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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: ['The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length. At 0:59 GMT, the EUR/USD is trading 1.1422, down 0.0004 or -0.03%. Reuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission. That would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans. A source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France. Diplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time. Deal Will Have Major Impact on Euro While the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes. Early Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year. Currently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – July 20th, 2020 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50 ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length.\nAt 0:59 GMT, theEUR/USDis trading 1.1422, down 0.0004 or -0.03%.\nReuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission.\nThat would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans.\nA source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France.\nDiplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time.\nWhile the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes.\nEarly Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year.\nCurrently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – July 20th, 2020\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50\n• ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar\n• Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions.\nAt 01:26 GMT,Japan’s Nikkei 225 Indexis trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%.\nChina’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%.\nChina is expected to keep itsbenchmark lending ratesteady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis.\nThirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors.\nThe one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%.\nJapan’s exports fellin May at the fastest pace since the global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world’s third-largest economy this quarter.\nU.S.-bound exports – Japan’s key market – halved to market the biggest annual drop since March 2009, due to more than 70% declines in shipments of cars and car parts. Japan is the world’s second-largest exporter of autos.\nU.S.-bound exports fell to 588 billion Yen ($5.48 billion), the lowest since February 2009, shrinking Japan’s trade surplus with the United States to 10 billion Yen, the smallest since records began in January 1979.\nHong Kong tightened coronavirus restrictions on Sunday, with non-essential civil servants told to work from home from this week, as the global financial hub reported a record number of daily cases.\nHong Kong leader Carrie Lam told a news conference the city recorded more than 100 cases in the past 24 hours, the most since the pandemic took hold in late January, taking the tally close to 2,000 patients, 12 of whom have died.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Geopolitics and COVID-19 Put the EUR, Pound and the Greenback in Focus\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – Weak AUD Jobs Data, NZ Inflation Raise Red Flags\n• European Equities: Futures Point to the Red as EU Recovery Fund Talks Stall\n• Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices\n• Crude Oil Traders Look to China\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions. At 01:26 GMT, Japan’s Nikkei 225 Index is trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%. China’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%. China to Keep Benchmark Lending Rate Unchanged for 3 rd Straight Month in July:\xa0 Reuters Poll China is expected to keep its benchmark lending rate steady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis. Thirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors. The one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%. Japan’s Exports Fall Most Since 2009 as U.S. Demand Slumps Japan’s exports fell in May at the fastest pace since Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $169,171,144,700 - Hash Rate: 121580323.15627 - Transaction Count: 309747.0 - Unique Addresses: 644972.0 Social & AI Sentiment: - Fear & Greed Index: 0.44 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin price is caught in a downdraft after a series of rallies in recent weeks that repeatedly fizzled out at the $10,000 mark. “There is no clear understanding where bitcoin will go,” Yuriy Mazur, head of data analytics at cryptocurrency exchange CEX.IO told CoinDesk’s Omkar Godbole. “It may either retrace back to $6,500 or reach $10,000.” You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: First Mover: EOS Has Still to Prove Itself After Spiraling Down This Past Year With the near-term picture cloudy, some analysts are focusing on a longer-term trend that could be surprisingly bullish for bitcoin: the emergence of digital currencies issued by central banks. It’s not an obvious investment thesis because bitcoin was invented to be used in an electronic peer-to-peer payment system that would be free of government control and operate outside of the traditional banking system. And most central bank digital currencies, or CBDCs, would, by their very nature, be issued and controlled by governments, and in many cases distributed through banks. But Jack Purdy and Ryan Watkins of the research firm Messari wrote last week in a report that the “coming digitization of money,” including the launch of CBDCs, could provide a “secular tailwind” for bitcoin. Related: Blockchain Bites: Facebook’s Calibra Facelift and Tencent’s ‘New Infrastructure’ Investments CBDCs have gained momentum over the past year as countries consider whether to roll out digital versions of their currencies to keep up with Facebook’s proposed Libra and China’s forthcoming digital currency electronic payment, which is already in testing . The journal Central Banking, which is supported by the Bank of International Settlements and the European Central Bank among others, found in a survey earlier this month that some 46 countries are considering CBDCs using a constrained form of distributed ledger technology. Story continues Federal Reserve Chair Jerome Powell told Congress in February the U.S. central bank is in the early stages of researching digital currencies , and that having a “single government currency at the heart of the financial system is something that has served us well.” Even so, JPMorgan said last week in a report that “there is no country with more to lose from the disruptive potential of digital currency than the United States,” as reported by Bloomberg News. “This revolves primarily around U.S. dollar hegemony.” The largest U.S. bank’s warning merely reinforces the urgency and significance of the efforts, and that’s what the Messari analysts were homing in on. “Catalyzed by bitcoin and the recognition of the benefits of blockchain technology, many countries and companies around the world have begun researching, testing and launching their own digital currencies,” the analysts wrote. “When these projects launch, they will have the combined effect of exposing billions of people to cryptocurrency-related technologies,” according to the report. “This will increase people’s comfort with and understanding of cryptocurrencies, get more people creating and using cryptocurrency wallets, and provide on-ramps into decentralized cryptocurrencies like bitcoin.” So CBDCs might be used to facilitate purchases of bitcoin? That’s the idea. Tweet of the day Bitcoin watch BTC : Price: $8,878 ( BPI ) \| 24-Hr High: $9,011 \| 24-Hr Low: $8,672 Trend : While bitcoin has recovered from two-week lows reached on Monday, the cryptocurrency is yet to beat key resistance above $9,300. At press time, bitcoin is changing hands near $9,000, having put in a low of $8,630, according to CoinDesk’s Bitcoin Price Index. Prices need to cross Sunday’s high of $9,310. That would invalidate the lower highs setup on the 4-hour chart and confirm an end of the pullback from $10,000 and the revival of the bullish trend. However, as long as prices are held under $9,310, the bearish view put forward by Sunday’s downside break of the ascending trendline connecting March 13 and April 21 lows would remain valid. The uptick from $8,630 to $9,000 seen in the last 24 hours lacks substance, as volumes have remained low throughout the price recovery. A low-volume bounce is often short-lived. Hence, prospects of a strong move above $9,310 look bleak. Besides, higher time frame charts are reporting a failed breakout. “The previous weekly candle below the long-term downtrend line support (drawn from June 2019 and February 2020 high), which locally invalidates the bullishness,” said Adrian Zduńczyk, chartered market technician and CEO of trading community The BIRB Nest. So another move lower toward $8,630 cannot be ruled out. A violation there would expose 78.6% Fibonacci retracement marked at 8524. “If that level is broken, it would result in tapping into range lows support $8,000-$8,100. The 50-day average at $8,300 could also offer support,” said Zduńczyk. However, if prices rise above $9,300 with strong volumes, a falling wedge breakout would be confirmed on the 4-hour chart. That would open the doors to a re-test of $10,000. Related Stories India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms Crypto Long & Short: Innovation Cycles, Crypto Venture Funds and Institutional Investors... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Joyce Lee\nSEOUL (Reuters) - Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed.\nRetail investors, known locally as ants, were a force in a 50% stock-price surge after a virus-induced sell-off in March.\nFrom then through May, however, those seeking help for trading-related addictive behaviour reached 214, showed data from the Korea Center on Gambling Problems. The growth rate eclipsed the overall 16% rise in calls seeking help.\nThe trend is a worrying sign of things to come should social distancing practices such as work-from-home become the norm, experts said, as isolated individuals have even fewer mechanisms such as peer support to check addictive behaviour.\nCompulsive stock trading also lacks the social stigma that may act as a deterrent toward traditional forms of gambling, even though the stimulation behind both is similar, they said.\nSouth Korea has not enforced any virus-busting lockdown measures, even during the height of the outbreak in the country over February and March. Nevertheless, people and businesses by and large have followed government guidelines and refrained from social gatherings and instituted work-from-home arrangements.\nOne such individual was 35-year-old bank employee surnamed Lee. He has been trading shares online for over a year since hearing of a friend who made a windfall through frequently buying and selling stocks based on rumour and speculation.\nThough Lee has seen some success - once making a profit of several hundred thousand dollars in a single trade - increased trading time afforded by working-from-home culminated last month in him losing 1.2 billion won ($1 million) over five days.\nOn the insistence of his wife, he said, he subsequently sought help from a gambling addiction counsellor.\n"We tend to see an influx of people seeking help after a huge market dive," said Kim Yeon-su, treatment manager at the Korea Center on Gambling Problems help centre in Seoul. "It happened with Bitcoin and now it\'s happening with stocks."\nActive trading accounts - the bulk of which belong to retail investors - rose 2.8 million from mid-January through mid-July, versus 1.6 million in the same period last year, financial association data showed.\nThe surge was reflected in the July listing of SK Biopharmaceuticals Co Ltd, where each share on offer for retail investors attracted 323 prospective buyers whose down-payments totalled 31 trillion won. The successful buyers saw their investment more than quintuple in four days.\nInvestor message boards on South Korea\'s dominant internet search portal see high traffic throughout trading hours with posts such as, "I want to become a king ant" and "I was robbed today as usual", plus discussion of obscure stocks and preferred shares.\nMental health experts said trading can become high-stakes gambling, with little to hold back the trader when they can trade easily online at home and often on credit.\n"Some of these people are buying, selling, buying, selling... To become a gambler, you need immediate stimulation to the brain. Invest in stable things, wait three months - they don\'t do this," said psychiatrist Shin Young-chul at the Kangbuk Samsung Hospital.\n"For a person for whom 400 million won goes back and forth in a day, can they stay engaged in their job that earns 2 million won a month?"\n($1 = 1,203.1000 won)\n(Reporting by Joyce Lee; Editing by Christopher Cushing)', 'By Joyce Lee SEOUL (Reuters) - Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed. Retail investors, known locally as ants, were a force in a 50% stock-price surge after a virus-induced sell-off in March. From then through May, however, those seeking help for trading-related addictive behaviour reached 214, showed data from the Korea Center on Gambling Problems. The growth rate eclipsed the overall 16% rise in calls seeking help. The trend is a worrying sign of things to come should social distancing practices such as work-from-home become the norm, experts said, as isolated individuals have even fewer mechanisms such as peer support to check addictive behaviour. Compulsive stock trading also lacks the social stigma that may act as a deterrent toward traditional forms of gambling, even though the stimulation behind both is similar, they said. South Korea has not enforced any virus-busting lockdown measures, even during the height of the outbreak in the country over February and March. Nevertheless, people and businesses by and large have followed government guidelines and refrained from social gatherings and instituted work-from-home arrangements. One such individual was 35-year-old bank employee surnamed Lee. He has been trading shares online for over a year since hearing of a friend who made a windfall through frequently buying and selling stocks based on rumour and speculation. Though Lee has seen some success - once making a profit of several hundred thousand dollars in a single trade - increased trading time afforded by working-from-home culminated last month in him losing 1.2 billion won ($1 million) over five days. On the insistence of his wife, he said, he subsequently sought help from a gambling addiction counsellor. "We tend to see an influx of people seeking help after a huge market dive," said Kim Yeon-su, treatment manager at the Korea Center on Gambling Problems help centre in Seoul. "It happened with Bitcoin and now it\'s happening with stocks." Active trading accounts - the bulk of which belong to retail investors - rose 2.8 million from mid-January through mid-July, versus 1.6 million in the same period last year, financial association data showed. The surge was reflected in the July listing of SK Biopharmaceuticals Co Ltd, where each share on offer for retail investors attracted 323 prospective buyers whose down-payments totalled 31 trillion won. The successful buyers saw their investment more than quintuple in four days. Story continues Investor message boards on South Korea\'s dominant internet search portal see high traffic throughout trading hours with posts such as, "I want to become a king ant" and "I was robbed today as usual", plus discussion of obscure stocks and preferred shares. Mental health experts said trading can become high-stakes gambling, with little to hold back the trader when they can trade easily online at home and often on credit. "Some of these people are buying, selling, buying, selling... To become a gambler, you need immediate stimulation to the brain. Invest in stable things, wait three months - they don\'t do this," said psychiatrist Shin Young-chul at the Kangbuk Samsung Hospital. "For a person for whom 400 million won goes back and forth in a day, can they stay engaged in their job that earns 2 million won a month?" ($1 = 1,203.1000 won) (Reporting by Joyce Lee; Editing by Christopher Cushing) View comments', "Grayscale Investments, a company that manages cryptocurrency funds, announced Monday that shares of its Bitcoin Cash trust and Litecoin Trust have been approved for public listing by the Financial Industry Regulatory Authority (FINRA). What Happened The listings will represent\xa0the two cryptocurrencies, Bitcoin Cash (BCH)\xa0and Litecoin (LTC),\xa0which have market capitalizations of $4.2 billion and $2.8 billion, respectively. Bitcoin Cash or BCash was created as a hard fork to the world's apex cryptocurrency in 2017. Former Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ) employee Charlie Lee\xa0created Litecoin as a Bitcoin-spinoff in October 2011, with the\xa0intention to make cryptocurrency transactions faster. This would be the first time ever that publicly listed securities have ever derived their value from these cryptocurrencies. The Bitcoin Cash trust will trade under the symbol BCHG and the Litcoin Trust under LTCN on the otc markets. Grayscale\x92s offerings will allow institutional investors access to these cryptocurrencies, who have concerns about purchasing such assets directly, Fortune noted . The shares will reportedly trade at a premium to the price of their underlying crypto assets. Why It Matters Greyscale\xa0Bitcoin Trust (OTC: GBTC )\xa0shares are said to be one of the top five equities held by millennials even ahead of shares of Netflix Inc , (NASDAQ: NFLX ) according to Fortune. The company has six such offerings, including Greyscale Ethereum Trust (OTC: ETHE ) and Greyscale Ethereum Classic Trust (OTC: ETCG ). Greyscale\x92s shares trade on the OTCQX, which is overseen by FINRA and does not require registration with the United States Securities and Exchange Commission. Price Action Bitcoin Cash traded nearly 0.2% lower at $169.67 at press time on Tuesday, according to CoinMarketCap data. Litecoin traded about 0.4% lower at $42.35. See more from Benzinga Amazon Self-Driving Subsidiary Aurora Starts Testing Fleet In Texas Google Adds New Features Aimed At Remote Workers To Gmail For Business Microsoft, Amazon, Google Sued For Alleged Privacy Violation In Use Of IBM Facial Recognition Database © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Grayscale Investments, a company that manages cryptocurrency funds,announcedMonday that shares of its Bitcoin Cash trust and Litecoin Trust have been approved for public listing by the Financial Industry Regulatory Authority (FINRA).\nWhat Happened\nThe listings will represent\xa0the two cryptocurrencies, Bitcoin Cash (BCH)\xa0and Litecoin (LTC),\xa0which have market capitalizations of $4.2 billion and $2.8 billion, respectively.\nBitcoin Cash or BCash was created as a hard fork to the world's apex cryptocurrency in 2017.\nFormerAlphabet Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG) employee Charlie Lee\xa0created Lite Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $172,990,358,825 - Hash Rate: 107783974.429318 - Transaction Count: 312871.0 - Unique Addresses: 660884.0 Social & AI Sentiment: - Fear & Greed Index: 0.44 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Related:The Real Story Behind Tesla's Crazy Rally • Bitcoin News Roundup for July 14, 2020 • Bitcoin News Roundup for July 14, 2020... - Reddit Posts (Sample): [['u/Humble_Vegetable', 'Sapper School Tips From an Honor Grad and Ranger', 151, '2020-07-21 01:26', 'https://www.reddit.com/r/army/comments/huwbm4/sapper_school_tips_from_an_honor_grad_and_ranger/', 'Disclaimer: Please let me know if I have violated any rules or confidentiality of the course and will comply with any adjustment. No answers are posted. These are some tangible thoughts and strategies for many sapper events that brought my squad and I considerable success moving through. I went through with consistently single-digit temperatures, so my skill set is that of a winter sapper and a summer ranger. I don\'t know how specific I can get without issue, but will attempt to be as specific as allowed.\n\nValid as of early 2020\n\nThe best day to day description of Sapper school:\n\n[https://www.reddit.com/r/army/comments/bd58m5/sapper\\_school\\_descriptionguide/](https://www.reddit.com/r/army/comments/bd58m5/sapper_school_descriptionguide/)\n\nPreparation:\n\n1. Memorize the knots test. Yes, you will have to demonstrate the butterfly coil with a farmers tie off and/or the bowline on a coil. \n2. Memorize the sapper creed. You will be singled out eventually.\n3. Run often, no less than 5 miles with every hill you can find. My run route was traversing the base up and down every hill available. Often back and forth on the same hill loop for miles.\n4. You have access to TC 3-34.85 - read it. Understand the GS topics I will list below (in no particular order).\n5. Everything is for points. Never slack on a section because you think you\'re set. Identifying that type of anti-personnel mine everyone forgot the name of, could save you. If you have an hour to practice and rehearse, take the entire hour.\n\nGeneral Subjects\n\nGS is playing the game for points, but the game is consistent dedication to clawing at a slightly higher score by practicing your PE\'s for the entire time allotted.\n\n&amp;amp;amp;#x200B;\n\n1. Air Operations -\n 1. Memorizing types of aircraft with their loads, personnel, landing space... the general pathfinder needs.\n 2. Pathfinder Ops \\- Included in Air Operations, the practical exercise portion memorizing comms with approaching aircraft, hands-on will teach you in person - the biggest challenge is memorizing the commands of adjusting flightpath of incoming airdrops. About half a page of scripted commands you send over the radio by memory.\n2. Memorization Practical Exercises \\- Do not stop practicing for any timeframe they allocate you.\n 1. UXO \\- No issue learning this in person. Fast notes. Practice identifying. Covers classification and method of delivery. Example being Anti Tank - High Explosive Anti Tank (HEAT). Anti-personnel - fragmentation handheld. Etc.\n 2. Foreign Weapons \\- Memorization by affiliation - naming a dozen foreign, mostly Russian rifles, antiaircraft guns, and machine guns.\n 3. Foreign weapon assembly/disassembly \\- 5 types of an AK, all the same basic parts but must identify the subtle differences (AK47, AK74, AK74U, etc). You disassemble and assemble for time. Practice for the entire time available to do so.\n3. Waterborne Ops \\- no issues, no written test\n 1. Boat test for rigging and lashing the transom, ruck loading, capsize drills. If we were graded for points, it was minuscule but were tested out pass-fail with a couple of rehearsal attempts and a graded attempt. My squad had no issue.\n4. Hauling \\- The most conceptual challenge of Sapper - most individual event no-go.\n 1. Building 2:1 redirect, 3:1 and 5:1 pulley systems to haul equipment.\n 2. Practice until you\'re sick of it, then do it again.\n 3. YOUTUBE THESE BEFOREHAND IF YOU DON\'T UNDERSTAND THE CONCEPT.\n 4. If they see you\'re good, prepare for the 5:1 system test-out.\n5. A-Frame \\- Most meticulously challenging squad event - squad pass/fail\n 1. Many squads cut losses on this, my squad did not, but we still missed the 20-minute window by 5 seconds.\n 2. Tip: The individuals that participate in the example keep the same role for the rest of GS. Don\'t let the "Strong Sapper" be the wraps and fraps leader (courdelletes tying the 2 pillars together at the joint to create the \'A\')\n6. One Rope Bridge \\- Easy points\n 1. Whoever is the position during the instructor example does not change for the rest of GS.\n 2. Smart sapper needs to be the bridge team commander (BTC) who ties the transport tightening system. All other positions can be anyone.\n7. Casualty Belay \\- Challenging, same approach as one rope bridge and A-frame.\n 1. \\\\\\Someone writes down how to stage the equipment and the exact equipment list for staging\\\\\\ carabiners have different tensile strengths for different sections of the belay.\n 2. Don\'t make the same sappers run all the events, the processes become a little jumbled and hazy come mountain to test out.\n 3. One person masters their part in their specific order of events. They don\'t change from the instructor-led example. Everyone writes their specific task down step by step.\n8. Prusik ascent \\- Pass-Fail\n 1. Set up a prusik ascent in 3 minutes (I think its 3min). You have copious amounts of time to practice.\n 2. Ask questions early, practice it again, and again, and again. Then be sick of doing it and do it again.\n9. Rappelling on Tower day \\- attention to detail keeps you from getting major minuses and you will be set. Hollywood and combat rappels, that use super 8, air traffic controller, super belay gadget, muntar hitch, and aussie. Timed and tested rappel seat with inspection (I wigged out and tied a granny.. minor minus). Timed and tested RMPI (rappel master personal inspection, very difficult to identify pebbles in pockets, minor minus). Then you will rig sked casualty belay during your mountain day.\n\nFrom a strategic standpoint, you can easily accrue 3 major minuses for safety violations if you misroute one of your dynamic ropes in the ATC/SBG, or enter the pit from an unauthorized side. Attention to detail10. Preparing your mermite meals dress-right-dress to standard in GS and part of patrol.\n11. Class leader delegates tasks. One squad unloads main meals and serves, one squad unloads fruits, desserts, juices, silverware, and distros to the place setting in formation, remaining squads hold 2 plates at a time and move through the line... everyone gets one item, all the same.\n12. My class could set 50 meals in 4 minutes.\n13. Demo \\- multiple choice\n 1. If you went to EBOLC, re-learn your demo week quizzes and tests. You will be set.\n 2. NCOs - link up with a 12B for their standard demolition testing, learn these calculations before showing up. They will include all your standard MSD (minimum safe distance) with and without blast blanket, some tricky NEW (net explosive weight) with caps, det cord, and blocks, the timing for time fuse and how much to cut, ribbon charges, and some others that confuse you on when to place what style charge because of the size of a bar, the material, or the location.\n\nPatrols\n\n1. Treat it like it\'s real. I can not stress this enough, more than any other aspect of patrols ten times over. Live in the moment, become insatiable from the act of treating everything like it\'s real. (Then when SI\'s leave, flip the script and run out to place the claymore).\n2. Recycles run this phase. Let them. Empower them and learn their special products - laminated folders that track equipment, personnel, and patrol base sectors of fire. This is PSG patrol base \'go.\'\n3. Grading\\- \\\\THIS IS ENTIRELY SPECULATION BASED ON RANGER SCHOOL\\\\Widely unknown but can assume its the ranger school style of 70%. They will never tell you though.. .. You must \'go\' 4/5 events, (or 5/7 if they want to help you out). The events you\'re graded on are never known, even after your evaluation in sapper, and an unbiased system should have them select the event before they know who they are grading. It does not work like this. Everything is written in pencil, until the day you tab. Never give them a reason to turn your good mission into a below the standard one. Graded events include, but are not limited to Patrol Base ops, react to contact, react to IDF, squad or platoon attack, reach to ambush near/far, ORP ops like ruck distribution plans, movement formation, communication (hand arm signal/coms with higher/gotwa distro), land navigation (one SI shift grades if you make it to OBJ, one SI shift will make you pinpoint within a 200-300 meter accuracy for a go), actions on objective, post actions on (mascal, casevac, ace, salute, epw search/clear, withdrawal) (this is a flimsy one, and I believe we admin endex\'d each mission in the interest of time for moving to the next mission. At night its white light to find your rucks. You don\'t leave ORP security, I believe there is a demolition application one you can be graded on as well. There are a dozen other grading points, but I just hit the major ones. You will get an AAR after your leadership day which in no way reflects your go/nogo from the tone of the review. A glowing AAR can still result in a nogo, always try your best on the next look.\n4. OPORD, know who is on what team\'s section of the OPORD. Do it once, learn from the critiques, write a copy of your product, and then rewrite it for test day. Shells made are okay, scripts are usually taken after use unless you take it back first. The SI\'s don\'t really care that much.\n5. I did not get to experience sapper school patrol base operations or priorities of work. I couldn\'t even tell you if they do POW in the patrol base. I went when it averaged single digits in the day and we were forbidden from sleeping on the ice/snow in the field. We had many hypothermia cases and equal amounts of heat casualties.\n\nPersonal Opinion for Success\n\n1. My final and best recommendation. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rallied by 2.43% on Tuesday. Reversing a 0.56% decline from Monday, Bitcoin ended the day at $9.402.0.\nIt was a bullish start to the day. Bitcoin rallied from an early morning intraday low $9,174.4 to an early afternoon intraday high $9,457.2.\nBitcoin broke through the major resistance levels before falling back to $9,340 levels.\nThe pullback saw Bitcoin fall through the third major resistance level at $9,358.03 before returning to $9,400 levels.\nResistance at $9,400 capped the upside late in the day.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Tuesday.\nTezos led the way, rallying by 9.29%.\nBitcoin Cash SV (+5.60%), Cardano’s ADA (+4.66%), Ethereum (+4.13%), Litecoin (+4.53%), also found strong support.\nBinance Coin (+1.43%), Bitcoin Cash ABC (+2.60%), EOS (+2.32%), Monero’s XMR (+0.68%), Ripple’s XRP (+2.53%), Stellar’s Lumen (+2.59%), and Tron’s TRX (+2.42%) trailed the front runners.\nAt the start of the week, the crypto total market cap fell to a Monday low $262.70bn before striking a Tuesday high $274.62bn. At the time of writing, the total market cap stood at $270.71bn.\nBitcoin’s dominance fell to a Monday low 63.20% before rising to a Tuesday high 64.08%. At the time of writing, Bitcoin’s dominance stood at 63.76%.\nAt the time of writing, Bitcoin was down by 0.30% to $9,373.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,402.1 to a low $9,373.9.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Monero’s XMR bucked the trend at the time of writing, rising by 0.03%.\nIt was bearish for the rest of the majors, with Tezos down by 1.60% to lead the way down.\nBitcoin would need to avoid a fall through the $9,345 pivot to support a run at the first major resistance level at $9,515.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,457.2.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,627 before any pullback.\nFailure to avoid a fall through the $9,345 pivot level would bring the first major support level at $9,232 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$9,100 levels. The second major resistance level sits at $9,062.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Opening, but Cautious Trade Late\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2020\n• US Stock Market Overview – Stock Close Mixed, Energy Rises and Technology Lags\n• Natural Gas Price Forecast – Natural Gas Markets Recover a Bit on Tuesday\n• USD/CAD Daily Forecast – Test Of Support At 1.3440\n• Bank of America Struggling To Hold Above March Low', 'Bitcoin, BTC to USD, rallied by 2.43% on Tuesday. Reversing a 0.56% decline from Monday, Bitcoin ended the day at $9.402.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $9,174.4 to an early afternoon intraday high $9,457.2. Bitcoin broke through the major resistance levels before falling back to $9,340 levels. The pullback saw Bitcoin fall through the third major resistance level at $9,358.03 before returning to $9,400 levels. Resistance at $9,400 capped the upside late in the day. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Tuesday. Tezos led the way, rallying by 9.29%. Bitcoin Cash SV (+5.60%), Cardano’s ADA (+4.66%), Ethereum (+4.13%), Litecoin (+4.53%), also found strong support. Binance Coin (+1.43%), Bitcoin Cash ABC (+2.60%), EOS (+2.32%), Monero’s XMR (+0.68%), Ripple’s XRP (+2.53%), Stellar’s Lumen (+2.59%), and Tron’s TRX (+2.42%) trailed the front runners. At the start of the week, the crypto total market cap fell to a Monday low $262.70bn before striking a Tuesday high $274.62bn. At the time of writing, the total market cap stood at $270.71bn. Bitcoin’s dominance fell to a Monday low 63.20% before rising to a Tuesday high 64.08%. At the time of writing, Bitcoin’s dominance stood at 63.76%. This Morning At the time of writing, Bitcoin was down by 0.30% to $9,373.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,402.1 to a low $9,373.9. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Monero’s XMR bucked the trend at the time of writing, rising by 0.03%. It was bearish for the rest of the majors, with Tezos down by 1.60% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,345 pivot to support a run at the first major resistance level at $9,515. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,457.2. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,627 before any pullback. Failure to avoid a fall through the $9,345 pivot level would bring the first major support level at $9,232 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$9,100 levels. The second major resistance level sits at $9,062. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Opening, but Cautious Trade Late EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2020 US Stock Market Overview – Stock Close Mixed, Energy Rises and Technology Lags Natural Gas Price Forecast – Natural Gas Markets Recover a Bit on Tuesday USD/CAD Daily Forecast – Test Of Support At 1.3440 Bank of America Struggling To Hold Above March Low', 'Latvian state police said they had dismantled an organized cybercrime ring, seizing over 110,000 euros ($126,926) in cryptocurrencies from the alleged perpetrators.\n• Policesaid Monday they had confiscated110,000 euros-worth of bitcoin (BTC), ether (ETH), XRP and tether (USDT) from the group.\n• Additionally, over 12 raids they seized 280,000 euros ($323,084) and $37,000 in cash, 11 properties and three cars.\n• The gang is alleged to have engaged in “large-scale” money laundering from 2015 through 2020.\n• Officials arrested and charged three suspects with committing cyber fraud, procuring reams of private account data on the dark web, laundering money through gold and cryptocurrency, and targeting at least 1,000 victims around the world.\n• In a press statement, Latvian authorities declined to elaborate on the crime syndicate’s fraud tactics, saying that information was sensitive to the ongoing investigation.\n• Criminal proceedings began in late February, they said.\n• If convicted the suspects face three to 12 years in prison.\nRead more:The DOJ Wants to Hire a Crypto Crime Attorney Adviser\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring', 'Latvian state police said they had dismantled an organized cybercrime ring, seizing over 110,000 euros ($126,926) in cryptocurrencies from the alleged perpetrators. Police said Monday they had confiscated 110,000 euros-worth of bitcoin (BTC), ether (ETH), XRP and tether (USDT) from the group. Additionally, over 12 raids they seized 280,000 euros ($323,084) and $37,000 in cash, 11 properties and three cars. The gang is alleged to have engaged in “large-scale” money laundering from 2015 through 2020. Officials arrested and charged three suspects with committing cyber fraud, procuring reams of private account data on the dark web, laundering money through gold and cryptocurrency, and targeting at least 1,000 victims around the world. In a press statement, Latvian authorities declined to elaborate on the crime syndicate’s fraud tactics, saying that information was sensitive to the ongoing investigation. Criminal proceedings began in late February, they said. If convicted the suspects face three to 12 years in prison. Read more: The DOJ Wants to Hire a Crypto Crime Attorney Adviser Related Stories Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring', 'The Supreme People’s Court of China has said the country’s legal system should strengthen protections around digital currency ownership rights.\n• Published Wednesday, a newguidelinefrom the supreme court, under the section “Strengthening judicial protection for property and equity rights,” specifies that the legal system should enhance protections over new types of ownership rights such as digital currencies, online virtual assets and data.\n• While the court did not elaborate on details or provide a definition of “digital currencies,” the guideline comes at a time when there are rising numbers of legal disputes in China over the ownership of digital assets, including major cryptocurrencies likebitcoin (BTC)andether (ETH).\n• Previouslythere have beenlegal decisions Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $172,990,358,825 - Hash Rate: 124167138.542574 - Transaction Count: 364792.0 - Unique Addresses: 748958.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is looking to leap key resistance alongside a strong rally in gold. The top cryptocurrency by market value is trading around $9,300 at press time, according to CoinDesk’sBitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and June 22 highs. A sustained move past $9,330 would indicate an end of the bearish trend from the June 1 high of $10,429. While bitcoin has yet to restore the immediate bullish trend and is trading 50% below its record high of $20,000, gold has jumped to a nine-year high of $1,801 per ounce, as per data sourceTradingView. Related:23-Year-Old Who Lied to Bank About Bitcoin Holdings Pleads Guilty to Fraud The hedge asset now sits just 6% short of the lifetime high of $1,920 reached in September 2011. See also:First Mover: With Trading Volumes Slumping, Are There Too Many Crypto Exchanges? The precious metal is likely drawing bids due to negative real (inflation-adjusted) yields offered by the US bonds,as noted bypopular macro analyst Holger Holger Zschaepitz. As seen above, the real yield has declined from 0.3% to -0.73% over the past 3.5 months. During the same period, gold has rallied from $1,450 to $1,800. Essentially, gold is performing as an inflation hedge. Related:Start9 Labs Pitches a Private At-Home Server. And It Works Bitcoin also rallied from $3,867 to $10,400 in the two months leading up to its third reward halving on May 11. Since then, however, the rally has stalled and the cryptocurrency has failed multiple times to find a foothold above $10,000. More importantly, bitcoin’s correlation with the S&P 500 index has strengthened, denting its appeal as a safe-haven asset. Many analysts, however, remain optimistic about bitcoin’s long-term prospects. “In the BTC market, there is an increased institutional acceptance and awareness of the asset class which should bode well for long-term price appreciation. We’ve seen prominent organizations and figures such as [Paul Tudor Jones], JPMorgan, Fidelity, which are publicly involved in the market, yet this is just the tip of the iceberg,” said Stephen Stonberg, COO and CFO at Bittrex Global, a cryptocurrency exchange. Legendary hedge fund managerPaul Tudor Jones allocated1%-3% of his investment portfolio to bitcoin futures in May. ”Bitcoin volatility has been lower than that of traditional assets throughout this crisis; however, we would argue there is nothing traditional about equity markets and the traditional economy today,” Stongberg added. “In this ‘new normal,’ bitcoin starts to look appealing as a new asset class that is not subject to the constraints and money printing of central banks.” See also:Nearly $60M in Bitcoin Moved to Ethereum in June The U.S. Federal Reserve hasexpanded its balance sheetby more than $3 trillion since the beginning of the coronavirus crisis in early March. However, the unprecedented money printing and the resulting concerns over inflation have mainly benefited gold. It remains to be seen if bitcoin takes up its expected role as an inflation hedge in the long run. As for the next 24 hours or so, the focus is on the trendline resistance around $9,330. A strong move above that level would open the doors for $10,000. Alternatively, a move below the weekend low of $8,900 may invite stronger chart-driven selling. Disclosure:The author holds no cryptocurrency assets at the time of writing. • As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout • As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Last week\'s hack of over 100 very high-profile Twitter accounts did in fact expose the direct messages of many of those accounts, the company admitted today — including those of an elected official in the Netherlands, Geert Wilders. The attack saw numerous popular accounts of celebrities and politicians taken over and tweeting a very obvious Bitcoin scam that nevertheless seems to have netted at least six figures. Twitter said that a "coordinated social engineering attack" gave hackers "access to internal systems and tools." Verified users were also briefly prevented from tweeting (a change some welcomed). In tweets and an update to its blog post on the "security incident," Twitter said that "for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox." They are "actively working on communicating directly" with those accounts affected. We believe that for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox, including 1 elected official in the Netherlands. To date, we have no indication that any other former or current elected official had their DMs accessed. — Twitter Support (@TwitterSupport) July 22, 2020 Twitter had declined to say in the immediate aftermath of the attack whether DMs had been accessed by the hackers. Twitter\'s messaging system is infamously not well encrypted but it was not clear whether the administrative tool reportedly used by the attackers offered access to inboxes. A hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam Apparently whatever method was used, it gave access to DMs some of the time, or perhaps the hackers simply didn\'t avail themselves of the opportunity for the remaining 94 accounts they took over. It\'s not really clear from Twitter\'s announcement. Twitter has previously said that it has "no evidence" that passwords were accessed by the hackers, and nothing in the update contradicts that. The company attempted to place a silver lining on this cloud, saying it had "no indication that any other former or current elected official had their DMs accessed." Considering the accounts of Barack Obama and Joe Biden were among those affected, that is technically good news. This is almost certainly not the last we\'ll hear from Twitter on this disturbing security breach.', 'Last week\'s hack of over 100 very high-profile Twitter accountsdid in fact expose the direct messages of many of those accounts, the company admitted today — including those of an elected official in the Netherlands, Geert Wilders.\nThe attack saw numerous popular accounts of celebrities and politicians taken over and tweeting a very obvious Bitcoin scam that nevertheless seems to have netted at least six figures.Twittersaid that a "coordinated social engineering attack" gave hackers "access to internal systems and tools." Verified users were also briefly prevented from tweeting (a change some welcomed).\nIn tweets and anupdate to its blog poston the "security incident," Twitter said that "for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox." They are "actively working on communicating directly" with those accounts affected.\nTwitter had declined to say in the immediate aftermath of the attack whether DMs had been accessed by the hackers. Twitter\'s messaging system is infamously not well encrypted but it was not clear whether the administrative tool reportedly used by the attackers offered access to inboxes.\nA hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam\nApparently whatever method was used, it gave access to DMs some of the time, or perhaps the hackers simply didn\'t avail themselves of the opportunity for the remaining 94 accounts they took over. It\'s not really clear from Twitter\'s announcement. Twitter has previously said thatit has "no evidence" that passwords were accessedby the hackers, and nothing in the update contradicts that.\nThe company attempted to place a silver lining on this cloud, saying it had "noindication that any other former or current elected official had their DMs accessed." Considering the accounts of Barack Obama and Joe Biden were among those affected, that is technically good news.\nThis is almost certainly not the last we\'ll hear from Twitter on this disturbing security breach.', 'NEW YORK, NY / ACCESSWIRE / July 22, 2020 / BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the exclusive primary listing of Swingby ($SWINGBY) on July 24th at 10:00 a.m. EDT. As the first platform to list Swingby, BitMax will facilitate a public sale on behalf of the project with a total allocation of 8,000,000 tokens on July 23 rd at 9:00 a.m. EDT. The public sale will be conducted via a novel "auction" mechanism which will allow users to determine the fair value of tokens by placing bids between 400 USDT and 550 USDT to win a tranche of 20,000 SWINGBY, indicating a price range of 0.020 - 0.025 USDT per token. With regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, notes: "The BitMax.io team has been working closely with the Swingby team to structure a creative go-to-market strategy for the past 6 months. We are very excited about the project\'s innovative cross-chain swap protocol and believe the industry\'s recent enthusiasm for DeFi projects will help boost further community adoption for Swingby." BitMax.io\'s recent listings have achieved promising return on investment ("ROI") for BitMax.io users with RiveX ($RVX), xDai STAKE ($STAKE), FIO Protocol ($FIO), and Orion Protocol ($ORN) all currently trading at an average of 9x relative to their opening prices. About BitMax.io Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions. For more information and updates, please visit: Website: https://bitmax.io/ Twitter: https://twitter.com/BitMax_Official Telegram: https://t.me/BitMaxioEnglishOfficial Story continues About Swingby Swingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology. For more information and updates, please visit: Website: https://swingby.network/ Twitter: https://twitter.com/SwingbyProtocol Telegram: https://t.me/swingby [email protected] Bella Long +1 (917) 379-8248 SOURCE: BitMax View source version on accesswire.com: https://www.accesswire.com/598578/BitMaxio-Announced-the-Exclusive-Primary-Listing-of-Swingby-with-Auction', 'NEW YORK, NY / ACCESSWIRE / July 22, 2020 /BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the exclusive primary listing of Swingby ($SWINGBY) on July 24th at 10:00 a.m. EDT.\nAs the first platform to list Swingby, BitMax will facilitate a public sale on behalf of the project with a total allocation of 8,000,000 tokens on July 23rdat 9:00 a.m. EDT. The public sale will be conducted via a novel "auction" mechanism which will allow users to determine the fair value of tokens by placing bids between 400 USDT and 550 USDT to win a tranche of 20,000 SWINGBY, indicating a price range of 0.020 - 0.025 USDT per token.\nWith regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, notes: "The BitMax.io team has been working closely with the Swingby team to structure a creative go-to-market strategy for the past 6 months. We are very excited about the project\'s innovative cross-chain swap protocol and believe the industry\'s recent enthusiasm for DeFi projects will help boost further community adoption for Swingby."\nBitMax.io\'s recent listings have achieved promising return on investment ("ROI") for BitMax.io users with RiveX ($RVX), xDai STAKE ($STAKE), FIO Protocol ($FIO), and Orion Protocol ($ORN) all currently trading at an average of 9x relative to their opening prices.\nAbout BitMax.io\nLaunched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.\nFor more information and updates, please visit:\nWebsite:https://bitmax.io/Twitter:https://twitter.com/BitMax_OfficialTelegram:https://t.me/BitMaxioEnglishOfficial\nAbout Swingby\nSwingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology.\nFor more information and updates, please visit:\nWebsite:https://swingby.network/Twitter:https://twitter.com/SwingbyProtocolTelegram:https://t.me/[email protected] Long+1 (917) 379-8248\nSOURCE:BitMax\nView source version on accesswire.com:https://www.accesswire.com/598578/BitMaxio-Announced-the-Exclusive-Primary-Listing-of-Swingby-with-Auction', "Apple Inc (NASDAQ: AAPL ) co-founder Steve Wozniak is suing Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) subsidiary YouTube LLC, alleging his name and likeness was used for a Bitcoin giveaway scam, Bloomberg reported Wednesday. What Happened Scammers reportedly used both the image\xa0and video of Wozniak to get the users of\xa0video streaming plat Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $172,990,358,825 - Hash Rate: 117268964.179098 - Transaction Count: 336245.0 - Unique Addresses: 696765.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: An index of 50 low-capitalization cryptocurrencies, the so-called Shitcoin Index , is up 114% so far this year. Launched in 2019 by FTX, the index was trading at an all-time high of $1,065 Monday after making all-time highs for the past three consecutive trading days. The novel futures product has outperformed bitcoin by 88 percentage points this year. Wednesday marked the first trading day the index closed above $1,000. September futures continue to trade in mild backwardation (at a discount) to perpetual futures. Daily trading volumes are low, staying below $10 million for the past month, but open interest, or the total value of contracts not yet settled, grew 43% over the past week, according to CoinGecko data. “Over the past month the ‘Robinhood Rally’ seems to have made its way into crypto, with popular and /or lower-cap coins running up while their respective market leaders stay quiet,” said Sam Bankman-Fried, CEO of FTX, the exchange that launched the index futures in August 2019. The index includes 50 low-cap cryptocurrencies including grin, theta, bitcoin gold, nano and ardor. Related Stories Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High... - Reddit Posts (Sample): [['u/ndroftheline', 'Can people test and confirm this - gaming just works on Mining GPU in Pop_OS 20.04', 33, '2020-07-23 00:31', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/', 'Reposting here because moderators removed it from /r/gaming (unclear why, I\'ve asked on the form)\n\nI bought a really inexpensive P106 gaming GPU from Taobao, it\'s one of the super low-end P106-090 jobs. Threw it in a spare Haswell-generation mini ITX build I\'ve just upgraded from. Installed Pop\\_OS 20.04...and started playing, immediately, with no setup. My whole desktop (including all apps and games) are being rendered on the P106, and the video signal is coming through the iGPU outputs (right now I happen to be using a VGA output). Getting solid 60-100fps framerates in all the Linux-native games I\'ve tried (sometimes having to tinker with quality settings), and a good handful of the Windows-only games I\'ve tried. Unigine Heaven getting \\~1100 score on Extreme preset.\n\nBut the key thing is I\'m getting what seems like 85% (?) of a GTX 1060 gaming experience using a $30 mining card...and I didn\'t have to faff around with "hacking" drivers or anything. It\'s literally an out of the box gaming experience; Pop\\_OS\' hybrid graphics functionality just make it work immediately.\n\nI\'m sort of pinching myself, not sure if I just got lucky with some random alignment of firmware versions, which I didn\'t attempt to do at all. Can other owners of similar equipment test this, just install Pop\\_OS 20.04 and see if, for example, Unigine Heaven renders using the P106 out of the box?\n\nThanks and game on!\n\naddendum1: \n\n/r/gaming moderator\'s reply: "The bit about mining was a red flag about bitcoin mining, but reading through the post seems to be not about that. Soooo just approved that for ya." so this is now a duplicate of that post, sorry', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/', 'hw3pfg', [['u/YanderMan', 12, '2020-07-23 01:54', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyxf34o/', 'How did you actually set it up? Are you implying that PopOS actually recognized the headless card and re-routed the signal to your iGPU by itself?', 'hw3pfg'], ['u/gardotd426', 11, '2020-07-23 02:06', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyxgf9w/', 'I\'m actually rather shocked. \n\nI recall a somewhat (time is meaningless at this point) LTT video where they got one of those mining cards with no outputs and tried to run it on Windows, couldn\'t get the driver "hack" working right, and then tried it on Linux and were able to play some games with it, but it wasn\'t quite as smooth or performant as what you\'re describing. Come to think of it, they also did that with a weird Chinese motherboard that had an integrated onboard GTX 1060 or something like that, and did the same thing, tried Windows fist, no dice, went to Linux. \n\nSo it seems like it\'s no surprise that it "works," but I\'m surprised it works so well, so easily. But I don\'t think anything about it sounds that crazy.', 'hw3pfg'], ['u/ndroftheline', 10, '2020-07-23 05:25', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyy0yi0/', 'yes, entirely by itself. i did nothing on purpose.', 'hw3pfg'], ['u/viboc', 10, '2020-07-23 09:51', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyykmqs/', 'Can we stop spreading misinformation about Nvidia drivers? I dislike the company as well but their drivers are solid and no longer than 4 years ago Nvidia was the only option if you wanted gaming on Linux. Also, the fact that mining cards work for desktop use with no restrictions is more than just "nice".', 'hw3pfg']]], ['u/liferemixed', '[Verzuz Game Thread] DMX vs Snoop Dogg', 597, '2020-07-23 02:19', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/', "Another great night of rap battles, let's go. DMX started with an amazing prayer.\n\nhttps://www.instagram.com/verzuztv/live/ \n\nApple music tracklist: https://music.apple.com/us/playlist/dmx-vs-snoop-dogg/pl.u-2506u21qmm \n\nVOD https://www.youtube.com/watch?v=BTCSsml_A4s", 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/', 'hw5k5p', [['u/Iotatl', 22, '2020-07-23 02:20', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxhwdg/', 'DMX HAS BEEN EATING GOOD I SEE', 'hw5k5p'], ['u/DPZ1156', 28, '2020-07-23 02:25', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxii05/', 'Snoop is vibing so hard to X’s music lmao, hes lovin this', 'hw5k5p'], ['u/harzee', 228, '2020-07-23 02:35', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjjkt/', 'I can’t believe the lack of interest for this in this subreddit. Absolutely pathetic. These are two goats going back n forth right now', 'hw5k5p'], ['u/gypsysiren11', 59, '2020-07-23 02:35', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjl6k/', 'This shit should be on the front page, two legends right here\n\nScore: 11-9 Snoop final.', 'hw5k5p'], ['u/yaboyjiggleclay', 87, '2020-07-23 02:38', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjvco/', 'These kids are too young that’s why. 93-98 era rap was UNMATCHED tbh', 'hw5k5p'], ['u/yaboyjiggleclay', 27, '2020-07-23 02:39', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjz8h/', 'I HATE how DMX only plays his record for like 30 seconds. He needs to let it ride out a little longer.', 'hw5k5p'], ['u/2e7en_', 36, '2020-07-23 02:42', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkbg6/', 'he can barely stand for that long dont make the man pass out on us like that.', 'hw5k5p'], ['u/whalestick', 14, '2020-07-23 02:43', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkdi1/', 'Man can barely get the 30 seconds out by the sound of it', 'hw5k5p'], ['u/2e7en_', 52, '2020-07-23 02:43', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkdkq/', 'this sub is like 80% teen nathans, what you expect.', 'hw5k5p'], ['u/supah015', 34, '2020-07-23 02:45', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkkk6/', "It's just age dude. Not that bad. I'm loving this though.", 'hw5k5p'], ['u/brandnameb', 17, '2020-07-23 02:45', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkm04/', "Man DMX gained weight. I'm happy lol", 'hw5k5p'], ['u/yaboyjiggleclay', 11, '2020-07-23 02:49', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl1wv/', 'Snoop’s No Limit albums suck but he had some bangers on them. Personal favs with “Bitch Please” & “Down 4 My Niggaz”', 'hw5k5p'], ['u/fanofsports12', 10, '2020-07-23 02:51', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl78n/', 'automatic W by DMX that round', 'hw5k5p'], ['u/mrpoodles11', 27, '2020-07-23 02:51', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl8e1/', 'This has been fun as fuck. DMX has lost a step for sure but snoop is ducking awesome. And DMX still hilarious.', 'hw5k5p'], ['u/I_am_gettys', 27, '2020-07-23 02:55', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxlpxc/', 'Better than him being on crack still. Good for him.', 'hw5k5p'], ['u/Mig1997', 10, '2020-07-23 02:59', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxm3na/', 'Who would even match his catalogue? Jay?', 'hw5k5p'], ['u/Mig1997', 13, '2020-07-23 03:00', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxm7x8/', 'I love Tha Shiznit\n\n\nBUT GET IT ON THE FLOOR WAS THE ONE', 'hw5k5p'], ['u/Mig1997', 18, '2020-07-23 03:07', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxmwqv/', 'What These Bitches Want is another automatic dub. Lord have mercy', 'hw5k5p'], ['u/yaboyjiggleclay', 16, '2020-07-23 03:08', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxn00p/', 'Y’all was shortchanging X don’t think I ain’t see that. He has bangers', 'hw5k5p'], ['u/katsu11', 37, '2020-07-23 03:08', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxn1ku/', "There was Brenda, LaTisha, Linda, Felicia (okay)\nDawn, LeShaun, Ines, and Alicia (ooh)\nTeresa, Monica, Sharron, Nicki (uh-huh)\nLisa, Veronica, Karen, Vicky (damn)\nCookies, well I met her in a ice cream parlor (aight?)\nTonya, Diane, Lori and Carla (okay)\nMarina (uh) Selena (uh) Katrina (uh) Sabrina (uh)\nAbout three Kim's (what?) LaToya, and Tina (WHOO!)\nShelley, Bridget, Cavi, Rasheeda (uh-huh)\nKelly, Nicole, Angel, Juanita (damn!)\nStacy, Tracie, Rohna, and Ronda (what?)\nDonna, Ulanda (what?) Tawana, and Wanda (what?)", 'hw5k5p'], ['u/CoweedandCannibus', 13, '2020-07-23 03:13', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxniwo/', 'What are the chances DMX plays Go To Sleep?', 'hw5k5p'], ['u/BookerTeet', 135, '2020-07-23 03:14', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxnmp1/', 'Dmx - “usually when I performed that song my shirt would come off but it ain’t coming off today. You see the situation”\n\nSnoop - “lmf... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following on from a 1.65% rally on Wednesday, Bitcoin ended the day at $9,615.0. It was a bearish first half of the day. Bitcoin fell to an early afternoon intraday low $9,475.0 before making a move. Steering clear of the first major support level at $9,361, Bitcoin rallied to a late afternoon intraday high $9,685.4. Bitcoin came within range of the first major resistance level at $9,698.4 before falling back to sub-$9,600 levels. Finding late support, however, Bitcoin moved back through to $9,600 levels to deliver the upside on the day. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin and Ethereum rallied by 3.64% and by 4.31% respectively to lead the way. Bitcoin Cash SV (+0.02%), Cardano’s ADA (+0.38%), Monero’s XMR (+2.54%), Ripple’s XRP (+2.30%), Stellar’s Lumen (+0.88%), and Tezos (+2.54%) also found support. Bitcoin Cash ABC (-0.48%), EOS (-0.43%), Litecoin (-0.18%), and Tron’s TRX (-0.48%) bucked the trend on the day. In the current week, the crypto total market cap fell to a Monday low $262.70bn before rising to a Thursday high $286.03bn. At the time of writing, the total market cap stood at $281.11n. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Thursday low 62.47. At the time of writing, Bitcoin’s dominance stood at 62.93%. This Morning At the time of writing, Bitcoin was down by 0.24% to $9,592.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,615.5 to a low $9,585.7. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. At the time of writing, Binance Coin was up by 0.04% to buck the trend. Story continues It was a bearish start for the rest of the majors, with Tezos down by 1.36% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $9,592 pivot to support a run at the first major resistance level at $9,709. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,685.4. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,802.2 before any pullback. Failure to avoid a fall back through the $9,592 pivot level would bring the first major support level at $9,500 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of sub-$9,300 levels. The second major resistance level at $9,381.4 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Pull Back US Stocks Market Overview – Stocks Drop Led Down by Technology Twitter Q2 Revenue Falls 19% But Daily Monetizable Users Jump to Record 186 Million; Target Price $43 Oil Tries To Stay Above The Key Support Level At $41.50 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strong Over 10909.75, Weak Under 10708.25 European Equities: Private Sector PMIs and Geopolitics in Focus', 'Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following on from a 1.65% rally on Wednesday, Bitcoin ended the day at $9,615.0.\nIt was a bearish first half of the day. Bitcoin fell to an early afternoon intraday low $9,475.0 before making a move.\nSteering clear of the first major support level at $9,361, Bitcoin rallied to a late afternoon intraday high $9,685.4.\nBitcoin came within range of the first major resistance level at $9,698.4 before falling back to sub-$9,600 levels.\nFinding late support, however, Bitcoin moved back through to $9,600 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBinance Coin and Ethereum rallied by 3.64% and by 4.31% respectively to lead the way.\nBitcoin Cash SV (+0.02%), Cardano’s ADA (+0.38%), Monero’s XMR (+2.54%), Ripple’s XRP (+2.30%), Stellar’s Lumen (+0.88%), and Tezos (+2.54%) also found support.\nBitcoin Cash ABC (-0.48%), EOS (-0.43%), Litecoin (-0.18%), and Tron’s TRX (-0.48%) bucked the trend on the day.\nIn the current week, the crypto total market cap fell to a Monday low $262.70bn before rising to a Thursday high $286.03bn. At the time of writing, the total market cap stood at $281.11n.\nBitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Thursday low 62.47. At the time of writing, Bitcoin’s dominance stood at 62.93%.\nAt the time of writing, Bitcoin was down by 0.24% to $9,592.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,615.5 to a low $9,585.7.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was another mixed start to the day. At the time of writing, Binance Coin was up by 0.04% to buck the trend.\nIt was a bearish start for the rest of the majors, with Tezos down by 1.36% to lead the way down.\nBitcoin would need to avoid a fall back through the $9,592 pivot to support a run at the first major resistance level at $9,709.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,685.4.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,802.2 before any pullback.\nFailure to avoid a fall back through the $9,592 pivot level would bring the first major support level at $9,500 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer well clear of sub-$9,300 levels. The second major resistance level at $9,381.4 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Markets Pull Back\n• US Stocks Market Overview – Stocks Drop Led Down by Technology\n• Twitter Q2 Revenue Falls 19% But Daily Monetizable Users Jump to Record 186 Million; Target Price $43\n• Oil Tries To Stay Above The Key Support Level At $41.50\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strong Over 10909.75, Weak Under 10708.25\n• European Equities: Private Sector PMIs and Geopolitics in Focus', 'Apple Inc.(NASDAQ:AAPL) is\xa0reportedly delaying the annual fall event, where it\'s widely expected to launch 5G compatible\xa0iPhones,\xa0to late October or November.\nWhat Happened:The new iPhone 12 series, equipped with 5G wireless technology, is delayed due to manufacturing delays related to the novel coronavirus (COVID-19) pandemic, Fox Businessreported, citing areportfrom Japanese publication Mac Otakara.\nApple is expected to launch four varients of the iPhone 12.\xa0 According to Mac Otakara, the\xa0LTE \u200cmodels will be released first in October, followed by 5G models in November.\nWhy It Matters:Apple was previously reported to be pushing its suppliers to speed up production in order to avoid a delay in the launch of the new iPhone models. MacRumors noted the company may still chose to unveil the series in September, but delay the actual launch to November.\nWedbush analyst Daniel Ives said last month that a " major 5G cycle\xa0was on the horizon" for Apple, with 350 million devices in an upgrade window.\xa0According to Ives, the Cupertino-based company\xa0is likely to keep to the schedule, and launch the iPhones ahead of the holiday season in October.\nPrice Action\nApple shares closed 4.5% lower at $371.38 on Thursday. The shares traded about 0.3% higher\xa0in the after-hours session.\nSee more from Benzinga\n• Apple\'s Steve Wozniak Sues YouTube Alleging Inaction On Bitcoin Fraud\n• Comcast\'s Peacock Streaming Service Saw 1.5M App Downloads In 6 Days Of Launch: Report\n• Tesla Cybertruck And SpaceX Starship To Use A New Alloy, Musk Reveals\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Alphabet Inc\x92s (NASDAQ: GOOGL ) (NASDAQ: GOOG ) video streaming service YouTube filed a motion this week to dismiss a lawsuit brought on by blockchain startup Ripple and its CEO Brad Garlinghouse, the Block reported . What Happened The San Francisco-based startup and Garlinghouse had sued YouTube in April, complaining that the platform didn\'t stop scammers from posting videos related to a cryptocurrency giveaway scam that used the Ripple CEO\x92s likeness. YouTube is citing Section 230 of the U.S. Communication Decency Act, which gives social media platforms immunity against content posted by third parties, the Block noted. The Alphabet subsidiary, in its motion to dismiss, said it didn\'t\xa0"orchestrate or participate in that scam, and after being notified about fraudulent content posted by the hijacked accounts, YouTube removed it.\x94 President Donald Trump had signed an executive order in May,\xa0targetting\xa0social media networking, with regards to content posted on the platforms, after entering into a spat with Twitter over the moderation of his tweets. Why It Matters Apple Inc. (NASDAQ: AAPL )\xa0co-founder Steve Wozniak, along with 17 others, also sued the Alphabet run streaming website for similar reasons\xa0on Wednesday. The lawsuit claimed Microsoft Corporation (NASDAQ: MSFT ) co-founder Bill Gates and Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk\x92s likeness had\xa0also been used by cryptocurrency scammers to defraud YouTube\'s audience. Musk, Gates, and other high-profile users were also targetted in a similar cryptocurrency giveaway scam on Twitter Inc\x92s (NYSE: TWTR ) platform last week, except this time, their personal veri Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $175,307,524,616 - Hash Rate: 138825759.064961 - Transaction Count: 369432.0 - Unique Addresses: 740460.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Australians can now pay for their bitcoin at outlets of one of the country’s oldest organizations, its postal service. In a collaborative effort between Australia Post and Bitcoin.com.au, customers will now be able to use the Post Billpay feature to purchase bitcoin and other cryptocurrencies at over 3,500 post office shops across the country. AusPost confirmed the news to CoinDesk via email on Friday. Related: The postal service will accept cash and card payments for digital currency purchases made via Bitcoin.com.au, a cryptocurrency exchange based in Cremorne, Victoria. See also: Kraken Launches Crypto Exchange Service in Australia “This is a major milestone for digital currency in Australia and around the world. It proves that there are established businesses and organizations that want to learn about new technologies by doing, and not by blocking,” said the exchange’s CEO, Holger Arians. Australia Post, formerly Postmaster’s General Department, is one of the country’s longest-running organizations, established as a private entity in 1809 with former convict Issac Nichols appointed as its first postmaster. Related: Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K “Australia Post has for a long time played an important role in the community to make services accessible to all,” said Susan Nicholson, AusPost’s head of business and government financial services. “Post Billpay has been one of Australia’s most trusted bill payment methods for over 20 years, and we’re pleased to now provide the ability for bitcoin bills to be paid at a post office, which will come with a product enhancement that offers ID verification and real-time bill payment confirmation back to the biller.” See also: Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto According to the Australian Taxation Office, between 500,000 and 1 million residents of the country already own crypto assets. Bitcoin.com.au said it hopes to increase that number via its new collaboration. “Our mission is to make bitcoin safe and easy for every Australian”, Arians added. “For many people, paying for bitcoin at an Australia Post office feels safer than transferring funds online – particularly for first-time buyers.” Related Stories Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets View comments... - Reddit Posts (Sample): [['u/[deleted]', 'NANO is better than BTC but is never going to be appreciated.', 31, '2020-07-24 05:27', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/', "This is the end of the line guys. I'm not fudding and I love this project, but there is no more room for denial.\n\nIts sinking fast, there are no more huge milestones, the dev fund is about to run out, a lawsuit is around the corner, and we are going to drop out of the top 100 soon.\n\nSometimes you do everything right and it still doesn't work out. This is one of those times.\n\nI'm sure if you have very little money in nano you'd prefer to sink with the ship, but for anyone else, its time to move on.\n\nI'd bet my life this coin will never see over $5 again. \n\nDown vote if you must, but with the current evolution of the industry, this will be a giant that failed to get its legs. \n\nSold and am happy that I did. Feels liberating to know I'm not deluding myself anymore. Plenty of more lucrative projects to invest in guys.", 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/', 'hwucqy', [['u/dontlikecomputers', 29, '2020-07-24 06:18', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz239w6/', "It's OK to feel that way if you just look at what you can sell it for right now. I think if you look to the Bitcoin whitepapers introduction, you will see the main reason Bitcoin was invented, its competitive advantage, was for low cost transactions.\n\n.......the inherent weaknesses of the trust based model.\nCompletely non-reversible transactions are not really possible, since financial institutions cannot\navoid mediating disputes. The cost of mediation increases transaction costs, limiting the\nminimum practical transaction size and cutting off the possibility for small casual transactions,\nand there is a broader cost in the loss of ability to make non-reversible payments for nonreversible services. With the possibility of reversal, the need for trust spreads. Merchants must\nbe wary of their customers, hassling them for more information than they would otherwise need.\nA certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties\ncan be avoided in person by using physical currency, but no mechanism exists to make payments\nover a communications channel without a trusted party.\n\n\n Bitcoin solved that problem, for a few years. Bitcoin is no longer competitive based on fundamentals. Like Gold, it will remain as a legacy asset but will not flourish. Nano solves the problem permanently. I don't like leaving money on the table when I transact, so I will continue to support nano while it works, and is the easiest way to pay on the internet.", 'hwucqy'], ['u/datalossy', 56, '2020-07-24 06:21', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz23k85/', 'alright boys, he sold. commence 3 year bull market pumpage', 'hwucqy'], ['u/bovine_blue', 10, '2020-07-24 08:20', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2db1e/', "Suicide booths according to this comment\n\n>I'd bet my life this coin will never see over $5 again.", 'hwucqy'], ['u/1MightBeAPenguin', 15, '2020-07-24 10:46', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2mnx8/', "I'm not a strong Nano supporter, nor am I a frequent browser of this sub, but I don't think you should get discouraged too quickly...\n\nWhenever I think about a crypto potentially going towards $0, I remind myself of a few things. The first of these being that crypto adoption will always increase (as more people get to join the ecosystem and learn more about how Bitcoin and other cryptocurrencies work). Though these effects may not be seen in the short term, they will be seen in the long term. The second thing I see with Nano is that the more the community grows, the more people are involved in the project, and the more the growth potential.\n\nDon't be discouraged because of price action, or the fact that the project may seem dead now. That can and will change in the future. I personally think that Nano has a lot going for it, and it's just a matter of a waiting game. Since demand for cryptocurrencies in general will increase, Bitcoin will face more transaction activity, causing congestion within the network. Eventually, Core will have to hard-fork, but they're likely not to, giving a great opportunity to something like Nano.\n\nI guess what I'm saying is don't lose faith yet. There's still time... :)", 'hwucqy'], ['u/twatgoblin', 11, '2020-07-24 13:16', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2vxly/', 'You’re responding to a (shitty) bot', 'hwucqy'], ['u/Qwahzi', 22, '2020-07-24 14:54', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz33pt9/', "Bitcoin has died 381 times:\n\nhttps://99bitcoins.com/bitcoin-obituaries/\n\nEvery time Bitcoin fees skyrocket, a few more people find Nano. It's good that you did your research and sold, but I'm going down with the ship. Having zero fee, near instant transactions is always useful, even if it remains a niche", 'hwucqy'], ['u/Qwahzi', 10, '2020-07-24 14:56', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz33uis/', 'I think Penguin is saying that BTC will not raise the block size, meaning that Bitcoin fees will increase over time, driving more people to Nano', 'hwucqy']]], ['u/AutoModerator', '[Daily Discussion] Friday, July 24, 2020', 41, '2020-07-24 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/', 'hwuwr3', [['u/Richyboy33', 19, '2020-07-24 08:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2fig6/', "Well I'm back, from another ban - this time 14days, for calling someone out who called me a retard. Classic.\n\nOriginal Prediction from March - [https://www.tradingview.com/i/XWh8Wbnx/](https://www.tradingview.com/i/XWh8Wbnx/)\n\nAs of Last Month - [https://www.tradingview.com/i/dAH5KXzK/](https://www.tradingview.com/i/dAH5KXzK/)\n\nCurrent Situation - [https://www.tradingview.com/i/gdCOrggd/](https://www.tradingview.com/i/gdCOrggd/)\n\nChart wise as you can see we failed multiple times to breakthrough the old rising wedge support turned resistance line. We then formed a tight sym triangle before having our recent break up.\n\nOnce again of course we're being rejected by the ATH resistance line. This shouldn't come as a surprise to anyone at this point. Would imagine that should we close the daily below the 9450 region, then we'll be heading back down to try and find support on the daily 20EMA - the 9300 area.\n\nTo the upside I would love to see us close a daily above 9800 and then have the next daily tick higher, that happens i'd be very confident of a push to 10k and then the final big push to 10,500. Which at the moment, is the biggest hurdle Bitcoin has.\n\nFor now though nothing changes at all really. We all got excited with this move due to the extremely low volatility of recent weeks but in reality, until we get back into the 9800 area and close there then none of this is really much to speak of.\n\nI personally don't think we'll be breaking up at the moment though. Can see us coiling up over the coming weeks long into August until we either break up or down. The break up certainly is the more likely but and it's a big but, the economic situation coupled with the likelihood of a strong second wave of the Coronavirus could quite easily give us another crash back down.\n\nJust don't be too surprised to see us go down from here, we could easily fall to the green support line around 9150 and still be healthy. I don't think many people in here would be healthy from it considering that all I'm seeing are predictions of new ATHs within a month.", 'hwuwr3'], ['u/BullRun03', 10, '2020-07-24 09:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2hhei/', "I give it 3-4 posts this time. You can't contain yourself.", 'hwuwr3'], ['u/ILikeToSayHi', 18, '2020-07-24 10:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2lorr/', 'Thanks for the valuable input', 'hwuwr3'], ['u/hypn0t04d', 12, '2020-07-24 13:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2y90x/', '... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.58% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $9,559.1. It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse. Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+2.24%), Ethereum (+1.46%), and Tron’s TRX (+0.16%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Tezos slid by 5.00% to lead the way down. Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripple’s XRP (-2.07%), and Stellar’s Lumen (-2.98%) also struggled. Bitcoin Cash ABC (-0.55%), Cardano’s ADA (-1.78%), Litecoin (-1.82%), and Monero’s XMR (-1.74%) saw relatively modest losses. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoin’s dominance stood at 62.76%. This Morning At the time of writing, Bitcoin was up by 0.10% to $9,568.6. A bullish start to the day saw Bitcoin rise from an early morning low $9,559.0 to a high $9,572.5 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.22%), Bitcoin Cash SV (-0.19%), and Monero’s XMR (-0.04%) saw red to buck the trend early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,558 pivot to support a run at the first major resistance level at $9,646. Support from the broader market would be needed, however, for Bitcoin to break back through to $9,600 levels. Barring an extended crypto rally, the first major resistance level and Friday high $9,644 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,732 before any pullback. Failure to avoid a fall through the $9,558 pivot level would bring the first major support level at $9,471 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,383. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Makets Continue to Show Strength S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention Gold Price Prediction – Prices Rise and are Poised to Test All-time Highs U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data Silver Price Forecast – Silver Markets Continue to Look Overbought Silver Weekly Price Forecast – Silver Markets Continue to Show Strength After Major Breakout', 'Bitcoin, BTC to USD, fell by 0.58% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $9,559.1. It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse. Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+2.24%), Ethereum (+1.46%), and Tron’s TRX (+0.16%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Tezos slid by 5.00% to lead the way down. Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripple’s XRP (-2.07%), and Stellar’s Lumen (-2.98%) also struggled. Bitcoin Cash ABC (-0.55%), Cardano’s ADA (-1.78%), Litecoin (-1.82%), and Monero’s XMR (-1.74%) saw relatively modest losses. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoin’s dominance stood at 62.76%. This Morning At the time of writing, Bitcoin was up by 0.10% to $9,568.6. A bullish start to the day saw Bitcoin rise from an early morning low $9,559.0 to a high $9,572.5 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.22%), Bitcoin Cash SV (-0.19%), and Monero’s XMR (-0.04%) saw red to buck the trend early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,558 pivot to support a run at the first major resistance level at $9,646. Support from the broader market would be needed, however, for Bitcoin to break back through to $9,600 levels. Barring an extended crypto rally, the first major resistance level and Friday high $9,644 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,732 before any pullback. Failure to avoid a fall through the $9,558 pivot level would bring the first major support level at $9,471 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,383. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Makets Continue to Show Strength S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention Gold Price Prediction – Prices Rise and are Poised to Test All-time Highs U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data Silver Price Forecast – Silver Markets Continue to Look Overbought Silver Weekly Price Forecast – Silver Markets Continue to Show Strength After Major Breakout', 'SHANGHAI, CHINA / ACCESSWIRE / July 24, 2020 /Skycoin automatically generates a parallel currency called Coin Hours (SCH) at the rate of one Coin Hour generated per hour, per Skycoin. While Skycoin has been tradable on major exchanges for many years, XBTS represents the first time Coin Hours have been made available to trade on an exchange as a separate and distinct crypto asset.\nSkycoin is a deflationary currency, with a total supply ultimately capped at 100 million coins. Coin Hours, on the other hand, were designed to be an inflationary currency with inbuilt deflationary control mechanisms, encouraging users to spend and trade Coin Hours instead of Skycoin. As the Skycoin project continues to refine Skywire - Skycoin\'s groundbreaking decentralized and encrypted global mesh network - Coin Hours are set to become the currency with which to purchase bandwidth, storage, and other services on the Skywire network.\nIntroduction to Coin Hours:\nIn short, Coin Hours are:\n1. A commodity currency backed by the digital asset of bandwidth on the Skywire meshnet.\n2. The basis of the first bandwidth market in history.\n3. A form of interest on your investment in Skycoin.\n4. A way to keep your transactions free so you don\'t have to spend $SKY to use it.\n5. An anti-spam mechanism which prevents people from attacking the network with many tiny transactions.\n6. A way to effectively prevent institutions from issuing paper $SKY derivatives as they do for gold, silver, etc., and are now doing for certain cryptocurrencies.\nDecentralized cryptocurrency exchange XBTS is set to offer its users the ability to buy, sell, and earn Coin Hours on its DEX beginning July 29, 12:00 UTC.\nXBTS DEX is a BitShares-based decentralized exchange, which means that Coin Hours will have 45 trading pairs the moment it is listed.\nDeposit Coin Hours on XBTS:\n• Register for a free trading account athttps://xbts.io\n• In the deposit section, you will receive a single address to deposit SKY and SCH.\n• Send Skycoin (from 0.001) and the desired number of Coin Hours. (Minimum deposit: 1000 SCH.)\n• Note that there is a deposit/withdrawal fee of 5% SCH.\n• The two assets (SKY and SCH) are immediately credited to your XBTS exchange balance.\n• You may start trading SCH or SKY to any of 45 available trading pairs!\nWithdraw Coin Hours on XBTS:\n• Select SCH or SKY.\n• Indicate the address to which you wish to withdraw.\n• Note that 10% of the SCH are burned as per the current Skycoin transaction burn rate. SKY has no fee for withdrawal.\n• If you are withdrawing only SCH, then 0.001 SKY + the specified number of SCH is sent minus the commission.\n• SKY / SCH are sent in Skycoin\'s native Fiber blockchain to the user\'s wallet\n• Minimum withdrawal: 1000 SCH.\nMedia who wish to schedule interviews may reach out to:[email protected]\nAbout Skycoin:\nSkycoin is bringing people what they want: a truly decentralized network without any central authority. Founded in 2011 by early developers of Bitcoin and Ethereum, Skycoin quickly grew 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: 2020-07-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $175,307,524,616 - Hash Rate: 122442594.951705 - Transaction Count: 293883.0 - Unique Addresses: 619497.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: There is unfortunately a lack of meaningful price action to report on in terms of XRP’s chart this week, with it continuing to stagnate around the $0.20 mark. It has now remained in a tight range since May 9 when it slumped to a low of $0.175 before bouncing back to the upside. The lack of movement in price is reiterated by a relative lack of trade volume across all major exchanges, with just $1.05 billion being traded over the past 24-hours compared to May’s daily high of more than $3 billion. Levels of support and resistance remain the same for XRP, with $0.2279 remaining a key point of resistance to the upside while $0.183 should prop price up in the event of a sell-off. However, undoubtedly the most important indicator to keep an eye on is the daily 200 moving average, which is now residing at $0.2137. XRP has traded above the daily 200MA for just three weeks out of the past 12 months as it continues its seemingly never-ending downtrend, which means a break above this level could indicate a long-awaited bullish reversal. If a breakout can be achieved XRP is expected to reach upside price targets of both $0.296 and $0.347, the latter of which is important as it remains the yearly high. From a macro perspective breaking above the yearly high would form a higher lower for the first time in more than one year, which could bring around higher targets of up to $0.50 For more news, guides and cryptocurrency analysis, click here . Latest Ripple price Current live XRP price information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Ripple price. Pricing is also available in a range of different currency equivalents: US Dollar – XRPtoUSD British Pound Sterling – XRPtoGBP Japanese Yen – XRPtoJPY Euro – XRPtoEUR Australian Dollar – XRPtoAUD Russian Rouble – XRPtoRUB Bitcoin – XRPtoBTC About Ripple (XRP) Ripple is a real-time gross settlement system (RTGS) developed by the Ripple company. It is also referred to as the Ripple Transaction Protocol (RTXP) or Ripple protocol. It can trace its roots to 2004 when a web developer called Ryan Fugger had the idea to create a monetary system that was decentralised and could effectively allow individuals to create their own money. Story continues Ripple is one of the largest cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalisation. More Ripple news and information If you want to find out more information about Ripple or cryptocurrencies in general, then use the search box at the top of this page. Here’s a recent article to get you started: https://coinrivet.com/ripple-ceo-brad-garlinghouse-hits-back-at-critics-xrp-is-not-a-security/ As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.... - Reddit Posts (Sample): [['u/Sploinksy', 'Is the hideout even worth upgrading anymore?', 31, '2020-07-25 00:11', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/', 'I remember last wipe, I was farming bitcoins and getting almost 150k from each, while using the empty fuel cans to craft mag boxes making really good profit from those. And then I would craft moonshine and sell that for profit. Now it seems the hideout was very badly nerfed. Bitcoins only give you around 100k, and if you have 2 empty fuel cans and buy the rest of the items needed to craft mag boxes, you end up losing money. Making moonshine loses you money as well. Buying 2 sugar and 1 super water costs more than what you will make from selling the moonshine, by quite a bit when you factor in the fee from flea market. So even if you find the items in raid to craft these things in the hideout, you will make more money if you just sold them instead of wasting fuel and time to craft these items. And then it seems like the scav case was nerfed too, because I rarely make my money back unless I use the 7,000 rub option. I have lost heaps of cash using all the other ones. I think it was a big waste of money to max out my hideout. The only benefit I have really gotten out of it is being able to craft some rare quest items, like the virtex and transmitter, but even then it takes like 2-3 days to craft and costs a lot of money. I really hope they make some adjustments to the hideout because right now it isn’t making you any real profits. It’s just a giant money sink.', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/', 'hxb5lv', [['u/thrashV_TTV', 10, '2020-07-25 00:13', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz4z0ce/', "What if they don't intend for the hideout to print money?", 'hxb5lv'], ['u/desubot1', 20, '2020-07-25 00:28', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz50n4f/', 'scav timer, flea market discounts, faster insurance, health food and water restoration, moonshine, converting garbage into better garbage, crafting expensive ammo, quest items, scav boxs for those sweet potential streamer items. intelligence bonuses with the library, physical exp bonus if you are into that late game perks.\n\nyeah absolutely no reason.', 'hxb5lv'], ['u/RHYM3NOC3RROS', 51, '2020-07-25 01:06', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz54ut4/', 'Due to the FiR flea market, the hideout gives a unique opportunity to craft your non-FiR items into FiR and then sell them.\n\n\nFor instance, if you shove a couple sugars in your secure container and die. You can either sell them to Therapist (2,093) or use them in a moonshine craft, realizing their value of somewhere between 60,000-70,000. \n\n\n\nAdditionally, if you shove a graphics card in your secure container and die, it is still super valuable for your bitcoin farm! \n\n\n\nAt the end of the day, what makes the game more fun for you? It’s all about having fun and enjoying. I loved being able to craft a decent chunk of quest items instead of trying to find them all (ie flash drives).', 'hxb5lv'], ['u/Sploinksy', 10, '2020-07-25 01:55', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz5a7hq/', 'I understand this, but my point is that the rewards just don’t seem worth the cost. The med station level 3 requires a ledx, which is over 2m rubles. What rewards do you get from that? How long will the slivers of profits take to pay that back? Maxing out the bitcoin farm costs a lot of money, and buying 50 GPU’s will cost around 18 million rubles. When you factor in fuel cost, how long will it take to pay that back? By the time it pays itself off the game will wipe. It just doesn’t make sense to do it.', 'hxb5lv']]], ['u/PopuleuxMusicYT', 'If you can mine 1 BTC ~10-20 min does that mean im making 1 BTC every 10-20min? Wouldnt this be to overpowered', 35, '2020-07-25 02:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/', 'Wouldn’t the system fail if I could earn $9,000+ every 10 min or is there hidden costs (like electricity? Idk)', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/', 'hxdmm2', [['u/bitusher', 13, '2020-07-25 02:59', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5gvof/', 'A large portion of the costs in proof of work is electricity , followed by equipment and other overhead from employees/rent/security\n\nThis means miners are forced to distribute/sell most of the BTC they mine and only keep a small profit for their efforts \n\nThe block target is 10 minutes where total block reward is 6.25 BTC + fees ranging from ~0.3 to 1 BTC per block\n\nMining difficulty adjusts dynamically up and down making sure efficient miners remain profitable', 'hxdmm2'], ['u/bitusher', 10, '2020-07-25 03:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5h9do/', 'I just said its more akin to 6.5 to 7 BTC per block when you include fees , every ~10 minutes. Of course blocks are usually found with pools where many independent miners contribute effort so those BTC are split between many miners weighted upon their contributions to the pool during that interval', 'hxdmm2'], ['u/Frednn', 99, '2020-07-25 03:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5ifor/', 'Every 10 minutes a new block is mined. The reward for every new block right now is 6.25 BTC ( plus the transaction fees)\n\nTo be able to mine 1 BTC every 10 minutes ( 144 BTC / day) , means you should be able to calculate around 22,000,000 Tera hashes per second, or 22,000 peta hashes per second.\n\n\nThat translates to roughly 200,000 antminer S19 units. Each costing at around 2,000 usd. Which is about 400,000,000 usd in mining hardware alone.\n\nDon\'t forget electricity ! Each unit consumes around 3250 Watts of power just to operate. Running such a huge scale farms needs about 650 MWh of energy !!!\n\n\nSoooo ... Yeah.\n\nNo single person is mining 1 BTC every 10 minutes. Mining Bitcoin is hard. It\'s deliberately that way to make it a scarce asset. \n\n\nPeople nowadays gather around in virtual groups called " mining pools " , and combine their computational power to mine a block. Then they share the reward among pool members based on computational power each member provides.\n\n\nPs . Numbers calculations might be off a bit. I didn\'t double check them, but you get what i wanted to say.', 'hxdmm2'], ['u/PopuleuxMusicYT', 11, '2020-07-25 03:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5ikg1/', 'Ok thanks', 'hxdmm2'], ['u/tlztlz', 15, '2020-07-25 11:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz6klhs/', 'Good answer', 'hxdmm2']]], ['u/[deleted]', 'First time using bitcoin', 19, '2020-07-25 05:38', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/', 'Hi there ✌️ my name is Victor and im a graphic designer. Recently i accepted a freelance work and received in Bitcoins. Never ever use or even think about using, i dont know nothing about It haha. Now i have 50$ in btc and was thinking what i can do with this. Tips?', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/', 'hxg1uw', [['u/Egon_1', 14, '2020-07-25 05:52', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/fz5xtub/', 'You can buy gift cards from different brands: https://giftcards.bitcoin.com/giftcards', 'hxg1uw'], ['u/Remora_101', 11, '2020-07-25 11:17', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/fz6k60m/', 'To clarify, this is not a BCH forum. It is a bitcoin forum. But since r/bitcoin is heavily censored. BCH folk aggregate here.', 'hxg1uw']]], ['u/AutoModerator', '[Daily Discussion] Saturday, July 25, 2020', 40, '2020-07-25 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/', 'hxgevp', [['u/_TROLL', 45, '2020-07-25 06:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/fz605qi/', "Oompah Loompah Doopity Doo\n\nGold's price is rising, silver is too\n\nOompah Loompah Doopity Dee\n\nBitcoin is ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.63% on Saturday. Reversing a 0.58% loss from Friday, Bitcoin ended the day at $9,714.9. It was bullish day, with Bitcoin rallying from an early morning intraday low $9,555.5 to a late intraday high $9,754.5. Bitcoin broke through the first major resistance level at $9,645.5 and second major resistance level at $9,731.9 before easing back. A late pullback saw Bitcoin fall back to sub-$9,700 levels before wrapping up the day at $9,700 levels. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Cardano’s ADA rallied by 17.76% to lead the way. Bitcoin Cash ABC (+6.00%), Bitcoin Cash SV (+7.59%), Ethereum (+9.30%), and Litecoin (+11.43%) also made strong gains. Binance Coin (+3.38%), EOS (+4.99%), Monero’s XMR (+2.55%), Ripple’s XRP (+5.23%), Stellar’s Lumen (+4.71%), Tezos (+0.89%), and Tron’s TRX (+3.98%) trailed the front runners. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Saturday high $291.48bn. At the time of writing, the total market cap stood at $287.68bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Saturday low 61.70%. At the time of writing, Bitcoin’s dominance stood at 62.07%. This Morning At the time of writing, Bitcoin was down by 0.19% to $9,696.5. A mixed start to the day saw Bitcoin rise to an early morning high $9,722.8 before falling to a low $9,690.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.92%) and Bitcoin Cash SV (+0.33%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues Stellar’s Lumen was down by 1.35% to lead the way down early on. https://www.tradingview.com/x/ztgae3yU/ For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,675 pivot to support a run at the first major resistance level at $9,794. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $9,754.5. Barring another extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,874 and resistance at $10,000. The third major resistance level sits at $10,073. Failure to avoid a fall through the $9,675 pivot level would bring the first major support level at $9,595 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,476. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Update – Trader Reaction to $41.24 Pivot Sets the Short-Term Tone U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data E-mini S&P 500 Index (ES) Futures Technical Analysis – Confirmed Reversal Top Shifts Momentum to Downside Crude Oil Price Forecast – Crude Oil Markets Slump Into Weekend US Stock Market Overview – Stocks Drop Ahead Large Tech Earnings S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention', 'Bitcoin, BTC to USD, rose by 1.63% on Saturday. Reversing a 0.58% loss from Friday, Bitcoin ended the day at $9,714.9.\nIt was bullish day, with Bitcoin rallying from an early morning intraday low $9,555.5 to a late intraday high $9,754.5.\nBitcoin broke through the first major resistance level at $9,645.5 and second major resistance level at $9,731.9 before easing back.\nA late pullback saw Bitcoin fall back to sub-$9,700 levels before wrapping up the day at $9,700 levels.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nCardano’s ADA rallied by 17.76% to lead the way.\nBitcoin Cash ABC (+6.00%), Bitcoin Cash SV (+7.59%), Ethereum (+9.30%), and Litecoin (+11.43%) also made strong gains.\nBinance Coin (+3.38%), EOS (+4.99%), Monero’s XMR (+2.55%), Ripple’s XRP (+5.23%), Stellar’s Lumen (+4.71%), Tezos (+0.89%), and Tron’s TRX (+3.98%) trailed the front runners.\nIn the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Saturday high $291.48bn. At the time of writing, the total market cap stood at $287.68bn.\nBitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Saturday low 61.70%. At the time of writing, Bitcoin’s dominance stood at 62.07%.\nAt the time of writing, Bitcoin was down by 0.19% to $9,696.5. A mixed start to the day saw Bitcoin rise to an early morning high $9,722.8 before falling to a low $9,690.4.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nAt the time of writing, Bitcoin Cash ABC (+0.92%) and Bitcoin Cash SV (+0.33%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, however.\nStellar’s Lumen was down by 1.35% to lead the way down early on.\nhttps://www.tradingview.com/x/ztgae3yU/\nFor the Bitcoin Day Ahead\nBitcoin would need to avoid a fall through the $9,675 pivot to support a run at the first major resistance level at $9,794.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $9,754.5.\nBarring another extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,874 and resistance at $10,000. The third major resistance level sits at $10,073.\nFailure to avoid a fall through the $9,675 pivot level would bring the first major support level at $9,595 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,476.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Update – Trader Reaction to $41.24 Pivot Sets the Short-Term Tone\n• U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Confirmed Reversal Top Shifts Momentum to Downside\n• Crude Oil Price Forecast – Crude Oil Markets Slump Into Weekend\n• US Stock Market Overview – Stocks Drop Ahead Large Tech Earnings\n• S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention', 'The Organization for Economic Co-operation and Development (OECD) said that the UK’s economy is going to plunge by 11.5% throughout this year. Still, it could get worse if there were a second wave of COVID-19 infections. If this were to happen, the economy could compress further in the months to come leading to 2021. Given the concerning projections, chancellor Rishi Sunak rolled out a new plan that is set to jump-start the economy by supporting jobs and businesses. The idea behind the fresh measures is to ensure that the “economic recovery is as strong and as swift as possible.” The plan provides a clear path around protecting, supporting, and creating new jobs to boost the confidence of employers. But it fails to address how it will improve the day-to-day lives of the British people. In fact, there are no mentions regarding funding for public schools, transportation, and cultural amenities, such as museums, galleries, public parks, and others. With lockdown measures easing in the UK, investors are growing hopeful about a further economic recovery. This sense of optimism was barely interrupted on Monday, July 13th, after the governor of the Bank of England Andrew Bailey said to be “very worried” about jobs across the nation. Following the banker’s speech, the Pound crashed by 1.47% to hit a low of $1.248 on July 14th, but investors’ confidence did not fade away. The GBP/USD exchange rate has been able to recover since then surging over 1.70% to trade at $1.272 as of July 23rd. While Sterling seems to have more room to go up, there is a massive resistance barrier sitting ahead of it. The Pound must break through $1.275 to retest June 10th high of $1.281 or even reach the next hurdle at $1.301. Given the uncertainty around Britain’s economy, investors might be able to hedge against potential risks with Bitcoin . The flagship cryptocurrency recently moved past the $9,400 resistance wall and made a higher high for the first time since June. If the buying pressure behind BTC continues to rise, it would likely take another shot at the infamous $10,000 hurdle. Moving past this area of resistance increases the odds for new yearly highs. Story continues Everything will depend on Bitcoin’s ability to stay above the $8,900 support level. Expectations Grow Around the Pound Sterling was able to recover strongly following March’s market meltdown. The new fiscal stimulus recently announced and hopes for a vaccine against COVID-19 also seems to have helped propel the Pound higher. While the risks of Brexit talks and rising tensions with China are still relevant, GBP might be able to weather the storm against the US dollar. Given the current economic outlook with the Federal Reserve adding more liquidity into the market, traders must watch out for the $1.275 resistance level since it may allow the Pound to advance further. If sell orders begin to pile up, however, Sterling might retrace to $1.253. Under such circumstances, the two crucial price hurdles ahead of the Pound are the $1.275 resistance and the $1.266 support level. Moving above or below these critical price levels will determine where the GBP/USD exchange rate is headed next. For a look at all of today’s economic even Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $183,185,966,594 - Hash Rate: 136238943.678657 - Transaction Count: 298580.0 - Unique Addresses: 608050.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: CoinDesk columnist Nic Carter is a partner at Castle Island Ventures, a venture fund based in Cambridge, Mass., that focuses on public blockchains. He is also the co-founder of Coin Metrics, a blockchain analytics startup. Recently, two staffers at the New York branch of the Federal Reserve published a short tract provocatively entitled “ Bitcoin Is Not a New Type of Money .” As someone who has used bitcoin for payments, savings and a means of wealth transfer for the last half decade, this was news to me. I was curious to find out what I had been using this whole time, if not money. In the article, the authors, Michael Lee and Antoine Martin, first distinguish money versus the mechanism of exchange. No complaints there: Venmo isn’t money, it’s a means of moving money around. Same for SWIFT and Fedwire and PayPal and so on. The dollars circulating within those systems constitute the money. Then the paper gets into more tendentious territory, somewhat brusquely dividing money into “fiat money, asset-backed money, and claim-backed money.” Related: DeFi Protocols Should Act More Like Fiduciaries See also: New York Fed’s ‘Bitcoin Is Just Another Fiat’ Claim Sparks Controversy Fiat money, they tell us, “corresponds to intrinsically worthless objects that have value based on the belief that they will be accepted in exchange for valued goods and services.” They explain that Federal Reserve notes suit this definition, as do Rai stones , Ithaca HOURs (a time-based local currency in New York) and Bitcoin. The authors also claim that gold coins sit in the “asset-backed money” category. Assets in this category “derive their value, at least in part, from the assets backing the money.” Gold coins are valuable “because it is possible to melt a coin and find someone who would like to use the metal for another purpose.” If you are confused at this point, I don’t blame you. The authors seem to mischaracterize not only bitcoin, gold, and Rai stones, but they also rely on an ersatz definition of “fiat money” that is well outside the mainstream. Story continues Related: The Tokenization Revolution Starts With Gold Let’s start with some pedantry. The authors’ choice of words drives the conclusion that bitcoin is “just another example of fiat money” with its main contribution being its novel settlement network instead. Fiat, in Latin, is the third person present subjunctive form of facere (to do or make). As a reminder, the subjunctive is a verbal mood which expresses a desire or a condition. While the subjunctive is explicit in Latin and its romance linguistic descendants, it’s less common in English. It does pop up here and there though. The indicative mood states a plain fact about something — “You are suffering from gout,” for instance. This contrasts with the subjunctive which can express a wish – “May you be cursed with gout.” Another English phrase featuring the subjunctive is “May the force be with you.” The authors’ ultimate mistake is to fixate on this distinction between intrinsically worthless monies versus intrinsically valuable ones. Thus, one of the most famous uses of “fiat,” Fiat Lux in Genesis 1.3, translates to Let there be light (the indicative version would read There is light) . So in Latin, fiat effectively means “let it be done” or “may it happen.” Later, fiat entered the English lexicon as a noun, denoting a decree or a command. It connotes authority, but much of its modern usage implies a certain weakness in that authority. “To rule by fiat” suggests the ruler has lost the power to persuade and must rely on dictatorial and arbitrary measures to impose their will. Thus, “fiat money” typically refers to money that has value because a government decrees it. Of course, governments cannot simply declare that pieces of paper have value and expect that to stick. In practice, they backstop their currencies with legal tender laws, which elevate a particular currency in commerce, and by creating demand for that currency through the creation of a tax liability (Americans must pay taxes in dollars). The U.S. encourages the primacy of the dollar by imposing capital gains taxes on the fluctuations of foreign currencies (but not the dollar), and only selling Treasury bonds for dollars and maintaining mutual defense treaties with commodity producers who agree to price their exports in dollars. Some states even try and trap funds within their borders and outlaw currency conversion. So, adhering to this definition, it’s evident that bitcoin (and gold, and other collectible or commodity-based monies) is not fiat. Much like gold, bitcoin has value because millions of people worldwide find merit in its particular qualities, and so choose to transact with it and hold it as a savings and investment device. There is no state or single authority that guarantees the value of gold or bitcoin. No one is forced to use bitcoin. It is truly non-coercive and opt-in. See also: Nic Carter – Corporate America Knows the Bailout Is Baked In And far from being a shortcoming, this lack of backing is a useful quality for monetary assets, because with backing inevitably comes risk. The legitimacy of state regimes is fragile, and sometimes governments decide to plunder their currency to finance spending. With currency, benevolence from a state benefactor is not guaranteed. While some currencies like the dollar are long-lived and relatively stable, many others are highly inflationary or periodically devalued. Just recently, Argentina defaulted for the ninth time , crushing the peso. And due to mismanagement and state indebtedness, Lebanese savers have been effectively expropriated by devaluations this year. This is the flip side of fiat. Guarantees can turn to betrayal in short order. This point is worth dwelling on because it’s the market-driven nature of bitcoin’s rise that is so remarkable. While many commodities have undergone spontaneous monetizations over time to serve as monetary goods, Bitcoin’s rise has been particularly rapid and well documented. Many monetary goods have been monetized and de-monetized (often as cheaper ways to manufacture them were invented, reducing their scarcity). The authors’ ultimate mistake is to fixate on this distinction between intrinsically worthless monies versus intrinsically valuable ones. In the final calculus, nothing is intrinsically valuable – not even gold. Value is a function of a third party’s ability to derive utility from something. Monetary goods are useful because of their role in society, as savings instruments, ways to demonstrate wealth, as settlement media in trade, and as units of account. Their societal context is inherent. It’s a quirk of our nature that we have spontaneously settled on particular types of shells , patterned glass , chemical elements, or even slots on a virtual ledger and elevated them to the status of money. Without being thrust into a very human context of commerce, trade, and wealth storage, they would not have the primacy that they do. The more useful distinction is not between inherently valuable and worthless monetary goods. It’s between those that the market spontaneously chooses to use for trade, and those that governments coercively impose upon us. Related Stories Where the NY Fed ‘Bitcoin Is Not New’ Blog Goes Wrong Where the NY Fed ‘Bitcoin Is Not New’ Blog Goes Wrong... - Reddit Posts (Sample): [['u/mexicothebeast', 'Under 18 Help Sending BTC', 10, '2020-07-26 03:42', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/', 'Hey guys, I have $20 worth of btc in my wallet and i’m trying to purchase something online with it, is there any way I can do that while under 18?', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/', 'hxyeyv', [['u/spukkin', 10, '2020-07-26 04:59', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/fz9l568/', 'exodus wallet does not require verification to send and receive crypto.', 'hxyeyv']]], ['u/SpecialTurnip3', "A Theory: The Crypto Ecosystem Hasn't Fully Collapsed Because It Has Found A Truly Ingenious Way To Monetize Human Stupidity and Greed", 58, '2020-07-26 05:54', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/', 'It\'s true that most traditional ponzi/pyramid schemes (Madoff etc...) collapse because they\'re obligated to provide unsustainable returns to their investors. However, pyramid schemes that force their sucker "investors" to eat their own losses typically don\'t collapse, at least not for a long time . Crypto is a perfect example of this dynamic at play, since exchanges are able to establish a consistent revenue stream of hard currency by manipulating the market against butters stupid enough to gamble on margin. The whole thing basically has the business model of a casino/pyramid scheme combined into one. Bitcoin doesn\'t run on electricity or software. It runs on sheer human stupidity, gullibility, and greed. MLMs like Harbalife largely function on the same principle (forcing the vast majority of suckers to eat their losses instead of guaranteeing an ultimately unsustainable return), which is why many MLMs have lasted for literally decades.\n\nSomething that u/thehoesmaketheman said on here that really stuck with me is that governments make pyramid schemes illegal because people love to "invest" in pyramid schemes otherwise. This can actually do profound damage to society if taken far enough, and while any given pyramid scheme might eventually collapse (depending on its structure), there will always be new schemes and new suckers. Crypto is a perfect space for generating both, as it is both digital and laughably unregulated. So I predict the Bitcoin/Crypto/Tether Rube Goldberg machine of stupidity and greed will keep going until governments finally wise up and make it illegal (if they ever do) because its just another scam at the end of the day. Unfortunately for our society and the planet, a lot of people in power seem to be fooled by trendy tech buzzwords like blockchain.', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/', 'hy06h2', [['u/shahbucks00711', 18, '2020-07-26 06:21', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9sgwb/', "It's legit the greatest scam ever created.", 'hy06h2'], ['u/SpecialTurnip3', 16, '2020-07-26 06:22', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9sica/', "That depends: how much is tether making in hard currency by fleecing the delusional butters gambling on margin? How many real dollars is it making from money-laundering, and other forms of illicit activity? Those are the only two reasons that I can think off that Tether has not collapsed yet--they must be getting hard currency from somewhere to keep the exchanges liquid enough to cover withdrawals in real USD.\n\nI honestly expected Tether to collapse around the time of Bitconnect. I am amazed it still exists. Hell, I am amazed the U.S. government allows this clown-car mockery version of the dollar to exist in the first place. Isn't tether basically counterfeiting currency on a massive scale, at least in a way? None of this shit would fly legally if it wasn't disguised with techy buzzwords like blockchain that politicians are too lazy to see through.", 'hy06h2'], ['u/SpecialTurnip3', 20, '2020-07-26 07:56', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9zug3/', 'I am an atheist, but at least most traditional religions teach giving charity towards the poor. Crypto is the literal personification of "fuck you, got mine" lolbertarian ideology.', 'hy06h2'], ['u/jstolfi', 11, '2020-07-26 17:59', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fzb7q2g/', "Maybe. The basic bitcoin scam -- investors giving money to miners, with no source of revenue that will ever return to them -- has already taken some 15 billion USD from the suckers who ever bought bitcoins. That is still short of the 19 billion estimate for what Madoff's investors actually lost. But if we add the similar losses through other coins, including Tether and Ethereum, the total may be already higher.\n\nHowever, the crytpo exchanges have probably taken even more money from the other suckers who day-trade crypto. Those exchanges can do all the dirty tricks against their clients that would be jail crimes if done by stock brokers or stock exchanges. \n\nBut Madoff's was (maybe) only the largest ponzi. I believe that there were some much larger scams and frauds (even without going into legal ones). Enron investors reportedly lost 74 billion USD when the stock collapsed after the management was found to have faked its profits and hid huge losses.", 'hy06h2'], ['u/jstolfi', 15, '2020-07-26 18:37', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fzbc5md/', 'Indeed. Crypto has improved on early scams in several ways. \n\nFor one thing, it is decentralized -- there is no central scammer, just a large flock of scammers who are united only by their selfish greed. It is the very mechanism that Satoshi invented, although used for a purpose that (I think) he did not foresee.\n\nFor another thing, crypto scammers managed to convince many governments, including the US, that cryptos are neither securities, nor currencies, nor bonds or whatever. They are claimed to be "a new asset class." Therefore, existing financial and investment regulators, like the US SEC, do not consider the crypto investment scam to be their problem. \n\nThird, while some previous investment frauds required the scammers to lie about the true nature of the "business", the nature of cryptos is open but just too complicated for people to understand, even when experts try to explain it to them. Its alleged value as investment also relies on economic theories that cannot be easily proved or disproved. Thus millions can still be convinced to invest in them, in spite of their fatal and unfixable flaws.\n\nFourth, unlike most previous frauds, crypto scammers do not promise immediate profits. They tell their marks that cryptos probably will be immensely valuable in some indeterminate future when they will replace national currencies, So investors do not feel cheated when the price fails to reach those levels in 5 years, or stagnates, or even drops by 80% for six months. And the scammers will continuously come up with fake "improvements" like the Lightning Network, PoS, Avalanche, and DeFi, that, "when ready", will finally make adoption explode.', 'hy06h2']]], ['u/AutoModerator', '[Daily Discussion] Sunday, July 26, 2020', 67, '2020-07-26 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/', 'hy0bte', [['u/Damien_Targaryen', 10, '2020-07-26 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fz9ykam/', 'I feel a big battle coming ahead of us and I think this time...the Bulls finally win.', 'hy0bte'], ['u/GrossBit', 13, '2020-07-26 08:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fza1duz/', 'The bulls are winning \nJust not the BTC bulls\nThe DeFi bulls , the ETH bulls, the ADA bulls etc... \n\nMany teams are winning just not the BTC one (at least not yet)', 'hy0bte'], ['u/chuck_portis', 56, '2020-07-26 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fza7od2/', "Remember the events that led to the creation of Bitcoin. It was in the wake of the 2008 Financial Crisis, during which:\n\n* Governments bailed out failing big corporations with freshly printed USD\n* Interest Rates were pushed to record lows to discourage saving\n* The fiscal system narrowly avoided a complete collapse\n\nHere we are more than a decade later:\n\n* Governments are bailing out big corporations with freshly printed USD ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['EOS fell by 0.60% on Sunday. Partially reversing a 4.99% rally from Saturday, EOS ended the week up by 4.88% to $2.7164.\nIt was a mixed start to the day. EOS fell to an early morning low $2.7068 before making a move.\nSteering clear of the first major support level at $2.6367, EOS rallied to a late morning intraday high $2.8141.\nEOS broke through the first major resistance level at $2.7880 before falling to a mid-day intraday low $2.6858.\nHolding above the major support levels, EOS briefly revisited $2.74 levels before falling back into the red.\nAt the time of writing, EOS was up by $0.07% to $2.7184. A bullish start to the day saw EOS rise from an early morning low $2.7172 to a high $2.7237.\nEOS left the major support and resistance levels untested early on.\nEOS would need to move through the $2.7388 pivot level to support a run at the first major resistance level at $2.7917.\nSupport from the broader market would be needed, however, for EOS to break out from $2.75 levels.\nBarring an extended crypto rally, the first major resistance level likely cap any upside.\nFailure to move through the $2.7388 pivot would bring the first major support level at $2.6634 into play.\nBarring another extended sell-off, EOS should steer clear of sub-$2.60 levels. The second major support level at $2.6105 should limit any downside.\nFirst Major Support Level: $2.6634\nPivot Level: $2.7388\nFirst Major Resistance Level: $2.7917\n23.6% FIB Retracement Level: $6.62\n38% FIB Retracement Level: $9.76\n62% FIB Retracement Level: $14.82\nEthereum rose by 1.90% on Sunday. Following on from Saturday’s 9.30% rally, Ethereum ended the week up by 30.13% to $311.35.\nA bearish start saw Ethereum fall to an early morning intraday low $300.21 before making a move.\nSteering well clear of the first major support level at $286.85, Ethereum rallied to a late morning intraday high $319.86.\nEthereum broke through the first major resistance levels at $317.23 before falling back to $301 levels.\nFinding late support, Ethereum broke back through to $314 levels before easing back.\nAt the time of writing, Ethereum was up by 0.21% to $312.01. A bullish start to the day saw Ethereum rise from an early morning low $311.38 to a high $312.72.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid a fall through the $310.40 pivot to support a run at the first major resistance level at $320.74.\nSupport from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $319.86.\nBarring another extended crypto rally, the first major resistance level should cap any upside.\nFailure to avoid a fall through the $310.50 pivot would bring the first major support level at $301.09 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the second major support level at $290.82.\nFirst Major Support Level: $301.09\nPivot Level: $310.50\nFirst Major Resistance Level: $320.74\n23.6% FIB Retracement Level: $257\n38.2% FIB Retracement Level: $367\n62% FIB Retracement Level: $543\nRipple’s XRP rose by 0.28% on Sunday. Following on from a 5.23% rally from Saturday, Ripple’s XRP ended the week up by 7.80% to $0.21551.\nIt was a mixed start to the day. Ripple’s XRP slipped to an early morning low $0.21313 before striking a late morning intraday high $0.22540.\nRipple’s XRP broke through the first major resistance level at $0.2206 before sliding to a mid-day intraday low $0.21237.\nSteering clear of the first major support level at $0.2067, Ripple’s XRP revisited $0.2190 levels before easing back.\nAt the time of writing, Ripple’s XRP was up by 0.25% to $0.21605. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21526 before striking a high $0.21608.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to move through the $0.2178 pivot to support a run at the first major resistance level at $0.2232.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from $0.2200 levels.\nBarring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.2254 should cap any upside.\nIn the event of a breakout, Ripple’s XRP should test the second major resistance level at $0.2308 before any pullback.\nFailure to move through the $0.2178 pivot would bring the first major support level at $0.2101 into play.\nBarring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 levels and the second major support level at $0.2047.\nFirst Major Support Level: $0.2101\nPivot Level: $0.2178\nFirst Major Resistance Level: $0.2232\n23.6% FIB Retracement Level: $0.3638\n38.2% FIB Retracement Level: $0.4800\n62% FIB Retracement Level: $0.6678\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• European Equities: A Week in Review – 25/07/20\n• AUD/USD Forex Technical Analysis – Being Guided by Shifting Risk Sentiment\n• The Pound Reacts to New Stimulus Plan that Aims to Jump-Start the Economy\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Main Trend Changed to Down on Friday\n• European Equities: Economic Data, Geopolitics, and COVID-19 News in Focus\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 27th, 2020', 'EOS EOS fell by 0.60% on Sunday. Partially reversing a 4.99% rally from Saturday, EOS ended the week up by 4.88% to $2.7164. It was a mixed start to the day. EOS fell to an early morning low $2.7068 before making a move. Steering clear of the first major support level at $2.6367, EOS rallied to a late morning intraday high $2.8141. EOS broke through the first major resistance level at $2.7880 before falling to a mid-day intraday low $2.6858. Holding above the major support levels, EOS briefly revisited $2.74 levels before falling back into the red. At the time of writing, EOS was up by $0.07% to $2.7184. A bullish start to the day saw EOS rise from an early morning low $2.7172 to a high $2.7237. EOS left the major support and resistance levels untested early on. For the day ahead EOS would need to move through the $2.7388 pivot level to support a run at the first major resistance level at $2.7917. Support from the broader market would be needed, however, for EOS to break out from $2.75 levels. Barring an extended crypto rally, the first major resistance level likely cap any upside. Failure to move through the $2.7388 pivot would bring the first major support level at $2.6634 into play. Barring another extended sell-off, EOS should steer clear of sub-$2.60 levels. The second major support level at $2.6105 should limit any downside. Looking at the Technical Indicators First Major Support Level: $2.6634 Pivot Level: $2.7388 First Major Resistance Level: $2.7917 23.6% FIB Retracement Level: $6.62 38% FIB Retracement Level: $9.76 62% FIB Retracement Level: $14.82 Ethereum Ethereum rose by 1.90% on Sunday. Following on from Saturday’s 9.30% rally, Ethereum ended the week up by 30.13% to $311.35. A bearish start saw Ethereum fall to an early morning intraday low $300.21 before making a move. Steering well clear of the first major support level at $286.85, Ethereum rallied to a late morning intraday high $319.86. Ethereum broke through the first major resistance levels at $317.23 before falling back to $301 levels. Story continues Finding late support, Ethereum broke back through to $314 levels before easing back. At the time of writing, Ethereum was up by 0.21% to $312.01. A bullish start to the day saw Ethereum rise from an early morning low $311.38 to a high $312.72. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid a fall through the $310.40 pivot to support a run at the first major resistance level at $320.74. Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $319.86. Barring another extended crypto rally, the first major resistance level should cap any upside. Failure to avoid a fall through the $310.50 pivot would bring the first major support level at $301.09 into play. Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $290.82. Looking at the Technical Indicators First Major Support Level: $301.09 Pivot Level: $310.50 First Major Resistance Level: $320.74 23.6% FIB Retracement Level: $257 38.2% FIB Retracement Level: $367 62% FIB Retracement Level: $543 Ripple’s XRP Ripple’s XRP rose by 0.28% on Sunday. Following on from a 5.23% rally from Saturday, Ripple’s XRP ended the week up by 7.80% to $0.21551. It was a mixed start to the day. Ripple’s XRP slipped to an early morning low $0.21313 before striking a late morning intraday high $0.22540. Ripple’s XRP broke through the first major resistance level at $0.2206 before sliding to a mid-day intraday low $0.21237. Steering clear of the first major support level at $0.2067, Ripple’s XRP revisited $0.2190 levels before easing back. At the time of writing, Ripple’s XRP was up by 0.25% to $0.21605. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21526 before striking a high $0.21608. Ripple’s XRP left the major support and resistance levels untested early on. For the day ahead Ripple’s XRP will need to move through the $0.2178 pivot to support a run at the first major resistance level at $0.2232. Support from the broader market would be needed, however, for Ripple’s XRP to break out from $0.2200 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.2254 should cap any upside. In the event of a breakout, Ripple’s XRP should test the second major resistance level at $0.2308 before any pullback. Failure to move through the $0.2178 pivot would bring the first major support level at $0.2101 into play. Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 leve Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $183,185,966,594 - Hash Rate: 128205972.903398 - Transaction Count: 326769.0 - Unique Addresses: 690892.0 Social & AI Sentiment: - Fear & Greed Index: 0.58 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the past month, while market action has been relatively quiet, crypto traders have punched the buy button when bitcoin’s price drops below $9,000. • Bitcoin(BTC) trading around $9,208 as of 20:00 UTC (4 p.m. ET), slipping 0.80% over the previous 24 hours. • Bitcoin’s 24-hour range: $9,201-$9,379 • BTC above 10-day and 50-day moving average, a bullish signal for market technicians, although trading volumes on Tuesday are lower than Monday. “Bitcoin managed to approach the level of $9,300, after which immediately rolled back to the $9,250 area,” said Constantine Kogan, partner at cryptocurrency fund of funds BitBull Capital. “The coin continues to trade in a narrow price range,” he said, adding that crypto markets are experiencing record low volatility. Read More:Exchanges See Drop in Volumes as Bitcoin Volatility Approaches 2020 Low Related:Introducing the CoinDesk 20: The Assets That Matter Most in Crypto “Such low volatility is uncharacteristic of bitcoin,” said Vishal Shah, an options trader and founder of derivatives exchange Alpha5. “However, this sentiment has permeated through the trading community.” Less volatility has translated into fewer options bets. Open interest has dropped since the June 26 expiration date and is now hovering at the $1.1 billion mark. That’s quite a bit off from where it was in June, when it hit a record $1.8 billion high, according to derivatives data aggregator Skew. The lack of action is causing vigilant traders to change their strategies. For example, there appears to be sentiment that bitcoin at $9,000 is a good price point for traders to buy. “Every time the market has poked its nose below $9,000, buyers have stepped in,” said Rupert Douglas, head of institutional sales at London-based broker Koine. Indeed, over the past month, when the world’s oldest cryptocurrency dipped below $9,000, traders scooped it up on spot markets like Coinbase. Related:As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout Douglas says the narrow bitcoin price action might not last because most traders surely would like more volatility, which is what attracts many to crypto in the first place. “Bitcoin is coiled for a big move,” he told CoinDesk. “I still favor the upside. I think we will see bitcoin heading above $11,000 in short order when a move comes.” Read More:Lightspeed Invests $2.8M in Crypto Market Maker Wintermute Ether(ETH), the second-largest cryptocurrency by market capitalization, was in the red Tuesday, trading around $237, down 0.66% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More:Ethereum Activity Metric Hits Highest Level in 2 Years Ethereum-based decentralized exchanges, or DEX, have shined in 2020, with over $5 billion in volume this year so far, according to aggregator Dune Analytics. Kyber Network, a DEX and token project, recently upgraded to its Katalyst and KyberDAO protocol version. This has led to its governance token, Kyber Network Crystal, or KNC, to jump from $0.18 at the start of 2020 to $1.64 Tuesday. Traders are purchasing the Kyber token for its rewards as “staking” KNC generates an ether-based return on fees paid for using the DEX. “Kyber has upgraded to Katalyst,” said Peter Chan, a quantitative trader at Hong Kong-based OneBit Quant. “There has been a staggering 6 million staking in KNC already, very impressive.” Read More:Industry Group Seeks to Get Ahead on Staking Regulations Digital assets on CoinDesk’s big board are mixed Tuesday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • cardano(ADA) +14.2% • dogecoin(DOGE) +13% • ethereum classic(ETC) +5.2% Read More:Cardano at One-Year High on Shelley Upgrade Notable losers as of 20:00 UTC (4:00 p.m. ET): • bitcoin sv(BSV) -3.8% • tron(TRX) -3.8% • xrp(XRP) -1.4% Equities: • In Asia, Japan’s Nikkei 225 ended the day down 0.44%. The index was dragged down bylosses in the real estate and transportation sectors. • The FTSE 100 index closed in the red 1.5%.Coronavirus concerns and fresh lockdownssent European stocks lower Tuesday. • The S&P 500 lost 1.1%.Losses in travel stocksended the U.S. index’s five-day run of gains. Commodities: • Oil is down 0.58%. Price per barrel of West Texas Intermediate crude: $40.35 • Gold rallied in late trading Tuesday, up 0.78% at $1,796 per ounce Treasurys: • U.S. Treasury bonds were mixed Tuesday. Yields, which move in the opposite direction as price, were down most on the 10-year, in the red 6.3%. • Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin • Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The bitcoin bulls are back in town.\nThe price of bitcoin surged today by $1,268.19, reaching a six-month high of $11,203.90, or a one-day gain of 12.73%. It\'s another indication of the resurgence of both investor interest in the technology and renewed confidence in its long-term prospects after a rough year of regulatory scrutiny and declining value in the major cryptocurrencies.\nFor cryptocurrency investors like Alyse Killeen, an advisor to Mantis VC (the investment firm launched by the celebrity music duo The Chainsmokers), the climb in Bitcoin prices reflects the increased stability of the infrastructure that undergirds Bitcoin specifically, and distributed ledger technologies more broadly.\n"Bitcoin has much more intrinsic value today than it did a year ago just from an infrastructure perspective," Killeen wrote in a direct message. "[The] Lightning network is working, sidechains are working. And so you can do more with bitcoin today than you could last year."\nThe Lightning network is a second-layer technology for bitcoin that scales the blockchain\'s ability to conduct transactions and it\'s increasing people\'s ability to actually use the network.\nIt\'s more than just increasing capacity driving the surge in investor interest and prices, Killeen wrote. There\'s also the decreased supply of available bitcoin -- a function of the halving of coins in circulation which happened earlier this year.\nMoreover, financial institutions are now holding cryptocurrencies -- giving investors more confidence in the security of the assets, Killeen wrote.\nSome blockchain experts, like Willy Woo, who is an analyst now working at Lvl to launch Bitcoin banking services, even called the timing for the most recent bull run.\nhttps://platform.twitter.com/widgets.js\nKilleen also expected the markets to rise in the third quarter or early fourth quarter thanks to the increasing infrastructure to support transactions and activity on the blockchain, the amount of bitcoin in circulation and a response to the halving of currency in circulation.\n"What’s happening now is that larger institutions are offering purchase facilitation and custody (e.g. Fidelity)," Killeen wrote. "This is bullish for Bitcoin AND self-custody. With \'real banks\' holding bitcoin for their customers, the average person will view bitcoin more like money, and [the] differentiation of being your own bank becomes even more clear," wrote Casa chief executive officer Nick Neuman, on Twitter.\nhttps://platform.twitter.com/widgets.js', 'The bitcoin bulls are back in town.\nThe price of bitcoin surged today by $1,268.19, reaching a six-month high of $11,203.90, or a one-day gain of 12.73%. It\'s another indication of the resurgence of both investor interest in the technology and renewed confidence in its long-term prospects after a rough year of regulatory scrutiny and declining value in the major cryptocurrencies.\nFor cryptocurrency investors like Alyse Killeen, an advisor to Mantis VC (the investment firm launched by the celebrity music duo The Chainsmokers), the climb in Bitcoin prices reflects the increased stability of the infrastructure that undergirds Bitcoin specifically, and distributed ledger technologies more broadly.\n"Bitcoin has much more intrinsic value today than it did a year ago just from an infrastructure perspective," Killeen wrote in a direct message. "[The] Lightning network is working, sidechains are working. And so you can do more with bitcoin today than you could last year."\nThe Lightning network is a second-layer technology for bitcoin that scales the blockchain\'s ability to conduct transactions and it\'s increasing people\'s ability to actually use the network.\nIt\'s more than just increasing capacity driving the surge in investor interest and prices, Killeen wrote. There\'s also the decreased supply of available bitcoin -- a function of the halving of coins in circulation which happened earlier this year.\nMoreover, financial institutions are now holding cryptocurrencies -- giving investors more confidence in the security of the assets, Killeen wrote.\nSome blockchain experts, like Willy Woo, who is an analyst now working at Lvl to launch Bitcoin banking services, even called the timing for the most recent bull run.\nhttps://platform.twitter.com/widgets.js\nKilleen also expected the markets to rise in the third quarter or early fourth quarter thanks to the increasing infrastructure to support transactions and activity on the blockchain, the amount of bitcoin in circulation and a response to the halving of currency in circulation.\n"What’s happening now is that larger institutions are offering purchase facilitation and custody (e.g. Fidelity)," Killeen wrote. "This is bullish for Bitcoin AND self-custody. With \'real banks\' holding bitcoin for their customers, the average person will view bitcoin more like money, and [the] differentiation of being your own bank becomes even more clear," wrote Casa chief executive officer Nick Neuman, on Twitter.\nhttps://platform.twitter.com/widgets.js', 'Fujifilm Holdings Corporation (OTC: FUJIF ) has been awarded a $265 million federal contract to support the manufacturing of novel coronavirus (COVID-19) vaccine candidate,\xa0the United States Department of Health and Human Services announced Monday. What happened The Japanese company\'s unit Fujifilm Diosynth Biotechnologies\xa0subcontracts manufacturing at the Texas A&M\xa0Center for Innovation in Advanced Development and Manufacturing (CIADM),\xa0a public-private partnership between Biomedical Advanced Research and Development Authority (BARDA) and Texas A&M University. The U.S. government has reserved CIADM\'s capacity until December 2021 for the development of COVID-19 vaccines, such as a candidate from Novavax, Inc (NASDAQ: NVAX ), under Operation Warp Speed, which was described by HHS Secretary Alex Azar as “one of the largest vaccine manufacturing efforts in recent history.” Fujifilm earlier this week announced it had entered an agreement with Novavax to "manufacture bulk drug substance" for the Maryland-based company\'s coronavirus vaccine candidate at its site in Morrisville, North Carolina. The Tokyo-based company said "the technology transfer from\xa0North Carolina\xa0to\xa0Texas\xa0will begin in late 2020 with expanded mass production of the vaccine candidate starting in early 2021." Novavax has received $1.6 billion in federal funding for the\xa0NVX-CoV2373 vaccine candidate. Why It Matters Manufacturing and distribution of a potential vaccine is a key obstacle with manufacturers preparing to overcome such challenges even before a safe vaccine is found to be able to faster deliver the successful candidate, CNBC noted earlier. On Sunday, Moderna Inc (NASDAQ: MRNA ) said it received another $472 million dollars from the Trump administration, in addition to the original $483 million it was awarded in support of its vaccine candidate. The company also started the late-stage testing for its coronavirus vaccine on Monday, alongside another candidate developed by Pfizer Inc (NYSE: PFE ) and its German partner BioNTech SE (NASDAQ: BNTX ). Johnson & Johnson (NYSE: JNJ ) is expecting to start the late-stage clinical trials for its vaccine candidate ahead of schedule in September. Price Action Fujifilm Holdings OTC shares closed 7.02% higher at $47.09 on Monday. See more from Benzinga AstraZeneca To Pay B To Japan\'s Daiichi As Part of Collaboration On New Cancer Drug Rivian To Start Delivering All-Electric Pickup By Summer Next Year: Report Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments', 'Fujifilm Holdings Corporation(OTC:FUJIF) has been awarded a $265 million federal contract to support the manufacturing of novel coronavirus (COVID-19) vaccine candidate,\xa0the United States Department of Health and Human ServicesannouncedMonday.\nWhat happened\nThe Japanese company\'s unit Fujifilm Diosynth Biotechnologies\xa0subcontracts manufacturing at the Texas A&M\xa0Center for Innovation in Advanced Development and Manufacturing (CIADM),\xa0a public-private partnership between Biomedical Advanced Research and Development Authority (BARDA) and Texas A&M University.\nThe U.S. government has reserved CIADM\'s capacity until December 2021 for the development of COVID-19 vaccines, such as a candidate fromNovavax, Inc(NASDAQ:NVAX), under Operation Warp Speed, which was described by HHS Secretary Alex Azar as “one of the largest vaccine manufacturing efforts in recent history.”\nFujifilm earlier this week announced it hadenteredan agreement with Novavax to "manufacture bulk drug substance" for the Maryland-based company\'s coronavirus vaccine candidate at its site in Morrisville, North Carolina. The Tokyo-based company said "the technology transfer from\xa0North Carolina\xa0to\xa0Texas\xa0will begin in late 2020 with expanded mass production of the vaccine candidate starting in early 2021."\nNovavax has received $1.6 billion in federal funding for the\xa0NVX-CoV2373 vaccine candidate.\nWhy It Matters\nManufacturing and distribution of a potential vaccine is a key obstacle with manufacturers preparing to overcome such challenges even before a safe vaccine is found to be able to faster deliver the successful candidate, CNBCnotedearlier.\nOn Sunday,Moderna Inc(NASDAQ:MRNA) said it received another $472 million dollars from the Trump administration, in addition to the original $483 million it was awarded in support of its vaccine candidate.\nThe company also started the late-stage testing for its coronavirus vaccine on Monday, alongside another candidate developed byPfizer Inc(NYSE:PFE) and its German partnerBioNTech SE(NASDAQ:BNTX).Johnson & Johnson(NYSE:JNJ) is expecting to start the late-stage clinical trials for its vaccine candidate ahead of schedule in September.\nPrice Action\nFujifilm Holdings OTC shares 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: 2020-07-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $183,185,966,594 - Hash Rate: 121437040.395232 - Transaction Count: 354742.0 - Unique Addresses: 745966.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The liquidity mining boom may be upon us. Balancer Labs, the maker of an automated portfolio management tool, has confirmed with CoinDesk it has begun distribution of its BAL token. Followingthe persistent maniaaround last week’s debut of Compound’s COMP token, BAL will be the second governance token earned by a decentralized finance (DeFi) app’s most valuable users. Since June 1, liquidity providers for Balancer’s token pools havebeen earning BAL, but none of those tokens have been distributed. Balancer’s total value locked (TVL) has gone from $15.9 million on May 31 to $43.6 million as of this writing,according to DeFi Pulse. Going forward, earnings will be minted and distributed on a weekly basis, Balancer Labs CEO Fernando Martinelli told CoinDesk. Related:Market Wrap: Bitcoin Trading Flat, Holding at $9.6K “By far the most important factor or reason why we are doing that is because we want this thing to be decentralized. We believe in a decentralized, trustless future, and we want Balancer to do that. We need the distribution to be in a healthy way,” Martinelli said. Read more:First Mover: Compound’s COMP Token More Than Doubles in Price Amid DeFi Mania Giving out governance tokens for putting assets onto a protocol has come to be known as “liquidity mining.” The technique, which amounts to giving users a seat at the table in deciding how to run decentralized applications, has been discussed throughout 2020. In April, IDEO CoLab Ventures, a venture capital fund backed by the design firm IDEO, spelled it out in a Medium post about translatingparticipation into equity. But it all got real when collateralized lending startup Compound became the first major DeFi app todistributesome of its governance tokens. Liquidity providers and borrowers started earning COMP on June 15. Since then, Compound became the largest app in DeFi, increasing its available liquidity by 6x. Related:DeFi Protocols Should Act More Like Fiduciaries “I think Balancer is an amazing project in that it creates an AMM [automated market maker] primitive that is extremely flexible for different asset management use cases (exchange, balanced portfolios, certain strategies),” CoinFund founder Jake Brukhman told CoinDesk. With BAL’s debut in Ethereum wallets the world over, we enter the second chapter of this story. Of note, the two projects are at very different stages in their life cycles. Compound was announced in September 2018 and was running for well over a year before unleashing the token. At the first disbursement of COMP, Compound users had already committed nearly $100 million in crypto collateral. Meanwhile, Balancer only went live this spring and has roughly $40 million locked into it. If Balancer were to grow by the same proportion as Compound, it could jump from the sixth position in DeFi to the third, but obviously no one knows what will happen – norhow it ends. Read more:DeFi Protocols Should Be Fiduciaries, Not Structured Product Dealers Balancer Labs previously ran a$3 million seed round, where Accomplice and Placeholder led alongside CoinFund and Inflection. The investors earned equity that was convertible to tokens. The seed round price was $0.60 per token. Balancer’s core function is it allows users to make pools of tokens that automatically rebalance, and to tokenize those pools. So if a pool was built so that the value was 50% WBTC, 25% WETH and 25% BAT, for example, it would sell some of its WBTC for WETH and BAT if WBTC shot up in value, so that the proportion of value went back in line. In short, it automates crypto indices. The smart contract governing BAL provides for 100 million tokens with no inflation, but “those 100 million won’t be minted from the beginning,” Martinelli explained. So far, 35 million have been minted. Of those, 25 million are designated for the team, advisers and investors, and 75% of that vests gradually over three years, and unvested tokens can’t trade or vote. The team has control of 5 million tokens for an ecosystem fund, to promote growth in various ways and 5 million tokens for future fundraising rounds, according to Martinelli. Read more:DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens Balancer is currently a team of four and it expects to grow to a team of 10 by the end of the year, Martinelli said, with the ultimate goal of decentralizing the platform. The remaining 65 million tokens mint at a rate of 145,000 BAL every week, which means it would take about nine years to fully distribute, but because BAL is a governance token the holders could always vote to speed up distribution. Three full weeks have been completed so a bit over 400,000 BAL are being distributed now to over 1,000 wallet addresses that have accrued balances, Martinelli said (with a few edge cases for BAL earned by external smart contracts that will receive distributions later). One facet of Balancer’s distribution worth noting is that so much of it exists off-chain. This allows the team to iterate early on, in collaboration with users, so the team can look for ways in which users are gaming the system and write new rules to undermine those strategies. For example, on Compound, users are staking assets to borrow assets to stake more and borrow more. There is debate about how valuable is a lot of this activity. Similarly, in 2018the Fcoin exchangerewarded users with a new token just for making trades, which sent wash trading through the roof. The Balancer community wants tofavorthe most valuable behaviors. By tracking earnings in an off-chain fashion and iterating on the rules, Balancer’s community can refine incentives as it goes. So, when BAL earnings started it was simple: Users earned BAL for supplying liquidity. Depending on what happens next, that may change. “[The rules] kind of prevent useless liquidity from getting BAL,” Martinelli said. “It’s going to be a very interesting living thing that will evolve.” These rules are designed to drive volume without directly rewarding volume. One example: Pools that appear to hold two tokens but really don’t – like if one had, say, 50% DAI (the stablecoin generated by deposits on Maker) and 50% cDAI (the token representation of DAI deposited on Compound) – accrue very low BAL rewards. Read more:Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi Building off-chain also allows Balancer to work on a case-by-case basis with startups built to integrate with Balancer that didn’t plan for a token distribution, which is something that hascome up with Compound. These are the edge cases mentioned above. One could imagine a world where these rules become so complex they result in other unintended consequences, but that’s why it’s useful to run them off-chain for now. Balancer’s hope is it finds a solid enough niche in the market so the continuous refinement will no longer be necessary and that a simple set of rules can move on-chain. If this isn’t obvious already, a visit to Balancer site makes it very clear: The dapp can offer the same DEX functionality as Uniswap, because any single Uniswaptoken-for-token poolis the same as Balancer pool with two tokens set to 50/50, or 1:1, value. The big question for BAL: Can it catapult Balancer into Uniswap’s place as the AMM of choice on Ethereum? Balancer currently has $18 million more in TVL than Uniswap, according to DeFi Pulse, but the question is whether this new form of yield will make it more appealing to liquidity providers for that simple DEX use case. For now, there’s no incentive to trade on Balancer versus Uniswap, but if BAL accrues value quickly enough the idea of earning trading fees as well as BAL could lead to providers moving funds out of the most prominent AMM and into Balancer. “I think that token distributions, not tech, will play a key role in how these DeFi protocols compete,” said CoinFund’s Brukhman, who noted Uniswap still has not announced any intention to reward liquidity providers with a stake. “Brand does play an important role, but I think we will see that Balancer builds a very successful brand quickly.” • Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens • Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse. Falling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590. Steering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels. A bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red. The near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Ethereum joined Bitcoin in the red, with a 1.49% loss. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively. Bitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support. Binance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners. At the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%. This Morning At the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend. Story continues It was a bearish start for the rest of the majors, however. Cardano’s ADA was down by 1.85% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601. Failure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming? USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms Silver Price Forecast – Silver Markets Explode with Volatility Gold Price Forecast – Gold Markets form Massive Candle', 'Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse.\nFalling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590.\nSteering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels.\nA bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red.\nThe near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nEthereum joined Bitcoin in the red, with a 1.49% loss.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively.\nBitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support.\nBinance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners.\nAt the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn.\nBitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%.\nAt the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nCardano’s ADA was down by 1.85% to lead the way down.\nBitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601.\nFailure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming?\n• USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level\n• Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms\n• Silver Price Forecast – Silver Markets Explode with Volatility\n• Gold Price Forecast – Gold Markets form Massive Candle', "Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft. The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradable fund. Borda developed compliance-appeasing token standards, hired regulatory veterans to lead his transfer agent subsidiaries and even moved Tokensoft into the same San Francisco high-rise as the SEC\x92s West Coast enforcement wing (albeit on a different floor). The effort paid off earlier this month: In early July, the SEC granted a notice of effectiveness to ArCoin, a cryptographically-traded U.S. Treasury Fund pursued by digital asset manager Arca Labs and designed by Tokensoft. It\x92s the first Ethereum blockchain-native investment fund registered under the Investment Company Act of 1940 (a so-called \x9140 Act Fund ). Related: Arca's Flagship Crypto Hedge Fund is Up 77% in 2020 Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund ArCoin\x92s registration marks a shift in the regulator\x92s tolerance for public blockchain investment vehicles, Borda said. He and Arca CEO Rayne Steinberg both said ArCoins could light the way for future offerings with similarly decentralized structures. But regulatory filings capture just how hard-fought first that victory was. Long road Arca signaled its earliest interest in offering a U.S Treasury Fund in an SEC filing from November 2018. Over the next 605 days, it filed volleys of prospectus amendments as nearly 10 different evolutions of what would eventually become ArCoins repeatedly hit a regulatory wall. Related: SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps Steinberg said there was no guarantee his firm\x92s costly regulatory campaign would ultimately prevail. Tokensoft signed on as Arca\x92s tokenization specialist in July 2019, Borda told CoinDesk. Even then, a full year passed before ArCoin finally cleared that regulatory wall. Story continues \x93This took a lot of backchanneling with the SEC,\x94 Borda said. 10 floors apart Borda said one benefit of running a compliance-focused tokenization firm from his high-rise in San Francisco\x92s Financial District is that SEC regulators asking questions about his proposals are just an elevator ride away. \x93There was a case where I received a call the night before to do a presentation in the morning because the Crypto Czar was in town,\x94 Borda said, explaining office proximity (Tokensoft is on floor 38, the SEC is on floor 28) made \x93meetings a lot more accessible.\x94 That can be handy when meeting topics are as potentially contentious and fraught as the marriage of public blockchains and regulated investment vehicles. The SEC has been reticent to approve crypto-tied proposals before, perhaps most visibly in its ongoing denial of a bitcoin ETF. Read more: What to Make of the SEC\x92s Latest Bitcoin ETF Rejection The particulars behind one crypto project\x92s failure before the SEC and another\x92s success are not interchangeable. For example, ArCoins do not represent an investment in the Ethereum blockchain, only a product (U.S. Treasurys) whose vehicle is traded on that blockchain. But Borda said a major obstacle in pushing through a tokenized \x9140 Act Fund wer Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $201,506,362,631 - Hash Rate: 123949530.886168 - Transaction Count: 346521.0 - Unique Addresses: 717842.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A crypto hedge fund is folding, Silvergate Bank’s bitcoin-collateralized loans surged this quarter andbitcoinfutures markets record triple-digit growth. You’re readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’snewsletters here. Bitcoin ETPSwiss crypto manager FiCAS AG announced what could be the firstactively managed bitcoin exchange-traded product (ETP).The firm’s Chairman Mattia Rattaggi said the Bitcoin Capital Active ETP’s portfolio could contain up to 15 altcoins as determined by market capitalization, liquidity and the rules of its host exchange, the SIX Swiss Exchange. Product managers will trade bitcoin againstETH,XRP,BCH,LTC, BNB,EOS, ADA,XLM,XTZ,TRXand exit to Swiss francs, euros and U.S. dollars. Rattaggi said the list could shift based on coin performance. Related:First Mover: Crypto Traders 'Greedy' as Goldman Warns on Dollar De-FundedCryptocurrencyhedge fund Tetras Capital is shutting down and returning investors’ moneyafter quarters of low returns, an anonymous source told CoinDesk. The New York-based fund, founded in 2017, recorded a 75% loss life-to-date. At its height, Tetras managed upwards of $33 million, according to financial filings, with an investment thesis centered around shorting ether and investing in alt-coins. At least 68 crypto hedge funds closed last year internationally, almost double the number – 35 – in 2018, according to a Crypto Fund Research report. SEN’s ZenSilvergate Bank continuedto book new cryptocurrency customers in the second quarterwhile its portfolio of bitcoin-collateralized loans nearly doubled. According to its latest earnings report, the bank’s $1.1 billion traditional loans increased only 0.1% from the first quarter. Bitcoin-collateralized loans through the bank’s SEN Leverage product surged 88% in the same period, to $22.5 million. Tracing ToolsLocalBitcoins, a peer-to-peer crypto exchange, has addedtwo Elliptic blockchain-tracing tools, as it continues to become regulatory compliant.The Helsinki-based platform announced Tuesday it will use Elliptic’s Navigator risk analysis tool and Lens wallet screener to crack down on illicit crypto. The platform has been bolstering its anti-money laundering (AML) safeguards in response to the European Union’s AMLD5 and new Finnish business regulations. Recently, LocalBitcoins has suspended cash-for-crypto trading and added mandatory identity verification. Sustainable InvestmentsFasset, a fintech company headquartered in the U.K., has launched anEthereum-based operating system dedicated to the ethical financing of sustainable infrastructure.The system tokenizes investments made in sustainable infrastructure – like solar power plants, wind farms and fiber optic – and makes them tradable among global investors. By moving the entire financing process to the blockchain, the firm intends to improve liquidity in the sustainable infrastructure sector and lower barriers to entry that will enable asset owners to avoid costly middlemen and directly list their assets on exchanges. • Revolut adds Stellar to its list of supported cryptocurrencies, citing “overwhelming demand” • An Australian state treasury mulled “flexible”regulatory reform for blockchain • Blockchain project Polkadot raises $43 million in a private token sale (The Block) • Garmin confirms ransomware attack took down services (TechCrunch) • Big Tech’s power, in four numbers (Axios) Related:Blockchain Bites: Ethereum's Lifestyle Brand, Twitch's Crypto Discounts and MakerDAO's $1B Milestone CoinDesk’s Ian Allisonrecounts memories from the first Devcon,a gathering of Ethereans and other tech developers plotting the future of everything from finance to the internet. This excerpt is part of aseries of stories,live-streamed conferencesand a limited-runpop-up newsletterCoinDesk has created to celebrate Ethereum’s five year anniversary this week. Ethereum’s Devcon 1, held in London in November 2015, was like Woodstock, except perhaps with less nudity. Bankers and Big 4 consultants disguised in hoodies shared space with dreadlocked Ethereum coders, sitting cross-legged in the corners, their laptops open in front of them. Packed into a Victorian banking hall in the heart of the City of London, the audience listened as ConsenSys chief Joe Lubin predicted a new future for firms; cryptographer Nick Szabo talked about decentralization in the context of Francis Drake and the Aztecs; and chief scientist Vitalik Buterin assembled shards of the path that lay ahead. “The internet kind of sucks,” said Ethereum wallet designer Alex Van de Sande during his opening keynote. “It’s centralized, and it’s broken – but we can fix it this week.” Such was the optimism in the room. Keeping with the Woodstock motif, this moment in time possessed a kind of prelapsarian innocence: The DAO debacle and hard fork decision that followed was at least six months away, and further off still was the ICO gold rush. An earlier confab, Berlin’s Devcon 0, preceded Ethereum’s launch. In London, things were starting to get real. Bitcoin’s BounceBitcoin’sfutures trading volume recorded triple-digit growthMonday, as institutions and investors raced into a marketprimed for a bull run.Aggregate daily futures volume on major exchanges reached $43 billion, the highest single-day volume since March 13, according to data source Skew. Daily trading volume on institutional exchange CME rose 570% to a yearly high of $1.32 billion, Bakkt registered a record volume of $132 million and total open interest for all exchanges rose to $5 billion – the highest since February. Yearly Highs: Bitcoin & GoldBitcoin’s 13% price jump to 2020 highs of $11,180 on Mondaycame as the dollar’s value slides.This move was in tandem withgold’s newly set all-time high,both of which are referred to as inflation hedges. Bitcoin is up 57% year to date, more than double the 28% gain this year for gold, while the S&P is flat for the year. “Given gold has just set a new all-time high, and with bitcoin’s correlation to stocks breaking down while being replaced by a strong correlation to gold, we envisage further tests to the upside this coming week,” Diginex wrote in a report. Meanwhile, the U.S. Dollar Currency Index, a gauge of the greenback’s value versus other major currencies, has fallen for seven straight sessions. A weakening dollar “mechanically pushes up the prices of the commodities invoiced in greenbacks,” according to the Wall Street Journal. Launchpad Before LaunchEthereum developers have released a “validator launchpad” on the Medalla testnet toeducate and prepare future validators as part of a multi-stage roll out of Ethereum 2.0.The transition to a proof-of-stake consensus mechanism, the core component of Eth 2, is designed to improve the system’s scalability. According to an announcement, three phases of the roll out are planned, with the first, phase 0, focusing on the underlying tech behind staking by tracking validators and their balances. The launchpad, which comes before phase 0, will enable validators to track and deposit test stakes on the upcoming Medalla multi-client testnet. Millennial MovesMatt Luongo, CEO of Thesis, thinksmillennials are shaping the future of money.From fashion to tech, a millennial “desire for autonomy and granular choice” is now extending to finance. “For most of the past hundred years, retail finance was dominated by a small number of regional, and later national, institutions. No more: 71% of millennials would change banks based on the quality of an app, and a full third of us say we won’t need a bank at all in the future,” he writes. What Sex Workers WantCoinDesk’s Leigh Cuen and OnlyFans performer Savannah Solo talk aboutfintech and the sex industry. • Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen • Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen... - Reddit Posts (Sample): [['u/steve_m0', 'D R I F T . . . .', 20, '2020-07-29 04:44', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/', 'I have searched, never read even a mediocre reason for drift. \n\nOnly thing I could dream up is that someone is trying to get btc to have a reward change Before BCH.\n\nMaybe I am missing this, but wt#? Why the push? There has to be ulterior motives? I see absolutely ZERO benefits. Why waste any heartbeats on this?\n\n1. Has the community asked for this?\n2. Have users asked for this? \n3. Have Exchanges asked for this?\n4. Have miners asked for this?\n5. Has SLP asked for this?\n6. Does Avalanche need this?\n7. Was this on the BCH roadmap?\n8. Do BCH Smart contracts need this?\n?????\n\nEdit: Lots of discussion in this reddit about a split, split is bad. I would rather see us add this circlejerk to the upgrade than see a split.\n\nI worry this DRIFT stuff is about exactly that: creating a split.\n\nMaybe I am being harsh, I dont intend to. I know everything seems easy unless you are the one doing all the work. Not being critical of those doing all the work, just wanting to see some justification for drift. (Or drop it)\n\nAnd btw, what is the rush? The edaa has went thru 4-5 upgrades with No discussion.', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/', 'hzsmux', [['u/steve_m0', 15, '2020-07-29 05:27', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/fzl3dwv/', 'Something does not pass the sniff test?\nAsk questions?\n\nAnswer: "your a troll"', 'hzsmux']]], ['u/ImCarryGG', "[Q] any ~750$ item that didn't explode in price and is stable?", 12, '2020-07-29 05:51', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/', 'So yea sold everything and want to buy a glove, knife any thing to maybe cashout or maybe keep it as investment\n\nAlso is there a better site to cash out than skins.cash?(prefer to btc with low commission and highly rated)\nTy guys and have wonderful gains!', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/', 'hztmdy', [['u/Halvv', 14, '2020-07-29 10:13', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/fzlot7d/', "St Fn Awp containment breach, also has the chance of slowly rising cuz discontinued case which doubled in price while the awp basically din't rise at all.", 'hztmdy']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, July 29, 2020', 55, '2020-07-29 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/', 'hztta5', [['u/keenumsbigballs', 27, '2020-07-29 07:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlcywj/', "If I remember anything from 2017 its that move ups happen suddenly. You could wait for days in a price channel and start to doubt your position then it just pumps and we're at a whole new price channel.", 'hztta5'], ['u/matteroll', 15, '2020-07-29 07:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzle0f2/', "It looks like it's going to be another golden cross on the hourly 🤔", 'hztta5'], ['u/biggunsg0b00m', 20, '2020-07-29 07:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlf476/', "I can't even remember what i had for breakfast", 'hztta5'], ['u/Gamm86', 10, '2020-07-29 07:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlfgsx/', 'StochRSI was reset on the 4H chart.\n\nStill high on the daily but history has shown us it can stay this high for several days in a row.\n\nThis run is most likely not done yet.', 'hztta5'], ['u/intertron', 11, '2020-07-29 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlhe5e/', 'Daily gilded, prepare for takeoff.', 'hztta5'], ['u/Buckyboycoin', 10, '2020-07-29 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlhgh6/', 'Anyway. 11.2 and 12.5 are the next we focus on', 'hztta5'], ['u/Tao_Jonez', 13, '2020-07-29 09:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlm0mr/', "The economic conditions that inspired the creation of Bitcoin in 2009 are still with us, and have only gotten worse. The debt-based fiat money system is going to implode; exactly how and when, we don't know. But Bitcoin is going to party all the way to a new ATH.", 'hztta5'], ['u/cryptokeeper1981', 33, '2020-07-29 09:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlmq68/', 'I just recieved an email from ledger warning of a database breach. User names and addresses were exposed. This is not something nice to read:', 'hztta5'], ['u/HanumanTheHumane', 17, '2020-07-29 09:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlmrss/', 'Resistance was 10500, not 10k. We retested it yesterday.', 'hztta5'], ['u/33virtues', 11, '2020-07-29 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzloofc/', 'I care a lot. Will never buy another Ledger product after this.', 'hztta5'], ['u/CirclejerkBitcoiner', 11, '2020-07-29 10:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzloy4g/', "Seems like it's retards hour in here. Unfortunately this is huge and leaves a very bad taste in my mouth. For now i can still hope i'm not in the affected subset of customer data.", 'hztta5'], ['u/cryptokeeper1981', 13, '2020-07-29 11:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlsg7s/', 'It does...', 'hztta5'], ['u/throw39284725', 17, '2020-07-29 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlt4ru/', "You're naive if you still believe Tether is pumping this market without actual funds inflow. \n\nWhy is it so hard to imagine that there is actual USD demand for Tether?", 'hztta5'], ['u/aeronbuchanan', 18, '2020-07-29 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlt6ei/', 'Given that a huge proportion of fiat on-ramps involve tether, why is it so hard to believe that this minting is simply a measure of fiat in-flow to crypto markets? There is no need to resort to massive conspiracy theory pump-n-dump price manipulation ideas to explain tether minting. This "manipulation" is actually the very crypto demand most in the ecosystem crave.', 'hztta5'], ['u/amiblue333', 12, '2020-07-29 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlw07i/', 'More Tether @whale_alert: 💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 300,000,000 #USDT (299,651,480 USD) minted at Tether Treasury', 'hztta5'], ['u/aeronbuchanan', 12, '2020-07-29 12:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzly2wi/', '> pump n dump loop ..\n> hf & keep on wondering\n> edit: basically this sums it up imho:\n\nYou did more than just "point it out" - you equated it to a unicorn shitting rainbow poo and suggested that it\'s all some pump-n-dump conspiracy. That\'s what you got down voted for. FWIW I didn\'t downvote you.', 'hztta5'], ['u/aeronbuchanan', 18, '2020-07-29 12:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzly9hi/', 'Given that tether is a major part of fiat on-ramps, it\'s more than likely that tether minting is actually just a real signal of the "organic demand" you referred to. No need for any complicated conspiracy theory explanations.', 'hztta5'], ['u/GrossBit', 11, '2020-07-29 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlyyvp/', 'Excellent method for losing your btc', 'hztta5'], ['u/Danny_Lunchbox', 16, '2020-07-29 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm35iz/', 'BTC = $ 11111\n\nMake a wish...', 'hztta5'], ['u/CryptoDaSupaDawg', 15, '2020-07-29 14:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm3bfk/', "I wish that had at least three more 1's.", 'hztta5'], ['u/Longlang', 33, '2020-07-29 14:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm3sov/',... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['It’s was a busier start to the day on theeconomic calendar. The Kiwi Dollar and the Japanese Yen were in action in the early part of the day.\nAway from the economic calendar, COVID-19 and the U.S stimulus package remained in focus following the FED’s overnight monetary policy decision.\nAccording to figures at the time of writing, thenumber of new coronavirus casesrose by 287,638 to 17,171,292 on Wednesday. On Tuesday, the number of new cases had risen by 241,391. The daily increase was higher than Tuesday’s rise while down from 288,688 new cases from the previous Wednesday.\nGermany, Italy, and Spain reported 3,179 new cases on Wednesday, which was up from 2,602 new cases on Tuesday. On the previous Wednesday, 2,217 new cases had been reported.\nFrom the U.S, the total number of cases rose by 69,828 to 4,498,209 on Wednesday. On Tuesday, the total number of cases had increased by 64,799. On Wednesday, 22ndJuly, a total of 72,306 new cases had been reported.\nBuilding consents and July business confidence figures provided the Kiwi Dollar with direction early on.\nAccording toNZ Stats, building consents rose by 0.50% in June, following a 41.7% jump in May. While up marginally for the month, consents were up by close to 20% from June 2019.\nThe Kiwi Dollar moved from $0.66681 to $0.66657 upon release of the data.\nIn July, the ANZ Business Confidence Index rose from -34.4 to -31.8.\nAccording to the latestANZ Report,\n• A net 9% of firms expect weaker economic activity in their own business, rising from -26% in June.\n• The retail sector drove the recovery, while the agriculture sector was the most negative.\n• 31% of firms say they intend to lay off staff, and 24% say they have less staff than a year ago.\nThe Kiwi Dollar moved from $0.66649 to $0.66570 upon release of the figures. At the time of writing, theKiwi Dollardown by 0.18% to $0.6657.\nAccording to theMinistry of Economy, Trade, and Industry, retail sales fell by 1.20%. Economists had forecast a 6.50% slide. In May retail sales had tumbled by 12.3% in May, year-on-year.\nThe Japanese Yen moved from ¥105.012 to ¥105.008 upon release of the figures. At the time of writing, theJapanese Yenwas down by 0.14% to ¥105.07 against the U.S Dollar.\nAt the time of writing, theAussie Dollarwas up by 0.18% to $0.7175.\nIt’s a busy day ahead on theeconomic calendar. Key stats include 2ndquarter GDP and July unemployment figures from Germany.\nThe Eurozone’s unemployment rate and German prelim July inflation figures for July are also due out. The numbers will likely have a muted impact on the EUR.\nExpect the GDP and July unemployment figures to be the key driver, along with COVID-19 news and U.S stimulus package updates.\nAt the time of writing, theEURwas down 0.17% to $1.1772.\nIt’s yet another particularly quiet day ahead on theeconomic calendar. There are no material stats due out of the UK to provide the Pound with direction.\nA lack of stats will continue to leave the Pound in the hands of Brexit and market risk sentiment.\nAt the time of writing, thePoundwas down by 0.13% to $1.2980.\nIt’s another relatively busy day ahead for the U.S Dollar. 2ndquarter GDP and weekly initial jobless claims figures are due out.\nWhile we can expect influence from the GDP numbers, the weekly jobless claims could garner more attention. Another rise in claims will test the market’s resolve.\nAway from the calendar, the U.S stimulus package and COVID-19 will remain in focus.\nAt the time of writing, theDollar Spot Indexwas down by 0.10% to 93.357.\nIt’s another particularly quiet day ahead on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction.\nA lack of stats will leave the Loonie in the hands of market risk sentiment that will be driven by geopolitics and COVID-19.\nAt the time of writing, theLooniewas down by 0.05% to C$1.3346 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – The Movers and Shakers – July 30th, 2020\n• S&P 500 Price Forecast – Stock Markets Continue to Climb in General\n• Crude Oil Price Forecast – Crude Oil Markets Continue Sideways March\n• Trump, the Polls, and that Glimmer of Hope\n• Is it a Good Time to Buy Bitcoin?\n• Technical Patterns, Future Expectations and More – Part II', 'Earlier in the Day: It’s was a busier start to the day on the economic calendar . The Kiwi Dollar and the Japanese Yen were in action in the early part of the day. Away from the economic calendar, COVID-19 and the U.S stimulus package remained in focus following the FED’s overnight monetary policy decision. Looking at the latest coronavirus numbers According to figures at the time of writing, the number of new coronavirus cases rose by 287,638 to 17,171,292 on Wednesday. On Tuesday, the number of new cases had risen by 241,391. The daily increase was higher than Tuesday’s rise while down from 288,688 new cases from the previous Wednesday. Germany, Italy, and Spain reported 3,179 new cases on Wednesday, which was up from 2,602 new cases on Tuesday. On the previous Wednesday, 2,217 new cases had been reported. From the U.S, the total number of cases rose by 69,828 to 4,498,209 on Wednesday. On Tuesday, the total number of cases had increased by 64,799. On Wednesday, 22 nd July, a total of 72,306 new cases had been reported. For the Kiwi Dollar Building consents and July business confidence figures provided the Kiwi Dollar with direction early on. According to NZ Stats , building consents rose by 0.50% in June, following a 41.7% jump in May. While up marginally for the month, consents were up by close to 20% from June 2019. The Kiwi Dollar moved from $0.66681 to $0.66657 upon release of the data. In July, the ANZ Business Confidence Index rose from -34.4 to -31.8. According to the latest ANZ Report , A net 9% of firms expect weaker economic activity in their own business, rising from -26% in June. The retail sector drove the recovery, while the agriculture sector was the most negative. 31% of firms say they intend to lay off staff, and 24% say they have less staff than a year ago. The Kiwi Dollar moved from $0.66649 to $0.66570 upon release of the figures. At the time of writing, the Kiwi Dollar down by 0.18% to $0.6657. Story continues For the Japanese Yen According to the Ministry of Economy, Trade, and Industry , retail sales fell by 1.20%. Economists had forecast a 6.50% slide. In May retail sales had tumbled by 12.3% in May, year-on-year. The Japanese Yen moved from ¥105.012 to ¥105.008 upon release of the figures. At the time of writing, the Japanese Yen was down by 0.14% to ¥105.07 against the U.S Dollar. Elsewhere At the time of writing, the Aussie Dollar was up by 0.18% to $0.7175. The Day Ahead: For the EUR It’s a busy day ahead on the economic calendar . Key stats include 2 nd quarter GDP and July unemployment figures from Germany. The Eurozone’s unemployment rate and German prelim July inflation figures for July are also due out. The numbers will likely have a muted impact on the EUR. Expect the GDP and July unemployment figures to be the key driver, along with COVID-19 news and U.S stimulus package updates. At the time of writing, the EUR was down 0.17% to $1.1772. For the Pound It’s yet another particularly quiet day ahead on the economic calendar . There are no material stats due out of the UK to provide the Pound with direction. A lack of stats will continue to leave the Pound in the hands of Brexit and market risk sentiment. At the time of writing, the Pound was down by 0.13% to $1.2980. Across the Pond It’s another relatively busy day ahead for the U.S Dollar. 2 nd quarter GDP and weekly initial jobless claims figures are due out. While we can expect influence from the GDP numbers, the weekly jobless claims could garner more attention. Another rise in claims will test the market’s resolve. Away from the calendar, the U.S stimulus package and COVID-19 will remain in focus. At the time of writing, the Dollar Spot Index was down by 0.10% to 93.357. For the Loonie It’s another particularly quiet day ahead on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction. A lack of stats will leave the Loonie in the hands of market risk sentiment that will be driven by geopolitics and COVID-19. At the time of writing, the Loonie was down by 0.05% to C$1.3346 against the U.S Dollar. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – The Movers and Shakers – July 30th, 2020 S&P 500 Price Forecast – Stock Markets Continue to Climb in General Crude Oil Price Forecast – Crude Oil Markets Continue Sideways March Trump, the Polls, and that Glimmer of Hope Is it a Good Time to Buy Bitcoin? Technical Patterns, Future Expectations and More – Part II', 'The swing trade took one month to play out and we had to sit through a lot of noise, but the price structure never turned bearish, even though it appeared questionable at times.\nThe question everyone is asking: now a good time to buy? And in terms of our long-only swing trade strategy, the answer is NO. Why not? It looks strong now? The risk of retrace after such a move is very high. This is NOT a location that offers attractive reward/risk, even though price appears to be pushing higher.\nNow that we are out of our position, we WAIT for the next long setup and this begins with first anticipating an inflection point. At the moment, that point is the 10,400 area. This is the previous range resistance, which is now likely to act as a new support. IF price can retrace to this area, and produce a setup, we will be prompted to share a new swing trade idea. It may find support sooner, but only price action can provide the evidence and there is nothing at the moment except for vertical candles.\nThis is Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $201,506,362,631 - Hash Rate: 113062072.092113 - Transaction Count: 327789.0 - Unique Addresses: 689993.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After thelargest options expiryin history, bitcoin ended its fifth week of bouncing around the $9,000s price range. Bitcoin(BTC) was trading around $9,180 as of 20:00 UTC (4 p.m. ET), slipping almost 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 p.m. Thursday ET), bitcoin was changing hands around $9,300 on spot exchanges such as Bitstamp. After putting in the Friday high of $9,291, bitcoin failed to rally from Thursday’s sell-off to $8,990 from $9,650 and continued to trade hands between $9,000 and $9,200. Related:First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing) Trading volume on Thursday was only slightly lower than Wednesday, the two largest trading days for Coinbase spot bitcoin volume at $126 million and $124 million respectively. For Friday, volume on Coinbase is at $84 million, according toSkew. Friday’s slight drop in volume is unsurprising given its price action since early Thursday. In addition to the large bitcoin options expiry, Thursday is statistically the most volatile weekday with the largest trading volume, according to research by cryptocurrency data firmMarket Science. Friday volume and volatility generally tapers off, leading into a quiet weekend for the crypto market. See also:A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a Knock Bitcoin continues to outperform the S&P 500, and is 21 percentage points higher for the year to date over the leading equities index. But the tight correlation between bitcoin and traditional markets is unlikely to break anytime soon. “Bitcoin will likely remain highly correlated with stocks until a more stable environment is established,” said Joseph Todaro, managing partner at Blocktown Capital. Related:Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months To some analysts, the bellwether cryptocurrency’s inability to break above $10,000 signals a potential loss of bullish momentum. After multiple attempts, Bitcoin not breaking $10,000 “shows how weak it is at the moment,” said João Leite, lead analyst at cryptocurrency research firm Blockfyre, speaking of buying interest in bitcoin. Meanwhile, major stock indices are mostly down on Friday. The Nikkei 225 of publicly traded companies in Japan opened 0.6% higher than Thursday’s close and gained almost 0.4% during Friday’s trading hours. The index’s gains come despiteU.S. markets’ fears over an ongoing spike in coronavirus cases. The FTSE 100 index in Europe dropped roughly more than 1% from its daily open at the time of publishing. Since Monday, the index dropped roughly 2 percent. The U.S. S&P 500 index fell more than 2% on Friday at the time of publication. A recentsurge in coronavirus cases in many statesis likely the cause for the market giving back gains from Thursday, when the index climbed 1.3 percent. See also:Summer 2020 Is Funding Season for Open-Source Bitcoin Development Ether, (ETH) the second-largest cryptocurrency by market capitalization, was up down 1.5% Friday, trading around $229 and after dropping 10% in 24 hours on Wednesday and staying below $235 on Thursday, according to trading on BitMEX. The ether sell=off and relatively flat price action in the second half of the week could be the beginning of a correction amidst the on-going speculative fervor over “yield farming” in the decentralized finance ecosystem of cryptocurrency applications. According to Darren Lau, market research analyst at CoinGecko, it seems like “everyone is making money right now, and it has been easy.” But to him, it’s getting “too easy” and a correction could be imminent.It could be more than a price drop, however, Lau added. If the “yield farming” trend fades as the price of ether drops, “how many farms are going to collapse too,” he asked. Answering his own question, Lau said he expects “a bigger chain reaction thanBlack Thursday” due to the close interlocked nature of every decentralized finance application. Digital assets relevant to decentralized finance investors were mostly higher on Friday. Augur (REP) climbed 3%, synthetix (SNX) climbed 3.3%, nexo (NEXO) climbed nearly 5% and 0x (ZRX) climbed more than 6 percent, according to market data fromMessari. All price changes were as of 20:00 UTC (4:00 p.m. ET). See also:The COVID-19 E-Commerce Boom Hasn’t Trickled Down to Bitcoin, Despite Advantages In commodities, gold recovered to a daily gain 0.15% after dropping more than 1% during afternoon trading hours. The yellow metal is trading around $1,768 as of 20:00 UTC (4:00 p.m. ET). • Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K • Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following on from a 1.70% gain on Wednesday, Bitcoin ended the day at $11,123.0.\nA bearish start to the day saw Bitcoin fall to an early afternoon intraday low $10,855.8 before making a move.\nFinding support at the first major support level at $10,852, Bitcoin rose to a late high $11,186.1.\nFalling well short of the first major resistance level at $11,380, Bitcoin fell back to sub-$11,100 levels and into the red.\nFinding late support, however, Bitcoin move struck a final hour intraday high $11,188 before easing back.\nIn spite of the pullback, Bitcoin closed out the day in the green.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Thursday.\nEthereum rallied by 5.39% to lead the way.\nBitcoin Cash ABC (+2.43%), Bitcoin Cash SV (+1.52%), Litecoin (+2.92%), Monero’s XMR (+2.58%), and Stellar’s Lumen (+1.72%) also found strong support.\nBinance Coin (+0.55%), Cardano’s ADA (+0.62%), EOS (+0.90%), Ripple’s XRP (+0.36%), Tezos (+0.90%), and Tron’s TRX (+0.32%) tailed the front runners.\nIn the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $321.79bn.\nBitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.58.\nAt the time of writing, Bitcoin was down by 0.16% to $11,105.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,149.3 before falling to a low $11,100.3.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (+0.51%), Monero’s XMR (+0.22%), and Tezos (+0.01%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, with Bitcoin Cash SV down by 0.58% to lead the way down.\nBitcoin would need to avoid a fall through the $11,056 pivot to support a run at the first major resistance level at $11,255.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $11,189.2.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,388.\nFailure to avoid a fall through the $11,056 pivot level would bring the first major support level at $10,923 into play.\nBarring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels and the second major support level at $10,723.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Market Pulls Back to Support\n• European Equities: Economic Data, Earnings, and U.S Stimulus in Focus\n• Natural Gas Price Prediction – Prices Drop Following Inventory Report\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3238.00, Weakens Under 3194.75\n• USD/CAD Daily Forecast – Canadian Dollar Loses Ground As WTI Oil Dips Below $40\n• Crude Oil Price Forecast – Crude Oil Markets Selloff', 'Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following on from a 1.70% gain on Wednesday, Bitcoin ended the day at $11,123.0. A bearish start to the day saw Bitcoin fall to an early afternoon intraday low $10,855.8 before making a move. Finding support at the first major support level at $10,852, Bitcoin rose to a late high $11,186.1. Falling well short of the first major resistance level at $11,380, Bitcoin fell back to sub-$11,100 levels and into the red. Finding late support, however, Bitcoin move struck a final hour intraday high $11,188 before easing back. In spite of the pullback, Bitcoin closed out the day in the green. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Ethereum rallied by 5.39% to lead the way. Bitcoin Cash ABC (+2.43%), Bitcoin Cash SV (+1.52%), Litecoin (+2.92%), Monero’s XMR (+2.58%), and Stellar’s Lumen (+1.72%) also found strong support. Binance Coin (+0.55%), Cardano’s ADA (+0.62%), EOS (+0.90%), Ripple’s XRP (+0.36%), Tezos (+0.90%), and Tron’s TRX (+0.32%) tailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $321.79bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.58. This Morning At the time of writing, Bitcoin was down by 0.16% to $11,105.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,149.3 before falling to a low $11,100.3. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.51%), Monero’s XMR (+0.22%), and Tezos (+0.01%) bucked the trend early on. Story continues It was a bearish start for the rest of the majors, with Bitcoin Cash SV down by 0.58% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,056 pivot to support a run at the first major resistance level at $11,255. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $11,189.2. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,388. Failure to avoid a fall through the $11,056 pivot level would bring the first major support level at $10,923 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels and the second major support level at $10,723. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Market Pulls Back to Support European Equities: Economic Data, Earnings, and U.S Stimulus in Focus Natural Gas Price Prediction – Prices Drop Following Inventory Report E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3238.00, Weakens Under 3194.75 USD/CAD Daily Forecast – Canadian Dollar Loses Ground As WTI Oil Dips Below $40 Crude Oil Price Forecast – Crude Oil Markets Selloff', '(Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones. In an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts. Forty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded. Read more: Twitter’s Security Woes Included Broad Access to User Accounts Bloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt to gain access to user-support tools. The company required employees to take an online security training course last week, which covered a number of phishing techniques including phone calls, people familiar with the matter said. The company continues to operate with “significantly limited access” to its internal tools and systems as a precautionary measure two weeks after the hack, the company said. “Until we can safely resume normal operations, our response times to some support needs and reports will be slower,” the company said in a series of update tweets. “We’re accelerating several of our pre-existing security workstreams and improvements to our tools.” As the U.S. president’s go-to social media platform, Twitter bears additional responsibility for ensuring that its security protocols are robust. While Donald Trump’s account was not among those compromised in the July hack, his Democratic opponent in the upcoming November election, former vice president Joe Biden, was. Twitter’s latest communication acknowledges “how important each person on our team is in protecting our service. We take that responsibility seriously and everyone at Twitter is committed to keeping your information safe.” Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones.\nIn an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts.\nForty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded.\nRead more: Twitter’s Security Woes Included Broad Access to User Accounts\nBloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt 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: 2020-07-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $207,877,132,741 - Hash Rate: 128137015.037728 - Transaction Count: 356906.0 - Unique Addresses: 733209.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: With bitcoin looking heavy this week, short-term sentiment in the options market has flipped bearish. The leading cryptocurrency by market value fell to $9,070 soon before press time, reversing the 2.5% rise to $9,450 seen last week, according to CoinDesks Bitcoin Price Index . Prices are now closing on the lower end of the multi-week-long trading range of $9,000$10,000. Reflecting the downward trend, the one-month put-call skew for bitcoin options, a metric that measures the price of (bearish) put options relative to (bullish) call options, has risen to 4.9%, according to data provided by crypto derivatives research firm Skew. The positive number indicates short-term put options are drawing higher prices than calls. Traders, the data suggests, are making speculative bets to the downside or are hedging against a potential bearish move (that is, buying puts against long positions in the spot market), Shaun Phoon, senior trader at QCP Capital, told CoinDesk. The one-month skew was hovering at lows below -7% a week ago, indicating stronger demand for call options a sign of bullish bias in the options market. While the one-month skew is now more bearish, the six-month skew remains below zero or bullish. Demand for call options expiring in December is still higher than that for puts. The three-month skew is hovering in the neutral zone near 0%. Also read: Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze Disclosure: The author holds no cryptocurrency assets at the time of writing. Related Stories Bitcoin Option Traders Now Betting on Short-Term Price Drop Bitcoin Option Traders Now Betting on Short-Term Price Drop Bitcoin Option Traders Now Betting on Short-Term Price Drop Bitcoin Option Traders Now Betting on Short-Term Price Drop... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago.\n• Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017.\n• Bitcoin futures on CME closed July at $11,620.\n• Bitcoin gained 24% in July, according toMessari, a relief to bullish traders after a 3% loss in June.\n• Bitcoin’s investor base is “highly favorable” for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder ofDelphi Digital.\n• “The supply on exchanges is close to 12-month lows,” said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin’s supply that has not moved in the past year is at all-time highs, he added.\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago.\n• Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017.\n• Bitcoin futures on CME closed July at $11,620.\n• Bitcoin gained 24% in July, according toMessari, a relief to bullish traders after a 3% loss in June.\n• Bitcoin’s investor base is “highly favorable” for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder ofDelphi Digital.\n• “The supply on exchanges is close to 12-month lows,” said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin’s supply that has not moved in the past year is at all-time highs, he added.\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency\x92s all-time high nearly two-and-a-half years ago. Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017. Bitcoin futures on CME closed July at $11,620. Bitcoin gained 24% in July, according to Messari , a relief to bullish traders after a 3% loss in June. Bitcoin\x92s investor base is \x93highly favorable\x94 for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder of Delphi Digital . \x93The supply on exchanges is close to 12-month lows,\x94 said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin\x92s supply that has not moved in the past year is at all-time highs, he added. Related Stories Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,440. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,710. Failure to move through the $11,260 pivot level would bring the first major support level at $11,080 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels and the second major support level at $10,810. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Continue to Grind Through Earnings Season Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself US Stock Market Overview – Stocks Close Higher to Close out the Month on an Up Note E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Major Support 25938, Resistance 26608 European Equities: A Week in Review – 01/08/20 European Equities: A Month in Review – July 2020', 'Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $207,877,132,741 - Hash Rate: 114737065.752737 - Transaction Count: 296705.0 - Unique Addresses: 644333.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The likelihood of bitcoin challenging record highs by the end of the year may have have increased with the cryptocurrency’s violation of major price resistance – but don’t raise your hopes too high just yet. Bitcoin jumped above $10,300 on Sunday, breaching the resistance of a trendline falling from the December 2017 to June 2019 highs. Following the bullish move, the options market now shows a 7% probability of bitcoin rising to the historical 2017 all-time high of $20,000 before year’s end, according to data from crypto derivatives analytics firm Skew . The number had dropped to 4% a week ago with short-term implied volatility, a gauge of the market’s expectations for bitcoin’s future volatility, falling to record lows. “Options market is repricing quickly the probability of [new highs] by the end of the year, from 4 to 7% over the last week,” Skew CEO Emmanuel Goh told CoinDesk in a Telegram Chat. However, the odds remain below 10%, meaning traders believe a rally to $20,000 is unlikely to happen this year. That’s because market participants “as yet remain unconvinced that this short-term rise in volatility will extend into year-end,” said Shaun Phoon, a trader at QCP Capital. The one-month implied volatility metric – the market’s expectation of how volatile bitcoin will be over the next 30 days – has risen from 48% to 64% with Sunday’s price breakout. However, longer-term price volatility expectations remain depressed. Six-month implied volatility has registered a meager rise from 65% to 68% over the past three days and remains below the lifetime average of 76%. Implied volatility has a positive impact on option probabilities: that is, when implied volatility rises, bitcoin is more likely to reach a certain level before a specific date. Bitcoin’s price is currently trading at $10,290, representing over 3% gains on the day. Disclosure: The author holds no cryptocurrency at the time of writing . Related Stories Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests... - Reddit Posts (Sample): [['u/CardiacLover', 'Does using my own phone number for verification link my name to the transaction at a Bitcoin atm?', 32, '2020-08-01 00:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/', 'Pretty sure the answer is yes but just making sure', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/', 'i1gnpm', [['u/businessguy123', 11, '2020-08-01 04:50', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/fzy4tcg/', 'Just download one of those free texting apps and use one of those disposable numbers that what I do. Or here in the U.S. u can buy like an AT&T go phone for like $10 and put little airtime on it and create an account with a fake name and info and activate on your own from home (not in store) if you trying to keep your identity secret. May want to use vpn or tor browser as well to activate it online', 'i1gnpm']]], ['u/PelotonMod', '[Race Thread] Strade Bianche WE (1.WWT)', 35, '2020-08-01 01:37', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/', "\|Date\|From > To\|Length\|Type\|Finish\|Arrival\|\n\|-\|-\|-\|:-\|:-\|:-\|\n\|August 1^st\|[Siena › Siena](https://www.strade-bianche.it/wp-content/uploads/2016/02/SB20_ME_plan_jpg.jpg?v=4429)\|136km\|[Hilly + gravel](https://www.strade-bianche.it/en/percorso/)\| [Uphill](https://www.procyclingstats.com/images/profiles/ap/bf/strade-bianche-we-2020-result-finish-n2-d4762762d4.png) \|[c.a ~ 16:00 CEST](https://www.strade-bianche.it/wp-content/uploads/2020/07/Programma-Strade-Bianche-WE-2020-ITA-ENG-new.pdf) / 15:00 BST (14:00 UTC) \|\n\n\|\|\|\n\|-\|-\|\n\|Information\| [Official Site](https://www.strade-bianche.it/en/) / [Startlist](https://www.strade-bianche.it/wp-content/uploads/2020/07/SBWE20_Starters.pdf) / [Weather](https://www.windfinder.com/#10/43.3307/11.2994/2020-08-01T21:00Z)\n\|Live Trackers\| [Official Twitter](https://twitter.com/StradeBianche) / [Cyclingnews ticker](http://live.cyclingnews.com/)\n\|Previews\| [Cycling News](https://www.cyclingnews.com/races/strade-bianche-women-2020/preview/) / [Pro Cycling UK](https://www.procyclinguk.com/womens-strade-bianche-2020-preview-tips-contenders-profile/) / [Cycling Tips](https://cyclingtips.com/2020/07/preview-your-guide-to-the-2020-womens-strade-bianche/)\n\|TV\| RAI / L'Equipe / Fubo / Flosports / \n\|Streams\| GCN app / Tiz / Race Coverage starts at 15:00 CEST / 14:00 BST (13:00 UTC)\n\n---\n\n\|Participating Teams\|\n\|---- \|\n\| Mitchelton Scott (x), Ale BTC Ljubljana (1x), Aromitalia- Basso Bikes- Vaiano (2x), Astana Women's Team (3x), Bepink (4x), Boels Doelmans Cycling Team (5x), Canyon Sram Racing (6x), CCC- Liv (7x), Ceratizit- WNT Pro Cycling Team (8x), Cogeas Mettler Look Pro Cycling Team (9x), Equipe Paul Ka (10x), Eurotarget-Bianchi- Vittoria (11x), FDJ Nouvelle- Auitaine Fururoscope (12x), Lotto Soudal Ladies (13x), Movistar Team Women (14x), Parkhotel Valkenburg (15x), Servetto- Piumate- Beltrami TSA (16x), Team Sunweb (17x), Team Tibco-Silicon Valley Bank (18x), Top Girls Fasso Bartolo (19x), Trek Segafredo (20x), Valcar- Travel and Service (21x) \n \n\n* For a live chat way to discuss/follow the race we [have a discord too](https://discord.gg/Nd5sZn)!", 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/', 'i1i4vo', [['u/Sappert', 11, '2020-08-01 01:42', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzxkwpt/', 'hype', 'i1i4vo'], ['u/Kjaerfps', 11, '2020-08-01 03:56', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzxziwn/', 'Either a very early race thread or a very late one.', 'i1i4vo'], ['u/wolfpackiaaw', 17, '2020-08-01 05:54', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyap8z/', 'How embarrassing! Disregard', 'i1i4vo'], ['u/rjbman', 24, '2020-08-01 06:41', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyesz0/', "mvdp just can't pass up a chance to win!", 'i1i4vo'], ['u/TwistedWitch', 12, '2020-08-01 09:45', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyrimx/', '[Trek segafredo have had their bikes stolen !](https://twitter.com/TrekSegafredo/status/1289457949509910528?s=19)', 'i1i4vo'], ['u/epi_counts', 13, '2020-08-01 13:41', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzz4yrb/', 'Good news: [the riders are on the slowest time schedule](https://twitter.com/petervdveen/status/1289525575191683072) which means more of the finale will be televised!', 'i1i4vo'], ['u/nalc', 12, '2020-08-01 15:00', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzahui/', "Looks like Tiz is starting the stream at 10 past the hour. I'll be watching on mute. The 2043 Strade Bianche WE winner just fell asleep after being fussy all morning.", 'i1i4vo'], ['u/HerHor', 15, '2020-08-01 15:21', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzc8yu/', '[KM 136 - 25: race start, first live images; M. Garcia Canellas \$ESP, ALE\$ in front; chase group of 10](https://streamable.com/78bgjg)', 'i1i4vo'], ['u/Avila99', 12, '2020-08-01 15:33', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzd9lx/', 'His intentions were well, I guess.', 'i1i4vo'], ['u/25mieke', 15, '2020-08-01 15:39', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzdru7/', 'A sudden Van Vleuten appears', 'i1i4vo'], ['u/epi_counts', 10, '2020-08-01 15:39', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzds47/', "Hand clocked the difference - it's 2:25 between Garcia and the first chasing group (clocked when they arrived on the bigger road).", 'i1i4vo'], ['u/25mieke', 10, '2020-08-01 15:43', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzze3nr/', 'Handclocked about 1:30 gap between Garcia and chasers (start of the last sector)', 'i1i4vo'], ['u/MacJokic', 19, '2020-08-01 15:46', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzed03/', 'Good to see the timekeepers are already in prime giro form, after such a long break.', 'i1i4vo'], ['u/MacJokic', 19, '2020-08-01 16:01', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzfsrd/', "Garcia's corners are atrocious.", 'i1i4vo'], ['u/Avila99', 13, '2020-08-01 16:06', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzgch7/', 'Kudos to Garcia. Amazing race.', 'i1i4vo'], ['u/DeboEyes', 12, '2020-08-01 16:07', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzgg45/', 'First place among mortals for Garcia.', 'i1i4vo']]], ['u/georgedonnelly', 'Bitcoin Cash ForkDay Anniversary Mega-Thread', 45, '2020-08-01 01:42', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/', "Saturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.\n\nLet's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.\n\nPlease post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.", 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/', 'i1i7fu', [['u/georgedonnelly', 12, '2020-08-01 01:43', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzxl293/', 'Watch the conference from 05:30 UTC / 07:30 CEST / 13:30 GMT+8 / 22:30 PDT (-1) for 17 hours of content: http://2020.bitcoincash.org/\n\nAnd there is a meme contest: https://read.cash/@georgedonnelly/meme-contest-for-bch-forkday-2020-58b0c0b8', 'i1i7fu'], ['u/tcrypt', 10, '2020-08-01 01:58', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzxmx42/', "Great work everyone who helped put this together! I know George especially was doing a ton to prepare. Good luck to all the speakers and I can't wait to see you all there!", 'i1i7fu'], ['u/BitcoinXio', 11, '2020-08-01 04:03', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzy07dz/', 'Awesome, thanks George. I’m going to sticky this so we can begin the celebrations! :))', 'i1i7fu'], ['u/Justin_Other_Bot', 15, '2020-08-01 04:30', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzy2tdi/', "Starting on a good note. Here's to another year of censorship free p2p electronic cash.", 'i1i7fu']]], ['u/ollreiojiroro', 'Help: Private Key Leakge caused by reusing BTC addresses, what does that mean??', 15, '2020-08-01 01:44', 'https://www.reddit.com/r/ledgerwallet/comments/i1i8pw/help_private_key_leakge_caused_by_reusing_btc/', "Hi u/btchip a guy in this thread mentioned that reusing same BTC addresses could make reingeneering of the private key possible and people should avoid that, https://www.reddit.com/r/ledgerwallet/comments/hzgaky/ledgers_apps_have_read_access_to_private_key/fzn7t5o/?context=3\n\nHe says it has to do with the BTC protocol's cryptography or sth like that...every time you use the same address you are leaking some info about your private key.\n\n\n> 1) How many times reusing the same BTC address would make reingeneering of the key possible? Is there ANY estimation experts did on this topic in the past? Just one or two times reusing would be enough to deem your private key as insecure?\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: ['Bitcoin, BTC to USD, rallied by 4.01% on Saturday. Following a 2.04% gain on Friday, Bitcoin ended the day at $11,804.7.\nA bearish start to the day saw Bitcoin fall to an early morning intraday low $11,227 before making a move.\nSteering clear of the first major support level at $11,080, Bitcoin rallied to a late intraday high $11,843.0.\nBitcoin broke through the first major resistance level at $11,530 and the second major resistance level at $11,710.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nEthereum (+11.69%), Ripple’s XRP (+12.06%), and Stellar’s Lumen (+10.76%) led the way.\nBitcoin Cash ABC (+6.05%), Bitcoin Cash SV (+5.97%), EOS (+6.71%), Litecoin (+6.01%), Monero’s XMR (+5.94%), and Tezos (+6.87%) also found strong support.\nBinance Coin (+4.64%), Cardano’s ADA (+3.79%), and Tron’s TRX (+3.92%) trailed the front runners on the day.\nIn the current week, the crypto total market cap rose from a Monday low $285.49bn to a Saturday high $349.72bn. At the time of writing, the total market cap stood at $348.82bn.\nBitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before sliding back. At the time of writing, Bitcoin’s dominance stood at 62.69.\nAt the time of writing, Bitcoin was down by 0.04% to $11,800. A mixed start to the day saw Bitcoin fall to an early morning low $11,788 before rising to a high $11,845.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+0.09%), Ethereum (+0.45%), Monero’s XMR (+0.30%), Stellar’s Limen (+0.58%), and Tron’s TRX (+0.87%) found early support.\nIt was a bearish start for the rest of the majors, however, with Litecoin down by 0.87% to lead the way down.\nBitcoin would need to avoid a fall through the $11,625 pivot to support a run at the first major resistance level at $12,023.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,843.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,241.\nFailure to avoid a fall through the $11,625 pivot level would bring the first major support level at $11,407 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $11,009 and sub-$11,000 levels.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Upside Momentum Can Build Over 10768.75\n• European Equities: A Week in Review – 01/08/20\n• The Crypto Daily – Movers and Shakers – August 1st, 2020\n• Precious Metals Weekend Wrap-up August 1, 2020\n• U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', 'Bitcoin, BTC to USD, rallied by 4.01% on Saturday. Following a 2.04% gain on Friday, Bitcoin ended the day at $11,804.7. A bearish start to the day saw Bitcoin fall to an early morning intraday low $11,227 before making a move. Steering clear of the first major support level at $11,080, Bitcoin rallied to a late intraday high $11,843.0. Bitcoin broke through the first major resistance level at $11,530 and the second major resistance level at $11,710. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum (+11.69%), Ripple’s XRP (+12.06%), and Stellar’s Lumen (+10.76%) led the way. Bitcoin Cash ABC (+6.05%), Bitcoin Cash SV (+5.97%), EOS (+6.71%), Litecoin (+6.01%), Monero’s XMR (+5.94%), and Tezos (+6.87%) also found strong support. Binance Coin (+4.64%), Cardano’s ADA (+3.79%), and Tron’s TRX (+3.92%) trailed the front runners on the day. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Saturday high $349.72bn. At the time of writing, the total market cap stood at $348.82bn. Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before sliding back. At the time of writing, Bitcoin’s dominance stood at 62.69. This Morning At the time of writing, Bitcoin was down by 0.04% to $11,800. A mixed start to the day saw Bitcoin fall to an early morning low $11,788 before rising to a high $11,845. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.09%), Ethereum (+0.45%), Monero’s XMR (+0.30%), Stellar’s Limen (+0.58%), and Tron’s TRX (+0.87%) found early support. It was a bearish start for the rest of the majors, however, with Litecoin down by 0.87% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,625 pivot to support a run at the first major resistance level at $12,023. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,843. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,241. Failure to avoid a fall through the $11,625 pivot level would bring the first major support level at $11,407 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $11,009 and sub-$11,000 levels. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Upside Momentum Can Build Over 10768.75 European Equities: A Week in Review – 01/08/20 The Crypto Daily – Movers and Shakers – August 1st, 2020 Precious Metals Weekend Wrap-up August 1, 2020 U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated. Bitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400. Ethereum crashed from $408 to $326. By press time, the price has now recovered to about $380. Liquidations About $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M). The largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated.\nBitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400.\nEthereum crashed from $408 to $326. By press time, the price has now recovered to about $380.\nAbout $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M).\nThe largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated.\nBitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400.\nEthereum crashed from $408 to $326. By press time, the price has now recovered to about $380.\nAbout $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M).\nThe largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", 'Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.\n• The biggest cryptocurrency by market value fell from $11,969 to $10,659 in 10 minutes at 04:45 UTC, having reached an 11-month high of $12,118 at 04:00 UTC, according to CoinDesk’sBitcoin Price Index.\n• The sudden price drop has liquidated nearly $1.4 billion worth of positions across major exchanges,as noted byderivatives data provider Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $207,877,132,741 - Hash Rate: 118087053.073985 - Transaction Count: 287869.0 - Unique Addresses: 616214.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Companies to discuss crypto market infrastructure trends on joint August 5 webinar, “Building Blockchain Infrastructure: Market Maturation Issues” New York, July 28, 2020 (GLOBE NEWSWIRE) -- CrossTower , a new exchange operator founded by capital markets veterans on a mission to mainstream digital asset investing and trading, today announced quantitative digital asset hedge fund LedgerPrime as a new client. New York-based LedgerPrime, one of the most active crypto hedge funds, trades significant volumes of crypto assets on several leading derivatives and spot exchanges today, and CrossTower is now one of its preferred destinations. Founded in 2017, privately held LedgerPrime offers digital asset portfolio management, trading, investment research and data. “The addition of LedgerPrime as a client enables us to continue improving our spreads and trading volumes following our May launch,” said CrossTower Co-Founder and President Kristin Boggiano. “We’re well-aligned with LedgerPrime to support the growth of these markets by providing a high-caliber onramp for both institutional and retail traders.” LedgerPrime turned to CrossTower for its rigorous regulatory safeguards and robust technological infrastructure that hedge funds and active traders require. LedgerPrime Chief Investment Officer Shiliang Tang expects a significant pick up in interest from US institutional investors in the digital asset markets this year will continue to increase in the second half of the year, and will be supportive of Bitcoin prices in the medium to long term. “Naturally, regulated exchanges like CrossTower will play an important role in facilitating this inflow of capital,” Tang explained. “We were also attracted to CrossTower’s innovative inverted maker-taker pricing model, which we see as a crypto industry first.” Join CrossTower, LedgerPrime, and digital asset accountant and advisory firm Friedman LLC Wednesday August 5th 4pm – 5pm ET for their webinar “Building Blockchain Infrastructure: Market Maturation Issues.” Those interested can register for this free webinar here . Story continues CrossTower supports crypto-to-crypto trading in the nine most widely traded currencies: Bitcoin, Ether, LiteCoin, USDC, Bitcoin Cash, XRP, Stellar, Chainlink, Basic Attention Token and ZCash. Those interested can access the CrossTower platform here . ABOUT CROSSTOWER CrossTower is an exchange operator founded by capital markets veterans on a mission to mainstream digital asset trading and investing. We have built a multi-asset platform for institutional and individual investors with best-in-class safeguards, services and capabilities to make the next-generation financial markets a reality. CrossTower has methodically built its platform, leveraging its trading experience, technology, operational infrastructure, innovative pricing as well as regulatory and client service models, to ensure the success of the exchange at launch and well into the future. For more information, visit www.crosstower.com . ABOUT LEDGERPRIME New York-based LedgerPrime is an actively managed quantitative hedge fund deploying a market neutral, systematic investment approach targeting steady capital growth and superior risk-adjusted returns. We provide our investors a low volatility exposure to digital asset markets via quantitative and systematic strategies utilizing spot and derivative instruments. We provide consistent and predictable market liquidity in both spot and derivative instruments, ensuring high liquidity and market depth, narrow spreads, and transparent price discovery, which allow investors and participants to trade more efficiently. For more, visit www.ledgerprime.com CONTACT: Monica Van Horn CrossTower 917-446-6358 [email protected]... - Reddit Posts (Sample): [['u/pio_11', 'Buying bitcoin in canada', 13, '2020-08-02 02:14', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/', 'What exchange do you recommend to buy bitcoin in canada, and why? This if for small amounts nothing crazy. I Don’t plant to sell or trade, just buy and sit on it. (Also slowly to move off to a hard or paper wallet)\nThanks', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/', 'i22s9t', [['u/mkultrahigh', 10, '2020-08-02 02:29', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/g01euuo/', 'Shakepay', 'i22s9t']]], ['u/thats_so_over', 'What is driving the recent pump?', 19, '2020-08-02 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/', 'I’m just looking for people speculating on what’s driving the pump in eth and bitcoin.\n\nObviously it’s that more people are buying it at an increase cost but other than that;). Is it the recent halfing of btc rewards. Some other news. I’m loving it but I’m not sure what changed. \n\nAnother good answer is it’s crypto so who the f knows...', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/', 'i23lvt', [['u/SoloTheFord', 28, '2020-08-02 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g01jia5/', 'Us Economy is on the precipice of complete turmoil. Investors are running to gold and crypto. Others follow is my best guess. The us fiat is inflating rapidly so people are using crypto as a safety net and most people that notice follow. I would personally ratherhave my finances in bitcoin, eth and gold rather than a bank rn.', 'i23lvt'], ['u/F0rtysxity', 10, '2020-08-02 06:21', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g020yxa/', 'Bitcoin is not pumping in terms of real estate or gold or stocks. Just in terms of dollars. That should give you a clear enough picture.', 'i23lvt'], ['u/SoloTheFord', 12, '2020-08-02 10:24', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g02ja56/', 'I contemplated it but then slapped myself. Worst idea to take out a loan for crypto haha.', 'i23lvt']]], ['u/Siatty', 'Is multi-sig too complicated for an average user?', 15, '2020-08-02 03:18', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/', "So I'm new to bitcoin. I'm paranoid about viruses, so I set up myself a 2-2 multi-sig wallet with electrum - one sig on my PC and another on an android phone. \n\n\nHowever, this guy [https://www.youtube.com/watch?v=nRts1VWkOXQ](https://www.youtube.com/watch?v=nRts1VWkOXQ) says that multi-sig is not worth it for an average user since it's too complicated and I have a chance of loosing my funds cause I didn't set it up carefully enough. \n\nBut I don't really see how it's different from just having 2 different wallets? I have two seeds and can restore the wallets on any other device even if my phone or PC broke, right? Do I not find it difficult cause I'm too smart or am I actually too stupid and just don't understand something?", 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/', 'i23or6', [['u/jeremyisreal1', 13, '2020-08-02 03:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/g01k27f/', 'Buy a ledger. Hide the seed. Hodl. Peace of mind. \n\nResearch for a few years. You’ll be a lay expert. \n\nAnyway, by then it will be as easy to use as a Visa card with inventions in the future.', 'i23or6']]], ['u/jape_uhz', 'Am I “Dumb AF” for thinking bitcoin isn’t worth investing in?', 51, '2020-08-02 03:32', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/', 'First and foremost I am 2 weeks into stepping into investing world. So I am fully aware I am arrogant & ignorant to even say that to begin with. But I’d rather use that 11K into stocks and not 1 bitcoin. I’d appreciate clarity without harsh remarks please lol. I am open to investing into bitcoin but again 11K!!? Damn. HELP ME my mind is back and forth!', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/', 'i23vjx', [['u/iScry', 20, '2020-08-02 03:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01ltyu/', "What's more desirable, a penny stock or a google stock? Just because something is cheaper to get doesnt make it a better investment\n\nA high buy in price should actually be a positive sign that the asset you are buying is believed to have strong value.", 'i23vjx'], ['u/bitusher', 13, '2020-08-02 03:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01n9l2/', 'Look at Bitcoin as the "blue chip" , most secure , and most likely to stay around cryptocurrency that can still dramatically increase in price. Bitcoin is still a risky investment compared to many stocks but since its an uncoorelated asset class you are actually more at risk from not having at least 1-5% exposure to it in your investment portfolio of stocks . If you have 100% stocks you have an unbalanced portfolio and need to hedge in Bitcoin, land, and other investments like cash flow businesses. \n\nRead this to understand the economics of Bitcoin and why its unique - \n\nhttps://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1\n\nRead these 2 links before investing - \n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/hvr3hu/i_want_to_learn_how_to_profit_in_bitcoin/fyv0ycs/\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/\n\nAlso understand that Bitcoin isn\'t just a great investment but a very useful currency that can save you a lot of money using it - https://www.reddit.com/r/BitcoinBeginners/comments/i1coo4/proving_bitcoin_gains_for_taxes/fzwinyw/?context=3', 'i23vjx'], ['u/bluemachete11', 79, '2020-08-02 04:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01otp5/', 'You can buy fractions of a bitcoin. Buying 11k at once is not the only option. 1 BTC is divisible into 100 million sats.', 'i23vjx'], ['u/TPK001', 45, '2020-08-02 04:38', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01rh3i/', "Not too late by any means.\n\n1) Bitcoin at $11.9K has a market cap (220B) that is not too far from Apple's cash on hand (194B). \n\n2) Dollar Cost Average your way in. If you have a 3 year horizon, you'll be way ahead. $50/week, 50/month etc. pick something and stick with it. Run #s here [https://dcabtc.com/](https://dcabtc.com/)\n\n3) As Chamath puts it, think of it as schmuck insurance. You put 1-5% of your net worth in it, and someday it grows to 25%. \n\n4) If you are old enough, think of it as the internet \\~mid to late 90s . Some people (Krugman) thought it would amount to nothing, others thought it reached peak utility and so on.\n\n5) Metcalf's law of Networks is very relevant to valuing the Bitcoin network. Same methodology used on valuing Facebook. [https://www.youtube.com/watch?v=f6CJA421aUo](https://www.youtube.com/watch?v=f6CJA421aUo) \\- if this catches your interest, look @nsquaredcrypto / @canedigital and Tuur Demeester.\n\n6) RealVision is a CNBC type channel - they have many free interviews on YT. Have a look, lots of well known mainstream investors that are into Bitcoin too. Good luck.", 'i23vjx'], ['u/Barnesatron', 12, '2020-08-02 05:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01tqaa/', "Not at all, quite the opposite actually, bitcoin is an extremely volatile, high risk/high reward asset. Anyone that says otherwise is 100% lying to you.\n\nTo make sure you're aware, you do not have to buy a whole bitcoin. You can buy as little as $10 worth.", 'i23vjx'], ['u/BrugelNauszmazcer', 11, '2020-08-02 16:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g03kbvu/', 'You can also take a loan and buy 2 BTC. Because you can also buy multiples of 1 BTC.', 'i23vjx'], ['u/sarc82', 15, '2020-08-02 16:51', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g03sd1z/', "most unhelpful thing i've ever felt compelled to upvote lmao", 'i23vjx']]], ['u/ProfessorShanks', 'Let’s pressure/bully bitcoin into breaking 12k. I’ll start', 42, '2020-08-02 05:33', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/', 'You’ll NEVER hit 12k. No balls. Dip like you always do you big baby.', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/', 'i25i49', [['u/AiwaSound', 13, '2020-08-02 05:34', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/g01ww8c/', "I feel like there's gonna be some serious resistance to 12k", 'i25i49'], ['u/BitDepot', 11, '2020-08-02 09:29', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/g02ec4y/', 'This aged well.', 'i25i49']]], ['u/Panda_Procrastinator', 'I have hard evidence that bitcoin will hit $238,900 in this bull run.', 1624, '2020-08-02 05:49', 'https://www.reddit.com/r/Bitcoin/comments/i25pzk/i_have_hard_evidence_that_bitcoin_will_hit_238900/', '&#x200B;\n\nhttps://preview.redd.it/zeuqmxg5hie51.png?width=867&format=png&auto=webp&s=8b2f30c4c479b5196580cac8b29f870f6646be2b', 'https://www.reddit.com/r/Bitcoin/comments/i25pzk/i_have_hard_evidence_that_bitcoin_will_hit_238900/', 'i25pzk', [['u/MrBlancoWhite', 80, '2020-08-02 05:58', 'https://www.reddit.com/r/Bitcoin/c... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['EOS slid by 10.93% on Sunday. Reversing a 6.71% gain from Saturday, EOS ended the week up by 8.23% to $2.9409.\nIt was a choppy start to the day. EOS rose to an early morning intraday high $3.4852 before hitting reverse.\nEOS broke through the first major resistance level at $3.4029 before tumbling to an early morning intraday low $2.4884.\nThe sell-off saw EOS slide through the day’s major support levels before briefly revisiting $3.0 levels.\nEOS moved back through the third major support level at $2.7121 and the second major support level at $2.9748.\nIt was a bearish 2ndhalf of the day, however. EOS fell back through the second major support level to end the day in the deep red.\nAt the time of writing, EOS was up by 0.75% to $2.9631. A mixed start to the day saw EOS fall to an early morning low $2.9022 before rising to a high $2.9631.\nEOS left the major support and resistance levels untested early on.\nEOS would need to move through the $2.9715 pivot level to support a run at the first major resistance level at $3.4546.\nSupport from the broader market would be needed, however, for EOS to break back through to $3.40 levels.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nFailure to move through the $2.9715 pivot would bring the first major support level at $2.4578 into play.\nBarring an extended sell-off, EOS should steer well clear of the second major support level at $1.9747.\nFirst Major Support Level: $2.4578\nPivot Level: $2.9715\nFirst Major Resistance Level: $3.4546\n23.6% FIB Retracement Level: $6.62\n38% FIB Retracement Level: $9.76\n62% FIB Retracement Level: $14.82\nEthereum fell by 3.92% on Sunday. Partially reversing an 11.69% rally from Saturday, Ethereum ended the week up by 19.52% to $371.21.\nTracking the broader market, Ethereum rallied to an early morning intraday high $415.00 before hitting reverse.\nEthereum broke through the first major resistance level at $406.35 before tumbling to an early morning intraday low $325.75.\nThe selloff saw Ethereum fall through the first major support level at $356.1 before finding support.\nMore significantly, Ethereum also fell through the 38.2% FIB of $367 before the partial recovery.\nEthereum moved back through to $389 levels before falling back to end the day at sub-$380.\nAt the time of writing, Ethereum was up by 1.00% to $375.93. A mixed start to the day saw Ethereum fall to an early morning low $366.34 before rising to a high $376.63.\nWhile leaving the major support and resistance levels untested, Ethereum found support at the 38.2% FIB of $367 early on.\nEthereum would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $416.22.\nSupport from the broader market would be needed, however, for Ethereum to break out form Saturday’s high $415.00.\nBarring an extended crypto rally, the first major resistance level should cap any upside.\nA fall through the $371 pivot would bring the first major support level at $326.97 into play.\nBarring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $281.74.\nFirst Major Support Level: $326.97\nPivot Level: $371\nFirst Major Resistance Level: $416.22\n23.6% FIB Retracement Level: $257\n38.2% FIB Retracement Level: $367\n62% FIB Retracement Level: $543\nRipple’s XRP fell by 1.25% on Sunday. Following a 12.06% rally on Saturday, Ripple’s XRP ended the week up by 33.50% to $0.28764.\nA bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.3262 before hitting reverse.\nRipple’s XRP broke through the first major resistance level at $0.3071 and the second major resistance level at $0.3233.\nThe reversal saw Ripple’s XRP slide through the first major support level at $0.2653 to an intraday low $0.24158.\nSteering clear of sub-$0.24 support levels, Ripple’s XRP revisited $0.30 levels before falling back into the red.\nIn spite of the bearish day, Ripple’s XRP moved back through the first major support level to limit the loss.\nAt the time of writing, Ripple’s XRP was up by 2.95% to $0.29612. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28383 before rising to a high $0.29661.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to avoid a fall through the $0.2851 pivot to support a run at the first major resistance level at $0.3287.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from Saturday’s high $0.3262.\nBarring another broad-based crypto rally, the first major resistance level should cap any upside.\nIn the event of a breakout, Ripple’s XRP could make a run at the second major resistance level at $0.0.3698.\nFailure to avoid a fall through the $0.2851 pivot would bring the first major support level at $0.2441 into play.\nBarring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.24 levels, however.\nFirst Major Support Level: $0.24441\nPivot Level: $0.2851\nFirst Major Resistance Level: $0.3287\n23.6% FIB Retracement Level: $0.3638\n38.2% FIB Retracement Level: $0.4800\n62% FIB Retracement Level: $0.6678\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• Bitcoin and Ripple’s XRP Weekly Technical Analysis – August 3rd, 2020\n• USD Bears Increase their Bets, on Fragile Economic Macros and Potential Biden Presidency\n• Positives to Outweigh Negatives, Constructive on Stocks and Other Risk Assets: Fidelity’s Timmer\n• Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 3rd, 2020\n• The Crypto Daily – Movers and Shakers – August 2nd, 2020\n• U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', 'EOS EOS slid by 10.93% on Sunday. Reversing a 6.71% gain from Saturday, EOS ended the week up by 8.23% to $2.9409. It was a choppy start to the day. EOS rose to an early morning intraday high $3.4852 before hitting reverse. EOS broke through the first major resistance level at $3.4029 before tumbling to an early morning intraday low $2.4884. The sell-off saw EOS slide through the day’s major support levels before briefly revisiting $3.0 levels. EOS moved back through the third major support level at $2.7121 and the second major support level at $2.9748. It was a bearish 2 nd half of the day, however. EOS fell back through the second major support level to end the day in the deep red. At the time of writing, EOS was up by 0.75% to $2.9631. A mixed start to the day saw EOS fall to an early morning low $2.9022 before rising to a high $2.9631. EOS left the major support and resistance levels untested early on. For the day ahead EOS would need to move through the $2.9715 pivot level to support a run at the first major resistance level at $3.4546. Support from the broader market would be needed, however, for EOS to break back through to $3.40 levels. Barring another extended crypto rally, the first major resistance level would likely cap any upside. Failure to move through the $2.9715 pivot would bring the first major support level at $2.4578 into play. Barring an extended sell-off, EOS should steer well clear of the second major support level at $1.9747. Looking at the Technical Indicators First Major Support Level: $2.4578 Pivot Level: $2.9715 First Major Resistance Level: $3.4546 23.6% FIB Retracement Level: $6.62 38% FIB Retracement Level: $9.76 62% FIB Retracement Level: $14.82 Ethereum Ethereum fell by 3.92% on Sunday. Partially reversing an 11.69% rally from Saturday, Ethereum ended the week up by 19.52% to $371.21. Tracking the broader market, Ethereum rallied to an early morning intraday high $415.00 before hitting reverse. Ethereum broke through the first major resistance level at $406.35 before tumbling to an early morning intraday low $325.75. Story continues The selloff saw Ethereum fall through the first major support level at $356.1 before finding support. More significantly, Ethereum also fell through the 38.2% FIB of $367 before the partial recovery. Ethereum moved back through to $389 levels before falling back to end the day at sub-$380. At the time of writing, Ethereum was up by 1.00% to $375.93. A mixed start to the day saw Ethereum fall to an early morning low $366.34 before rising to a high $376.63. While leaving the major support and resistance levels untested, Ethereum found support at the 38.2% FIB of $367 early on. For the day ahead Ethereum would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $416.22. Support from the broader market would be needed, however, for Ethereum to break out form Saturday’s high $415.00. Barring an extended crypto rally, the first major resistance level should cap any upside. A fall through the $371 pivot would bring the first major support level at $326.97 into play. Barring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $281.74. Looking at the Technical Indicators First Major Support Level: $326.97 Pivot Level: $371 First Major Resistance Level: $416.22 23.6% FIB Retracement Level: $257 38.2% FIB Retracement Level: $367 62% FIB Retracement Level: $543 Ripple’s XRP Ripple’s XRP fell by 1.25% on Sunday. Following a 12.06% rally on Saturday, Ripple’s XRP ended the week up by 33.50% to $0.28764. A bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.3262 before hitting reverse. Ripple’s XRP broke through the first major resistance level at $0.3071 and the second major resistance level at $0.3233. The reversal saw Ripple’s XRP slide through the first major support level at $0.2653 to an intraday low $0.24158. Steering clear of sub-$0.24 support levels, Ripple’s XRP revisited $0.30 levels before falling back into the red. In spite of the bearish day, Ripple’s XRP moved back through the first major support level to li Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $205,993,133,500 - Hash Rate: 135674486.510536 - Transaction Count: 333753.0 - Unique Addresses: 708227.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Even as bitcoin prices languish below $10,000, North American cryptocurrency mining companies are tapping into a flurry of fresh financing from investors to pay for new equipment upgrades, bolstering the blockchain network’s resilience and reducing its reliance on Chinese operators. More than $1 billion of new bitcoin-mining computers will be purchased for North American bitcoin mining in the next two years, several people familiar with the industry told CoinDesk. That’s about five times the publicly traded mining-equipment maker Canaan’s revenue for all of 2019. You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Related:Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar “North America is not going to completely take over mining, but there is going to be growth,” Trevor Smyth, managing partner of San Francisco-based Arctos Capital, said in a phone interview. In April, Arctos funded a $1 million sale-and-leaseback transaction for Blockware Mining, a bitcoin mining and rig-hosting company,according to a press release at the time. The trend shows that entrepreneurs and investors are undaunted by the recent doldrums in the bitcoin market, where for the past month prices have remained stuck – almost uncannily quiet for the historically volatile cryptocurrency – in a range between roughly $9,000 and $10,000. It’s been a big disappointment for many bitcoin bulls, after a slew of predictions earlier this year that the May’s once-every-four-years “halving” might send prices to $90,000 or higher. But the availability of financing for upgrades could put pressure on industry players to keep investing in new equipment, perpetuating the hardware arms race even without fresh price signals. It’s sort of like purchasing a new smartphone every year just to avoid falling behind the cutting edge. Dave Perrill, CEO of Compute North, a Minnesota-based data center operator that offers hosting services for bitcoin miners, estimates that at least 2 million new-generation mining rigs will be produced during the current hardware cycle, with at least 400,000 units landing in North America. Related:Blockchain Bites: PayPal, Mastercard Inch Closer to Crypto “We believe that upwards of 20% of the new equipment will be operated there,” Perrill said. Blockfills, a Chicago-based cryptocurrency market maker, says it will provide equipment financing for North American bitcoin miners who can obtain power-purchase agreements and secure base facilities in the U.S. or Canada. “We expect to fund approximately $250 million ourselves in the next 12 months,” Neil Van Huis, director of sales and institutional trading at Blockfills, told First Mover in a phone interview. Smyth, of Arctos Capital, said his firm is financing North American bitcoin mining equipment purchases in the range of $1 million to $2 million per deal. Investors looking to gain a yield in a low-interest economic environment are investing in bitcoin mining – more so than ever before, Smyth said. Lenders can earn an attractive return from the interest charged in the deals, known as commercial leasing, he said. “We raise capital through multiple sources,” Smyth said. “Ultimately they find our business is able to generate attractive risk-adjusted yields that can help diversify their investment portfolios.” The investment proposition has become even more enticing since the coronavirus-induced economic crisis led to a collapse in yields on everything from U.S. Treasury bonds to mortgages. Smyth says his investors are seeing “non-correlated, steady returns.” Arctos gets debt capital from institutions like banks and securitization partners. There is also a private Regulation D fund, which has exemption from SEC registration for small firms like Arctos to raise capital, he said. The investment push could also give North America a bigger share of the bitcoin mining industry, historically dominated by Chinese operators, many of them with ready access to cheap electricity from hydropower plants. Currently, China has 65% of the geographical mining market share. Smyth pointed to the entry into the bitcoin market of high-profile investors likePaul Tudor Jones IIIas a sign that more institutional capital is coming to crypto, despite the lack of price action. The debt financing deals may be easier for many investors to understand than, say, taking a flyer on bitcoin perpetual derivatives on a Seychelles-based exchange. “There’s certainly going to be hedge funds coming in and directly holding bitcoin,” he said. “But I actually see more opportunity for the bitcoin industry to attract institutional investors through structured debt products such as lease financing.” Smyth says he sees a continuation of the “survival of the fittest” dynamic in the industry, where only the most efficient operators can keep up with the Bitcoin blockchain’s ever-increasing computational power, known as the hash rate. The halving, which occurred on May 12, was the latest such milestone for the bitcoin blockchain, as programmed into the network’s 11-year-old code. The number of bitcoin produced as the reward for mining a new data block – roughly every 10 minutes – dropped to 6.25 from 12.5. Ahead of the event, miners scrambled to upgrade their equipment to avoid becoming obsolete. And the amount of power used in bitcoin mining subsequently declined 43% in late May, according to the Cambridge Centre for Alternative Finance, in what might be an indication of the efficiency gains from the new generation of machines. The hash rate is currently around 120 million terahashes per second, close to record highs. And that has caused a self-regulating mechanism coded into the Bitcoin blockchain, a factor known as “mining difficulty,” tohit new highsas new, more efficient machines are put into service. It’s another force pushing miners to continue upgrading. More record difficulty highs are likely to accompany the deployment of new machines like the Bitmain S19 Pro and MicroBT M30S++, unveiled earlier this year. “Miners that are more efficient and stay online actually earn more bitcoin,” Smyth said. “It’s self-adjusting.” BTC: Price: $9,160 (BPI) \| 24-Hr High: $9,235 \| 24-Hr Low: $9,119 Trend: Bitcoin is again sidelined near $9,160, having witnessed a trading range of just $325 last week – the lowest since the last week of March 2019. As a result, bitcoin’s Bollinger bands, volatility indicators placed two standard deviations above and below the 20-day moving average, are now even more compressed than they were last week. “Such behavior could be considered a sign that a period of high volatility is just around the corner,” said Konstantin Anissimov, executive director at the cryptocurrency exchange CEX.IO. Indeed a prolonged period of low-volatility trading often ends up with a big move in either direction. The analyst community has been calling a spike in volatility for more than two weeks now. So far, however, both buyers and sellers have refrained from making big bets on the cryptocurrency, leaving prices directionless above $9,000. Should the long-held psychological support of $9,000 cave in, stronger chart-driven selling pressure may likely emerge, pushing the cryptocurrency down to the 50-week moving average at $8,550. Alternatively, a move above $9,480 would invalidate a bearish lower high created on July 8 and expose resistance at $9,800 (June 22 high) and $10,000. • First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish • First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish... - Reddit Posts (Sample): [['u/[deleted]', 'Possibility of a brute forcing industry arising from improvements of mining hardware. When will it be profitable to crack a 12 word phrase?', 15, '2020-08-03 00:05', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/', 'I was conducting a thought experiment regarding brute forcing mnemonic seeds and wondered what circumstances would have to arise for it become profitable. I know that this would probably never be practical but I was still curious.\n\nthe current hashrate is 110EH per second. so one block for every 66000 Exohashes\n\nassume moores law continues as it has been, if someone knew a wallet had 1 blocks worth of BTC, and ASICs could be created in the future solely for this purpose, when would a 12 word mnemonic seed brute force be profitable?\n\nassuming the checksum is just as hard to crack as the other words to be conservative, the amount of hashes would be 2048\\^(x), where x is the amount of missing words.\n\npunching 2048\\^(x)=66(10\\^21) into wolfram alpha, X approaches 7. so right now the answer is 7.\n\nin 6 years, hashing power of the network has increased approx. 1000 times.\n\nassuming this continues (which it wont due to physical constraints of microelectronics causing diminishing returns) then approx. every 6 years you need an additional word to protect 1 block of btc.\n\n66(10\\^24)=2048\\^x. X will approach 8\n\n2020+6\\*(number of words)=2050 for an additional 5 words.\n\nSo around 2050, cracking a 12 word mnemonic seed would take the network 10 minutes hypothetically. The block reward will be around 6.25/(2\\^7)=0.0488BTC. In 6 more years it would be profitable if the wallet held about 1000 times less.\n\n24 word mnemonic seeds would be safe for much longer', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/', 'i2krgx', [['u/jcoinner', 13, '2020-08-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/g05i7am/', "BIP39 uses PBKDF2 with 2048 rounds with HMAC-SHA512. So the mining hardware is not remotely near the same complexity or using the same algorithms. Mining hardware only attains it's speed by pipelining the sha256 cycles and being able to start a new cycle on each increment of input counter, and iirc it uses various shortcuts. It's probably possible, though far more complex, to do this with PBKDF2 but it would not help at all with trying to find a specific seed. You'd have to be scanning all seeds for any wallet, and you would be excluding all wallets with passphrases. PBKDF2 is designed specifically to be slow whereas sha256 was designed to be fast. \n\nThen on each cycle of generating a seed, xprv and xpub you'd have to look up in a utxo table to see if any of first N addresses has an output. This is all vastly slower than the cycle speed of current mining hardware and not something that is improving at the same rate, ie. RAM speeds have peaked for a long time already (assuming you load the utxo set into RAM).\n\nThere are so many differences here you should just throw out any comparison and start from scratch. Any ASIC chip designers putting funds into creating such a chip would be fools. Given how much it costs to design chips and that it's expressly to steal funds I can wager it would never be tried.", 'i2krgx']]], ['u/Philly19111', "Philly's Weekly Watchlist [LONG]", 33, '2020-08-03 01:43', 'https://www.reddit.com/r/pennystocks/comments/i2mdn6/phillys_weekly_watchlist_long/', 'Since a few people appreciated my list last week figured I\'d drop it again for everyone not just the few people that I constantly chat with\n\n8/2 WEEKLY WATCHLIST \xa0\n\n[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you\'ll win. Some of these I have taken positions. Some I am looking to take positions. I\'ve posted how many shares I own of what multiple times ]\n\n💸PENNIES💸\n\n[💎-Long time gold][⁉️-Could go both ways][🚀Rocket Emoji-I think this is gonna shoot up][🔥-This is a HOT pick][⚠️-Already ran a bit be careful][👀-Watching this one closely]\n\n\n🚀💸PENNYS💸🚀\n\n\n$AMTX - Golden triangle. Looks to still have fuel in the rocket. $1.10-$1.15 imo isn\'t a bad entry. $1.12 is the WEEKLY support. Overall support is a freefall to $0.80 I expect a $1.40-$1.45 run. PR on Tuesday⚠️👀[Rocket Emoji]🚀\n\n$BNGO - Big virtual booth Aug 4-5th. Huge biotech upcoming company. Support at $0.74 & $0.65. Resistance at $0.82 than $0.95. This could rip up with the right volume👀🔥\xa0[Rocket Emoji]🚀\n\n$AIM - Web conference Monday 1:30EST. I honestly see this hitting $5 in the long future but should run up Friday into Monday. About 70% shareholders are breakeven or at a loss. Decent support at $2.72. Godly support at $2.44. Resistance at $3/$3.35.💎🔥👀[Rocket Emoji]🚀\n\n$ATNM - Balance sheet shows easily enough money for another quarter without an offering. Earnings Aug 7th. [Estimated 56% growth]. Sabby is playing with this[scary] but this monster "should" RIP UP! Support is $0.52-$0.54. Weak support at $0.57. Resistances at $0.61/$0.64/$0.68🔥👀[Twitter pumping this too]\n\n$BKYI - African Contracts need to be finalized and this is gonna ZOOM ZOOM ZOOM! Had a single buyer with a 200k share bid at $0.75. Looks like it made a new support at $0.69 off old resistance levels. Seems to be rough resistance at the $0.71-$0.74 range . After that could run $0.77-$0.82🔥👀[Rocket Emoji]🚀\n\xa0\n$BIOC - Insider buys 7/14 of 20k shares. Bullish uptrend. Decent support at $0.68, $0.63 $0.60. DEC 7th until for compliance. So decent amount of time still. I\'m bullish AF to $0.80 Maybe $1. Broke $0.725 resistance. Talks of a RESPLIT THOUGH! 6/25 Golden Cross![Chart if you wanna see just ask] \n\n$CHEK - 70% of shareholders at a lose. Mad support at $0.53 area. Above $0.61 I\'d be super bullish. I see an ascending triangle. This baby wants to break out.Macd is setup perfectly. Volume Friday smacked it up. This company is REALLY dedicated to pushing for $1 for conpliance!🔥💎👀\n\n\xa0$IZEA - AUG 18th Webinar. Tiktok partnership RUMOR?!?! Insane Support at $1.02. Small resistance at $1.47 I see resistances at $1.66👀🔥⚠️[Rocket Emoji]🚀🚀🚀\n\n$SXTC - 99% Shareholders breakeven or at loss. Had Insane support at $0.40-$0.40 and broke down. New support is $0.36. Something tells me this is an EASY gap up to $0.42-$0.44 Low float🔥[Rocket Emoji]🚀\n\n$JFU - UNGODLY OVERSOLD 90% Shareholders breakeven or at a loss. MACD setup on daily. Should EASILY gap up to $2.40-$2.60. BITCOIN PLAY🔥[Rocket Emoji]🚀\n\n$MARA/$RIOT -BTC Plays. Mara imo is the better option. They are debt free vs RIOT 200m debt👀🔥⚠️\xa0[Rocket Emoji]🚀\n\n$ENZ- Has FDA approval noone else has this test. Monopoly. Schools testing. State colleges already buying them.98% shareholders are breakeven or loss! REVENUE UP 121% IN 2019.\xa0 Looks to be at support at $2.35 beyond that around $2.08. Resistainces sitting at around $2.55 and $2.70.👀\n\n$MYT - $0.40 Offering price. I wouldnt mind getting it around $0.38-$0.42. US store in trial phase. \n\n$DLPN - FORSEE a HUGE gap up here! Support at $0.82 than a freefall to $0.49. SMALL resistance at $0.91. Than resistance at $1/$1.07. Had an offering at $1.05 2months ago.Only scarey thing is they might split due to compliance👀[Rocket Emoji]🚀\n\n$LPCN - FDA Approval Aug 28th. This has been a CONSTANT RUNNER 💎🔥[Rocket Emoji]🚀\n\n$BOXL - Offering closed Friday. PR is imminent. 99% Shareholders are at a LOSS! Chart looks like a BULLISH pennant.$2.20 is OKAY support. $1.70 is pretty strong support. $2.30 looks like the first soft resistance. $2.45 gets broken we could see a $3 Run👀\n\n$ONTX - Made compliance on Friday. Massive support at $1.12. Dropping Twitter PR like wildfire. Resistance seems to be in $0.05 invervals starting at $1.20. Afte $1.45 Its a straight RIP up to $2.65👀[Rocket Emoji]\n\n$IDEX - Looks like old$1.38-$1.40 Support is being rebuilt. Bullish as hell if this breaks $1.51. Earnings August 11th🔥👀[Rocket Emoji]🚀\n\xa0\n💰HONORABLE MENTIONS💰 : $VERB - [Offering at $1.10 good around that price]$NAK $UAVS $MVIS $GAU[Gold mine]🔥 $PZG[Gold mine]🔥$JAN🔥👀\n\n💰Non-Pennys💰\n\n$MGM - EPS was BETTER than projected. Revenue in the gutter. Didn\'t have the sell off i thought. Still a good price LONG. MGM is 1/3 casinos with liscensing in Japan. By 2030 this should be a $40-$45 ticker💎🔥⚠️👀\xa0[Rocket Emoji]🚀\n\n$CZR aka $ERI - COME BACK KING! Hasnt been this cheap since 2017. THIS SHOULD RUN UP to $35-$38 shortly. Biggest casino/hotel chain in the WORLD after buying out caesars. Should be $70-$100 ticker by 2030-2035💎🔥⚠️👀\xa0[Rocket Emoji]🚀\n\n$O - MONTHLY dividend. [5% yearly] GREAT LONG term investment. 💎\xa0\n\n$JMIA - Monthly MACD Setup so perfectly for this, Has been running lately but no where near pre-rona levels. HOPING FOR A SELL OFF TO TAKE A POSITION. Offering at $8.59 BUT its a shelf offering which means they don\'t have to sell it currently. This could drop down to that or continue its run until the offering block is dropped.👀⚠️🔥\n\n$CNTG - Around 80-90% shareholders BREAKEVEN or at a LOSS!600 USA school+3 german airports so far.US mobile semi truck lab. So oversold its asking for change!🔥[Rocket Emoji]🚀\n\n$WIMI - $8 OFFERING. I LOVE OFFERING plays without mass dillution<3 🔥💎 👀[Rocket Emoji]🚀\n\n$SPAQ - Tons of pre-orders aka free revenue without advertising. This should take off like NKLA did eventually. 4hr chart approaching oversold. 94% Of shareholders at breakeven or loss! $10.60 is a strong af support. $13.95 is the first real resistance. If this breaks the $12.45/50 range SUPER bullish. Fisker dropping mad PR Hints on twitter 🔥👀[Rocket Emoji]🚀\n\n🔥🌾Gold/Silver🌾🔥\n\n$AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates🔥\n\n$SLV - Long term silver hold🔥\n\xa0\n$JNUG - 2x Gold/Silver Junior Miners 🔥\n\n$NUGT - 2x Gold/Silver Miners🔥\n\n$GLD - Long 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: ['The rain has come. The machines are humming. This should be the best time of the year for China’sbitcoinminers. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity.\nBut this year is different, proving to be harder than ever for China’s bitcoin miners and mining farm operators who areestimatedto dominate 65% of the global multi-billion dollar bitcoin mining industry.\nSince last summer,many miningfarm operators rushed to build new facilities in China’s southwestern region in anticipation of a dramatic price rise with bitcoin’s halving.\nRelated:Bitcoin Miners Saw 7% Revenue Increase in July\nButmining difficultyhas now almost doubled compared to the monsoon season last year, while block rewards have halved, meaning it is more difficult to mine, with less rewards. Bitcoin miners that have entered the market since last year have to wait much longer to see a return on their investment in mining hardware and facilities.\nThomas Heller, global business director of mining pool F2Pool, summarized the situation in a recentblog post: “We’re halfway through 2020 and the mining industry has already faced several enormous challenges.”\n“Miners had to battle off the macroeconomic black swan of March, pass through the smoke of the halving and a pandemic, and now they’re gearing up for the rest of the year’s competitive battlefield,” he wrote.\nA year with a bitcoin halving and global epidemic rolled into one, it’s truly one of a kind.\nRelated:Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices\nRead more:Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving\nMany miners expected bitcoin’s price to rise sharply after the halving, said Kevin Pan, CEO and co-founder of the China-based PoolIn, one of the two biggest bitcoin mining pools in the world (along with F2Pool).\n“In reality, not only there was not much price momentum driven by halving, there came themega sell-off on March 12, which caused a large scale of forced liquidation and loss,” he said.\nFor two months after halving, bitcoin’s price largely remained static around $9,000. Although it jumped above $10,000 last week and is now changing hands over $11,000, it is still at a similar price level seen at this time last year.\nIn contrast, the network’s mining difficulty rose to an all-time-level within two months after halving. It’s now almost twice as difficult to mine bitcoin compared to last July, while block rewards have halved.\nWithout a significant price breakout, bitcoin miner’s daily revenue has dropped by 70% compared to last year, said Pan, although the recent bitcoin price jump has helped improving the situation.\nIndeed, Bitinfochart’s datashowsbitcoin’s daily mining revenue was around $0.33 per one terahashes second (TH/s) of computing power in July 2019. It has since then declined to now around $0.1 per TH/s.\nMeanwhile, asurgein interest and investment in bitcoin mining since last year have led to a surplus of newly constructed mining facilities in China.\nIn April, the oversupply issue had already shifted the hosting business from a seller’s market to a buyer’s market, with mining farms generally offering a 20% electricity discount compared to last year.\nPan estimates that during this rainy season, 20% to 30% of mining facility capacity in Sichuan and Yunnan provinces still remains unused.\nRead more:China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing\nTo be clear, bitcoin miners and mining farms can still make a profit. But they have to endure a much longer period than expected to break even on their investments.\nA payback period of six months to a year used to be common for bitcoin miners in China, but if bitcoin maintains its current prices around $11,000, that could be extended to as long as two years.\n“In the eyes of many old Chinese miners, the electricity price right now is not only lower than the similar situation of the halving and hydro season in 2016, but also even lower than the electricity prices during the 2015 bear market,” said Heller of F2Pool.\nLower electricity may be appealing to miners, but it also means mining farm operators are facing an “unprecedented investment challenge” as the business shifted to a buyer’s market, Heller said.\nDespite this year’s tough market environment, some are still bullish over the long term and are rolling out products to attract investors. Jiang Zhuo’er, CEO and founder of mining pool BTC.Top who also runs his own mining farms, recently launched joint-mining contracts dubbed B.top.\nIt essentially sells mining equipment by TH/s and farm electricity at cost to retailers who want to participate in mining. The company will not charge customers hosting and management fees until the mining profits they receive break even on their investment.\nHashAge and Heng Jia, two long-running bitcoin mining farm operators with over a dozen facilities in Sichuan, also announced a partnership with Chinese crypto lending startup Babel last Friday.\nFlex Yang, CEO and co-founder of Babel, said the firm is allocating up to $50 million inUSDTas a loan for those who choose to host their miners at HashAge and Heng Jia’s facilities.\nIn contrast to previous crypto loans that require borrowers to pledge bitcoin as collateral, this new partnership accepts debtors’ miners hosted at HashAge and Heng Jia as collateral.\nThis effort is also one of the industry’s first in terms of treating specialized mining equipment, known as ASIC miners, as a tradable asset in crypto-based debt financing.\nLuxor, a U.S.-based mining pool, rolled out a bitcoinhashrate price indexearlier last month in an effort to provide better transparency into the traditionally opaque market of how much bitcoin mining equipment is changing hands.\nBut rain cuts both ways for the mining industry. Flooding in China is among the worst in decades, and hasaffectedover 50 million residents, with nearly four million people displaced and over 150 dead or missing.\nThe good news is it could have been much worse. Pan said the flood has so far mainly affected the middle and lower reaches of the Yangtze river.\nSince most mining farms in Sichuan and Yunnan are located along the upper reaches in the mountain area, which are some 1,200 km, or 800 miles, away from the middle reaches, there are fewer instances where facilities are directly flooded due to the rainfall.\nBut Pan said there have been more regular instances of mining farms’ hydropower plants temporarily cutting off electricity generation because the increasing water reserve levels would otherwise cause pressure on the dam.\nThe places that are suffering the most severe damage so far are provinces in Central China including Jiangxi, Hubei, Hunan and Anhui provinces, asillustratedin this multimedia article from the South China Morning Post.\nJohnson Xu, chief analyst at Beijing-based research startup TokenInsight, said mining farm operators nowadays are more experienced in choosing the right location for construction, after witnessing events in previous years where facilities were destroyed by floods and mudslides.\n“Chinese mining farms have already conducted thorough due diligence to pick the locations where potential flooding risk is minimal,” so the floods haven’t caused a major impact on the mining community, said Xu.\nRead more:Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China\nAnother reason why there are too many bitcoin mining farms is thepushby local governments in Sichuan for establishing the so-called “Demonstration Zone for Utilizing Excessive Hydropower Electricity” since late last year.\nMining farms and hydropower plants that choose to be based in these industrial parks can typically enjoy a stable operational environment with a steady and cheap power supply. In return, they give a portion of their profits to local governments as well as China’s State Grid, the state-owned utility monopoly.\nIn previous years, many mining farms in Sichuan and Yunnan have been using what’s called “direct-supply” electricity. That means power plants sell electricity directly to mining farm operators without having to share the profits with other parties.\nAs local governments have stepped up efforts to rectify the “direct-supply” model adopted by many power plants, this has created a sort of tug of war among local governments, hydropower plants as well as the State Grid, Pan said.\nSome bitcoin mining farm operators using “direct-supply” electricity wish to sell their facilities at a low valuation given tough market conditions. This tug-of-war will continue to be a risk factor for potential investors in those mining farms.\n“Overall, the latest regulatory policies in China tend to have a negative impact on those unregulated smaller mining farms, but positive towards firms who meet the local regulatory requirements,” Xu added.\n• The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\n• The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners', 'The rain has come. The machines are humming. This should be the best time of the year for China’s bitcoin miners. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity. But this year is different, proving to be harder than ever for China’s bitcoin miners and mining farm operators who are estimated to dominate 65% of the global multi-billion dollar bitcoin mining industry. Since last summer, many mining farm operators rushed to build new facilities in China’s southwestern region in anticipation of a dramatic price rise with bitcoin’s halving. Related: Bitcoin Miners Saw 7% Revenue Increase in July But mining difficulty has now almost doubled compared to the monsoon season last year, while block rewards have halved, meaning it is more difficult to mine, with less rewards. Bitcoin miners that have entered the market since last year have to wait much longer to see Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $205,993,133,500 - Hash Rate: 121437040.395232 - Transaction Count: 329032.0 - Unique Addresses: 708169.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: No, blockchain does not fix this. By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack . I mean the meta problem of yet more bad publicity, with the word “bitcoin” again associated with fraud and unsavory behavior, a picture that cryptocurrency advocates will again struggle to avoid. That problem will indirectly but greatly contribute to ongoing public pressure for regulatory constraint on the cryptocurrency industry, which will impede innovation in the sector and its prospects to bring positive change to a broken financial system. Related: Is Crypto Fintech? It Depends Who You Ask A related problem is that Crypto Twitter is an echo chamber. It is too smart for its own good. Within that nerdy hive mind, form doesn’t matter. It’s all about substance. You’re reading Money Reimagined , a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here . “Bitcoin isn’t a crime, it’s just code.” “The hack will open eyes to the failings of a centralized system.” Related: “Decentralization is now inevitable.” Oh, how I wish those sentiments, expressed repeatedly over Twitter this week, were absorbed by “normies.” Sadly, it won’t be the case. In two consecutive tweets, Blockstack CEO Muneeb Ali laid out the challenge between what should be and what, sadly, will be. Might the spectacular breach of Twitter’s defenses eventually convince people to abandon the centralized internet platforms that control their data? Maybe. But many in the mainstream will share the views of New York Magazine’s Josh Barro, who argued, poorly, that the hack wouldn’t have happened if we banned cryptocurrencies. Barro is a smart, influential columnist, respected on both sides of the political divide. It’s counterproductive to call him a would-be Communist “moron,” as this Crypto Twitter member did , alongside many others’ derogatory comments. It signals more about the critic than the criticism, helping perpetuate negative stereotypes of the crypto community. A far better response came from Ideo CoLab’s Ian Lee , who highlighted Barro’s error in conflating technology with a crime. But in the age of social media, constructive nuance like that gets lost in the noise of ad hominem attacks and invective. Story continues That’s a problem because Twitter is a powerful factor in public debate. The performance of the conversation – the form, as much as the substance – matters for how public opinion develops. And that matters because public opinion feeds into regulation, which in turn can impede innovation. DeFi in the crosshairs? This comes amid signs U.S. regulators are focusing on some of the more innovative crypto financial engineering projects. On Monday, news broke that the Securities and Exchange Commission and the Commodity and Futures Trading Commission had forced two separate settlements, worth $150,000 each, out of Abra Global, the crypto-based provider of synthetic digital asset products. Abra, which counts American Express and Indian billionaire Ratan Tata among its investors, has long been seen as one of the most innovative companies in the crypto industry. It launched in 2014 with what was then a radical idea for a crypto-collateralized synthetic stablecoin enabling peer-to-peer remittances from the U.S. to the Philippines. (Abra wasn’t providing an actual token to users, but a contract giving them rights to a fixed-dollar value worth of underlying bitcoin, a deal it achieved via some sophisticated hedging techniques and by using the intermediary-free Bitcoin blockchain as the settlement layer.) More recently, Abra took the same synthetic assets model to offer non-custodial derivative-like investment exposure to a range of assets, including both crypto tokens and traditional financial instruments. In effect, it allowed anyone in the world to place bets of any size on the direction of U.S. stocks and bonds. That’s what got Abra into trouble. The SEC determined it was offering “security-based swaps,” which precluded it from selling to U.S. customers not classified as accredited investors. Although Abra took steps to geofence the American market from its product, the regulators found it hadn’t done enough. The fines won’t derail Abra, which has a growing global base of customers. But the action underscores the challenges for crypto companies doing innovative things in the U.S. against what continues to be a somewhat hostile posture from the SEC. (The CFTC has generally taken a more accommodating stance toward cryptocurrency innovation. Its former chairman, Christopher Giancarlo, is now driving the charge for the U.S. government to embrace a tokenized version of a digital dollar .) In particular, there are risks for the Decentralized Finance, or DeFi , movement. Abra is not formally a DeFi provider, but its model – using underlying cryptocurrencies as collateral to assure stability and blockchains for an intermediary-free, low-friction settlement rail – shares similarities with this burgeoning industry. There’s no reason to suggest DeFi leaders like MakerDAO and Compound are in breach of securities, derivatives or money transmission laws. But you can bet that Washington regulators now have their eyes on an industry that’s bringing services such as collateralized lending and interest rate benchmarking – traditionally the domain of highly regulated financial institutions – into a decentralized setting. The DeFi industry was perhaps too small to matter to regulators before this. But, although the $2.6 billion in value now locked in DeFi contracts is still just a fraction of the trillions in traditional lending markets, it’s now big enough to get on regulators’ radars. ‘Collateral’ damage This is why the Twitter fallout matters. If “cryptocurrency” continues to be a dirty word in Washington, political pressure will come to bear on the agencies seeking to regulate the industry. DeFi is not immune from all that. To be sure, the industry could benefit from more smart regulation. Legal clarity and reliable protection from scammers could help expand DeFi adoption and drive progress from a speculative ecosystem to one that generates valuable credit products and risk management tools. But if the regulatory backlash is too blunt, it could do great harm to innovation. DeFi development can and will continue offshore. But as Abra’s experience shows, the global digital economy’s borderless nature makes it hard for companies to comply with regulations everywhere even when they want to. So the regulatory risk will continue to dangle over the heads of innovators. That’s a pity, because while participants face real risks in the freewheeling, unregulated world of DeFi, the ideas generated there offer an exciting reimagining of the financial system. Whether it ends up looking anything like the current Ethereum-based DeFi ecosystem or something else, the prospect of reducing gatekeeper friction in finance is appealing in a world where exclusion from credit often defines the difference between rich and poor. DeFi leaders have lawyered up in a bid to stay compliant. Some of the issues they face were discussed in a DeFi regulation workshop CoinDesk hosted during our virtual Consensus: Distributed event in May. There, Ropes & Grey attorney Marta Belcher eloquently argued that regulators may even be in breach of developers’ First Amendment constitutional rights if they constrain efforts to writing open-source code for decentralized communities. But do not underestimate the power of Washington or the extent to which social media-infused hysteria can energize those who wield that power. This is why the messaging around events like this Twitter attack matters. At times like this, crypto thought leaders should all try to take the high road. CoinDesk Research covers quarterly data in crypto markets including volatility, correlation, volume and returns of the CoinDesk 20 list of crypto assets. In this report, we also cover derivatives markets, synthetic bitcoins, BTC versus ETH , central bank digital currencies and the return of aging bitcoin mining equipment; and look at the relationship (or lack thereof) between online sports betting and crypto markets. Sign up to download the free report . A history lesson A common theme here at Money Reimagined is the current financial system tends to serve those with access to financial assets while creating barriers for those on the lower rungs of society. This is a particularly important issue for assessing the impact of the Federal Reserve’s massive quantitative easing program in response to the COVID-19 crisis. I continue to believe the real risks from that program, at least for now, lie far more with asset price inflation, and its accompanying impact on income inequality, than with inflation. Global demand for dollars is just too big and the economic fallout from the pandemic too great for any monetary oversupply to unleash an accelerated increase in consumer prices. So, it was quite impactful for me this week to discover the annotated historical charts on equality presented in a colorfully named site I’d never encountered before: WTFHappenedin1971 . The reference to 1971 is, of course, the so-called “Nixon Shock,” the moment when the U.S. took the dollar off its peg to gold, abandoning the core anchor of the Bretton Woods global financial system established in 1944. It was also when the world’s central banks suddenly gained fiat monetary powers, an unimpeded capacity to create money, the very powers the Fed is now drawing on to fight the COVID-19 recession. The classic hard money, anti-1971 argument is that central banks degrade people’s wealth by inflating the monetary base, though strong arguments are made on the other side that fiat monetary creation power enables them to be... - Reddit Posts (Sample): [['u/ColinTalksCrypto', "I prefer jtoomim's aserti3-2d Difficulty Adjustment Algorithm over Bitcoin ABC's Grasberg. That is all.", 121, '2020-08-04 00:45', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/', 'Oh yeah. Read this.\n\nhttps://read.cash/@jtoomim/dark-secrets-of-the-grasberg-daa-a9239fb6', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/', 'i37fmz', [['u/ColinTalksCrypto', 21, '2020-08-04 00:56', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09mxsy/', "Tweeted /u/jtoomim's article for additional exposure:\n\nhttps://twitter.com/ColinTCrypto/status/1290419361652629504", 'i37fmz'], ['u/MoonNoon', 15, '2020-08-04 01:38', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09rsm6/', 'Thank you for speaking up. You should ping miners too. Although I wonder how direct of a contact PR has to the bigwigs but I imagine if enough people tweeted they would have to at least mention it to them.', 'i37fmz'], ['u/[deleted]', 11, '2020-08-04 01:46', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09smz2/', 'Colin glad to see this.', 'i37fmz'], ['u/mtrycz', 18, '2020-08-04 01:47', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09squr/', "Have you already had the time to read Mr Toomim's article?", 'i37fmz'], ['u/jonald_fyookball', 22, '2020-08-04 02:29', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09xdxd/', 'Never a dull moment right? :)', 'i37fmz'], ['u/shredthefed', 25, '2020-08-04 03:03', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0a169q/', 'After 3 years of this and the previous 3 fighting with Blockstream, I think we could use some dull for a change.', 'i37fmz'], ['u/spe59436-bcaoo', 10, '2020-08-04 03:15', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0a2h4l/', '>I see this as an emotionally reactive "burn down ABC no matter the cost to BCH" strategy\n\nActually, it\'s "we not follow them on Grasberg"', 'i37fmz'], ['u/cassydd', 10, '2020-08-04 10:50', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0b4dsj/', 'I don\'t have the background to weigh in on the technical merits, but "drift correction" seems utterly nuts to the point where no technical benefit could possibly compensate for all of the disadvantages and all of the vested interests and ordinary users that it screws over. It\'s some BSV-level nonsense.', 'i37fmz']]], ['u/Rawlsdeep', 'Who is supporting Bitcoin ABCs DAA plan?', 21, '2020-08-04 01:26', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/', 'I’m just curious to hear from the folks that support Bitcoin ABCs proposed DAA plan.\n\nI’m curious to hear your viewpoints, but a ‘I do’ would be just fine too.', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/', 'i384tv', [['u/bUbUsHeD', 19, '2020-08-04 02:14', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g09vqi0/', "Generally I have been supportive of the decisions made by ABC in the past and satisfied with the quality of their output, but this time I admit it's not the case.\n\nMy biggest problem with the ABC DAA is that they are making a change that effects users / usability without any prior long term plan for it, but they have presented no evidence they negotiated this change at least with major economic players and investors in the BCH ecosystem. I don't expect them to base the decision on reading Twitter and Reddit posts, but it is their job to have established communication channels with all the important economic actors and always act on feedback received from them.\n\nI would like to see all the major (non developer) players come together on this and speak out.", 'i384tv'], ['u/cryptocached', 11, '2020-08-04 03:17', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0a2pbd/', ">Also, I am okay with fixing past drift correction. BCH already has a precedent in fixing the past bugs.\n\nDrift isn't a bug.", 'i384tv'], ['u/shredthefed', 10, '2020-08-04 03:21', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0a37ek/', '>BCH already has a precedent in fixing the past bugs. For example, we recovered all BCH sent to Segwit addresses in the past. So, this idea is not that far fetched.\n\nHelping out unfortunate accounts with locked SegWit funds didn\'t slow down confirmations and mining payouts for half of a decade as a result, so this is a poor example. The SegWit refund was also a one time event never to be done again.\n\nYes, Glasberg is far fetched. Fixing yesterday at the expense of today is ludicrous. \n\nWhen is fixing a problem with a new problem a good idea? Any "bug fix" that degrades the user experience and reliability should not even be a debate, its bad engineering then to be ignored.', 'i384tv'], ['u/JonathanSilverblood', 12, '2020-08-04 04:44', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0acaho/', "I agree that if there had been drift correction in the DAA from genesis that satoshi wrote, then all this would be a non-issue. It would've been great if the DAA's historically had not accumulated drift the way they have.", 'i384tv'], ['u/Means_of_Exchange', 11, '2020-08-04 05:44', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0aifzg/', "Don't you have AVAX to shill?", 'i384tv'], ['u/cryptocached', 10, '2020-08-04 05:56', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0ajl1g/', 'That was a subtle jab at the fact that Grasberg would be the third flawed DAA change by u/deadalnix.', 'i384tv'], ['u/mjh808', 14, '2020-08-04 06:01', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0ak45v/', "I believe that's what jtoomim's DAA does.", 'i384tv'], ['u/BigBlockIfTrue', 10, '2020-08-04 13:19', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0bdilt/', "> Amaury's proposal is the one that corrects the drift without changing the emission policy hence, conserving Bitcoin Cash hard money property.\n\nYou should read [this](https://read.cash/@jtoomim/dark-secrets-of-the-grasberg-daa-fae20a2d#2-grasberg-will-change-the-bch-coin-emission-schedule)", 'i384tv']]], ['u/uxWhiteSwan', 'ABC is run by all exchanges and most miners. This is unlikely to change', 12, '2020-08-04 04:15', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/', 'We saw from the BTC/BCH and BCH/BSV split that the incumbent keeps the ticker symbol and majority hashrate and infrastructure. \n\n&#x200B;\n\n"Gettting rid" of ABC like what everyone is trying to do right now will cause a split and ABC will keep the above.\n\nMost likely every decision made by the ABC team was thoroughly vetted by the miners that pay them. None of this is random. They will not abandon ABC. Also I don\'t hear anything from the Asian community. Maybe someone has communications? \n\nSo what is actually being accomplished here? a minority fork without ABC? Again, miners will continue with the incumbent. Exchanges, crypto wallets and most infrastructure will remain under the BCH ticker that is associated with ABC. \n\nWhat is the plan to change that? is that even possible?', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/', 'i3atk3', [['u/shredthefed', 18, '2020-08-04 05:07', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0aern4/', 'ABC\'s plan literally requires miners to take a paycut because block times would be lengthened. Miners follow the profit. They will change because its in their best interest to as ABC is again trying to alter mining incentives against them for stupid reasons. \n\nExchanges probably won\'t be too happy that it would take even longer to get through their high confirmation limits for deposits.\n\nDevelopers who\'s dapps were based on contracts won\'t be happy because all of that will need re-done with a different block timing. \n\nEvery day users have to wait a bit longer for confirmations. Have you ever gone to your bank and asked them to waste your time just because?\n\nExactly no one is helped by Glasberg, only burdened\n\nWhat is being accomplished is stripping out yet another bad actor that has drug this community down for far too long by obstructing meaningful change and putting egotistic nonsense ahead of everything else.\n\nIf "BCH" is just ABC in the end, the hell with it then. I supported the split because Core abandoned Satoshi\'s ideology and architecture, if ABC does the same then Im supporting something else, if it has a new name and ticker so be it, Ill have both coins to do with what I wish. \n\nThe splits will continue until one of these chains has finally purged all of the poison.', 'i3atk3'], ['u/lechango', 19, '2020-08-04 05:14', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0afgaa/', "If a corrupted incumbent can never be kicked out, there's no point in even continuing to try this experiment. It will definitely be tough, but not impossible, to rally exchange and wallet support against a corrupt incumbent, if those flip then the miners do too.", 'i3atk3'], ['u/JonathanSilverblood', 10, '2020-08-04 05:37', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0ahrou/', '> Let’s hope..\n\nOr you could, you know, just talk with them?', 'i3atk3'], ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.38% on Tuesday. Partially reversing a 1.52% gain from Monday, Bitcoin ended the day at $11,184.0. It was a bullish start to the day. Bitcoin rose to an early morning intraday high $11,396.0 before hitting reverse. Falling short of the first major resistance level at $11,474, Bitcoin slid to an early afternoon intraday low $11,003.0. Steering clear of the first major support level at $10,961, Bitcoin briefly revisited $11,260 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Tuesday. Tezos rallied by 6.32% to lead the way. Binance Coin (+0.95%), Bitcoin Cash SC (+5.76%), Cardano’s ADA (+4.42%), Ethereum (+0.92%), Stellar’s Lumen (+5.51%), and Tron’s TRX (+2.35%) also found support. It was a bearish day for the rest of the majors, however. Bitcoin Cash ABC (-2.10%), EOS (-0.53%), Litecoin (-1.54%), Monero’s XMR (-2.32%), and Ripple’s XRP (-2.90%) saw red on the day. At the start of the week, the crypto total market cap rose from a Monday low $323.12bn to a Monday high $345.20bn. At the time of writing, the total market cap stood at $333.57bn. Bitcoin’s dominance fell from a Monday high 62.43% to a Tuesday low 61.21%. At the time of writing, Bitcoin’s dominance stood at 61.74%. This Morning At the time of writing, Bitcoin was down by 0.26% to $11,155.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,213.1 to a low $11.085.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.03%. It was a bearish start for the rest of the majors, however. At the time of writing, Tezos (-2.93%), Stellar’s Lumen (-2.86%), and Ripple’s XRP (-2.64%) led the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $11,194 pivot to support a run at the first major resistance level at $11,386. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,300 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,396 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,587. Expect plenty of resistance at $11,500, however. Failure to move through the $11,194 pivot level would bring the first major support level at $10,993 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,800 levels on the day. The second major support level at $10,801 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Continue to Rally as Momentum Turns Positive EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 5th, 2020 Walt Disney Q3 Revenue Slumps Over 40% as COVID-19 Pandemic Bites; Target Price $80 in Worst-Case Scenario EUR/USD Mid-Session Technical Update for August 4, 2020 Natural Gas Price Fundamental Daily Forecast – The Heat is On; Reaction to $2.149 Sets the Tone GBP/USD Wave C Bounce at 144 ema and 1.30 Support', 'Bitcoin, BTC to USD, fell by 0.38% on Tuesday. Partially reversing a 1.52% gain from Monday, Bitcoin ended the day at $11,184.0.\nIt was a bullish start to the day. Bitcoin rose to an early morning intraday high $11,396.0 before hitting reverse.\nFalling short of the first major resistance level at $11,474, Bitcoin slid to an early afternoon intraday low $11,003.0.\nSteering clear of the first major support level at $10,961, Bitcoin briefly revisited $11,260 levels before falling back into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Tuesday.\nTezos rallied by 6.32% to lead the way.\nBinance Coin (+0.95%), Bitcoin Cash SC (+5.76%), Cardano’s ADA (+4.42%), Ethereum (+0.92%), Stellar’s Lumen (+5.51%), and Tron’s TRX (+2.35%) also found support.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash ABC (-2.10%), EOS (-0.53%), Litecoin (-1.54%), Monero’s XMR (-2.32%), and Ripple’s XRP (-2.90%) saw red on the day.\nAt the start of the week, the crypto total market cap rose from a Monday low $323.12bn to a Monday high $345.20bn. At the time of writing, the total market cap stood at $333.57bn.\nBitcoin’s dominance fell from a Monday high 62.43% to a Tuesday low 61.21%. At the time of writing, Bitcoin’s dominance stood at 61.74%.\nAt the time of writing, Bitcoin was down by 0.26% to $11,155.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,213.1 to a low $11.085.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.03%.\nIt was a bearish start for the rest of the majors, however. At the time of writing, Tezos (-2.93%), Stellar’s Lumen (-2.86%), and Ripple’s XRP (-2.64%) led the way down.\nBitcoin would need to move through the $11,194 pivot to support a run at the first major resistance level at $11,386.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,300 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,396 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,587. Expect plenty of resistance at $11,500, however.\nFailure to move through the $11,194 pivot level would bring the first major support level at $10,993 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,800 levels on the day. The second major support level at $10,801 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Continue to Rally as Momentum Turns Positive\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 5th, 2020\n• Walt Disney Q3 Revenue Slumps Over 40% as COVID-19 Pandemic Bites; Target Price $80 in Worst-Case Scenario\n• EUR/USD Mid-Session Technical Update for August 4, 2020\n• Natural Gas Price Fundamental Daily Forecast – The Heat is On; Reaction to $2.149 Sets the Tone\n• GBP/USD Wave C Bounce at 144 ema and 1.30 Support', '30% growth from June to July\nVancouver, British Columbia--(Newsfile Corp. - August 5, 2020) -Hello Pal International Inc.(CSE: HP) (FSE: 27H) (OTC Pink: HLLPF) ("Hello Pal" or the "Company"), a provider of rapidly growing international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it achieved record receipts in July 2020 as set forth below:\nLivestreaming Service\nHello Pal\'s livestreaming service achieved record receipts of approximately $1,425,000* in July 2020 for a three-month total of $3,689,250. Three consecutive monthly receipts of over $1,000,000 is a significant milestone as it results in Hello Pal\'s Asian subsidiaries to be cash-flow positive (see chart below).\nFigure 1: Receipts Chart\nTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4359/61060_7e189f25d4638801_001full.jpg\n"We\'re very pleased to have achieved yet another significant milestone in our Company\'s growth with a 30% increase in receipts from June to July," said KL Wong, Founder and Chairman of the Company.\nUser Base Performance\nAs of the date of the news release, Hello Pal\'s registered user base is over 5.1 million users from over 200 countries and regions. The positive increase in registered users continues to be driven by our livestream service.\nThe livestreaming service continues to be active with over 10,000 active daily users interacting with one another.\nThe Company continues to see the daily number of users making top-up payments increase every month. With a significant increase in user engagement on the Hello Pal platform, the company expects this to continue as new features are rolled-out.\n"We are pleased our company is truly global, and will continue to rollout new products, features, to reach new markets. This provides users a social platform diversification that is less restrictive that others," said Hans Xu, Advisor of the Company\n------\nTo download Hello Pal, Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website athellopal.com. Email inquiries can be directed to:[email protected].\nAbout the Hello Pal Platform\nThe Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users\' the freedom to speak in their own language regardless of the other person\'s language they are speaking to. Hello Pal\'s overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.\nThe Hello Pal platform also includes a proprietary digital wallet allowing users to store and transfer popular digital assets Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,663,305,153 - Hash Rate: 108037091.110241 - Transaction Count: 291814.0 - Unique Addresses: 655315.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE / ACCESSWIRE / June 18, 2020 /Cryptocurrency derivatives exchange Bybit has announced it is rolling out a customizable alerts feature for its users, which will allow traders to set alerts on various indicators via its mobile app. The feature is available on bothiOSandAndroid. With the Strategy Alerts feature, users never need to miss a trading signal, even when they're away from the trading interface. Amidst the 24/7 volatility of the cryptocurrency markets, Strategy Alerts will provide an essential means for traders to keep up with what's happening, on the go. Traders will be able to pick and choose the alerts that best suit their needs. Once the target is reached, an alert will be delivered as an immediate notification via the Bybit app. Four Types of Alerts Alerts are commonly used in the traditional financial markets as a means of helping traders keep track of market movements that may impact their portfolio. In offering traders four different types of alerts to suit their strategy, Bybit is offering a wider range of alerts than any cryptocurrency derivatives exchange has done before. The four alerts are: Price Alerts, Trends Shift, Local Pivots, and Market Heat. Price Alertswill provide a notification to the user when a particular price point is crossed in either direction. For example, a user could define a $10,000 price alert for Bitcoin, and they'd receive a notification each time the price of BTC goes either above or below the $10k mark (depending on their settings). This can be useful to a trader who wants to monitor market conditions in the event of such a move, rather than implement a pure stop-loss or take-profit. Trends Shiftallows traders to navigate the direction of the market by providing an alert based on moving average and exponential moving average. For example, when a short-term moving average crosses above a long-term, it provides a bullish signal where a trader may want to buy. Conversely, a short-term moving average crossing below the long-term gives a bearish sell signal. Local Pivots (big movements)capture turning points in the market by alerting the trader when the price touches a local high or low in a given number of candles. This allows traders to enter or exit positions based on emerging market trends. Market Heatallows the trader to be alerted based on macro trends in the markets. For example, if open interest or predicted funding rates in a given asset crosses a particular value. According to Bybit CEO Ben Zhou, the launch of the Strategy Alerts feature is all part of its commitment to its traders to offer the best possible trading environment: "Launching Strategy Alerts is yet another way that Bybit is achieving its goal of creating a faster and fairer trading environment. Even the best traders can't possibly stay plugged into the crypto markets 24/7, so alerts mean that they never have to worry about missing the opportunity to jump in and make a profit, or missing critical risk signals." About Bybit Bybit is a global cryptocurrency derivatives exchange established in March 2018 and registered in the BVI. It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit has a global user base comprising everyone from individual retail clients to professional derivatives traders. Bybit's technology team includes experts from numerous leading companies such as Morgan Stanley, Tencent, Ping' an Bank, and Nuoya Fortune. The exchange offers traders a matching engine capable of 100,000 transactions per second with no downtime. Bybit is committed to creating a fair, transparent, and efficient trading environment for all. For more information please visit:https://www.bybit.com/For updates, follow Bybit's social platforms onTwitterandTelegram. Contact: Dan [email protected]+972-545-464-238 SOURCE:Bybit View source version on accesswire.com:https://www.accesswire.com/594349/Bybit-Exchange-Adds-Customized-In-App-Alerts-For-Traders... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.\n• The Beijing-basedbitcoinminer maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October.\n• The delay is caused by “external interference over the company’s management,” the official accountsaid.\n• It’s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance.\n• That means customers who ordered the June and July batches could have placed their orders as early as March and April.\n• The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially “hard-forked” the firm’s bitcoin miner production.\n• Currently, the official WeChat account of the AntMiner brand is controlled by Wu’s faction within the firm.\n• Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain’s Shenzhen-based factory since then.\n• The situation threatens to become a kind of stalemate: Zhan’s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain’s parent entity in Hong Kong.\n• Bitmain is now offering two mutually exclusive options for customers whose orders are delayed.\n• The first option is to send Bitmain a written request to speed up the delivery. If they still don’t receive their machines 60 days after the notice, they can request a refund.\n• The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases.\nRead more:Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers. The Beijing-based bitcoin miner maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October. The delay is caused by \x93external interference over the company\x92s management,\x94 the official account said . It\x92s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance. That means customers who ordered the June and July batches could have placed their orders as early as March and April. The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially \x93hard-forked\x94 the firm\x92s bitcoin miner production. Currently, the official WeChat account of the AntMiner brand is controlled by Wu\x92s faction within the firm. Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain\x92s Shenzhen-based factory since then. The situation threatens to become a kind of stalemate: Zhan\x92s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain\x92s parent entity in Hong Kong. Bitmain is now offering two mutually exclusive options for customers whose orders are delayed. The first option is to send Bitmain a written request to speed up the delivery. If they still don\x92t receive their machines 60 days after the notice, they can request a refund. The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases. Read more: Power Struggle Inside Bitmain \x91Hard Forks\x92 Bitcoin Miner Production Related Stories Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.\n• The Beijing-basedbitcoinminer maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October.\n• The delay is caused by “external interference over the company’s management,” the official accountsaid.\n• It’s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance.\n• That means customers who ordered the June and July batches could have placed their orders as early as March and April.\n• The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially “hard-forked” the firm’s bitcoin miner production.\n• Currently, the official WeChat account of the AntMiner brand is controlled by Wu’s faction within the firm.\n• Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain’s Shenzhen-based factory since then.\n• The situation threatens to become a kind of stalemate: Zhan’s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain’s parent entity in Hong Kong.\n• Bitmain is now offering two mutually exclusive options for customers whose orders are delayed.\n• The first option is to send Bitmain a written request to speed up the delivery. If they still don’t receive their machines 60 days after the notice, they can request a refund.\n• The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases.\nRead more:Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'DUBAI, United Arab Emirates, Aug. 06, 2020 (GLOBE NEWSWIRE) -- WEI Art Collections (https://weiartcollections.art) has stayed true to the meaning of their name with a new art collection. WEI means extraordinary and WEI Art Collections is again set to excite the creative industry with their latest multi-million-dollar contemporary private art collection to celebrate blockchain technology. The new series is an unprecedented fusion of crypto-currency and art.\nWEI Art Collections has carved a niche for creating the finest, most extraordinary abstract, contemporary, and crypto art. With a team of talented and well-respected artists from different parts of the world, representing numerous cultural, ethnic, and racially diverse creative talent, the platform has provided art collectors as well as corporate and technology leaders with an opportunity to acquire exclusive works of art from the WEI Art Collections series.\nThe WEI Art Collections Innovation Series are specifically put together for crypto-currency whales, art buyers, and advocates of the blockchain technology. The series also has its obvious appeal to professionals in the financial sector. The latest collection is coming at the most ideal time, with the world rapidly embracing the features and benefits of crypto-currency and blockchain technology.\nIn the fall of 2018, Adam Lindemann stated in an article in Bloomberg news by Katya Kazakina (https://bloom.bg/3eYwpla) on November 29 as follows: "Everyone is talking about blockchain, but no one really understands it." Adam is a billionaire and abstract contemporary art collector, amongst the world\'s leading art collectors. He noted, "This is the right time to think about art and tech."\nAs the mp3 file undeniably influenced and redefined how the world listens to music, blockchain technology is about to be applied in numerous industries. The use of crypto-currency has become increasingly popular in recent times, with experts predicting growth to the tune of tens of trillions of dollars in the near future. The International Monetary Fund has also substantiated the claim, commenting on the advantages, stability crypto-currency values will enjoy as world economies, and fiat currencies continue to falter. However, the creative industry has been seemingly silent on the subject of crypto-currency and this is where WEI Art Collections is looking to change the narrative with the WEI Art Collections Innovation Series.\nWEI Art Collections initially features the top three of the most prominent crypto-currencies destined for global dominance in the blockchain, global banking, and financial industries. There is also the Innovation Series 21 featuring 21 unique works, developed exclusively featuring Bitcoin. The series is developed in commemoration of Bitcoins issuance of 21 million coins. WEI Art Collections exemplifies the pinnacle of the crypto-art medium, engaging and employing emerging artists directly.\nThe mission of WEI Art Collections is to be amongst the premier contemporary abstract and cryptography art designers/producers/collectors, featu Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,663,305,153 - Hash Rate: 130649505.528664 - Transaction Count: 356612.0 - Unique Addresses: 762479.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: WTI Crude Oil The West Texas Intermediate Crude Oil market has shown itself to be rather resilient during the trading session on Tuesday as we reached towards the $40 level but only found buyers at that point to turn around and reach towards the top of the gap yet again. The 200 day EMA sits just above so I think that will continue to cause major issues, right along with the 61.8% Fibonacci retracement level above there. All of those things at the same area should continue to cause major issues, so I do not think it is easy to break out from here. However, if we get a daily close that is significantly above the 200 day EMA and the 61.8% Fibonacci retracement level, it opens up the door to the $49 level. Crude Oil Video 08.07.20 Brent Brent markets of course are following the same trajectory as they typically do, with a lot of attention being paid to the $43 level. However, we have not filled the gap in this market, so we may have some “catching up” to do in order to set things straight. Ultimately, I do believe that this is a market that eventually tests the top of the gap, and possibly even the 200 day EMA which is just above there. I think that this market will probably lead the way for a potential break out in the WTI market, but at this point at the very least I would anticipate that Brent will outperform the WTI market, solely based upon the fact that we have yet to fill the gap. As we sit between the 50 and 200 day EMA, that normally makes for pretty choppy trading. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Daily Forecast – U.S. Dollar Tries To Rebound BTC Aims At Further Growth EUR/USD Price Forecast – Euro Choppy Back and Forth These Are the Factors Going for the S&P 500 Bulls Facebook Testing All-Time High Despite Growing Boycott Natural Gas Price Prediction – Prices Rise but Fail at Resistance... - Reddit Posts (Sample): [['u/Dezhitse', "Why Osana takes so long? (Programmer's point of view on current situation)", 271, '2020-08-06 00:24', 'https://www.reddit.com/r/Osana/comments/i4fazm/why_osana_takes_so_long_programmers_point_of_view/', "I decided to write a comment about «Why Osana takes so long?» somewhere and what can be done to shorten this time. It turned into a long essay. Here's TL;DR of it:\n\n>The cost of never paying down this technical debt is clear; eventually the cost to deliver functionality will become so slow that it is easy for a well-designed competitive software product to overtake the badly-designed software in terms of features. In my experience, badly designed software can also lead to a more stressed engineering workforce, in turn leading higher staff churn (which in turn affects costs and productivity when delivering features). Additionally, due to the complexity in a given codebase, the ability to accurately estimate work will also disappear. \n> \n>Junade Ali, Mastering PHP Design Patterns (2016)\n\nLonger version: I am not sure if people here wanted an explanation from a real developer who works with C and with relatively large projects, but I am going to do it nonetheless. I am not much interested in Yandere Simulator nor in this genre in general, but this particular development has a lot to learn from for any fellow programmers and software engineers to ensure that they'll never end up in Alex's situation, especially considering that he is definitely not the first one to got himself knee-deep in the development hell (do you remember [Star Citizen](https://en.wikipedia.org/wiki/Star_Citizen)?) and he is definitely not the last one.\n\nOn the one hand, people see that Alex works incredibly slowly, equivalent of, like, one hour per day, comparing it with, say, Papers, Please, the game that was developed in nine months from start to finish by one guy. On the other hand, Alex himself most likely thinks that he works until complete exhaustion each day. In fact, I highly suspect that both those sentences are correct! Because of the mistakes made during early development stages, which are highly unlikely to be fixed due to the pressure put on the developer right now and due to his overall approach to coding, cost to add any relatively large feature (e.g. Osana) can be pretty much comparable to the cost of creating a fan game from start to finish. Trust me, I've seen his leaked source code ~~(don't tell anybody about that)~~ and I know what I am talking about. The largest problem in Yandere Simulator right now is its super slow development. So, without further ado, let's talk about how «implementing the low hanging fruit» crippled the development and, more importantly, what would have been an ideal course of action from my point of view to get out. I'll try to explain things in the easiest terms possible.\n\n1. [else if's](https://i.ibb.co/GQrZ6rM/2h7wdn8p70e51.png) and lack any sort of refactoring in general\n\nThe most «memey» one. I won't talk about the performance though (`switch` statement is not better in terms of performance, it is a myth. If compiler detects some code that can be turned into a jump table, for example, it will do it, no matter if it is a chain of `if`'s or a `switch` statement. Compilers nowadays are way smarter than one might think). Just take a look [here](https://i.ibb.co/pnsw63m/elseif-before-refactoring.png). I know that it's his older JavaScript code, but, believe it or not, this piece is still present in C# version relatively untouched.\n\nI [refactored this code for you](https://i.ibb.co/r7txC00/ref1.png) using C language (mixed with C++ since there's no `this` pointer in pure C). Take a note that `else if`'s are still there, `else if`'s are not the problem by itself.\n\nThe refactored code is just objectively better for one simple reason: it is shorter, while not being obscure, and now it should be able to handle, say, Trespassing and Blood case without any input from the developer due to the usage of [flags](https://en.wikipedia.org/wiki/Bit_field). Basically, the shorter your code, the more you can see on screen without spreading your attention too much. As a rule of thumb, the less lines there are, the easier it is for you to work with the code. Just don't overkill that, unless you are going to participate in [International Obfuscated C Code Contest](https://en.wikipedia.org/wiki/International_Obfuscated_C_Code_Contest). Let me reiterate:\n\n>Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away. \n> \n>Antoine de Saint-Exupéry\n\nThis is why refactoring — activity of rewriting your old code so it does the same thing, but does it quicker, in a more generic way, in less lines or simpler — is so powerful. In my experience, you can only keep one module/class/whatever in your brain if it does not exceed \\~1000 lines, maybe \\~1500. Splitting 17000-line-long class into smaller classes probably won't improve performance at all, but it will make working with parts of this class way easier.\n\nIs it too late now to start refactoring? Of course NO: better late than never.\n\n2. [Comments](https://i.ibb.co/d0KrNr0/clown.jpg)\n\nIf you think that you wrote this code, so you'll always easily remember it, I have some bad news for you: you won't. In my experience, one week and that's it. That's why comments are so crucial. It is not necessary to put a ton of comments everywhere, but just a general idea will help you out in the future. Even if you think that It Just Works™ and you'll never ever need to fix it. Time spent to write and debug one line of code almost always exceeds time to write one comment in large-scale projects. Moreover, the best code is the code that is self-evident. In the example above, what the hell does `(float) 6` mean? Why not wrap it around into the constant with a good, self-descriptive name? Again, it won't affect performance, since C# compiler is smart enough to silently remove this constant from the real code and place its value into the method invocation directly. Such constants are here for you.\n\nI [rewrote my code above a little bit to illustrate this](https://i.ibb.co/L5XzCXq/ref2.png). With those comments, you don't have to remember your code at all, since its functionality is outlined in two tiny lines of comments above it. Moreover, even a person with zero knowledge in programming will figure out the purpose of this code. It took me less than half a minute to write those comments, but it'll probably save me quite a lot of time of figuring out «what was I thinking back then» one day.\n\nIs it too late now to start adding comments? Again, of course NO. Don't be lazy and redirect all your typing from «debunk» page (which pretty much does the opposite of debunking, but who am I to judge you here?) into some useful comments.\n\n3. Unit testing\n\nThis is often neglected, but consider the following. You wrote some code, you ran your game, you saw a new bug. Was it introduced right now? Is it a problem in your older code which has shown up just because you have never actually used it until now? Where should you search for it? You have no idea, and you have one painful debugging session ahead. Just imagine how easier it would be if you've had some routines which automatically execute after each build and check that environment is still sane and nothing broke on a fundamental level. This is called unit testing, and yes, unit tests won't be able to catch all your bugs, but even getting 20% of bugs identified at the earlier stage is a huge boon to development speed.\n\nIs it too late now to start adding unit tests? Kinda YES and NO at the same time. Unit testing works best if it covers the majority of project's code. On the other side, a journey of a thousand miles begins with a single step. If you decide to start refactoring your code, writing a unit test before refactoring will help you to prove to yourself that you have not broken anything without the need of running the game at all.\n\n4. [Static code analysis](https://en.wikipedia.org/wiki/Static_program_analysis)\n\nThis is basically pretty self-explanatory. You set this thing once, you forget about it. Static code analyzer is another «free estate» to speed up the development process by finding tiny little errors, mostly silly typos (do you think that you are good enough in finding them? Well, good luck catching `x << 4;` in place of `x <<= 4;` buried deep in C code by eye!). Again, this is not a silver bullet, it is another tool which will help you out with debugging a little bit along with the debugger, unit tests and other things. You need every little bit of help here.\n\nIs it too late now to hook up static code analyzer? Obviously NO.\n\n5. Code architecture\n\nSay, you want to build Osana, but then you decided to implement some feature, e.g. Snap Mode. By doing this you have maybe made your game a little bit better, but what you have just essentially done is complicated your life, because now you should also write Osana code for Snap Mode. The way game architecture is done right now, easter eggs code is deeply interleaved with game logic, which leads to code «spaghettifying», which in turn slows down the addition of new features, because one has to consider how this feature would work alongside each and every old feature and easter egg. Even if it is just gazing over one line per easter egg, it adds up to the mess, slowly but surely.\n\nA lot of people mention that developer should have been doing it in object-oritented way. However, there is no silver bullet in programming. It does not matter that much if you are doing it object-oriented way or usual procedural way; you can theoretically write, say, AI routines on functional (e.g. [LISP](https://en.wikipedia.org/wiki/Lisp_(programming_language))) or even logical language if you are brave enough (e.g. [Prolog](ht... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The U.S. Senate confirmed Securities and Exchange Commission commissioner Hester Peirce for a second term in a voice vote on Thursday. The Senate Banking Committee cleared Peirce\'s nomination alongside the nomination of Caroline Crenshaw on Wednesday . Peirce took office in 2018 and was formally nominated for a second term in early June. Peirce\'s second term will expire in 2025. Peirce is likely to continue advancing policy goals that have drawn cheers from the crypto industry, including her advocacy for the approval of a bitcoin ETF \x97 efforts to date have been stymied amid concerns about price manipulation and the lack of surveillance-sharing agreements across major marketplaces. In February, Peirce wrote in a dissenting statement about the agency\'s rejection of the United States Bitcoin and Treasury Investment Trust: "The Commission\'s approach to these bitcoin exchange-traded products is frustrating because it evinces a stubborn stodginess in the face of innovation." That same month, Peirce unveiled a safe harbor regulatory proposal for startups that conduct token sales. In exchange for giving token projects a three-year period in which to develop their networks and pursue a path of decentralization, such startups would be required to adhere to disclosure standards and SEC oversight. In a statement published Thursday night, SEC chairman Jay Clayton and fellow commissioners Elad Roisman and Allison Herren Lee congratulated Peirce and Crenshaw. "On behalf of our 4,500 dedicated colleagues, we applaud their long standing commitment to investors and look forward to their continued work to advance the SEC\'s vital mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation," they said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The U.S. Senate confirmed Securities and Exchange Commission commissioner Hester Peirce for a second term in a voice vote on Thursday.\nThe Senate Banking Committee cleared Peirce\'s nomination alongside the nomination of Caroline Crenshaw onWednesday. Peirce took office in 2018 and was formallynominatedfor a second term in early June. Peirce\'s second term will expire in 2025.\nPeirce is likely to continue advancing policy goals that have drawn cheers from the crypto industry, including her advocacy for the approval of a bitcoin ETF — efforts to date have been stymied amid concerns about price manipulation and the lack of surveillance-sharing agreements across major marketplaces. In February, Peirce wrote in adissenting statementabout the agency\'s rejection of the United States Bitcoin and Treasury Investment Trust: "The Commission\'s approach to these bitcoin exchange-traded products is frustrating because it evinces a stubborn stodginess in the face of innovation."\nThat same month, Peirceunveileda safe harbor regulatory proposal for startups that conduct token sales. In exchange for giving token projects a three-year period in which to develop their networks and pursue a path of decentralization, such startups would be required to adhere to disclosure standards and SEC oversight.\nIn astatementpublished Thursday night, SEC chairman Jay Clayton and fellow commissioners Elad Roisman and Allison Herren Lee congratulated Peirce and Crenshaw. "On behalf of our 4,500 dedicated colleagues, we applaud their long standing commitment to investors and look forward to their continued work to advance the SEC\'s vital mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation," they said.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', "Microsoft Inc (NASDAQ: MSFT ) is criticizing Apple Inc’s (NASDAQ: AAPL ) App Store policies, which have resulted in cloud gaming platforms of multiple companies being denied entry, the Verge reported Thursday. What Happened The Bill Gates-co-founded technology giant said\xa0Apple is denying consumers the benefit of accessing its game streaming service xCloud\xa0by unfairly enforcing its App Store policies\xa0— treating it differently than other media platforms. Microsoft said its testing period for xCloud preview app for iOS has expired. “Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” the Redmond-based company\xa0noted. “Apple stands alone as the only general purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass.” The iPhone maker is also denying permission for Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) subsidiary Google’s Stadia platform to list on its app store, the Verge noted. Apple, in a statement to Business Insider, said\xa0it denies cloud platform game apps listing on the app store because the games available on streaming platforms cannot be reviewed individually through its Game pass service. Why It Matters The Tim Cook-led company\xa0allows Netflix Inc. (NASDAQ: NFLX ) and Spotify Technology SA (NYSE: SPOT ) to run streaming services on its app store, but refuses\xa0to extend the same measures to gaming, citing its interactive nature, Insider noted. Apple also denied Facebook Inc’s (NASDAQ: FB ) new gaming application listing on its app store multiple times, claiming that the app acts as a storefront. The iPhone maker is facing accusations of being anticompetitive and is under investigation by the European Union. Last month, Cook defended Apple’s treatment of app developers at a House anti-trust hearing,\xa0alongside CEOs of Facebook, Alphabet, and Amazon.com Inc. (NASDAQ: AMZN ). Price Action Apple shares closed nearly 3.5% higher at $455.61 on Thursday and rose another almost 0.3% in the after-hours session.\xa0Microsofy shares closed 1.6% higher at $216.35 the same day. See more from Benzinga Microsoft Looking To Buy TikTok's Entire Global Business, Not Just In Four Countries: FT Square Reports Massive Q2 Earnings Beat, As Bitcoin Revenue Rises 600% Microsoft Commits To Become 'Zero Waste' Company By 2030, After Carbon Negative Pledge © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "Microsoft Inc(NASDAQ:MSFT) is criticizingApple Inc’s(NASDAQ:AAPL) App Store policies, which have resulted in cloud gaming platforms of multiple companies being denied entry, the VergereportedThursday.\nWhat Happened\nThe Bill Gates-co-founded technology giant said\xa0Apple is denying consumers the benefit of accessing its game streaming service xCloud\xa0by unfairly enforcing its App Store policies\xa0— treating it differently than other media platforms.\nMicrosoft said its testing period for xCloud preview app for iOS has expired.\n“Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” the Redmond-based company\xa0noted.\n“Apple stands alone as the only general purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass.”\nThe iPhone maker is also denying permission forAlphabet Inc(NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google’s Stadia platform to list on its app store, the Verge noted.\nApple, in astatementto Business Insider, said\xa0it denies cloud platform game apps listing on the app store because the games available on streaming platforms cannot be reviewed individually through its Game pass service.\nWhy It Matters\nThe Tim Cook-led company\xa0allowsNetflix Inc.(NASDAQ:NFLX) andSpotify Technology SA(NYSE:SPOT) to run streaming services on its app store, but refuses\xa0to extend the same measures to gaming, citing its interactive nature, Insider noted.\nApple also deniedFacebook Inc’s(NASDAQ:FB) newgaming applicationlisting on its app store multiple times, claiming that the app acts as a storefront.\nThe iPhone maker is facing accusations of being anticompetitive and is under investigation by the European Union.\nLast month, Cook defended Apple’s treatment of app developers at a House anti-trust hearing,\xa0alongside CEOs of Facebook, Alphabet, andAmazon.com Inc.(NASDAQ:AMZN).\nPrice Action\nApple shares closed nearly 3.5% higher at $455.61 on Thursday and rose another almost 0.3% in the after-hours session.\xa0Microsofy shares closed 1.6% higher at $216.35 the same day.\nSee more from Benzinga\n• Microsoft Looking To Buy TikTok's Entire Global Business, Not Just In Four Countries: FT\n• Square Reports Massive Q2 Earnings Beat, As Bitcoin Revenue Rises 600%\n• Microsoft Commits To Become 'Zero Waste' Company By 2030, After Carbon Negative Pledge\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Binance’s USD stablecoin has been given the green light by New York’s financial watchdog, meaning banks and financial institutions can use the asset without any further regulatory approval.\n• The New York Department of Financial Services (NYDFS)updated its "Greenlist"this week to include Binance USD (BUSD).\n• This means banks in the New York area can now custody and list BUSD without prior approval from the NYDFS but must still inform the regulator before adding it.\n• Binance Compliance Officer Samuel Lim told CoinDesk BUSD could be accepted “on an immediate basis” by licensed entities.\n• “So if tomorrow, JPMorgan decides to use BUSD, they can and can do so immediately,” he said.\n• Binance said BUSD was NYDFS-approved at itslaunchin September 2019, but exchanges needed approval before listing it.\n• BUSD is a white-label stablecoin from the Paxos Trust Company, which the NYDFS approved to issue stablecoins in 2018.\n• Bitcoin,etherandlitecoinare all on 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: 2020-08-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,663,305,153 - Hash Rate: 127299518.207416 - Transaction Count: 326499.0 - Unique Addresses: 707225.0 Social & AI Sentiment: - Fear & Greed Index: 0.77 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Gold's developer team has prevented an "extremely long attack chain" against the network according to a Friday announcement. According to the development team, an attacker rented hash power from mining service provider NiceHash on July 1 and secretly mined an alternative chain essentially creating a new transaction history for the network for nearly ten days, mining over 1,300 blocks in the process. On July 10, the attacker released the secret chain in an attempt to collect over 8,000 bitcoin gold, worth more than $75K at press time. The attacker was thwarted, however, as the Bitcoin Gold team detected the attack early on and alerted mining pools and exchanges about the potential attack. The team also privately supplied these entities with a new updated version of the Bitcoin Gold network, which implemented a checkpoint at block 640,650the most recent "honest block" before the attack. This new code, run by pools and exchanges, automatically rejected the attacker's chain when it was released on July 10. Bitcoin Gold has a history of reorg attacks. The network faced a $70,000 attack in January 2020 and an $18M attack in May 2018. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/gimbic1234567', 'Bitcoin. Gold. 5G. EV. Online education. Body cams. Drones. What’s next?', 19, '2020-08-07 03:07', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/', 'If you’ve been following stocks, then you know we’re always after the next big thing. \n\nAny predictions?\n\nI think guns still have a run in them as the election approaches. \n\nWhat do you guys think? What’s next?', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/', 'i54d3g', [['u/piratecheese13', 15, '2020-08-07 03:09', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mlrbw/', 'Space. Mining in space. Will have a permanent moon station by 2024, mining by 2025/2026. If you’re not invested in something that makes money off of mining Celestial bodies you need to rethink your portfolio', 'i54d3g'], ['u/Kuyper123', 15, '2020-08-07 03:11', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mlz3b/', 'Cloud technologies🚀. In the middle of its run atm will be hot for next 2 weeks imo.', 'i54d3g'], ['u/4point0stud', 10, '2020-08-07 03:33', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mo2wf/', 'Election coming, identification companies will be popular to prevent identity theft. \nAnd that’s why I’m holding BKYI currently', 'i54d3g'], ['u/piratecheese13', 10, '2020-08-07 04:12', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mrz1z/', 'Jeff Bezos has way more horizontal integration than Elon musk so yeah. It’s very obvious that everything Elon does is vertically integrated as every business he runs from Tesla to the Boring Company to SpaceX can be used in space flight. So it would make sense for his stuff to stay together as opposed to: a service that you listen to books on, a service you used to buy tchotchkes, a speaker with the microphone that listens to your every word and a spaceship company.\n\nHell, I’d rather see Richard Branson than Jeff Bezos go to space.', 'i54d3g']]], ['u/anonthanksforhelp', 'Restaurant in AUS, want to accept bitcoin as payment', 72, '2020-08-07 04:17', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/', 'Hey,\n\nI own a restaurant in Australia.\nI’d like to start accepting bitcoin as payment over the counter.\n\nEasiest and best software to use?\n\nFrom a quick google, companies like BitPay are bad.\n\nIf someone could please recommend a good, reliable, safe and secure method, that would be great. \n\nThanks.\n\nEDIT: massive thanks to everyone’s contribution!\n\n2ND EDIT: fuck all the bitcoin cash spam messages I’ve received, lol.', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/', 'i55et5', [['u/KyleSector', 18, '2020-08-07 05:33', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0n0277/', 'BTCPay Server dot org', 'i55et5'], ['u/stephanlivera', 22, '2020-08-07 06:25', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0n51ra/', "* [Btcpayserver.org](https://Btcpayserver.org) \\- Free open source alternative, will require a bit more work on your part, but will be more 'self sovereign'. talk to @pavlenex on Twitter if you want help - [https://twitter.com/pavlenex/status/1291528729563406336](https://twitter.com/pavlenex/status/1291528729563406336) \n* [https://travelbybit.com/become-a-merchant#form](https://travelbybit.com/become-a-merchant#form) \\- Travel By Bit can also help with this kind of thing", 'i55et5'], ['u/ferkevir', 13, '2020-08-07 08:00', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ncstp/', 'You know what, just download Phoenix wallet on your phone and accept BTC or lightning right away. No need third party ect.', 'i55et5'], ['u/Bitcoin_to_da_Moon', 17, '2020-08-07 09:15', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ni14r/', '>From a quick google, companies like BitPay are bad.\n\nYeeeeeeeeeeeeesss! We did it :-D', 'i55et5'], ['u/igadjeed', 11, '2020-08-07 09:17', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ni6d5/', 'To process over the counter sales, for a small number of transactions \n\n* install Electrum on a desktop PC, accessible to manager only \n* install the Android version of Electrum on the cashier\'s or servers\' phone(s) or tablet(s) \n* create the Android Electrum wallet(s) as watching-only wallets by pasting the zpub master public key from desktop Electrum to Android Electrum. This can be done quickly by displaying the zpub\'s QR on desktop and pointing the phone/tablet camera at the QR \n* to accept Bitcoin, the cashier uses the watching-only wallet on Android Electrum. Press "Receive", enter Bitcoin amount and description, press "Request". Electrum displays a QR image of the payment request. Customer points his phone camera at the cashier\'s phone to capture the QR, and pays the payment request with his phone wallet \n\nYou don\'t need a third-party service. Bitcoin is like cash, not like PayPal, not like credit cards \n\nYou don\'t need server-based software like BTCPay Server unless you\'re processing hundreds of Bitcoin payments per day \n\nFollowup here if you want click-by-click details for setting up Electrum, displaying the zpub, etc', 'i55et5'], ['u/willdocrazyobs4btc', 12, '2020-08-07 10:20', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0nm297/', "Phoenix wallet works best, especially if you're expecting only a small number of customer using Bitcoin. It does lightning = really cheap and fast payments. Once you'll have more customers than you can handle with one wallet, look at [Btcpayserver.org](https://btcpayserver.org/)", 'i55et5']]], ['u/TimesSquareMagician', 'A question to all degenerates from /r/wallstreetbets', 25, '2020-08-07 04:58', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/', 'Are you perving here on /r/Bitcoin for the possibility of asymmetric returns with a binary outcome ? Please share your stories.', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/', 'i560ul', [['u/MakeTotalDestr0i', 33, '2020-08-07 06:40', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/g0n6bpi/', "If you want to convince wsb tell them Bitcoin is a call option that never expires, so they don't have to give tendies to the theta gang anymore", 'i560ul'], ['u/xtal_00', 11, '2020-08-07 07:33', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/g0naoqj/', "BTC is like trading the S&P with 400x leverage.\n\nWhat's not to love?", 'i560ul']]], ['u/AutoModerator', '[Daily Discussion] Friday, August 07, 2020', 52, '2020-08-07 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/', 'i56zuq', [['u/jarederaj', 35, '2020-08-07 12:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0ntf02/', "If there's a weekend pump again then I'm going to be easily convinced that there's a bull whale strategy. In that scenario, a fair amount of the bull whale strategy is to completely fuck over short positions on CME. Consequently, CME drives the price up on arbitrage because every weekend shorts get fucked by a 5 -10% pump... And bulls/bots really start arbitraging BTC against futures prices on the CME contracts.\n\nCME is getting rekt because they're not open 24/7. The irony is rich.", 'i56zuq'], ['u/Quintall1', 20, '2020-08-07 12:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0ntt8l/', '100% my thoughts aswell these last few weeks, someone with aloootttaaaa coins is trying to fuck over CME, probably just to show whos boss in bitcoin world.\n\n "We tamed bitcoin" they will soon eat their words', 'i56zuq'], ['u/mrlegday', 11, '2020-08-07 12:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0numzr/', 'YES finally, it was so clear from the beggining that whales will abuse this hack.\n\nWallstreet can\'t compete with 24/7 markets, fuck syntetic cash settled futures!\n\n&#x200B;\n\nNow about that manipulation you mentioned, I did no... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.52% on Friday. Reversing a 0.20% gain from Thursday, Bitcoin ended the day at $11,580.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,900 before hitting reverse.\nFalling short of the first major resistance level at $11,914, Bitcoin slid to a late afternoon intraday low $11,326.\nBitcoin fell through the first major support level at $11,581 and the second major support level at $11,402.\nFinding late support, however, Bitcoin broke back through the second major support level to end the day at $11,580.\nThe first major support level at $11,581 pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day for the majors on Friday.\nBitcoin Cash SV (-4.48%), Cardano’s ADA (-3.93%), Ethereum (-3.93%), Litecoin (-3.10%), Stellar’s Lumen (-3.44%), and Tezos (-4.53%) led the way down.\nBinance Coin (-1.85%), Bitcoin Cash ABC (-2.15%), EOS (-2.54%), Monero’s XMR (-1.10%), Ripple’s XRP (-2.87%), and Tron’s TRX (-1.83%) saw relatively modest losses on the day.\nIn the current week, the crypto total market cap rose from a Monday low $323.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $342.33bn.\nBitcoin’s dominance fell from a Monday high 62.46% to a Tuesday low 61.24%. At the time of writing, Bitcoin’s dominance stood at 62.69%.\nAt the time of writing, Bitcoin was up by 0.17% to $11,599.6. A mixed start to the day saw Bitcoin fall to an early morning low $11,523.0 before rising to a high $11,608.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-1.02%), Cardano’s ADA (-0.09%), EOS (-0.38%), Monero’s XMR (-0.80%), Stellar’s Lumen (-0.02%), Tezos (-0.74%), and Tron’s TRX (-0.90%) saw red.\nIt was a bullish start for the rest of the majors, however.\nBitcoin Cash ABC was up by 0.22% to lead the way.\nBitcoin would need to move through the $11,600 pivot to support a run at the first major resistance level at $11,878.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,800 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $11,900 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,176.\nFailure to move through the $11,600 pivot level would bring the first major support level at $11,304 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels. The second major support level at $11,028 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Melt-Up Continues While Metals Warn of Risks\n• Silver Price Forecast – Silver Markets Finally Acknowledging Gravity\n• Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Sideways\n• Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion\n• Gold Price Forecast – Gold Markets Form Bearish Engulfing Candlestick\n• Natural Gas Price Prediction – Prices Rise Forming Bull Flag Pattern', 'Bitcoin, BTC to USD, fell by 1.52% on Friday. Reversing a 0.20% gain from Thursday, Bitcoin ended the day at $11,580.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,900 before hitting reverse. Falling short of the first major resistance level at $11,914, Bitcoin slid to a late afternoon intraday low $11,326. Bitcoin fell through the first major support level at $11,581 and the second major support level at $11,402. Finding late support, however, Bitcoin broke back through the second major support level to end the day at $11,580. The first major support level at $11,581 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day for the majors on Friday. Bitcoin Cash SV (-4.48%), Cardano’s ADA (-3.93%), Ethereum (-3.93%), Litecoin (-3.10%), Stellar’s Lumen (-3.44%), and Tezos (-4.53%) led the way down. Binance Coin (-1.85%), Bitcoin Cash ABC (-2.15%), EOS (-2.54%), Monero’s XMR (-1.10%), Ripple’s XRP (-2.87%), and Tron’s TRX (-1.83%) saw relatively modest losses on the day. In the current week, the crypto total market cap rose from a Monday low $323.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $342.33bn. Bitcoin’s dominance fell from a Monday high 62.46% to a Tuesday low 61.24%. At the time of writing, Bitcoin’s dominance stood at 62.69%. This Morning At the time of writing, Bitcoin was up by 0.17% to $11,599.6. A mixed start to the day saw Bitcoin fall to an early morning low $11,523.0 before rising to a high $11,608.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-1.02%), Cardano’s ADA (-0.09%), EOS (-0.38%), Monero’s XMR (-0.80%), Stellar’s Lumen (-0.02%), Tezos (-0.74%), and Tron’s TRX (-0.90%) saw red. Story continues It was a bullish start for the rest of the majors, however. Bitcoin Cash ABC was up by 0.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,600 pivot to support a run at the first major resistance level at $11,878. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,800 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $11,900 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,176. Failure to move through the $11,600 pivot level would bring the first major support level at $11,304 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels. The second major support level at $11,028 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Melt-Up Continues While Metals Warn of Risks Silver Price Forecast – Silver Markets Finally Acknowledging Gravity Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Sideways Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion Gold Price Forecast – Gold Markets Form Bearish Engulfing Candlestick Natural Gas Price Prediction – Prices Rise Forming Bull Flag Pattern', 'Ben Goertzel is founder and CEO of SingularityNET, a blockchain-based AI marketplace project. The global need for scalable, usable decentralized information technologies has never been more acute than right now, mid-pandemic. Forced digitalization is driving most of the world’s population further into the grip of big tech companies. As more of life goes online, more of the world’s data goes into their hands, and a higher percentage of human thoughts and behaviors are guided by their self-serving algorithms. Related: Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges Effective management of the pandemic cries out for integrated analysis of medical data and data on human movement and interaction. However, integrated doesn’t have to mean centralized. Indeed, the centralized nature of many track-and-trace apps has been their doom , rendering them mostly non-functional due their incompatibility with Google and Apple’s latest privacy-respecting features. See also: For Contact Tracing to Work, Americans Will Have to Trust Google and Apple A recent survey done by my colleagues at Humanity+, a nonprofit that advocates for ethical use of technology, showed that, of the attendees at their online event, 61% were not comfortable with governments collecting their physiological and medical data, even in a pandemic context. But 92% would rather their medical data be stored on a blockchain, than centralized government databases. We should have a global, decentralized system for collecting medical, movement, interaction and lifestyle data from everyone on the planet – and methods to analyze it in a secure, anonymous way. Statistical and AI analysis should be guided democratically by everyone contributing data. While policy could be set by sophisticated agent-based modeling leveraging this data, without sacrificing privacy. Related: The Fourth Era of Blockchain Governance We are not so far off from realizing such a system. A number of relevant tools were created by the 1,000+ developers participating in the COVIDathon decentralized-AI hackathon against COVID this spring. Part of my AI team at SingularityNET set aside their work temporarily to focus on building the Rejuve COVID App that identifies infections early based on data from smartphone peripherals like fitbits and digital thermometers as well as relevant policy decisions like the opening/closing of schools and restaurants. Story continues It’s clear that the centralized systems currently running the planet are not to be trusted to coordinate the next growth phase of humanity However valuable these efforts are, the decentralized software ecosystem is not at the point where it can be used as the default for carrying out all aspects of pandemic management. COVID-19 will be beaten relatively soon, and my hope is that decentralized tools will play a role in the solution, even if not a dominant one.\xa0This is unlikely to be the last nor worst pandemic, nor the last nor worst crisis, to hit humanity.\xa0I’m hopeful the decentralized tools being built today will be pivotal in whatever comes next. Hype cycles The web went from idea to reality in the space of a decade. While Vannevar Bush’s memex (1950s) and Ted Nelson’s Xanadu (1960s) pr Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,158,052,534 - Hash Rate: 118924549.904297 - Transaction Count: 283631.0 - Unique Addresses: 625679.0 Social & AI Sentiment: - Fear & Greed Index: 0.77 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Related: If Crypto Is Anything Like Fixed-Income, Its Going to Need a Fatter Textbook Over time, as with fixed income, digital asset participants will begin to specialize. Related Stories One Mans Mission to Deploy Solar-Powered Bitcoin Nodes Across Africa US Supreme Courts Computer Fraud Ruling Has Big Implications for Crypto... - Reddit Posts (Sample): [['u/Dronest', 'Verified Squad Member Idea', 96, '2020-08-08 01:59', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/', "So, there's definitely a lot of people complaining about not being able to help friends. Some people are doing things a little bit more than others (SICC cases) but I would really like to help a friend that's lower level than me(small stuff like gpus for btc farm), but I'm worried about being banned for boosting.\n\n\nOne thought I had was what if BSG had a system where if you raid in the same squad with a player after 25-30 raids you guys become verified squad mates. That way, if you're wanting to help them out BSG knows it's not just RMT because it wouldn't be worth it for them to get verified, but people wanting to help their friends with their excess wealth wouldn't have to stress about getting banned.\n\n\nSorry for the poor formatting, I'm on mobile.\n\n\nEDIT: An example of a reason I would want something like this would be -- my hideout and quests are done, my buddy is working on Private Clinic, I want to help him get LedX's, but he doesn't have the emercom key or many shoreline keys. I would like to be able to have him hit power, me grab the LedX and shove it up my prison pocket. But if I die I'd like to bring it to him the next raid without worrying about being banned.", 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/', 'i5p3eh', [['u/Pappascorched', 19, '2020-08-08 02:03', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/g0qleju/', 'I personally like this idea', 'i5p3eh'], ['u/Prof_Messer', 14, '2020-08-08 02:19', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/g0qn3lf/', 'While it’s a great idea, it has been said they do not like boosting other players. So I doubt it will ever be reality.', 'i5p3eh']]], ['u/ImAtWorkWorkWorkWork', 'Finally purchased my first bitcoin!', 140, '2020-08-08 02:19', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/', "It was only $50 worth (US) but I have wanted to invest for so long and have never done it. Excited to start investing on a regular basis even if it's small amounts!", 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/', 'i5pf6x', [['u/Techstepper77', 16, '2020-08-08 02:22', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qnetg/', 'Getting foot in the door is first step. Congrats!', 'i5pf6x'], ['u/Mark_Bear', 42, '2020-08-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qp41s/', 'An important milestone in life.\n\n&#x200B;\n\nWelcome to Bitcoin.', 'i5pf6x'], ['u/skagnboneman12', 23, '2020-08-08 02:59', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qrbgz/', 'Keep adding what you can and I suggest that you use the DCA, (dollar cost averaging), method. Your sats will soon stack up. Set yourself an achievable goal like 0.1 Bitcoin and keep adding every week what you can afford. I started in January and I have hit two goals in Bitcoinville. Good luck to you. Viva Bitcoin 🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f.', 'i5pf6x'], ['u/skagnboneman12', 10, '2020-08-08 03:49', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qwom1/', "🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007fYep that's the Welsh flag just to show that cryptocurrency has even reached us here in the dark Valleys of South Wales. Viva Bitcoin 🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f", 'i5pf6x']]], ['u/HunterMitchell625', 'Can we just make a giant list of ideas. I just want to know the possibilities', 151, '2020-08-08 02:52', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/', 'r/keep r/in r/mind r/there r/is r/a r/subreddit r/for r/anything r/that r/is r/specific\n\n\nActive:\n\nFood stand, participating in flea market, donating blood/plasma/eggs, doing real life surveys, provide a service of your specialty, day or micro stock trader, golf caddying, flyer delivery (better on election day), Uber/Lyft (better on holidays), medical study, letgo/facebook marketplace/craigslist gig, photography, focus groups, tutoring, handmade items (just look up DIY projects to make then sell online)\n\nSemi passive:\n\nVending machine, eCommerce, buy existing business, merchandise, laundromat, rent out equipment, etsy or ebay, arcade, swing or position stock trader.\n\nPassive:\n\nInvest in dividend or index stocks, bonds, referral, Adsense, stock photos, online course, software, music, subscriptions, information, Bitcoin mining, way more viable now because last gen (think RX460-80 or GTX1050-80) are cheaper now, credit card churning, private lending, rent space for storage or like a hotel, internet sharing, affiliate marketing, mobile apps.\n\n\n\nPotentially all:\n\nBlog, social media, lead generation.\n\n\n\nSuspicious:\n\nActive: Drug dealer, prostitute.\n\nSemi-passive:\n\nPassive:\n\n\nWhen you make the top 2 spots on a subreddit.', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/', 'i5pxhn', [['u/Wicked_gr3y', 17, '2020-08-08 03:36', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0qv9bi/', 'I like stocks that pay dividends each month. You buy them once and then it’s really passive.', 'i5pxhn'], ['u/smokerswild', 25, '2020-08-08 04:28', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0r0rvb/', 'drug dealing is far from passive or semi passive; you gotta invest in the product, prepare said product, find customers, make the sale, delivering the product, and then the admin side of drug dealing (accounting, ‘payroll’, security, R&D). Probably the most active option out of anything OP mentioned. \n\n“I’m not a businessman, I’m a business, man!”', 'i5pxhn'], ['u/yokotron', 31, '2020-08-08 05:58', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0r9mpw/', 'God, I had vending machines. It was a nightmare. Also, look into insurance and requirements for health stuff. Best day when I got rid of them.', 'i5pxhn'], ['u/Anymeans6', 17, '2020-08-08 07:12', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0rfxpv/', 'Active with high flexibility:\n\nGolf Caddying, working election day for a political campaign ( seriously you can make $100-300 just handing out flyers all day), donating plasma/sperm/eggs/stool, scrap metal, Uber/Lyft/Food Delivery, Tutoring, Focus Groups, photography, handing out flyers, surveys, craigslist gigs, medical research study\n\nPassive: Investing with dividend stocks/index funds, credit card churning, Bitcoin mining, Packet/Internet sharing, rental income/AirBnb, phone-farm, savings bonds', 'i5pxhn'], ['u/Jimboy10', 14, '2020-08-08 13:24', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0s3g3s/', "I'm guessing the fact they need to be restocked on a weekly basis, which includes trips to wholesalers, then individually restocking every machine. All for probably under 3 figures a week per machine.", 'i5pxhn']]], ['u/Belvador', 'Just wanna thank all you guys. You’ve taught me the power of hodling', 101, '2020-08-08 04:13', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/', 'About 4.5 months ago I made a post about how I was making small profits day trading BTC when it was hovering around 9k. Every comment on that post was warning me against it. I took some time and learned a bit more about bitcoin. Looking back, I wish I’d have hodled it. Now I’m at .15 BTC with no plans of selling anytime soon. Btc is the future. Thanks guys', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/', 'i5r3ki', [['u/ElephantGlue', 24, '2020-08-08 04:18', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0qzpho/', '!lntip 1000\n\nSteel hands bro, steel hands..', 'i5r3ki'], ['u/GodGMN', 15, '2020-08-08 04:37', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0r1r33/', "Honestly selling at historical highs and later buy the dip is not a bad idea but it's better to just have steel hands and steel balls and not touch the fuck out of it unless you are ready to buy a house and a lambo and still have enough for your retirement fund", 'i5r3ki'], ['u/Quintall1', 13, '2020-08-08 08:12', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0rkhud/', 'Dude you have 15 MILLION satoshis. Just let that sink in.', 'i5r3ki']]], ['u/SaintFromHell', 'I need some serious help with bitcoin.', 31, '2020-08-08 05:52', 'https://www.reddit.com/r/BitcoinBeginners/comments/i5shmw/i_need_some_serious_help_with_bitcoin/', 'Ok this is a weird situation and may not be something anyone here can help me with but I figure it\'s worth a shot. So basically my father just passed away and has an app on his phone call BTC Block Explorer, the app tells me he had a "SUM BALANCE" of 18.3329982 bitcoins from all the addresses. There\'s over 2000. I have no clue how any of this works, I don\'t understand if this is money he had or if he was mining bitcoin or if this is spent money. I\'ve been reading and reading on bitcoins but none of it is clicking. He doesn\'t have any funds anywhere else on any accounts. I have no idea how I\'d access these funds if they ev... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.59% on Saturday. Reversing a 1.52% fall from Friday, Bitcoin ended the day at $11,764.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,523 before finding support.\nSteering clear of the first major support level at $11,304, Bitcoin rose to a mid-day intraday high $11,796.\nFalling short of the first major resistance level at $11,878, Bitcoin fell back to a low $11,601.\nAvoiding sub-$11,600 levels, Bitcoin moved back through to $11,700 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day for the majors on Saturday.\nCardano’s ADA and Tezos led the way, with gains of 5.74% and 9.84% respectively.\nBinance Coin (+2.64%), Ethereum (+4.67%), Litecoin (+2.15%), and Tron’s TRX (+3.19%) also found strong support.\nBitcoin Cash ABC (+1.61%), Bitcoin Cash SV (+1.25%), EOS (+1.89%), Monero’s XMR (+1.08%), Ripple’s XRP (+0.40%), and Stellar’s Lumen (+0.97%) trailed the pack.\nIn the current week, the crypto total market cap rose from a Monday low $322.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $349.48bn.\nBitcoin’s dominance fell to a Tuesday low 61.24% before rising to a Friday high 63.16%. At the time of writing, Bitcoin’s dominance stood at 62.15%.\nAt the time of writing, Bitcoin was down by 0.08% to $11,755. A mixed start to the day saw Bitcoin rise to an early morning high $11,777.1 before falling to a low $11,746.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCardano’s ADA and Tezos led the way down, with losses of 1.23% and 1.38% respectively.\nBinance Coin (-0.75%), EOS (-0.11%), Litecoin (-0.21%), Monero’s XMR and Stellar’s Lumen (-0.44%) also saw red.\nBitcoin Cash ABC (+0.80%), Bitcoin Cash SV (+0.80%), Ethereum (+0.06%), Ripple’s XRP (+0.09%), and Tron’s TRX (+0.47%) found early support.\nBitcoin would need to avoid a fall through the $11,694 pivot to support a run at the first major resistance level at $11,866.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,796.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,967.\nA fall through the $11,694 pivot level would bring the first major support level at $11,593 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level at $11,421 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion\n• Price of Gold Fundamental Daily Forecast – Better Jobs Report Gives Investors Good Excuse to Book Profits\n• European Equities: A Week in Review – 08/08/20\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Show Signs of Resistance Again\n• The Weekly Wrap – A First Weekly Rise for the Greenback in 7-Weeks…\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 8th, 2020', 'Bitcoin, BTC to USD, rose by 1.59% on Saturday. Reversing a 1.52% fall from Friday, Bitcoin ended the day at $11,764. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,523 before finding support. Steering clear of the first major support level at $11,304, Bitcoin rose to a mid-day intraday high $11,796. Falling short of the first major resistance level at $11,878, Bitcoin fell back to a low $11,601. Avoiding sub-$11,600 levels, Bitcoin moved back through to $11,700 levels to deliver the upside on the day. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Saturday. Cardano’s ADA and Tezos led the way, with gains of 5.74% and 9.84% respectively. Binance Coin (+2.64%), Ethereum (+4.67%), Litecoin (+2.15%), and Tron’s TRX (+3.19%) also found strong support. Bitcoin Cash ABC (+1.61%), Bitcoin Cash SV (+1.25%), EOS (+1.89%), Monero’s XMR (+1.08%), Ripple’s XRP (+0.40%), and Stellar’s Lumen (+0.97%) trailed the pack. In the current week, the crypto total market cap rose from a Monday low $322.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $349.48bn. Bitcoin’s dominance fell to a Tuesday low 61.24% before rising to a Friday high 63.16%. At the time of writing, Bitcoin’s dominance stood at 62.15%. This Morning At the time of writing, Bitcoin was down by 0.08% to $11,755. A mixed start to the day saw Bitcoin rise to an early morning high $11,777.1 before falling to a low $11,746.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA and Tezos led the way down, with losses of 1.23% and 1.38% respectively. Story continues Binance Coin (-0.75%), EOS (-0.11%), Litecoin (-0.21%), Monero’s XMR and Stellar’s Lumen (-0.44%) also saw red. Bitcoin Cash ABC (+0.80%), Bitcoin Cash SV (+0.80%), Ethereum (+0.06%), Ripple’s XRP (+0.09%), and Tron’s TRX (+0.47%) found early support. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,694 pivot to support a run at the first major resistance level at $11,866. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,796. Barring an extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,967. A fall through the $11,694 pivot level would bring the first major support level at $11,593 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level at $11,421 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion Price of Gold Fundamental Daily Forecast – Better Jobs Report Gives Investors Good Excuse to Book Profits European Equities: A Week in Review – 08/08/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Show Signs of Resistance Again The Weekly Wrap – A First Weekly Rise for the Greenback in 7-Weeks… EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 8th, 2020', 'Evan Shapiro is CEO and co-founder of O(1) Labs , the team behind Coda Protocol , a lightweight chain that affords all participants fully P2P, permissionless access from any device. Who controls Bitcoin? A hint: It\x92s not you. And it\x92s a far cry from the decentralized utopia many claim it to be. Systems of power are rapidly asserting control over Bitcoin. And their incentives are not your incentives. As an industry, we\x92re at a critical juncture, and we have to choose. We either demand that the properties of user ownership and censorship resistance pioneered by Bitcoin persist. Or, we accept the facade of false-decentralization that has been erected by a centralized regime. Our revolution is being stolen, but it\x92s not too late to take it back. Related: Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges First, let\x92s take a look at who controls the Bitcoin blockchain. Sixty-five percent of its hashrate is in one country: China. Globally, about 10 different organizations control 90% of the hashpower. The big pools are all linked together with dedicated networking connections. If I described to you a council of 10 companies dictating the future of a product, and more than half are in China and beholden to a centralized government, would you call that decentralized? No, but that\x92s the state of Bitcoin today. See also: Justin S. Wales \x96 Why Bitcoin Is Protected by the First Amendment Maybe you don\x92t care. Maybe you say, \x93even a 51% attack would be fine by me, because they are still economically aligned in the best interest of the protocol.\x94 You\x92d be very wrong, but you wouldn\x92t be the first person to assume that a centralized power could represent your interests well. There are countless examples in history of misplaced trust in a centralized authority. Some of those authorities were beloved revolutionaries, leaders, countrymen and members of their community. Everyone thought, \x93They love their country, they won\x92t do anything to cause it harm.\x94 Story continues Robert Mugabe, the former dictator of Zimbabwe for 30 years, started his career as a beloved political revolutionary. He was instrumental in gaining independence from colonial rule. At the time, it would have been hard to think of someone who loved his country more. But that was at the beginning, before he amassed centralized authority. He ended his career causing mass starvation and social upheaval because of brutal, misinformed and, ultimately, failed social and monetary policies. Related: Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased The problem is never just a single leader, it\x92s the system in which they are operating. Without checks against centralized power, what remains is to trust it will all be ok. And it never is. So, why would this time be any different? Because Bitcoin is somehow inherently different? Because the person, or people, who created it had revolutionary ideas? Come on. Crypto was supposed to protect us from this, but instead, it\x92s given us new names with the same misaligned incentives. The analog of social and mon Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,158,052,534 - Hash Rate: 130649505.528664 - Transaction Count: 268402.0 - Unique Addresses: 564507.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Preston Byrne, a columnist for CoinDesk’s Opinion section, is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a roundup of pertinent legal topics in the crypto space. It is most definitely not legal advice. Among the libertarians, I am something of an odd duck in that I am not a journalist, yet I have a blue check mark. I am proud of my blue check mark. I’m not sure how I got it. Back in the day, Twitter had a form you could fill in with links to press coverage if you wanted a blue check mark. I did so. One day, months later, a lot of my friends and I in fintech and Crypto Twitter suddenly had blue check marks next to our names. Related: It was great. CoinDesk’s full coverage of the Twitter hack Who was responsible for granting it to me, I do not know. I thank that person, because the day I got that blue check mark ranks right up there with the day I got married or the birth of my firstborn. (Except, I am not married and have no children; it is possible that this state of affairs relates to the inordinate amount of time I spend on Twitter.) If it is related, it was worth it. But apart from that, there are normally few if any downsides. Few, that is, until the Great Blue Checkmark Blackout the other day. For those of you living under a rock, Twitter – or, more probably, an employee of Twitter – had his or her employee login hacked (or deliberately sold) the other day. Following this, a number of well-followed accounts – Elon Musk, Bill Gates, Barack Obama and Joe Biden, to name a few – posted a promise that if Twitter users would send bitcoin to a particular address, the users would get double that amount sent back to them in return. Related: Colorado Is Betting on ETHDenver and Web 3 for Its Next Lottery Games Twitter immediately locked down all of the blue check marks while it responded to the incident. There was much rejoicing. Usually, this scam is carried out by seizing control of the account of a lesser blue check who uses SMS two-factor authentication that points to an actual phone (rather than Google Voice). The lesser blue check gets SIM swapped, following which the attacker changes the user’s profile and display name to that of a famous person (e.g. Elon Musk) and then posts the “send me Bitcoin!” tweet. The famous person’s stans , seeing the “verified” badge and the display name (but not the lesser blue check’s less prominent user handle), promptly comply. Story continues See also: Nic Carter – After the Twitter Hack, We Need a User-Owned Internet More Than Ever In this instance, the fact that (a) these verified accounts had millions of followers and (b) the attack appears to have pulled back the curtain on a “God Mode” moderation tool makes this a story. For those of us who have been around for awhile, there’s nothing new about this scam. What makes it notable is who got hacked, not what the hackers sought to achieve . Twitter responded by prohibiting the posting of cryptocurrency addresses. This is most certainly not “good for Bitcoin.” Twitter is (quite properly) responding to unlawful use of its platform by preventing bad actors from exploiting the platform. But at the same time it is also preventing good actors like Balaji Srinivasan from soliciting bitcoin bounties on the platform. Some responses from the Bitcoin community such as this from Nic Carter , called for a “user-owned internet” and decried the “sheer centralization” on display in this breach. Others, such as Muneeb Ali, said the breach “accelerated us towards a decentralized web by 5 years.” We should be careful not to overplay our hand. To start, the decentralized-ish protocols available for social media today are either clunky (ActivityPub) or un-scalable (in the case of the chains). Also, although centralization was an issue here, it does not follow that decentralization of the platform itself is the solution, as many blockchain promoters past and present claim. (See, for example, Vitalik Buterin pitching Ethereum as an identity solution to Elon Musk; the grownups in the room will be aware that Ethereum, all-singing and all-dancing in its marketing material, doesn’t do everything its stans say it does.) Decentralized solutions don’t operate as a PKI directory, like Keybase, and don’t have the ability to process meatspace ID, e.g., for driver licenses. Smart contracts can’t tell us much other than that someone, somewhere, was granted permission to write to that script. The smart move here by the crypto community is not to overreach and declare the end of the centralized web. Furthermore, there appears to be a much simpler fix. All Twitter, or indeed any social media company needs to do, is design client-side software that authenticates (a) that a user (b) who was verified by the service and (c) was logged into the service and (d) sent a message on the service (e) signed with a key or a device that the user presented to the service when first obtaining their verification. Such functionality would immediately alert a reader to a possible problem with the authenticity of the message. There might be a “green check mark” for messages that are validly signed, and a “red X” for messages that are unsigned. And the appearance of any message should be placed beyond the ability of any employee or moderator to falsify. Even this wouldn’t prevent an attacker who gained control of the device, or knowledge of the keys, from carrying out the “send Bitcoin!” scam. But it would make it considerably harder to pull off than with weak two-factor auth and apparently unlimited moderator power. See also: The Decentralized Web Has Plans, if Not Solutions, for the Misinformation Nightmare Apps like Keybase and Signal have shown that strong cryptography is increasingly accessible to ordinary internet users. Long gone are the days of PGP which, per Mike Hearn , “was so bad terrorists would rather die than use it.” The smart move here by the crypto community is not to overreach and declare the end of the centralized web. It’s to communicate to platforms that we expect client-side digital signatures and encryption in their offerings, so we can safely use online publishing platforms to send the financial communications of the future in a secure way. The alternative is that platforms will ban cryptocurrency addresses. I know which option I prefer. Related Stories Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem View comments... - Reddit Posts (Sample): [['u/AlexDRibeiro', 'Bitcoin endgame', 43, '2020-08-09 00:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/', 'Hi everybody \nI am still getting started in the world of cryptocurrencies, focusing on understanding how bitcoin works. I chose bitcoin because it is the most established cryptocurrency and with the higher chance of becoming a full fledge currency worldwide, being used by everyone (at least that’s what I think at the moment, I might be wrong here)\nI know that the practical limit for bitcoin is 21 million bitcoins and each bitcoin can be divided into 100 million satoshi.\nMy question is, assuming bitcoin takes over as a single global currency and everyone is using it, isn’t the total amount of satoshi too little? I mean, if you split the total amount of bitcoin by everyone in the world, each person receives a relative small amount of bitcoin (I did a rough estimate, and from my estimates, each person would have the equivalent of 30€ in bitcoin)\n\nThanks in advance for dedicating the time to this weird question :)\n\nEDIT: \n\nThank you all for the answers.\nLike it has been said I agree that the main obstacle for bitcoin to become the one currency on a global scale is politics because no one, in this case governments would like to loose control of their money.\n\nWith the increase in market cap and the subdivision of satoshi’s (part that I was unaware of), bitcoin could be used as the global currency because, at the same time, bitcoin would have enough “value” to represent the global economy and would be divisible enough to a reasonable value for cheap stuff like a bottle of water.\n\nThe main technical issue that I see at the moment is the difference to fiat in how bitcoin is stored (hardware wallets) and transferred between two entities (addresses and private keys). For me it is something that I am starting to understand but I think it would be close to impossible for the majority of people that are older / not so tech oriented. I haven’t yet bought bitcoin, just got a bit of exposure to it using Revolut and decided to explore it on a deeper level.\n\nOne other thing that was referred was that subdividing satoshi’s is similar to “printing” money and would lead to inflation. I understand why this is being said, because creating money or dividing the current supply into smaller amounts can be seen as having the same overall effect. I think that the key difference in the division of satoshi’s is that it is not controlled by a central authority. For example if a new base unit that corresponded to 1/100 of a satoshi was created, everyone would be affected equally. When money is being printed by a central bank or government, they are increasing their wealth by making everyone else poorer, since they are increasing the percentage of money they have (note that I am not an economist and this explanation probably is flawed).', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/', 'i68cco', [['u/bitusher', 16, '2020-08-09 00:43', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/g0u1t9l/', '>and each bitcoin can be divided into 100 million satoshi.\n\nEach satoshi can be divided into 1000 parts as well on the Bitcoin lightning network today. Large transactions will be done onchain, most day to day transactions will be done on other layers like\npayment channels , sidechains, statechains that are more divisible than onchain. Already over half my transactions are lightning ones', 'i68cco'], ['u/TurongaFry3000', 13, '2020-08-09 01:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/g0u4yj6/', "21 million BTC split evenly between 7.8 billion people is 0.0023 BTC per person.\n\nThat's 230,000 satoshis. \n\nThe price of Bitcoin is just going to keep going up because Bitcoin is deflationary. \n\nTry to get a whole Bitcoin before you can no longer afford it.", 'i68cco']]], ['u/thomascr9695', 'Thank you Satoshi', 127, '2020-08-09 00:37', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/', "Sometimes it is easy to get lost in the gains we've been making, but lets not forget to thank satoshi. Imagine a world were we had no Bitcoin, how would we have ever been enable to fight the feds actions? The people have a tool to fight back now, this is something we've never had in history. Its time to kill the greed from the people in power.", 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/', 'i68ciu', [['u/Leading_Zeros', 45, '2020-08-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0u2ay9/', 'Satoshi had the best idea any human has ever had. Thank you Satoshi Nakomoto.', 'i68ciu'], ['u/thegrandknight', 11, '2020-08-09 02:00', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0ua1tq/', 'Bitcoin is Occupying wallstreet.', 'i68ciu'], ['u/Mark_Bear', 11, '2020-08-09 02:27', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0ucxht/', "It has freed me, so you're wrong.", 'i68ciu'], ['u/lib3rty47', 34, '2020-08-09 03:11', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0uhs8e/', 'it just blows my mind how much a polymath satoshi had to be. He understood Computer Sciences, Finance/Economics, History, Global Politics, Human Fear/Greed Psychology and the power of memes.', 'i68ciu']]], ['u/EsquimaltHarbour', 'Who to support?', 15, '2020-08-09 02:54', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/', 'Hi,\n\nI used to watch btcc as a kid in the late nineties, and I thought about restarting now. But I have no idea who is who. Who is interesting/relatable/exciting and therefore with supporting?', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/', 'i6agcq', [['u/Eriugam31', 19, '2020-08-09 03:37', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/g0ukmhj/', "You don't have to support or follow a particular team and or driver. Just enjoy it as a whole, it's one of the few remaining competitive Motorsport series that isn't dominated by one particular team.", 'i6agcq'], ['u/Cyteless', 12, '2020-08-09 11:10', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/g0vkbgb/', 'Tom Ingram, probably. Single car effort, hard racer, not the best car in the grid so he has to race hard.', 'i6agcq']]], ['u/Brawl97', 'Minds = Changed, A guide to highlander thief priest', 131, '2020-08-09 03:04', 'https://www.reddit.com/r/CompetitiveHS/comments/i6als6/minds_changed_a_guide_to_highlander_thief_priest/', "[I recently got to legend with highlander priest.](https://imgur.com/a/ADtQE6Y) \n\n[Here's the decklist](https://imgur.com/mBN2JAC)\n\nAAECAa0GHh7cAZACyQbTCrCRA4KUA5ibA+ubA/yjA5mpA9qsA4WtA82vA46xA5GxA+O0A5O6A5u6A6+6A/S7A8i+A8jAA7PMA9vMA5zNA8vNA+PRA/vRA6bVAwAA\n\nThings feel pretty good right now. I think priest has legs this expansions.\n\nI am especially happy with the fact that my girl Cabal Shadow Priest is back after being basically irrelevant to priest decks since the first set rotations way back when Naxx was still in standard.\n\nthe record I had going up was 42-20 (68% WR), and a great deal of the reason why that is has to do with a certain undead noble.\n\nKey cards\n\n*Wave of Apathy/Lazul's Scheme: Despite what many, myself included thought, the damage debuffs are standout performers. The ability to knock a board of low to mid damage minions to something manageable is a godsend, and the ability to take a high damage guy and invalidate its existence that turn has saved my life multiple times. That's not even going into the theft package.\n\nIf you have WoA/LS going into a midrange/control matchup, keep em. LS is better to keep because of how much more flexible it is for the theft package.\n\nCabal Acolyte/CSP/Shadow Madness: The theft package is where the first key cards get busted. Strongest of the theft package is the acolyte, because it's cheaper and it taunts. Successfully stealing anything against aggro is backbreaking for them, and against control a damage debuff into this guy causes insta concedes. Apologies to all ctrl warriors, stealing your Rattlegore made me smile like a fiend.\n\nCabal Shadow Priest is slower, and Madness doesn't leave a body, but these two cards also cause a great deal of fits. Madness is generally anti aggro, but if someone drops a tyrion or something, debuff into steal into 0 mana forbidden words does the trick.\n\nHold Acolyte and madness vs aggression, hold acolyte/CSP vs control if you have a debuff.\n\nShadow word Ruin: Another card that I never thought would see the light of day, SW:R is an MVP for its ability to sweep pure pally and big druid into the dumpster. In fact, with warlocks all running flesh golems and Vancleef all-ins being a thing that still happens, it's never been a better time to have AOE big dude clear.\n\nThe Elephant in the room\n\nMindrender Illucia is impossible to overhype. She's the stone cold nuts, without her this deck would almost certainly have 15% worse performance. \n\n[That sounds hyperbolic but the number of games that were just frankly stolen by this broken-ass card boggles the mind. Note that I said stolen, not helped, but actually was the card that instantly ends the other guy's game. She's generally helpful, but she also just ruins games.](http://memes.ucoz.com/_nw/61/02831990.jpg)\n\nGenerally you should try to play her on turn 5 against aggro, turn 8-10 against combo and control. Don't give her away if she has your galakrond or a fully loaded theft package, be reasonable, your deck is hard to dump.\n\nIf your hand is really bad against aggression, just slam her on 3. You probably get a minion out of them, if they're going second, take their coin too.\n\nMatchups\n\nIn General* \n\nNever throw Zeprhys or disciple of galakrond. If you think you can afford to keep Wave of Apathy or Scheme, do so, but only one of those. if you have scheme and acolyte, always k... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Earlier in the Day: It\x92s was a relatively busy start to the day on the economic calendar this morning. The Kiwi Dollar and economic data from China were in focus in the early part of the day. Away from the economic calendar, updates on the U.S stimulus package continued to be an area of focus as the markets also responded to Friday\x92s U.S non-farm payroll numbers. On the geopolitical risk front, rising tension between the U.S and China was also of influence. For the Kiwi Dollar The ANZ Business Confidence Index fell from -34.4 to 42.4 in July. According to the latest ANZ Report , A net 17% of firms expect weaker economic activity in their own business, falling from -8.9% in July. Export intensions fell from -12.7% to -18.50%, with investment intentions falling from -6.7% to -15.1%. Profit expectations weakened from-26.6% to -32.2%, with employment intentions declining from -15.1% to -21.4%. The Kiwi Dollar moved from $0 66029 to $0.66012 upon release of the figures. At the time of writing, the Kiwi Dollar was up by 0.02% to $0.6606. Out of China China\x92s annual rate of inflation picked up from 2.5% to 2.7% in July, coming in ahead of a 2.6% forecast. Month-on-month, consumer prices rose by 0.6%, following a 0.1% decline in June. Economists had forecast a 0.4% rise. Year-on-year, the producer price index fell by 2.4%, following a 3% decline in June. Economists had forecast a 2.5% slide. The Aussie Dollar moved from $0.71620 to $0.71673 upon release of the figures. At the time of writing, the Aussie Dollar was up by 0.15% to $0.7168. Elsewhere At the time of writing, the Japanese Yen was up by 0.13% to ¥105.78 against the U.S Dollar. The Day Ahead: For the EUR It\x92s a quiet day ahead on the economic calendar . There are no material stats to provide the EUR with direction. A lack of stats will leave the EUR in the hands of market risk sentiment on the day. The U.S stimulus package and tensions between the U.S and China will remain key drivers. Story continues At the time of writing, the EUR was up by 0.07% to $1.1795. For the Pound It\x92s also a quiet day ahead on the economic calendar , with no material stats due out to provide direction. Updates on Brexit and market risk sentiment will be the key drivers for the Pound. At the time of writing, the Pound was up by 0.16% to $1.3073. Across the Pond It\x92s a relatively quiet day ahead for the U.S Dollar. Key stats include June\x92s JOLT\x92s job openings. While we will expect some influence from the numbers, chatter from the Oval Office will need monitoring. At the time of writing, the Dollar Spot Index was up by 0.06% to 92.848. For the Loonie After a quiet day ahead, with no material stats to provide the Loonie with direction. Any retaliatory moves by Canada and China against Trump\x92s latest actions would be a test for crude oil and the Loonie. Positive economic data from last week, however, from the U.S and the EU should limit any major downside. At the time of writing, the Loonie was up by 0.07% to C$1.3374 against the U.S Dollar. For a look at all of today\x92s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The U.S Stimulus Package and U.S \x96 China Tension Puts the Dollar in the Spotlight EOS, Ethereum and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 August 10th, 2020 US Stock Market: Jobs Data Rattles Investors as Money Moves from Growth to Value Stocks President Trump Signs Additional COVID Relief \x96 What To Expect from the Markets Bitcoin and Ripple\x92s XRP Weekly Technical Analysis \x96 August 10th, 2020 AUD/USD and NZD/USD Fundamental Weekly Forecast \x96 RBNZ Aims to Keep Monetary Policy Unchanged', 'It’s was a relatively busy start to the day on theeconomic calendarthis morning. The Kiwi Dollar and economic data from China were in focus in the early part of the day.\nAway from the economic calendar, updates on the U.S stimulus package continued to be an area of focus as the markets also responded to Friday’s U.S non-farm payroll numbers.\nOn the geopolitical risk front, rising tension between the U.S and China was also of influence.\nThe ANZ Business Confidence Index fell from -34.4 to 42.4 in July.\nAccording to the latestANZ Report,\n• A net 17% of firms expect weaker economic activity in their own business, falling from -8.9% in July.\n• Export intensions fell from -12.7% to -18.50%, with investment intentions falling from -6.7% to -15.1%.\n• Profit expectations weakened from-26.6% to -32.2%, with employment intentions declining from -15.1% to -21.4%.\nThe Kiwi Dollar moved from $0 66029 to $0.66012 upon release of the figures. At the time of writing, theKiwi Dollarwas up by 0.02% to $0.6606.\nChina’s annual rate of inflation picked up from 2.5% to 2.7% in July, coming in ahead of a 2.6% forecast. Month-on-month, consumer prices rose by 0.6%, following a 0.1% decline in June. Economists had forecast a 0.4% rise.\nYear-on-year, the producer price index fell by 2.4%, following a 3% decline in June. Economists had forecast a 2.5% slide.\nThe Aussie Dollar moved from $0.71620 to $0.71673 upon release of the figures. At the time of writing, theAussie Dollarwas up by 0.15% to $0.7168.\nAt the time of writing, theJapanese Yenwas up by 0.13% to ¥105.78 against the U.S Dollar.\nIt’s a quiet day ahead on theeconomic calendar. There are no material stats to provide the EUR with direction.\nA lack of stats will leave the EUR in the hands of market risk sentiment on the day. The U.S stimulus package and tensions between the U.S and China will remain key drivers.\nAt the time of writing, theEURwas up by 0.07% to $1.1795.\nIt’s also a quiet day ahead on theeconomic calendar, with no material stats due out to provide direction.\nUpdates on Brexit and market risk sentiment will be the key drivers for the Pound.\nAt the time of writing, thePoundwas up by 0.16% to $1.3073.\nIt’s a relatively quiet day ahead for the U.S Dollar. Key stats include June’s JOLT’s job openings.\nWhile we will expect some influence from the numbers, chatter from the Oval Office will need monitoring.\nAt the time of writing, theDollar Spot Indexwas up by 0.06% to 92.848.\nAfter a quiet day ahead, with no material stats to provide the Loonie with direction.\nAny retaliatory moves by Canada and China against Trump’s latest actions would be a test for crude oil and the Loonie.\nPositive economic data from last week, however, from the U.S and the EU should limit any major downside.\nAt the time of writing, theLooniewas up by 0.07% to C$1.3374 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The U.S Stimulus Package and U.S – China Tension Puts the Dollar in the Spotlight\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 10th, 2020\n• US Stock Market: Jobs Data Rattles Investors as Money Moves from Growth to Value Stocks\n• President Trump Signs Additional COVID Relief – What To Expect from the Markets\n• Bitcoin and Ripple’s XRP Weekly Technical Analysis – August 10th, 2020\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – RBNZ Aims to Keep Monetary Policy Unchanged', 'Bitcoin rose by 5.57% in the week ending 9thAugust. Following on from an 11.11% rally from the previous week, Bitcoin ended the week at $11,675.3.\nIt was a bullish week for Bitcoin and the broader market. Bitcoin slipped to a Monday intraweek low $10,943.0 before making a move.\nSteering clear of the first major support level at $9,967, Bitcoin rallied to a Friday intraweek high $11,900.\nFalling short of the week’s first major resistance level at $12,119, Bitcoin fell back to $11,500 levels before finding support.\n5 days in the green that included a 4.93% rally on Wednesday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,506 pivot to support another run the first major resistance level at $12,069 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the current week high $12,060.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Bitcoin could break out from the second major resistance level at $12,463 to target $13,000 levels.\nA fall through the $11,506 pivot would bring the first major support level at $11,112 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 levels and the second major support level at $10,549.\nAt the time of writing, Bitcoin was up by 2.80% to $12,002.0. A bullish start to the week saw Bitcoin rise from an early morning low $11,675.3 to a high $12,060 on Monday.\nBitcoin tested the first major resistance level at $12,069 at the start of the week.\nRipple’s XRP slipped by 0.04% in the week ending 9thAugust. Following the previous week’s 33.50% breakout, Ripple’s XRP ended the week at $0.28781.\nA bullish start to the week saw Ripple’s XRP rally to a Monday intraweek high $0.31950 before hitting reverse.\nFalling short of the first major resistance level at $0.3395, Ripple’s XRP slid to a Friday intraweek low $0.27742.\nSteering well clear of the first major support level at $0.22249, Ripple’s XRP revisited $0.29 levels before slipping back to sub-$0.29 levels and into the red.\n3-days in the red reversed Monday’s 7.68% rally to leave Ripple’s XRP in the red for the week.\nRipple’s XRP would need to avoid a fall through the $0.29491 pivot to support a run at the first major resistance level at $0.31240.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.31 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, 23.6% FIB of $0.3134 and the second major resistance level at $0.33699 could come into play.\nA fall through the $0.29491 pivot would bring the first major support level at $0.27032 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $220,982,218,762 - Hash Rate: 114901504.532898 - Transaction Count: 308367.0 - Unique Addresses: 683507.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s effectively July 2017 in the world of decentralized finance (DeFi), and as in the heady days of the initial coin offering (ICO) boom, the numbers are only trending up. According to DeFi Pulse , there is $1.9 billion in crypto assets locked in DeFi right now. According to the CoinDesk ICO Tracker , the ICO market started chugging past $1 billion in July 2017, just a few months before token sales started getting talked about on TV . Debate juxtaposing these numbers if you like, but what no one can question is this: Crypto users are putting more and more value to work in DeFi applications, driven largely by the introduction of a whole new yield-generating pasture , Compound’s COMP governance token. Related: Ethereum Activity Metric Hits Highest Level for 2 Years Governance tokens enable users to vote on the future of decentralized protocols, sure, but they also present fresh ways for DeFi founders to entice assets onto their platforms. That said, it’s the crypto liquidity providers who are the stars of the present moment. They even have a meme-worthy name: yield farmers. Where it started Ethereum-based credit market Compound started distributing its governance token, COMP, to the protocol’s users this past June 15. Demand for the token (heightened by the way its automatic distribution was structured) kicked off the present craze and moved Compound into the leading position in DeFi . The hot new term in crypto is “yield farming,” a shorthand for clever strategies where putting crypto temporarily at the disposal of some startup’s application earns its owner more cryptocurrency. Related: Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days Another term floating about is “liquidity mining.” The buzz around these concepts has evolved into a low rumble as more and more people get interested. The casual crypto observer who only pops into the market when activity heats up might be starting to get faint vibes that something is happening right now. Take our word for it: Yield farming is the source of those vibes. Story continues But if all these terms (“DeFi,” “liquidity mining,” “yield farming”) are so much Greek to you, fear not. We’re here to catch you up. We’ll get into all of them. We’re going to go from very basic to more advanced, so feel free to skip ahead. What are tokens? Most CoinDesk readers probably know this, but just in case: Tokens are like the money video-game players earn while fighting monsters, money they can use to buy gear or weapons in the universe of their favorite game. But with blockchains, tokens aren’t limited to only one massively multiplayer online money game. They can be earned in one and used in lots of others. They usually represent either ownership in something (like a piece of a Uniswap liquidity pool, which we will get into later) or access to some service. For example, in the Brave browser, ads can only be bought using basic attention token (BAT). If tokens are worth money, then you can bank with them or at least do things that look very much like banking. Thus: decentralized finance. Tokens proved to be the big use case for Ethereum, the second-biggest blockchain in the world. The term of art here is “ ERC-20 tokens ,” which refers to a software standard that allows token creators to write rules for them. Tokens can be used a few ways. Often, they are used as a form of money within a set of applications. So the idea for Kin was to create a token that web users could spend with each other at such tiny amounts that it would almost feel like they weren’t spending anything; that is, money for the internet. Governance tokens are different. They are not like a token at a video-game arcade, as so many tokens were described in the past. They work more like certificates to serve in an ever-changing legislature in that they give holders the right to vote on changes to a protocol. So on the platform that proved DeFi could fly, MakerDAO, holders of its governance token, MKR, vote almost every week on small changes to parameters that govern how much it costs to borrow and how much savers earn , and so on. Read more: Why DeFi’s Billion-Dollar Milestone Matters One thing all crypto tokens have in common, though, is they are tradable and they have a price. So, if tokens are worth money, then you can bank with them or at least do things that look very much like banking. Thus: decentralized finance. What is DeFi? Fair question. For folks who tuned out for a bit in 2018, we used to call this “open finance.” That construction seems to have faded, though, and “DeFi” is the new lingo. In case that doesn’t jog your memory, DeFi is all the things that let you play with money, and the only identification you need is a crypto wallet. On the normal web, you can’t buy a blender without giving the site owner enough data to learn your whole life history. In DeFi, you can borrow money without anyone even asking for your name. I can explain this but nothing really brings it home like trying one of these applications. If you have an Ethereum wallet that has even $20 worth of crypto in it, go do something on one of these products. Pop over to Uniswap and buy yourself some FUN (a token for gambling apps) or WBTC (wrapped bitcoin). Go to MakerDAO and create $5 worth of DAI (a stablecoin that tends to be worth $1) out of the digital ether. Go to Compound and borrow $10 in USDC. (Notice the very small amounts I’m suggesting. The old crypto saying “don’t put in more than you can afford to lose” goes double for DeFi. This stuff is uber-complex and a lot can go wrong. These may be “savings” products but they’re not for your retirement savings.) Immature and experimental though it may be, the technology’s implications are staggering. On the normal web, you can’t buy a blender without giving the site owner enough data to learn your whole life history. In DeFi, you can borrow money without anyone even asking for your name. DeFi applications don’t worry about trusting you because they have the collateral you put up to back your debt (on Compound, for instance, a $10 debt will require around $20 in collateral). Read more: There Are More DAI on Compound Now Than There Are DAI in the World If you do take this advice and try something, note that you can swap all these things back as soon as you’ve taken them out. Open the loan and close it 10 minutes later. It’s fine. Fair warning: It might cost you a tiny bit in fees, and the cost of using Ethereum itself right now is much higher than usual , in part due to this fresh new activity. But it’s nothing that should ruin a crypto user. So what’s the point of borrowing for people who already have the money? Most people do it for some kind of trade. The most obvious example, to short a token (the act of profiting if its price falls). It’s also good for someone who wants to hold onto a token but still play the market. Doesn’t running a bank take a lot of money up front? It does, and in DeFi that money is largely provided by strangers on the internet. That’s why the startups behind these decentralized banking applications come up with clever ways to attract HODLers with idle assets. Liquidity is the chief concern of all these different products. That is: How much money do they have locked in their smart contracts? “In some types of products, the product experience gets much better if you have liquidity. Instead of borrowing from VCs or debt investors, you borrow from your users,” said Electric Capital managing partner Avichal Garg. Let’s take Uniswap as an example. Uniswap is an “automated market maker,” or AMM (another DeFi term of art). This means Uniswap is a robot on the internet that is always willing to buy and it’s also always willing to sell any cryptocurrency for which it has a market. On Uniswap, there is at least one market pair for almost any token on Ethereum. Behind the scenes, this means Uniswap can make it look like it is making a direct trade for any two tokens, which makes it easy for users, but it’s all built around pools of two tokens. And all these market pairs work better with bigger pools. Why do I keep hearing about ‘pools’? To illustrate why more money helps, let’s break down how Uniswap works. Let’s say there was a market for USDC and DAI. These are two tokens (both stablecoins but with different mechanisms for retaining their value) that are meant to be worth $1 each all the time, and that generally tends to be true for both. The price Uniswap shows for each token in any pooled market pair is based on the balance of each in the pool. So, simplifying this a lot for illustration’s sake, if someone were to set up a USDC/DAI pool, they should deposit equal amounts of both. In a pool with only 2 USDC and 2 DAI it would offer a price of 1 USDC for 1 DAI. But then imagine that someone put in 1 DAI and took out 1 USDC. Then the pool would have 1 USDC and 3 DAI. The pool would be very out of whack. A savvy investor could make an easy $0.50 profit by putting in 1 USDC and receiving 1.5 DAI. That’s a 50% arbitrage profit, and that’s the problem with limited liquidity. (Incidentally, this is why Uniswap’s prices tend to be accurate, because traders watch it for small discrepancies from the wider market and trade them away for arbitrage profits very quickly.) Read more: Uniswap V2 Launches With More Token-Swap Pairs, Oracle Service, Flash Loans However, if there were 500,000 USDC and 500,000 DAI in the pool, a trade of 1 DAI for 1 USDC would have a negligible impact on the relative price. That’s why liquidity is helpful. You can stick your assets on Compound and earn a little yield. But that’s not very creative. Users who look for angles to maximize that yield: those are the yield farmers. Similar effects hold across DeFi, so markets want more liquidity. Uniswap solves this by charging a tiny fee on every trade. It does this by shaving off a little bit from each trade and leaving that in the pool (so one DAI would actually trade for 0.997 ... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027 TOKYO, JAPAN - Media OutReach - 11 August 2020 - Japan\'s largest digital gift card marketplace " Amaten " has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions to create "win-win" situation for both consumers and shops, shooting to a resounding growth in recent years. Today, Amaten has set up its first overseas operations in Dubai, UAE. Since 2019, the gift card market generated profits worth $617 billion, this number is projected to reach a revised size of $2.7 Trillion by 2027 as demand for going cashless is accelerating during the Covid-19 era. It is a market that is rarely talked about yet, its current technology is completely obsolete into today\'s digital world. Retailers increasingly refer to adoption of digital gift cards, yet they struggle with technical errors that make their cards easily compromised to be used multiple times, causing financial losses, in addition to more common issues, where gift cards have limited purchasing options and tight expiry dates. This is where Amaten comes to the rescue, the massive success the fintech company has brought in Japan comes from the revolutionary makeovers that it created in digital gift card industry. At first glance, Amaten is engineering their digital gift cards with blockchain integration. It is taking the gift card and putting on a smart contract making it truly digital thus, illuminating all the structural short coming of the current technology. This provides a great advantage for merchants and consumers from security standpoint, as they\'ll be able to trace gift cards ensuring that it\'s not compromised, as Blockchain will ensure highest level of data encryption. This advanced integration makes Amaten the most secure gift card issuer on the internet, thus tackling the "Gift Card Error" issue that is commonly seen among other suppliers. A long-awaited paradigm shift in this fintech industry. Story continues Apart from accepting gift card purchases using cash, Amaten was among the first marketplaces worldwide to accept Bitcoin. Conversely, users can redeem unwanted gift cards to cash, hence tackling the issue of unused cards that counts $1 Billion in losses globally every year. The Amaten platform currently list the top 25 global merchants gift cards, the likes of Amazon, Apple, Rakuten and Google within the Japanese market. Soon, Amaten will allow any merchant to issue gift cards, thus encouraging buyers to purchase them for potential shopping in the foreseeable future, thus keeping businesses under financial support during slow economic activity. The inspiration for Amaten\'s innovation comes from one of Japan\'s IT industry leaders, Mr. Tom Kanazawa, who played a major role to backing and funding IT ventures in Japan since 1998, he is currently the Chairman of Amaten. Commenting on the opportunities that Amaten has for investors, Mr. Tom Kanazawa said "Amaten has the potential of becoming a monopolistic enterprise and change the gift card for good, because we are solving the last mile problem between cash and the legacy gift card, Until recently, it was deemed impossible for the industry to reinvent itself, but as for Amaten, using our blockchain solution built on Aelf, we tackled those structural issues and will ensure a seamless experience for our users and merchants, finally building a true fintech digital product and expanding the industry and its market \'size even further. This is a true use case for blockchain technology that can be applied right away!" Mr. Kanazawa added, "We also have seen quite some interest for white label solutions that can be provided to hotel chains for example or enterprise incentive programs to create a truly digital and seamless ecosystem. We invite everyone interested in AMA to join our telegram channel , or to visit our website amaten.io, me and the team will be happy to cater to your questions and we\'ll be here to help!".', 'Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027 TOKYO, JAPAN - Media OutReach - 11 August 2020 - Japan\'s largest digital gift card marketplace " Amaten " has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions to create "win-win" situation for both consumers and shops, shooting to a resounding growth in recent years. Today, Amaten has set up its first overseas operations in Dubai, UAE. Since 2019, the gift card market generated profits worth $617 billion, this number is projected to reach a revised size of $2.7 Trillion by 2027 as demand for going cashless is accelerating during the Covid-19 era. It is a market that is rarely talked about yet, its current technology is completely obsolete into today\'s digital world. Retailers increasingly refer to adoption of digital gift cards, yet they struggle with technical errors that make their cards easily compromised to be used multiple times, causing financial losses, in addition to more common issues, where gift cards have limited purchasing options and tight expiry dates. This is where Amaten comes to the rescue, the massive success the fintech company has brought in Japan comes from the revolutionary makeovers that it created in digital gift card industry. At first glance, Amaten is engineering their digital gift cards with blockchain integration. It is taking the gift card and putting on a smart contract making it truly digital thus, illuminating all the structural short coming of the current technology. This provides a great advantage for merchants and consumers from security standpoint, as they\'ll be able to trace gift cards ensuring that it\'s not compromised, as Blockchain will ensure highest level of data encryption. This advanced integration makes Amaten the most secure gift card issuer on the internet, thus tackling the "Gift Card Error" issue that is commonly seen among other suppliers. A long-awaited paradigm shift in this fintech industry. Story continues Apart from accepting gift card purchases using cash, Amaten was among the first marketplaces worldwide to accept Bitcoin. Conversely, users can redeem unwanted gift cards to cash, hence tackling the issue of unused cards that counts $1 Billion in losses globally every year. The Amaten platform currently list the top 25 global merchants gift cards, the likes of Amazon, Apple, Rakuten and Google within the Japanese market. Soon, Amaten will allow any merchant to issue gift cards, thus encouraging buyers to purchase them for potential shopping in the foreseeable future, thus keeping businesses under financial support during slow economic activity. The inspiration for Amaten\'s innovation comes from one of Japan\'s IT industry leaders, Mr. Tom Kanazawa, who played a major role to backing and funding IT ventures in Japan since 1998, he is currently the Chairman of Amaten. Commenting on the opportunities that Amaten has for investors, Mr. Tom Kanazawa said "Amaten has the potential of becoming a monopolistic enterprise and change the gift card for good, because we are solving the last mile problem between cash and the legacy gift card, Until recently, it was deemed impossible for the industry to reinvent itself, but as for Amaten, using our blockchain solution built on Aelf, we tackled those structural issues and will ensure a seamless experience for our users and merchants, finally building a true fintech digital product and expanding the industry and its market \'size even further. This is a true use case for blockchain technology that can be applied right away!" Mr. Kanazawa added, "We also have seen quite some interest for white label solutions that can be provided to hotel chains for example or enterprise incentive programs to create a truly digital and seamless ecosystem. We invite everyone interested in AMA to join our telegram channel , or to visit our website amaten.io, me and the team will be happy to cater to your questions and we\'ll be here to help!".', "Apple Inc(NASDAQ:AAPL) Chief Executive Officer Tim Cook is now a billionaire\xa0— thanks to the near $2 trillion market cap Apple is enjoying, BloombergreportedTuesday.\nWhat Happened\nCook’s wealth has exceeded the $1 billion mark, according to the calculations done by Bloomberg Billionaires Index.\nApple shares have risen nearly 5% in the\xa0last week and almost 54% year-to-date, with the company’s market capitalization approaching $2 trillion.\nThe Cupertino-based tech giant was valued at $350 billion at the time its co-founder Steve Jobs died in 2011.\nWhy It Matters\nThe rise in Cook’s wealth and Apple’s value mirrors the growth of the so-called FAANG stocks, an acronym that refers toFacebook Inc(NASDAQ:FB),Amazon.com, Inc(NASDAQ:AMZN), Apple,Netflix Inc(NASDAQ:NFLX) andAlphabet Inc(NASDAQ:GOOGL) (NASDAQ:GOOG), formerly known as Google, Bloomberg noted.\nUnlike Facebook CEO Mark Zuckerberg\xa0and other tech titan founders\xa0— such asTesla Inc's(NASDAQ:TSLA)\xa0Elon Musk\xa0— who own significant chunks of their companies, Cook’s ownership of Apple shares has been incremental and a part of equity awards.\nCook reportedly said he plans to give most of his fortune to charity and has already donated shares to the tune of millions of dollars.\nAmazon CEO Jeff Bezos, therichest person on the planet, sold $3 billion worth of Amazon shares this month after having sold $4.1 billion worth of shares in January and February this year, under a pre-planned arrangement.\nPrice Action\nApple shares closed 1.45% higher at $450.91 on Monday and fell 0.22% in the after-hours session.\nSee more from Benzinga\n• Amazon Asks Podcasters To Stream On Its Platforms, But Conte Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $220,982,218,762 - Hash Rate: 129741892.842126 - Transaction Count: 349952.0 - Unique Addresses: 744212.0 Social & AI Sentiment: - Fear & Greed Index: 0.84 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- A security incident involving some of the most prominent business and political leaders on Twitter duped people into sending at least $120,000 worth of Bitcoin to an anonymous online wallet, and more than half of that total has already been spirited to other accounts, according to a Bitcoin-tracing company. The person or people behind the scam gained access to the Twitter accounts of executives including Amazon.com Inc. Chief Executive Officer Jeff Bezos and Tesla Inc. Founder Elon Musk, asking users to direct Bitcoin to one of three different accounts, said Tom Robinson, co-founder of Elliptic, which has helped law-enforcement agencies track Bitcoin-related crime. About $65,000 of the $120,000 collected from duped users has moved to other Bitcoin addresses, one of which has been active in the past and has transacted with a U.S. exchange, Robinson said. That money trail could prove useful to investigators in this case, since U.S. exchanges typically go through vigorous verification of user identities, and would probably have information on which name the account is registered under. About half of the funds the hackers acquired came from users in the U.S., a quarter from Europe and the remainder from Asia, Robinson said. Read more: Twitter Hack Snags Obama, Biden, Gates Accounts in Bitcoin Scam Discovering the perpetrators could still take time and prove challenging. “It depends on what they do next, it depends on how they try to cash out,” Robinson said. If they try to use a regulated exchange in the U.S., finding them will be easy. But if they try to cash out through one of the hundreds of small, unregulated exchanges, that could be harder, he said. “They are obviously sophisticated in that they didn’t send these funds directly to an exchange to cash out,” Robinson said. While Bitcoin is supposed to be difficult to track, a number of tracing firms have sprung up to help law enforcement. Exchanges and other providers have begun collecting more information on their customers. So law-enforcement agencies have been able to track stolen Bitcoins many times in the past. Aside from prominent political and business leaders, the attacks also affected many crypto companies like the Gemini exchange. The accounts promised to double the amount of money sent to their Bitcoin address. Coinbase Inc., the largest U.S. crypto exchange, has begun blocking its users’ payments sent to the hackers’ accounts. “We are essentially blacklisting addresses as we see them posted in the scam tweets,” said Elliott Suthers, a spokesman for Coinbase. Gemini also blocked the attackers’ accounts, according to a Gemini spokesperson. Already, as news of the scheme began making headlines, the rate of payments sent to the scam address has slowed down, Robinson said. “I don’t think they’ll be able to raise much more, to be honest,” he said. Bitcoin is an attractive target for scammers because it can be used worldwide. While Bitcoin’s price dropped at the beginning of the Covid-19 pandemic, it has since recovered, and is up roughly 30% since the beginning of the year. For more articles like this, please visit us atbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.... - Reddit Posts (Sample): [['u/curryfanta', "I'll bet anything that BTC will be 100K by the end of 2022.", 65, '2020-08-11 00:55', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/', "Back in 2018 I posted a prediction that BTC would go down to $3200. When it happened, it was a pleasant surprise and I quickly told as many people as I could to get into BTC. Of course, very few of them did. My crypto brothers and sisters, it's still not too late to get in early - I'm all in and holding strong until BTC hits 100K. I'm so confident in this prediction that I'm willing to wager anything on this bet. What do you think is the most profitable way to bet on this prediction? I'll follow through on the best comment and provide API access to monitor the trade(s).\n\nMy prediction: [https://www.tradingview.com/chart/BTCUSD/z9dJ8zxb-BTC-long-term-bear-prediction/](https://www.tradingview.com/chart/BTCUSD/z9dJ8zxb-BTC-long-term-bear-prediction/)", 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/', 'i7fqm4', [['u/RFV1985', 56, '2020-08-11 01:14', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11nj75/', 'You’re holding until it hits $100k? Why? For bitcoin to merely match the market cap of gold, it would have to be at least $500k. Bitcoin’s market cap will eventually exceed that of gold - that I feel very confident of.\n\nI can’t even fathom the idea of selling bitcoin before 2030.', 'i7fqm4'], ['u/samuarichucknorris', 13, '2020-08-11 01:58', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11sckl/', "I agree. For me it's still extremely risky, but the reward is huge. I'm seriously considering more or less doubling my current holdings and at this point that would make me a multi coiner.\n\nTo think in 10 years a total investment of less than 20K can yield a value of over a million dollars. For me though, if it were even in that universe.. I'd hold until I wanted to retire. So.... somewhere between 15 and 20 years from now.", 'i7fqm4'], ['u/veganic11', 10, '2020-08-11 02:21', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11utxq/', "Why have a date in mind to sell. Wouldn't it be wiser to sell as needed when it reaches your goal price?", 'i7fqm4'], ['u/m9299', 10, '2020-08-11 02:27', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11vhus/', "Just say you'll eat your own dick live on TV.", 'i7fqm4'], ['u/chatonnu', 18, '2020-08-11 02:33', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11w3y6/', 'You can buy a March 26, 2021 call with a strike price of $36,000 for the low, low price of $434 right now. \n\n[https://www.deribit.com/main#/options?tab=BTC-26MAR21](https://www.deribit.com/main#/options?tab=BTC-26MAR21)', 'i7fqm4'], ['u/curryfanta', 10, '2020-08-11 02:41', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11x0mg/', "At 100-120K I'm 100% selling all my BTC and rebuying the dips. Also, I'm cashing out a portion to diversify.", 'i7fqm4'], ['u/RFV1985', 13, '2020-08-11 02:48', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11xs6r/', 'You’re assuming you’ll be able to identify the peaks and the real dips that follow. Newsflash - you won’t. Hindsight is 20/20. How many billionaires do you know that made their wealth purely on timing the market?\n\nTime in the market > Timing the market', 'i7fqm4'], ['u/RFV1985', 14, '2020-08-11 02:57', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11yo8r/', 'It doesn’t mean I’ll sell in 2030. But I truly believe any young investor thinking of selling before then is really short sighted.\n\nThe reason you don’t see bitcoin billionaires today who bought at <$1 is greed and shortsightedness.\n\nIf you truly believe in the value of bitcoin and what it will bring for the future, you wouldn’t worry about daily price fluctuations like so many on this sub do.\n\nBitcoin could drop 50% tomorrow and I could not care less about the negative impact it would bring to my net worth. I just keep on buying because I understand it’s utility. I don’t care if I’m buying at $12k or $6k just as long as I keep on buying.\n\nI have not sold a single satoshi since investing in bitcoin. If every investor thought like me, we’d be at the moon by now and I still wouldn’t sell.', 'i7fqm4'], ['u/RFV1985', 12, '2020-08-11 03:37', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g122xm7/', 'So you’re saying you can accurately predict BTC price movements?\n\nIf you are correct, then there’s nothing stopping you from leveraging margin to become a multi billionaire within a few years time.', 'i7fqm4'], ['u/punto-', 12, '2020-08-11 05:09', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g12clp5/', "I'll sell you some btc at half that price right now", 'i7fqm4'], ['u/samuarichucknorris', 11, '2020-08-11 06:25', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g12jnol/', 'Well yeah.... but that magnitude of returns is no longer possible really. That would put the market cap of BTC out of this universe.', 'i7fqm4'], ['u/krokodilmannchen', 16, '2020-08-11 13:27', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g13bc7v/', 'I bet you 0.1 ETH it will be below $100k by the end of 2022.', 'i7fqm4'], ['u/jumnhy', 11, '2020-08-11 14:48', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g13hqic/', 'This is. Check out Augur.', 'i7fqm4']]], ['u/alive_consequence', 'Monero GUI and CLI mnemonic backups appreciation time', 43, '2020-08-11 01:36', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/', "Recently I was researching a little bit about how mnemonic backups work, and found [this](https://bitcointalk.org/index.php?topic=5164527.msg51815560#msg51815560) great explanation for Bitcoin's case, which also looks like a nightmare scenario, since long story short: Bitcoin Core doesn't support mnemonics and basically you are stuck with storing your wallet.dat binary, hoping for not losing it or it getting corrupted.\n\nBy contrast, both Monero Core wallets (GUI and CLI) support mnemonic backups and are compatible between each other (I just tested this to be sure, and was delighted to find this true, plus seeing how slicker the GUI looks now after quite some time without trying it out).\n\nYeah, you could use Electrum or some other wallet for mnemonic backups in Bitcoin, but it is just not the same level of security as using a Core wallet.\n\nSo I just wanted to take some time to highlight how much I appreciate this Monero feature.\n\nWhat do you think? Am I hyping Monero's native mnemonic backups too much because I'm missing something? Or do you also think that this feature is underrated?\n\nEdit: Just fixed the link format.", 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/', 'i7ggul', [['u/hohhle', 11, '2020-08-11 05:29', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12ejts/', 'Underrated.', 'i7ggul'], ['u/AvailableSeaweed8', 13, '2020-08-11 05:32', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12eua0/', "> Am I hyping Monero's native mnemonic backups too much \n\nthe reality is that Bitcoin Core wallet is a bad wallet", 'i7ggul'], ['u/gingeropolous', 11, '2020-08-11 05:43', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12fw4d/', "> What do you think? Am I hyping Monero's native mnemonic backups too much because I'm missing something? Or do you also think that this feature is underrated?\n\nThe monero core software, overall, is underrated. I've tried doing the whole bitcoin thing... and it might have been because I learned monero first that I just didn't get the bitcoin setup... but damn. I was not ready for how annoying the bitcoin core software was to use. Granted, I think it might be simply too high level for me... i consider myself computer savvy, but not a l33t hax0r. Bitcoin core made a lot of assumptions that I was just not ready for as a user. \n\nbut yes. mnemonic backups ftw.", 'i7ggul'], ['u/SamsungGalaxyPlayer', 19, '2020-08-11 06:16', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12iyeh/', 'Another super underrated thing: the separation of the wallet and the daemon.', 'i7ggul']]], ['u/zaracap', 'Ceretropic Reseller Cuerpoymente – Fantastic Experience', 52, '2020-08-11 03:24', 'https://www.reddit.com/r/Nootropics/comments/i7ia57/ceretropic_reseller_cuerpoymente_fantastic/', 'Only a few month ago, I never thought I would see a Ceretropic product again... but then I heard that people were using reshippers to get product from affiliates in Mexico. At first, I thought that was too much work no matter how bad I wanted it. You had to find a seller, find a reshipper, register an account, link those up, and so on. But then I found Cuerpoymente, which not only resells Ceretropic (and other) product, but takes care of the reshipping process for you! Now this I had to investigate…\n\nI purchased [five vials of adamax](https://imgur.com/a/JJcFuku), which is a modified version of N-acetyl semax, and DAMN it is just as good as I remember. Since there are already reports on adamax, and Ceretropic is pretty much legendary around here at this point, I will not get into it much more. I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017.\n• Ruling at the state’s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to acourt documentfiled on Monday.\n• Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on theBitcoin Gold hard fork.\n• Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a “major security risk,” per the filing.\n• Archer also alleged Coinbase had retained control over thebitcoin gold(BTG) cryptocurrency resulting from the fork for its own benefit during that time.\n• In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency.\n• In the case of bitcoin gold,bitcoinwas forked, creating BTG tokens equal in number to those owned by holders on the original chain.\n• While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms.\n• Archer – who held 350 bitcoin on Coinbase at the time of the fork – followed up his original complaint with an amendment alleging Coinbase’s “failure and refusal” to pass on the BTG represented breach of contract, negligence andconversion(a civil law version of theft).\n• On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork.\n• The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork.\n• To rule otherwise would place the “duty” on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia.\n• For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer’s claim based on the “economic loss rule,” which the court held ruled out liability for negligence based on contractual obligations.\n• The appeals court has now upheld the original ruling that Coinbase’s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties.\n• Carlton Fields attorney Andrew Hinks commented in aTwitterthread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property.\nAlso read:Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit', 'A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017.\n• Ruling at the state’s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to acourt documentfiled on Monday.\n• Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on theBitcoin Gold hard fork.\n• Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a “major security risk,” per the filing.\n• Archer also alleged Coinbase had retained control over thebitcoin gold(BTG) cryptocurrency resulting from the fork for its own benefit during that time.\n• In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency.\n• In the case of bitcoin gold,bitcoinwas forked, creating BTG tokens equal in number to those owned by holders on the original chain.\n• While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms.\n• Archer – who held 350 bitcoin on Coinbase at the time of the fork – followed up his original complaint with an amendment alleging Coinbase’s “failure and refusal” to pass on the BTG represented breach of contract, negligence andconversion(a civil law version of theft).\n• On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork.\n• The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork.\n• To rule otherwise would place the “duty” on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia.\n• For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer’s claim based on the “economic loss rule,” which the court held ruled out liability for negligence based on contractual obligations.\n• The appeals court has now upheld the original ruling that Coinbase’s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties.\n• Carlton Fields attorney Andrew Hinks commented in aTwitterthread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property.\nAlso read:Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit', 'A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017. Ruling at the state\x92s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to a court document filed on Monday. Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on the Bitcoin Gold hard fork . Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a \x93major security risk,\x94 per the filing. Archer also alleged Coinbase had retained control over the bitcoin gold (BTG) cryptocurrency resulting from the fork for its own benefit during that time. In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency. In the case of bitcoin gold, bitcoin was forked, creating BTG tokens equal in number to those owned by holders on the original chain. While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms. Archer \x96 who held 350 bitcoin on Coinbase at the time of the fork \x96 followed up his original complaint with an amendment alleging Coinbase\x92s \x93failure and refusal\x94 to pass on the BTG represented breach of contract, negligence and conversion (a civil law version of theft). On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork. The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork. To rule otherwise would place the \x93duty\x94 on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia. For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer\x92s claim based on the \x93 economic loss rule ,\x94 which the court held ruled out liability for negligence based on contractual obligations. The appeals court has now upheld the original ruling that Coinbase\x92s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties. Carlton Fields attorney Andrew Hinks commented in a Twitter thread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property. Story continues Also read: Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified \x91Decisions\x92 Related Stories Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,275,069,362 - Hash Rate: 132269332.313077 - Transaction Count: 346405.0 - Unique Addresses: 733894.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the past two years, many bitcoin believers donated cryptocurrency to initiatives inVenezuela, often holding up the small nation as the pinnacle example of the technology’s potential. The truth on the ground is much more nuanced. The fintech startupAirTMdistributed roughly$300,000 worthof cryptocurrencydonationsto 60,829 ID-verified Venezuelan e-wallets throughout 2019. The donated crypto came from entities likeGiveCrypto, theElectric Coin Companyand the artistCryptograffiti. Related:Ethereum and EOSIO Square Up Over Enterprise Blockchain Business in Latin America “To incentivize donations, the largest donor did receive a piece of the mural,” Cryptograffiti told CoinDesk, describing thecrowdfunded mural project. Read more:Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit The muralist’s crowdfunding campaign made up the bulk ofbitcoin(BTC) donations, which in total represented less than 12% of funds donated to AirTM’s Venezuelan users. The bulk of donations were assets such asbitcoin cash(BCH),zcash(ZEC) anddai(DAI) and amounted to roughly $5 per donation. AirTM’s data shows few users chose to withdraw the crypto donations, opting instead to keep it inside the AirTM system. According to an AirTM user survey, only 57% of recipients engaged with the funds. For some, even converting crypto to AirTM credits (AirUSD) inside a custodial user account was too much hassle. Related:Brazil's Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction For those who did access the funds, more than 2,000 Venezuelans said it was helpful for buying food. (You can see thefull survey results here.) They typically did this by using AirTM to cash out bolivars as needed, using the digital wallet provider like a bank. Others used it as savings. “So far I only use this crypto in AirTM,” one such user, Neysa Hurtado, said in an interview. Read more:Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise Even bitcoiners like freelance engineer Geraldo Meneses, who does hold a small amount of crypto in his own wallet, preferred to use most of the donated crypto as AirTM credits. “Bitcoin is a way to charge for my work,” Meneses said via WhatsApp. “AirTM is my exchange platform and personal bank.” Meneses said he used the extra bitcoin from this charity campaign to buy medicine for his mother, which was expensive and had to be shipped from abroad. Before the coronavirus crisis, he said it was possible to ship medicine from Europe within roughly two weeks, but now it can take up to a month. So having the capital to order in advance is important. “Many people are looking for ways to exchange dollars and cryptocurrencies,” he said. “The most cunning [exchangers] try to defraud innocent people.” This was the benefit AirTM offered. Customers trusted the platform and knew how to use it, although few know how to operate zcash or bitcoin wallets. One new AirTM user, attorney Michael Barráez, said this was his first time learning about cryptocurrency. He said he might buy some bitcoin to hold for himself, as savings. Read more:Brazil’s Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction “When democracy is back and the U.S. sanctions are over, our economy will flourish again,” Barráez said. Even if users have the skills to use cryptocurrency, some of them still prefer to manage most of their money with the option for recourse that a company provides. Others don’t want to hold a highly volatile asset at all. “I could see that the money [AirUSD] did not devalue,” first-time crypto user Jannet García de Rivas, an experienced engineer who works in the tech industry, said about why he converted the crypto donation. If Venezuela offers an example of bitcoin usage, then it appears there is user demand for bitcoin-friendly services provided by a regular fintech company. In short, people trust the service provider, even if they may occasionally choose to hold a small amount of bitcoin themselves. The service provider makes it easier for them to transact with bitcoin across borders or liquidate it. Other users, with specific needs, require lots of planning and preparation in order to use bitcoin directly and be their own proverbial banker. “There is still so much work to be done in order to have bitcoin adoption in the region,” Cryptograffiti said. “For example, we had a random selection of refugees participate who just happened to be in the area, many of whom didn’t even have email addresses. In order to be the most effective, we could have tried to target a particular subset ahead of time.” • A Rare Glimpse Into How Crypto Is Really Used in Venezuela • A Rare Glimpse Into How Crypto Is Really Used in Venezuela... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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, CHINA / ACCESSWIRE / August 12, 2020 /A blockchain-based project,DUCATOdubbed DeFi 2.0 is fine-tuning the narrative of the DeFi ecosystem with its innovative hybrid financial product that co, mbines the capabilities of a decentralized and centralized financial protocol to create deep liquidity, a user-centric platform and improves scalability in delivering a tailor-made financial lending product.\nThe cutting-edge innovation designed by DUCATO is coming at a time when DeFi is fast becoming a buzzword in and out of the cryptocurrency industry. With a booming industry sector comes a couple of challenges, DUCATO is assembling a suite of products that solves a wide range of challenges rocking the DeFi ecosystem.\nAt the time of writing, DeFi related activities were at a record high with over $4.43 billionlocked in the protocol, with MakerDAO sitting at a staggering 31% dominance. Interestingly, the top 5 DeFi platforms account for an astonishing 82% of the locked value while the majority of the protocol is caught in the web of low liquidity.\nFrom a broader overview, the protocol has suffered slow settlement time due to over-reliance on the Ethereum network. The Ether token accounts for over 98% of total assets locked in the protocol, which amount to a relatively slow transaction time and extreme fees whenever the Ethereum network suffers high congestion.\nDUCATO Hybrid Protocol Mitigates These Impending Challenges\nTheDUCATO innovative DeFi protocolwill be entirely decentralized with a pluggable centralized protocol that allows the platform to dip into the traditional market, thereby servicing the DeFi market with deep liquidity, consequently providing room for a wide range of assets to be used as collateral.\nAs a result, the hybrid protocol enables DUCATO to serve the ever-growing population in the traditional lending space, of which DeFi lending is only a minor fraction of the entire lending ecosystem. By letting borrowers use traditional assets like gold, real estate, and other hard assets as collateral, the protocol creates a robust playing ground for traditional lenders and borrowers to get involved in secured, decentralized lending space powered by blockchain technology.\nTo achieve this hybrid protocol, DUCATO is working with Delio, a global CeFi rental service provider that will provide the platform with liquidity and utilize DUCATO rental services, as an official family company.\nAll transactions on the protocol will be facilitated via a smart contract which will take place Onchain, allowing for a high level of transparency, ease of access, and a secured lending environment. This approach makes up for the drawback associated with CeFi services, which aren't entirely secured and transparent.\nDucato Protocol Token and Stable Coin KRWD Concept\nThe ecosystem is powered by two innovative tokens that serve distinct purposes: The Ducato's protocol token and stable coin KRWD that is pegged to the Korean Won.\nThe Ducato's protocol token is the transactional token on Ducato hybrid DeFi 2.0 protocol, it is primarily used for settlement of all fees incurred on the platform, and it is also the protocol's governance token. Token holders will have the right to participate in the decision-making process, voting, and proposition of changes to the platform.\nBy interacting with the platform, the protocol token provides cross-platforms support for existing DeFi and CeFi lending services globally.\nKRWD, on the other hand, is a digital collateral-backed stablecoin that jointly powers the Ducato ecosystem, all transactions related to repayment of debt will be completed using the digital collateral asset-backed native token.\nAnyone can leverage their asset as collateral and take up loans in KRWD. Whenever a debt is repaid, the associated KRWD is burnt to ensure that the number of KRWD generated in the collateralization process.\nKRWD is deployed on the Ethereum blockchain, and the value of 1 KRWD is pegged to 1 Korean Won (KRW). The stablecoin asset relieve the problems of price volatility associated with Bitcoin and other cryptocurrencies.\nMedia And Other Important Links\nWebsite:http://DUCATO.io/\nTelegram channel:https://t.me/DUCATO_Channel\nFacebook:https://www.facebook.com/DeFi.DUCATO/\nTwitter:https://twitter.com/DUCATO_DeFi\nLinkedIn:https://www.linkedin.com/company/DUCATO-defi/\nYouTube:https://www.youtube.com/channel/UCB1p7-VVW51vEm02gQbb9vA/\nCONTACT:Name: David LeeEmail:[email protected] : +82 10 3773 5468\nSOURCE:Ducato\nView source version on accesswire.com:https://www.accesswire.com/601401/DUCATO-A-DeFi-Protocol-With-A-Pluggable-Hybrid-CeFi-Network", "HONG KONG, CHINA / ACCESSWIRE / August 12, 2020 / A blockchain-based project, DUCATO dubbed DeFi 2.0 is fine-tuning the narrative of the DeFi ecosystem with its innovative hybrid financial product that co, mbines the capabilities of a decentralized and centralized financial protocol to create deep liquidity, a user-centric platform and improves scalability in delivering a tailor-made financial lending product. The cutting-edge innovation designed by DUCATO is coming at a time when DeFi is fast becoming a buzzword in and out of the cryptocurrency industry. With a booming industry sector comes a couple of challenges, DUCATO is assembling a suite of products that solves a wide range of challenges rocking the DeFi ecosystem. At the time of writing, DeFi related activities were at a record high with over $4.43 billion locked in the protocol , with MakerDAO sitting at a staggering 31% dominance. Interestingly, the top 5 DeFi platforms account for an astonishing 82% of the locked value while the majority of the protocol is caught in the web of low liquidity. From a broader overview, the protocol has suffered slow settlement time due to over-reliance on the Ethereum network. The Ether token accounts for over 98% of total assets locked in the protocol, which amount to a relatively slow transaction time and extreme fees whenever the Ethereum network suffers high congestion. DUCATO Hybrid Protocol Mitigates These Impending Challenges The DUCATO innovative DeFi protocol will be entirely decentralized with a pluggable centralized protocol that allows the platform to dip into the traditional market, thereby servicing the DeFi market with deep liquidity, consequently providing room for a wide range of assets to be used as collateral. As a result, the hybrid protocol enables DUCATO to serve the ever-growing population in the traditional lending space, of which DeFi lending is only a minor fraction of the entire lending ecosystem. By letting borrowers use traditional assets like gold, real estate, and other hard assets as collateral, the protocol creates a robust playing ground for traditional lenders and borrowers to get involved in secured, decentralized lending space powered by blockchain technology. Story continues To achieve this hybrid protocol, DUCATO is working with Delio, a global CeFi rental service provider that will provide the platform with liquidity and utilize DUCATO rental services, as an official family company. All transactions on the protocol will be facilitated via a smart contract which will take place Onchain, allowing for a high level of transparency, ease of access, and a secured lending environment. This approach makes up for the drawback associated with CeFi services, which aren't entirely secured and transparent. Ducato Protocol Token and Stable Coin KRWD Concept The ecosystem is powered by two innovative tokens that serve distinct purposes: The Ducato's protocol token and stable coin KRWD that is pegged to the Korean Won. The Ducato's protocol token is the transactional token on Ducato hybrid DeFi 2.0 protocol, it is primarily used for settlement of all fees incurred on the platform, and it is also the protocol's governance token. Token holders will have the right to participate in the decision-making process, voting, and proposition of changes to the platform. By interacting with the platform, the protocol token provides cross-platforms support for existing DeFi and CeFi lending services globally. KRWD, on the other hand, is a digital collateral-backed stablecoin that jointly powers the Ducato ecosystem, all transactions related to repayment of debt will be completed using the digital collateral asset-backed native token. Anyone can leverage their asset as collateral and take up loans in KRWD. Whenever a debt is repaid, the associated KRWD is burnt to ensure that the number of KRWD generated in the collateralization process. KRWD is deployed on the Ethereum blockchain, and the value of 1 KRWD is pegged to 1 Korean Won (KRW). The stablecoin asset relieve the problems of price volatility associated with Bitcoin and other cryptocurrencies. Media And Other Important Links Website: http://DUCATO.io/ Telegram channel: https://t.me/DUCATO_Channel Facebook: https://www.facebook.com/DeFi.DUCATO/ Twitter: https://twitter.com/DUCATO_DeFi LinkedIn: https://www.linkedin.com/company/DUCATO-defi/ YouTube: https://www.youtube.com/channel/UCB1p7-VVW51vEm02gQbb9vA/ CONTACT: Name: David Lee Email: [email protected] Phone : +82 10 3773 5468 SOURCE: Ducato View source version on accesswire.com: https://www.accesswire.com/601401/DUCATO-A-DeFi-Protocol-With-A-Pluggable-Hybrid-CeFi-Network", 'Palantir Technologies Inc is planning to pursue a direct listing of its stock in September, instead of taking the initial public offering route, Bloomberg reported Wednesday. What Happened The Peter Thiel-owned company will sell its investors’ shares on the first day of trading, instead of waiting for the lock-in period to expire, as is the norm with IPOs, according to Bloomberg. The software analysis company would not raise any capital in the direct listing. Palantir disclosed to the United States Securities and Exchange Commission in July that it had raised $550 million of its targeted $961 million capital. Sompo Holdings Inc (OTC: SMPNY ) and Fujitsu Ltd (OTC: Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,275,069,362 - Hash Rate: 123844534.076575 - Transaction Count: 325346.0 - Unique Addresses: 690043.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Cash, like much of the cryptocurrency market, has stagnated in terms of price action over the past six weeks as it clings on to the tight range between $230 and $240. The period of relative calm comes after a turbulent couple of months spurred by the Coronavirus pandemic and subsequent economic fallout. Bitcoin Cash plunged to as low as $145 at the height of the crisis in March before recovering by nearly 100% in the following month. However, since surging to $285 Bitcoin Cash has been consolidating at around $240 with an apparent lack of interest on both the sell side and the buy side. From a short term perspective there has been slight dips to $221 and spikes to $266, but the daily 200 moving average remains a key point of resistance to the upside. Bitcoin Cash seems to be following the cryptocurrency market in general, with a number of altcoins like XRP and Litecoin both struggling beneath the daily 200MA. A daily or weekly candle close above this level would confirm a bullish breakout and would pave the way for a test $282, with an upside price target also emerging at $327. Much of the upcoming price action will also depend on Bitcoin, which seems to be correlated with the US stock market. Economic stimulus from global economies has the potential the drive stock market indexes to new all-time highs, and if this happens Bitcoin will likely follow bringing altcoins in its wake. For more news, guides and cryptocurrency analysis, click here . Pricing Current live BCH pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest BCH price. Pricing is also available in a range of different currency equivalents: US Dollar – BCHtoUSD British Pound Sterling – BCHtoGBP Japanese Yen – BCHtoJPY Euro – BCHtoEUR Australian Dollar – BCHtoAUD Russian Rouble – BCHtoRUB Bitcoin – BCHtoBTC About Bitcoin Cash Bitcoin Cash was born out of the idea of making Bitcoin more practical for small, day-to-day payments. In May 2017, Bitcoin payments took about four days unless a fee was paid, which was proportionately too large for small transactions. A change to the code was implemented and Bitcoin Cash was born on 1st August 2017. Story continues More Bitcoin Cash news and information If you want to find out more information about Bitcoin Cash or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started: https://coinrivet.com/roger-ver-to-launch-crypto-exchange-on-bitcoin-com/ As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. You may be interested in our range of cryptocurrency guides along with the latest cryptocurrency news .... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state’s central bank.\n• The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses,announced the releaseThursday.\n• The Monetary Authority of Singapore “facilitated” the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said.\n• The guidance is designed around the requirements of the country’s Payment Services Act, which was updated early in 2020 to require digital asset businesses operating in Singapore toregister for a license.\n• Specifically, it attempts to offer a standardized approach to combating money laundering and terrorism financing through know-your-customer (KYC) best practices.\n• ACCESS Chairman Anson Zeall said the guidance would point both global and local digital payment service providers “in the right direction” and facilitate successful applications for operating licenses under the act.\n• The code had been two years in development to ensure it’s “in line with both the interest of our members and that of regulators,” Zeall said ina tweeton Friday.\n• The code comes amid efforts to align with the Financial Action Task Force’s June 2019 guidance for globalsupervisory frameworksfor virtual asset service providers.\n• The code is expected to “evolve over time” collaboratively and will continue to be updated from “time to time” to ensure relevance, ACCESS said.\nSee also:Singapore Begins Crackdown on Unlicensed Bitcoin Sellers\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies', 'A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state\x92s central bank. The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses, announced the release Thursday. The Monetary Authority of Singapore \x93facilitated\x94 the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said. The guidance is designed around the requirements of the country\x92s Payment Services Act, which was updated early in 2020 to require digital asset businesses operating in Singapore to register for a license . Specifically, it attempts to offer a standardized approach to combating money laundering and terrorism financing through know-your-customer (KYC) best practices. ACCESS Chairman Anson Zeall said the guidance would point both global and local digital payment service providers \x93in the right direction\x94 and facilitate successful applications for operating licenses under the act. The code had been two years in development to ensure it\x92s \x93in line with both the interest of our members and that of regulators,\x94 Zeall said in a tweet on Friday. The code comes amid efforts to align with the Financial Action Task Force\x92s June 2019 guidance for global supervisory frameworks for virtual asset service providers. The code is expected to \x93evolve over time\x94 collaboratively and will continue to be updated from \x93time to time\x94 to ensure relevance, ACCESS said. See also: Singapore Begins Crackdown on Unlicensed Bitcoin Sellers Related Stories Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies', 'Upon Delivery and Full Installation, the Company’s Mining Operations Will Include 13,520 Next Generation Miners and Produce 1.55 Exahash (1,555 PH/s) Representing 1.2% of the Current Worldwide Bitcoin Hashrate\nLAS VEGAS, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a Nasdaq-listed cryptocurrency mining company, today announced that it has entered into a Long Term Purchase Contract with Bitmain for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners.\nMarathon’s Chief Executive Officer, Merrick Okamoto, stated, “The execution of this contract with Bitmain represents a milestone event for our company. This investment is expected to result in Marathon being one of, if not the largest, Bitcoin miner in North America.”\nOkamoto continued, “Today’s news comes on the heels of recent incremental business growth through the purchase of what now is expected to total 13,520 next generation miners generating 1.55 Exahash upon full installation. I would like to take this opportunity to thank Bitmain for working with us on this Long Term Purchase Contract, which locks in the purchase price, a substantial discount from the current retail price, and greatly reduces the risk of price increases to the Company and potential shortage of Miner availability in the future.”\n"We are pleased to have provided Marathon with Bitmain’s latest generation of Antminer S19 Pro mining hardware. Equipped with the most advanced chipset currently available, the high-performance and low power consumption of the miners will significantly improve operations of Marathon\'s mining business. This collaboration continues to strengthen our cooperation and will extend to future work together as Marathon expands its presence in the mining industry,” said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.\nAdditionally, 1,360 Miners were delivered to our Hosting Facility today, and the Company anticipates that all of these Miners will be deployed this weekend and added to our current 700 Miners presently in operation, bringing our currently installed Miners to 2,060 which will produce 184.6 PH/s. Bitmain will also deliver 500 previously purchased S-19 Pro Miners in September and 500 in November. After the installations this weekend go operational next week, the Company’s yields are expected to generate prospective positive net cash flow, based on the current price of Bitcoin and Hashrate difficulty.\nInvestor Notice\nInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2019. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Safe Harbor" below.\nForward-Looking Statements\nStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company\'s Annual Reports on Form 10-K, as may be supplemented or amended by the Company\'s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.\nName: Jason AssadPhone: 678-570-6791Email:[email protected]', 'Upon Delivery and Full Installation, the Company’s Mining Operations Will Include 13,520 Next Generation Miners and Produce 1.55 Exahash (1,555 PH/s) Representing 1.2% of the Current Worldwide Bitcoin Hashrate LAS VEGAS, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a Nasdaq-listed cryptocurrency mining company, today announced that it has entered into a Long Term Purchase Contract with Bitmain for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners. Marathon’s Chief Executive Officer, Merrick Okamoto, stated, “The execution of this contract with Bitmain represents a milestone event for our company. This investment is expected to result in Marathon being one of, if not the largest, Bitcoin miner in North America.” Okamoto continued, “Today’s news comes on the heels of recent incremental business growth through the purchase of what now is expected to total 13,520 next generation miners generating 1.55 Exahash upon full installation. I would like to take this opportunity to thank Bitmain for working with us on this Long Term Purchase Contract, which locks in the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,275,069,362 - Hash Rate: 140694130.549579 - Transaction Count: 365679.0 - Unique Addresses: 755913.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A British teenager has been charged with helping to orchestrate a massive cyber-attack which hijacked the Twitter accounts of major celebrities and brought the social network used by Donald Trump to its knees. The United States Department of Justice (DoJ) accused Mason John Sheppard, 19, of Bognor Regis, of finding buyers and brokering sales for another hacker offering illegal access to numerous Twitter accounts. Prosecutors charged Mr Sheppard with conspiracy to commit wire fraud, conspiracy to commit money laundering, and the intentional access of a protected computer, together carrying a maximum penalty of 45 years in prison. The investigation was aided by the UK's National Crime Agency (NCA), which on Friday searched a property in Bognor Regis associated with Mr Sheppard. The young Brit, allegedly known in the hacking community by the aliases "Chaewon" and "ever so anxious", was one of three people charged with the hack, alongside 22-year-old Nima Fazeli of Florida (allegedly known as "Rolex") and a 17-year-old Floridian Graham Ivan Clark, who is accused of being the "mastermind" of the attack. Accounts belonging to Barack Obama, Bill Gates, Elon Musk and Kim Kardashian West were compromisedand used to post links to Bitcoin wallets along with false claims that payments would be matched. The hack, which happened on July 15 and was the biggest in Twitter's history, sparked fears that a similar takeover of world leaders such as Donald Trump and the Ayatollah of Irancould lead to a diplomatic crisis or even armed conflict. Twitter said on Friday that the hackers had accessed the private messages of 36 accounts, including one elected official in the Netherlands. Some accounts had all their data downloaded. But according to US officials, the incident sprang from seat-of-the-pants plot hatched by three teenagers who failed to properly cover their tracks, for an overall financial gain of more than $100,000. United States Attorney David L. Anderson said: “There is a false belief within the criminal hacker community that attacks like the Twitter hack can be perpetrated anonymously and without consequence. “Today’s charging announcement demonstrates that the elation of nefarious hacking into a secure environment for fun or profit will be short-lived. “Criminal conduct over the Internet may feel stealthy to the people who perpetrate it, but there is nothing stealthy about it.” Florida prosecutor Andrew Warren added: “This could have had a massive, massive amount of money stolen from people; it could have destabilized financial markets within America and across the globe. “Because he had access to powerful politicians’ Twitter accounts, he could have undermined politics as well as international diplomacy... “This is not a game... these are serious crimes with serious consequences, and if you think you can rip people off online and get away with it, you’ll be in for a rude awakening that comes in the form of a 6 AM knock on your door.” The announcement appears to confirm early reports that the hackers were an international group of young forum users who were primarily concerned with gaining access to particular Twitter usernames because of their desirability. According to documentspublished by the DoJ, the hack began with 17-year-old Graham Clark from Tampa, Florida, who “used social engineering to convince a Twitter employee that he was a co-worker in the IT department” and had the employee give him login details to company systems. Clark was then able to gain access toTwitter's internal “customer service portal”, which employees use to manage accountsand reset their passwords where necessary. and had the employee provide credentials to access the customer service portal.” On July 15, a user called “Kirk#5270”, possibly Clark, messaged contacts on the chat service Discord claiming to be able to “reset, swap, and control any Twitter account at will” in exchange for Bitcoin. Kirk initially claimed to work for Twitter itself, posting screenshots of the customer portal. Mr Sheppard, under the username “ever so anxious#001", then allegedly acted as a broker for Kirk, posting an advert on a hackers' discussion forum offering ownership of "OG" Twitter accounts. Such accounts often have rare and desirable usernames that are usually short words or phrases, grabbed by their owners in the social network's early days. Chatlogs showed Kirk and "ever so anxious" discussing the sale of Twitter handles @xx, @dark, and @vampire, all of which were taken over in the July 15 hack. Mr Sheppard himself allegedly bought the Twitter name @anxious, while telling potential buyers that he could give them access to accounts for $2,500 to $3,000 each – plus a $250 commission for himself. A cluster of Bitcoin wallets allegedly owned by him received $40,000 in Bitcoin during the hack, and paid out $33,000 to a cluster owned by Kirk. The forum, however, had itself been hacked in April 2020, with full records of its users, their information and their messages dumped online. The FBI obtained those records, linking "ever so anxious" to the username Chaewon and then to the email address [email protected]. The final stroke, officials claimed, came from Mr Sheppard himself. Investigators requested records matching that email address fromCoinbase and Binance, two popular cryptocurrency exchanges, finding a British driver's licence in Mr Sheppard's name and bearing a picture of him. Bitcoin exchanges are typically required by law to hold such details on their users as part of so-called "Know Your Customer" regulations. On July 21, US government agents raided a property where they found the unnamed 17-year-old. The teenager confessed to participating in the attack, as well as allegedly confirming that they had worked with "Chaewon", whom they knew to be a teenager named Mason living in the UK.... - Reddit Posts (Sample): [['u/Marcion_Sinope', 'Carefully consider the magic wand of the Fed before you sell on a spike', 21, '2020-08-14 02:53', 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/', "Let's say we get a spike, great.\n\nIn fact, let's say it jumps back to 20K, make it 30K. And you sell.\n\nLiterally the next day the Fed can DEVALUE the dollar by 50% with a mouse click. And I can assure you they will.\n\nThat 20K is now 10K and your bitcoin is GONE. Moreover, you're on the IRS hook for the profit taken before the devaluation. You're double screwed. My advice is ride out the coming spikes, devaluations and hyperinflation - don't get cute because you're not psychic and the Fed has their own agenda.\n\nBuena suerte.", 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/', 'i9c7e3', [['u/D00bage', 14, '2020-08-14 03:20', 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/g1e6ygp/', 'So hold and learn to spend Bitcoin instead of converting to fiat?', 'i9c7e3']]], ['u/stockeroo', 'Tesla and Bitcoin: The Most Viewed Assets in America', 23, '2020-08-14 04:23', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/', "According to TradingView: [https://www.tradingview.com/chart/TSLA/qSFwTCM7-Tesla-and-Bitcoin-The-Most-Viewed-Assets-in-America/](https://www.tradingview.com/chart/TSLA/qSFwTCM7-Tesla-and-Bitcoin-The-Most-Viewed-Assets-in-America/) \n\n&#x200B;\n\n>[Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)stock is the most viewed asset in America. Our data shows that throughout July, [Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)was the most viewed stock in 31 states. [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)was not far behind. Since the start of the year, Tesla’s stock has almost tripled in price. Meanwhile [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)is up 60% year-to-date. \n \n> \n>Our findings also show the South East favors Forex and the West Coast states of California, Washington, and Oregon lean toward [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/). The west coast loves crypto the most. \n \n> \n>We also looked into the airline industry, arguably being hardest hit by Covid-19. Stocks in this sector, including [Boeing ](https://www.tradingview.com/symbols/NYSE-BA/)and American Airlines, saw favor among investors between March and June; [Boeing ](https://www.tradingview.com/symbols/NYSE-BA/)was the third most viewed stock and American Airlines the 10th. It's clear that the global pandemic brought increased [volatility](https://www.tradingview.com/ideas/volatility/) to the airlines sector and with that came additional interest from traders and investors. \n \n> \n>What was particularly interesting was the largest publicly traded company, [Apple ](https://www.tradingview.com/symbols/NASDAQ-AAPL/), failed to reach the topmost viewed stock in any one state. [Apple ](https://www.tradingview.com/symbols/NASDAQ-AAPL/)is nearing a $2 trillion market cap, it's up 53% year-to-date, and traders and investors still aren't paying that much attention. For now, the data clearly shows that [Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)and [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)are the two assets everyone is looking at most often. As the data changes, we'll update you the best we can in research reports like this.", 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/', 'i9dkr5', [['u/atrueretard', 21, '2020-08-14 06:02', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/g1eobba/', 'haha Bitcoin number go up', 'i9dkr5'], ['u/alfapredator', 11, '2020-08-14 08:24', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/g1ezsmj/', 'haha elon musk big brain I buy his company', 'i9dkr5']]], ['u/Dorleans15', 'The biggest scam site I have run across in 25 years. Heritage Sports', 63, '2020-08-14 05:27', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/', 'The rollover on a bonus of $10 is a total of $550 (which is the deposit made of $100 + the bonus of $10 multiplied by 5 which is the rollover amount on our 10% bonus) for the rollover completion we take into account the smallest amount between your risk and win amount every time you place a wager\xa0(please note that only sports betting counts for rollover casino action does not).\xa0\xa0\n\nAfter reviewing your account we see that you have never gone down to zero balance between your deposits, this actually means that the rollover on each of your deposits is still active, if you had lost the deposit completely the rollover is reset, but in this case it does not apply, Having said that according to our records you have completed a total of $304.82 in rollover since your first deposit on 7/17/2020, the total amount of rollover on your account,\xa0which is coming from your 3 deposits with bonuses and the cash boost we provided for the return of major sports is $1855, which means that at the moment you have $1550.18 left to complete in rollover for your account.\xa0\n\nTHE ABOVE IS FROM AN EMAIL. I JOINED WHAT I THOUGHT WAS A REDUCED JUICE CASH-BACK SITE WITH NO ROLLOVER. THEY ADD A $10 BONUS, UNLESS YOU UNCHECK A BOX ON THE MAIN SITE, NOT THE MOBILE SITE. NOTE THAT DEPOSITS ALLOW CASINO AND SPORTS BOOK, BUT IN THE FINE PRINT, CASINO DOES NOT COUNT TOWARDS ROLLOVER. AT INTERTOPS, 2 SEPARATE ACCOUNTS ARE REQUIRED, AT BOVADA ACTION COUNTS IN A WEIGHTED WAY, DEFINED IN THE BONUS, NOT FINE PRINT. My deposits were roughly $100 each time (bitcoin deposits make it hard to be exact). So 3 deposits with $30 required $1855 in betting, a 60x rollover.\n\nAVOID THIS SITE, NOTE FURTHER THAT UNLIKE BOVADA, ONE CAN NOT FORFEIT THE BONUS WHEN YOU ARE AT SAY $.14, or $.97 too small for a bet. So rollover keeps adding up, despite losing your stake.\n\nI am a big boy and expect to lose, but never even having the slightest chance at making a Withdrawal is too much. You all know the big names, stray at your own detriment. I welcome feedback from anyone who has either positive or negative feedback.\n\nDorleans15', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/', 'i9eix3', [['u/LandingRecords', 62, '2020-08-14 05:48', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1emwpx/', 'I’d stay clear from bonuses, rollover is a trap. I would just cut my losses and join a new sports book.', 'i9eix3'], ['u/clo3o5', 19, '2020-08-14 06:19', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1epw4g/', 'I learned this the first time I ever deposited. I never use bonuses anymore', 'i9eix3'], ['u/thesalamandirk', 10, '2020-08-14 06:25', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1eqepq/', 'Bonuses are a scam in the US and with offshore bookies\n\nNot an issue with Aussie and UK books', 'i9eix3'], ['u/wabatt', 12, '2020-08-14 07:18', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1euv65/', "First off the roll over is on the deposit size, not the bonus money. So $300 x 5 = 1,500 not $30.\n\nIf you are being prevented from withdrawing it's likely because they credited your account the bonus money. You can probably email them and have them cancel the bonus funds/remove them from your account so that you can withdrawal.", 'i9eix3'], ['u/Bruffy92', 23, '2020-08-14 08:42', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1f113j/', "Heritage pays every time. Like clockwork.. and its fast. In terms of liquidity and turnaround time, I've seen no offshore book match them.\n\nThat said, customer service is trash (no suprise) and they will try to fuck over anyone and everyone. Limit collars, changing of rules and promotions, player programs.. I get sick of it. But the most important thing to me is confidence in timely payouts, which Heritage has a flawless record of...in my experience. Of maybe 75-100 btc payouts, I cannot recall an occasion where the btc was not in my wallet within max 24-36 hours of withdrawal request. I've used pretty much all of the major offshore books minus bookmaker. Can't speak on them but I hear good things, generally. \n\nNEVER EVER EVER take a bonus. #1 rule I have learned. When I sign up for books, I go out of my way to ensure I am not receiving any incentive. Always read the fine print and TOS.", 'i9eix3'], ['u/carminef23', 11, '2020-08-14 14:13', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1fmpo8/', "not remotely true you have no clue what you're talking about", 'i9eix3']]], ['u/fillet_b', '1 mBTC (milli Bitcoin/0.001 BTC) is worth $11.73', 22, '2020-08-14 05:53', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/', 'Friendly reminder before it goes parabolic to $1000', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/', 'i9ewxt', [['u/cointastical', 17, '2020-08-14 06:40', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/g1ernv0/', 'Use sats, not mBTC.\n\n- https://USDSat.com\n- https://twitter.com/sats_per_dollar/media', 'i9ewxt']]], ['u/AutoModerator', '[Daily Discussion] Friday, August 14, 2020', 38, '2020-08-14 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/i9f33q/daily_discussion_friday_august_14_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slipped by 0.19% on Friday. Following a 1.98% gain on Thursday, Bitcoin ended the day at $11,775.5.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $11,848.5 before hitting reverse.\nFalling short of the first major resistance level at $11,981, Bitcoin slid to an early afternoon intraday low $11,656.0.\nSteering clear of the first major support level at $11,445 struck a late afternoon intraday high $11,863.5.\nContinuing to fall short of the first major resistance level at $11,981, Bitcoin slipped back to sub-$11,800 levels and into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBitcoin Cash ABC (-0.70%), Bitcoin Cash SV (-1.06%), Cardano’s ADA (-0.75%), Litecoin (-0.65%), Monero’s XMR (-0.83%), and Tezos (-0.61%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nTron’s TRX and Binance Coin led the way, with gains of 10.89% and 6.10% respectively.\nEOS (+4.01%), Ethereum (+3.25%), Ripple’s XRP (+1.83%), and Stellar’s Lumen (+3.65%) also found support.\nIn the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday morning high $365.56bn. At the time of writing, the total market cap stood at $361.09bn.\nBitcoin’s dominance rose to a Monday high 62.63% before sliding to a Friday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.82%.\nAt the time of writing, Bitcoin was up by 1.12% to $11,907.5. A bullish start to the day saw Bitcoin rise from an early morning low $11,775.5 to a high $11,991.5.\nBitcoin broke through the first major resistance level at $11,874.0 and the second major resistance level at $11,972.5.\nElsewhere, it was a mixed start to the day.\nMonero’s XMR (-0.02%), Tezos (-1.93%), and Tron’s TRX (-2.03%) saw red early on.\nIt was a bullish start for the rest of the majors.\nAt the time of writing, EOS was up by 2.99% to lead the way.\nBitcoin would need to avoid a fall through the first major resistance level at $11,874 to support a move back through the second major resistance level at $11,972.5.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,991.5, however.\nBarring an extended crypto rally, the second major resistance level and resistance at $12,000 should cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the third major resistance level at $12,180 before any pullback.\nFailure to avoid a fall through the first major resistance level would bring the sub-$11,800 levels into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid the pivot level at $11,765 and the major support levels. The first major support level sits at $11,667.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Kill Time\n• US Stock Market Overview – Stocks Close Mixed, Retail Sales Disappoint\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 15th, 2020\n• Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday\n• USD/CAD Daily Forecast – Weaker Oil Puts Pressure On The Canadian Dollar\n• Gold Weekly Price Forecast – Gold Markets Pullback After Parabolic Move', 'Bitcoin, BTC to USD, slipped by 0.19% on Friday. Following a 1.98% gain on Thursday, Bitcoin ended the day at $11,775.5. It was a mixed start to the day. Bitcoin rose to an early morning high $11,848.5 before hitting reverse. Falling short of the first major resistance level at $11,981, Bitcoin slid to an early afternoon intraday low $11,656.0. Steering clear of the first major support level at $11,445 struck a late afternoon intraday high $11,863.5. Continuing to fall short of the first major resistance level at $11,981, Bitcoin slipped back to sub-$11,800 levels and into the red. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Bitcoin Cash ABC (-0.70%), Bitcoin Cash SV (-1.06%), Cardano’s ADA (-0.75%), Litecoin (-0.65%), Monero’s XMR (-0.83%), and Tezos (-0.61%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Tron’s TRX and Binance Coin led the way, with gains of 10.89% and 6.10% respectively. EOS (+4.01%), Ethereum (+3.25%), Ripple’s XRP (+1.83%), and Stellar’s Lumen (+3.65%) also found support. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday morning high $365.56bn. At the time of writing, the total market cap stood at $361.09bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Friday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.82%. This Morning At the time of writing, Bitcoin was up by 1.12% to $11,907.5. A bullish start to the day saw Bitcoin rise from an early morning low $11,775.5 to a high $11,991.5. Bitcoin broke through the first major resistance level at $11,874.0 and the second major resistance level at $11,972.5. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR (-0.02%), Tezos (-1.93%), and Tron’s TRX (-2.03%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, EOS was up by 2.99% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the first major resistance level at $11,874 to support a move back through the second major resistance level at $11,972.5. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,991.5, however. Barring an extended crypto rally, the second major resistance level and resistance at $12,000 should cap any upside. In the event of a crypto breakout, Bitcoin could eye the third major resistance level at $12,180 before any pullback. Failure to avoid a fall through the first major resistance level would bring the sub-$11,800 levels into play. Barring another extended crypto sell-off, however, Bitcoin should avoid the pivot level at $11,765 and the major support levels. The first major support level sits at $11,667. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Kill Time US Stock Market Overview – Stocks Close Mixed, Retail Sales Disappoint EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 15th, 2020 Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday USD/CAD Daily Forecast – Weaker Oil Puts Pressure On The Canadian Dollar Gold Weekly Price Forecast – Gold Markets Pullback After Parabolic Move', '(Bloomberg Opinion) -- As the pandemic trashes the world economy, one business is booming. The number of ransomware attacks, where hackers encrypt a user’s data files and then demand payment to restore access, climbed by 20% in the first half of the year to reach 121.4 million assaults, according to data security firm SonicWall. Many of the victims chose to pay up. In June, the University of California said it paid $1.14 million to extortionists who’d besieged servers at its medical school. CWT, a travel-management company, handed over $4.5 million worth of Bitcoin last month to resolve a hack, Reuters reported. Garmin Ltd., which sells portable devices linked to global positioning systems, suffered outages in the final week of July it said were due to a cyber attack. While the company hasn’t commented on how it solved the interruptions, various media reports put the ransom demand at $10 million. In the past four years, Kivu Consulting has been involved in more than 700 ransomware incidents. Last year, the cyber security firm was the agent for 143 payments worth more than $17 million. So what should you do when the email arrives saying you’ve been hacked, your data has been compromised and if you don’t pay a ransom, your servers will remain frozen? I caught up with Winston Krone, Kivu’s global managing director, to find out. The following is a lightly edited transcript of our telephone conversation this week. MARK GILBERT: The number of ransomware attacks has climbed substantially this year. Is lockdown having an impact? WINSTON KRONE: We’re in the middle of a huge wave of attacks right now. Companies are coming back to work, employees are bringing infected computers back into the organization. Attackers have waited. The value of a ransomware attack is much bigger now that companies have gotten through the worst part of Covid and have the money to pay. It’s all about business interruption, that’s why people pay a ransom. If the company’s not working, if it’s hobbling along, a ransomware attack is not going to have the impact it would if the company was going full blast. We had attacks a couple of months ago where the victim of the attacks said, “We’re not sure we’re gonna be in business, we’re not paying a ransom because we’re not sure we’re gonna make payroll next month.” Story continues MG: Given that companies are reluctant to admit to being hacked or paying ransom, how big is the iceberg that we only see the tip of? WK: I would suspect the ratio is about 10/1, based on our metrics in the past four years where we know the number of ransomware attacks we were involved in that went public. There are very few unreported cases for publicly traded companies these days. Four years ago there was a huge embarrassment factor, now there’s no incentive to keep it secret. If anything, there’s quite a bit of sympathy for public companies that are hit with ransomware attacks. Of course, it’s different for private 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: 2020-08-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $219,467,488,600 - Hash Rate: 131426852.489427 - Transaction Count: 313760.0 - Unique Addresses: 664922.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose by 1.05% on Tuesday. Following on from a 0.98% gain on Monday, Bitcoin ended the day at $9,534.4. A mixed start to the day saw Bitcoin fall to an early morning intraday low $9,388.0 before making a move. Steering clear of the first major support level at $9,056.3, Bitcoin rose to an early afternoon intraday high $9,590.0. Falling short of the first major resistance level at $9,672.3, Bitcoin fell back to sub-$9,400 levels and into the red. Finding late support, however, Bitcoin broke back through to $9,500 levels to wrap up the day in the green. The near-term bullish trend remained intact in spite of last week’s sell-off, with Bitcoin holding well above the 23.6% FIB of $8,900. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. Across the rest of the majors, it was a mixed day on Tuesday. Ripple’s XRP and Tezos fell by 0.08% and by 0.55% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash SV (+2.11%), Ethereum (+1.90%), and Monero’s XMR (+2.07%) led the way. Binance Coin (+0.24%), Bitcoin Cash ABC (+0.67%), Cardano’s ADA (+1.12%), EOS (+0.83%), Litecoin (+0.23%), Stellar’s Lumen (+1.24%), and Tron’s TRX (+0.06%) also saw green. Through the start of the week, the crypto total market cap fell to a Monday low $246.94bn before rising to a Tuesday high $266.36bn. At the time of writing, the total market cap stood at $262.96bn. Bitcoin’s dominance rose from a current week low 66.13% to a Monday high 66.60%. At the time of writing, Bitcoin’s dominance stood at 66.16%. At the time of writing, Bitcoin was down by 0.82% to $9,455.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,540.8 to a low $9,454.1. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Cardano’s ADA was down by 2.01% to lead the way down. Bitcoin would need to move back through to $9,500 levels to bring the first major resistance level at $9,620.27 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,590.0. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye $9,700 levels and the second major resistance level at $9,706.13. Failure to move back through the $9,500 pivot level could see Bitcoin reverse Tuesday’s gain. A fall back through the morning low $9,454.1 would bring the first major support level at $9,418.27. into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,302.13. Thisarticlewas originally posted on FX Empire • GBP/USD Daily Forecast – British Pound Failed To Develop Upside Momentum • European Equities: A Quiet Economic Calendar May Test the Majors • EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – June 17th, 2020 • The Crypto Daily – Movers and Shakers – June 17th, 2020 • Silver Price Forecast – Silver Markets Break Top of a Hammer • Oracle revenue hit by coronavirus outbreak, misses fiscal Q4 estimates... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.70% on Saturday. Reversing a 0.19% loss from Friday, Bitcoin ended the day at $11,858.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,991.5 before hitting reverse. The early rally saw Bitcoin break through the first major resistance level at $11,874 and the second major resistance level at $11,972.5. A pullback through the morning saw Bitcoin slide to a mid-day intraday low $11,689.5. Steering clear of the first major support level at $11,667, Bitcoin revisited $11,980 levels before easing back. Bitcoin broke back through the first and second major resistance levels before wrapping up the day at sub-$11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. EOS rallied by 14% to lead the way, with Bitcoin Cash SV (+4.82%) and Litecoin (+5.38%) seeing solid gains. Bitcoin Cash ABC (+1.60%), Stellar’s Lumen (+2.02%), and Tron’s TRX (+2.1%) also joined Bitcoin in the green. Binance Coin (-0.13%), Cardano’s ADA (-0.01%), Ethereum (-1.43%), Monero’s XMR (-1.92%), Ripple’s XRP (-0.55%), and Tezos (-1.16%) saw red on the day, however. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday high $368.44bn. At the time of writing, the total market cap stood at $361.29bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Saturday low 60.06%. At the time of writing, Bitcoin’s dominance stood at 60.58%. This Morning At the time of writing, Bitcoin was down by 0.21% to $11,833.5. A mixed start to the day saw Bitcoin rose to an early high $11,872.5 before falling to a low $11,829.5. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR and Tezos bucked the trend with gains of 0.10% and 0.89% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 1.17% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $11,847 to support a run at the first major resistance level at $12,003.5. Support from the broader market would be needed, however, for Bitcoin to break out from the Saturday’s high $11,991.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,149 before any pullback. Failure to move back through the $11,847 pivot level would bring the first major support level at $11,702 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level sits at $11,545. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 15/08/20 S&P 500 Weekly Price Forecast – S&P 500 Likely to Break Out Silver Weekly Price Forecast – Silver Markets Show Huge Candle for the Week The Crypto Daily – Movers and Shakers – August 16th, 2020 Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy Jump in US Yields Boosts Dollar/Yen; RBA Calls for Fiscal Stimulus; RBNZ Boosts QE', 'Bitcoin, BTC to USD, rose by 0.70% on Saturday. Reversing a 0.19% loss from Friday, Bitcoin ended the day at $11,858.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,991.5 before hitting reverse. The early rally saw Bitcoin break through the first major resistance level at $11,874 and the second major resistance level at $11,972.5. A pullback through the morning saw Bitcoin slide to a mid-day intraday low $11,689.5. Steering clear of the first major support level at $11,667, Bitcoin revisited $11,980 levels before easing back. Bitcoin broke back through the first and second major resistance levels before wrapping up the day at sub-$11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. EOS rallied by 14% to lead the way, with Bitcoin Cash SV (+4.82%) and Litecoin (+5.38%) seeing solid gains. Bitcoin Cash ABC (+1.60%), Stellar’s Lumen (+2.02%), and Tron’s TRX (+2.1%) also joined Bitcoin in the green. Binance Coin (-0.13%), Cardano’s ADA (-0.01%), Ethereum (-1.43%), Monero’s XMR (-1.92%), Ripple’s XRP (-0.55%), and Tezos (-1.16%) saw red on the day, however. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday high $368.44bn. At the time of writing, the total market cap stood at $361.29bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Saturday low 60.06%. At the time of writing, Bitcoin’s dominance stood at 60.58%. This Morning At the time of writing, Bitcoin was down by 0.21% to $11,833.5. A mixed start to the day saw Bitcoin rose to an early high $11,872.5 before falling to a low $11,829.5. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR and Tezos bucked the trend with gains of 0.10% and 0.89% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 1.17% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $11,847 to support a run at the first major resistance level at $12,003.5. Support from the broader market would be needed, however, for Bitcoin to break out from the Saturday’s high $11,991.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,149 before any pullback. Failure to move back through the $11,847 pivot level would bring the first major support level at $11,702 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level sits at $11,545. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 15/08/20 S&P 500 Weekly Price Forecast – S&P 500 Likely to Break Out Silver Weekly Price Forecast – Silver Markets Show Huge Candle for the Week The Crypto Daily – Movers and Shakers – August 16th, 2020 Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy Jump in US Yields Boosts Dollar/Yen; RBA Calls for Fiscal Stimulus; RBNZ Boosts QE', 'After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:What’s Actually Happening With Inflation Right Now\nEarlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin.\nSee also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation\nOne of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids.\nWhile much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin.\nRelated:Bitcoin Surges Past $12,000 to New 2020 High\nRead:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?\n• Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?', 'After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:What’s Actually Happening With Inflation Right Now\nEarlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin.\nSee also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation\nOne of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids.\nWhile much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin.\nRelated:Bitcoin Surges Past $12,000 to New 2020 High\nRead:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $219,467,488,600 - Hash Rate: 128056933.194826 - Transaction Count: 285069.0 - Unique Addresses: 571198.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse. Falling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590. Steering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels. A bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red. The near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. Across the rest of the majors, it was a mixed day on Tuesday. Ethereum joined Bitcoin in the red, with a 1.49% loss. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively. Bitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support. Binance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners. At the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%. At the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend. It was a bearish start for the rest of the majors, however. Cardano’s ADA was down by 1.85% to lead the way down. Bitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601. Failure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255. Thisarticlewas originally posted on FX Empire • Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles • E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming? • USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level • Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms • Silver Price Forecast – Silver Markets Explode with Volatility • Gold Price Forecast – Gold Markets form Massive Candle... - Reddit Posts (Sample): [['u/ninjared28', 'Icy card with 100000 CRO vs Buying 1.4 BTC ?', 32, '2020-08-16 02:04', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/', "Icy card has several benefits and costs 100000 CRO (\\~17000 USD) to be staked for 6 months. For the same cost, we can get 1.4 BTC. I'm not sure about the growth prospects of CRO as it already has $3+ billion marketcap. I seriously doubt if the CRO price will keep growing.\n\nThere are high predictions for BTC in the long run.\n\nTechnically if we get icy card and stake 100000 CRO, I think monthly we can get $350 ( at current price) worth of CRO on 18% annual interest, extra cashback, extra earn., which can use used to buy bitcoin on a monthly basis. Syndicate/exchange options are not available for US residents. so not counting those benefits.\n\nIf given a choice, would you buy ICY card or 1.4 BTC right now ?", 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/', 'iaif5a', [['u/canth1982', 19, '2020-08-16 02:14', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1oki9l/', "Well even a .01 cent cro price raise net's you 1000. Which 1.4 BTC needs a raise of 650 to match. So, if you think CRO will exist in 6 months the go icy and use your weekly 18% to buy BTC and you will be way further ahead.", 'iaif5a'], ['u/TheGreatRedBuffalo', 10, '2020-08-16 02:15', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1oks9a/', 'Exactly what I do', 'iaif5a'], ['u/brendzy', 55, '2020-08-16 02:19', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1olhna/', "This is the worst place to be asking that question. I'll give you an honest answer, BTC.", 'iaif5a'], ['u/k2thesawa', 10, '2020-08-16 03:09', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1ovb69/', 'I think CRO will continue to rise with BTC as more people enter the space looking for an exchange. CRO should see a little bump with the 2 million dollar syndicate coming up. Overall, i find CDC a bit more risky than BTC so... do you like gambling? I think the $1 CRO is definitely possible in the next 12 months and with the staking rewards that would be huge. Who knows though. I definitely would make sure your portfolio is diversified', 'iaif5a'], ['u/45627Doc', 27, '2020-08-16 03:47', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p0i8g/', 'I’m in this same boat. I have a lot of link, don’t want to give it in. But want icy bad.\n\nHere is my reasoning for probably pulling the trigger. 100000 CRO in earn @ 18% = 300 CRO. This means you can use that 300 to stack stats or just keep building the amount of CRO so you can buy a lot more at some point weekly. Also mainnet, rapid growth of the platform, and it following btc closely. I don’t think the sole value will be much different of a return, not including the benefits that CRO and icy \n\nAgain just my opinion 😁', 'iaif5a'], ['u/just4linux', 10, '2020-08-16 04:55', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p7lmr/', "others might have different opinions, but I'd say compare swipe and cdc before making decision which card you want. Also with all attention on defi, eth is going to be big. Nearly all current defi options are build on eth and every single transaction requires ethereum to execute it. This will drive eth price higher. So I would go either eth or cdc 3% card or swipe 4% card. But in the end it's up to you.", 'iaif5a'], ['u/45627Doc', 11, '2020-08-16 04:58', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p7vlg/', 'Yeah I love eth. I got some already. But Even if you like Eth, you can use that 300+CRO generated weekly to buy more eth! That’s what I think the beauty between CRO is. Plus Icy is 4%', 'iaif5a'], ['u/just4linux', 15, '2020-08-16 05:14', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p9c28/', "think of it, 4% cashback. How much will you spend per month. Maybe average is about 1k usd. so 40usd per month. But you most likely have already a cc with some cashback. I have another free cc that has 2% cashback. So for me benefit is about 20usd a month for each 1k usd. \n\nWhen I compare how much I have to lock to cdc app to gain this benefit. It's not worth it. I have green one from cdc and even that is a bit questionable with all added benefits if I should keep it or not. The reason why I basically want to keep it is easier way to spend crypto. (maybe card has more value on bear market, but on bull market nah…)\n\nFrom investment point of view, if eth or btc would drop in value, I'd want to sell all cro to swap into one of them. Especially eth has much higher potential (my opinion) than all added benefits cro offer combined. Anyway, your money, your decision.", 'iaif5a'], ['u/Louis6787', 18, '2020-08-16 07:00', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1pipm7/', 'I would go for Bitcoin. Behind CRO there is a company and you can never know what can happen.', 'iaif5a'], ['u/ADPriceless', 12, '2020-08-16 08:23', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1pou78/', 'Why does it have to be Icy? What about stake for a Jade/Indigo and then use the rest for BTC. Whilst the staking amount is massively different (90k CRO) the benefits aren’t. You will get the extra interest on your BTC in earn and can always upgrade down the line', 'iaif5a']]], ['u/nickjlongo', 'How can someone live on Bitcoin today?', 19, '2020-08-16 03:08', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/', 'Obviously, just only use it instead of USD or whatever, but I’d like to hear people’s actual systems and strategies for making this possible today if it even is? Thanks!', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/', 'iajejp', [['u/jcoinner', 24, '2020-08-16 04:06', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/g1p2lad/', "I've been living off btc since 2013. That doesn't mean I never touch fiat obviously. But I get paid in btc and when I need some cash I exchange it but I look for options where I can use btc directly when possible.\n\nDoing this depends a lot on your situation, where you live etc. I have a very non-consumer lifestyle so I don't spend a lot on heaps of crap anyway, and live minimalist to the extent feasible. I think the two go together well. I haven't filed taxes in over 20 years and don't intend to fund any government again in my lifetime (other than sales and hidden taxes). Obviously I'm not an average Joe and most people aren't willing to live this way. The less you need to own and flash around, the easier this becomes. I'm not American btw, which helps.\n\nedit - Just wanted to add one thing I find quite helpful - having friends/family who are inclined to accumulating some btc. Sometimes they'll buy me something in exchange for sending some btc to their wallet. It's never for big stuff but eg. headphones on sale at a big box store. It's a win-win coz they don't want the hassle of opening exchange accounts and I don't have to expose myself either. Saves on fees. After years you can actually have a small network of btc friendlies.", 'iajejp']]], ['u/jwinterm', 'New User Created Badges Available', 70, '2020-08-16 05:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/', 'We now have the ability to upload custom badges. The first batch of these have been uploaded now from the winning entries in this badge design contest:\n\n[https://www.reddit.com/r/CryptoCurrency/comments/htqsvp/rcryptocurrency\\_badge\\_design\\_contest/](https://www.reddit.com/r/CryptoCurrency/comments/htqsvp/rcryptocurrency_badge_design_contest/)\n\nThanks to [/u/keeri\\_](https://www.reddit.com/u/keeri_/), [/u/astronautandmonkeys](https://www.reddit.com/u/astronautandmonkeys/), and [/u/stopdropandrauljulia](https://www.reddit.com/u/stopdropandrauljulia/).\n\nIf you buy a special membership using Moons, then you are now able to select a custom badge that will show by your username as a Bitcoin Cash, Bitcoin, Cardano, Chainlink, Doge, Ethereum, Iota, Litecoin, Monero, Nano, Ripple, Stellar, or Vechain fan. You can also use the Business Time Doge, Cardboard Box House, Dogejak, or Moonmoon badges. These are in addition to the monthly badges being produced by Reddit admins.\n\nGoing forwards anyone is able to submit a custom badge in the sidebar. Please follow the [design rules here](https://www.reddit.com/r/FortNiteBR/wiki/badgeemojiguide). Anyone that has a badge approved will get a small bonus of ~100 karma that should give them a bonus of ~500 moons at the end of the month distribution.', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/', 'ial4uz', [['u/ethereumflow', 17, '2020-08-16 05:16', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/g1p9ijr/', 'Moons are getting fun. Maybe it’s time to actually spend some on the membership instead of stocking up. \n\nKeep going with the ideas to get moons to pick up in the community. It’s one of my favourite things about this sub.', 'ial4uz']]], ['u/AutoModerator', '[Daily Discussion] Sunday, August 16, 2020', 50, '2020-08-16 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/ialxl2/daily_discussion_sunday_august_16_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Th... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.50% on Sunday. Following on from a 0.70% gain on Saturday, Bitcoin ended the week up by 2.07% to $11,917.5. It was a mixed start to the day. Bitcoin recovered from an early morning low $11,764 to strike a mid-morning intraday high $11,940.5. Falling short of the first major resistance level at $12,004, Bitcoin slid to a mid-day intraday low $11,691.5. Bitcoin fell through the first major support level at $11,702 before recovering to $11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash SV fell by 0.41% to buck the trend on the day. It was a bullish day for the rest of the majors. Tron’s TRX led the way, rallying by 12.26%. EOS (+4.11%), Litecoin (+6.64%), Stellar’s Lumen (+7.60%), and Tezos (+4.12%) also found strong support. Binance Coin (+1.82%), Bitcoin Cash ABC (+2.32%), Cardano’s ADA (+0.30%), Ethereum (+0.24%), Monero’s XMR (+1.59%), and Ripple’s XRP (+1.93%) trailed the front runners. For the week, it was also mixed for the broader market. Bitcoin Cash SV (-0.19%), Cardano’s ADA (-4.28%), and Monero’s XMR (-1.69%) saw red. It was bullish for the rest of the majors, however. EOS and Tron’s TRX surged by 28.09% and by 38.31% respectively to lead the way. Ethereum (+11.09%), Litecoin (+12.18%), Stellar’s Lumen (+9.41%), and Tezos (+14.88%) also found strong support. Binance Coin (+4.95%), Bitcoin Cash ABC (+2.11%), and Ripple’s XRP (+5.71%) trailed the front runners. In the week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Sunday high $367.82bn. At the time of writing, the total market cap stood at $362.51bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Sunday low 59.93%. At the time of writing, Bitcoin’s dominance stood at 60.29%. Story continues This Morning At the time of writing, Bitcoin was down by 0.51% to $11,856.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,940.0 before falling to a low $11,803.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA bucked the trend early on, rising by 0.20%. It was bearish for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 3.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,850 to support a run at the first major resistance level at $12,008. Support from the broader market would be needed, however, for Bitcoin to break out from the Sunday’s high $11,940.5. Barring an extended crypto rally, the first major resistance level and resistance at $12,000 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,099. Failure to avoid a fall back through the $11,850 pivot level would bring the first major support level at $11,759 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level at $11,601 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – GDP Data Important , but Treasury Yields Still Controlling Price Action AUD/USD and NZD/USD Fundamental Daily Forecast – RBA’s Lowe Favors Lower Aussie, but Taking No Action Ampol Shares Fall over 4% as Company Eyes 49% Stake Sale in Convenience Stores Property Trust European Equities: U.S Stats, Geopolitics, and COVID-19 in Focus Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 17th, 2020 US Stock Market: Complacent Investors Have Three Weeks to Prepare for Return of Volatility', 'Bitcoin, BTC to USD, rose by 0.50% on Sunday. Following on from a 0.70% gain on Saturday, Bitcoin ended the week up by 2.07% to $11,917.5. It was a mixed start to the day. Bitcoin recovered from an early morning low $11,764 to strike a mid-morning intraday high $11,940.5. Falling short of the first major resistance level at $12,004, Bitcoin slid to a mid-day intraday low $11,691.5. Bitcoin fell through the first major support level at $11,702 before recovering to $11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash SV fell by 0.41% to buck the trend on the day. It was a bullish day for the rest of the majors. Tron’s TRX led the way, rallying by 12.26%. EOS (+4.11%), Litecoin (+6.64%), Stellar’s Lumen (+7.60%), and Tezos (+4.12%) also found strong support. Binance Coin (+1.82%), Bitcoin Cash ABC (+2.32%), Cardano’s ADA (+0.30%), Ethereum (+0.24%), Monero’s XMR (+1.59%), and Ripple’s XRP (+1.93%) trailed the front runners. For the week, it was also mixed for the broader market. Bitcoin Cash SV (-0.19%), Cardano’s ADA (-4.28%), and Monero’s XMR (-1.69%) saw red. It was bullish for the rest of the majors, however. EOS and Tron’s TRX surged by 28.09% and by 38.31% respectively to lead the way. Ethereum (+11.09%), Litecoin (+12.18%), Stellar’s Lumen (+9.41%), and Tezos (+14.88%) also found strong support. Binance Coin (+4.95%), Bitcoin Cash ABC (+2.11%), and Ripple’s XRP (+5.71%) trailed the front runners. In the week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Sunday high $367.82bn. At the time of writing, the total market cap stood at $362.51bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Sunday low 59.93%. At the time of writing, Bitcoin’s dominance stood at 60.29%. Story continues This Morning At the time of writing, Bitcoin was down by 0.51% to $11,856.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,940.0 before falling to a low $11,803.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA bucked the trend early on, rising by 0.20%. It was bearish for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 3.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,850 to support a run at the first major resistance level at $12,008. Support from the broader market would be needed, however, for Bitcoin to break out from the Sunday’s high $11,940.5. Barring an extended crypto rally, the first major resistance level and resistance at $12,000 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,099. Failure to avoid a fall back through the $11,850 pivot level would bring the first major support level at $11,759 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level at $11,601 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – GDP Data Important , but Treasury Yields Still Controlling Price Action AUD/USD and NZD/USD Fundamental Daily Forecast – RBA’s Lowe Favors Lower Aussie, but Taking No Action Ampol Shares Fall over 4% as Company Eyes 49% Stake Sale in Convenience Stores Property Trust European Equities: U.S Stats, Geopolitics, and COVID-19 in Focus Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 17th, 2020 US Stock Market: Complacent Investors Have Three Weeks to Prepare for Return of Volatility', 'Bitcoin rose by 2.07% in the week ending 16thAugust. Following on from a 5.57% gain from the previous week, Bitcoin ended the week at $11,917.5.\nIt was a mixed start to the week. Bitcoin rose to a Sunday intraweek high $12,079.5 before hitting reverse.\nComing up against the first major resistance level at $12,070, Bitcoin slid to a Monday intraweek low $11,123.5.\nSteering clear of the first major support level at $11,112, Bitcoin bounced back to a Saturday high $11,991.5 before easing back.\n5 days in the green that included a 1.98% gain on Thursday delivered the upside for the week. A 4.33% slide on Tuesday pinned Bitcoin back, however.\nBitcoin would need to avoid a fall through $11,707 pivot to support a run the first major resistance level at $12,290 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the last week’s high $12,079.5.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Bitcoin could break out from the second major resistance level at $12,663 to target $13,000 levels.\nA fall through the $11,707 pivot would bring the first major support level at $11,334 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 levels and the second major support level at $10,751.\nAt the time of writing, Bitcoin was down by 0.90% to $11,810.5. A mixed start to the week saw Bitcoin rise to an early Monday morning high $11,940.0 before sliding to a low $11,792.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEOS rallied by 28.08% in the week ending 16thAugust. Following on from a 2.72% gain from the week prior, EOS ended the week at $3.8792.\nA bullish start to the week saw EOS rally to a Monday high $3.3461 before hitting reverse.\nEOS broke through the first major resistance level at $3.2945 before sliding to a Tuesday intraweek low $2.8715.\nSteering clear of the first major support level at $2.7396, EOS rallied to a Sunday intraweek high $3.9863.\nEOS broke back through the first Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $229,917,200,719 - Hash Rate: 105309977.956271 - Transaction Count: 292944.0 - Unique Addresses: 652100.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. sanctions in response to Hong Kongs national security law and Beijings tighter grip over the citys financial system could pose challenges for local crypto brokerage firms. The U.S. Senate passed the Hong Kong Autonomy Act on Thursday to penalize China for eroding Hong Kongs autonomy. The bill is in response to a new national security law that broadly criminalizes acts of sedition, collusion, terrorism and subversion, which could include publicly criticizing the Chinese Communist Party. The law is already sending a chill over free expression in Hong Kong. The bill stipulates that the U.S. government should restrict foreign banks and subsidiaries of U.S. banks in Hong Kong from accessing the U.S. dollar system if they conduct significant transactions with persons or entities that contribute to weakening Hong Kongs autonomy. Related: Ride-Hailing Giant DiDi to Trial China's Central Bank Digital Currency No specific banks have been targeted and the bill does not provide the criteria that determine whether a bank deserves a sanction. The U.S. Treasury Secretary will decide on what behavior would result in a sanction on a bank, according to the bill. This could take a toll on cryptocurrency companies in Hong Kong. In particular, it could affect crypto brokerages, which are highly dependent on the U.S. dollar system to settle and clear transactions. Hong Kong is an important crypto hub, especially in Asia. Major mainland China-originated crypto exchanges such as OKCoin and Huobi have offices, and offer crypto trading services, in Hong Kong, given its relatively crypto-friendly regulations. The most successful cryptocurrency companies here are dependent on their access to the U.S. dollar system, said Leo Weese, the president and co-founder of the Bitcoin Association of Hong Kong, a non-profit organization. They move money around, they are big brokers and if they somewhat lose that access they are in trouble. Read More: Global Protests Reveal Bitcoins Limitations Related: First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race That access is important to large crypto brokerage companies because fiat currencies transactions between investors and brokerage are settled and cleared by banks in U.S. dollars, Weese said. Even though you are in Asia, you still rely a lot on U.S. banking, said Charles Yang, head trader at Genesis Block , one of the largest over-the-counter (OTC) desks that primarily offers cross-border crypto brokerage services in Hong Kong. Story continues OTC desks are different from cryptocurrency exchanges, through which trades are based on a market price. With OTC desks, brokers help traders find counterparties. For most Asia-based brokerage companies (OTC desks), if they can not easily transfer money to U.S. counterparties, then it slows down flows and trading volume will be much lower, Yang said. If there is any further friction from the U.S. policy, it could be very damaging to our business, Yang said. Increasing frictions, limiting banks Hong Kong Securities and Futures Commission (SFC) started to accept licensing applications from virtual asset trading platforms last November in a bid to offer a clearer regulatory framework for digital asset trading services providers. Major international investors have also set their sights on Hong Kong-based crypto firms. OSL, one of the largest crypto exchanges that provide trading brokerage and custodian services in Hong Kong, secured a $14 million investment from Fidelity International via an equity shares acquisition. Amber Group, a Hong Kong-based startup that offers a range of financial services such as trading and lending for crypto investors, secured $28 million in a Series A funding round from U.S.-based investors such as Coinbase Ventures and Polychain Capital. While it is still unclear what exact sanctions the U.S. government will impose on Hong Kong, there are two scenarios that could hurt brokerage companies, Yang said. Crypto-friendly U.S. banks, such as Silvergate and Signature , provide 24/7 instant crypto settlement services. The U.S. government could limit what amounts and where these banks can send money, which would increase friction for money transfers back to Hong Kong, Yang said. Read more: China Stocks Surge and NYC Real Estate Craters: 5 Stories Shaping Markets Today Crypto brokerage companies could also face difficulties in wiring money from Hong Kong to the U.S., Yang said. For example, many such companies use the Bank of Communications, which is one of the largest state-owned commercial banks in mainland China. If that bank is sanctioned by the U.S. government, the companies wont be able to wire their money to their U.S. bank accounts, Yang said. Another concern is that more scrutiny would prolong transaction times, according to Yang. The banks would flag Hong Kong-related transactions more often, they would hold the transactions and do a compliance query, and that could take a few days to resolve, which means there will be a lot of friction, Yang said. If the money transfers between Hong Kong, London and the U.S. are being blocked, or being made more expensive, then the Hong Kong brokers wont have as much of the need to really be here because [Hong Kong] wont be able to serve the local market as efficiently, Weese said. The bill vaguely refers to officials and foreign persons who materially contribute to the contraventions of Chinas obligation. After the president signs the bill, U.S. Secretary of State Mike Pompeo will have 90 days to identify Chinese officials and foreign persons who are involved in anti-democracy activities, such as cracking down on protests, and report them to Congress. The Secretary of the Treasury will then have 60 days to submit a list of foreign institutions that conduct significant transactions with these persons, according to the bill. If the bill goes into effect, money transfers between banks in Hong Kong will face more surveillance and the risks of being frozen due to the new sanctions, said Jason Wu, the CEO of Definer, a crypto lending firm with a focus on cross-border transactions between the U.S. and China. While some crypto investors can use cash or face-to-face trading to trade crypto with fiat currencies, many have to register with brokerage firms in compliance with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations by Hong Kongs financial authorities, especially the block trades in millions of dollars, Wu said. Read More: Freezing OTC Traders Bank Accounts Over Tainted Crypto Transactions Any money transfer in large amounts in a bank in Hong Kong will raise a flag for both the Chinese and U.S. financial regulators, Wu said. Cross-border money transfers between the U.S. and Hong Kong already faced stricter scrutiny even before the bill, according to Wu. People in Hong Kong have been trying to transfer their money to overseas bank accounts since the unrest started in March 2019. Both the Chinese and U.S. governments are closely watching these financial transactions, Wu said. The future of Hong Kongs financial system The bill is not the only U.S. attempt to dismantle Hong Kongs financial and economic privileges as Beijing weakens the citys autonomy. The U.S. government has issued restrictions on visas for Chinese officials and threatened to revoke Hong Kongs special trade status. I think for now there is no intention to mess with Hong Kongs financial system and scare companies away, but of course things could quickly change, Weese said of Chinas national security law. Neither the Chinese nor the U.S. government has disclosed what exact measures they will take to influence Hong Kongs financial system, Wu said. One extreme case is that Hong Kong becomes like any other city in mainland China and wire transfers would be much more difficult. If you make wire transfers in mainland China, there will be many limitations such as going through more scrutiny with financial authorities such as the State Administration of Foreign Exchange (SAFE), which makes it difficult to make the transfers, Wu said. However, it is much easier in Hong Kong because it is in the international settlement system. One extreme case is that Hong Kong becomes just like any other city in mainland China in terms of financial freedom, Wu said. Read more: Ride-Hailing Giant DiDi to Trial Chinas Central Bank Digital Currency In mainland China, where banks are restricted from processing money transactions related to crypto, most investors trade and make purchases via peer-to-peer trading services provided by over-the-counter desks with third-party payment cash apps. Usually what happens in such situations is that the market continues to exist with much higher spreads but served by different individuals or smaller brokerages. At least thats how weve observed it in other places, Weese said. The very largest brokerages only exist in places where they can efficiently buy and sell a million or 10 million dollars worth of bitcoin , Weese said. Related Stories Hong Kongs National Security Law Could Threaten Local Crypto Brokerages Hong Kongs National Security Law Could Threaten Local Crypto Brokerages 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: ['Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan. China’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstorms since last week , which peaked over the last two days. The heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn. Related: PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement As result, impacted bitcoin mining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing. Data from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total. Pan said in a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions. According to the Xinhua News Agency , the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record. Related: Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving Further, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, is shut down due to severe floods and mudslides. Story continues Meanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high. Read more: The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners The monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners. But over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farms halting operations temporarily or even being completely destroyed. Related Stories Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', 'Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.\nChina’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstormssince last week, which peaked over the last two days.\nThe heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn.\nRelated:PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement\nAs result, impactedbitcoinmining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing.\nData from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total.\nPansaidin a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions.\nAccording to theXinhua News Agency, the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record.\nRelated:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving\nFurther, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, isshut downdue to severe floods and mudslides.\nMeanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high.\nRead more:The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\nThe monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners.\nBut over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farmshaltingoperations temporarily or even being completely destroyed.\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', 'Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.\nChina’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstormssince last week, which peaked over the last two days.\nThe heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn.\nRelated:PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement\nAs result, impactedbitcoinmining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing.\nData from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total.\nPansaidin a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions.\nAccording to theXinhua News Agency, the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record.\nRelated:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving\nFurther, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, isshut downdue to severe floods and mudslides.\nMeanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high.\nRead more:The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\nThe monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners.\nBut over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farmshaltingoperations temporarily or even being completely destroyed.\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', '* Asian stock markets : https://tmsnrt.rs/2zpUAr4\n* Dollar weakens on disappointing data\n* Nikkei slips 0.24%, Chinese blue chips up 0.18%\n* Safe haven gold rises on Buffet move\n* Oil gives up some gains after output cut\nBy Alun John and Chibuike Oguh\nHONG KONG/NEW YORK, Aug 18 (Reuters) - Asian shares made cautious gains on Tuesday as the lift from Wall Street\'s tech-fueled rally was checked by investors\' fresh concerns about Sino-U.S. tensions.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan gained 0.43%, edging closer to its pre-pandemic late January high, though European markets were set to open slightly down as EUROSTOXX 50 futures eased 0.27% and FTSE futures fell 0.35%.\nE-Mini futures for the S&P 500 were flat.\nThe Trump administration announced on Monday it would further tighten restrictions on China\'s Huawei Technologies Co , aimed at cracking down on its access to commercially available chips, a move set to disrupt global supply chains.\nHowever, sentiment was supported by the Nasdaq, which surged to a record high close on Monday and the S&P 500, wh Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $229,917,200,719 - Hash Rate: 117947175.311024 - Transaction Count: 346036.0 - Unique Addresses: 739835.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In the race to become the dominant cryptocurrency platform, Ethereum is gaining on Bitcoin. Take a look at the market capitalization of ether, the native token of the Ethereum blockchain. Currently, the value stands at about $26 billion. But that figure doesn’t include all of the digital assets built atop the Ethereum blockchain, including some of this year’s hottest tokens: stablecoins like tether and USDC and altcoins like Crypto.com’s CRO , Chainlink’s LINK, Compound’s COMP and Kyber’s KNC . You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: Blockchain Bites: China's BSN Integrations and Satoshi's Newfound Wealth The combined value of those ERC-20-standard tokens is also around $26 billion, according to the data provider Messari. That puts the market capitalization of the Ethereum ecosystem at more than $50 billion – closer to bitcoin’s $170 billion than if ether were considered alone. The comparison shows how the rapid pace of development this year on Ethereum has brought the blockchain’s ecosystem closer to challenging Bitcoin. The value gap narrowed over the past month as bitcoin’s price stagnated, while demand for stablecoins and a flurry of activity in “decentralized finance,” known as DeFi, has ignited the value of Ethereum and the tokens that depend on it. “DeFi tokens continue their bull run,” cryptocurrency analysis firm TradeBlock wrote Monday in a weekly commentary . Messari, a digital-asset data firm, said in a report that the Ethereum blockchain’s daily settlement value recently surged to about $2.5 billion, surpassing Bitcoin’s for the first time since at least early 2019. Story continues Related: Ethereum Turns Five Next Week and We're Producing a Special Series “Ethereum has blown past Bitcoin,” Ryan Watkins, a Messari analyst, wrote in the post on Monday. “With the increasing amount of economic activity taking place on Ethereum, this trend is unlikely to reverse anytime soon, if ever.” It’s the latest chapter in the competition among projects to attain critical mass in the cryptocurrency industry. For entrepreneurs and investors in the space, the goal is to establish networks and projects with enough name recognition, credibility and functionality to scale quickly if and when mass adoption comes. Bitcoin, the oldest and largest cryptocurrency, attracted most of the hype early in 2020 as some analysts predicted a once-every-four-years event known as the blockchain’s “halving” could send prices to $90,000. Bitcoin got another bluster of endorsements as the spreading coronavirus slammed the global economy, sending traditional markets plunging and prompting the Federal Reserve and other big central banks to create trillions of dollars of fresh money . Many investors predicted that the money injections would debase the dollar’s purchasing power, driving up the price of bitcoin. Yet over the past couple months, bitcoin’s price has stagnated below $10,000, and even its notorious volatility has withered – prompting fickle crypto traders to seek faster-moving action. Bitcoin has been stuck in a tight trading range for weeks, boring for a market that used to be known for its thrills. However, there are signs Tuesday that an expected big move may be building. Still, Ether’s price is up 81% in 2020 to $237, almost three times bitcoin’s 30% year-to-date gain. Steve Ehrlich, CEO of publicly traded cryptocurrency brokerage firm Voyager Digital, says bitcoin has accounted for about 15% of trading volumes so far in July, down from about 60% prior to the May halving. “We’ve seen a tremendous change in our retail customer behaviors,” Ehrlich said Monday in a phone interview. “When bitcoin is extremely flat in the marketplace, people are looking at other tokens.” In terms of name recognition and popularity outside of the crypto industry, Bitcoin still dominates. According to a report last week from the trading platform eToro and data provider The TIE, only four stories about DeFi appeared in June in “non-crypto news sources,” versus some 200 about bitcoin. “There is a growing realization though that the 2020 DeFi hype may be overdone,” Mati Greenspan, founder of the cryptocurrency and foreign-exchange analysis firm Quantum Economics , wrote Monday in an e-mail to subscribers. Denis Vinokourov, head of research at the London-based cryptocurrency prime broker Bequant , said that ethereum risks becoming a victim of its own success, activity in the tokens built atop the blockchain are driving up transaction fees. “This resurgence in the network performance has come with a raft of undesired consequences,” Vinokourov wrote in emailed remarks. And Jimmy Song, a well-known bitcoin developer and promoter, told the website CoinMarketCap in an interview published last week that he thinks many DeFi projects will fail to live up to their “decentralized” billing because “they almost always have to have some sort of back door in case something goes wrong.” “It’s really just a form of gambling with limited upside for people that aren’t in control of the protocol,” Song said. For now, though, the Ethereum ecosystem is edging closer. Jack Tan, of Taiwan-based quantitative firm Kronos Research, told CoinDesk’s Daniel Cawrey that he sees ether hitting $500 by the end of this year . That would more than double ether’s market capitalization, to say nothing of any potential increases in the value of ERC-20 tokens. “Ethereum the platform has done its job,” the cryptocurrency investment firm Arca wrote Monday in a weekly blog post . Traders are apparently doing their jobs too – following the action. Tweet of the day Bitcoin watch BTC : Price: $9,347 ( BPI ) \| 24-Hr High: $9,363 \| 24-Hr Low: $9,152 Trend : Bitcoin is showing signs of life on Tuesday with prices trading above $9,340 at press time, representing a 1.9% gain on the day. Notably, the cryptocurrency hasn’t witnessed an over 1% move since July 9. The 4-hour chart shows the cryptocurrency has broken higher from the four-week-long narrowing price range. The breakout is backed by an above-50 or bullish reading on the relative strength index. Meanwhile, the MACD histogram is printing higher bars above the zero line, a sign the upward move may gather pace. The immediate resistance at $9,480 – a lower high created on July 9 – could be put to test over the next few hours. Acceptance above that level would confirm a Bollinger band (volatility indicator) breakout on the daily chart and may yield a rally to $10,000. The bias would turn bearish if the cryptocurrency finds acceptance under $9,000. However, sellers have failed multiple times in the last two months to establish a foothold below that psychological support. Related Stories First Mover: Bitcoin Shows Signs of Life but Ether (and Crew) Steal the Limelight First Mover: Bitcoin Shows Signs of Life but Ether (and Crew) Steal the Limelight... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 2.79% on Tuesday. Reversing most of a 3.18% rally from Monday, Bitcoin ended the day at $11,954.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $12,402.0 before hitting reverse. Falling short of the first major resistance level at $12,616.33, Bitcoin tumbled to an early afternoon intraday low $11,811.5. Bitcoin fell through the first major support level at $11,846.83 before briefly revisiting $12,000 levels. A bearish end to the day left Bitcoin back at sub-$12,000 levels and in the deep red. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day for the majors on Tuesday. Bitcoin Cash ABC (-4.99%), Bitcoin Cash SV (-3.83%), EOS (-5.35%), Ripple’s XRP (-3.98%), Stellar’s Lumen (-4.90%), Tezos (-5.07%), and Tron’s TRX (-5.15%) led the way down. Binance Coin (-2.21%), Cardano’s ADA (-2.42%), Ethereum (-2.13%), Litecoin (-2.62%), and Monero’s XMR (-0.28%) saw relatively modest losses on the day. At the start of the week, the crypto total market rose to a Monday high $384.00bn before sliding to an early Wednesday low $349.40bn. At the time of writing, the total market cap stood at $352.81bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday morning high 61.61%. At the time of writing, Bitcoin’s dominance stood at 61.39%. This Morning At the time of writing, Bitcoin was down by 1.76% to $11,744.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,022.5 before sliding to a low $11,650.0. Bitcoin fell through the first major support level at $11,710.0 early on. Elsewhere, it was also a bearish start to the day for the crypto majors. At the time of writing, Tron’s TRX was down by 6.66% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $12,056 to support a run at the first major resistance level at $12,301. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $12,022.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $12,500 before any pullback. Failure to move through the $12,056 pivot level would bring the first major support level at $11,710 back into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 support levels. The second major support level sits at $11,466. This article was originally posted on FX Empire More From FXEMPIRE: GBP/USD Daily Forecast – Resistance At 1.3300 In Sight GBP/USD Wave 3 Pattern Confirms Bullish Momentum Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 19th, 2020 Is It Make or Break for the US Dollar Index? Price of Gold Fundamental Daily Forecast – Could Spike Higher if Fed Changes Approach to Inflation Was That the Top in Gold?', 'Bitcoin, BTC to USD, fell by 2.79% on Tuesday. Reversing most of a 3.18% rally from Monday, Bitcoin ended the day at $11,954.5.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $12,402.0 before hitting reverse.\nFalling short of the first major resistance level at $12,616.33, Bitcoin tumbled to an early afternoon intraday low $11,811.5.\nBitcoin fell through the first major support level at $11,846.83 before briefly revisiting $12,000 levels.\nA bearish end to the day left Bitcoin back at sub-$12,000 levels and in the deep red.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day for the majors on Tuesday.\nBitcoin Cash ABC (-4.99%), Bitcoin Cash SV (-3.83%), EOS (-5.35%), Ripple’s XRP (-3.98%), Stellar’s Lumen (-4.90%), Tezos (-5.07%), and Tron’s TRX (-5.15%) led the way down.\nBinance Coin (-2.21%), Cardano’s ADA (-2.42%), Ethereum (-2.13%), Litecoin (-2.62%), and Monero’s XMR (-0.28%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total market rose to a Monday high $384.00bn before sliding to an early Wednesday low $349.40bn. At the time of writing, the total market cap stood at $352.81bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday morning high 61.61%. At the time of writing, Bitcoin’s dominance stood at 61.39%.\nAt the time of writing, Bitcoin was down by 1.76% to $11,744.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,022.5 before sliding to a low $11,650.0.\nBitcoin fell through the first major support level at $11,710.0 early on.\nElsewhere, it was also a bearish start to the day for the crypto majors.\nAt the time of writing, Tron’s TRX was down by 6.66% to lead the way down.\nBitcoin would need to move through the pivot level at $12,056 to support a run at the first major resistance level at $12,301.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $12,022.5.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $12,500 before any pullback.\nFailure to move through the $12,056 pivot level would bring the first major support level at $11,710 back into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 support levels. The second major support level sits at $11,466.\nThisarticlewas originally posted on FX Empire\n• GBP/USD Daily Forecast – Resistance At 1.3300 In Sight\n• GBP/USD Wave 3 Pattern Confirms Bullish Momentum\n• Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 19th, 2020\n• Is It Make or Break for the US Dollar Index?\n• Price of Gold Fundamental Daily Forecast – Could Spike Higher if Fed Changes Approach to Inflation\n• Was That the Top in Gold?', "United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a\xa0purported cryptocurrency company. What Happened The five individuals \x97 Pablo Renato Rodriguez, Gutemberg Dos Santos, Scott Hughes, Cecilia Millan, and Jackie Aguilar \x97 ran a company called AirBit Club since the beginning of 2015, which claimed to mine and trade in cryptocurrency, the Justice Department said in a statement . The alleged fraudsters, charged with running a multimillion-dollar fraud and a money-laundering ring, spent their victims' money on luxury cars, jewelry, and homes, according to Homeland Security Investigations Special Agent-in-Charge Peter Fitzhugh. Prosecutors say that the five persons traveled throughout the United States and around the world and hosted expositions and presentations\xa0\x97\xa0inducing victims to purchase memberships in AirBit Club\x92s scheme. The victims are reported to have observed profits accumulate on the website of the scheme, but no actual Bitcoin mining or trading took place. Instead, the alleged fraudsters enriched themselves with the invested funds. Why It Matters The Justice Department claims the defendants laundered at least $20 million of the proceeds in the scheme. Rodriguez, Dos Santos, and Millan stand charged with single count to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit bank fraud. Hughes was charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. Aguilar was charged with one count of conspiracy to commit wire fraud. Price Action Bitcoin traded nearly 3.9% lower at $11,787.89 on Wednesday at press time. See more from Benzinga Bitcoin Cash and Litecoin Cryptocurrencies To Trade At The Stock Market As Grayscale Wins FINRA Approval Texas Man Charged With Fraud For Transferring Nearly M Coronavirus Federal Aid To Cryptocurrency Account © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a\xa0purported cryptocurrency company.\nWhat Happened\nThe five individuals — Pablo Renato Rodriguez, Gutemberg Dos Santos, Scott Hughes, Cecilia Millan, and Jackie Aguilar — ran a company called AirBit Club since the beginning of 2015, which claimed to mine and trade in cryptocurrency, the Justice Department said in astatement.\nThe alleged fraudsters, charged with running a multimillion-dollar fraud and a money-laundering ring, spent their victims' money on luxury cars, jewelry, and homes, according to Homeland Security Investigations Special Agent-in-Charge Peter Fitzhugh.\nProsecutors say that the five persons traveled throughout the United States and around the world and hosted expositions and presentations\xa0—\xa0inducing victims to purchase memberships in AirBit Club’s scheme.\nThe victims are reported to have observed profits accumulate on the website of the scheme, but no actual Bitcoin mining or trading took place. Instead, the alleged fraudsters enriched themselves with the invested funds.\nWhy It Matters\nThe Justice Department claims the defendants laundered at least $20 million of the proceeds in the scheme.\nRodriguez, Dos Santos, and Millan stand charged with single count to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit bank fraud.\nHughes was charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. Aguilar was charged with one count of conspiracy to commit wire fraud. Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $229,917,200,719 - Hash Rate: 116262215.6637237 - Transaction Count: 333879.0 - Unique Addresses: 710405.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popularMoneynessblog. Bitcoinis often described as digital gold. If bitcoin is to be the next version of the yellow metal, then 2020’s gold market may have plenty to teach us about what bitcoin will be like in 2030. While each molecule of gold is physically the same, not all gold is economically the same. The gold market is effectively a two-tiered system. At the top of the hierarchy is gold housed in a carefully walled garden in London. Everything else that doesn’t meet London’s strict standards – the second-rate gold – is held outside of the City. Related:4 Myths About CBDCs Debunked See also: Osho Jha –As This Crisis Worsens, Bitcoin Will Become a Safe Haven Again Given how regulations are slowly shaping bitcoin, this same degree of standardization may be well on its way to emerging. The upper tier of bitcoins will be made up of all the clean, carefully Know-Your-Customer’ed (KYC) stuff housed at approved exchanges and custodians. The second tier will be everyone else’s sub-standard, or “dirty,” bitcoins. I’m going to provide a rough sketch of the London gold market, then suggest how this applies to bitcoin. The London bullion market is the most energetic gold market in the world. No where else in the world is it possible to sell as much gold, as quickly, at such low fees. But not just any gold qualifies for entry to the London market. The London Bullion Market Association (LBMA) – an elite group of banks, refiners and transport companies – presides over the London “good delivery” rules. This isa set of standardsthat, if closely followed, grants a gold bar entry into the London system. Related:Bitcoin Recovers From $11.3K Despite Losses in European Stocks To qualify as London good delivery gold, the gold must be in bar form, not coin or dust or jewelry. Not just any bar qualifies. Each bar has to meet the LBMA’s specifications for size (250 x 70 x 30 mm), weight (400 ounces), and purity (at least 99.5% pure). The details and placement of the markings stamped on each bar are also prescribed by the LBMA. And only bars produced by refiners from the LBMA’saccredited listare allowed into the system. Good delivery gold can only be held in a handful of vaults located in and around London that are operated by LBMA members. There are currently8,452 tonsof London good delivery gold, worth around $464 billion. So 5% of all gold ever mined conforms to the LBMA’s standards. Movements of gold bars from one LBMA vault to another are recorded and tracked. This preserves the “chain of custody.” Should a London good delivery bar be withdrawn from an LBMA-approved vault (say someone wants to hold it under a mattress), it immediately falls out of the custody chain and loses its elite good delivery status. Bitcoin’s version of the LBMA would be made up of 10 or so approved exchanges and a few large non-exchange custodians. Once a bar falls out of the chain of custody, the only way to get it back into the London system is to bring it to an LBMA-approved refiner. It will be re-assayed for a fee before re-approval as good delivery gold. Bars produced by unapproved refiners can only make it into the London system if they are melted down and upgraded into an approved bar. The net effect is that any bars held outside of London aren’t worth as much as the ones inside – they lack the LBMA’s imprimatur. If it can’t be traded in London, it isn’t as liquid. And so it’s not as valuable. So how does this all pertain to bitcoin? Many of the mechanisms for an informal bitcoin version of the LBMA are already present: a core group of regulated exchanges; the emergence of companies that specialize in analyzing bitcoin flows; and an emerging class of speculators who care about getting accredited bitcoins. There are good reasons for building a carefully sterilized system. In the case of gold, the stuff can be easily faked. Bars with a core of tungsten and a gold shell are common. LBMA standards screen these bars out. Counterfeits, those barsmade of genuine goldbut falsely marked, are also warded away. So are poorly produced bars, say 98% pure. The combination of the LBMA’s rules and the chain of custody guarantees that the world’s biggest buyers, institutional investors such hedge funds, central banks, banks and exchange traded funds, are getting only the best gold. Bitcoin suffers from neither a purity problem nor a counterfeiting problem. The network of independent bitcoin validators ensures that every bitcoin is indeed a 100% real bitcoin. But it does have its own unique quirk. The entire blockchain is public, so the flow of bitcoins can be tracked. And trackability means some bitcoin addresses may not be as good as others – they may hold funds that were stolen from an exchange, or used to pay ransom, or have been mixed by an anonymizer. These aren’t the sorts of bitcoin addresses that a sophisticated investor wants to be associated with. Gold, like bitcoin, can also be dirty. Drug cartels, for instance, are notorious forbuying up gold minesin order to launder money. But the LBMA is working hard to cleanse the supply chain. An accredited refiner will only convert a customer’s gold into an approved gold bar if that customer passes a due diligence processset out inthe LBMA’s Responsible Gold Guidance. So refiners are obligated to have the same KYC procedures as a bank. The LBMA also requires refiners to screen out gold that has been used in human rights abuses or the financing of conflict. The LBMA market recently suffered through some uncertainty when The Perth Mint, a major refiner, wasaccusedof refining gold sourced from a convicted killer in Papua New Guinea. In theory, this meant that The Perth Mint’s gold bars could be kicked out of the London system. Which would mean they’d be worth less. But, after investigating, the LBMAannouncedthat it was compliant. Gold bar owners breathed a sigh of relief. And so, in theory, not only is a London gold bar 99.5% fine but it hasn’t been sourced from drug dealers or crooks. So-called “blood gold” is left to trade in informal, less liquid markets, where it is worth less. Bitcoin’s version of the LBMA would be made up of 10 or so approved exchanges and a few large non-exchange custodians. Bitcoins held in this system would easily pass from exchange to exchange, or exchange to custodian, much like how London gold can move from LBMA vault to LBMA vault. But once they were to be withdrawn from the system, say to someone’s personal address or to a non-accredited bitcoin exchange, the “chain of custody” would be broken. See also: Olga Feldmeier –Looking for a Safe Haven Digital Asset? Try Gold To get withdrawn bitcoins back into the walled “good bitcoin” garden, approved analyzers like Chainalysis or CipherTrace would have to check the transacional history for anything iffy, much like how today’s LBMA-approved refiners carry out due diligence. Anything that couldn’t be verified would be denied access to the system. These non-accredited bitcoins would circulate in a gray economy where they are worth much less. To avoid any risk of losing premium status, it would become increasingly uncommon for bitcoin users to withdraw bitcoins from any of the approved exchanges. Bitcoin purists would no doubt bristle at the encroachment of this centralized Bitcoin LBMA;not your keys, not your bitcoin. But the Bitcoin LBMA would attract most bitcoin liquidity. Institutional investors, say Grayscale orPaul Tudor Jones, will always prefer to buy bitcoins that are part of an approved chain of custody, just like they’ll always prefer to buy the LBMA’s good delivery gold. If bitcoin is going to become digital gold, it’s quite possible a bitcoin version of the LBMA will develop. So far a hierarchy hasn’t arrived. Or has it? • What Bitcoin Can Learn From Gold About Staying ‘Clean’ • What Bitcoin Can Learn From Gold About Staying ‘Clean’... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Intel Corporation(NASDAQ:INTC) shares jumped in the after-hours session Wednesday as the company\xa0said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock.\nWhat Happened\nUpon the completion of the agreements, the chipmaker will\xa0have purchased nearly $17.6 billion in shares as a part of its share buyback plan announced in October 2019, the company said in astatement.\nThe Santa Clara, California-based company said it would purchase 166 million shares under one such agreement, which is set to be completed by the end of this year.\n“While the macro-economic environment remains uncertain, Intel shares are currently trading well below our intrinsic valuation, and we believe these repurchases are prudent at this time,” said Intel CEO Bob Swan.\nThe company's shares have declined by almost 19% in the past month.\nWhy It Matters\nIntel recorded second-quarter earnings per share of $1.23, whichbeat the analyst consensusestimate of $1.10 by 11.82%. The chipmaker’s earnings rose 16.04% over the same period last year from $1.06 per share.\nIn July, BofA Securities analyst Vivek Arya downgraded Intel from Buy To Neutral and lowered the price target from $70 to $62.\nArya questioned the competitiveness of Intel’s manufacturing process after the crucial 7nm series of chips were delayed by a further six months.\nThe delay is being cited as a positive for rivalsAdvanced Micro Devices, Inc(NASDAQ:AMD) andNVIDIA Corporation(NASDAQ:NVDA) as they move ahead with their 7nm processes.\nIntel Price Action\nIntel shares traded nearly 3.6% higher at $50.06 in the after-hours session after the news of the buyback broke. The shares closed the regular session 0.66% lower at $48.33.\nSee more from Benzinga\n• Google Rolls Out Virtual Visiting Cards For Its Search Engine Users In India\n• Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed\n• Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Intel Corporation (NASDAQ: INTC ) shares jumped in the after-hours session Wednesday as the company\xa0said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock. What Happened Upon the completion of the agreements, the chipmaker will\xa0have purchased nearly $17.6 billion in shares as a part of its share buyback plan announced in October 2019, the company said in a statement . The Santa Clara, California-based company said it would purchase 166 million shares under one such agreement, which is set to be completed by the end of this year. “While the macro-economic environment remains uncertain, Intel shares are currently trading well below our intrinsic valuation, and we believe these repurchases are prudent at this time,” said Intel CEO Bob Swan. The company's shares have declined by almost 19% in the past month. Why It Matters Intel recorded second-quarter earnings per share of $1.23, which beat the analyst consensus estimate of $1.10 by 11.82%. The chipmaker’s earnings rose 16.04% over the same period last year from $1.06 per share. In July, BofA Securities analyst Vivek Arya downgraded Intel from Buy To Neutral and lowered the price target from $70 to $62. Arya questioned the competitiveness of Intel’s manufacturing process after the crucial 7nm series of chips were delayed by a further six months. The delay is being cited as a positive for rivals Advanced Micro Devices, Inc (NASDAQ: AMD ) and NVIDIA Corporation (NASDAQ: NVDA ) as they move ahead with their 7nm processes. Intel Price Action Intel shares traded nearly 3.6% higher at $50.06 in the after-hours session after the news of the buyback broke. The shares closed the regular session 0.66% lower at $48.33. See more from Benzinga Google Rolls Out Virtual Visiting Cards For Its Search Engine Users In India Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned.\nFTX.US founder and CEO Sam Bankman-Fried confirmed the news, telling The Block: "We\'re really excited for Sina to join — he brings a ton of experience, energy, and vision for the exchange, and in general for the U.S. crypto market."\n"We\'re looking forward to him massively scaling up FTX.US," said Bankman-Fried, adding that specific expansion plans will be announced "soon."\nFTX.US waslaunchedin May of this year and offers spot trading in six coins, including bitcoin (BTC) and ether (ETH). The exchange operates in almost all states, excluding New York and Washington. In comparison, Binance.US has over ten restricted states.\nNadersaidhe is "delighted" to join FTX.US and is "super excited about all we will do." At Robinhood, Nader spent just over eight months,as The Block reportedrecently. Previously, he held positions at Morgan Stanley and Credit Suisse and was a former director at private crypto investment firm CryptoLux Capital.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned. FTX.US founder and CEO Sam Bankman-Fried confirmed the news, telling The Block: "We\'re really excited for Sina to join — he brings a ton of experience, energy, and vision for the exchange, and in general for the U.S. crypto market." "We\'re looking forward to him massively scaling up FTX.US," said Bankman-Fried, adding that specific expansion plans will be announced "soon." FTX.US was launched in May of this year and offers spot trading in six coins, including bitcoin (BTC) and ether (ETH). The exchange operates in almost all states, excluding New York and Washington. In comparison, Binance.US has over ten restricted states. Nader said he is "delighted" to join FTX.US and is "super excited about all we will do." At Robinhood, Nader spent just over eight months, as The Block reported recently. Previously, he held positions at Morgan Stanley and Credit Suisse and was a former director at private crypto investment firm CryptoLux Capital. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look to layer 2 solutions . CoinGecko data shows OMG tokens have increased 115% from $1.70 to $3.65 in the past seven days \x96 with the price surging by 30% in the past 24 hours. The rally means OMG\x92s market cap has surged by approximately $275 million since this time last week. OMG\x92s price has increased by nearly 1,000% since it fell to its all-time low of $0.35 after the Black Thursday crash in March. Denis Vinokourov, research head at crypto exchange BeQuant, told CoinDesk OMG Network was benefitting from a \x93perfect storm\x94 of industry-wide developments. The craze around DeFi \x96 a subset that has exploded to well over $6 billion \x96 has seen a surge in activity on Ethereum, leading to soaring fees. There are also reports the testnet for Eth 2.0 \x96 a new iteration that would make the blockchain platform much more scalable \x96 crashed last week. As such, investors are beginning to look more closely at layer 2 solutions, he said. Ethereum\x92s average transaction fees rapidly shot up from under $0.10 in January to nearly $3.40 currently \x96 the first time fees have stayed so consistently high. Stablecoin Tether \x96 a notable "gas guzzler" \x96 said Wednesday it was launching on OMG Network so it could take some of the pressure off the base layer. See also: Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs Additional reporting by Omkar Godbole. Related: Bitcoin Has Lost Its Way: Here\x92s How to Return to Crypto\x92s Subversive Roots CORRECTION (Aug 20, 09:30 UTC): A previous version of this article referred to OMG Network by its old name, OmiseGo. This has since been corrected. Related Stories OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92 OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92 OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92', 'The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look tolayer 2 solutions.\n• CoinGecko datashows OMG tokens have increased 115% from $1.70 to $3.65 in the past seven days – with the price surging by 30% in the past 24 hours.\n• The rally means OMG’s market cap has surged by approximately $275 million since this time last week.\n• OMG’s price has increased by nearly 1,000% since it fell to its all-time low of $0.35 after the Black Thursday crash in March.\n• Denis Vinokourov, research head at crypto exchange BeQuant, told CoinDesk OMG Network was benefitting from a “perfect storm” of industry-wide developments.\n• The craze around DeFi – a subset that has exploded towell over $6 billion– has seen a surge in activity on Ethereum, leading to soaring fees.\n• There are also reports the testnet for Eth 2.0 – a new iteration that would make the blockchain platform much more scalable – crashed last week.\n• As such, investors are beginning to look more closely at layer 2 solutions, he said.\n• Ethereum’s average transaction fees rapidly shot up from under $0.10 in January to nearly $3.40 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $217,268,749,875 - Hash Rate: 123002054.25292504 - Transaction Count: 333683.0 - Unique Addresses: 705709.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Marathon Patent Group has signed a purchase agreement with Chinese mining manufacturer Bitmain to drastically increase output with 10,500 new Antminer S-19 rigs at a total cost of $23 million. • The Nasdaq-listed mining company announced Friday the new order will see itsbitcoinmining capacity quadruple from 3,020 units to over 13,520 rigs. • Only last month, Marathonagreed to purchasea total of 1,360 rigs – 660 S-19s as well as 700 rigs from rival manufacturer MicroBT. • The new rigs will be installed this weekend at the company’s facility in Quebec. • Having started expanding capacity in Q4 2019, the company says it expects the additional hashrate will make its mining facility a revenue-earning venture. • Bitmain plans to ship 1,000 previously purchased rigs to Marathon in October and November. • The deal means the Las Vegas-based Marathon will soon become one of the largest operators in the whole of North America, making up 1.2% of total hashrate on the Bitcoin network. • Marathon’s stock price was up over 12% to just under $4 at press time. See also:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange. “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday. Also Thursday, U.S. Securities and Exchange Commission (SEC) posted a notice of effectiveness , officially clearing the sale. As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token. After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latest filing with the SEC. The net proceeds would be used to: Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives. Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default. The instruments on offer are a hybrid of utility and security tokens. Investors could use them to pay trading fees on INX’s platform. The tokens would also entitle holders to a share of company profits. Related: Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin INX’s sale would mark a milestone for the blockchain industry. It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors. Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance. INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest. Story continues It’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.) INX first signaled its intent to go public with a draft registration statement submitted in January 2018. The company filed its F-1 prospectus (the SEC’s form for foreign issuers) almost exactly a year ago. To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens. TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors. Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to his LinkedIn profile . UPDATE (Aug. 21, 15:00 UTC): Added sentence about notice of effectiveness from SEC. Related Stories INX Crypto Exchange to Launch $117M IPO Next Week INX Crypto Exchange to Launch $117M IPO Next Week INX Crypto Exchange to Launch $117M IPO Next Week", "INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.\n• “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday.\n• Also Thursday, U.S. Securities and Exchange Commission (SEC) posted anotice of effectiveness, officially clearing the sale.\n• As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token.\n• After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latestfilingwith the SEC.\nThe net proceeds would be used to:\n• Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives.\n• Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default.\nThe instruments on offer are a hybrid of utility and security tokens.\n• Investors could use them to pay trading fees on INX’s platform.\n• The tokens would also entitle holders to a share of company profits.\nRelated:Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin\nINX’s sale would mark a milestone for the blockchain industry.\n• It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors.\n• Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance.\n• INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest.\nIt’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.)\n• INX first signaled its intent to go public with adraft registration statementsubmitted in January 2018.\n• The company filed its F-1 prospectus (the SEC’s form for foreign issuers)almost exactly a year ago.\n• To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens.\n• TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors.\n• Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to hisLinkedIn profile.\nUPDATE (Aug. 21, 15:00 UTC):Added sentence about notice of effectiveness from SEC.\n• INX Crypto Exchange to Launch $117M IPO Next Week\n• INX Crypto Exchange to Launch $117M IPO Next Week\n• INX Crypto Exchange to Launch $117M IPO Next Week", 'The NASDAQ Composite finished at a record high on Thursday, with the run in heavyweight tech stocks also carrying the S&P 500 and Dow higher. Investors shrugged off downbeat U.S. economic data that affirmed the Federal Reserve’s view of a difficult road to economic recovery.\nIn the cash market on Thursday,the benchmark S&P 500 Indexsettled at 3385.51, up 10.66 or +0.36%.The blue chip Dow Jones Industrial Averagefinished at 27739.73, up 46.85 or +0.19% andthe technology-based NASDAQ Compositeclosed at 11264.95.\nThe NASDAQ clocked its 19threcord closing high since early June, when it confirmed its recovery from the coronavirus sell-off. Thursday’s record close was its 35thso far this year compared with 31 record closing highs in 2019 and 29 in 2018.\nMeanwhile, the benchmark S&P 500 Index completed its fastest recovery from a bear market this week, joining the NASDAQ in scaling new peaks. It also confirmed a bull market for the S&P 500 Index.\nStocks were pressured early in the session by data that showedinitial jobless claimsrose unexpectedly back above the 1 million mark last week after slipping below that level for the first time since the start of the pandemic.\nThe volatility in jobless claims followed the lapse of an extra $600 weekly unemployment benefit at the end of July and came as Democrats in Congress have failed to reach an agreement with the White House on extending it.\nAccording to the minutes released on Wednesday, the Fed’s latest policy meeting gave a somber assessment of the U.S. economy as it grapples with the pandemic, but ruled out, for now, more dovish easing policy measures.\nSeparate data from the Philadelphia Fed showed a business conditions index fell more than expected in August.\nEconomically sensitive financial and energy sectors were some of the biggest percentage losers among the major S&P sectors.\nGains inApple Inc.– the only publicly listed U.S. company to cross the $2 trillion market value milestone –Amazon.com Inc.andMicrosoft Corp.underpinned the three main indexes’ gains as investors bet they would ride out the economic crisis.\nNvidia Corp.edged higher after posting better than expected quarterly sales forecast.\nIntel Corp.rose after announcing a $10 billion share buyback plan.\nL Brands Inc.advanced after reporting a surprise quarterly profit, boosted by strong demand for Bath & Body Works’ products as well as higher online sales of Victoria’s Secret lingerie.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• US Stocks Finish Higher as Tech Stock Gains Offset Weak Economic Data\n• Gold Price Futures (GC) Technical Analysis – Strong Over $1949.40; Trigger Point for Breakdown is $1928.90\n• Fed Can Control Yield Curve. But It Can’t Control Gold\n• Crude Oil Price Update – Key Support Remains $42.01; Trigger Point for Breakdown is $41.33\n• Bitcoin Struggling to Break 78.6% Fib in Triangle\n• EUR/USD Daily Forecast – Euro Tries To Continue Its Rebound', 'The NASDAQ Composite finished at a record high on Thursday, with the run in heavyweight tech stocks also carrying the S&P 500 and Dow higher. Investors shrugged off downbeat U.S. economic data that affirmed the Federal Reserve’s view of a difficult road to economic recovery. In the cash market on Thursday, the benchmark S&P 500 Index settled at 3385.51, up 10.66 or +0.36%. The blue chip Dow Jones Industrial Average finished at 277 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $217,268,749,875 - Hash Rate: 130584372.6657766 - Transaction Count: 314297.0 - Unique Addresses: 675988.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Casa, a Colorado-based provider of bitcoin security services, is launching a managed service allowing customers to buy and hold their own bitcoin, rather than using an external custodian like Coinbase. "With self-custody usingCasait's impossible to be hacked and nearly impossible to have your bitcoin stolen," wrote chief executive Nick Neuman in an email. "Leaving bitcoin on an exchange (e.g.Coinbaseor many others) opens it up to theft; there is a long history of bitcoin theft and hacks from exchanges." Just last year, the major cryptocurrency exchange Binance was hacked and thievesmade off with bitcointhat was worth $40 million at the time. Binance says more than $40 million in bitcoin stolen in ‘large scale’ hack Before the upgrade with the new product offering, bitcoin traders had to buy their bitcoin at an exchange and then move their bitcoin off the exchange to increase security. They can now be secure by default using Casa, according to Neuman. Bitcoin can now be purchased through Casa and deposited directly into a user's wallet on the service where they control the funds. Casa never has custody of the user's bitcoin at any point in the process, which the company said eliminates the risk of using an exchange. “With the dollardeclining in valueand a new era of potential inflation on the horizon, consumers are naturally looking for a safe asset class that’s outside the turbulence of the existing financial system,” said Neuman in a statement. “Traditionally, if investors wanted the security and control of Bitcoin self-custody, they had to jump through multiple hoops to register with an exchange, deposit funds for trading, and then move bitcoin to their wallet. As new users begin their Bitcoin journey, they have a much simpler and faster option for buying and securing their first bitcoin with Casa.”... - Reddit Posts (Sample): [['u/Federer107', 'I’m that Annoying guy who talks about Bitcoin and the Economy too much.', 14, '2020-08-21 00:12', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/', 'How does one stop?', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/', 'idk4aa', [['u/Mark_Bear', 12, '2020-08-21 00:44', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/g29lodf/', 'Most people have been very carefully brainwashed at great expense to believe that if the right President gets elected, all our problems will be solved. Few things are further from the truth.\n\nThe brainwashing also gets them to believe:\n\n* Once they get that new thing, they\'ll finally be happy\n* They should take out a loan to get that new thing\n* If they\'re not financially successful, it\'s their own fault because "the economy" is fine\n\nThe reality is:\n\n* You won\'t be happy with what you want until you start wanting what you have\n* Debt is a trap, a burden, and should be avoided as much as possible\n* The economy is NOT fine, it\'s quite fucked up and getting worse and criminal bankers are to blame\n\nThen people like us come along, singing a completely different tune.', 'idk4aa']]], ['u/ThePerito', 'Cultural Exchange between /r/Lebanon and /r/berlin', 53, '2020-08-21 19:00', 'https://www.reddit.com/r/lebanon/comments/ickeno/cultural_exchange_between_rlebanon_and_rberlin/', 'Welcome to the Cultural Exchange between [/r/Lebanon](https://www.reddit.com/r/Lebanon) and [/r/berlin](https://www.reddit.com/r/berlin/)/\n\nCourtesy of our friends over at [/r/berlin](https://www.reddit.com/r/berlin/)/ we are pleased to host our end of the cultural exchange between the two subreddits.\n\nThe purpose of this event is to allow people from two different regions to get and share knowledge about their respective cultures, daily life, history and curiosities.\n\n# General guidelines\n\n&#x200B;\n\n* Lebanese ask your questions about Berlin on their subreddit here: https://www.reddit.com/r/berlin/comments/ie0lyk/cultural_exchange_between_rberlin_and_rlebanon/\n* German friends will ask their questions about Lebanon on this thread itself.\n* English is generally recommended to be used to be used in both threads.\n* Event will be moderated, following the guidelines of Reddiquette and respective subreddit rules.\n\n# Quick introduction about Lebanon\n\n>Quick explanation of what is happening in Lebanon (Before the explosion): [https://imgur.com/a/Ixo3v8S](https://imgur.com/a/Ixo3v8S) \n> \n>Introduction \n> \n>Lebanon is a tiny country in the middle east. It\'s bordered by Syria from the north and east, Israel from the south, and the Mediterranean Sea from the west. Syria has been in a deadly civil war since 2012. Lebanon and Israel are officially "at war" since the inception of Israel, though currently there isn\'t any war going on, and the last real war between the two countries happened in 2006 and lasted only 30 days. \n> \n>Lebanon went into a long and deadly civil war in the 70s and 80s. It only ended when the war lords sat together and decided that instead of attempting to kill each other, why not become rulers and split the gains. Thus from the early 90s until today Lebanon has been ruled by the same warlords that fought in the civil war. The speaker of the parliament never changed, not even once, and the rest of MPs and politicians just switched ministries and places every few years to present the image of democracy. \n> \n>Lebanon also has Hizbollah, an organization that is labeled as a terrorist organization by many countries. Hizbollah has more powerful intillegence and military than the Lebanese government itself. The organization has unobstructed powers, for example, it started the 2006 war with Israel without the acceptance of the official Lebanese government. \n> \n>Lebanese politicians save their billions and billions of dollars in savings in banks across Europe, mainly Switzerland. \n> \n>Lebanon doesn\'t have oil, nor a serious construction sector. Lebanon relies on the service sector and tourism to survive, both of which are almost nonexistent at this point. Lebanon has a huge crippling debt. Lebanon\'s capital, Beirut, was voted the most expensive city to live in in the middle east two years ago. Lebanon\'s passport is one of the worst passports in the world and doesn\'t allow you to visit any notable country without a visa. \n> \n>October 2019 - Political, COVID-19 and Economical Problems\n> \n>In October 2019, the government approved a law that would increase taxes, and tax the usage of Whatsapp. The Lebanese population attempted a peaceful revolution, the country effectively closed down from October until December. The revolution was successful in forcing the government to resign, but wasn\'t able to make the president, MPs or speaker of the parliament resign. \n> \n>Things went to shit after that, unofficial capital control started in October. The bank declared that people can\'t withdraw money from their savings or current accounts. People weren\'t allowed to transfer money outside Lebanon or use any credit or debit card internationally. The government started considering a haircut. The currency started to lose value rapidly. \n> \n>The official rate is currently 1$ = 1,515 LBP while the black market rate is 1$ = 8,500 LBP \n> \n>The money stuck in the bank is useless, almost frozen because it can\'t be withdrawn without losing \\~65% of it\'s value and even then, in small quantities. \n> \n>Add to that COVID-19 is ripping the country. We\'re having exponential growth in the number of cases right now. \n> \n>The Explosion\n> \n>On August 4, 2020 multiple explosions occurred in Beirut Port that destroyed half the city, killed hundreds, with an additional large number of people missing, injured hundreds of thousands of people and made 300,000 people homeless. 80000 children displaced. The explosion was so big that it was heard and felt in Cyprus and Syria. There were reports of damages to properties from the explosions all over Lebanon, not just in Beirut. \n> \n>The explosion destroyed half of the city including busy hospitals, which ended up causing people to have to deliver or have critical operations using the flash light from the doctors\' cellphones. \n> \n>The explosion killed several foreign nationals including French, German, Canadian, American, and Australian citizens. \n> \n>This post is made to raise awareness about what happened in Lebanon by sharing the videos of the incident. Please note that those videos are graphic as they show the moment the explosion happened. \n> \n>Donation Help\n> \n>Any kind of monetary donation will go a LONG way during these times. \n> \n>You can donate using your credit card, paypal account, bank transfer or bitcoin donation. \n> \n>You can find a list of verified and safe NGOs to donate to here: [https://www.reddit.com/r/lebanon/comments/iaaksr/list\\_of\\_lebanese\\_ngos\\_that\\_are\\_verified\\_and\\_safe/](https://www.reddit.com/r/lebanon/comments/iaaksr/list_of_lebanese_ngos_that_are_verified_and_safe/) \n> \n>You can check out some of the videos here:\n> \n>* [https://www.youtube.com/watch?v=hQfJXrcTxRM](https://www.youtube.com/watch?v=hQfJXrcTxRM) \n> \n>* Angle #1 [https://streamable.com/xmmoa7](https://streamable.com/xmmoa7) \n> \n>* Angle #2 [https://streamable.com/nscx9m](https://streamable.com/nscx9m) \n> \n>* Angle #3 [https://streamable.com/zbjj5f](https://streamable.com/zbjj5f) \n> \n>* Angle #4 [https://streamable.com/saoafz](https://streamable.com/saoafz) \n> \n>* Angle #5 [https://streamable.com/4ga1vb](https://streamable.com/4ga1vb) \n> \n>* Angle #6 [https://streamable.com/lmivb2](https://streamable.com/lmivb2) \n> \n>* Angle #7 [https://streamable.com/mcy82f](https://streamable.com/mcy82f) \n> \n>* Angle #8 [https://streamable.com/zg9oal](https://streamable.com/zg9oal) \n> \n>* Angle #9 [https://streamable.com/zykkj6](https://streamable.com/zykkj6) \n> \n>* Angle #10 [https://streamable.com/22e152](https://streamable.com/22e152) \n> \n>* [https://twitter.com/HZLABZ/status/1290728687311233024](https://twitter.com/HZLABZ/status/1290728687311233024) \n> \n>* [https://www.instagram.com/tv/CDqBvxBhPzO/?igshid=nnq6omqpye0](https://www.instagram.com/tv/CDqBvxBhPzO/?igshid=nnq6omqpye0) \n> \n>* [https://www.youtube.com/watch?v=mLgzyUB58tI&feature=youtu.be](https://www.youtube.com/watch?v=mLgzyUB58tI&feature=youtu.be) \n> \n>* [https://www.youtube.com/watch?v=4hmj6BegDUU](https://www.youtube.com/watch?v=4hmj6BegDUU) \n> \n>* [https://www.youtube.com/watch?v=DdSHRbSZkwc](https://www.youtube.com/watch?v=DdSHRbSZkwc) \n> \n>* [https://www.youtube.com/watch?v=PUQ-QvCqDjA](https://www.youtube.com/watch?v=PUQ-QvCqDjA) \n> \n>* [https://www.youtube.com/watch?v=Ea04DriyYb4](https://www.youtube.com/watch?v=Ea04DriyYb4) \n> \n>* [https://twitter.com/Hasi10209552/status/1291280651920998400?s=09](https://twitter.com/Hasi10209552/status/1291280651920998400?s=09) \n> \n>* [https://www.youtube.com/watch?v=j1iwI2ZwENg](https://www.youtube.com/watch?v=j1iwI2ZwENg) \n> \n>* [https://www.youtube.com/watch?v=tFR1PJnLwg0&feature=youtu.be](https://www.youtube.com/watch?v=tFR1PJnLwg0&feature=youtu.be) \n> \n>* [https://www.youtube.com/watch?v=xgj7AcIZ4c8](https://www.youtube.com/watch?v=xgj7AcIZ4c8) \n> \n>* [https://www.youtube.com/watch?v=-WRyrF7v8Co&feature=youtu.be](https://www.youtube.com/watch?v=-WRyrF7v8Co&feature=youtu.be) \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: ['Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Related: Bitcoin News Roundup for Aug. 24, 2020 See also: S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery Today on The Breakdown’s Weekly Recap: People aren’t buying “the Great American Recovery” Let’s stop considering the economy as one thing Dave Portnoy doesn’t care about your principles DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on Bitcoin is being compared to the dollar not stocks and that’s serious progress This week on The Breakdown: Monday \| What’s Actually Happening With Inflation Right Now Tuesday \| How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann Wednesday \| S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery Related: Why Are Traditional Investors So Hungry for Yield Curve Control? Thursday \| The Most Pro-Bitcoin Politicians in the US Friday \| Winter Is Coming: Examining the Economy’s Eight-Body Problem For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories People Aren’t Buying the ‘Great American Recovery’ Narrative People Aren’t Buying the ‘Great American Recovery’ Narrative', 'Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:Bitcoin News Roundup for Aug. 24, 2020\nSee also:S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery\n• People aren’t buying “the Great American Recovery”\n• Let’s stop considering the economy as one thing\n• Dave Portnoy doesn’t care about your principles\n• DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on\n• Bitcoinis being compared to the dollar not stocks and that’s serious progress\nMonday \|What’s Actually Happening With Inflation Right Now\nTuesday \|How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann\nWednesday \|S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery\nRelated:Why Are Traditional Investors So Hungry for Yield Curve Control?\nThursday \|The Most Pro-Bitcoin Politicians in the US\nFriday \|Winter Is Coming: Examining the Economy’s Eight-Body Problem\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• People Aren’t Buying the ‘Great American Recovery’ Narrative\n• People Aren’t Buying the ‘Great American Recovery’ Narrative', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative.\nHer comments were included in The Block\'s newwide-ranging reporton central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today.\nNarula was quoted as saying:\n"We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation."\n"Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued.\nNarula also highlighted the work being done across the crypto landscape in this context.\n"The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted.\nRead The Block\'s new report,A Global Look at Central Bank Digital Currencies, by clickinghere.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative. Her comments were included in The Block\'s new wide-ranging report on central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today. Narula was quoted as saying: "We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation." "Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued. Narula also highlighted the work being done across the crypto landscape in this context. "The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted. Read The Block\'s new report, A Global Look at Central Bank Digital Currencies , by clicking here . © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative.\nHer comments were included in The Block\'s newwide-ranging reporton central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today.\nNarula was quoted as saying:\n"We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation."\n"Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued.\nNarula also highlighted the work being done across the crypto landscape in this context.\n"The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted.\nRead The Block\'s new report,A Global Look at Central Bank Digital Currencies, by clickinghere.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.']... Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,950,070,412 - Hash Rate: 114577256.01642336 - Transaction Count: 311699.0 - Unique Addresses: 649053.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Toronto, Ontario--(Newsfile Corp. - July 2, 2020) - Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTC Pink: BTCWD), ("Bluesky" or the "Corporation") announced today that Ms. Evelin Wong has resigned as the Corporation's CFO with immediate effect. The Corporation has appointed Mr. Frank Kordy as CFO on an Interim basis. Mr. Kordy previously served as the Corporation's CFO from December 2013 to December 2015. Mr. Kordy has served in the capacity of CFO for several CSE and TSXV listed entities. Mr. Frank Kordy Director stated: "I would like to thank Ms. Wong for her efforts and support in serving in the capacity of both Controller and then as CFO over the course of the last four years and I wish her nothing but success in all of her future endeavours." About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information please visit www.blueskydigitalassets.com . For further information please contact: Mr. Steve Low Investor Relations Boom Capital Markets . T: (647) 620-5101 E: [email protected] Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp T: (416) 363-3833 E: [email protected] Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Story continues Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59070... - Reddit Posts (Sample): [['u/ridenourt', 'Time to buy in', 58, '2020-08-22 02:44', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/', "Lets start off by saying I have called a lot of the dips back in 2016-2020 just check my posts on here and bitcointalk. I know this might dip, and hell we might even see 10,500-11K again. There is just too many forces at work for this not to go a lot higher though.\n\n\\#1 is you have Greyscale and other companies picking up huge amounts of bitcoin almost double even what the miners are able to produce per block. Simply put the supply is dwindling and the upward pressure will be too strong at some point. The miners tend to sell some of their rewards, but they are not selling all. \n\n\\#2 The dollar is in a really bad situation here. If people are noticing the main correlation of where bitcoin price goes it lies in the strength/weakness of the dollar. With 28 trillion in debt I am not sure how we make it out of this hole. I don't think you will see it completely collapse, however the printing presses are really going full tilt which inflation is under control right now, but for how long ? One of the major currencies Dollar, Yen, Euro, or Yuan will come close to collapsing in the next few years. Fiat can only go for so long before it needs a hard re-set. \n\n\\#3 Mining rewards were halved. I know this was months ago, but not having double the bitcoin being dumped is a huge advantage. The bitcoin is in strong hands / hodlers.\n\n\\#3 the Defi game has changed the landscape. More and more people are going to jump on the Defi bandwagon and get their bitcoins wrapped or use Blockfi, Aave ect. In the short term these can be used to short bitcoin, but it's already creating a wave of buying so people can get the yield. This has more advantages on upward price movements as it will control the tempo. On the other side of this however is in a year or two one of these will blow up taking everyone's btc with them so be careful.\n\n\\#4 On August 1st we had a sell off where they pushed the bid down from 12k to 10,500 in 15 minutes on massive sell orders and some stop loss selling. Each tumble like that is getting more and more expensive. These pushes are to scoop up the derivatives they buy before the major sell offs . This has been a ongoing trend in bitcoin from even the early years (not the derivatives side). As time goes on and there are less and less coins these are getting way more expensive to manipulate it on the short side. That's why they did the dump in such a short time frame, because the longer the dump is going to cost even more money. \n\nOverall I can really see this taking off again soon after the consolidation. I also believe we take out the ATH here in a few months.", 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/', 'ie90c1', [['u/Mark_Bear', 14, '2020-08-22 03:22', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/g2dznnv/', 'I hear what you\'re saying. \n\nPoints 3, 3, and 4: agreement. \n\nPoint1. Good point. For me, it\'s a maybe. Maybe Grayscale is buying actual Bitcoin, maybe not. Maybe we\'re seeing something like \'rehypothecation\' where the custodian has 1 BTC and they tell 2, 3, or 37 different people that it belongs to them. Maybe not. I\'ve been around to know better than to trust these kinds of people. \n\nPoint2: Yes. Eventually. We might have deflation first, then hyperinflation. Maybe not. But hyperinflation, sooner or later. \n\n&#x200B;\n\nYou\'re screaming, "DEflation!!" I can hear it from here. How? Good question. Think about the fiat currency global banking system. QE "money printing" aside, money was created when loans were taken out -- fractional reserve lending. Therefore, (fiat, fractional-reserve) money is destroyed (goes back into thin air) when loans are payed off, or go bad. We\'re seeing a lot of bad loans, and we\'re about to see even more: Mortgages for homes and for rental properties. Business loans. Bonds. Government loans at all levels. Student debt. Auto loans. Credit card debt. Second mortgages. Boat loans. Furniture. Stocks bought on margin. Etc. \n\nAs much of that debt goes bad, it creates deflation pressure. \n\n&#x200B;\n\nLook at 1929, for example. There was deflation. In the current global banking system, deflation is like trying to ride a motorcycle downhill and backwards. Eventually you crash. \n\n&#x200B;\n\nEventually, hyperinflation. For now, much of the money "printed" by the Federal Reserve is going to cronies and bankers and people who are already ultra-rich. The "theory" used to tell us that it "trickles down" to the common man, but that has been shown to be total bullshit. So, most of that newly created money is not helping people to make loan payments. \n\nBasically, the central bankers and their cronies are "stealing everything worth owning". That\'s also a reason to own Bitcoin starting now... The Fed can\'t "print" Bitcoins and the government cannot confiscate them (if they\'re stored properly). \n\n&#x200B;\n\nAnyhow, I need to go buy the dip now.', 'ie90c1'], ['u/jcoinner', 12, '2020-08-22 03:35', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/g2e11o3/', 'Only a super heavy duty blender can do that.', 'ie90c1']]], ['u/SpockSays', 'Does the lightning network have "equal" qualities to the base layer of the bitcoin protocol?', 29, '2020-08-22 04:38', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/', 'For example, the bitcoin protocol when operating on the base layer has these qualities: Finality, uncensorable, unseizable, unfreezable, permissionless, borderless.\n\nThese qualities are what make bitcoin, bitcoin.\n\nDoes using lightning network encompass all of these same qualities?\n\nIf not, what are the trade offs?\n\nIs there a good reading, video, or podcast that covers this specific question with more depth?', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/', 'ieaoga', [['u/andreasma', 19, '2020-08-22 05:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/g2eh26j/', 'Yes, equal and in some of those qualities Lightning is actually better. \n\nFaster finality, better privacy, less censorable.', 'ieaoga']]], ['u/AutoModerator', '[Daily Discussion] Saturday, August 22, 2020', 50, '2020-08-22 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/', 'iebvi7', [['u/my_alt_account', 15, '2020-08-22 07:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2eyyz3/', "I'm buying this dip.", 'iebvi7'], ['u/freq-ee', 24, '2020-08-22 07:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2f2852/', 'I think people lose perspective. BTC is down a few hundred dollars and you have people saying a crash is coming. BTC swings a thousand dollars or more at a time. \n\nPeople were so ready for $15K that when it drops $300 they think the world is ending.\n\nUnless your leveraged, there is really no reason to even worry at this level. Even if you bought at $12.4K you just have to wait a month or two at the most. It will at least touch that level again.', 'iebvi7'], ['u/CrypticallyDodge', 16, '2020-08-22 08:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2fbdgd/', 'Considering what? Seems like an overly bearish call to me at this point', 'iebvi7'], ['u/unvocal_username', 11, '2020-08-22 09:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2fi8kp/', 'Considering he has a position I guess', 'iebvi7'], ['u/aaj094', 19, '2020-08-22 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2g1eh0/', '[https://stephanlivera.com/episode/203/](https://stephanlivera.com/episode/203/)\n\nRaoul Pal - Bitcoin and Macro collide.', 'iebvi7'], ['u/chougattai', 12, '2020-08-22 14:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2gh58b/', 'So buy the dip is only a valid strategy if you time the absolute bottom of a trend? Lol.', 'iebvi7'], ['u/thearmthearm', 15, '2020-08-22 15:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2goskl/', 'Are there any Blockfi users here? I\'m comfortable with the risk but get flashes of top voted "Not your keys..." comments on the other subreddit lol. Anyone ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.24% on Saturday. Partially reversing a 2.81% loss from Friday, Bitcoin ended the day at $11,673.5.\nIt was a bearish start to the day. Bitcoin slid to an early morning intraday low $11,369.5 before finding support.\nThe reversal saw Bitcoin fall through the first major support level at $11,379.67 before rising to a late intraday high $11,692.0.\nFalling short of the first major resistance level at $11,783.67, Bitcoin wrapped up the day at sub-$11,700 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day for the majors on Saturday.\nEOS (+3.48%), Tezos (+5.69%), and Tron’s TRX (+3.61%) led the way.\nBitcoin Cash ABC (+2.30%), Litecoin (+2.08%), Monero’s XMR (+2.55%), Ripple’s XRP (+2.50%), and Stellar’s Lumen (+2.65%) also found strong support.\nBinance Coin (+0.59%), Bitcoin Cash SV (+0.36%), Cardano’s ADA (+1.68%), and Ethereum (+1.96%) trailed the front runners.\nIn the current week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.56bn. At the time of writing, the total market cap stood at $351.70bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.27%.\nAt the time of writing, Bitcoin was down by 0.08% to $11,664.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,694.5 before falling to a low $11,660.5.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash ABC (+0.06%), Bitcoin Cash SV (+0.33%), and Cardano’s ADA (+0.07% found early support.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.51% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $11,578 to support a run at the first major resistance level at $11,787.\nSupport from the broader market would be needed, however, for Bitcoin to break out Saturday’s high $11,692.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,901 and resistance at $12,000.\nFailure to avoid a fall through the $11,578 pivot level would bring the first major support level at $11,465 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid the second major support level at $11,256.\nIn the event of an extended sell-off, Bitcoin could test support at $11,000 before any recovery.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Stall Ahead of Major Level\n• S&P 500 Price Forecast – Stock Markets Continue to Tread Water\n• The Crypto Daily – Movers and Shakers – August 22nd, 2020\n• USD/CAD Daily Forecast – Stuck Near 1.3200\n• U.S Mortgage Rates Rise Again but Remain at sub-3% Supporting Home Buyers\n• Gold Price Prediction – Prices Slip Falling 0.3% for the Week as the Dollar Turns Higher', 'Bitcoin, BTC to USD, rose by 1.24% on Saturday. Partially reversing a 2.81% loss from Friday, Bitcoin ended the day at $11,673.5. It was a bearish start to the day. Bitcoin slid to an early morning intraday low $11,369.5 before finding support. The reversal saw Bitcoin fall through the first major support level at $11,379.67 before rising to a late intraday high $11,692.0. Falling short of the first major resistance level at $11,783.67, Bitcoin wrapped up the day at sub-$11,700 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Saturday. EOS (+3.48%), Tezos (+5.69%), and Tron’s TRX (+3.61%) led the way. Bitcoin Cash ABC (+2.30%), Litecoin (+2.08%), Monero’s XMR (+2.55%), Ripple’s XRP (+2.50%), and Stellar’s Lumen (+2.65%) also found strong support. Binance Coin (+0.59%), Bitcoin Cash SV (+0.36%), Cardano’s ADA (+1.68%), and Ethereum (+1.96%) trailed the front runners. In the current week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.56bn. At the time of writing, the total market cap stood at $351.70bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.27%. This Morning At the time of writing, Bitcoin was down by 0.08% to $11,664.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,694.5 before falling to a low $11,660.5. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.06%), Bitcoin Cash SV (+0.33%), and Cardano’s ADA (+0.07% found early support. It was bearish for the rest of the majors, however. Story continues At the time of writing, Tron’s TRX was down by 1.51% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,578 to support a run at the first major resistance level at $11,787. Support from the broader market would be needed, however, for Bitcoin to break out Saturday’s high $11,692.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,901 and resistance at $12,000. Failure to avoid a fall through the $11,578 pivot level would bring the first major support level at $11,465 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid the second major support level at $11,256. In the event of an extended sell-off, Bitcoin could test support at $11,000 before any recovery. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Markets Stall Ahead of Major Level S&P 500 Price Forecast – Stock Markets Continue to Tread Water The Crypto Daily – Movers and Shakers – August 22nd, 2020 USD/CAD Daily Forecast – Stuck Near 1.3200 U.S Mortgage Rates Rise Again but Remain at sub-3% Supporting Home Buyers Gold Price Prediction – Prices Slip Falling 0.3% for the Week as the Dollar Turns Higher', 'SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 /PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it\'s novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty.\nOn August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards.\nIn less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September\'s mainnet launch.\nDesigned for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining.\nThe product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN.\nInspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain.\nAbout PlotX\nPlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w.\nThe PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas.\nFounded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor.\nFor more information seehttps://www.plotx.io/\nMedia Contact:\nDan [email protected]+972-545-464-238SOURCE: PlotX\nView source version on accesswire.com:https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets', 'SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 / PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,950,070,412 - Hash Rate: 132269332.31307696 - Transaction Count: 288728.0 - Unique Addresses: 569381.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Shoppers at Walmart stores can now earn the cryptocurrency equivalent of cashback when they spend in-store. StormX , a blockchain-based loyalty rewards platform, has enabled a ‘cryptoback’ option of 4% on Walmart purchases, and up to 14% for super-users of the rewards app. The mobile and web app developed by the Seoul-headquartered StormX also supports purchases from major brands including Samsung, Target, Microsoft (NASDAQ: MSFT ), and Uber (NASDAQ: UBER ). Walmart (NYSE: WMT ) is the largest retail chain StormX has added to date, and is the only cryptoback rewards service currently supported by the US multinational retail corporation. “Walmart is synonymous with choice and value, and we are thrilled to further incentivize users to shop there,” said StormX CEO Simon Yu. “As the only crypto cashback program for Walmart worldwide, we are confident that users will take advantage of the rewards program to earn their favorite cryptocurrency while shopping at their favorite retailer.” Loyalty Apps Make It Easier to Claim Crypto Loyalty rewards platforms such as StormX have emerged as a popular means of onboarding people to the cryptocurrency economy. Until relatively recently, retail users were obliged to go through exchanges or brokerages to acquire digital assets, which entails friction. Crypto-based rewards programs provide the means for shoppers to passively earn crypto without changing their behavior. In addition to claiming cryptoback for shopping in-store and online, StormX users can earn crypto for completing tasks, making the app an all-in-one earning portal. Available on iOS, Android, and as a Chrome browser extension, StormX includes a non-custodial wallet for storing assets like BTC, ETH, LTC, and the native STMX token. Defi Mania Fuels Crypto Craving The cryptocurrency market is currently undergoing a resurgence, fueled by demand for decentralized finance (defi) and led by digital assets such as BTC, ETH, and LINK. The latter is up over 100% in the past month, and was boosted on August 13 by stock trader Dave Portnoy buying $50K of LINK on Gemini after being shown the ropes by the exchange’s owners, the Winklevoss twins. Portnoy shared his experience with his 1.7 million Twitter followers, and BTC and ETH both rallied strongly shortly afterward. Story continues In addition to onboarding newcomers to crypto, platforms such as StormX complete the circle by providing an off-ramp for holders of crypto assets, allowing tokens to be stored in its integrated wallet and then spent. Other companies bridging the gap between fiat and crypto worlds include payment gateways such as Simplex and Metal Pay by making it easier to switch between digital assets and fiat currency instantly and at low cost. StormX’s integration with Walmart will further blur the lines between traditional and digital finance, while helping to place crypto in the hands of consumers via smartphone devices. Disclosure: None.... - Reddit Posts (Sample): [['u/A_solo_tripper', '[MegaThread] US IRS Cryptocurrency Letter Of 2020', 28, '2020-08-23 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/', "I just received a letter in the mail from the IRS stating that they are aware that I have crypto, and did not claim it yet. I'm sure others have received the same letter. So, if you want to post information here, you can. I thought that it would be better if we can choose the route in which to proceed all in one place. I am not suggesting that you do anything here. We can just share information, and thoughts.\n\nMy questions are what should be reported? Buying AND Selling? Report how much you bought them at? And Sold them AT? What If I didn't sell them? What if I misplaced them? Lost them? Sold them to a friend?\n\nWhat are our rights? \n\nSOrry if this is a repost. \n\n-------------------------------------\n\nArticle about how the IRS shouldn't be doing this:\n\nhttps://www.coindesk.com/irs-crypto-letter\n\nRead on how to buy bitcoin without kyc:\n\nhttps://keybase.pub/heady_wook/Wook_H_2020_How_to_buy_non_KYC_Bitcoin_with_a_US_Postal_Money_Order.pdf👇", 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/', 'ies3la', [['u/Antonshka', 12, '2020-08-23 01:04', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2j1x6m/', 'Post the letter, I don’t know what you are talking about', 'ies3la'], ['u/Alh12984', 10, '2020-08-23 02:18', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2j9l7r/', 'My thoughts exactly. We get taxed on the money we earn, them buy stuff with that taxed money, only to be taxed a few more times.', 'ies3la'], ['u/_rofl-copter_', 13, '2020-08-23 02:23', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2ja47f/', 'No, you are supposed to report the antique sale as a capital gain, people just tend not to. If for example though you bought and resold antiques frequently (another common example might be comic books), the difference in your bought/sold prices are taxable and if the IRS knew about it and it was significant they would come after you.\n\n[https://www.investopedia.com/articles/personal-finance/061715/how-are-collectibles-taxed.asp](https://www.investopedia.com/articles/personal-finance/061715/how-are-collectibles-taxed.asp)', 'ies3la']]], ['u/atrueretard', 'What are your thoughts on the Coinbase IPO - the Bitcoin exchange.', 48, '2020-08-23 02:43', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/', 'Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin\'s held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.\n\n&#x200B;\n\nThe IPO is upcoming and expected to valued at $8 billion . So what are your thoughts? Is this like investing in TD Ameritade in the early days of the stock market?\n\n&#x200B;\n\n&#x200B;\n\n2017 Revenues = $1 billion\n\n2019 Revenues = $2 billion\n\nNumber of Employees 1,123', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/', 'ietz9v', [['u/Savik519', 17, '2020-08-23 02:57', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jdp7m/', '>Is this like investing in TD Ameritade in the early days of the stock market?\n\n100% yes. \n\nWill they actually have an IPO? Last I read they were looking to direct listing instead.', 'ietz9v'], ['u/ja900', 17, '2020-08-23 03:06', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jeodt/', "I'd rather own Square - the cash app has crypto trading.", 'ietz9v'], ['u/SupremelyRetardead', 13, '2020-08-23 05:19', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jrq6s/', 'Personally, I dislike coin base. Their transfer time on usable funds is infuriating and unnecessarily long considering most trading apps are 2-3 days or offer instant buying power. They do however offer the most altcoins in the most straight forward way. Everything else I’ve read regarding their growth potential is exciting. So while I prefer to invest in crypto on Gemini I’ll likely buy shares once coinbase ipos', 'ietz9v'], ['u/drumboy256', 27, '2020-08-23 06:56', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jzqed/', 'Fuck Brian Armstrong and his shitty views on selling out their entire user base to the United States government. That said, I will buy their stock .', 'ietz9v']]], ['u/fatalglory', "Tortuga: The lightweight, non-custodial, self-hosted payment gateway you've been waiting for!", 54, '2020-08-23 02:57', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/', 'I\'m very pleased to announce the availability of my payment-gateway project: *Tortuga.\n\nTortuga lets you sell a digital file for cryptocurrency. All you need to be able to do is run a docker container (I run mine on a little VPS from digital ocean).\n\nBenefits:\n\n Totally non-custodial. Funds go directly to you.\n* Uses an xpub key, so every transaction goes to a new address (essential for privacy).\n* No need to share any personal information with anyone (in contrast to hosted solutions like BitPay or CoinGate).\n* No need to run your own full node in order to sell stuff (in contrast to BTCPayServer). Uses [rest.bitcoin.com](https://rest.bitcoin.com) and [blockchain.info](https://blockchain.info) to verify transactions.\n* A checkout link is just a url that looks like [https://yourwebsite/checkout/bitcoin-cash/your-product-code](https://yourwebsite/checkout/bitcoin-cash/your-product-code) . Include it as a link on any website. No need to run any specific CMS or eCommerce platform (e.g. wordpress/woocommerce).\n* Each buyer gets a unique download URL, which will work for a fixed number of downloads of the file.\n\nCurrent Limitations:\n\n* For now, Tortuga only supports selling digital files. There\'s no support for handling other types of products or services.\n* For now, orders are limited to a single product/file/download. Largely because that\'s all I needed for myself at the moment.\n\nSupported cryptocurrencies:\n\n* Bitcoin Cash (BCH) is supported natively.\n* Nano (NANO/XRB) is supported via BrainBlocks.\n* Monero (XMR) is in the works and coming soon.\n* Possibly BTC and DASH in the future.\n\nYou can read more about it at [https://github.com/unyieldinggrace/tortuga](https://github.com/unyieldinggrace/tortuga)\n\nThe deployment instructions on the github page should be sufficient for technical users. I\'ll try to make time to write a step-by-step setup tutorial on [read.cash](https://read.cash) at some stage (or if someone else wants to do it, that might be a good way to score tips!).\n\nMotivation:\n\nI made this payment gateway for idealistic reasons. I wrote a book called Taxation is Slavery: The Biblical Case for Libertarian Politics. Among many other things, this book argues that fiat money-printing is a form of immoral counterfeiting, and that we should attempt to secede from the fiat power structures by using cryptocurrency. To live that out, I was determined to find a way to sell the book directly to readers, completely peer-to-peer. In this way, I\'m helping to "close the loop". I\'m giving people something good to spend their (crypto) money on, without either them or me ever having to convert it to fiat.\n\nThe book also includes a brief sub-chapter on how the very existence of Bitcoin should force many Christians to re-evaluate the way they understand Jesus\' statement about "giving to Ceasar what is Caesar\'s". Bitcoin has no president or king\'s face on it. There is no engraving of any Caesar. Thinking this through might be of interest to many Bitcoin fans :)\n\nReady to see it in action?\n\nYou can test out the payment gateway by seeing how I use it on my own site. Just click one of the crypto checkout buttons at [https://beingbiblical.com/books/taxation-is-slavery](https://beingbiblical.com/books/taxation-is-slavery)', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/', 'ieu6th', [['u/jonas_h', 11, '2020-08-23 03:12', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/g2jf81h/', 'Awesome work!', 'ieu6th'], ['u/MemoryDealers', 15, '2020-08-23 04:20', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/g2jlyo8/', 'This is fantastic! Someone should start selling digital gift cards this way.', 'ieu6th']]], ['u/atrueretard', 'What are your thoughts on the Coinbase IPO - the Bitcoin exchange.', 37, '2020-08-23 04:16', 'https://www.reddit.com/r/StockMarket/comments/ievb04/what_are_your_thoughts_on_the_coinbase_ipo_the/', ' Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin\'s held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.\n\nThe IPO is upcoming and expected to valued at $8 billion . So what are your tho... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slipped by 0.17% on Sunday. Following a 1.37% gain on Saturday, Bitcoin ended the week down by 2.19% to $11,663.0. It was a mixed start to the day. Bitcoin rose to an early morning high $11,709.0 before hitting reverse. Falling short of the first major resistance level at $11,787, Bitcoin slid to a late morning intraday low $11,538.0. Steering clear of the first major support level at $11,465, Bitcoin struck a late intraday high $11,736. Falling short of the first major resistance level at $11,787, Bitcoin fell back to $11,650 levels before finding support. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Litecoin and Stellar’s Lumen rose by 0.53% and by 0.60% to buck the trend on the day. It was a bearish day for the rest of the majors. Cardano’s ADA (-3.17%), Monero’s XMR (-3.73%) and Tron’s TRX (-3.52%) led the way down. Binance Coin (-1.71%), Bitcoin Cash ABC (-1.12%), Bitcoin Cash SV (-1.57%), EOS (-1.36%), Ethereum (-1.23%), and Tezos (-1.85%) also struggled. Ripple’s XRP (-0.42%) saw modest losses on the day. For the week, it was a bearish for the majors, however. Tezos (-17.18%), EOS (-14.44%), Tron’s TRX (-13.82%), Bitcoin Cash SV (-13.10%), Cardano’s ADA (-12.59%), and Stellar’s Lumen (-10.86%) led the way down. Binance Coin (-7.18%), Bitcoin Cash ABC (-6.49%), Ethereum (-9.92%), Litecoin (-5.22%), and Ripple’s XRP (-6.52%) also struggled. Monero’s XMR fell by just 0.22%, however. In the week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.58bn. At the time of writing, the total market cap stood at $349.94bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.41%. Story continues This Morning At the time of writing, Bitcoin was down by 0.31% to $11,627.3. A bearish start to the day saw Bitcoin fall from an early morning high $11,667 to a low $11,605.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Stellar’s Lumen was down by 1.46% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,646 to support a run at the first major resistance level at $11,753. Support from the broader market would be needed, however, for Bitcoin to break out Sunday’s high $11,736.0. Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,844 before any pullback. Failure to move through the $11,646 pivot level would bring the first major support level at $11,555 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 and the second major support level at $11,448. In the event of an extended sell-off, Bitcoin could test the third major support level at $11,250 before any recovery. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Stats, Geopolitics, COVID-19, and the Jackson Hole in Focus European Equities: Futures Point Northwards, with no Stats in Focus Today Advanced Micro Devices Near All-Time High After Historic Breakout European Equities: A Week in Review – 22/08/20 Natural Gas Price Fundamental Daily Forecast – Focus Shifts to Potential Production Disruption The Weekly Wrap – Private Sector PMIs, Monetary Policy, and Geopolitics Drove the Majors', 'Bitcoin, BTC to USD, slipped by 0.17% on Sunday. Following a 1.37% gain on Saturday, Bitcoin ended the week down by 2.19% to $11,663.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $11,709.0 before hitting reverse.\nFalling short of the first major resistance level at $11,787, Bitcoin slid to a late morning intraday low $11,538.0.\nSteering clear of the first major support level at $11,465, Bitcoin struck a late intraday high $11,736.\nFalling short of the first major resistance level at $11,787, Bitcoin fell back to $11,650 levels before finding support.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Sunday.\nLitecoin and Stellar’s Lumen rose by 0.53% and by 0.60% to buck the trend on the day.\nIt was a bearish day for the rest of the majors.\nCardano’s ADA (-3.17%), Monero’s XMR (-3.73%) and Tron’s TRX (-3.52%) led the way down.\nBinance Coin (-1.71%), Bitcoin Cash ABC (-1.12%), Bitcoin Cash SV (-1.57%), EOS (-1.36%), Ethereum (-1.23%), and Tezos (-1.85%) also struggled.\nRipple’s XRP (-0.42%) saw modest losses on the day.\nFor the week, it was a bearish for the majors, however.\nTezos (-17.18%), EOS (-14.44%), Tron’s TRX (-13.82%), Bitcoin Cash SV (-13.10%), Cardano’s ADA (-12.59%), and Stellar’s Lumen (-10.86%) led the way down.\nBinance Coin (-7.18%), Bitcoin Cash ABC (-6.49%), Ethereum (-9.92%), Litecoin (-5.22%), and Ripple’s XRP (-6.52%) also struggled.\nMonero’s XMR fell by just 0.22%, however.\nIn the week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.58bn. At the time of writing, the total market cap stood at $349.94bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.41%.\nAt the time of writing, Bitcoin was down by 0.31% to $11,627.3. A bearish start to the day saw Bitcoin fall from an early morning high $11,667 to a low $11,605.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bearish start to the day.\nAt the time of writing, Stellar’s Lumen was down by 1.46% to lead the way down.\nBitcoin would need to move through the pivot level at $11,646 to support a run at the first major resistance level at $11,753.\nSupport from the broader market would be needed, however, for Bitcoin to break out Sunday’s high $11,736.0.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,844 before any pullback.\nFailure to move through the $11,646 pivot level would bring the first major support level at $11,555 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 and the second major support level at $11,448.\nIn the event of an extended sell-off, Bitcoin could test the third major support level at $11,250 before any recovery.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Stats, Geopolitics, COVID-19, and the Jackson Hole in Focus\n• European Equities: Futures Point Northwards, with no Stats in Focus Today\n• Advanced Micro Devices Near All-Time High After Historic Breakout\n• European Equities: A Week in Review – 22/08/20\n• Natural Gas Price Fundamental Daily Forecast – Focus Shifts to Potential Production Disruption\n• The Weekly Wrap – Private Sector PMIs, Monetary Policy, and Geopolitics Drove the Majors', 'It’s was a quiet start to the day on theeconomic calendarthis morning. \xa0The Kiwi Dollar was in action in the early part of the day.\nAway from the economic calendar, risk appetite picked up on news that the U.S FDA approved the use of blood plasma from recovered patients to treat COVID-19.\nEffective COVID-19 treatment would ease the effects of the persistent spread of the virus on the global economy.\nRetail sales tumbled by 14.6% in the 2ndquarter, following a 1.20% decline in the 1stquarter. For the quarter, core retail sales slid by 13.7%. In the 1stquarter, core retail sales had risen by 0.60%.\nAccording toNZ Stats,\n• Spending on eating out, accommodation away from home, vehicles, and fuel fell sharply in the June 2020 quarter compared with the June 2019 quarter.\n• A strong rise in supermarket and grocery sales partly offset the slump.\n• COVID-19 restrictions led to the marked decline in retail sales in the quarter. Non-essential businesses had been temporarily closed for close to half of the 2nd\nLooking at the numbers,\n• Sales for food and beverage services slumped by 40%, with fuel retailing sliding by 35%.\n• Accommodation services slid by 44%, with motor vehicles and parts retailing down by 22%.\n• Supermarket and grocery store sales jumped by 12% off the back of a record 13% rise in the March 2020 quarter.\nThe Kiwi Dollar moved from $0.65394 to $0.65434 upon release of the figures. At the time of writing, theKiwi Dollarwas up by 0.08% to $0.6546.\nAt the time of writing, theJapanese Yenwas up by 0.08% ¥105.72 against the U.S Dollar, with theAussie Dollarup by 0.18% to $0.7174.\nIt’s a particularly quiet day ahead on theeconomic calendar. There are no material stats to provide the EUR with direction.\nFollowing last week’s ECB monetary policy meeting minutes and private sector PMIs, the EUR could be under pressure today.\nGeopolitics will be in focus, with the markets tracking chatter from Beijing and Washington and updates on Brexit.\nAt the time of writing, theEURwas up by 0.06% to $1.1804.\nIt’s also a particularly quiet day ahead on theeconomic calendar. There are no material stats to provide the Pound with direction.\nA lack of stats will leave the Pound in the hands of Brexit, the latest COVID-19 numbers, and geopolitical risk.\nWe’ve seen the Eurozone economic recovery come undone due to fresh spikes in COVID-19 cases. Expect the same for the UK should new cases spike, which would be negative for the Pound Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,950,070,412 - Hash Rate: 128441437.17505692 - Transaction Count: 329133.0 - Unique Addresses: 674821.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In cryptocurrency markets, newfangled “decentralized exchanges” like Kyber are piddling compared with more-established and centralized venues like Binance. But in the eyes of traders, it’s the upstarts who are winning lately – at least based on the year-to-date performance of digital tokens affiliated with the various exchanges. Take Kyber Network Crystal (KNC), which is used to pay trading fees on the decentralized exchange Kyber. The token’s price has surged eight-fold in 2020. That compares with a 21% gain for Binance Coin (BNB), which customers of the exchange can use to pay trading fees, at a discounted rate. Related:Blockchain Bites: Coinbase's Untraditional Investor Day and the Ethereum-EOS Arms Race in Latin America You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Part of the performance gap is due to the fast growth in usage of Kyber, one of the biggest players in the white-hot arena of decentralized finance, or DeFi. Daily transactions on the Kyber network so far in July are averaging more than double their June level, according to CryptoCompare. The price moves are also driven by speculation over future growth, and cryptocurrency traders are betting that decentralized exchanges could gain market share over time. In the meantime analysts are crunching the numbers and realizing that the KNC tokens might provide more ongoing yield than the Binance coins. BNB is often categorized by crypto-market taxonomists as a utility token, whereas KNC is often lumped in with other DeFi coins. Related:The Federal Reserve's Declining Balance Sheet Is Bearish for Bitcoin. Or Is It? ButMichael Gord, CEO of Toronto-based trading firm Global Digital Assets, says he looks at them side by side, as rivals in the exchange business. “Kyber is actually competitive to exchanges like Binance,” Gord said in a phone interview. Just this week,Kyber announced a protocol upgradeknown as Katalyst that will allow KNC holders to earn so-called staking rewards – essentially like earning interest denominated in more of the same tokens – starting in a few weeks. Those staking rewards will come from a cut of the trading fees borne by users of the decentralized exchange. At the current rate, the platform charges trading fees of0.20%, some 65% of which go directly to stakers. But KNC holders also can vote to change the fee rates and payout mix. Decentralized exchanges (DEXs) such as Kyber are trading platforms constructed atop the Ethereum blockchain, with built-in programming known as “smart contracts” that allow trading to take place without a middleman to hold funds and match orders. Binance, by contrast, has embraced the middleman role since it was set up in 2017 (though it also launched a DEX in 2019). Here’s where the centralized exchanges are winning: first-mover advantage, reflected in their dominant share of trading volumes. According to the data aggregator Dune Analytics, decentralized exchanges are averaging a combined daily volume of about $60 million in July. And Binance alone, according to CoinGecko, has $2.1 billion in volume per day. “DEXs are a great development within the digital-asset ecosystem to trade crypto to crypto,”David Lifchitz, chief investment officer for the Paris-based trading firm ExoAlpha, told First Mover in an email message. “But it’s not a scalable infrastructure, with the current trading volume, for an active trader.” Jake Brukhman, managing director at token asset manager CoinFund, said that because DEX volumes are low, there’s “slippage,” the difference between the expected price of a trade and the price at which it’s actually executed. “While I can exchange an asset instantly, I might actually pay a lot of slippage to do that,” Brukhman told CoinDesk in a phone interview. Comparing the economics of the tokens requires some work. Kyber’s KNC token gives holders a return, or “yield” for providing liquidity, or “staking” by sending crypto to the KyberDAO smart contract. Binance, in addition to providing discounts for fees paid in BNB tokens, occasionally “burns” some of the tokens or eliminates them from the outstanding supply, offering an additional reward in the form of anti-dilution. Gord acknowledges Kyber’s network liquidity is still pretty paltry compared with Binance, and that makes it a non-starter for large trading volumes. But he sees the price jump in the KNC tokens as a bet that decentralized exchanges will continue to grow. “Once Kyber has much deeper liquidity it would impact our trading business more,” he said. BTC: Price: $9,192 (BPI) \| 24-Hr High: $9,441 \| 24-Hr Low: $9,133 Trend:Bitcoinfell below $9,150 early Friday, reversing most of the gain from $9,060 to $9,480 seen in the first half of the week. The pullback has invalidated the bullish view put forward by Wednesday’s upside break of a falling channel represented by trendlines connecting June 1 and 22 highs and June 2 and 15 lows. Essentially, it’s a case of failed breakout, which chart analysts consider a powerful bearish signal. In addition, the 3% decline seen in the past 24 hours has established another bearish lower high on the daily chart,as noted bypopular analystJosh Rager. Even so, it is still too early to say the bears have regained control because the cryptocurrency is holding above $9,000. Sellers have failed multiple times in the last four weeks to establish a strong foothold below that psychological support. As such, the immediate outlook would remain neutral as long as prices are trapped in the range of $9,000 and $9,480 (Wednesday’s high). Acceptance under $9,000 may prove costly – so much so that the cryptocurrency may end up falling to $7,100, according to crypto market analystJosh Olszewicz. Meanwhile, a move above $9,480 would put the focus on the psychological hurdle of $10,000 once more. Option traders are betting on a bullish breakout,as discussedThursday. At press time, bitcoin is trading near $9,190, as per CoinDesk’sBitcoin Price Index. • First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth • First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth... - Reddit Posts (Sample): [['u/Andres6936', 'New library based on Libtcod 1.5.1', 28, '2020-08-24 00:09', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/', "Some time ago I started a fork of Libtcod 1.5.1, the reason that led me to take such action was the current state of the project (Libtcod), where it stopped the implementation of new algorithms and features in C + +, also, reading the source code of Libtcod, I saw that it was especially confusing and that there were many areas where it could improve.\n\nThis new library (named [Doryen](https://github.com/Andres6936/Doryen)) will improve those aspects that in my opinion prevent Libtcod from receiving more support.\n\nI have refactored the code and restructured the code, and used C++17 as a basis for cleaning up the code.\n\nDoryen's current status has changed a lot from Libtcod, and he didn't look for compatibility with Libtcod, but rather followed its principles of simplicity and ease of use.\n\nI still consider that there is work to be done in Doryen, but it doesn't mean that it is incomplete, at the moment this new library offers what is necessary to program a new Roguelike (Input/Output, Events \\[Keyboard, Mouse\\], Pathfinding, Image Processing).\n\nSoon, I will make a wiki with a tutorial on how to do a Roguelike using Doryen. While this moment arrives, I would be happy to receive feedback from you.\n\nThank you very much.", 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/', 'ifcgps', [['u/aotdev', 15, '2020-08-24 00:19', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/g2mqfam/', 'You are aware that libtcod was [Doryen](http://www.roguebasin.roguelikedevelopment.org/index.php?title=Libtcod) before it took the name libtcod, right??\n\nCool though, the more C++ goods the merrier :)', 'ifcgps'], ['u/Kyzrati', 14, '2020-08-24 00:47', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/g2mtmx9/', 'Does seem like it\'d be better to pick a less confusion-prone name in the first place, considering many of us have known a different established meaning of "Doryen" for years now.', 'ifcgps']]], ['u/wmredditor', 'If 20% of people in the world woke up today to understand how dangerous inflation is, Bitcoin would be worth $1M tomorrow', 98, '2020-08-24 00:57', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/', ' The good thing is, only 1% of that number will be enough to get Bitcoin above $50k. Betting against a $50k Bitcoin price in the future is the same as betting that the whole world will remain ignorant forever :)', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/', 'ifd9eb', [['u/Brettanomyces78', 11, '2020-08-24 01:14', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2mwlof/', 'Maybe this is just phrased oddly, but are you suggesting the 9/11 attack wasn\'t "legit," whatever that means?', 'ifd9eb'], ['u/Brettanomyces78', 54, '2020-08-24 01:15', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2mwq68/', "People understand inflation. That's why they pump money (medium to long term savings) into stocks, bonds, precious metals, real estate, and so on.", 'ifd9eb'], ['u/Revjym', 12, '2020-08-24 02:14', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2n31ym/', '99% of the world doesn’t have enough money to invest in anything and live paycheck to paycheck. All these hopium scenarios never take this into account. \nEven more BS than the “there is XX amount of millionaires in the word, and if......” folklore.', 'ifd9eb'], ['u/wwmore11', 12, '2020-08-24 03:01', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2n85a9/', 'Read up on Modern Monetary Theory. Unfortunately inflation doesn’t seem to have the psychologically imperative effect of the past anymore. As long as the USD is held as 60% global reserve currency inflation and domestic debt seem to be arbitrary. The money printing is simply creating further wealth gap disparity. I don’t necessarily agree with the principles of MMT, but for now the Fed seems to still reign as king. Guess we’ll see if that changes. This is one of the main reasons for the argument that digital gold is simply not enough for bitcoin. We need transactional adoption rate to skyrocket for utilitarian value. Digital gold helps in premise, but it’s not taking BTC to a million, not a chance.', 'ifd9eb'], ['u/Brettanomyces78', 13, '2020-08-24 03:50', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2nd6yv/', "For short term spending, it's necessary. Obviously no one sits on piles of cash for years unless they're ignorant or are waiting for some kind of specific opportunity.", 'ifd9eb'], ['u/iiJokerzace', 10, '2020-08-24 04:36', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2nhz4v/', "It's more than that. Pretty much every one I know thinks investing is also gambling. Even less don't know what a 401k even is or how it works other than magic money later on. \n\nPeople save cash waaaaay more than you guys realize. By the hundreds of thousands and for years even. The less money they have, the more they will save cash.", 'ifd9eb'], ['u/Glugstar', 13, '2020-08-24 11:28', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2oc84r/', "But relatively few people do that or know they even can do that. I met people who were surprised when I told them they can participate too. They thought that you needed a lot of money (like millions) to be able to invest.\n\nMost people have no idea what inflation is or why it's important.", 'ifd9eb']]], ['u/satsthestandard', 'Bitcoin made me feel depressed.', 35, '2020-08-24 03:50', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/', 'Learning more about why bitcoin was invented what it aims to solve made me feel depressed. Okay maybe not depressed, just very upset. Like knowing the reality of the current system, that were all slaves of it.\n\nTfw you wanna like start a revolution or something, like wtf. It\'s very eye openning it feels like much of my life questions is answered , and that the "bitcoin fixes this" idea is making more sense day by day. \n\nI am tho happy that bitcoin exists, but also fear it\'s possibility of failure. That the bad guys could prevail eventually. A full totalitarian government controlling societies, where individual\'s thinking is centrally planned. \n\nI think it\'s more depressing cause I dont have someone I know personally that shares my views. Most of em worships the government overlords. Thinking that more governments are the solution to everything. \n\nNot sure what to do next really, I do stack regularly but other than that idk. I got into the deep dark depressing part of the rabbit whole. I hope bitcoin, the ideologies that supports it, succeeds and prevails in the end, for world peace and prosperity..', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/', 'iffzns', [['u/ElephantGlue', 14, '2020-08-24 04:21', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2ngieo/', 'Stop with the whole “I hope bitcoin succeeds” bullshit. By every metric it IS succeeding.', 'iffzns'], ['u/VanGleason', 11, '2020-08-24 04:24', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2ngtrb/', 'I assure you that millions of us feel the same or very similar to the way you feel. You are not alone.', 'iffzns'], ['u/VanGleason', 34, '2020-08-24 04:27', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2nh1ks/', 'Just think how much more depressing things would be without Bitcoin. It is a beacon if truth and light in a shadowy world.', 'iffzns'], ['u/Mark_Bear', 10, '2020-08-24 04:41', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2nih4m/', 'I know how it feels. I learned the truth first. Years later I discovered Bitcoin.', 'iffzns']]], ['u/[deleted]', 'Are you still a practicing Catholic?', 17, '2020-08-24 04:07', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/', 'Are those of you on this LGBTCatholic forum still practicing Catholics? Do you still go to Mass? Do you still believe in God?', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/', 'ifg9jo', [['u/dignifiedhowl', 11, '2020-08-24 04:16', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/g2nfy8y/', 'Yes, yes, and yes. I’m actually increasing my prayer practice; trying to incorporate the Liturgy of the Hours into my daily routine.', 'ifg9jo']]], ['u/Sea_Register', '(ex)Catholics?', 102, '2020-08-24 04:25', 'https://www.reddit.com/r/AskGaybrosOver30/comments/ifgj53/excatholics/', 'Hi All,\n\nI\'m a former Roman Catholic who was very active in the Church prior to coming out. The Church\'s homophobic sexual teachings and generally repressive attitude toward sex fed off my own internalized homophobia from childhood and were super toxic for me.\n\nAs someone who was really engaged in Catholic stuff, and still lurks in Catholic subreddits out of a morbid curiosity , I see a lot of confused and questioning queer young people wandering through, asking for advice from the catholic masses. The responses they get are very uniform: "we love gay people, but your orientation/identity is deeply disordered, and you have to be celibate for life; by the way you should pray more and offer up your suffering to God as a sacrifice". People are then directed to du... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFi Pulse . Aave now has $1.47 billion worth of different crypto assets staked for credit lines, while MakerDAO has $1.45 billion in total value locked (TVL). “Reaching the highest TVL was possible due to the wide range of developers building on top of Aave who are expressing their innovation in DeFi,” Stani Kulechov, Aave CEO, told CoinDesk. “This innovation has sparked interest from institutions [that] are now dipping their toes into Aave.” Related: First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads Read more: What Is Yield Farming? The Rocket Fuel of DeFi, Explained This is only the second time a project has had more “total value locked” (TVL) than MakerDAO, as measured by DeFi Pulse. On June 20, fueled by a yield farming rush spurred on by the initial distribution of its governance token COMP, Compound took the lead for collateral locked up until late July. For context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL. MakerDAO now has well over twice the collateral locked up as it had then. In the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve. Fertile soil Related: DeFi Aggregator Bella Protocol Announces $4M Seed Round Founded as EthLend, Aave was conceived as a peer-to-peer crypto lender, funded by a 2017 initial coin offering that raised $16.2 million, according to Messari . It later pivoted to the pooled lending approach it uses today. With creative new communities of yield farmers coming up with wild schemes , Aave has proven to be a key financial backbone of some projects, as Devin Walsh of CoinFund explained to CoinDesk. In particular, she noted that Curve and Yearn Finance rely on Aave. “Stablecoin deposits into either of those protocols will ultimately be deposited into Aave’s money markets. Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email. Story continues Read more: Five Years In, DeFi Now Defines Ethereum Another relevant project is Opium, which announced Saturday it had created a credit default swap (CDS) on the Aave protocol. A CDS is a type of contract that insures the buyer against a third party defaulting on a loan. These instruments are best known for their role in the 2008 financial crisis , though they arguably provide markets an early warning signal of credit problems. Aave has announced a governance token distribution plan, but it has not yet taken effect. So while liquidity mining is coming to the protocol, it’s not driving the current surge. Related Stories Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited', 'Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, accordingto DeFi Pulse.\nAave now has $1.47 billion worth of different crypto assets staked for credit lines, while MakerDAO has $1.45 billion in total value locked (TVL).\n“Reaching the highest TVL was possible due to the wide range of developers building on top of Aave who are expressing their innovation in DeFi,” Stani Kulechov, Aave CEO, told CoinDesk. “This innovation has sparked interest from institutions [that] are now dipping their toes into Aave.”\nRelated:First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads\nRead more:What Is Yield Farming? The Rocket Fuel of DeFi, Explained\nThis is only the second time a project has had more “total value locked” (TVL) than MakerDAO, as measured by DeFi Pulse. On June 20, fueled by a yield farming rush spurred on by the initial distribution of its governance token COMP, Compound took the lead for collateral locked up until late July.\nFor context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL. MakerDAO now has well over twice the collateral locked up as it had then.\nIn the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve.\nRelated:DeFi Aggregator Bella Protocol Announces $4M Seed Round\nFounded as EthLend, Aave was conceived as a peer-to-peer crypto lender, funded by a 2017 initial coin offering that raised $16.2 million, accordingto Messari. It later pivoted to the pooled lending approach it uses today.\nWith creativenew communitiesof yield farmers coming up withwild schemes, Aave has proven to be a key financial backbone of some projects, as Devin Walsh of CoinFund explained to CoinDesk.\nIn particular, she noted that Curve and Yearn Finance rely on Aave. “Stablecoin deposits into either of those protocols will ultimately be deposited into Aave’s money markets. Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email.\nRead more:Five Years In, DeFi Now Defines Ethereum\nAnother relevant project is Opium, which announced Saturday it had created acredit default swap (CDS)on the Aave protocol. A CDS is a type of contract that insures the buyer against a third party defaulting on a loan. These instruments are best known for theirrole in the 2008 financial crisis, though they arguably provide markets anearly warning signalof credit problems.\nAave has announceda governance token distributionplan, but it has not yet taken effect. So while liquidity mining is coming to the protocol, it’s not driving the current surge.\n• Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited\n• Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited', 'The explosive growth of decentralized finance, or DeFi, on the Ethereum blockchain has brought unwanted attention to the recent surge in congestion on the network, with a resulting jump in transaction fees.\nThere’s another consequence for crypto traders: Rising volatility in prices forether, the blockchain’s native cryptocurrency. That’s especially true when ether’s volatility is compared with that ofbitcoin.\nYou’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here.\nRelated:Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High\nThe three-month spread between ether’s implied volatility and bitcoin’s has increased to 29%, the highest in six months, according to data source Skew. As recently as June 28, the spread was as low of -2.8%, meaning bitcoin had the higher implied volatility at that point.\nVolatility often carries a negative\xa0connotation because traders often consider it a barometer of risk. In this case the rising spread appears to\xa0indicate\xa0a wide range of expectations in how\xa0DeFi might ultimately affect usage of the Ethereum network and demand for the ether.\n“Ether’s\xa0rising volatility\xa0is a byproduct of its own success,”\xa0Denis Vinokourov, head of research at Bequant, a London-based cryptocurrency exchange and institutional brokerage, said in a Telegram chat.\xa0\xa0“Success comes with risks, the need to hedge.”\nImplied volatility represents the market’s expectations of how volatile or risky an asset would be over a specific period. It’s not necessarily bullish or bearish: Heightened implied volatility simply means that\xa0future price swings might lie ahead.\nRelated:Forthcoming Yield Farming Project Dispenses With Governance\n“Investors are focused on DeFi and mindful of a potential big move in ETH,” Emmanuel Goh, CEO of the crypto-derivatives data firm Skew, told CoinDesk in a Telegram chat.\nDeFi\xa0tokens have been among the hottest performers in cryptocurrency markets this year, with\xa0steep rallies in\xa0Chainlink’sLINKand the\xa0Kyber Network’s KNC.\xa0The open-source lending protocol Aave’s LEND token has risen\xa0more than 30-fold.\nThe Ethereum\xa0network’s recent spell of congestion has pushed\xa0the average transaction fee to record highs above $6.\nThe heightened volatility expectations might also be an indication of how volatile prices have been this year for ether itself. The second-largest cryptocurrency has tripled, gaining on bitcoin, which is up a respectable 64%.\nDemand for options, or the need to hedge, tends to pick up with price rallies and major fundamental developments, and\xa0implied volatilities are primarily driven by the net buying pressure for options contracts like price calls and puts.\nThis is what success looks like right now for Ethereum.\n– Omkar Godbole, Markets Reporter\nDespite the recent pullback in bitcoin prices, analysts are still bullish in the long term, with Federal Reserve Chair Jerome Powell expected to bolster inflation expectations in a highly anticipated speech Thursday.\n• “Powell has previously stated that he doesn’t think inflation is a significant risk and is prepared to see it overshoot to meet his objectives,” Charlie Morris, chief investment officer at ByteTree Asset Management, told CoinDesk in a WhatsApp chat.\n• “The major impact for crypto out of this symposium would be a change in monetary policy and further depreciation of the dollar, which could propel bitcoin higher,” said Matthew Dibb, co-founder of Stack.\n• Multiple rejections above $12,000 seen over the past three weeks have put brakes on the rally fro Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,403,967,900 - Hash Rate: 111720008.69546376 - Transaction Count: 304409.0 - Unique Addresses: 678008.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: EUR/USD briefly traded above 1.1900 on Friday but has since eased back as the dollar is rebounding broadly against its major currency counterparts. Considering that the exchange rate has risen at a much more rapid pace than the norm, it would not be unusual to see a consolidation at this point, or a slight correction lower. Economic data from Europe was positive today. The latest manufacturing PMI report showed the industry returning to growth after a steep contraction in the second quarter. The report confirms that the euro area is well on its way to a recovery as the easing of lockdown restrictions has boosted the economy compared to prior months. However, things are still in the early stages and this momentum will need to continue for the economy to eventually get back to the state it was before the virus shock. The labor market is the biggest risk when it comes to factors that could derail the recovery. For this reason, the next employment report, scheduled for release next week, will be closely watched. Later today, the US will release data that will provide an outlook on the US manufacturing sector. Similar to the euro area, analysts expect the manufacturing sector to show growth in July. Technical Analysis EURUSD 4-Hour Chart The currency pair shows signs of slowing but there is risk in taking a counter-trend stance, especially in the case of EUR/USD where the recent upward trend has had a lot of momentum behind it. It might take a further development in price action to determine if the dollar bounce will turn in anything meaningful. For the session ahead, the 1.1735 level appears to be significant. The price point stems from a weekly chart where it has acted as both support and resistance in the past. A sustained move below it could clear the path for a broader correction. Considering the trend, buyers may look to defend the level. It may take a move above 1.1850 for the upward momentum to return. Bottom Line Economic data from the euro area was positive although the exchange struggled to gain following the report. The level to watch in the session ahead is 1.1735. It can act as a line in the sand for a directional bias for today’s session. The US will release it’s latest manufacturing PMI data in early North American trading. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Shoot Through 200 EMA Price of Gold Fundamental Daily Forecast – Ripe for Correction During Dollar Short Squeeze Bitcoin Shots to A New Yearly Highs in July GBP/USD Price Forecast – British Pound Testing Major Figure U.S. Stocks Set To Open Higher As Traders Push Equities To Multi-Month Highs USD/JPY Price Forecast – US Dollar Grind Higher... - Reddit Posts (Sample): [['u/anthonyevans777', 'Become a Bitcoin Millionaire in 5 years', 11, '2020-08-25 03:40', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/', 'I figured the fastest way possible for an ordinary joe like myself to become a bitcoin millionaire is to simply acquire 10 coins and HODL that shit for the next 5 year bull run. \n\nBy the next Halving the price of 1 coin most likely will be anywhere from 100k-200k \n\nGood luck you future millionaires', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/', 'ig2pc6', [['u/usedmyrealnamefirst', 67, '2020-08-25 03:59', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2ratsf/', 'Bc ordinary joes have 120k to just buy 10BTC', 'ig2pc6'], ['u/overcookedit', 26, '2020-08-25 04:01', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rb1ou/', 'simply pawn one of your 18th century chaise lounges! im sure you have a few lying around', 'ig2pc6'], ['u/Dubya_Tea_Efff', 40, '2020-08-25 04:20', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rd38f/', "The average Joe doesn't make 60-80k a year.", 'ig2pc6'], ['u/Onsyde', 11, '2020-08-25 04:22', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rdai5/', "Step four: sell and cry a little\n\n\nStep five: check price a year later to find you could've been a trillionaire\n\nStep six: buy and cry a little\n\nStep seven: repeat", 'ig2pc6'], ['u/Dubya_Tea_Efff', 23, '2020-08-25 04:24', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rdjxr/', "There is far more in the world than just California. I forget how California's forget that. You guys have no idea then what majority of the country gets by on, let alone majority of the world.", 'ig2pc6'], ['u/SpockSays', 13, '2020-08-25 04:29', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2re1w6/', '"10 bitcoin to be a billionaire."\n\n[https://twitter.com/pierre\\_rochard/status/1278373182341361666?s=20](https://twitter.com/pierre_rochard/status/1278373182341361666?s=20)\n\n(10 btc = 1 billion satoshi)', 'ig2pc6'], ['u/Dubya_Tea_Efff', 11, '2020-08-25 04:38', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rf0a6/', 'You are severely disconnected from reality homie.', 'ig2pc6'], ['u/Cryptocaller', 15, '2020-08-25 04:46', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rfvlh/', 'I strongly believe that someone that says things like “that individual needs to boss up mentally” when referring to someone’s inability to snap their fingers and become richer, and that also has the grammar of an eleven year old, should not be handing out investment advice, or any advice for that matter. \n\n“That’s why 10 Bitcoin is the perfect number for anyone” Your grasp on world economics and how vastly different income equality is globally, is astonishing. $110k dollars (10 BTC today) worth of Bitcoin is so far out of reach for the majority of the planet that it makes your statement look ridiculous.', 'ig2pc6'], ['u/JohnBravere', 10, '2020-08-25 05:41', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rlgw2/', 'Not to mention the average Joe has children, massive debt, or both.', 'ig2pc6']]], ['u/AutoModerator', '[Daily Discussion] Tuesday, August 25, 2020', 46, '2020-08-25 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/', 'ig4yxv', [['u/InspectorHornswaggle', 13, '2020-08-25 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s0cw8/', "Isn't that the same as buying / longing BTC with USD?", 'ig4yxv'], ['u/[deleted]', 15, '2020-08-25 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s18tz/', "Well price action on the lower levels is looking weak as fook. 1st short term level to look for is 11525 ( out last 4hour higher low). If we break that it would likely that we'd fall to the 11360 region, this was our recent reversal point from the initial 12k drop.\n\nStill get the feeling that we are going to be ranging for a long long time between 10k and 12k. Months. In fact I would imagine that if we break the daily 50EMA with a close that we could actually be under 12k the rest of this year. This isn't a bad thing.\n\nThe monthly is 6 days away from printing a classic doji top/reversal at the top. Yes yes I know a doji is not in of itself a reversal but it can absolutely be a sign of things to come\n\nWith the impending US election madness on the horizon and 2nd wave winter Covid having a role to play it would be perfectly reasonable to assume that we retest the original 10k breakout point at some point. That would of course allow us to close the CME gap at (if you believe that is a thing). 9600-9800.\n\n&#x200B;\n\nMoon boys are going to have to wait until at least 2021 for their pant wetting to resume. Right now I would say we'll face a slightly uncomfortable autumn and winter in Bitcoin world. The narrative being, will the old ATH resistance line hold as support. Right now it's sitting at 9k but should Bitcoin get seriously weak over the the coming months that number moves down to the 8700 8500 area.\n\nTo a lot of people who'll scream that those low prices are just impossible and are never going to happen because it's moon moon baby, I would say to them Bitcoin does not give a flying fuck about you. I never thought we'd crash down to 3800 but by God we did and we did hard.", 'ig4yxv'], ['u/freq-ee', 15, '2020-08-25 10:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s5epw/', 'A lot of this selling is the futures closing on the 28th. \n\nThe futures were probably the worst thing to the happen to the BTC markets. They kill every bull run and are used to completely control the price of BTC.', 'ig4yxv'], ['u/Nagosh', 13, '2020-08-25 10:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s6fjp/', "[Sentiment is the lowest it has been in a week](https://analytics.skew.com/dashboard/bitcoin-futures). I'm assuming it's probably the lowest it has been in maybe a month after we jumped up to this range, but skew only shows data for the past week. This is somewhat bullish as counter trading sentiment can work but of course it isn't 100%. Nothing is. And price action says nothing, imo. There isn't much support or resistance anymore. It's just kind of meandering/going sideways. \n\nI sold my long 4 days ago at 11,520, and I'm thinking about relonging here. It would be essentially like nothing happened. But I think I'm going to hold off for a little while longer. If this is going sideways then it's probably going to go sideways for a long time, just like 9k, and that would mean a price bump. \n\nI'm going to put some buys around 11,200 just in case a dump happens, but if we can just stay sideways between 11k and 12k for another 4-5 weeks that would be quite bullish, imo, and I would probably get into a 10-15x long if we do that.", 'ig4yxv'], ['u/Maegfaer', 11, '2020-08-25 11:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s7tqb/', "Futures can only absorb/surpress purely speculative demand, not demand for Bitcoin's fundamental properties (openness, censorship resistance, global reach, yada yada). So no, futures don't completely control the price of BTC and won't kill every bull run.", 'ig4yxv'], ['u/blessedbt', 14, '2020-08-25 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s9t7l/', "Futures, or at least the ones provided by legacy operations, have existed solely post bull run. \n\nI'd like to see how the 'we will tame Bitcoin' narrative works when there's a powerful and sustained level of demand for the real thing that continues growing. We haven't had that since 2017. \n\nThey're going to get a powerful lesson on their place in the pecking order.", 'ig4yxv'], ['u/RetardIdiotTrader', 10, '2020-08-25 16:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2suyjf/', 'I’m happy to try anything. Downvoted.', 'ig4yxv'], ['u/Merlin560', 60, '2020-08-25 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2t06i5/', 'PNF Chart Update\n\n&a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Global Cryptocurrency Market to Reach $1. 4 Billion by 2027. Amid the COVID-19 crisis, the global market for Cryptocurrency estimated at US$979. 5 Million in the year 2020, is projected to reach a revised size of US$1.\nNew York, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Cryptocurrency Industry" -https://www.reportlinker.com/p05800039/?utm_source=GNW4 Billion by 2027, growing at aCAGR of 4.8% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$866.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 4.5% CAGR for the next 7-year period.The U.S. Market is Estimated at $288.6 Million, While China is Forecast to Grow at 4.5% CAGRThe Cryptocurrency market in the U.S. is estimated at US$288.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$240.1 Million by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.We bring years of research experience to this 6th edition of our report. The 214-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,\n• Advanced Micro Devices, Inc.\n• Binance Holdings Limited\n• Bitfinex Group\n• Bitfury Holding B.V.\n• BitGo Inc.\n• Bitmain Technologies Limited\n• Bitstamp Ltd\n• Canaan Creative CO., LTD\n• Coinbase\n• Ethereum Foundation\n• Ethereumminer.EU\n• Intel Corporation\n• Ledger SAS\n• NVIDIA Corporation\n• PandaMiner\n• Ripple\n• Shark Mining\n• Upbit\n• Xapo\n• Xilinx Inc.\n• Zhejiang Ebang Communication Co., Ltd.\nRead the full report:https://www.reportlinker.com/p05800039/?utm_source=GNWI. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEWGlobal Competitor Market SharesCryptocurrency Competitor Market Share Scenario Worldwide(in %): 2019 & 2025Impact of Covid-19 and a Looming Global Recession2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVETable 1: Cryptocurrency Global Market Estimates and Forecastsin US$ Thousand by Region/Country: 2020-2027Table 2: Cryptocurrency Market Share Shift across KeyGeographies Worldwide: 2020 VS 2027Table 3: Hardware (Offering) World Market by Region/Country inUS$ Thousand: 2020 to 2027Table 4: Hardware (Offering) Market Share Breakdown ofWorldwide Sales by Region/Country: 2020 VS 2027Table 5: Software (Offering) Potential Growth Markets Worldwidein US$ Thousand: 2020 to 2027Table 6: Software (Offering) Market Sales Breakdown byRegion/Country in Percentage: 2020 VS 2027Table 7: Mining (Process) Geographic Market Spread Worldwide inUS$ Thousand: 2020 to 2027Table 8: Mining (Process) Market Share Distribution inPercentage by Region/Country: 2020 VS 2027Table 9: Transaction (Process) World Market Estimates andForecasts by Region/Country in US$ Thousand: 2020 to 2027Table 10: Transaction (Process) Market Share Breakdown byRegion/Country: 2020 VS 2027Table 11: Bitcoin (Type) World Market by Region/Country in US$Thousand: 2020 to 2027Table 12: Bitcoin (Type) Market Share Distribution inPercentage by Region/Country: 2020 VS 2027Table 13: Ethereum (Type) World Market Estimates and Forecastsin US$ Thousand by Region/Country: 2020 to 2027Table 14: Ethereum (Type) Market Percentage Share Distributionby Region/Country: 2020 VS 2027Table 15: Monero (Type) Market Opportunity Analysis Worldwidein US$ Thousand by Region/Country: 2020 to 2027Table 16: Monero (Type) Market Share Distribution in Percentageby Region/Country: 2020 VS 2027Table 17: Ripple (Type) World Market by Region/Country in US$Thousand: 2020 to 2027Table 18: Ripple (Type) Market Share Breakdown of WorldwideSales by Region/Country: 2020 VS 2027Table 19: Litecoin (Type) Potential Growth Markets Worldwide inUS$ Thousand: 2020 to 2027Table 20: Litecoin (Type) Market Sales Breakdown byRegion/Country in Percentage: 2020 VS 2027Table 21: Dash (Type) Geographic Market Spread Worldwide in US$Thousand: 2020 to 2027Table 22: Dash (Type) Market Share Distribution in Percentageby Region/Country: 2020 VS 2027Table 23: Other Types (Type) World Market Estimates andForecasts by Region/Country in US$ Thousand: 2020 to 2027Table 24: Other Types (Type) Market Share Breakdown byRegion/Country: 2020 VS 2027Table 25: Trading (Application) Sales Estimates and Forecastsin US$ Thousand by Region/Country for the Years 2020 through2027Table 26: Trading (Application) Global Market ShareDistribution by Region/Country for 2020 and 2027Table 27: Remittance (Application) Global OpportunityAssessment in US$ Thousand by Region/Country: 2020-2027Table 28: Remittance (Application) Percentage Share Breakdownof Global Sales by Region/Country: 2020 VS 2027Table 29: Payment (Application) Worldwide Sales in US$ Thousandby Region/Country: 2020-2027Table 30: Payment (Application) Market Share Shift across KeyGeographies: 2020 VS 2027III. MARKET ANALYSISGEOGRAPHIC MARKET ANALYSISUNITED STATESMarket Facts & FiguresUS Cryptocurrency Market Share (in %) by Company: 2019 & 2025Market AnalyticsTable 31: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Offering: 2020 to 2027Table 32: United States Cryptocurrency Market Share Breakdownby Offering: 2020 VS 2027Table 33: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Process: 2020 to 2027Table 34: United States Cryptocurrency Market Share Breakdownby Process: 2020 VS 2027Table 35: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Type: 2020 to 2027Table 36: United States Cryptocurrency Market Share Breakdownby Type: 2020 VS 2027Table 37: United States Cryptocurrency Latent Demand Forecastsin US$ Thousand by Application: 2020 to 2027Table 38: Cryptocurrency Market Share Breakdown in the UnitedStates by Application: 2020 VS 2027CANADATable 39: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Offering: 2020 to 2027Table 40: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Offering for 2020 and 2027Table 41: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Process: 2020 to 2027Table 42: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Process for 2020 and 2027Table 43: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Type: 2020 to 2027Table 44: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Type for 2020 and 2027Table 45: Canadian Cryptocurrency Market Quantitative DemandAnalysis in US$ Thousand by Application: 2020 to 2027Table 46: Canadian Cryptocurrency Market Share Analysis byApplication: 2020 VS 2027JAPANTable 47: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Offering for thePeriod 2020-2027Table 48: Japanese Cryptocurrency Market Share Analysis byOffering: 2020 VS 2027Table 49: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Process for thePeriod 2020-2027Table 50: Japanese Cryptocurrency Market Share Analysis byProcess: 2020 VS 2027Table 51: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Type for thePeriod 2020-2027Table 52: Japanese Cryptocurrency Market Share Analysis byType: 2020 VS 2027Table 53: Japanese Demand Estimates and Forecasts forCryptocurrency in US$ Thousand by Application: 2020 to 2027Table 54: Cryptocurrency Market Share Shift in Japan byApplication: 2020 VS 2027CHINATable 55: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Offering for the Period 2020-2027Table 56: Chinese Cryptocurrency Market by Offering: PercentageBreakdown of Sales for 2020 and 2027Table 57: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Process for the Period 2020-2027Table 58: Chinese Cryptocurrency Market by Process: PercentageBreakdown of Sales for 2020 and 2027Table 59: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Type for the Period 2020-2027Table 60: Chinese Cryptocurrency Market by Type: PercentageBreakdown of Sales for 2020 and 2027Table 61: Chinese Demand for Cryptocurrency in US$ Thousand byApplication: 2020 to 2027Table 62: Chinese Cryptocurrency Market Share Breakdown byApplication: 2020 VS 2027EUROPEMarket Facts & FiguresEuropean Cryptocurrency Market: Competitor Market ShareScenario (in %) for 2019 & 2025Market AnalyticsTable 63: European Cryptocurrency Market Demand Scenario in US$Thousand by Region/Country: 2018-2025Table 64: European Cryptocurrency Market Share Shift byRegion/Country: 2020 VS 2027Table 65: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Offering: 2020-2027Table 66: European Cryptocurrency Market Share Breakdown byOffering: 2020 VS 2027Table 67: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Process: 2020-2027Table 68: European Cryptocurrency Market Share Breakdown byProcess: 2020 VS 2027Table 69: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Type: 2020-2027Table 70: European Cryptocurrency Market Share Breakdown byType: 2020 VS 2027Table 71: European Cryptocurrency Addressable MarketOpportunity in US$ Thousand by Application: 2020-2027Table 72: European Cryptocurrency Market Share Analysis byApplication: 2020 VS 2027FRANCETable 73: Cryptocurrency Market in France by Offering:Estimates and Projections in US$ Thousand for the Period2020-2027Table 74: Fre Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,403,967,900 - Hash Rate: 123939384.6465301 - Transaction Count: 324184.0 - Unique Addresses: 696908.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length. At 0:59 GMT, theEUR/USDis trading 1.1422, down 0.0004 or -0.03%. Reuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission. That would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans. A source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France. Diplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time. While the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes. Early Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year. Currently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • The Crypto Daily – Movers and Shakers – July 20th, 2020 • Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10 • E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50 • ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar • Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices • Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain.\nThe most striking thing aboutConcordium, which launches its third testnet next month, is the way it pushes what was once anathema to big corporates: public and permissionless blockchains.\nBusinesses, wary of tipping their hands and giving away any competitive advantage, have traditionally preferred the idea of private and permissioned blockchains. But many advocates of blockchain tech believe only open systems hold true transformational promise. The oft-cited analogy centers on the relevance of internet versus intranet.\nRelated:'Boring Is the New Exciting': How Baseline Protocol Connected With 600 Corporates\nRead more:‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates\nToeing the line between the privacy requirements of regulated businesses and full-broadcast blockchains like those of Bitcoin and Ethereum has ledsome very smart peopleto opt for an attenuated architecture when it comes to distributed ledgers.\nHowever, Concordium is confident it has found a third way, keeping sensitive data private using a clever identity and zero-knowledge-proof (ZKP) system, providing firms with a safe, flexible option to deploy open blockchains.\nThe momentum around projects like Baseline Protocol, which now hassome 600 big firms using it, is a solid indicator ZKP tech is ready for prime time.\nRelated:ConsenSys Acquires JPMorgan's Quorum Blockchain\nAccording to Concordium CEO Lone Fønss Schrøder, sometimes you need a permission-based ledger; but in order to realize new business models, it has to come in combination with baked-in permissionless possibilities.\n“I think that’s really what large corporations are looking for,” said Fønss Schrøder. “If you look at Hyperledger, for example, or R3, I don’t think it is blockchain in the sense of really providing something new. It’s not decentralized. Companies are seeing it as just another way to do their mainframe applications. But when you talk about permissionless blockchain, it’s something totally new.”\nBlockchain today simply doesn’t meet the needs of corporations, says Fønss Schrøder, and a lack of permissionless flexibility has led to no uptick in business adoption.\nConcordium’s chief marketing manager, Beni Issembert, went further: Businesses underwhelmed by today’s enterprise blockchain offerings are squarely in Concordium sights.\n“Businesses that are open-minded feel a lot of frustration and desolation when it comes to using Hyperledger and R3 Corda. And we are talking to those disappointed businesses,” Issembert said.\nIt would be easy to write Concordium off as some kind of naive newcomer – both R3 and Hyperledger declined to comment on the Concordium white paper.\nBut the project, which has its roots in Denmark, featuresan impressive castof players from business and academia. On the science side, Concordium’s research center at Denmark’s Aarhus University is run by widely cited cryptographer Ivan Damgard. Last September, Torben Pryds Pedersen, creator of the Pedersen Commitment cryptographic primitive, was appointed as Concordium’s CTO.\nRead more:Staying Alive: Why the World of Enterprise Blockchain Has Turned to Collaborations\nIn terms of corporate clout, Fønss Schrøder is a boardroom director at IKEA, vice chairman of Volvo and spent 22 years at A.P. Moller Maersk. Concordium’s founder, Lars Seier Christensen, founded Saxo Bank in 1992, while the blockchain’s advisers include former Danish Prime Minister Anders Fogh Rasmussen, and heavy hitters from Nasdaq, Mastercard and Skype.\nIt’s one thing to announce a paradigm shift in the way businesses intend to use blockchain technology, but another to show hard evidence of this new permissionless demand.\n“We are already in contact with those people [Volvo and IKEA] and looking at ways to fulfill what they would like to do. But we are not only targeting 20 or 40 businesses,” said Issembert. “We are focused on the next generation of commerce, the new unicorns; firms that you don’t have to convince the best approach is an open system.”\nIt should be pointed out that Volvo has blazed a trail when it comes totracking the minerals used in electric car batterieswith the help of Hyperledger Fabric. IKEA has also done someinteresting blockchain experimentswith the likes of Tradeshift using the Maker protocol.\nNeither Volvo nor IKEA would confirm to CoinDesk whether they were testing Concordium at this time.\nRead more:IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money\nIf large corporations have been mostly happy with proofs-of-concept using closed enterprise blockchains, what are the new use cases that open systems like Concordium can offer?\nFønss Schrøder said a major opportunity exists in rethinking the way procurement and supply chains work, for example. (In terms of new entrants to the enterprise blockchain space, there have also beensome interesting moves from the EOS ecosystem, particularly in Latin America.)\n“It could be smart contracts, which actually will function as marketplaces for you and your whole procurement sector,” said Fønss Schrøder. “I think about what Maersk has been doing, but the disadvantage for Maersk is that this should never have been built on a permission-based blockchain; it should have been permissionless. But that’s the kind of logistical use case I’m sure we will be able to support.”\nVolvo board member Fønss Schrøder also sees plenty of uses for open blockchains in the car industry, across secondary markets, for instance, and the service agreements that come with that.\n“Nearly every car sold by Volvo has some kind of lease arrangement or car-care, and blockchain is well suited to support this on the insurance side and on the service side,” said Fønss Schrøder.\nAs far as the ZKP secret sauce, Issembert called this the “backbone of the network,” but could not disclose details.\n“For the ZKP design approach, we are going to come to the market with our own solution. It’s not something that has been seen yet,” he said.\nRead more:WATCH: ‘Big Four’ Exec Says Privacy Is Key to Enterprise Blockchain Adoption\nNext month sees Concordium’s third testnet come into being, with a view to going live in January 2021.\n“We will have the smart contract layer ready and then we will see which corporations will build on it,” said Fønss Schrøder. “It will be very interesting. I don’t think we will disappoint you.”\n• Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?\n• Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?", "Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain. The most striking thing about Concordium , which launches its third testnet next month, is the way it pushes what was once anathema to big corporates: public and permissionless blockchains. Businesses, wary of tipping their hands and giving away any competitive advantage, have traditionally preferred the idea of private and permissioned blockchains. But many advocates of blockchain tech believe only open systems hold true transformational promise. The oft-cited analogy centers on the relevance of internet versus intranet. Related: 'Boring Is the New Exciting': How Baseline Protocol Connected With 600 Corporates Read more: ‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates Toeing the line between the privacy requirements of regulated businesses and full-broadcast blockchains like those of Bitcoin and Ethereum has led some very smart people to opt for an attenuated architecture when it comes to distributed ledgers. However, Concordium is confident it has found a third way, keeping sensitive data private using a clever identity and zero-knowledge-proof (ZKP) system, providing firms with a safe, flexible option to deploy open blockchains. The momentum around projects like Baseline Protocol, which now has some 600 big firms using it , is a solid indicator ZKP tech is ready for prime time. ‘Something totally new’ Related: ConsenSys Acquires JPMorgan's Quorum Blockchain According to Concordium CEO Lone Fønss Schrøder, sometimes you need a permission-based ledger; but in order to realize new business models, it has to come in combination with baked-in permissionless possibilities. “I think that’s really what large corporations are looking for,” said Fønss Schrøder. “If you look at Hyperledger, for example, or R3, I don’t think it is blockchain in the sense of really providing something new. It’s not decentralized. Companies are seeing it as just another way to do their mainframe applications. But when you talk about permissionless blockchain, it’s something totally new.” Story continues Blockchain today simply doesn’t meet the needs of corporations, says Fønss Schrøder, and a lack of permissionless flexibility has led to no uptick in business adoption. Concordium’s chief marketing manager, Beni Issembert, went further: Businesses underwhelmed by today’s enterprise blockchain offerings are squarely in Concordium sights. “Businesses that are open-minded feel a lot of frustration and desolation when it comes to using Hyperledger and R3 Corda. And we are talking to those disappointed businesses,” Issembert said. Big-name partners It would be easy to write Concordium off as some kind of naive newcomer – both R3 and Hyperledger declined to comment on the Concordium white paper. But the project, which has its roots in Denmark, features an impressive cast of players from business and academia. On the science side, Concordium’s research center at Denmark’s Aarhus University is run by widely cited cryptographer Ivan Damgard. Last September, Torben Pr Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,403,967,900 - Hash Rate: 112592821.26339708 - Transaction Count: 328157.0 - Unique Addresses: 702891.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 /PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it's novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty. On August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards. In less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September's mainnet launch. Designed for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining. The product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN. Inspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain. About PlotX PlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w. The PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas. Founded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor. For more information seehttps://www.plotx.io/ Media Contact: Dan [email protected]+972-545-464-238SOURCE: PlotX View source version on accesswire.com:https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.12% on Thursday. Reversing a 1.15% gain from Wednesday, Bitcoin ended the day at $11,343.0.\nA bearish start to the day saw Bitcoin fall to a mid-day low $11,290 before making a move.\nSteering clear of the first major support level at $11,279, Bitcoin struck an early afternoon intraday high $11,609.0.\nComing up against the first major resistance level at $11,605, Bitcoin slid to a late afternoon intraday low $11,145.0.\nBitcoin fell through the first major support level at $11,279 before recovering to $11,300 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Thursday.\nBinance Coin and Monero’s XMR bucked the trend on the day, rising by 4.05% and by 0.72% respectively.\nIt was a bearish day for the rest of the pack, however.\nCardano’s ADA slid by 6.21% to lead the way down.\nBitcoin Cash ABC (-4.60%), Bitcoin Cash SV (-4.07%), EOS (-4.47%), Litecoin (-3.44%), Ripple’s XRP (-4.37%), Stellar’s Lumen (-4.44%), Tezos (-4.32%), also saw heavy losses.\nEthereum (-0.74%) and Tron’s TRX (-2.12%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $338.20bn.\nBitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.77%.\nAt the time of writing, Bitcoin was down by 0.28% to $11,311.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,367.0 to a low $11,308.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 1.15%.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Tezos was down by 2.07% to lead the way down.\nBitcoin would need to move through the pivot level at $11,366 to support a run at the first major resistance level at $11,586.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,830.\nFailure to move through the $11,366 pivot level would bring the first major support level at $11,122 into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level sits at $10,902.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Continue Higher\n• Crude Oil Price Update – Needs to Hold Above $42.01 to Sustain Upside Momentum\n• Economic Data Puts the EUR, the Loonie, and the Greenback in Focus\n• The Crypto Daily – Movers and Shakers – August 28th, 2020\n• US Stock Market Overview – Stocks Rise Led by Financials as Yields Moved Higher\n• S&P 500 Price Forecast – Stock Markets Get Extended Even Further', 'Bitcoin, BTC to USD, fell by 1.12% on Thursday. Reversing a 1.15% gain from Wednesday, Bitcoin ended the day at $11,343.0. A bearish start to the day saw Bitcoin fall to a mid-day low $11,290 before making a move. Steering clear of the first major support level at $11,279, Bitcoin struck an early afternoon intraday high $11,609.0. Coming up against the first major resistance level at $11,605, Bitcoin slid to a late afternoon intraday low $11,145.0. Bitcoin fell through the first major support level at $11,279 before recovering to $11,300 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Binance Coin and Monero’s XMR bucked the trend on the day, rising by 4.05% and by 0.72% respectively. It was a bearish day for the rest of the pack, however. Cardano’s ADA slid by 6.21% to lead the way down. Bitcoin Cash ABC (-4.60%), Bitcoin Cash SV (-4.07%), EOS (-4.47%), Litecoin (-3.44%), Ripple’s XRP (-4.37%), Stellar’s Lumen (-4.44%), Tezos (-4.32%), also saw heavy losses. Ethereum (-0.74%) and Tron’s TRX (-2.12%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $338.20bn. Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.77%. This Morning At the time of writing, Bitcoin was down by 0.28% to $11,311.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,367.0 to a low $11,308.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 1.15%. Story continues It was bearish for the rest of the majors, however. At the time of writing, Tezos was down by 2.07% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,366 to support a run at the first major resistance level at $11,586. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,830. Failure to move through the $11,366 pivot level would bring the first major support level at $11,122 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level sits at $10,902. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Continue Higher Crude Oil Price Update – Needs to Hold Above $42.01 to Sustain Upside Momentum Economic Data Puts the EUR, the Loonie, and the Greenback in Focus The Crypto Daily – Movers and Shakers – August 28th, 2020 US Stock Market Overview – Stocks Rise Led by Financials as Yields Moved Higher S&P 500 Price Forecast – Stock Markets Get Extended Even Further', 'Tesla Inc(NASDAQ:TSLA)\xa0CEO Elon Musk\xa0confirmed late Thursday that the automaker was the subject of a hacking attempt by a Russian national\xa0and his co-conspirators.\nWhat Happened:"This was a serious attack," the billionaire entrepreneur said in response to amedia reportrelated to the attempted hacking on Twitter.\nAcomplaintwas filed this week by prosecutors in Nevada against Egor Igorevich Kriuchkov, a Russian national,\xa0who allegedly conspired to recruit an employee at an unnamed company, in order to surreptitiously install malware on its computers.\nMusk\'s tweet confirms the company detailed in the lawsuit is, in fact, Tesla.\nKriuchkov approached the employee who had access to the company’s computers throughFacebook Inc(NASDAQ:FB) owned WhatsApp messaging app on July 16 to arrange a visit to its Nevada location, prosecutors allege.\nThe complaint states that Kriuchkov and a group of Tesla employees were in touch with each other between August 1-3 and went on a trip to Lake Tahoe, where the alleged hacker refused to be photographed.\nSubsequent to the excursion, which was paid for by Kriuchkov, the Russian national asked to do “business.”\nWhen the employee met Kriuchkov subsequently at a bar on Aug. 3, he was asked to install malware on his company’s computers, which would exfiltrate data and release to the Russian’s group, the complaint alleges.\nThe two met subsequently at another location in a vehicle and were observed by the agents of the Federal Bureau of Investigation as the employee had consented to the surveillance. During this meeting, the alleged hacker made an inducement of $1 million in cash or Bitcoin to the employee, raising the amount from a proposed $500,000 earlier during their discussions at the bar.\nOn August 19, the employee wearing a listening device from the FBI met with Kriuchkov, who offered him a $11,000 advance. The alleged hacker then told the Gigafactory worker that the project was delayed and related payments would be made at a later time as well. The FBI in the meantime got in touch with Kriuchkov, who attempted to leave the United States and was arrested on Aug. 22 in Los Angeles, the prosecutors said.\nWhy It Matters:The Russian and his co-conspirators planned to hold the target company forransomand reveal the data they obtained through illegal means, according to the complaint.Musk said the employee\'s efforts in helping thwart the hack attempt were "much appreciated."\nLast month, a “spear-phishing” attack onTwitter Inc’s(NYSE:TWTR) was said to be responsible for the compromise of several high-profile social media accounts on that platform including that of Musk and former President Barack Obama.\nPrice Action:Tesla shares closed nearly 4% higher at 2,238.75 on Thursday and gained 0.37% in the after-hours session.\nPhoto Courtesy: Steve Jurvetson on Flickr.\nSee more from Benzinga\n• EV Maker Rivian Taps Former Tesla Exec As Top Engineer, Despite Employee Poaching Lawsuit\n• Nikola CEO Says He\'s Giving Away 3M Worth Of Personal Shares To Employees\n• Musk Says Tesla\'s Battery Capacity Could Almost Double In Three To Four Years\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Tesla Inc (NASDAQ: TSLA )\xa0CEO 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: 2020-08-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,673,742,884 - Hash Rate: 142268448.57312962 - Transaction Count: 352722.0 - Unique Addresses: 720277.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Since the end of 2017, the conventional thinking was that well-heeled financial institutions would take the reins from retail investors, becoming the driving force and primary investor class in crypto. But a report out last week from derivatives exchange ZUBR argues retail investors are not just here to stay, they could end up absorbing more than half of bitcoin’s daily fresh supply in as little as four years. You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets “By the time the next reward [halving] era comes around in 2024, retail could potentially account for eating up over 50% of the physical supply,” the report predicts. Using data from analytics firm Chainalysis, ZUBR found the number of wallet accounts holding small whole balances, anywhere between 1 to 10 bitcoins – sizes that suggest retail rather than institutional – had risen rapidly. Since bitcoin hit its all-time high at the end of 2017, the number of “retail” wallet holders more than doubled, reaching 215,000 by the start of June 2020. In total, these entities hold over 500,000 bitcoin (~$4.6 billion), up over 100,000 since the start of 2019. Related: Bitcoin Facing Greater Price Volatility Than Ether in Q3, Options Market Data Suggests On average, 144 bitcoin blocks are mined every day. After the next halving in 2024, about 450 bitcoin will enter circulation each day. Assuming demand continues at its present trajectory over the next four years, ZUBR estimates the amount of new bitcoins demanded daily by retail investors could be at around 250 – well over half the daily supply four years from now. Story continues And that’s only wallet addresses with whole numbers. Adding in wallets with fractional balances and daily demand could be even higher. ZUBR also excluded crypto held in exchange accounts from its study. At the start of the year, approximately 1,800 new bitcoins entered into circulation each day. Since the block reward fell from 12.5 to 6.25 in mid-May, the daily bitcoin supply has dropped to just 900. Assuming the same level of mining activity, daily supply will likely fall down to just 225 bitcoin by the end of the decade. These supply pressures make a highly bullish case for bitcoin, said Jason Deane, analyst at Quantum Economics. “Bitcoin has a perfect supply curve, total (maximum) supply is always known, and it can only be lower due to lost coins,” he told CoinDesk. Although bitcoin’s total supply stands at around 21 million, the estimated number of coins believed to have been lost or otherwise irrecoverable ranges between 1.5 million, according to CoinMetrics , or even as high as 4 million, according to Unchained Capital . That puts even greater pressure on supply. But the real variable is demand. Should this continue to increase, there will come a point when it will outpace supply, causing bitcoin’s price to rise. A rising price might help burnish bitcoin’s credentials as a store of value asset; possibly creating a virtuous circle where price increases help bolster the store of value narrative which, in turn, leads to further price increases. Indeed, going back to ZUBR’s research, this virtuous circle may already be present. Since the start of 2020, balances for retail-sized entities have grown continuously month on month. Despite unprecedented market volatility – bitcoin’s price fell nearly 40% in March – there has not yet been a month so far this year where the total amount of bitcoin held in retail-sized wallets has decreased. Zooming out, there hasn’t been a month of net decline since April 2019. Going out even further, there have only been five months since the mining of the “genesis block”, more than 11 years ago, where the monthly amount of retail balances of bitcoin have decreased, rather than grown. This natural “hodling” mentality might suggest that retail investors, as an investor class, see bitcoin as a natural store of value, rather than a medium of exchange, and are, therefore, hoarding as much as they can, anticipating further price increases. Indeed, events such as “Black Thursday” on March 12, which temporarily took the bitcoin price down below $5,000, might have been seen more as a unique buying opportunity, rather than an existential threat to the cryptocurrency. In fact, some institutions and brokerages told CoinDesk at the time they were offloading as much of their bitcoin as possible onto retail investors, some buying for the first time, who were buying up to two to three times as much as they were normally. According to Deane, this should come as no surprise. If you assume that demand is going to continue rising, just as daily supply continues to fall, it’s reasonable that retail investors may be buying in anticipation of further price hikes. The market may soon be at the point where instead of dealing in bitcoins, many small-time traders will instead be buying in “satoshis,” bitcoin’s smallest divisible unit at approximately 0.00000001 BTC (currently around 0.009 of a cent). “Obtaining a whole bitcoin will be very difficult in the future and most people will only deal in satoshi, which will almost certainly become the norm, especially for individuals,” Deane said. Tweet of the day Bitcoin watch BTC : Price: $9,106 ( BPI ) \| 24-Hr High: $9,190 \| 24-Hr Low: $9,025 Trend : Bitcoin’s price bounce from lows below $8,850 seen over the weekend has run out of steam, and the cryptocurrency looks vulnerable to deeper declines. At press time, bitcoin is trading near $9,100, having faced rejection around $9,200 during Sunday’s U.S. trading hours. On the hourly chart, a bearish trendline connecting the June 22 and June 24 highs is still intact. Meanwhile, the relative strength index (RSI) has fallen back into bearish territory below 50. The MACD, too, has crossed into the negative territory. The same indicators are also reporting bearish conditions on the daily and three-day charts. In addition, the weekly chart shows signs of uptrend exhaustion: Bitcoin has been above a trendline connecting the June 2019 and February 2020 highs (yellow line) for six weeks. Even so, buyers are failing to step in. As a result, a retest of the weekend low of $8,830 cannot be ruled out. A violation there would expose deeper support levels lined up at $8,630 (May 24 low) and $8,638 (50-week moving average). On the higher side, immediate resistance is seen at $9,172, the hourly chart’s bearish trendline. Above that, the focus would shift to $9,344 (a lower high on the hourly chart). The overall bias would turn bullish only after a move above $10,000. Related Stories First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing) First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0. A bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0. Steering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586. A late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Binance Coin slipped by 0.13% to buck the trend on the day. It was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way. Bitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support. Bitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn. Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%. This Morning At the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support. Story continues It was bearish for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736. A fall through the $11,472 pivot level would bring the first major support level at $11,376 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Weekly Price Forecast – US Dollar Continue Showing Weakness Gold Price Prediction – Prices Rise as Consumer Spending Increases Natural Gas Price Forecast – Natural Gas Markets Stall Heading Into the Weekend Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping Geopolitics, COVID-19 Updates, and Monetary Policy Drove the Markets Silver Price Forecast – Silver Markets Continue to Reach Towards Resistance', 'Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0.\nA bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0.\nSteering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586.\nA late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBinance Coin slipped by 0.13% to buck the trend on the day.\nIt was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way.\nBitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support.\nBitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn.\nBitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%.\nAt the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736.\nA fall through the $11,472 pivot level would bring the first major support level at $11,376 into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Weekly Price Forecast – US Dollar Continue Showing Weakness\n• Gold Price Prediction – Prices Rise as Consumer Spending Increases\n• Natural Gas Price Forecast – Natural Gas Markets Stall Heading Into the Weekend\n• Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping\n• Geopolitics, COVID-19 Updates, and Monetary Policy Drove the Markets\n• Silver Price Forecast – Silver Markets Continue to Reach Towards Resistance', 'Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry\nOn The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing.\nAt the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side,Bitcoinon the other – that are attracting people for a different vision of the future.\nSee also:Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nMonday \|How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze\nRelated:US Stocks Closing on Bigger August Gain Than Bitcoin\nTuesday \|An Unintended Consequence of Low Interest Rates? The Big Get Bigger\nWednesday \|The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes\nThursday \|Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nFriday \|The Anxiety Index: 4 Fear Factors Shaping the Economy\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• The End of an Era? Why Bitcoin and MMT Won the Week\n• The End of an Era? Why Bitcoin and MMT Won the Week', 'Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry\nOn The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing.\nAt the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side,Bitcoinon the other – that are attracting people for a different vision of the future.\nSee also:Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nMonday \|How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze\nRelated:US Stocks Closing on Bigger August Gain Than Bitcoin\nTuesday \|An Uninten Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,673,742,884 - Hash Rate: 127430634.91826336 - Transaction Count: 292783.0 - Unique Addresses: 617518.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: China’s push to roll out a digital version of its yuan isn’t likely to end the U.S. dollar’s century-long reign as the dominant currency for international payments and central bank reserves. But it could make a dent. That’s the conclusion of foreign-exchange analysts at Bank of America, who argue a Chinese digital currency might be welcomed by regional trading partners as payments become increasingly electronic. You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Related:China's Uber, DiDi, to Trial PBoC's Central Bank Digital Currency China appears well ahead of the U.S. in developing a central bank digital currency, or CBDC, the Bank of America analysts wrote in a June 30 report. Federal Reserve Chair Jerome Powell, who said last year the U.S. central bank had “not identified potential material benefits” of a general-purpose digital dollar, told Congress in June that officials are “working hard” on the issue. Yet, the Agricultural Bank of China, one of the nation’s four state-owned banking giants, isalready trialing a test interface for the digital yuan, CoinDesk reported in April. It goes without saying the spread of the coronavirus has inspired a newfound repugnance forgermy cash. “China seems likely to have a clear first-mover advantage in its adoption of CBDCs, both in terms of timing and usage,” the Bank of America analysts wrote. A digital yuan could increase the Chinese currency’s use in international commerce “even if it doesn’t immediately disrupt the USD’s dominant role in global finance.” Related:FATF Under Germany: Expand Digital AML/CTF Efforts The advent of digital-asset technologies has combined with the coronavirus-induced economic crisis to raise nagging questions about whether thedollar’s undisputed reign as the de facto global reserve currencymight be due for a reckoning. The dollar accounts for some 62% of global central banks’ foreign-exchange reserves. As reported by First Mover on Monday, the German lender Deutsche Bank wrote in a report last week that a reelection victory byU.S. President Donald Trump could undermine the dollar’s dominant rolein the long term, given his willingness to spurn multilateral organizations including the International Monetary Fund and World Bank. Such organizations have played a key role in the post-World-War-II order that helped enshrine the dollar’s premier status. The U.S tender isclosely watched in digital asset marketsbecause it’s the most common price denomination for cryptocurrencies likebitcoinandetheras well as the backing for a fast-growing breed of digital tokens known as stablecoins. “The present-day experience is more of discord and less in favor of multilateralism,” the analysts wrote. “We are seeing more rivalry in areas such as trade and technological dominance.” It’s worth noting China closely manages the yuan’s exchange rate against the dollar, so a digital version of the nation’s currency – also known as the renminbi, or RMB – could trade similar to a dollar-linked stablecoin. China has struggled to increase its currency’s usage in international commerce. Since, 2016, when the yuan was incorporated into an IMF international reserve asset, the Chinese currency’s penetration of global foreign-exchange reserves has doubled to a paltry 2%, as noted by the Bank of America analysts. Some 63% of Chinese banks’ cross-border claims are denominated in dollars, nearly identical to the proportion for U.S. lenders, the analysts wrote. “The internationalization of the RMB is happening, but the growth rate has been uneven and not as rapid as some may think,” according to the report. The Bank of America report comes as China’s digital yuan is attracting growing attention from top monetary economists and cryptocurrency-industry executives. The dollar’s hegemony is also under question, following the foreign-exchange turmoil that has sentemerging-market currencies plungingthis year, saddling the world’s poorest countries with rising costs for imported consumer goods and elevated interest payments on international debt. Many bitcoin investors say the Federal Reserve’s roughly $3 trillion of money injections this year – with likely more to come – could end up debasing the dollar’s purchasing power. Jeremy Allaire, co-founder and CEO of Circle, which backs the dollar-linked stablecoin USDC, said on a podcast last week that China’s development of a digital currency has effectively “created a model where a household, a firm, a nation state can kind ofdirectly transact and settle with China over the internet,” effectively bypassing payment systems in the U.S. sphere of economic influence. Former U.S. Treasury Secretary Lawrence Summers, a guest on the podcast, said he doubted China would make it the digital yuan flexible enough to allow its citizens to freely move wealth and resources out of the country. “And I think a system that is so restricted that it isn’t possible to do that isn’t going to be much of a global digital currency,” he said. The Bank of America analysts noted that several Asian countries, includingThailand, Singapore andSouth Koreaare assessing their own digital currencies, which might become integrated with yuan-based payment systems, “especially if it entails significantly lower transaction costs and real-time transfers.” “Ultimately, this is likely to be the actual (and more realistic) objective for China than a serious attempt to displace the USD’s status as the global reserve currency,” the analysts wrote. It might be that the only serious threats to the dollar’s reign would come from within the U.S. BTC: Price: $9,250 (BPI) \| 24-Hr High: $9,374 \| 24-Hr Low: $9,192 Trend: Bitcoin is feeling the pull of gravity at press time, having faced rejection at key technical hurdle early on Tuesday. After prices failed to cut through the 50-day moving average hurdle at $9,385 during the Asian trading hours, the cryptocurrency is now trading at $9,250, representing a 1% decline on the day. The pullback from the 50-day MA hurdle has neutralized the immediate bullish view put forward by Monday’s 3% gain. Bitcoin jumped to $9,350 yesterday, confirming an upside break of the narrow trading range of $8,830–$9,300 seen in the nine days to July 5. In addition, Monday’s price gains confirmed signals of potential gains from the repeated dip demand below $9,000 seen over the past two weeks. A move above the 50-day MA of $8,385 would revive the bullish bias signaled by Monday’s 3% rally and open the doors to $10,000. On the downside, the weekly opening price of $9,077 is the level to defend for the bulls. A violation there could yield a quick drop to the 50-week MA at $8,632, with the 5- and 10-week MAs having produced a bearish crossover, the first since early March. • First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race • First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race... - Reddit Posts (Sample): [['u/Xanaxtastrophy', 'Running a Full Node', 24, '2020-08-29 01:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/', 'I’m planning on buying bitcoin in lump sums over the next few months and then hodling for decades.\n\nIs it worth running my own full node? \n\nIt seems at every turn in this process I hear about a new way that your BTC is vulnerable and will likely be lost because you aren’t doing these things. Trezor isn’t secure, only Coldcard is truly safe. Web wallets are terribly insecure because your private key is exposed, airgapped is the only way to go. And now I’m learning trusting a wallet to send a receive bitcoin is irresponsible and dangerous and you should only ever use Bitcoin with your own full node.\n\nMy plan was to buy Bitcoin on an exchange, transfer it to a hardware wallet, protect the hell out of my seed phrase, and HODL for life. Can anyone give me advice on what I should and shouldn’t be doing in that process?', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/', 'iihjha', [['u/bitusher', 21, '2020-08-29 01:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/g36r3ib/', '>Is it worth running my own full node?\n\nAbsolutely!\n\nHere is why --\n\nRunning software that fully validates all the rules like - https://btcinformation.org/en/wallets/desktop/windows/bitcoincore/\n\nArchival full nodes contain the full blockchain and allow new nodes to bootstrap from them . Current blockchain size is ~300GB for an archival node\n\nPruned nodes can get down to around 5GB , and have all the same security and privacy benefits of archival nodes but need to initially download the whole blockchain for full validation before deleting it (It actually prunes as it validates)\n\nYou are only truly p2p if you are running a full node . running light clients depend upon you trusting a middleman and typically only validate block headers. Light clients are exposed to many more threats full nodes are not. There are also privacy concerns with light clients that full nodes are secure against. The whitepaper only suggests SPV "light" nodes in the context of fraud alerts(proofs) existing but thus far none exist and therefore you shouldn\'t trust large amounts of btc with a light client.\n\nThe most secure , "active" wallet would be a hardware wallet integrated with a full node . One way to do this easily is to run your own electrum server https://github.com/chris-belcher/electrum-personal-server https://www.youtube.com/watch?v=1JMP4NZCC5g and than integrate electrum wallet with your HW wallet and connect to your electrum server. A new solution is Blockstream green which works with ledger , trezor one , and trezor model T https://www.youtube.com/watch?v=nkQ_LXEuSVg\n\nThere are close to 43k full nodes on the bitcoin network .(Some sites show much lower numbers because they exclude most non listening full nodes. )\n\nHere is the stats – \n\nhttp://luke.dashjr.org/programs/bitcoin/files/charts/software.html\n\nhttp://luke.dashjr.org/programs/bitcoin/files/charts/services.html\n\nHere are all the rules that full nodes validate that light clients almost completely skip-\n\nhttps://en.bitcoin.it/wiki/Protocol_rules\n\nThin client / Psuedo SPV weaknesses\nThis is not an exhaustive list and there are many more concerns than this -\n\n1.\tAs we saw in 2017 year Garzik and segwit2x supporters were deliberately attempting to undermine pseudo-SPV nodes/light clients by imposing rule changes that users did not necessarily agree to or where even aware of . Full nodes were immune to this attack vector. light clients would simply follow the most worked chain even if they disagreed with these changes and would also lose out on their ability to claim both sides of the split thus also losing money. \n\n2.\tlight clients fail in privacy for many reasons . They are using a backend server to show you your wallet balances. This immediately links together all your wallet addresses to them. Bloom filtering SPV wallets like Bread wallet, AirBitz are however different, they don’t use a backend server, rather they are leaking information to every blockchain analysis company, who are crawling the Bitcoin network for their bloom filters. \n\n3.\tLight clients fail to validate most of these security rules https://en.bitcoin.it/wiki/Protocol_rules and therefore must trust a middleman or third party and thus can essentially be manipulated by this company and a multisig of large miners unlike full nodes. This is no longer p2p cash by definition. If you are running a full node it doesn\'t matter if 100% of the miners try and subvert the rules you agree to , they cannot force you to accept blocks or changes you don\'t agree to . It is absolutely critical we enforce and respect the rights of individual bitcoin users.\n\n4.\tVarious sybil attacks can be used in conjunction with lie by omission and say that a block isn\'t there when it actually is--a sort of denial of service attack. \n\nFurther reading on light client security assumptions -\n\n\nhttps://bitcoinj.github.io/security-model\n\nhttps://arxiv.org/pdf/1706.00916.pdf\n\nhttps://bitslog.wordpress.com/2018/06/09/leaf-node-weakness-in-bitcoin-merkle-tree-design/\n\nhttps://www.youtube.com/watch?time_continue=16148&v=UVuUZm4l-ss (Peter Todd sends himself 21 million BTC with a thin client)\n\nhttp://www.truthcoin.info/blog/fraud-proofs/', 'iihjha'], ['u/Xanaxtastrophy', 14, '2020-08-29 01:30', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/g36sz1e/', 'Jesus Fucking Christ I have so much to learn. Thank you for this info dump, I appreciate you taking them time. I will definitely look into this.', 'iihjha']]], ['u/[deleted]', 'The Brilliant Satoshi Nakamoto responded to Quantum Computer FUD 11 years ago', 79, '2020-08-29 03:48', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/', "1. “SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack.”\n2. “If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.”\n\nSource: https://bitcointalk.org/index.php?topic=191.msg1585#msg1585\n\nAnd keep in mind that this is worst case situation, as if Quantum computers came unsuspectedly years earlier- I think lamport signature or other solutions could easily be implemented before any trouble comes.", 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/', 'iik34k', [['u/Manticlops', 21, '2020-08-29 03:58', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g3782u4/', ">I think lamport signature or other solutions could easily be implemented before any trouble comes.\n\nRight, and the state of the art is evolving relatively rapidly, so it's not like we'd want to lock in a particular solution decades early.", 'iik34k'], ['u/mbrochh', 18, '2020-08-29 04:56', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g37dqqv/', 'Besides, quantum computers would break all banking and government secrecy.\n\nYou can be sure that more and smarter engineers will be thrown at that problem than the Y2K bug - which turned out to be a total nothingburger in the end thanks to all the preparations.', 'iik34k'], ['u/xboox', 10, '2020-08-29 05:52', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g37j1om/', 'Quantum computers (if they ever come out of the sci-fi realm) will break ECDSA (public key signing) & yes all modern ssh/ssl systems everywhere. \nSHA256 is not susceptible to QC. He was talking about some other theoretical weakness in the hashing function. And yes he suggested great workarounds.', 'iik34k']]], ['u/jonald_fyookball', 'Showerthought: Bitcoin Cash lack of governance structure in the protocol is a feature, not a bug.', 45, '2020-08-29 03:52', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/', 'Discuss.', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/', 'iik546', [['u/GiveMeYourArdMone', 10, '2020-08-29 05:00', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/g37e5ah/', "Well said. Any IFP is a bad IFP. The reason that Satoshi didn't include an IFP tax into Bitcoin was very intentional and wise.", 'iik546']]], ['u/JonBoy82', 'After reaching your BTC goal', 14, '2020-08-29 03:58', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/', "Did you change your investment strategy after reaching your BTC goal? I DCA'd to my goal and I was wondering if anyone changed their strategy after reaching theirs.", 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/', 'iik897', [['u/senfmeister', 15, '2020-08-29 04:02', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g378ke9/', 'My goal is 21,000,000.', 'iik897'], ['u/seamonster82', 10, '2020-08-29 04:12', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g379hew/', 'Then it would be worthless', 'iik897'], ['u/seamonster82', 34, '2020-08-29 04:12', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g379jfu/', "It's never enough. You reach your goal and want more an hour after.", 'iik897'], ['u/Manticlops', 12, '2020-08-29 04:27', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g37aytz/', 'Unless anyone else has the same goal.', 'iik897'], ['u/xtal_00', 11, '2020-08-29 04:51', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g37db00/', 'What am I going to do? S... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3. Falling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0. Steering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels. A bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Binance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 6.34% to lead the way. EOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn. Bitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%. This Morning At the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4. Bitcoin broke through the first major resistance level at $11,582 early on. Elsewhere, it was also a bullish start to the day. Story continues At the time of writing, Tron’s TRX was up by 5.15% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4. Barring an extended crypto rally, the second major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829. A fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360. This article was originally posted on FX Empire More From FXEMPIRE: US Stock Market Overview – Stock Rise Led by Energy Shares as Nasdaq and S&P Hit Weekly All-time Highs The Crypto Daily – Movers and Shakers – August 30th, 2020 U.S Mortgage Rates Hit Reverse. Record Low Rates Continue to Drive Buyer Demand Gold Price Prediction – Prices Rise as Consumer Spending Increases Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping', 'Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3.\nFalling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0.\nSteering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels.\nA bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nBinance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nCardano’s ADA rallied by 6.34% to lead the way.\nEOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn.\nBitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%.\nAt the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4.\nBitcoin broke through the first major resistance level at $11,582 early on.\nElsewhere, it was also a bullish start to the day.\nAt the time of writing, Tron’s TRX was up by 5.15% to lead the way.\nBitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4.\nBarring an extended crypto rally, the second major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829.\nA fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360.\nThisarticlewas originally posted on FX Empire\n• US Stock Market Overview – Stock Rise Led by Energy Shares as Nasdaq and S&P Hit Weekly All-time Highs\n• The Crypto Daily – Movers and Shakers – August 30th, 2020\n• U.S Mortgage Rates Hit Reverse. Record Low Rates Continue to Drive Buyer Demand\n• Gold Price Prediction – Prices Rise as Consumer Spending Increases\n• Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand\n• Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping', 'On the Macro It’s a busy week ahead on the economic calendar , with 75 stats in focus in the week ending 4 th September. In the week prior, 47 stats had been in focus. For the Dollar: It’s yet another busy week ahead on the economic data front. In the first half of the week, the focus is on August’s ISM Manufacturing PMI and ADP nonfarm employment change figures. Following the impressive Markit survey numbers, the market’s preferred ISM survey will need to be aligned. With sensitivity to labor market conditions remaining high, expect the ADP numbers to also influence. It’s a busier 2 nd half of the week. On Thursday, the ISM Non-manufacturing PMI and weekly jobless claims figures will be key drivers. The focus will then shift to August’s non-farm payrolls and unemployment figures. Any weak numbers and expect risk aversion to sweep across the markets. The Dollar Spot Index ended the week down by 0.94% to 92.371. For the EUR : It’s a busy week ahead on the economic data front. On Tuesday, August manufacturing PMIs for Italy and Spain, and German unemployment figures are due out. Finalized PMIs for France, Germany, and the Eurozone will also draw attention. The focus will then shift to July retail sales figures for Germany on Wednesday, ahead of a busy Thursday. August’s service sector PMIs for Italy and Spain and finalized PMIs for France, Germany, and the Eurozone will also be of interest. Expect the Eurozone’s services and composite PMIs to be the key drivers, however. At the end of the week, German factory order numbers for July will also influence. Expect unemployment and retail sales figures for the Eurozone and prelim August inflation figures for member states to have a muted impact. The EUR/USD ended the week up by 0.90% to $1.1903. For the Pound: It’s a relatively quiet week ahead on the economic calendar . Finalized private sector PMIs for August are in focus in the week. Story continues Any revisions to the prelim figures need to be considered. Expect the services PMI to have the greatest influence in the week. On Friday, August’s BTC Retail Sales Monitor will also draw interest. From the Bank of England, BoE Gov. Bailey is scheduled to speak late on Thursday. The GBP/USD ended the week up by 2.00% to $1.3352. For the Loonie: It’s a busy week ahead on the economic calendar . In the early part of the week, July’s RMPI will influence on Monday. The focus will then shift to July trade figures on Thursday and August’s employment and Ivey PMI numbers on Friday. We would expect August’s employment change figure to have the greatest significance. The Loonie ended the week up by 0.59% to C$1.3099 against the U.S Dollar. Out of Asia For the Aussie Dollar: It’s a busy week ahead on the economic calendar. Early in the week, 2 nd quarter company gross operating profits, July private sector credit, and the AIG Manufacturing Index are in focus. The focus will then shift to 2 nd quarter GDP numbers on Wednesday. Finally, July trade data on Thursday and retail sales figures on Friday will also draw plenty of attention. On the economic data front, expect the GDP and retail sales figures to be the key drivers. The RBA has continued to raise uncertainty regarding consumption, which it sees as key to any economic recovery. On the monetary policy front, the RBA is also in action on Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,911,846,747 - Hash Rate: 110847196.12753049 - Transaction Count: 269114.0 - Unique Addresses: 555079.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: When I answer the phone, Zephyr Teachout quickly explains our call might be shorter than planned. Both she and I are at the whim of her two-year-old toddler, who is sleeping and could wake at any time. Teachout, a law professor at Fordham University in New York, is best known for her runs for governor of the state and for Congress from New York’s 19th district (both races she lost). She has also written numerous books, including her latest,“BREAK ‘EM UP: Recovering Our Freedom from Big Ag, Big Tech, and Big Money.”Our discussion comes the day after historic Big Techantitrust hearingsin Congress. Teachout sees the antitrust discussion as a flashpoint for understanding how democracy and corruption collide. To her, concentrations of private power, as with the Big Tech companies, can’t be fixed with, say, campaign finance reform. These companies are a threat to the public sphere and our ability as individuals to make decisions about the future. Related:Central Banks Are Privacy Providers of Last Resort We discussed the antitrust hearings in Congress, what she means by a “f–k-off economy,” and the “parallel governments” that massive companies have created for users of their services. She is not currently knowledgeable about blockchain and cryptocurrency, but sees them as potentially useful tools for achieving economic decentralization. Our conversation has been edited for length and clarity. What was your reaction to the six-hour antitrust hearings yesterday? Wow. It was a beautiful thing. Congressman David Cicilline [D-R.I.]was totally clear: “This is about democracy versus monopoly. You guys work for us. We’re serious. We’re going to do serious things. And we have some questions.” He had this totally electrifying tone. Related:Community Behind Privacy-Focused Smart Contract Forges Ahead After Settlement And the committee came prepared. They had documents and they focused on the evidence at hand. It couldn’t have been more different than the Mark Zuckerberg Senate hearing after the Cambridge Analytica scandal, where senators were impressed with his earnestness and just made polite requests of him. See also:Why We Need a Federal Privacy Law We have to see the documents to see whether actions these companies took are in fact illegal under current antitrust law. But there is evidence that suggests violations of existing antitrust laws and evidence of things that aren’t violations of laws but are deeply disturbing, for example where platforms use their power to copy or bully other companies. What’s a striking example of that bullying power? Amazon. [CEO Jeff] Bezos’ first answer as to whether they used their access to data to launch and boost their own competing products was “No.” And then there’sgreat reportingthat said the answer should be yes. So Bezos said, ‘Well, our policy is no, but I can’t promise you it’s not done.’ Everybody understands that to sell online, you need to go through Amazon. Sellers truly do not have a choice unless they happen to start with a million dollars and want to make one. Now there’s a growing understanding that Amazon has this data insight into the companies that depend on it, and is directly competing with them. Bezos then was forced to make the concession that seemed clear all along: that these companies are competitors rather than partners. There is no such thing as no-governance regimes. He always talks about the great partnerships, and I was reminded of the mob. Partnership can be a very loaded term depending on whom you’re talking to. Obviously, the best way to stop companies like Amazon from doing that is by mandating that you’re either the platform or you’re competing on the platform. You can’t be both. You need structural responses like that, otherwise, you’re just playing whack-a-mole. How do monopolistic companies create parallel government structures? There are clearly forms of private government that are smuggled inside our current public government and growing in power. If you ask somebody who is an Amazon seller what judicial system they care about, they care a lot about Amazon’s system and their own mechanisms for delisting sellers. These companies have their own intellectual property regime, their own punishment regime, and that is as important if not more so than the public one if you are caught within the web of one of these private, growing governments. See also: Thibault Schrepel–Blockchain Code Can Fill In When Antitrust Law Fails This is a very old idea that we just forgot in 1980, but understood for most American history. It’s that private power always tends to form into a government of itself. And all governments have judicial systems. Sometimes systems are internal to the company, like Amazon’s appeals processor or Facebook’s content moderation system, about whether you get to be on the platform or not. They also use the tool of arbitration, where a company is paying judges (or employees) who then don’t have to follow the rules of making evidence public. These mechanisms of arbitration and secret decision making make it really hard for people to tell stories about what’s actually happening inside these private regimes. Mark Zuckerberg has said Facebook is nowmore like a government than a traditional company. The funny thing is these guys basically tell you they want to be a government all the time. It’s like Oprah Winfrey used to say, “If you listen really closely, people tell you who they are and who they’re going to be.” They all say, “We want to govern you,” and because they are in an economic sphere, we don’t hear that as “Alexander the Great is coming for democracy.” But that’s what they’re doing. You bring up decentralization a lot in the book. How might cryptocurrencies play a role in that? I think of these systems as incredibly important, but it all depends on what the governance mechanism is. When Amazon recentlyapplied for a patent to use blockchain technology, which would basically require every seller to keep a ledger of where all their supplies come from, then basically the technology itself isn’t doing a lot of decentralization. The technology is in service of a centralized power. There is no such thing as no-governance regimes. When I talk to crypto advocates, they’ll often frame it as if it is a world with no governance. But there is never an absence of governance. In the end, someone controls supply. See also:Russian Activists Use Bitcoin, and the Kremlin Doesn’t Like It Technology itself can’t do quite as much work as I think some of the advocates think. But again, let’s have that discussion, because I think there’s just unbelievably powerful ways in which it can be used for the good. My question for everybody is, really, when push comes to shove, who holds the trump cards? Who makes the decision? It’s never nobody. A core question about privacy is “Privacy from whom?” You talk about developing a “f–k-off” economy. What do you mean by that? I’m trying to take the economy back from the economists. They’ve been acting like priests for 40 years and telling us that we, as mere residents of this society, have no business messing with economic terms like monopoly or antitrust, and we should just trust their assessments of efficiency. When you take the economy back for people and not economists, then things like wages matter again. See also:Social Media Bans ‘Highlight the Profound Censorship on Web 2.0’ We need an economy where people have the knowledge that if their boss is really awful, they can say “f–k off” walk away. For that to happen, you need there to be actual competitors you could walk away to. Sometimes people say, “Well, there’s plenty of competition. There’s five companies that do this thing.” But there isn’t a real sense that there are meaningful options. And people should have that. I want to reclaim the idea that freedom in the workplace is essential. How do you see privacy being affected by a handful of companies controlling so much of our economy? There’s good research that our privacy controls got a lot worse after Facebook merged with Instagram, because they no longer needed to compete to actually protect us better than the other. There’s a nice paper on this, “The Antitrust Case Against Facebook” by Dina Srinivasan, which argues that merger was followed pretty quickly by Facebook no longer keeping its old promises towards its users. I don’t think that antitrust is going to do everything for privacy, but I think antimonopoly more broadly and a concern about power should. Privacy means different things to different people. If you see Facebook and Amazon as forms of government, then Facebook or Amazon saying they’re protecting your privacy isn’t a really great comfort. Your government already knows everything about you. See also:Money Reimagined: China’s ‘Cold War’ Blockchain Strategy A core question about privacy is “privacy from whom?” There is a privacy relationship between an individual and centralized power that isn’t just about an individual but the public at large or the formal forms of government. We should move, as people are with facial recognition, towards an arena where some stuff just can’t be collected at all. We say you cannot just take out your spleen and give it to somebody or sell it. There are certain things we should have an absolute ban on collecting and are not governed by contract law. My fear is any privacy regime is trumped by contract law, because when people can individually contract stuff away you have asymmetries of power. Right now the existing tech behemoths have a huge incentive in maintaining a business model whose goal is to maximize the information they have about people and we need to be moving towards an opposing model. So what’s the path forward? We’re in this exciting moment where there’s a lot of new antitrust energy, but it’s pretty new. I have particular solutions, particular things that I think we should do. But more important is to change our overall politics to make them more fundament... - Reddit Posts (Sample): [['u/westernmorty', 'Long term Bitcoin investment as a young person', 31, '2020-08-30 00:09', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/', 'Hi!\n\nDo you think investing 25€ in Bitcoin every month could be one right (and “safe”) long term solution for a young person with a decent income?\n\nI want to avoid, at least for now, investing in AltCoins as they seem to be too volatile to me.\n\nThanks in advance!\n\nEdit: thanks a lot for your replies!', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/', 'ij1a6m', [['u/bitusher', 10, '2020-08-30 00:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3aitey/', 'This is a very sound strategy and not only will you be investing for your future but you will be training your mind to make better investment decisions rather than gambling. \n\nHere is some more advice-\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/hvr3hu/i_want_to_learn_how_to_profit_in_bitcoin/fyv0ycs/\n\nAlso its a good idea to spend and replace your Bitcoin so the money you save allows you to save even more\n\n\nhttps://stekking.com - save up to 20% by spending BTC anywhere but primarily Europe stores\n\nhttps://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin', 'ij1a6m'], ['u/audigex', 34, '2020-08-30 03:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3b3ep2/', "> right\n\nMaybe. You're in a sub where people obviously think Bitcoin will definitely succeed, so you're going to get biased answers here... Bitcoin could go to $100k/each, or even more. But there's no guarantee\n\n> “safe”\n\nNo. Bitcoin is very volatile, could crash to $0, and has absolutely no guarantee of long term success\n\nThis is an unpopular opinion in Bitcoin subs but Bitcoin investment is speculation. Which means it's basically gambling\n\nIf you want to invest in Bitcoin, go ahead - I put some of my money in Bitcoin and will continue to do so, so obviously I think there's some chance of success... but PLEASE don't treat it as your main (or only) investment.\n\nIf you're thinking about the long term and want something safe and reliable, put at least half of your investments into the stock market (specifically, an ETF)\n\n€15/mo into the FTSEurofirst or S&P500, and €10/mo into Bitcoin? That sounds more sensible to me: over time you'll build up a holding of both, and if Bitcoin moons then you'll make good returns... but if Bitcoin crashes you'll still have some money in a sensible, decent-growth asset", 'ij1a6m'], ['u/JankySeiko', 12, '2020-08-30 03:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3b46ta/', '> This is an unpopular opinion in Bitcoin subs\n\nYou are correct.', 'ij1a6m']]], ['u/HomeStarRunner420', 'Sorry if dumb question... cake wallet question', 10, '2020-08-30 01:48', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/', 'So once I exchange my btc to xmr through cake, should I then send to a local xmr wallet, or am I good to send directly to market from cake? Thanks.', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/', 'ij2uub', [['u/boolinj', 13, '2020-08-30 01:52', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/g3attzz/', 'cake to market should be fine', 'ij2uub']]], ['u/freetrade', 'A Big Thank You to Everybody Who Pledged to the Unsuccessful member.cash Flipstarter', 101, '2020-08-30 02:21', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/', "While the Flipstarter was ultimately unsuccessful in reaching only 125BCH of its 200BCH target, I want to thank everyone who pledged.\n\nThere really are two parts when you make a Flipstarter pledge - there's the cash value and there's the moral support. For different projects, these two parts will have different relative values, but for me, the moral support is a really big component of it. 'Attaboys are all well and good, but knowing that people I \nrespect and admire in the Bitcoin Cash community were prepared to put their own money up to see the project turbo-charged\nwas and remains enormously encouraging.\n\nSo while the project won't get the the boost I had hoped for, knowing that others in the community value the project and want to see it suceed has given me me additional motivation to continue.\n\nThere was a brief temptation to complete the Flipstarter from borrowed funds, but I decided against that on the grounds that it goes against the spirit of Flipstarter. Pledgers have an expectation that their funds are contributed only if others in the\ncommunity match those pledges, so the pledges are all released now. If you'd still like your pledged funds to support member.cash, you can send the BCH directly to bitcoincash:qqlx98vrupdm9gmnenwpcgy2yv4hfzktwv6raa4n3g (message me with a note for the MEMBER recognition token). I will continue on the terms outlined in the Flipstarter from whatever funds are made available.\n\nWith thanks and gratitude,\n\nFreeTrade", 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/', 'ij3d84', [['u/zquestz', 37, '2020-08-30 02:26', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3axoyn/', 'This is a great attitude and I wish you the absolute best moving forward. I will be sending my flipstarter contribution to your address shortly.', 'ij3d84'], ['u/zquestz', 26, '2020-08-30 02:47', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3azvn9/', 'Here you go:\n\nhttps://explore.cash/mainnet/tx/84bfd61f33979e1c3f53a551ef8835743b1998b86d7ab1770b3d6e16918cb071', 'ij3d84'], ['u/FerriestaPatronum', 32, '2020-08-30 04:32', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3baabv/', "Truly honorable attitude, much kudos. I wasn't a donator before but I am now. https://explorer.bitcoin.com/bch/tx/ad64b8d3afa77528bb518b229ef61c072f8a1fa5f1bce9e34a4ebf73aed5a5d7\n\nI also just signed up for member.cash: \n bitcoincash:qqs0ct7dsktyw23nvzjnpn72lmwqgexr5gaf5s4f8s\n\nWill check it out.", 'ij3d84'], ['u/CryptoStrategies', 20, '2020-08-30 05:00', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bd1cq/', 'Sorry to hear it did not complete. I like the work you have been doing with this platform.', 'ij3d84'], ['u/freetrade', 18, '2020-08-30 05:26', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bfjnl/', 'Thank you again Josh for your generous donation and all the support you showed throughout the campaign.', 'ij3d84'], ['u/freetrade', 16, '2020-08-30 05:27', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bfnp7/', 'Appreciate the sentiment and the donation! Thanks!', 'ij3d84'], ['u/freetrade', 17, '2020-08-30 05:35', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bgfg4/', 'Thank you, Hayden.', 'ij3d84'], ['u/emergent_reasons', 24, '2020-08-30 06:05', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bj8dy/', 'Always appreciate your positive and principled attitude. Forwarded my pledge already.', 'ij3d84'], ['u/freetrade', 12, '2020-08-30 06:58', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bnouw/', 'Thanks for the kind words and donation. Can I confirm this is you - https://member.cash/#member?qaddress=1Ab9jdpVyr5kC5WALH3p8vbSYSP8NGVNbX', 'ij3d84'], ['u/moleccc', 16, '2020-08-30 08:32', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3buj6d/', 'Hey man.\n\nA bit sad it didn\'t get funded. But thanks to your outstanding spirit, it\'s ok, I guess.\n\n> There was a brief temptation to complete the Flipstarter from borrowed funds, but I decided against that on the grounds that it goes against the spirit of Flipstarter.\n\n(emphasis mine)\n\nI thought about this before and I thought about it again now and my conclusion remains: No, it doesn\'t go against the spirit of flipstarter: it\'s essentially like saying: ok, there\'s not enough monetary support but I still want to do this, so I\'m going to accept the funding provided so far and contribute the rest (in the form of work or whatever is the subject of the flipstarter) myself. I don\'t think that\'s in any way unethical or against the spirit of flipstarter as long as you still feel obligated to the same extent to fulfill your part of the agreement. Doesn\'t really matter who funds it, even if part of the funding is contributed by the owner of the project himself (in form of money or work doesn\'t matter, boils down to the same thing), does it?\n\nAnother comparison to use in order to understand why partly self-funding a flipstarter is not illegitimate is to look at it like a negotiation. The contributors successfully negotiated the price down by something like 35% (guesstimeate, too lazy to calc). Had you self-funded that part it would mean that the agreement still made sense to you even at that lower price. The contributors would still get what they paid for: your commitment. I fail to see the problem.\n\nOn the other hand one can probably assume that not everyone shares this view and so I can understand why you didn\'t self-fund the remainder.\n\nAnyway, I forwarded part of my contributions (~50%, 10 BCH, https://blockchair.com/bitcoin-cash/transaction/d33d03889bcb2b833e187fe137960efa4fd155b0e6caf442f36cdfa0d178efe4) to your donation address (my ID inside OP_... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0. Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672. Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672. The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Sunday. Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way. Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains. Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green. It was a bearish week for the rest of the majors. Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red. In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn. Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%. Story continues This Morning At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Tezos was up by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813. Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested. A fall through the $11,647 pivot would bring the first major support level at $11,563 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397. This article was originally posted on FX Empire More From FXEMPIRE: The Federal Reserve vs. Judy Shelton And Gold Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Price of Gold Fundamental Daily Forecast – Lack of Clarity from Fed Over Policy Shift May Underpin Prices AUD/USD and NZD/USD Fundamental Daily Forecast – Pro-Risk Aussie, Kiwi Should Benefit from Accommodative Fed Oil Price Fundamental Daily Forecast – US Oil Industry Dodges Widespread Damage to Platforms and Refineries AUD/USD Forex Technical Analysis – Inside ‘Window of Time’ for Closing Price Reversal Top', 'Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0. Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672. Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672. The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Sunday. Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way. Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains. Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green. It was a bearish week for the rest of the majors. Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red. In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn. Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%. Story continues This Morning At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Tezos was up by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813. Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested. A fall through the $11,647 pivot would bring the first major support level at $11,563 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397. This article was originally posted on FX Empire More From FXEMPIRE: The Federal Reserve vs. Judy Shelton And Gold Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Price of Gold Fundamental Daily Forecast – Lack of Clarity from Fed Over Policy Shift May Underpin Prices AUD/USD and NZD/USD Fundamental Daily Forecast – Pro-Risk Aussie, Kiwi Should Benefit from Accommodative Fed Oil Price Fundamental Daily Forecast – US Oil Industry Dodges Widespread Damage to Platforms and Refineries AUD/USD Forex Technical Analysis – Inside ‘Window of Time’ for Closing Price Reversal Top', 'Bitcoin rose by 0.57% in the week ending 30thAugust. Following a 2.19% slide from the previous week, Bitcoin ended the week at $11,730.0.\nIt was a bullish start to the week. Bitcoin rose to a Monday intraweek high $11,847.0 before hitting reverse.\nFalling short of the first major resistance level at $12,305 Bitcoin slid to a Tuesday intraweek low $11,137.0.\nBitcoin fell through the first major support level at $11,205, Bitcoin a moving back through to $11,700 levels on Sunday.\n4 days in the green that included a 2.07% gain on Sunday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,571 pivot to support a run the first major resistance level at $12,006.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,847.\nBarring an extended crypto rally, the first major resistance level and last week’s high would likely cap any upside.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,281. Expect plenty of resistance at $12,000, however.\nFailure to avoid a fall through the $11,571 pivot would bring the first major support level at $11,296 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 and the second major support level at $10,861.\nIn the event of a sell-off, expect support at $10,500 to be tested in the week.\nAt the time of writing, Bitcoin was down by 0.02% to $11,727.2. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,713.0 before rising to a high $11,744.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum rose by 9.73% in the week ending 30thAugust. Reversing a 9.87% slide from the previous week, Ethereum ended the week at $428.94.\nA bullish start to the week saw Ethereum rise to a Monday high $411.97 hitting reverse.\nFalling well short of the first major resistance level at $432.00, Ethereum slid to Tuesday intraweek low $369.36.\nEthereum steered clear of the 23.6% FIB of $367 and the first major support level at $364 in the pullback.\nFinding support in the latter part of the week, Ethereum struck a Sunday intraweek high $429.90 before easing back. In spite of the rally, Ethereum came up short of the first major resistance level at $432 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,911,846,747 - Hash Rate: 130921885.1899966 - Transaction Count: 302920.0 - Unique Addresses: 662241.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Privacy-focused Bitcoin software wallet Wasabi is getting a major protocol overhaul. The Wasabi team is working on a new protocol design, dubbed WabiSabi , in a bid to improve the user experience and privacy guarantees of the wallet’s CoinJoin transactions. The major design change would allow users to coinjoin with different values than their peers, a first for the privacy-minded technology that could lead to new (and more flexible) use cases. Wasabi has been conceptualizing the design in a research group since the beginning of 2020 and has hired team members to work on the implementation. Out with the old Currently, Wasabi’s CoinJoin – a mixing protocol that, when used correctly, can obscure a bitcoin’s transaction history – relies on the ZeroLink protocol and blind signatures for mixing. Under this scheme, users must spend a set minimum amount of bitcoin with other users in a mixing pool for the CoinJoin to work successfully; these like amounts are shuffled together in a pool, after which each user receives the same amount of bitcoin back in a way that doesn’t reveal their original input. Related: Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi For this to work effectively, each user in a CoinJoin transaction must send a minimum amount of bitcoin to the mixing pool (e.g., 0.1, 0.01, etc) so as to ensure that they receive the same output as other users when the CoinJoin is complete. If recipients don’t receive the same amount of Bitcoin at the end of a join as other users in the mix, the transactions could be easily deanonymized by blockchain surveillance. This current scheme also gives the CoinJoin’s coordinator a spyglass into a user’s information. Wasabi contractor and contributor Max Hillebrand told CoinDesk that a coordinator “could link the input to the change output, and could link multiple inputs to the same user.” WabiSabi won’t disintermediate this coordinator role, seeing as it is necessary to make the protocol as frictionless and low-latency as possible. But the new design, according to Wasabi’s team, will keep the coordinator from tracing inputs to ensure “as few privacy leaks as reasonable,” Hillebrand said. Story continues In with the new The new protocol is a technical casserole that combines Pedersen commitments and keyed-verification anonymous credentials (KVAC), a feature used for group messaging on the encrypted chat app Signal. Related: Fed Chair Powell's Flexible Inflation Views Were Already Priced In If WabiSabi works in practice as it does in theory, then users will be able to spend any amount, irrespective of the value spent by their peers – an improvement over the current design which demands equal value payouts to mixing participants. Wasabi co-founder and lead researcher Adam Ficsor told CoinDesk this new design could unlock new CoinJoin use cases, like “ CoinSwapping with CoinJoins and open[ing] lightning channels with CoinJoins.” Hillebrand continued to highlight that this implementation will not be limited to self-spends, where users can only send a CoinJoin transaction to themselves, like under the current model. Rather, WabiSabi would allow them to make payments in a CoinJoin transaction to another user as well. This process would operate in the background if it runs the way Wasabi envisions it, opening up the possibility to make “every spend a CoinJoin.” “The [old] Zero Link CoinJoins are mainly a self-spend, so the same user owns the input and the output. It’s not a payment; it’s like you are shuffling the bitcoin from your left pocket to your right pocket. This increases blockspace usage and thus incurs more expensive mining fees for the sender and verification cost for all Bitcoin full node users.” ‘Testing, testing, testing’ Of course, the protocol’s development is still in its early stages, and Wasabi lead developer Lucas Ontivero told CoinDesk the white paper, which was unveiled to the Bitcoin developer mailing list in mid-June, is “still being peer reviewed.” The challenge now is structuring the actual transaction design, which is a different technical feat from designing the protocol itself. As Hillebrand explained, the WabiSabi protocol design sets the parameters for data transmission between end users and coordinators, while the transaction structure of inputs and outputs is a different problem entirely. This “transaction structure is not 100% ready,” Wasabi cryptographer István András Seres told CoinDesk over email. He added that “it is a huge design [requirement]” and that the team will want a “proper audit” before feeling comfortable releasing it to the public. So a working WabiSabi implementation may be some time away, though the next step in development is creating a transaction scheme that retains the privacy promises of the underlying protocol. The team did not make any promises about when the tech could be ready, as “there are many open research questions and unknowns,” Hillebrand said. As independent Bitcoin privacy researcher Yuval Kogman put it, the next, challenging step is “going from theory to practice” in a way that keeps the protocol as user friendly as possible to maximize its adoption. “On the cryptography side, the theory is well developed and understood. Anonymous credentials as a concept go a long way back and are fairly straightforward to apply…a big part of the challenge is UI/UX [user interface/user experience], and in order to take full advantage of the credential scheme and the transaction structure, we will have to find some creative solutions,” he said, adding that the team has “already come up with some pretty promising and interesting ideas.” This article was updated to more accurately describe how Wasabi’s current CoinJoin implementation works. Related Stories Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 21Shares Bitcoin & Ethereum Product list on the official ‘Regulated’ Market of the Vienna Stock Exchange 1 September 2020 - Vienna \| Zurich - Wiener Börse, the Vienna Stock Exchange, becomes the 3rd exchange venue globally to admit a Bitcoin Product on its official “regulated’ market segment. Following the admission to listing on Deutsche Boerse XETRA in July 2020, Swiss-based ETP issuer 21Shares AG has now brought the first Bitcoin and Ethereum Products to the official market on the Austrian exchange bringing more security, transparency and cost-effective access to investors seeking exposure to this alternative asset class. Starting effectively from 1 st September 2020 the 21Shares Bitcoin ETP ( ABTC - WKN A2T64E - Ticker 21XB) and the 21Shares Ethereum ETP ( AETH - WKN A2T68Z - Ticker 21XE) can be traded on the official market of the Vienna Stock Exchange. As a result of the listing on the Vienna Stock Exchange, the largest exchange in each of the three DACH (Germany, Austria and Switzerland) countries has now admitted a Bitcoin ETP. This achievement further demonstrates institutional - and more importantly regulatory - acceptance of this emerging digital asset class. The two products ABTC and AETH are passported into Austria and authorized for distribution for both retail and institutional investors using a familiar and widely accepted financial structure. “We are happy to share that Bitcoin is now accessible everywhere for both retail as well as institutional investors across the entire DACH region.” Hany Rashwan , CEO at 21Shares AG , says. “We started with the Swiss market due to our home roots and having a crypto-friendly landscape. In July 2020, we entered the German market by listing ABTC on Deutsche Boerse XETRA. This listing in Austria now gives all German-speaking countries easy exposure to this asset class. Outside the DACH region, no other jurisdiction globally provides such comprehensive and ample access to Bitcoin.” Story continues “With this important listing, the Vienna Stock Exchange is expanding its selection of asset classes. Experienced, local investors can now benefit from the stock market advantages in crypto trading: Monitored, regulated and transparent trading with real-time information and secure settlement via their regular brokers account," says Thomas Rainer , Head of Business Development at Wiener Börse . 21Shares AG is one of Europe’s most innovative startups, pioneering the mainstream adoption of digital assets via a sophisticated ETP structure familiar to many who have a demand to invest in assets classes such as precious metals or commodities. The growth of the crypto currency market is reflected in 21Shares’ growth in Assets under Management which has seen its assets surpass USD 100 million in less than two years. About 21Shares 21Shares makes investing in crypto assets as easy as buying shares using your conventional broker or bank. Investors can invest in cryptocurrencies using a conventional ETP structure (or tracker) easily, with total confidence and security, cost effectively thanks to the 21Shares suite of ETPs launched by 21Shares and now composed of 11 Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares Bitcoin (ABTC:SW), 21Shares Ethereum (AETH:SW), 21Shares XRP (AXRP:SW), 21Shares Bitcoin Cash ETP (ABCH:SW), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), Sygnum Platform Winners Index ETP (MOON:SW) and 21Shares Short Bitcoin ETP (SBTC:SW). The entire suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Boerse Stuttgart in CHF, USD, GBP and EUR respectively. Founded in 2018, 21Shares is led by a team of talented serial entrepreneurs and experienced banking professionals from the technology and financial world. Incorporated in Zug, with offices in Zurich and New York, the company has launched several world firsts, including the first listed crypto index (HODL) in November 2018. 21Shares has 11 crypto ETPs listed today and has over $100 million in total listed AuM. Press Contact Laurent Kssis +41 44 260 86 60 [email protected] Disclaimer This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan.This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States.This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com . The approval of the 2019 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2019 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand. This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.This document constitutes advertisement within the meaning of the Swiss Financial Services Act (the "FinSA") and not a prospectus. In accordance with article 109 of the Swiss Financial Services Ordinance, the Base Prospectus dated 13 November 2019, as supplemented from time to time (the "Base Prospectus") and the final terms for SBTC dated 22 January 2020 (the "Final Terms", and together with the Base Prospectus, the "Prospectus") have been prepared in compliance with articles 652a and 1156 of the Swiss Code of Obligations, as such articles were in effect immediately prior to the entry into effect of the FinSA, and the Listing Rules of the SIX Swiss Exchange in their version in force as of January 1, 2020. Consequently, the Prospectus has not been and will not be reviewed or approved by a Swiss review body pursuant to article 51 of the FinSA, and does not comply with the disclosure requirements applicable to a prospectus approved by such a review body under the FinSA. Copies of the Prospectus are available free of charge from the website of the Issuer. Subject to applicable securities laws, the Base Prospectus and the final terms of any product mentioned herein can be obtained from 21Shares AG on the website. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.', 'The 21Shares Bitcoin & Ethereum Product list on the official ‘Regulated’ Market of the Vienna Stock Exchange 1 September 2020 - Vienna \| Zurich - Wiener Börse, the Vienna Stock Exchange, becomes the 3rd exchange venue globally to admit a Bitcoin Product on its official “regulated’ market segment. Following the admission to listing on Deutsche Boerse XETRA in July 2020, Swiss-based ETP issuer 21Shares AG has now brought the first Bitcoin and Ethereum Products to the official market on the Austrian exchange bringing more security, transparency and cost-effective access Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $221,698,609,209 - Hash Rate: 134413135.46172985 - Transaction Count: 376508.0 - Unique Addresses: 795329.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is still consolidating with no clear direction in sight, but some alternative cryptocurrencies like Chainlinks LINK token and Aaves LEND are soaring. Bitcoin, the leading cryptocurrency by market value, is trading near $9,240 at press time, representing moderate losses on a 24-hour basis. The cryptocurrency has spent a better part of the last two months trading the narrow range of $9,000$10,000. The prolonged consolidation has pushed a key volatility metric to its lowest level since November 2018. A big move could happen soon, possibly on the higher side, as on-chain data is painting a bullish picture. The seven-day moving average of the number of active bitcoin addresses has risen to a 2.5-year high of 478,669, as per data source Glassnode , likely indicating increased demand for the cryptocurrency. The percentage of bitcoin that hasnt moved in a year also jumped to a new record high of 62.12% on Tuesday a sign of strong investor confidence in the cryptocurrencys long-term prospects. Chainlink LINK , an Ethereum ERC-20 standard token used to pay for services on the decentralized oracle network Chainlink, has risen by over 10% in the past 24 hours. LINK is now trading above $8.15, up 78% on a month-to-date basis and up 364% for 2020. The token seems to be benefiting from the buzz around decentralized finance (DeFi). LINKs trading volume has now surpassed that of Ethereums ether token to become the third-most traded cryptocurrency in the last 24 hours, as per Messari . With LINKs price rising by over 300% this year, all 168,160 addresses currently holding the token are in-the-money or making a profit on their investments, according to IntoTheBlock , a blockchain intelligence company. Aave LEND token, the native cryptocurrency of the decentralized lending platform Aave, and decentralized technology platform Ontologys ONT token have also gained over 10% in the past 24 hours. Aaves LEND token has increased by over 1200% so far this year due to a rapid increase in usage since the launch of mainnet in January. As reported Monday, altcoins in general are performing well while bitcoin languishes. The FTX exchanges index of 50 low-capitalization cryptocurrencies, the so-called Shitcoin Index , is up 111% so far this year. Story continues Disclosure: The author holds no cryptocurrency assets at the time of writing. Related Stories With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally... - Reddit Posts (Sample): [['u/christandcarrots', "Maybe I'll never achieve 3 Bitcoin?", 12, '2020-09-01 00:11', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/', 'It has been about a year since I posted my previous progress to 1 bitcoin:\n\n [my road to 1 bitcoin](https://www.reddit.com/r/Bitcoin/comments/9f90u4/my_1_year_history_and_road_to_1_bitcoin/) \n\nI\'ve been trying since this time to get another coin but haven\'t made it quite yet. Prices I purchased at since my last post, ordered from low to high price:\n\n$6300\n\n$6900 (biggest transaction by dollar amt in 2020)\n\n$7200\n\n$7500\n\n$8800\n\n$9300\n\n$11,700 (yes I bought again today which made me think of posting this)\n\nI lost my job when Bitcoin dived in price in March-April so I was too gun-shy to add to my holdings for a big chunk of the Covid times. Now that the 2020 price range has been over say $7K much of the time, my DCA purchases don\'t go as far. I try to scrape up at least $300-$500 or so before I buy but I have managed to make one-time purchases of up to $1,500 or so a couple of times this year. Luckily I made one of those at about the $6900 mark so I feel good about that.\n\nJust wondering if anyone else frets over this kind of Bitcoin price velocity and despairs of ever having even one (or one more) "whole coin" -- Not that whole coins matter, even, but sometimes I get panicky and think maybe I should liquidate everything I can get my hands on to get 1 more coin. \n\nJust sharing my bitcoin FOMO and paranoia with you all, for your entertainment.', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/', 'ik7tuk', [['u/bradley_cohen', 14, '2020-09-01 00:59', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/g3izfub/', "Just know that it wouldn't matter how many you have - that feeling doesn't go away.\n\nIf you had 2845 BTC you would want 2846 BTC.", 'ik7tuk']]], ['u/Holdmydicks', 'Looking for a good site where I can place bets while living in California', 10, '2020-09-01 02:36', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/', 'Also, is it better to go through bitcoin for deposits and withdrawals, or does anyone have any better options?', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/', 'ika9ir', [['u/Hiplobster123', 12, '2020-09-01 03:05', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/g3jduhx/', 'Bovada, that’s what I use in California', 'ika9ir']]], ['u/beastmanus', 'Bitcoin in a third world Country?', 28, '2020-09-01 05:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/', "I'm a complete newbie in Bitcoin and plan to invest after some research, But is it profitable to invest in a third world country or the country doesn't affect Bitcoin?", 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/', 'ikcoj7', [['u/TPK001', 21, '2020-09-01 05:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/g3jt9vx/', "If it is a 3rd world country, which has an unstable currency, unstable laws, capital restrictions even more reason to allocate some % of your savings to Bitcoin. 1-5% is a suggestion you'll see often.\n\nIf it is a well run 3rd world country, with the rule of law, low corruption etc. even then worth some exposure. Your country could do everything right but be impacted by world events.\n\nBitcoin's highest performance has been against currencies in poorly run countries (Turkey, Lebanon, Argentina and so on).... setting All Time Highs this year.\n\nAs for profitability, you need a 2-3 year holding period. For most of us a good idea to Cost Average your way in. Good luck.", 'ikcoj7']]], ['u/SonderDev', 'Introducing Nendly, the Notion-Friendly Forum', 117, '2020-09-01 05:20', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/', '[Nendly](https://nendly.com/), the Notion-Friendly Forum is a social media site that offers a novel approach to Internet communities.\n\n# Overview\n\nSocial media today is a poor avenue for Internet conversations. Everyone can have their say, but only in their particular echochamber. While I\'ve written more about it [in an essay](https://nendly.com/a/faq), go to r/cc and you\'ll see the main crux. The things you can talk about here won\'t fly so well there. Now why is that?\n\nIt\'s because on Reddit, we have a downvote button. And since what you see is based on vote scores, it\'s essentially a censorship button. If you don\'t hold a 51% opinion, those in the majority will vote you down, and you\'ll leave to join another where the electorate is more favorable. And so we get a million insulated communities, each so sure that the others are wrong and needlessly hostile.\n\nBut it doesn\'t have to be this way! Nendly uses a state-of-the-art voting algorithm that enables discussions wherein many competing ideas are possible. Instead of the upvote and downvote buttons being directly tied to what users see, Nendly performs viewpoint analysis to find the best content among a range of diverse beliefs. And since it uses game-theory, there\'s no possibility for an r/cc style take-over. You can read more about it [here](https://nendly.com/a/faq), but basically I\'ve solved the r/cc problem, as seen in Nendly\'s much friendlier [n/crypto](https://nendly.com/n/crypto) community.\n\nNow there\'s a lot more to the site, including huge usability improvements and features Reddit doesn\'t have, but I\'ll have to leave it for a video I\'ll put out tomorrow. Ask me any questions and I\'ll address them then. (I need to sleep, it\'s been a wild day).\n\n# Nano\n\nOk but why is this a big deal for nano? The benefits are many.\n\n* Nano is exclusively integrated site-wide. Instead of Reddit "awards", we have nano-based gifts that mostly go to the end user. That\'s right, you can get paid to use social media. Forget Reddit\'s ETH integration, we\'ve beet \'em to it, guys!\n* When someone awards your post or comment with nano, you get a helpful message from the system user, who gives you information about nano, the foundation, wallets, etc. so you can adopt it yourself.\n* The user base will be primarily non-crypto people, since I\'ve intentionally built the site for a general-purpose audience. And since nano is the only crypto fully-integrated, we\'ll be actively getting people to join Nano. They won\'t just see it on a list with 50 other coins and bitcoin at the top. We are talking REAL ADOPTION.\n* With scale comes power. Imagine if we had complete control over the code for this subreddit. If someone had an idea requiring scale, we could actually fulfill it. We wouldn\'t have the "okay but where will you get your users" problem. If someone had an idea like ads that pay you nano to view them, we\'d be able to break down that barrier. Well here\'s the thing, we\'ve got Nendly, and with it we can solve the scale problem once and for all. Not just with [n/crypto](https://nendly.com/n/crypto), but with the entire site if we like. As Nendly grows, so too does our launchpad.\n\nThere\'s more too for nano I\'ll put in the video. Again, ask me questions and I\'ll answer them when I\'m not so tired :)\n\n# Current Progress\n\nThere\'s a lot of features that I\'ll be releasing over the coming days and weeks that are close to being done. For now, so I could meet the August deadline I set for myself, it\'s a Desktop-only experience with mobile coming very soon (we\'ve also got a public API that\'s mostly done, PM me if you want to build an App or something).\n\nSo hey, try my site out! You\'ll find updates coming out very fast since most of the cool stuff is \\~90% done. I plan on a major update happening once a week, so it\'ll be a quick-moving experience if you join our community.\n\nPlease bare with me since it\'s just now public. There\'s bound to be funny bugs we\'ll run into, and I already know some email providers are dropping my mail since they\'ve never heard of [nendly.com](https://nendly.com). And who knows, maybe the servers will explode.\n\nAlso, I want to say thanks for all the support these past 2 months. I really wanted to give you something you could use before August ended, and thankfully we made it just hours before September!\n\nEdit ok, [here’s the video!](https://reddit.com/r/nanocurrency/comments/ikvp8f/answering_your_nendly_questions/)', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/', 'ikcrtd', [['u/silverstar194', 26, '2020-09-01 06:04', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jx6sm/', "Neat project! How do you plan on gaining users? There have been similar projects such as Steemit in the past that fail to gain a user base.\n\nP.S. Send me a PM and I'll get you an ad slot on NanoSpeed.live", 'ikcrtd'], ['u/otherwisemilk', 17, '2020-09-01 06:27', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jz7q9/', "Your privacy stance is amazing btw. I like the idea and intention but I'm worried about the adoption. What are the plans around that?", 'ikcrtd'], ['u/xblackrainbow', 10, '2020-09-01 06:32', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jzljw/', "If you want adoption.... I don't know if you feel comfortable with subjects like conspiracies.\n\nThat subreddit is desperately looking for alternative forums that aren't overtly racist and more open minded. Reddit is going through a ton of censorship and crafting narratives right now.\n\nI truly believe in free speech though especially if they are evidence based.", 'ikcrtd'], ['u/t_j_l_', 16, '2020-09-01 06:56', 'https://www.reddit.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['That was well above the market forecast of 54.5 and the highest reading since November 2018. The leading indicator was supported by new orders which increased to 67.6 last month, but the employment component of the index continued to show weakness suggesting that factories are still slow to bring back employees. If the ISM services index due to be released on Thursday shows a similar reading, that would suggest jobs remains a weak spot in the US economy. However, investor focus today will be on the ADP employment change data which is expected to show 950,000 jobs were added in the private sector in August versus 167,000 in July. The ISM surveys along with the ADP report may provide an early indication of what to expect from Friday’s non-farm payrolls report.\nImproving economic data, along with expectations that interest rates will remain near zero for several years, are great ingredients for risk assets. Investors do not seem to be worried about overstretched valuations as long as the Fed is willing to depress interest rates and continue providing the liquidity needed to keep yields in check.\nDespite this optimism, investors need to re-think how to approach a market that’s sitting at record highs with two months remaining to the US presidential elections. Latest polls have shown the race between President Donald Trump and former Vice President Joe Biden have narrowed significantly over the past few weeks. According to Real Clear Politics, the difference is now less than 1% point in favour of Biden. The narrowing gap has translated into a sharp rise in future contracts for the Vix volatility indices. At the time of writing, the October Vix contract is sitting above 33 while spot Vix is hovering near the top of August trading range at 26. A rising stock market with elevated volatility is not a healthy sign and usually indicates turmoil ahead. So, expect risk to be skewed to the downside with big moves as we head into October.\nOpen your FXTM account today\nDisclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Daily Forecast – Attempt To Settle Above The 20 EMA\n• AUD/USD Forex Technical Analysis – Chart Pattern Suggests Next Downside Target is .7275 – .7242\n• Bitcoin (BTC/USD) Remains Bullish Despite H&S Reversal Pattern\n• U.S. Stocks Set To Open Higher As Traders Bet On New Stimulus Package\n• AUD/USD Price Forecast – Australian Dollar Pulls Back\n• Monthly Recap: Ethereum Provides Massive Returns While Bitcoin Remains Dormant', 'That was well above the market forecast of 54.5 and the highest reading since November 2018. The leading indicator was supported by new orders which increased to 67.6 last month, but the employment component of the index continued to show weakness suggesting that factories are still slow to bring back employees. If the ISM services index due to be released on Thursday shows a similar reading, that would suggest jobs remains a weak spot in the US economy. However, investor focus today will be on the ADP employment change data which is expected to show 950,000 jobs were added in the private sector in August versus 167,000 in July. The ISM surveys along with the ADP report may provide an early indication of what to expect from Friday’s non-farm payrolls report. Improving economic data, along with expectations that interest rates will remain near zero for several years, are great ingredients for risk assets. Investors do not seem to be worried about overstretched valuations as long as the Fed is willing to depress interest rates and continue providing the liquidity needed to keep yields in check. Despite this optimism, investors need to re-think how to approach a market that’s sitting at record highs with two months remaining to the US presidential elections. Latest polls have shown the race between President Donald Trump and former Vice President Joe Biden have narrowed significantly over the past few weeks. According to Real Clear Politics, the difference is now less than 1% point in favour of Biden. The narrowing gap has translated into a sharp rise in future contracts for the Vix volatility indices. At the time of writing, the October Vix contract is sitting above 33 while spot Vix is hovering near the top of August trading range at 26. A rising stock market with elevated volatility is not a healthy sign and usually indicates turmoil ahead. So, expect risk to be skewed to the downside with big moves as we head into October. Story continues Open your FXTM account today Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Daily Forecast – Attempt To Settle Above The 20 EMA AUD/USD Forex Technical Analysis – Chart Pattern Suggests Next Downside Target is .7275 – .7242 Bitcoin (BTC/USD) Remains Bullish Despite H&S Reversal Pattern U.S. Stocks Set To Open Higher As Traders Bet On New Stimulus Package AUD/USD Price Forecast – Australian Dollar Pulls Back Monthly Recap: Ethereum Provides Massive Returns While Bitcoin Remains Dormant', "Ethereum miners are gaining big as transaction costs or gas fees continue to rise amid decentralized finance (DeFi) boom. According to The Block Research, Ethereum miners generated all-time high fee revenue of $17 million on September 1. The figure is 3.7 times higher than the previous highest amount recorded during December 2017 and January 2018 when crypto prices went through the roof. Image Bitcoin miners, on the other hand, generated $1.5 million in transaction fees yesterday \x97 only 9% of Ethereum miners' fees. Bitcoin miners' all-time high during the December 2017 craze was $21.4 million. Image The surge in Ethereum fees , and therefore miners' revenue, could result in an increase in prices of Ethereum miners in the secondary markets, according to Larry Cermak, director of The Block Research. If so, the trend could turn out to be bullish for mining chips manufacturers such as AMD and Nvidia, said Cermak. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Ethereum miners are gaining big as transaction costs or gas fees continue to rise amid decentralized finance (DeFi) boom.\nAccording to The Block Research, Ethereum miners generated all-time high fee revenue of $17 million on September 1. The figure is 3.7 times higher than the previous highest amount recorded during December 2017 and January 2018 when crypto prices went through the roof.\nBitcoin miners, on the other hand, generated $1.5 million in transaction fees yesterday — only 9% of Ethereum miners' fees. Bitcoin miners' all-time high during the December 2017 craze was $21.4 million.\nThesurge in Ethereum fees, and therefore miners' revenue, could result in an increase in prices of Ethereum miners in the secondary markets, according to Larry Cermak, director of The Block Research. If so, the trend could turn out to be bullish for mining chips manufacturers such as AMD and Nvidia, said Cermak.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", 'Bryan Connor Herrell, a 26-year-old man from Colorado who served as a moderator for AlphaBay, has been sentenced to 11 years in prison. His is the latest AlphaBay-related case to come to a close after authorities seized what was once the dark web’s biggest marketplace for guns, drugs and stolen identities and financial data back in 2017. According to the Department of Justice, Herrell settled over 20,000 disputes between vendors and purchasers for the marketplace. He also kept an eye out for scams and monitored users’ attempts to defraud each other. The DOJ says Herrell was paid in Bitcoin for his services and operated under the pseudonyms “Penissmith” and “Botah,” but the steps he took to preserve his anonymity weren’t enough to protect him. When the Royal Thai Police, the FBI and the DEA executed an arrest warrant for alleged AlphaBay founder Alexandre Cazes at his residence in Bangkok, they found an unencrypted laptop with files identifying people associated with the marketplace. Cazes’ case was dismissed after he died in his cell in Thailand of suspected suicide. Meanwhile, Herrell pleaded guilty to “conspiring to engage in a racketeer influenced corrupt organization” in January and faced up to 20 years in prison. US Attorney McGregor Scott of the Eastern District of California said in a statement: “This sentence serves as further proof that criminals cannot hide behind technology to break the law. Operating behind the veil of the darknet may seem to offer shelter from criminal investigations, but people should think twice before ordering or selling drugs online — you will be caught. This office will Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $221,698,609,209 - Hash Rate: 125685009.78239676 - Transaction Count: 317449.0 - Unique Addresses: 714425.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Both crypto exchanges and popular online trading platforms including Schwab, TD Ameritrade and Robinhood have a rising number of young investors who, working from home during the coronavirus pandemic, spend some of their work hours trading for their own personal accounts. However, these platforms have another thing in common: outages in the midst of high volume. On Monday, login issues were reported from customers on Robinhood, along with a few other similar trading platforms including giants TD Ameritrade and Schwab. The outage was allegedly caused by the stock splits of Apple and Tesla. Silicon Valley-based Robinhood was the subject of more than 400 complaints reported to U.S. regulators during the first half of 2020. Related: First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase A spokesperson from TD Ameritrade acknowledged “high levels of slowness” some users experienced on its web and mobile platforms but did not offer an explanation of the cause. As of press time, Robinhood and Schwab did not respond to inquiries from CoinDesk. Robinhood apparently is not alone during a time when a growing number of new and young investors are betting their money on different markets, including cryptocurrencies, by using online brokers amid the coronavirus pandemic. Read more: Robinhood, Other Online Trading Platforms Having Login Issues Like traditional platforms, crypto exchanges have been troubled by outages for a long time, even after they pledge to take more steps to improve stability and reduce outages. These mainstream companies may be able to learn something from the experience of crypto exchanges. The need for redundancy Related: Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit After suffering a severe service outage in late August , Deribit, the most popular cryptocurrency options exchange, told CoinDesk it is working to enhance its platform to avoid this happening again. “Our platform uses redundant load balancers to connect to multiple nodes, gateways to the platform, connecting to a single master node,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk via Telegram on Aug. 27. “Today we experienced a hardware failure in this master node.” Read more: Deribit Suffers Outage Over ‘Hardware Issues,’ May Miss Thursday’s Options Expiry The problem was resolved when engineers successfully activated one of the regular nodes as the exchange’s new master node. The company will work on speeding up this procedure, Strijers said. Story continues Strijers added that Deribit is in the process of setting up a disaster recovery facility in Zurich to act as immediate failover if multiple nodes were impacted. This, he said, should dispel doubts around the exchange’s redundancy provision. Setting up a server location in Zurich does not mean the company will have to adopt any new know-your-customer (KYC) and anti-money laundering (AML) requirements in Switzerland, Strijers clarified. (The Dutch exchange’s infrastructure is hosted in the U.K. but its operations are now in Panama as part of DRB Panama Inc., a wholly owned subsidiary of the Dutch entity, created in early February.) When code becomes a problem It is not the first time a crypto exchange has sworn that some fundamental improvement it makes will avert new outages. Earlier this year, Binance, the world’s largest crypto exchange by trading volume, suspended trading for more than six hours due to a “system messaging error.” Coinbase angered its users in May after it was forced to shut down its service due to a traffic spike. Dave Weisberger, co-founder and CEO of execution provider CoinRoutes, told CoinDesk in a phone interview there are two main causes of technical outages at crypto exchanges. One is a hardware failure, which was the problem that occurred at Deribit; the solution is to build a redundancy system. By now, most exchanges have built fully redundant systems, according to Weisberger, and as a result any outages caused by hardware failures are usually short-lived. Read more: Coinbase Outlines Tech Plan to Help Avert Future Outages The other cause, which is more common, is a change in a new piece of code that was not thoroughly tested. Bugs in the new code can be triggered at a later time by an unplanned situation such as a surge in trading volumes, resulting in an outage. Traffic: When too much of a good thing becomes a bad thing Derivatives exchange FTX’s support team also told CoinDesk via email that to reduce the risk of outages, their work has been concentrated on making sure enough spare capacity will be available to support the exchange’s operation during busy periods. Tushar Jain, managing partner at Multicoin Capital, told CoinDesk via Twitter that reducing outages caused by sudden traffic increases on exchanges is “doable,” but it will require time and money. “Building software which scales to serve so many users is really hard and the operational work to make sure servers stay up and running is quite difficult,” he said. “There are many examples of software companies having trouble scaling to serve extremely high demand. Twitter’s “ Fail Whale ” is probably the most memorable example.” Circuit breakers as a solution? Because many of these outages are related to sudden spikes in trading volumes – sometimes resulting from extreme market volatility – some would argue circuit breakers could help exchanges resolve the problem. Circuit breakers, which were first implemented on stock exchanges after the “Black Monday” crash in 1987, are automatic stoppages put in place when prices fall below specified levels. They are designed to save the market from a complete meltdown. Read more: Does Crypto Need Circuit Breakers? Last Week’s Price Crash Ignites a Debate Deribit already has an index circuit breaker on its platform which is triggered at +/-1.5% index price move per second to “avoid massive sell-offs, and allow market participants to get up to speed with the market during highly volatile periods,” according to Strijers. “In the past, multiple derivatives exchanges have experienced flash crashes that have caused a cascade of liquidations and massive sell-offs,” he said. “Reasons have been various: an external market manipulation or internal error. To avoid this from happening, Deribit introduced a form of circuit breaker.” Deribit’s circuit breaker was triggered a few times during the night of March 13 when bitcoin prices dipped to a 12-month low . Read more: Bitcoin Price Briefly Dips to 12-Month Low in Overnight Trading However, with hundreds of crypto exchanges available, the introduction of circuit breakers could hinder an individual exchange’s performance when its service is down for a period of time. During Binance’s outage earlier this year, for example, rival exchanges including OKEx and Bitstamp saw big jumps in trading orders. FTX told CoinDesk it is not currently considering what it describes as “hard circuit breakers,” which would limit its users’ abilities to trade at some prices in the long term. “These make a lot less sense,” the exchange wrote. “Rather than acting as a sanity check, they restrict users’ ability to trade and enforce artificial pricing.” Jain, who previously was an advocate of circuit breakers, told CoinDesk he now doesn’t think this measure would solve exchanges’ outages. While prices for bitcoin and ether have been “relatively stable” recently, he said, outages still occur on exchanges. Jain even interprets it as a positive sign: In a more stable market, outages caused by traffic spikes mean that more people are using crypto exchanges. “I think this goes to demonstrate the level of demand in the crypto markets right now,” he said. “The last time I remember exchanges having problems like this was in early to mid-2017 when their servers just couldn’t keep up with user growth.” Crypto exchanges’ unregulated downside Some of the larger crypto exchanges may implement needed changes but without the threat of penalties from regulators if problems aren’t fixed, fundamental improvements are less likely to occur anytime soon. “The fact is that when you’re not penalized for these sorts of things, then you don’t spend as much money trying to fix it or prevent it,” Weisberger said. Weisberger pointed out another similarity between mainstream trading platforms and the crypto exchanges: the ethos of the Silicon Valley or, rather, the whole of the tech industry. The people behind these platforms prioritize issues like liquidity and transaction fees rather than reducing outages simply because the financial cost outweighs the benefit. “Is an uptime requirement of 99.999% something that the same type of people who invented Robinhood are going to aspire to?” Weisberger said. “The answer is no. They say they aspire to it but that’s very expensive. … As a result, there are outages.” Robinhood, which is more heavily regulated than the crypto exchanges, is now reportedly under investigation by the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority for its handling of an outage in March. If it gives them incentive to keep outages from repeating, regulatory oversight may end up being an asset for mainstream online trading. Related Stories Exchange Outages Are Going Mainstream: What Robinhood Can Learn From Crypto Exchange Outages Are Going Mainstream: What Robinhood Can Learn From Crypto View comments... - Reddit Posts (Sample): [['u/SpaceGenesis', "I'm trying to be positive but GL's actions are the opposite of intelligence. This is the worst update in A9 history. I'll explain why...", 146, '2020-09-02 01:15', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/', 'It\'s a pretty long rant. You have been warned...\n\n* Worsened graphics. Same device, much worse graphics for no reason. They literally made the game engine worse.\n* Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece.\n* The older bug with the mini map (tap do steer players can\'t tap in that area) is back.\n* The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn\'t fix it after the recent hotfix! Who pays these clowns who can\'t even revert some dumb changes?\n* The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The finest greediness. Also how come SE still shares the same tickets pool with daily events? They are different things!\n* Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don\'t win keys. Why should we even bother anymore?\n* The hard Unleashed event. They put the same required time 0:51 despite the cars having different rankings. They don\'t have the expression "fair play" in their dictionary.\n* Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can\'t get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary.\n* The new MP format which encourages dumb grinding to get some decent milestones.\n* The club rewards remain a joke.\n* You need to complete 250 conditions in SE just to have the chance to buy packs! Whatever GL idiot who thought of that should have his head smashed on his monitor.\n* They still didn\'t fix that stupid error with no internet connection! My internet is working, it\'s not my fault you can\'t code a decent internet connection algorithm.\n* The cheaters are still dominating MP. The Android version has such a poor security that every schmuck can abuse the game. I wonder if anyone even reads those in game reports or are there as placebo effect.\n* Did you check how much internet traffic this game consumes? What the fxx-k they transfer that A9 needs gigabytes of data every month just to play it?\n* Should I mention the bunch of useless employees called Customer Care? An appendix is more useful than them.\n* etc\n\nBut we have emoticons! And new cars while most of us didn\'t even max out or unlock many of the previous premium cars. Give me a reason why should I keep playing...\n\n&#x200B;\n\n[I hope your wallet is as big as their greediness.. ](https://preview.redd.it/htxthjfxbmk51.jpg?width=960&format=pjpg&auto=webp&s=32dfa27baa7b370850bb77d02bc0d14ab9089faa)', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/', 'ikva05', [['u/MrChillis12', 36, '2020-09-02 02:49', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3nyaxl/', 'Its a shame what the Asphalt Series in general has become.', 'ikva05'], ['u/JansenTempest', 22, '2020-09-02 04:43', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3obavd/', "Good post. I'll like to share my opinion about some of the points you touched.\n\n\\> Worsened graphics. Same device.\n\nOn Windows, the only difference I can tell is that the Nitro Bottles have their 'glow' reduced and the gameplay feels sightly smoother. Lag on Full Screen continues.\n\n\\> Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece. \n\nTotally agree. My game crashes every once in a while when starting races, and apparently I'm the only one on Windows that faces this issue. CPU usage is very high, which is unnecessary, in fact I play on the lowest graphics on windowed mode to avoid lag. Other games I play like GTA, Honkai Impact, or Android emulators work fine at medium-high graphics but this one...\n\n\\> The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn't fix it after the recent hotfix! Who pays these clowns who can't even revert some dumb changes? \n\nLoading screens got tampered with. It used to take 2-4 seconds to me load the game, now it takes around 5-10. Not a big deal on Windows but for Android/IOS players it isn't good.\n\n\\> The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The finest greediness. Also how come SE still shares the same tickets pool with daily events? They are different things! \n\nI'd like to write deeper thoughs about this one.\n\nRemember the old SEs where we could unlock the main car and star it up if you had most of the requested cars? Events like EVO, Terzo, Aperta and about this last one, I unlocked the Aperta with only a 3\\* BMW, 2\\* J50, 5\\* Corvette, 2\\* EVO, 2\\* Aventador J and a 2\\* 570S. Compared to this one I'm only missing the Jaguar, the Continental and my Vantage is at 1\\, everything else is maxed and I'm only going to get around 28-30 BPS* I'm not even going to unlock the car without spending Tokens. \n\nNow this is the main problem that not many people have noticed; Special Event Club Rewards were removed.\n\nA great boost for having a good club that has many of the requested cars. Isn't this one of Gameloft's goals for the game? Having a Club System that benefits its members? I don't even understand their objectives...\n\nForeseeing the McLaren Speedtail event I can almost guarantee you that all Lotus cars are going to be needed; the trashy Elise, the even trashier Evora and the P2W Evija, all of them in a useless pack for 650-750 Tokens. \n\nAll of the Mclaren cars on one pack that might cost 750-950 Tokens; P1, 570S and Senna. The only ok thing about the event.\n\nThe Bacalar and maybe the Valhalla. \n\nTo get what?, another Zenvo - Fenyr clone.\n\n\\> Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don't win keys. Why should we even bother anymore? \n\nI consider myself an above average player and I didn't even win the SC18 with 3 stars... Whales and alien Sandbaggers are dominant in this event. And notice this last one, ALIEN SANDBAGGERS! These kind of players have NOTHING to do in Tier 3-5. \n\nGrand Prix will never change for good. We gotta deal with it from now on...\n\n\\> Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can't get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary. \n\nIts not actually good tho. New players are not going to get much with these star requirements. \n\n\\> The new MP format which encourages dumb grinding to get some decent milestones. \n\nI said it once, twice and thrice and I'll say it again: Rush was way better at every aspect.\n\nIn fact, if they kept Rush AND added the Milestone system there, I'd be the Perfect MP.\n\nFinding people on lobbies is twice as hard on Windows, on the second season I played 5 duel races in a row at Elite league. How tf am I supposed to get the 1K Milestone points in 1 week at this rate? And that was a free trial car that everyone can use, image an 'owners only' car season...", 'ikva05'], ['u/JacksenLiew', 12, '2020-09-02 05:40', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3oh4mx/', "I don't mean to offend someone, but it is true that most of the Euro team/developer began to show their bad attitude and move in more opposite way after their product became more popular. Allow me to share some experience here....\n\nI read an article regarding someone applying for internship to join Sony corporation in America which happened few years ago. That guy who is taking internship program was doing good, but his boss don't give a fuck to what he was doing. That guy was completely raged that his boss showed bad attitude on him. So he began his 'revenge' to make his boss respond by asking all the users to give 1* on his boss product. Some day later, rating went down from 4.1* to below 2. His boss finally responded and changed his attitude after he see this happen to him.\n\nSame thing goes to the things you are currently facing. If you want GL respond you properly, the only way is to ask all the players not to support all their games/products anymore and ask them to give 1 to all their products.\n\nThere is no need to hold back. If they fuck you, just fuck them back. That's how it works.", 'ikva05'], ['u/kasraAK8', 10, '2020-09-02 07:50', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3orug8/', 'A good player that does bad on purpose to get a easier lobby so they can guarantee the car key , I personally have... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks.\nTron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain.\nZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives.\nA partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally.\nMedia Details –Company:ZelaaPayAEWebsite:https://zelaapay.ae/Email:[email protected]\nAttachment\n• ZelaaPayAE', 'ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks. Tron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain. Story continues ZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives. A partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally. Media Details – Company: ZelaaPayAE Website: https://zelaapay.ae/ Email: [email protected] Attachment ZelaaPayAE', 'Twitter Inc(NYSE:TWTR) disclosed Thursday that the account of\xa0Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, ReutersreportedThursday.\nWhat Happened:The prime minister’saccounthas over 2.5 million followers and is related to his website — www.narendramodi.in and mobile application.\n“We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted,” Twitter\xa0said in an emailed statement to Reuters.\nTweets were sent from the account asking followers to donate to a relief fund using cryptocurrency.\nWhy It Matters:The hacking of the prime minister’s account is similar to the one that took place in mid-July,\xa0where Bitcoin scammers asked for donations after taking over accounts of high-profile persons such as former President of the United States Barack Obama,Tesla Inc(NASDAQ:TSLA) CEO Elon Musk, andMicrosoft Corporation(NASDAQ:MSFT) co-founder Bill Gates.\nThe July-attack caused the private messages of at least 36 people to be compromised, while over 100 of Twitter’s preeminent users were affected.\nReports at the time\xa0suggested that an insider was allegedly responsible for the hacking. Twitter later stated that "spear phishing" attacks\xa0on employees led to the hack.\nPrice Action:Twitter shares closed nearly 6.1% higher at $43.67 on Wednesday and fell almost 0.4% in the after-hours session.\nPhoto courtesy:\xa0Kremlin.ru\nSee more from Benzinga\n• Facebook, Twitter Crack Down Against Russian Accounts Trying To Steer Away Biden\'s Left-Wing Voters\n• Twitter Takes Down Three Pro-Trump Accounts For Spreading Disinformation\n• Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Twitter Inc (NYSE: TWTR ) disclosed Thursday that the account of\xa0Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, Reuters reported Thursday. What Happened: The prime minister’s account has over 2.5 million followers and is related to his website — www.narendramodi.in and mobile application. “We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted,” Twitter\xa0said in an emailed statement to Reuters. Tweets were sent from the account asking followers to donate to a relief fund using cryptocurrency. Why It Matters: The hacking of the prime minister’s account is similar to the one that took place in mid-July,\xa0where Bitcoin scammers asked for donations after taking over accounts of high-profile persons such as former President of the United States Barack Obama, Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk, and Microsoft Corporation (NASDAQ: MSFT ) co-founder Bill Gates. The July-attack caused the private messages of at least 36 people to be compromised, while over 100 of Twitter’s preeminent users were affected. Reports at the time\xa0suggested that an insider was allegedly responsible for the hacking. Twitter later stated that "spear phishing" attacks\xa0on employees led to the hack. Price Action: Twitter shares closed nearly 6.1% higher at $43.67 on Wednesday and fell almost 0.4% in the after-hours session. Photo courtesy:\xa0Kremlin.ru See more from Benzinga Facebook, Twitter Crack Down Against Russian Accounts Trying To Steer Away Biden\'s Left-Wing Voters Twitter Takes Down Three Pro-Trump Accounts For Spreading Disinformation Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The EUR/JPY is getting close to the POC zone. The zone is making a confluence of pivot points and 88.6 fib retracement. We could see a bounce. 125.30-40 zone is Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $221,698,609,209 - Hash Rate: 112592821.26339708 - Transaction Count: 310922.0 - Unique Addresses: 691592.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Decentralized finance (DeFi) has been clogging the Ethereum network, but not in the way most analysts would have guessed. An architectural quirk in the most-used software version of Ethereum, Geth, has led to an uptick in the practice of spamming the network to secure trade profits over the last six months,accordingto Certus One co-founder Hendrik Hofstadt. Transaction spamming is one of many reasons the average Ethereum user fee has increased some 800% since May, according toCoin Metrics. Ponzi schemes likeMMMor DeFi’s general growth in 2020 are also to blame. Related:Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate Read more:Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum Hofstadt told CoinDesk that algorithmic trading firms have created bot swarms to watch the Ethereum transaction queue (called the mempool). These bots wait for large trades on DeFi platforms such as Uniswap. After they go through, the bots quickly place orders to take advantage of price movements in what is called “backrunning.” Too many firms knew about this practice, though. So some firms switched up their tactics over the spring months by sending awall of executionsto crowd out others and secure a backrun order. Rough modeling shows some $5.99 million in gas fees have been used to execute this trading strategy since April 2018,accordingto developer Philippe Castonguay. That’s about a week’s worth of typical Ethereum fees for useless transactions. Related:Two Reasons Crypto's Bull Market Is Coming Moreover, the majority of these trades occurred since March 12’s “Black Thursday,” when DeFi platforms sawrecord volumes. Read more:Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi For trading firms, this translates into more fees overall but arbitrage profits into the hundreds of thousands, according toaddressesprovided by Hofstadt. For the network, spamming crowds out other transactions. It also increases the average fee for everyone. On July 29, the Geth team approved swapping the execution model to a first come, first served basis. Yet, it remains to be seen if mining firms will update to the new Geth version. Hofstadt said miners could keep doing business as usual if they value the extra pocket change from DeFi traders more than helping out the network in general. Indeed, total network fees per day on Ethereum has increased 1,077% since May 5 from $162,200 to $1,909,000 on a seven-day rolling basis, according toCoin Metrics. • DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say • DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say... - Reddit Posts (Sample): [['u/Skyblue_Monty', 'Blood Bowl is an amazing game....', 94, '2020-09-03 01:13', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/', 'Blood Bowl is an amazing game... one week you are getting diced by Wood Elves the next you are pulling this off... lol \n\n\n[https://www.twitch.tv/skybluemonty/clip/EndearingFastHerbsTTours](https://www.twitch.tv/skybluemonty/clip/EndearingFastHerbsTTours?fbclid=IwAR0YdoH69gzEFEJiASR9zWUZ3gJO2V0MsrVVBfmw0A5LxlQR7MD_L20UbTc)', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/', 'ilhvyj', [['u/Zelash', 11, '2020-09-03 02:56', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/g3sjvqw/', 'Amazing', 'ilhvyj']]], ['u/[deleted]', "Gold bars worth $1.5m found in passenger's lunch box in UK, shoulda used bitcoin.", 181, '2020-09-03 02:22', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/', 'Eight gold bars said to be worth £750,000 (NZ$1.48 million) are being auctioned off in the UK after they were seized from a passenger flying to Dubai.\n\nThe haul was found in the lunch box of a flyer at Manchester Airport by HM Revenue and Customs in 2018, but under new “civil proceeds of crime powers laws”, the bars are being sold off this week.\n\nAll the proceeds are going back into the “public purse”, so will be spent on services including hospitals and schools.\n\nThe gold bars weighed in at 16kg, or as the Customs described it, the “average weight of an adult Staffordshire Bull Terrier”.\n\nThe passenger who had been carrying the bars has not faced criminal prosecution.\n\nGill Hilton, assistant director at HMRC\'s Fraud Investigation Service, said it was the first time the 2017 Criminal Finance Act had been used to “seize and forfeit a listed asset, and it should act as a deterrent to criminals looking to trade assets such as precious metals”.\n\n”If they are the proceeds of crime or intended for unlawful conduct, we now have the powers to take them from criminals.\n\n"We are determined to cut off the funds that finance serious crime in the UK."', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/', 'ilj193', [['u/roveridcoffee', 151, '2020-09-03 02:35', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3shj5m/', 'Evidence of crime? My understanding is "none". So it\'s just border control stealing funds...', 'ilj193'], ['u/TerrapinSoup', 10, '2020-09-03 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3sl51p/', 'This is the best argument when comparing bitcoin to not just gold, but anything. Land, money, any asset. Everything can be stolen by criminals and if not them it can be stolen by government. Bitcoin is the one true thing in this world which cannot be taken from you. It is the one thing you have absolute ownership of.', 'ilj193'], ['u/MarcusRatz', 46, '2020-09-03 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3sl75k/', "Seems to be common across the five eyes now days. In Australia, you can be found not guilty of crime, but the government can still seize your assets, if they believe that on balance of probability, you should have been found guilty. And in the USA, well, they've made a multi-billion dollar industry of cops seizing funds from people that have never been convicted of any crimes. \n\nThis is actually the reason why I don't support the use of hardware wallets. A hardware wallet tells everyone, from cops to gangsters, that you own bitcoin. Thus, the cops can put you in jail until you hand over the bitcoin, or gangsters will keep hitting you with a five dollar wrench until you hand over the bitcoin if they find you in possession of a hardware wallet. I have a small amount in my phone wallet, that I spend, or can hand over if threatened, with the rest stored in my head as 12 memorised seed words.", 'ilj193'], ['u/ultrajoba', 12, '2020-09-03 03:46', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3spkcb/', 'Store well...until you accidentally bump your head and forget one word or the sequence. Brain seeds are good but you need to have a tangible back up. Or even better a tangible clue that can lead you to the seeds.', 'ilj193'], ['u/Street_Governments', 20, '2020-09-03 04:03', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3srde6/', 'How do you have that much gold and be stupid enough to try to walk it on a plane.', 'ilj193'], ['u/SpecialX', 48, '2020-09-03 04:27', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3stx3d/', 'Seed phrase in memory alone? Say goodbye to that coin lmao', 'ilj193'], ['u/Chipjack', 43, '2020-09-03 05:41', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t1lil/', 'The US gets a lot of shit for using yards and gallons instead of meters and liters like the rest of the world, but I just want to point out that UK Customs is willing to measure the weight of gold in "average adult Staffordshire Bull Terriers" and I think that\'s pretty damn funny.', 'ilj193'], ['u/punto-', 13, '2020-09-03 06:00', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t3j5s/', "I don't get it, is it illegal to own gold ? If he's not being prosecuted then what is the problem ? Do they just take your shit and sell it because they feel like it ?", 'ilj193'], ['u/punto-', 10, '2020-09-03 07:03', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t92w4/', 'That logic only makes sense if they charge him with a crime', 'ilj193'], ['u/belaxi', 29, '2020-09-03 07:05', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t98po/', 'Easier than it might seem with a little effort. Mnemonics are powerful. It took me about a week to memorize an entire specific order for a “randomly shuffled deck” (the deck is stacked). So 52 parts with more variables than just digits, and that was just to impress girls at bars. \n\nQuick note: the girls were not impressed.', 'ilj193'], ['u/Subwayyysurfer', 12, '2020-09-03 09:36', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3tjezb/', "Like i'm gonna remember the names of all of my 24 kids...", 'ilj193'], ['u/anon517', 12, '2020-09-03 09:46', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3tk0fd/', 'No, because you just measured your washing machine against the regular size of one.', 'ilj193']]], ['u/xd1gital', 'To AntPool, ViaBTC and other undecided miners: There is no rule to stop you sharing your income with ABC if you run BCHN', 49, '2020-09-03 05:40', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/', "You can stop this split now, stop the uncertainty. Your electricity won't be wasted if there is no split", 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/', 'ilm29s', [['u/jonald_fyookball', 25, '2020-09-03 05:42', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t1omn/', ">You can stop this split now,\n\nI don't see a split. No BCH miners signal for ABC. ABC chain will be a minority chain. It's what everyone wants and will get.", 'ilm29s'], ['u/xd1gital', 19, '2020-09-03 05:52', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t2pzw/', "As long as we see the trolls here, I am certainly sure that we're on the right track.", 'ilm29s'], ['u/fromsmart', 21, '2020-09-03 06:01', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t3p9a/', 'looking at your comment history I recommend seeing a professional.', 'ilm29s'], ['u/Cmoz', 16, '2020-09-03 06:19', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t5ck0/', 'At least BCH has competing dev teams to handle a situation like this. \n\nImagine if Wladamir backed by Blockstream & Co pulled a move like this (remember that theres nothing actually stopping them from doing so). BTC would be screwed.', 'ilm29s'], ['u/Bagatell_', 13, '2020-09-03 08:27', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3tf6s4/', '> The miners came up with the idea to create a fair way to support development. \n\nNot really.\n\n[Myth #1: “But This Wasn’t Amaury’s Decision, It Comes From the Miners!”](https://read.cash/@jonald_fyookball/amaurys-ifp-is-incompatible-with-bitcoin-cash-cadaec1a#myth-1-but-this-wasnt-amaurys-decision-it-comes-from-the-miners)', 'ilm29s'], ['u/Ant-n', 12, '2020-09-03 09:12', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3ti1l4/', '>\tLol i love you guys begging your dictators not to impose harsh laws and taxes on your centralized shitcoin\nWhen are you gonna admit we were right all along?\n\nWho were right?\n\nThe crippled coin fanboys?', 'ilm29s']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 03, 2020', 48, '2020-09-03 06:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ilmeph/daily_discussion_thursday_september_03_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to in... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Launched on 31st August 2020, FACT (“Fee Active Collateral Token”), a lending protocol, has entered the DeFi scene with a bang. Its unique product allows cryptocurrency investors to deposit various stablecoins as collateral, all with zero interest rate. FACT’s investment model is designed to give investors a new passive income model, as opposed to traditional staking used in other DeFi protocols. Also Read \| The Major Upside of Bitcoin – What Does It Mean? It’s noteworthy that DeFi lending and staking are now gaining popularity in the cryptocurrency, as they allow you to make money even while you sleep. To that end, FACT introduced its unique lending model to help investors earn passive returns on both their deposits and investments. By staking FACT, you’re automatically considered a Liquidity Provider, using your collateral to hedge against volatility in the crypto markets. To get you started, here\'s how you can easily earn passive income with FACT. Also Read \| Marsan Bitcoin Exchange - Everything You Need to Know First, deposit Dai (or any other supported token) at 0% interest as collateral to get FACT for liquidity mining. To help sustain the platform, borrowers pay a one-time 2% processing fee to liquidity providers (i.e., stakers). Then, you can stake FACT to earn passive returns. By staking FACT, you\'ll be recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee. In addition to liquidity providing , you\'ll receive a part of the tokens (7 million FACT) allocated for staking rewards. Keep in mind that your earnings are determined by two factors: how much FACT you stake and how long your crypto-assets are locked in the system, As a liquidity provider you’ll get the 2% distributed as long as you are staking FACT. FACT is the native token, so you don\'t need to hold token ETH/FACT pairs — say 50% ETH and 50% FACT — to become a liquidity provider. Also, as a staker, you\'ll not be affected by price fluctuations and impermeant losses since you\'re only contributing to the liquidity pool by only FACT. Story continues FACT was recently listed on popular decentralized exchange Uniswap, in what was a high-profile launch. This massive partnership has helped early-stage FACT investors successfully earn a whopping 1400% return on their investments. In what was a strategic move aimed at getting better exposure and more traction, FACT scored another exchange partnership with Hotbit four days later. For the unfamiliar, Hotbit is an exchange that allows you to trade virtually every major cryptocurrency, more than every other exchange in the crypto space. 20,000 FACT tokens will be burned every month and most of the remaining tokens will be locked up in FACT\'s smart contract to provide liquidity to the mining pool. The smart contract is already in development, and HODLers will be able to stake their tokens starting from 20th September, 2020. September will be a significant month for the project, with operations kicking into full swing this month. Several \'updates\' have been rolled out already, such as the Uniswap token listing, presale Liquidity lock and Hotbit listing. Moreover, plans are already in place for major announcements like the Probit and Kucoin listings (in the coming weeks), beta release, and staking dApp launch which are highly anticipated in the community. FACT Project Roadmap; major announcements expected in September FACT has a circulating supply of 400,000 while as of September 3 (i.e., after the first FACT coin burn), the total supply is 15,382,000. Out of the total supply of FACT, 5.5 million FACT available to the liquidity pool. To reduce the supply of FACT tokens, FACT DAO will burn 20,000 FACT every month, thereby preventing inflation. Since FACT is a deflationary currency, its value will only increase over time while the supply reduces. As such, stakers will keep earning better rewards for liquidity mining. Considering the overall complexity of the project and the ambitious vision of the team, FACT has already made a lasting impression in less than a week (precisely three days) after its launch. It\'s important to note FACT is much more than a cryptocurrency; it\'s an ecosystem supporting crypto stakeholders who believe in the future of money: decentralized finance. With a fast-growing community of passionate investors and several groundbreaking features to be added in the future (launching its DEX, for instance), FACT is no doubt one innovative project to watch out for in the DeFi space. Through zero-interest lending, lucrative staking rewards and yield farming, the future looks bright, for a FACT ! For more information on FACT and how it\'s not "just another lending protocol", you can read the whitepaper: https://fact.finance/FACT_WHITEPAPER_V11.pdf Contract address: 0x23aEfF664c1B2bbA98422a0399586e96cc8a1C92 Follow FACT on Twitter: https://twitter.com/factdefi Telegram official community: https://t.me/factfinance Telegram official Korean community: https://t.me/factfinancekor FACT website: https://fact.finance Media inquiries: [email protected]', 'Launched on 31st August 2020, FACT (“Fee Active Collateral Token”), a lending protocol, has entered the DeFi scene with a bang. Its unique product allows cryptocurrency investors to deposit various stablecoins as collateral, all with zero interest rate. FACT’s investment model is designed to give investors a new passive income model, as opposed to traditional staking used in other DeFi protocols.\nAlso Read \|The Major Upside of Bitcoin – What Does It Mean?\nIt’s noteworthy that DeFi lending and staking are now gaining popularity in the cryptocurrency, as they allow you to make money even while you sleep. To that end, FACT introduced its unique lending model to help investors earn passive returns on both their deposits and investments.\nBy staking FACT, you’re automatically considered a Liquidity Provider, using your collateral to hedge against volatility in the crypto markets. To get you started, here\'s how you can easily earn passive income with FACT.\nAlso Read \|Marsan Bitcoin Exchange - Everything You Need to Know\nFirst, deposit Dai (or any other supported token) at 0% interest as collateral to get FACT for liquidity mining. To help sustain the platform, borrowers pay a one-time 2% processing fee to liquidity providers (i.e., stakers).\nThen, you can stake FACT to earn passive returns. By staking FACT, you\'ll be recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee. In addition to liquidity providing , you\'ll receive a part of the tokens (7 million FACT) allocated for staking rewards. Keep in mind that your earnings are determined by two factors: how much FACT you stake and how long your crypto-assets are locked in the system, As a liquidity provider you’ll get the 2% distributed as long as you are staking FACT.\nFACT is the native token, so you don\'t need to hold token ETH/FACT pairs — say 50% ETH and 50% FACT — to become a liquidity provider. Also, as a staker, you\'ll not be affected by price fluctuations and impermeant losses since you\'re only contributing to the liquidity pool by only FACT.\nFACT was recently listed on popular decentralized exchange Uniswap, in what was a high-profile launch. This massive partnership has helped early-stage FACT investors successfully earn a whopping 1400% return on their investments. In what was a strategic move aimed at getting better exposure and more traction, FACT scored another exchange partnership with Hotbit four days later. For the unfamiliar, Hotbit is an exchange that allows you to trade virtually every major cryptocurrency, more than every other exchange in the crypto space.\n20,000 FACT tokens will be burned every month and most of the remaining tokens will be locked up in FACT\'s smart contract to provide liquidity to the mining pool. The smart contract is already in development, and HODLers will be able to stake their tokens starting from 20th September, 2020.\nSeptember will be a significant month for the project, with operations kicking into full swing this month. Several \'updates\' have been rolled out already, such as the Uniswap token listing, presale Liquidity lock and Hotbit listing.\nMoreover, plans are already in place for major announcements like the Probit and Kucoin listings (in the coming weeks), beta release, and staking dApp launch which are highly anticipated in the community.\nFACT Project Roadmap; major announcements expected in September\nFACT has a circulating supply of 400,000 while as of September 3 (i.e., after the first FACT coin burn), the total supply is 15,382,000.\nOut of the total supply of FACT, 5.5 million FACT available to the liquidity pool. To reduce the supply of FACT tokens, FACT DAO will burn 20,000 FACT every month, thereby preventing inflation. Since FACT is a deflationary currency, its value will only increase over time while the supply reduces. As such, stakers will keep earning better rewards for liquidity mining.\nConsidering the overall complexity of the project and the ambitious vision of the team, FACT has already made a lasting impression in less than a week (precisely three days) after its launch. It\'s important to note FACT is much more than a cryptocurrency; it\'s an ecosystem supporting crypto stakeholders who believe in the future of money: decentralized finance.\nWith a fast-growing community of passionate investors and several groundbreaking features to be added in the future (launching its DEX, for instance), FACT is no doubt one innovative project to watch out for in the DeFi space. Through zero-interest lending, lucrative staking rewards and yield farming, the future looks bright, for aFACT!\nFor more information on FACT and how it\'s not "just another lending protocol", you can read the whitepaper:https://fact.finance/FACT_WHITEPAPER_V11.pdf\nContract address:0x23aEfF664c1B2bbA98422a0399586e96cc8a1C92\nFollow FACT on Twitter:https://twitter.com/fac Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $193,332,267,450 - Hash Rate: 117829696.67099696 - Transaction Count: 298286.0 - Unique Addresses: 680093.0 Social & AI Sentiment: - Fear & Greed Index: 0.40 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy, a publicly-traded company worth $1.2 billion, told shareholders last week that it plans to invest $250 million in "alternative investments or assets" — a strategy shift that could see the firm buying bitcoin. The company's president and chief financial officer, Phong Le, made the comments during a June 28 earnings call, according to a transcriptpublishedon the Motley Fool. Their remarks came in the context of returning value to shareholders, noting: "Overall, we've returned more than $245 million to shareholders through the repurchase of 1.8 million shares since the fourth quarter of 2018. Our capital allocation strategy going forward is to return a portion of this excess capital to our shareholders and invest a portion in assets with higher return profiles in cash. Accordingly, today, we are announcing a capital allocation strategy under which we plan to return up to $250 million to our shareholders over the next 12 months. In addition, we will seek to invest up to another $250 million over the next 12 months in one or more alternative investments or assets which may include stocks, bonds, commodities such as gold, digital assets such as Bitcoin, or other asset types." Later during the call, CEO Michael Saylor highlighted that "[g]old, silver, and bitcoin are showing strength" and went on to remark that "it makes sense to shift our treasury assets into some investments that can't be inflated away or are less likely to be inflated away." "So, as we pursue alternative investment strategies for our treasury assets, we expect that we will have more volatility, at least as measured in U.S. dollar terms looking forward," he continued. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/gotamd', 'The Automod Bot Now Responds to Every Comment with the Word "BCash" in It', 46, '2020-09-04 01:01', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/', "Please, mods, please turn this off. We all know. There's no need to have this bot create spam, such as in this post: https://www.reddit.com/r/btc/comments/ilxksg/btg_is_being_delisted/\n\nEDIT: I found a workaround by simply blocking automod. I don’t know what other impacts that may have, but it works for me. Now its comments won’t monopolize my phone screen.https://i.imgur.com/qLb7LCU.jpg", 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/', 'im4azu', [['u/Justin_Other_Bot', 11, '2020-09-04 01:15', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3x4xh6/', 'Is that so automod? Can you explain bcash in a little more detail?', 'im4azu'], ['u/World_Money', 13, '2020-09-04 01:19', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3x5dfw/', "That's super fucking annoying.", 'im4azu'], ['u/phillipsjk', 22, '2020-09-04 02:11', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xecwf/', "I don't think the bot necessarily needs to be removed: just rate-limited to like 3% of comments in a thread or something.", 'im4azu'], ['u/500239', 13, '2020-09-04 02:25', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xg1im/', 'Agreed or to posters with a history of using that word', 'im4azu'], ['u/jonald_fyookball', 17, '2020-09-04 04:41', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xush5/', '>r to posters with a history of using that word\n\nThis would be perfect... would allow it to be used "normally" without a dumb bot freaking out all the time, but at the same time would be annoying to trolls who are abusive.', 'im4azu']]], ['u/Raverrevolution', 'Little pep talk for you newbs and other too. Hard facts you need to remember about bitcoin!', 80, '2020-09-04 02:07', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/', "Don't let these dips sway your thoughts into thinking doom and gloom.\n\nJust remember this;\n\n1)Fiat money has the ability to become worthless due to the fact that a central entity controls its production. In times of crisis they'll print too much and as much as they could which will just cause everything out there to be worth less.\n\n2)Companies (stocks) have the ability to become worthless as well being that they function on the dollar as a piggyback. They got pumped due to the dollar, NOT because they did better business. Maybe Amazon and Tesla, but other companies no.\n\n3)Bitcoin needs a DEMOCRACY to become worthless, meaning that for bitcoin to become worthless 100% of its participants have to agree on this AT THE SAME TIME. All miners have to shut down, all nodes have to shut down, many bitcoin businesses need to close doors, etc.\n\nBitcoin is the first time in human history that we have DIGITAL SCARCITY. That alone will make bitcoin always worth it to everyone. So do not become fazed by this. Just use this opportunity to buy more.", 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/', 'im5e19', [['u/soontobesilenced', 26, '2020-09-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/g3xi3pc/', "pep talk? everyone waiting for a better price just got it. it's been uptrending for 6 months. obviously that had to end some time. why is a lower price bad? it's a buyers market now instead of a sellers market. that's great for buyers.", 'im5e19'], ['u/CraftyMuthafucka', 10, '2020-09-04 04:54', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/g3xw2bo/', 'I think he’s pep talking himself.', 'im5e19']]], ['u/rotaryfurball', 'If the Stock Market Opens Red Tomorrow, Expect Massive Dips in Bitcoin; Bitcoin Growth/Dip == Stock Market', 198, '2020-09-04 03:48', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/', "As the title suggests. \n\nI see posts of people asking whether to buy or not. No one knows but one thing is for sure, but when the election comes around in one month and stimulus starts drying out the stock market is going to crash, the FEDs can't QE forever. With that being said, Bitcoin follows the stock market. Today the stock market, dropped near 4%. Bitcoin dropped 8% and in the plague like dips in March/April. Bitcoin just doubles the dips of the stock market. \n\n&#x200B;\n\nSource: My ass.", 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/', 'im6z0j', [['u/tommygunz007', 14, '2020-09-04 03:53', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xpu6l/', "Let's hope it hits 6k so we can buy more. 6k 6k 6k", 'im6z0j'], ['u/Libertos', 14, '2020-09-04 04:30', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xtmjj/', 'I wonder if whales sometimes time their sells to things like a falling stock market, so people will think correlation is causation, and when the stock market drops again people will freak out, sell more BTC and guess who is waiting to drink the tears of the scared sellers and scoop up cheaper BTC? Just my random thoughts...\n\nBuy the dips boys and HODL!', 'im6z0j'], ['u/Chipjack', 127, '2020-09-04 04:49', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xvmr6/', ">Source: My ass.\n\nWhether I agree with your prediction or not, I have to appreciate your transparency. At the very least, you've given us something to think about and that's never a bad thing. Thanks for sharing your thoughts with us.", 'im6z0j'], ['u/HellHathNoFlurry', 23, '2020-09-04 05:00', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xwq52/', "I think you're right about the stock market. I'm out of work, so last week I sold enough stock to cover my living expenses for a year. With businesses shutting down, people out of work, stimulus money drying up, riots/looting/mayhem in our cities, and a contentious election coming up in which there's a possibility that either side won't accept the results if the other side wins... it seemed a good time to mitigate some risk! I don't think stocks can continue in a direction that diverges from the economic and political events that I'm seeing in the news every day. I'm still hodling though 🤣", 'im6z0j'], ['u/Oninteressant123', 25, '2020-09-04 05:34', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3y075e/', "I mean even the hedge-fundiest of whales can only predict the market with like 54% accuracy so I'd say OP's ass is a perfectly good source.", 'im6z0j'], ['u/LegendOfJeff', 17, '2020-09-04 06:20', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3y4htr/', 'That used to be true. But since February, the correlation has been pretty strong.', 'im6z0j'], ['u/joeknowswhoiam', 10, '2020-09-04 09:31', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3yijla/', '[It hasn\'t](https://www.blockchaincenter.net/cryptocurrency-correlation-study/) been "strong". Never even came close to 0.5... at best you\'ve just demonstrate that a global negative event like COVID-19, affecting every single country\'s economy also has an effect on Bitcoin, not sure it really needed such a deep analysis to come to predict this though. Yes exchanges and businesses accepting Bitcoin also deal with fiat a lot and also require customers to do business... When there are less customers or they can\'t be as economically active as usual (e.g. they have lost their jobs/businesses/etc.), it has a negative impact on the economy... who\'d a thunk it?', 'im6z0j']]], ['u/THE_YB', 'NANO vs PAYPAL (& Smart Contracts)', 16, '2020-09-04 05:48', 'https://www.reddit.com/r/nanocurrency/comments/im8t8u/nano_vs_paypal_smart_contracts/', "Hi im a crypto noob but wanted to invest long term in an asset with 10-1000x return possibility. Obviously stocks being stupidly over valued crypto was the only option.\n\nI have used BTC in the past and was SHOCKED at how shit it was given the hype e.g. Took 1hr to send and cost 30% transaction fees. So I asked a tech friend about alternatives and he said Nano - instant & free - great i thought and purchased my first 500 at 1.32 a few weeks ago.\n\nMy luck nano tanked today but i had planned on buying 2k worth anyway and was looking to buy at 0.85,0.55 and 0.35 (apprx support levels).\n\nHOWEVER (and this is my question), before i brought my next lot of Nano i was looking at Reddit for some more fundamental analysis before really committing to the full 2k+ plan.. In doing so i stumbled on 1 big flaw.\n\nWhy would someone use Nano over Paypal? Now i understand the Niche crypto community dont care about paypal users and I agree paypal is expensive & nazi-ish but as an investor who wants their coin to achieve MASS multi-billion user adoption we have to be realistic here.. Consumers drive demand for currency - if a ccy doesnt benefit the consumer in someway it will be difficult for nano to become a 'macro' ccy.\n\nThe speed is cool but paypal matches the speed. The fees? the consumer doesnt pay them anyway. You could argue thtat suppliers pass the fees back onto the consumer though so i guess that is a fair point. BUT the biggest barrier imo is the SAFETY that paypal/ credit card companies provide.\n\nIf i was to buy something online using nano, i would have no guarantee that 1. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7. It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move. Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0. Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout. It was a bullish day for the rest of the majors, however. EOS led the way, rallying by 14.50%. Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support. Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, EOS was up by 1.55% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0. Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043. Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 5th, 2020 USD/JPY Weekly Price Forecast – US Dollar Rallies Into Resistance USD/CAD Daily Forecast – U.S. Dollar Fails To Continue Its Rebound Gold Price Forecast – Gold Markets Continue to Show Current Area Bitcoin Down Almost 10% Today, You’ll Be Surprised to Hear What’s Next The Weekly Wrap – A Busy Economic Calendar Delivered Support for the Greenback', 'Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7. It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move. Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0. Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout. It was a bullish day for the rest of the majors, however. EOS led the way, rallying by 14.50%. Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support. Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, EOS was up by 1.55% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0. Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043. Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 5th, 2020 USD/JPY Weekly Price Forecast – US Dollar Rallies Into Resistance USD/CAD Daily Forecast – U.S. Dollar Fails To Continue Its Rebound Gold Price Forecast – Gold Markets Continue to Show Current Area Bitcoin Down Almost 10% Today, You’ll Be Surprised to Hear What’s Next The Weekly Wrap – A Busy Economic Calendar Delivered Support for the Greenback', "NEW YORK, NY / ACCESSWIRE / September 5, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/604959/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 5, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on AL Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $193,332,267,450 - Hash Rate: 123066572.0785968 - Transaction Count: 325523.0 - Unique Addresses: 685736.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Office of the Comptroller of the Currency (OCC), a federal banking regulator in the U.S., is rapidly expanding crypto awareness on Capitol Hill. The OCC published an interpretive letter Wednesday announcing that in its view, nationally chartered banks are able to provide custody services for cryptocurrencies, a move that the industry widely praised as one that could help mainstream adoption of crypto, even though it’s unclear as to whether banks will immediately act on the regulatory clarification. This development is likely to be very positive for the digital assets space, but major U.S. banks probably won’t be holding Bitcoin any time soon. Related: Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round Congressman Darren Soto (D-Fla.) told CoinDesk in a phone call that the letter was “an important step” to better integrate cryptocurrencies into the U.S. financial system, though he cautioned that “the federal government is still behind in incorporating” cryptocurrency. “We support further integration of cryptocurrency into the financial system, including allowing the major financial institutions to hold this currency. It’ll lead to further legitimization of crypto,” he said. Across the aisle, Representative Tom Emmer (R-Minn.) agreed, telling CoinDesk in an emailed statement that providing custody is “a big step forward” for financial innovation. Both representatives are members of the Congressional Blockchain Caucus. Related: Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset “[Acting Comptroller] Brian Brook’s work should serve as a guiding light forward for the rest of our patchwork of financial regulators,” Emmer said. A number of aspects of the letter make it interesting, said a Congressional staffer, who advises a lawmaker on fintech issues and asked for their name to be withheld. The first was its rapid release, given Brooks just took the job in May. The staffer said a number of lawmakers will claim that insufficient research was put into the benefits or detriments of the move. Even the bullish Soto noted that the OCC’s announcement seemed hurried. “We’ve seen some things rushed throughout the Trump administration so this isn’t particularly surprising,” Soto said, though he added, “it’s been a long time coming. This should have happened months or years ago.” The Congressional staffer added that the form of the letter is interesting, in that it’s not an announcement or a rule. “It looks like it’s an interpretive letter, which maybe a specific bank asked for … and that’s fairly normal practice if regulations are a little ambiguous but usually … you don’t issue it writ large.” Story continues Starting a conversation Up until now, the lack of regulatory clarity has meant mainstream financial firms like Fidelity have managed to get into crypto, but only by going the long way around and creating a separate legal entity, such as Fidelity Digital Assets. The OCC letter provides clarity so that banks can get closer to crypto without worrying about regulatory uncertainty. “People who are supportive of crypto and blockchain technology will see this as a very positive step, and the more skeptical crowd, this’ll further entrench their viewpoint,” the Congressional staffer said. “I think there’s a very large group of politicians who have never thought about this, so that’s the real benefit is it’ll start that discussion.” Ron Hammond, a former aide to Rep. Warren Davidson (R-Ohio), agreed that the move might force a conversation around crypto, but noted that neither major party – Democrats or Republicans – currently have a platform around financial technology or digital assets. He expects Democrats as a party to come out against the move, he told CoinDesk in a phone call. “Democrats already are skeptical of banks [and] they’re even more skeptical of digital assets, so you put those two together and you have a pretty big policy storm of mistrust in the system,” he said. Anti-money laundering and know-your-customer concerns may be brought up, along with the fact that Brian Brooks, the current Acting Comptroller of the Currency, has been neither formally nominated nor confirmed to his role. The conversation about crypto will not be limited to Capitol Hill. Alex Batlin, CEO of digital asset custody provider Trustology, and a former blockchain lead at BNY Mellon and UBS, told CoinDesk he expects there to be “a lot more conversations” about crypto in various company boardrooms this coming fall. Open door A number of barriers still remain before any nationally chartered banks are able to actually offer crypto custody services. Hammond said that while the letter might provide cover for smaller banks, major ones would need more reassurance before they’d be willing to enter the space. “I don’t expect you will see much change in the next three to four months, but then we might see some acceleration thereafter,” Batlin said. “I expect that after the summer, this will come up as banks will be holding investment committees for funding approvals for the next year.” There are also concerns around whether the letter can provide binding guidance. The Congressional staffer noted that the relevant statutes could be interpreted differently by another administration, meaning a future letter or rulemaking process could tell banks the opposite of Wednesday’s missive. Still, the OCC’s overtures open the door for much less risky and cheaper routes into crypto for big banks, said Batlin. The way banks are likely to dip their toes in is by going the sub-custody route, he said, by partnering with small specialist organizations. “That’s exactly what a global custodian like BNY Mellon does anyway,” Batlin said. “Now that this activity is going to be regulated, I expect the cheapest solution for bigger banks is to have some kind of semi-derisked trial of this is to use someone as a sub-custodian.” Following Europe The OCC letter brings the U.S. closer to the situation in Germany, where lawmakers provided clarity that essentially eased restrictions on banks providing custody of crypto assets. Germany’s Financial Supervisory Authority (BaFin) released guidance earlier this year clarifying how firms based outside the nation could still provide custody services within Germany’s borders and remain in compliance with international law, such as the European Union’s Fifth Anti-Money Laundering Directive. “The U.S. is following Europe, and the use cases are unlikely to be crypto coins,” said Phil Mochan, co-founder of Koine, a London-based custody and post-trade settlement solution for digital assets. “The banks in Germany are all saying they are not going to touch crypto coins, but are interested in primary issuance of securities on behalf of their clients.” Mochan pointed out that simply providing cold storage of crypto keys does not resolve any of the post-trade activities needed for standard market infrastructure, which involves the emergence of blockchain-enabled central securities depositories (CSDs). Election approaching Back in the U.S., the upcoming presidential election is one wild card that might determine whether the next Comptroller reverses the decision or not. “I don’t see a situation where a [Republican President Donald] Trump nominee, whether he be Brooks or someone else, would overturn this but I can see a situation in a [Democratic Presidential nominee Joe] Biden administration where this gets overturned,” he said. That’s not to say a potential Biden administration would for sure overturn the move, and it’s unlikely to be a key priority, but the uncertainty remains. “There’s no notice or comments, [no] input [from] the industry,” Hammond said. “I can see a Biden administration being more concerned about that and probably striking down the [letter].” Soto said Congress needed to take action to bring further clarity, starting with passing the Token Taxonomy Act (which Hammond wrote while working for Davidson) and the Digital Taxonomy Act (which Soto sponsored). “We need to pass both those bills to establish basic definitions and jurisdiction so there’s no overreach by agencies and there’s more certainty,” he said. “I continue to be troubled by the fact that many new cryptocurrency firms have to spend [millions] due to the complex rules in the United States and that’s because we’ve left it solely to the agencies.” Related Stories Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore View comments... - Reddit Posts (Sample): [['u/[deleted]', 'Ive counted over 33 forks of btc. Is this not enough to disolve the narrative that forks are detrimental. Only one of theese forks represents Satoshis White Paper. BCH P2P Electronic Cash.', 30, '2020-09-05 00:00', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/', 'Bitcoin Cash: Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH\nBytether: Cross fork from Bitcoin to Ethereum blockchain at block 478558, 1 August 2017. For each 1 BTC you get 1 BTH ERC-20 token.\nBitcoin Clashic: Forked at Block 478558, 1 August 2017. For each 1 BTC you get 1 BCHC / BCL\nBitcoin Gold: Forked at Block 491407, 24 October 2017, For each 1 BTC you get 1 BTG\nBitcoin Diamond: Forked at Block 495866, 24 November 2017, For each 1 BTC you get 10 BCD\nUnitedBitcoin: Forked at Block 498777, 12 December 2017, For each 1 BTC you get 1 UB\nBitcoin Hot: Forked at Block 498848, 12 December 2017, For each 1 BTC you get 100 BTH\nSuper Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 SBTC\nBitcoinX: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 10,000 BCX\nOil Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 OBTC\nBitcoin World: Forked at Block 499777, 17 December 2017, For each 1 BTC you get 10000 BTW\nLightning Bitcoin: Forked at Block 499999, 19 December 2017, For each 1 BTC you get 1 LBTC\nBitcoin Stake: Forked at Block 4999999, 19 December 2017, For each 1 BTC, you get 100 BTCS\nBitEthereum: Forking on 21 December 2017, For each 1 BTC you get 3.940616 BITE\nBitcoin Top: Forked at Block 501118, 26 December 2017, For each 1 BTC you get 1 BTT\nBitcoin God: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1 GOD\nBitcoin FILE: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1000 BIFI\nBitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name. Forked at Block 501451, 28 December 2017. For each 1 BTC you get 1 B2X\nBitcoin Uranium: Forking on 31st December 2017, For each 1 BTC you get 1 BUM.\nBitcoin Pizza: Forking at Block 501888, 1st January 2018, For each 1 BTC you get 1 BPA\nBitcoin All: Forking on 1st January 2018, For each 1 BTC you get 1 BTA. Referenced on steemit post.\nBitcoin Cash Plus: Forking at Block 501407, Expected on 2nd of January 2018, For each 1 BTC you get 1 BCP\nBitcoin Smart: Forking at Block 505050, 21 January 2018, For each 1 BTC you get 1 BCS\nBitcoin Interest: Forking at Block 505083, 22 January 2018, For each 1 BTC you get 1 BCI\nQuantum Bitcoin: Forking on 28th January 2018, For each 1 BTC you get 1 QBTC\nBitcoin LITE: Forking on 30th January 2018, For each 1 BTC you get 1 BTCL\nBitcoin Ore: Forking on 31st January 2018, For each 1 BTC you get 1 BCO\nBitcoin Private: Forking in January 2018, For each 1 BTC you get 1 BTCP (also if you have 1 ZCL you get 1 BTCP)\nBitcoin ATOM: Forking at Block 505888 on 24 January 2018, For each 1 BTC you get 1 BCA\nBitcoin BitVote (BTV): Forking at Block 505050, 21 January 2018, For each 1 BTC you get 1 BTV\nBitcoin Stash (BSH): Forking at Block 556766, Expected on 15nd of November 2018, For each 1 BTC you get 1 BTCC\nBithereum (BTH): Forking at Block 555555, Expected on 12nd of December 2018, For each 1 BTC you get 1 BTCC\nBitcoin Core (BTCC): Forking at Block 576698, Expected on 20nd of May 2018, For each 1 BTC you get 1 BTCC\nBitcoin BiZero (BZX): Forking in January 2019, For each 1 BTC you get 1 BZX', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/', 'impa51', [['u/jonald_fyookball', 12, '2020-09-05 01:30', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/g426tjr/', '>Ive counted over 33 forks of btc. Is this not enough to disolve the narrative that forks are detrimental. Only one of theese forks represents Satoshis White Paper. BCH P2P Electronic Cash.\n\nGood research!\n\nJust to play devil\'s advocate: You are stating an opinion and a maximalist one at that. Other forks exist and other humans believe in them. Sure you can make an argument and have strong reasons but others can also make arguments. It might be better to say "Its the best version" or "by far the best" or "possibly the best", etc. rather than the only. All shades of opinion. And in the end the opinions don\'t matter. Crypto is freedom.', 'impa51'], ['u/knowbodynows', 11, '2020-09-05 02:11', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/g42b0fb/', '\|\|block\|\|1BTC:\n---\|---:\|---:\|:---\nBitcoin Cash\|478558\|1 Aug 2017\|1 BCH \nBytether\|Cross fork from BTC to ETH @ 478558\|1 Aug 2017\|1 BTH ERC-20 token\nBitcoin Clashic\|478558\|13 Nov 2017\|1 BCHC or BCL \nBitcoin Gold\|491407\|24 Oct 2017\|1 BTG \nBitcoin Diamond\|495866\|24 Nov 2017\|10 BCD \nUnitedBitcoin\|498777\|12 Dec 2017\|1 UB \nBitcoin Hot\|498848\|12 Dec 2017\|100 BTH \nSuper Bitcoin\|498888\|12 Dec 2017\|1 SBTC \nBitcoinX\|498888\|12 Dec 2017\|10,000 BCX \nOil Bitcoin\|498888\|12 Dec 2017\|1 OBTC \nBitcoin World\|499777\|17 Dec 2017\|10,000 BTW \nLightning Bitcoin\|499999\|19 Dec 2017\|1 LBTC \nBitcoin Stake\|499999\|19 Dec 2017\|100 BTCS \nBitEthereum\| \|21 Dec 2017\|3.940616 BITE \nBitcoin Top\|501118\|26 Dec 2017\|1 BTT \nBitcoin God\|501225\|27 Dec 2017\|1 GOD \nBitcoin FILE\|501225\|27 Dec 2017\|1000 BIFI \nBitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name\|501451\|28 Dec 2017\|1 B2X \nBitcoin Uranium\| \|31 Dec 2017\|1 BUM. \nBitcoin Pizza\|501888\|1 Jan 2018\|1 BPA \nBitcoin All\| \|1 Jan 2018\|1 BTA. Referenced on steemit post. \nBitcoin Cash Plus\|501407\|Expected on 2 Jan 2018\|1 BCP \nBitcoin Smart\| 505050\|21 Jan 2018\|1 BCS \nBitcoin Interest\| 505083\|22 Jan 2018\| 1 BCI \nQuantum Bitcoin\| \| 28 Jan 2018\|1 QBTC \nBitcoin LITE\| \|30 Jan 2018\| 1 BTCL \n Bitcoin Ore\| \| 31 Jan 2018\| 1 BCO\nBitcoin Private\| \| Jan 2018\|1 BTCP (+ 1 BTCP per 1 ZCL) \nBitcoin BitVote\| 505050\|21 Jan 2018\|1 BTV\nBitcoin ATOM\| 505888 \|24 Jan 2018\|1 BCA \nBitcoin Stash\| 556766\|15 Nov 2018\|1 BSH\nBithereum\| 555555\|12 Dec 2018\| 1 BTH \nBitcoin Core\| 576698\|20 May 2018\|1 BTCC \nBitcoin BitZero\| \| Jan 2019\| 1 BZX\nBitcoin Platinum\|\nBitcoin Peso\|', 'impa51']]], ['u/JuicySpark', "READ THIS NOW: My life of SHOULD'VE, WOULD'VE, COULD'VE until I discovered Crypto.", 66, '2020-09-05 01:24', 'https://www.reddit.com/r/CryptoCurrency/comments/imqoqk/read_this_now_my_life_of_shouldve_wouldve_couldve/', '\n\n\nMostly all here are invested into Crypto. We all have our own reasons, methods, values of how we invest our money. One thing in common is we all have one main goal. That is to get as much money as possible out of this with the time, and money we can spare. \n\n##That\'s the dam truth##. \n\nWe are all here together, and since we are all here on our own will , I want to tell you why you should be proud to hold all your crypto. \n\n\nI\'m 40 years old. At 18 after I graduated HS I had about $7800. $1400 from my graduation party, and $6400 selling my MTG collection on EBay. I also managed a small arcade for about $350 a week. \n\nBack to my MTG collection...\n\nI sold it because it changed. The designs on the new series looked too modern. The original designs were a work of art. \n\nAnyway, I seriously wanted to hold those magic cards but I kept telling myself...\n\n"I can get them back if I want. The price isn\'t going to move anytime soon. The market is in slight decline. Some of these have been the same price for 2 years now." \n\nI was right, the price of my two Lotus\'s stayed the same for 5 more years. Not budging . 12 years later after that , those same two cards value at over $60,000ea I believe. If I held untill a few years ago or now, I would\'ve been able to do a quick sale at $400,000. Yes at a discount.\n\nThe same goes for all the first edition garbage pail kids I had. \n\n##So, what did I do with all $7800##?\n\nI told myself I want to invest it into Microsoft. But I talked myself out of it by saying \n\n"Some people told me the market was a risk, and I had to prepare myself to lose it all"\n\nSo I didn\'t do it. I was close, but I didn\'t. I could\'ve had OVER A MILLION! \n\nI instead used that money for a school. Business computer programming.\nIt was a waste because 90% of what they taught me came natural. I was doing basic programming at 13 for fun. \n\nI regret not going with my initial FOMO on Microsoft , I regret listening to my own FUD with the MTG cards. \n\n\n7 years later, I repeated the same mistake...\n\nI had about $15,000 in the bank. I wanted to invest $10,000 in apple after I read about the release of the iphone. Instead opted to do 5k over FUD I read. It was FUD about the risk since they never made phones, and alot of people were ridiculing their idea. \n\nThen I said to myself...\n\n"Fuck that, I don\'t want to do this. I could do so much more with this 5k" \n\nI instead used the 15k turbocharge my transam, add a racing transmission, tires, rims, new stero system, and I took a 2 week vacation ...GONE!\n\nI got what I wanted. Got laid a bunch of times, went to car shows. That could of been $500k by now. \n\nTo top this off, I missed out on a quick $78,000 win at the racetrack because if my own FUD. Horses.\n\nI lost $200, and was left with only I $5 that night. I decided, "you know what, fuck it, I\'m going to do a completely off the wall wild bet. \n\n I did a completely wild bet for $5. I picked all longshots in what they call a "Superfecta"(4 horses in that exact order 1st, 2nd, 3rd, 4th place prediction. \n\n1 minute before the race started, I Cancelled the bet. I told myself ...\n\n"this is stupid, 99:1, 78:1, 56:1, 38:1 long shots coming out in this order? THATS INSANE...Why am I blowing 5 away? Fuck that, I instead put $5 on the 10:1 to win hopefully my to maybe get $50 back " \n\nWell. Guess what? The 3nd largest superfecta payout in history. No body won it! It came out i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse. Falling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5. Bitcoin fell through the first major support level at $10,086 before finding late support. Late in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Tron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down. Binance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses. Bitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses. Bitcoin Cash SV bucked the trend on the day, rising by 0.25%. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%. This Morning At the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bianance Coin (-0.79%) and Tezos (-0.56%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play. Failure to move through the $10,239 pivot would bring the first major support level at $9,884 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Forecast – Crude Oil Markets Breakthrough Moving Averages Natural Gas Price Forecast – Natural Gas Markets Give Up Early Gains EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – September 5th, 2020 S&P 500 Weekly Price Forecast – Stock Markets Pullback to Recent Break Out The Crypto Daily – The Movers and Shakers – September 6th, 2020 S&P 500 Price Forecast – Stock Markets Looking for Support', 'Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse.\nFalling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5.\nBitcoin fell through the first major support level at $10,086 before finding late support.\nLate in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nTron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down.\nBinance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses.\nBitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses.\nBitcoin Cash SV bucked the trend on the day, rising by 0.25%.\nIn the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn.\nBitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%.\nAt the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBianance Coin (-0.79%) and Tezos (-0.56%) saw red early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on.\nBitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play.\nFailure to move through the $10,239 pivot would bring the first major support level at $9,884 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Forecast – Crude Oil Markets Breakthrough Moving Averages\n• Natural Gas Price Forecast – Natural Gas Markets Give Up Early Gains\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – September 5th, 2020\n• S&P 500 Weekly Price Forecast – Stock Markets Pullback to Recent Break Out\n• The Crypto Daily – The Movers and Shakers – September 6th, 2020\n• S&P 500 Price Forecast – Stock Markets Looking for Support', "NEW YORK, NY / ACCESSWIRE / September 6, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/605025/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 6, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma 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: 2020-09-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $193,332,267,450 - Hash Rate: 130921885.1899966 - Transaction Count: 262820.0 - Unique Addresses: 557370.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoins latest price drop has a silver lining it has forced out weak hands in the derivatives market and potentially opened the doors for a more sustainable rally to recent highs. The top cryptocurrency by market value fell by over 3.5% to levels near $11,100 on Tuesday, according to CoinDesks Bitcoin Price Index . The price drop triggered sell liquidations, the forced unwinding of long trades, worth nearly $50 million in perpetuals (futures with no expiry) listed on cryptocurrency exchange BitMEX, according to data source Skew . The positives of last nights move was that it cleared out a lot of the weak leverage longs, Singapore-based QCP Capital said in a Telegram post, in reference to the perpetuals liquidations. Weak longs is the term used to describe traders lacking confidence or resources to hold assets for the long haul. Usually, its the retail crowd that exits the market or is forced out on minor price dumps or pumps. Markets often shake out weak hands with temporary price pullbacks following strong breakouts like bitcoins recent move above $12,000. Following Tuesdays price drop, the cost of holding long positions in BitMEX perpetuals, as represented by the funding rate , has normalized. Funding rate is a mechanism used to tether a perpetual contracts price to the spot price. A high funding rate discourages new investors from entering the market and existing holders from boosting their long positions. The unsustainably high funding rate has been pushed back to its typical baseline levels of 11% annualized, QCP Capital said. The funding rate had jumped to highs above 60% in annualized terms on Aug. 18, when bitcoin broke above $12,000. As a result, stronger buying pressure may emerge, leading to a re-test of recent highs above $12,000. Bitcoin is currently trading near $11,400. Also read: Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High Related Stories Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing... - Reddit Posts (Sample): [['u/Professor_Brainstaum', "World's Youngest Bitcoin Investor ...", 46, '2020-09-06 01:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/', "On 4th September, BLOB of Oldham, England became the world's youngest Bitcoin investor. S/he is due to be born in April 2021 and reserves the right to change their name from BLOB at a later date. A brother and cousin, both aged under two years old, own holdings as well.\n\nOK. On to the serious bit. I'm looking to set up safe custodial cryptowallets to store these kids' holdings until around 18 years of age. It is important that these wallets are clearly the property of the child itself, and not part of the estate of an adult custodian who might not be around eighteen years from now. Has anybody got any experience of setting up a similar custodial wallet for a very young child? Any tips or pointers would be welcome.\n\nAny 'know your customer' sign-up could be fun. I guess we could upload the first scan!\n\nThanks for any helpful suggestions.", 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/', 'inbsdj', [['u/ultrajoba', 12, '2020-09-06 03:57', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/g46xsl5/', "Way to abort the fetus' fleeting moment of fame.", 'inbsdj'], ['u/Imnotusuallysexist', 11, '2020-09-06 12:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/g47xth5/', 'Custodial + 18 years terrible idea.\n\nChance of said entity existing in 18 years is about 5%.\n\nStore it in a time-locked transaction.\n\nMake sure the 12 keywords along with the word bip39 are either held somewhere or privately memorized.\n\nNo worries about inheritance, etc.', 'inbsdj']]], ['u/Quantifan', '96 hours after having my account compromised and $25K stolen I still haven’t heard from Coinbase support.', 63, '2020-09-06 02:50', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/', "*Headline updates:\n\nThe bank reclaimed my money 1 month ago, but I received this gem of an update from Coinbase October 14th (note that the lack of a name after best regards is not an error on my copy paste):\n\nHello xxx,\n\nWe have transferred your case to a specialist who will be able to assist you with this specific issue. You will be contacted directly as soon as we have reviewed your case. Please note, these reviews are typically completed within 5-7 business days but may take longer.\n\nBest regards,\n\n• No substantive response in 160 hours. I did receive an email stating that \\~$120 had been transferred off of my account which is positive. However, it takes 5 minutes to determine this and send an email.\n\n• 2020-09-08 9:00AM: Chase reversed the ACH transfer\n\nApproximate timeline of events to Coinbase account compromise and ACH transfer from Chase Bank to Coinbase. Ticket #02674780.\n\nNote that I'm unable too get in touch with coinbase at any point beyond automated emails and a “we will look at it”. I'm hoping this encourages them to reach out to me.\n\n• 2020-09-01 9:18PM: Notice login attempt to dormant Coinbase account.\n\n• 2020-09-01 9:18PM: Notice suspicious activity on email with emails being received and immediately deleted.\n\n• 2020-09-01 9:27PM: Requested my Coinbase account sign-in be disabled.\n\n• 2020-09-01 9:39PM: Initiate support case with Coinbase.\n\n• 2020-09-02 9:45PM: Learn that cell phone does not appear to be working correctly and I am not receiving texts and cannot make outbound calls. I later come to the realization that the perpetrator has ported my cell phone number to bypass two factor authentication on Coinbase and email accounts.\n\n• 2020-09-02 10:00PM: Contact Sprint after hours support via chat on website and am told that my account has been canceled and it is a system glitch. Support team will look into it and get my phone up and running within 24 hours.\n\n• 2020-09-02 11:00PM: Initiate deleted email recovery from Yahoo Mail.\n\n• 2020-09-02 11:00AM: Recover deleted Yahoo Mail emails and identify that password reset on Coinbase account has been performed by a person in the UK and that a $25,000 transfer and $65.00 transfer has been initiated.\n\n• 2020-09-02 11:28AM: Still no access to a cell phone. I placed call to chase fraud department from my work Skype account apprising them of the situation, performed a username reset, password reset and added a verbal password to my account. Fraud support fails to restrict my account despite me telling them that it was compromised via Coinbase and that an ACH transfer was going to be initiated from Coinbase for $25,000.\n\n• 2020-09-02 11:49AM: Call Sprint and determine my phone number has been ported to John Anderson at T-Mobile. T-Mobile needs to investigate to give me my phone number back and estimates 24-48hours before they end their investigation.\n\n• 2020-09-02 3:30PM: File an identity theft police report with Police.\n\n• 2020-09-02 4:45PM: Regain access to my cell phone number and it is ported back to my name.\n\n• 2020-09-02 5:00PM: Notice ACH transfers to Coinbase for $25,000 and $65 are pending in bank statement.\n\n• 2020-09-02 5:05PM: Place call to Chase Fraud department. Tell them that they should cancel the ACH transfer marked as pending and that my account is compromised. I am transferred to Claims. I tell claims that my account is compromised and that they should cancel the transfer. Claims tells me that they will put some sort of hold on the transfer but that I may be liable for fees from Coinbase and that I will have to fill out a form.\n\n• 2020-09-02 9:00PM: Initiate full scan across all my computers for viruses and worms with two different security suites. No viruses or worms detected.\n\n• 2020-09-03 8:00AM: Identify that ACH transfer was processed despite my calls to the Chase Fraud department.\n\n• 2020-09-03 9:00AM: Visit Chase Bank. Restriction is put on account. No one is able to explain why the ACH transfers were allowed to complete. Chase Bank requires I fill out a claims form before they can investigate my case which takes 24 hours to generate.\n\n• 2020-09-03 2:00PM: File complaint with the FBI.\n\n• 2020-09-03 4:30PM: Speak with a claims manager at Chase bank. He informs me that if your account says pending the money is already out the door (fun fact). Still no one seems to be able to tell me why my account was not restricted prior to the transfer.\n\n• 2020-09-03 7:45PM: File a complaint with the Department of Financial Institutions as it seems that Chase probably dropped the ball here.\n\n• 2020-09-03 8:15PM: Email a couple lawyers to see what my options are. Not sure anything will come of this or whether it will be worthwhile but it probably makes sense to check tomorrow.\n\n• 2020-09-03 8:45PM: I am still waiting on a response from Coinbase as to my case.\n\n• 2020-09-03 10:00PM: Receive an automated email from Coinbase that they will hold the funds additional 7 business days before they can be withdrawn due to suspicious activity.\n\n• 2020-09-04 3:00PM: Sign affidavit with Chase stating that I didn't initiate the ACH transfer with supporting timeline.\n\n• 2020-09-05 10:00PM: Still no response from Coinbase beyond automated emails.\n\n• 2020-09-06 10:05AM: A little positive progress here. It looks like I had \\~$120 in BTC in my account that was transferred off. Not the end of the world as I forgot it was on there, but still no word on the ACH transfer which is my primary concern.\n\n• 2020-09-08 9:00AM: Chase reversed the ACH transfer\n\nIn the last 160 hours I am unable to get Coinbase on the phone or via email to tell me how the investigation is proceeding.\n\nI'm sure I failed somewhere (many places) along the path here, but not being able to get in touch with anyone at Coinbase is disturbing. I'm hoping they'll read this and actually reply beyond asking for my support ticket number.\n\nI would note that I am able to get both Sprint and Chase on the phone and in person throughout the entire process.\n\nUpdates:\n\n2020-09-06 10:05AM: A little positive progress here. It looks like I had \\~$120 in BTC in my account that was transferred off. Not the end of the world as I forgot it was on there, but still no word on the ACH transfer which is my primary concern.", 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/', 'incpk0', [['u/shadowangel21', 12, '2020-09-06 03:13', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/g46t9lu/', "It important to secure your account, 2FA by txt is not secure at all. Add Google Auth / Authy minimum, for you i would suggest buying some security keys.\n\nFor online banking get a new number, don't add it to social media or use it online ever. Add 2FA if you can.\n\nHopefully support will be in soon.", 'incpk0'], ['u/BitDepot', 24, '2020-09-06 04:30', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/g470zqy/', 'Coinbase should not be allowed to operate without having an actual support team like Kraken and BitStamp.. I’ve been hearing these stories for years and years now.', 'incpk0']]], ['u/AutoModerator', '[Daily Discussion] Sunday, September 06, 2020', 43, '2020-09-06 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/infh2r/daily_discussion_sunday_september_06_2020/', "Thread topics include, but are not limited to:\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODg... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move. Steering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1. Falling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend. It was a bullish end to the week for the rest of the majors, however. Binance Coin surged by 18.99% to lead the way. Cardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support. Bitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners. For the week ending 6 th September, it was also a mixed bag for the majors. Tron’s TRX rallied by 16.44% to buck the trend. It was a bearish week for the rest of the majors. Tezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down. Bitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses. Binance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn. Story continues Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%. This Morning At the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Stellar’s Lumen was up by 2.17% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417. Support from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1. Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play. Failure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890. This article was originally posted on FX Empire More From FXEMPIRE: Sanction Fears Hit SMIC Shares Hard, Plunges over 20% Oil Price Fundamental Weekly Forecast – Traders Looking to Sell Rallies Until Demand Returns The Crypto Daily – Movers and Shakers – September 7th, 2020 Prevailing Macros Trigger Selling Pressure on Crude Oil Prices USD/JPY Fundamental Weekly Forecast – Higher if Jump in Treasury Yields Offsets Stock Market Weakness Bitcoin and Tron’s TRX Weekly Technical Analysis – September 7th, 2020', 'Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move.\nSteering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1.\nFalling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Sunday.\nBitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend.\nIt was a bullish end to the week for the rest of the majors, however.\nBinance Coin surged by 18.99% to lead the way.\nCardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support.\nBitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners.\nFor the week ending 6thSeptember, it was also a mixed bag for the majors.\nTron’s TRX rallied by 16.44% to buck the trend.\nIt was a bearish week for the rest of the majors.\nTezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down.\nBitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses.\nBinance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week.\nIn the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn.\nBitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%.\nAt the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Stellar’s Lumen was up by 2.17% to lead the way.\nBitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play.\nFailure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890.\nThisarticlewas originally posted on FX Empire\n• Sanction Fears Hit SMIC Shares Hard, Plunges over 20%\n• Oil Price Fundamental Weekly Forecast – Traders Looking to Sell Rallies Until Demand Returns\n• The Crypto Daily – Movers and Shakers – September 7th, 2020\n• Prevailing Macros Trigger Selling Pressure on Crude Oil Prices\n• USD/JPY Fundamental Weekly Forecast – Higher if Jump in Treasury Yields Offsets Stock Market Weakness\n• Bitcoin and Tron’s TRX Weekly Technical Analysis – September 7th, 2020', 'Bitcoin tumbled by 12.39% in the week ending 6thSeptember. Reversing a 0.57% gain from the previous week, Bitcoin ended the week at $10,276.0.\nIt was a mixed start to the week. Bitcoin fell by 0.50% on Monday to an early weekly low $11,600 before making a move.\nSteering clear of the first major support level at $11,296, Bitcoin rose to a Monday intraweek high $12,067.\nBitcoin came up against the first major resistance level at $12,006 before hitting reverse.\nThe reversal saw Bitcoin tumble to a Saturday intraweek low $9,925.5.\nBitcoin fell through the week’s major resistance levels before finding support on Sunday.\nOn the day, Bitcoin broke back through the third major support level at $10,151 to wrap up the week at $10,200 levels.\n4 days in the red that included a 10.85% stumble on Thursday delivered the downside for the week.\nBitcoin would need to move through the $10,756 pivot level to support a run the first major resistance level at $11,587.\nSupport from the broader market would be needed for Bitcoin to break back through to $11,000 levels.\nBarring an extended crypto rally, resistance at $11,000 would likely leave Bitcoin short of the first major resistance level.\nIn the event of a breakout, Bitcoin could test resistance at $12,000 before any pullback. Bitcoin would likely come up well short of the second major resistance level at $12,898, however.\nFailure to move through the $10,756 pivot would bring the first major support level at $9,445 into play.\nBarring another extended sell-off, Bitcoin should avoid sub-$9,000 levels and 23.6% FIB of $8,900. The second major support level sits at $8,615\nAt the time of writing, Bitcoin was up by 0.18% to $10,294.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $10,258.2 before rising to a high $10,330.0 early on Monday.\nBitcoin left the major support and resistance levels untested at the start of the week.\nTron’s TRX surged by 16.92% in the week ending 6thSeptember. Following on from an 11.04% rally from the previous week, Tron’s TRX ended the week at $0.031499.\nIt was a particularly bullish start to the week. Tron’s TRX rallied from a Monday intraday week low $0.02569 to a Thursday intraweek high $0.05337.\nSteering clear of the major support levels, Tron’s TRX broke through the week’s major resistance levels before pulling back.\nMore significantly, Tron’s TRX also broke through the 23.6% FIB of $0.0291 and the 38.2% FIB of $0.0428.\nThe pullback saw Tron’s TRX slide back through resistance levels to sub-$0.028 levels.\nTron’s TRX also fel Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,931,738,428 - Hash Rate: 151762133.7678071 - Transaction Count: 327662.0 - Unique Addresses: 672721.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 / PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it's novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty. On August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards. In less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September's mainnet launch. Designed for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining. The product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN. Inspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain. About PlotX PlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w. Story continues The PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas. Founded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor. For more information see https://www.plotx.io/ Media Contact: Dan Edelstein [email protected] +972-545-464-238 SOURCE : PlotX View source version on accesswire.com: https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020.\nUnder the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s board of directors and/or its management will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from its existing cash balance.\nAbout Canaan Inc.Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China\'s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world\'s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com.\nSafe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law.\nInvestor Relations ContactCanaan Inc.Mr. Shaoke LiEmail: [email protected]\nICR Inc.Jack WangTel: +1 (347) 396-3281Email: [email protected]', 'HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020. Under the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s board of directors and/or its management will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from its existing cash balance. About Canaan Inc. Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China\'s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world\'s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com. Safe Harbor Statement This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law. Story continues Investor Relations Contac Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,931,738,428 - Hash Rate: 133652505.32879265 - Transaction Count: 332668.0 - Unique Addresses: 693543.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Nigerian programmer Adebiyi David Adedoyin hears knocking at his apartment door. He’s just woken up and headed to the bathroom. He decides to take his time. He’ll answer in a minute. But the knocking grows louder – and more urgent. Inching open the bathroom door, Adedoyin sees someone clawing open his apartment window. Related:Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting “Someone’s there,” a voice says. It’s probably the police trying to break in, he realizes, from all the stories he’s heard. Adedoyin is sure he hasn’t done anything wrong. But with the Nigerian police, that doesn’t matter. He still might need to brace for trouble. As he thinks through what to do next, Adedoyin is thankful a chunk of his money is stored in bitcoin. His crypto wallet is in a hiding spot the officers probably won’t think to check. That means they’re less likely to steal it. Related:Chainalysis Report Shows Healthy Crypto Usage in Venezuela While there are many principled police officers in Nigeria who help tackle crimes, police corruption is pervasive. Many Nigerian police are known for extorting and even sometimes torturing citizens rather than helping them solve legal quandaries. “Right there in the bathroom, where I was in my boxers with just my phone, AirPods and pack of cigarettes, I could hear them shouting for me to come open the door,” Adedoyin told CoinDesk. This is awell-documented phenomenonin Nigeria. Over the past several years, an online social media movement has emerged against the police. On Twitter, people use the hashtag #EndSARS to publicize the poor treatment they’ve received from police. SARS stands for Special Anti-Robbery Squad, which is a particularly brutal and mistrusted wing of the Nigerian police force. Human rights research organization Human Rights Watch released a 102-pagereportoutlining the abuses in painful detail in 2010. “Human Rights Watch’s research revealed that people refusing to pay bribes are routinely subjected to arbitrary arrest, unlawful detention and threats until they or their family members negotiate payment for their release. Extortion-related confrontations between the police and motorists often escalate into more serious abuses. The evidence suggests that police officers have on numerous occasions severely beaten, sexually assaulted, or shot to death ordinary citizens who failed to pay the bribes demanded,” the report reads. Adedoyin notes that Nigerians have to develop their own tricks to avoid police extortion, especially the younger Nigerians who are the main targets. Some people walk along different routes to avoid walking near the police. “Now it’s up to each person to prevent oneself from entering such situations,” he said. The practice is common enough that Adedoyin has been extorted by police officers more than once, and his friends have, too. Corrupt police officers take their detainee’s phone. Theyscan through itlooking for SMS or email messages signalling how much money the detainee has in the bank. If the police officer finds the detainee doesn’t have any money, they’re less likely to waste their time. Locked in the bathroom, Adedoyin rapidly scrolls through his most recent messages, deleting any bank statements or emails showing how much money he has. The bathroom door lock breaks. Adedoyin is confronted by four police officers, all carrying guns. One slaps Adedoyin and asks him why he didn’t come open the door. As Adedoyin expected, another officer snatches his phone and scans through for any grain of evidence that Adedoyin has money. Adedoyin didn’t have time to delete everything. The officer finds some evidence of how much money he makes. They finally let him go once he pays. It was a bad experience. But Adedoyin is happy that hisbitcointrick worked–most of his money is still safe. “The money they collected to let me go in that case would have been a lot more if I had more money in my account. But I had most of my money in bitcoin,” Adedoyin said. Why does using bitcoin help in this situation? Adedoyin’s ploy is to pretend that he doesn’t have much money to extort. His solution is to store his money in a bitcoin wallet instead of in a bricks-and-mortar bank. Since bitcoin’s less common, it’s less likely the police officers find it. Put another way, he’s not putting his money into bitcoin as a safeguard because of its decentralization properties. Rather, he just thinks police officers are far less likely to look for a crypto balance than a fiat balance to see if he’s ripe for extortion. “[The officers] don’t think to check [bitcoin] wallet apps, because most of them don’t even know what bitcoin is and even think bitcoin is a scam,” Adedoyin said. The second reason he has bitcoin is he hopes the price will keep rising. Like many other bitcoiners in the region, he sees it as an investment that might pay off in the future. But for now, he keeps most of his money in bitcoin as security against the next time the police come banging on his door. • Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria • Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria... - Reddit Posts (Sample): [['u/GeraltofOuterHeavia', 'For those tilting toward tech', 57, '2020-09-08 00:50', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/', '\'"Be greedy when others are fearful, and fearful when others are greedy.\' -Warren Buffet." -Michael Scott.\n\n\nYou ever notice how much everyone on this sub, and every other investing sub, talks about their huge allocations in tech heavy funds like QQQ and ARKK? \n\nEven going so far as to make tech the spine of their portfolio? Or even the entirety?\n\nDespite the massive valuations and parabolic price jumps the sector has undergone? \n\nLook guys, I know that stonks only go up, but sometimes in order to keep going up in the long term, they need to go down in the short term. Sometimes they need to go down a lot. Sometimes, if you\'re not properly diversified, it could take years, even decades, to recoup losses, even if you dollar cost average. \n\nMeanwhile, other stonks that you neglected because you went all in on one sector of one market of one country\'s economy will go up, and you\'ll miss making all those gains because you\'re still betting almost 100% on tech. \n\nBasically, what I\'m trying to say is you\'re exposing yourself to a disproportionate amount of risk, more potential risk than potential reward, whenever you make QQQ half of your portfolio. Remember that even 60% VTI/40% VXUS is moderately risky, because you\'re still only exposed to one asset class. Just for context. \n\nLastly, I just wanna loop back to the beginning and encourage you guys to look at that quote, then consider what happens whenever an asset becomes very popular, maybe even trendy. Weed stocks were big, and kept going up. Bitcoin was big, and kept going up. Real estate was big, and kept going up. Dotcom companies were big, and kept going up. What happened to them all? \n\nI\'m not saying the tech sector is going to see the same fate, because I don\'t have a crystal ball. But I AM saying that when you effectively make your portfolio almost entirely tech by making it 40% QQQ, 20% VOO, 20% VUG and 20% ARKK, you\'re placing a very clear bet that tech will never meet that fate. \n\nDo you wanna make that bet? Do you...come to Wall Street to make bets?', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/', 'iohzpb', [['u/[deleted]', 17, '2020-09-08 01:43', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/g4e2z1c/', 'Just waiting for the yolo comments to start coming in.', 'iohzpb'], ['u/daviddjg0033', 13, '2020-09-08 02:06', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/g4e5e02/', 'This is not a YOLO community.\n\nThis entirely depends on your capital, your outlook, and your time frame.\n\nIf your portfolio is 100% weighted towards tech, you were selling into this rally.\n\nI still believe the long term narrative that innovation will disrupt.\n\nWe are in a long period where the 10 year will not exceed 1%.\n\nThere will be buying opportunities this week for long term tech investors.', 'iohzpb']]], ['u/CryptoStrategies', 'Thanks to everyone who attempted to contribute to the failed Bitcoin Cash (BCH) Marketing Flipstarter', 58, '2020-09-08 04:13', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/', "This was the second attempt at this Flipstarter, with a much smaller target (360 BCH) than the first attempt (650 BCH). I will not run a Flipstarter again in the future and cannot commit to any further activities in support of Bitcoin Cash common infrastructure at this time. I would like to thank those who pledged in both attempts and put their money where their mouth in appreciation of my past work. \n\n\|Name\|Amount\|Message\|\n:--\|:--\|:--\|\n\|Georg Engelmann\|116.64 BCH\|Stay with BCH\|\n\|Roger Ver \|50.64 BCH\|The IFP is an attempted highjacking of Bitcoin Cash. There's plenty of voluntary funding available for worthwhile things\|\n\|molecular\|20.13 BCH\|\|\n\|Peetah\|20.10 BCH\|\|\n\|Shadow Of Harbringer\|13.37 BCH\|\|\n\|Yan\|10.25 BCH\|\|\n\|zveda\|6.12 BCH\|May the videos be of high quality.\|\n\|btcfork\|2.50 BCH\|yes to BCH, no to 8% coinbase tax scum\|\n\|read.cash\|2.34 BCH\|\|\n\|bomtom1\|1.82 BCH\|https://read.cash/@bomtom1\|\n\|emergent_reasons \|1.50 BCH\|Since we started flipstarter, I have always wanted to see it applied to BCH marketing\|\n\|Sedonabiz\|1.24 BCH\|Love what you do for BCH\|\n\|imaginary_username\|1.15 BCH\|campaign's a bit short, but good luck anyway!\|\n\|Jake\|1.11 BCH\|\|\n\|HurlSly\|1.01 BCH\|It's a lot of money for me. Thank you for you work\|\n\|zquestz\|1.01 BCH\|Let's get this over the finish line!\|\n\|BCH fan\|1.01 BCH\|I'm doing my part!\|\n\|zquestz\|1.01 BCH\|Good luck!\|\n\|chainxor\|1.00 BCH\|Don't give up. You're doing good work and the intent is admirable no matter the details. \|\n\|Edward\|0.97 BCH\|\|\n\|Mathieu G\|0.89 BCH\|Love your videos!\|\n\|jonathan#100\|0.85 BCH\|Still more than I can afford, and still worth it.\|\n\|Anonymous\|0.74 BCH\|\|\n\|Kieran Mesquita\|0.66 BCH\|Bitcoin Cash marketing department\|\n\|seventh.sense\|0.63 BCH\|Keep up the good work Hayden!\|\n\|Anonymous puffin\|0.61 BCH\|\|\n\|Anonymous\|0.55 BCH\|go for it!\|\n\|jonald\|0.52 BCH\|\|\n\|Lopokoko\|0.51 BCH\|P2P Electronic Cash for the world!\|\n\|Bitcoin Cast\|0.50 BCH\|Bitcoin (BCH) FTW!\|\n\|BCH is our hope!\|0.48 BCH\|The highest hopes we have for humanity is a currency that is separated from the state. BCH ftw!\|\n\|Anonymous\|0.40 BCH\|\|\n\|lugaxker\|0.40 BCH\|Bitcoin: A Peer-to-Peer Electronic Cash System\|\n\|BitcoinOutLoud\|0.33 BCH\|\|\n\|Anon\|0.30 BCH\|I secretly hope miners choose IFP\|\n\|Anonymous\|0.20 BCH\|\|\n\|Steve\|0.20 BCH\|Big fan of you and what you're doing in Australia and for adoption! Keep going Hayden!\|\n\|Anonymous\|0.17 BCH\|\|", 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/', 'iol6hb', [['u/user4morethan2mins', 19, '2020-09-08 04:32', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4ek7hm/', '-64 karma. Stick with your IDH coin.', 'iol6hb'], ['u/user4morethan2mins', 10, '2020-09-08 04:36', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4eklc3/', "As I read it, leaving 'common' infrastructure. Still in BCH I hope.", 'iol6hb'], ['u/user4morethan2mins', 18, '2020-09-08 06:50', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4ew8sj/', "Four comment posts here, much negative karma and you've admitted that you're not into crypto now. Let it go, move on, improve your mental health and get a life.", 'iol6hb'], ['u/ugtarmas', 15, '2020-09-08 07:26', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4eytnw/', 'Good luck in your future endeavors.', 'iol6hb'], ['u/JonathanSilverblood', 27, '2020-09-08 08:00', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f15ni/', "It sucks that this didn't get funded, and I think it was a good value for the cost.", 'iol6hb'], ['u/ShadowOfHarbringer', 10, '2020-09-08 09:03', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f54q0/', "> and cannot commit to any further activities in support of Bitcoin Cash common infrastructure at this time\n\nGiving up so quick? We haven't even properly started yet you know.", 'iol6hb'], ['u/where-is-satoshi', 14, '2020-09-08 09:59', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f8aya/', "What an blithering idiot. Obviously you have never been to Bitcoin Cash City and used Bitcoin Cash with these merchants. Bitcoin Cash rocks.\n\nIt costs nothing for merchants to accept Bitcoin Cash so promises are not needed. If they don't want to accept Bitcoin Cash anymore, they peel the sticker off.", 'iol6hb'], ['u/CryptoStrategies', 18, '2020-09-08 10:06', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f8p4z/', 'Thanks for saying that, and for your promo efforts in relation to the flipstarter!', 'iol6hb'], ['u/sq66', 19, '2020-09-08 10:37', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fabwg/', "Flipstarter is limiting your audience as you can't participate without using ElectronCash + plugin. That is too much for plenty of people here, especially those willing to pay a small amount. Some of them would not even care if they ever got the pledge back on a failing pledge. I.e. pledges like ~$100-$200.\n\nMaybe this question is going to the wrong place and is a bit late in you case, but maybe there should be a direct contribution alternative on the flipstarter page to which you can pay without the hassle.", 'iol6hb'], ['u/CryptoStrategies', 13, '2020-09-08 10:42', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fam16/', 'I agree with you. It is too much of a hurdle for many to contribute.', 'iol6hb'], ['u/moleccc', 20, '2020-09-08 11:23', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fcpbv/', 'I support this notion.', 'iol6hb'], ['u/ThomasZander', 17, '2020-09-08 13:48', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fl6ef/', "I'm also sad that this didn't get funded, I believe it doesn't reflect on Hayden, I think its because there were too many mixed signals and general frustration going on.\n\nIt is important to remember that we are in a unique, unprecedented time. This is the first time ever in Crypto that a community is firing the main-client and moving on without.\n\nThis has given us a lot of stress, a lot of seeking of allies and less time to actually build (and I consider marketing... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.\nBut they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush.\nInstead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc.\nTSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018.\nCollectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%.\nTo be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing.\nInvestors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution.\n(1) Returns calculated prior to New York market open Sept. 8,2020.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nTim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.\nFor more articles like this, please visit us atbloomberg.com/opinion\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.\nBut they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush.\nInstead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc.\nTSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018.\nCollectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%.\nTo be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing.\nInvestors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution.\n(1) Returns calculated prior to New York market open Sept. 8,2020.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nTim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.\nFor more articles like this, please visit us atbloomberg.com/opinion\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency. But they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush. Instead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc. TSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018. Collectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%. To be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing. Investors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution. (1) Returns calculated prior to New York market open Sept. 8,2020. Story continues This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News. For more articles like this, please visit us at bloomberg.com/opinion Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P. View comments', 'Bitcoin, BTC to USD, slid by 2.42% on Tuesday. Reversing a 1.18% gain from Monday, Bitcoin ended the day at $10,148.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,464.0 before hitting reverse. Falling short of the first major resistance level at $10,579, Bitcoin slid to a late intraday low $9,882.4. Bitcoin fell through the first major support level at $10,065 recovering to wrap up the day at $10,100 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day for the majors on Tuesday. Binance Coin (+3.56%), Monero’s XMR (+1.64%), and Tron’s TRX (+8.15%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Ethereum and EOS led the way down, with losses of 4.59% and 3.26% respectively. Bitcoin Cash ABC (-2.23%), Bitcoin Cas Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,696,095,328 - Hash Rate: 128478859.9612265 - Transaction Count: 314864.0 - Unique Addresses: 681429.0 Social & AI Sentiment: - Fear & Greed Index: 0.38 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The 17-year-old alleged ringleader behind the recentTwitter hackreportedly has more than $3 million worth ofbitcoin– enough to pay his $725,000 bail. • At Hillsborough County Courthouse, Florida, on Saturday, the attorney representing Graham Ivan Clark said his client owned 300 bitcoin, theTampa Bay Timesreported Sunday. • CoinDesk datashows this stash is worth $3.4 million at current market prices. • Bail was set at $725,000 during Clark’s first court appearance on Saturday. • Arrested Friday, authorities see Clark as the ringleader and mastermind of July’s “CryptoForHealth” Twitter hack, a coordinated attack of some 30 high profile accounts, including CoinDesk, that promised to double the money of users who sent cryptocurrency. • In total, some $117,000 worth of cryptocurrency went to the hackers in one afternoon. • Two accomplices have also been charged in California. • In an investigation last year, authorities confiscated 400 bitcoin from Clark, but later returned 300. • Although prosecutors have suggested Clark’s bitcoin stash was illegally acquired, his attorney has argued it was legitimate because the authorities returned it. • Clark now stands accused on 17 counts of communications fraud, 11 counts of fraudulent use of personal information, as well as one count of breaking into an electronic device and another for organized fraud. See also:Twitter Hack Takes Down Joe Biden, Elon Musk Accounts in Widespread Bitcoin Scam Attack • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 pandemic-led acceleration of adoption.”\nThat’s how Singapore-based DBS Bank describes the current state of digital assets in itsquarterly report on cryptocurrenciespublished in August.\nIt’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain large financial institutions – particularly in places like Singapore, Switzerland and Germany – fielding a new wave of demand for crypto, filtering through from smaller private banks and wealthy clients.\nRelated:Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund\nOn the subject of cryptocurrencies likebitcoin (BTC), Baig identified two distinct phases of demand: pre-pandemic and post-pandemic.\n“Pre-pandemic demand was largely speculative. People saw bitcoin had a spectacular run and wanted to be part of that game, so what’s wrong with putting in 1% of assets under management [into BTC],” Baig said in an interview. “But I think post-pandemic is beyond speculative. It’s more about, ‘This thing has fixed circulation, it will not be debased.’ People are worried about dollar outflow and wondering if they should hold crypto in addition to gold as a safe-haven currency.”\nRead more:Bitcoin’s Correlation With Gold Hits Record High\nDBS isn’t the only bank to notice this trend. Singapore-based digital asset bank Sygnum, which holds a banking license from the Swiss Financial Market Supervisory Authority, echoed this view.\nRelated:First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags\n“Since the outbreak of COVID-19 there has been increased interest from family offices and private individuals who see digital assets as an alternative and a way to protect against a worrying inflation risk,” said Martin Burgherr, co-head of clients at Sygnum Bank. “Now that banks are awakening from the lockdown, we have had a significant uptick in national and international banks asking us to help in a B2B setup, to enable their clients to invest in digital assets.”\nBaig – who has previously held senior economist roles at the Monetary Authority of Singapore, Deutsche Bank and the International Monetary Fund – likes to zoom out and take a macro view of digital currencies and the potential play of central bank digital currencies (CBDC).\nThere has been a steady rise in gold, while fixed-income yields are heading towards zero, Baig said, and such conditions have also caused “bitcoin to come back quite convincingly.”\nRead more:PTJ on BTC: Bitcoin Is Now the Macro Big Bet\nIt’s tempting to look at bitcoin through the lens of foreign exchange (FX), as yet another currency with an exchange rate against the U.S. dollar. But this is mistaken, Baig said, since a regular sovereign currency has accepted economic means of evaluation that determine productivity and long-term growth.\n“You can’t value cryptocurrencies like that,” Baig said. “While they can have this credibility with a system-based circulation, they’re still not attached to a country’s fortune. So, of course, they will not go and up and down the way the U.S. economy goes up and down. From that perspective, it’s more akin to gold than an FX in my view.”\nFor countries experiencing a currency crisis or episode of hyperinflation, pegging to the U.S. dollar may bring some short-term credibility, but it doesn’t work out well for a lot of currencies, Baig noted, adding:\n“If you look at Venezuela or even Lebanon, which is in the middle of a massive financial crisis, could you, at some point going forward, conceive that instead of linking your currency to the U.S. dollar, you link it to a cryptocurrency?”\nProvided that transactions can be viewed on the blockchain there are possibilities, said Baig. “As long as it’s tied to a limited-circulation currency, I see some similarities between that sort of anchoring versus anchoring against the US. dollar,” he said.\nThe topic of CBDCs is also highly politicized, particularly between the U.S. and China.\nThere are two dimensions to think about when it comes to China and its CBDC efforts at “digitizing the redback,” said Baig. Firstly, a digital renminbi (e-RMB) is a way that China’s central bank, the People’s Bank of China (PBoC), can exercise some control over the country’s sprawling fintech ecosystem.\n“There’s so much going on at the Alipay, Tencent level,” Baig said. “Deposits are being made by those fintechs, they are extending credit, so it doesn’t really matter what PBoC does with respect to interest rates. It’s like a whole parallel universe.”\nRead more:China’s Digital Currency May Come With Hardware Wallets as Well\nThe other dimension concerns the potential for an e-RMB to become a way for certain countries to bypass the U.S. dollar settlement mechanism, which makes them “somehow answerable to the Southern District [Court] in New York” or the Securities and Exchange Commission,” said Baig.\n“The U.S. dollar has been used repeatedly as a weapon against Iran against other countries and also against China,” he said. “I think now with U.S.-China tensions so high the case for e-RMB becomes even more compelling.”\nRead the full report:\n• Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist\n• Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist", "“A pandemic-led acceleration of adoption.” That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain large financial institutions – particularly in places like Singapore, Switzerland and Germany – fielding a new wave of demand for crypto, filtering through from smaller private banks and wealthy clients. Related: Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund On the subject of cryptocurrencies like bitcoin (BTC) , Baig identified two distinct phases of demand: pre-pandemic and post-pandemic. “Pre-pandemic demand was largely speculative. People saw bitcoin had a spectacular run and wanted to be part of that game, so what’s wrong with putting in 1% of assets under management [into BTC],” Baig said in an interview. “But I think post-pandemic is beyond speculative. It’s more about, ‘This thing has fixed circulation, it will not be debased.’ People are worried about dollar outflow and wondering if they should hold crypto in addition to gold as a safe-haven currency.” Read more: Bitcoin’s Correlation With Gold Hits Record High DBS isn’t the only bank to notice this trend. Singapore-based digital asset bank Sygnum, which holds a banking license from the Swiss Financial Market Supervisory Authority, echoed this view. Related: First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags “Since the outbreak of COVID-19 there has been increased interest from family offices and private individuals who see digital assets as an alternative and a way to protect against a worrying inflation risk,” said Martin Burgherr, co-head of clients at Sygnum Bank. “Now that banks are awakening from the lockdown, we have had a significant uptick in national and international banks asking us to help in a B2B setup, to enable their clients to invest in digital assets.” Digital gold Baig – who has previously held senior economist roles at the Monetary Authority of Singapore, Deutsche Bank and the International Monetary Fund – likes to zoom out and take a macro view of digital currencies and the potential play of central bank digital currencies (CBDC). There has been a steady rise in gold, while fixed-income yields are heading towards zero, Baig said, and such conditions have also caused “bitcoin to come back quite convincingly.” Story continues Read more: PTJ on BTC: Bitcoin Is Now the Macro Big Bet It’s tempting to look at bitcoin through the lens of foreign exchange (FX), as yet another currency with an exchange rate against the U.S. dollar. But this is mistaken, Baig said, since a regular sovereign currency has accepted economic means of evaluation that determine productivity and long-term growth. “You can’t value cryptocurrencies like that,” Baig said. “While they can have this credibility with a system-based circulation, they’re still not attached to a country’s fortune. So, of course, they will not go and up and down the way the U.S. economy goes up and down. From that perspective, it’s more akin to gold than an FX in my view.” Dollar pegging For countries experiencing a currency crisis or episode of hyperinflation, pegging to the U.S. dollar may bring some short-term credibility, but it doesn’t work out well for a lot of currencies, Baig noted, adding: “If you look at Venezuela or even Lebanon, which is in the middle of a massive financial crisis, could you, at some point going forward, conceive that instead of linking your currency to the U.S. dollar, you link it to a cryptocurrency?” Provided that transactions can be viewed on the blockchain there are possibilities, said Baig. “As long as it’s tied to a limited-circulation currency, I see some similarities between that sort of anchoring versus anchoring against the US. dollar,” he said. Digitizing the redback The topic of CBDCs is also highly politicized, particularly between the U.S. and China. There are two dimensions to think about when it comes to China and its CBDC efforts at “digitizing the redback,” said Baig. Firstly, a digital renminbi (e-RMB) is a way that China’s central bank, the People’s Bank of China (PBoC), can exercise some control over the country’s sprawling fintech ecosystem. “There’s so much going on at the Alipay, Tencent level,” Baig said. “Deposits are being made by those fintechs, they are extending credit, so it doesn’t really matter what PBoC does with respect to interest rates. It’s like a whole parallel universe.” Read more Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,696,095,328 - Hash Rate: 136239328.01257572 - Transaction Count: 345981.0 - Unique Addresses: 745318.0 Social & AI Sentiment: - Fear & Greed Index: 0.38 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Nasdaq-listed cryptocurrency mining company Marathon Patent Group received and deployed two shipments of new mining machines, which increased the company’s hashrate by 130 petahash per second to 186 petahash per second. • According to anannouncementMonday, the company received 700 WhatsMiner M31S+ Miners from MicroBT and 600 S19 Pro Antminers from Bitmain. • 1,000 additional S19 Pro Antminers are expected to arrive between September and December this year leading to an expected additional hashrate increase of 153.4 petahash per second. • “We believe that the increased hashrate production will mean the company will become cash-flow positive on a go forward basis for the first time since we embarked on this pivot to become a bitcoin mining company,” said CEO Merrick Okamoto. • Marathon shares, which were already down about 50% from their yearly high set earlier in August, are down 10% from their Monday open, trading around $2.52 at last check. • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive... - Reddit Posts (Sample): [['u/badgerhoneyy', 'Do you have a will? What happens to money scattered across all my accounts if I get hit by a proverbial bus?', 44, '2020-09-10 00:54', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/', "I'm poor, with an income below £15k, still studying later than most, but have my full LISA allowances for the past four years, across more than one provider. I also have premium bonds (yes, yes, I know. But it's my emergency fund and super easy access), bitcoin, etc. And own property.\n\nI don't have a family and I don't have a will. If I die early, nobody would even know about the LISAs and bitcoin. How do I approach communicating the account info to someone after my death? Does it all go in a will? And how do people know where my will is?\n\nTo further complicate things, I'd like my small savings to go to an overseas charity. How do I appoint an executer to oversea this, and compensate them for the hassle without letting a solicitor do it and inevitably having no money left to go to the charity afterwards?\n\nWhat arrangements do you all have for an unpredicted early death?\n\nEDIT: Thanks you UK FIRE homies. There are some fantastic well-informed replies on this thread, and you've really given me a lot of direction in how to address this. I hope others can also read this and get some benefit.", 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/', 'ipr6aj', [['u/raspberyrobot', 15, '2020-09-10 02:02', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4lov8c/', 'Also worried about my crypto if i get hit by a bus. My advice would be to tell someone you trust where the keys are. Also make sure the keys are someone fire proof.', 'ipr6aj'], ['u/Fortescue', 13, '2020-09-10 02:30', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4lrzrs/', "I found the MSE site quite useful. Explains how Wills work, how to arrange one (cheaply), and how/where to store it.\n\nhttps://www.moneysavingexpert.com/family/free-cheap-wills/\n\nI ended up using a free Will from Which? (which.co.uk) as I had a subscription with them at the time. Their online Will template was quite snazzy and explained each of the sections.\n\nYou should be able to arrange for the money to go to a charity of your choice, although you will have to appoint an executor to do this for you.\n\nFor your your crypto holdings, I'd suggest a paper copy of your key to be stored as an appendix with your Will.", 'ipr6aj'], ['u/ObedientSandwich', 11, '2020-09-10 08:29', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4mpnes/', '>Personal experience\n\nAre you writing this from the afterlife?', 'ipr6aj'], ['u/Walkertg', 11, '2020-09-10 09:05', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4mrvls/', 'How do you know my account numbers and kids names??!', 'ipr6aj']]], ['u/Satize', 'Joining the smart side of bitcoin', 17, '2020-09-10 04:31', 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/', "Just purchased my first Trezor & I'm planning on moving the precious coin over to it. Basically I'm just bragging and insisting you do the same if you haven't already. \n NOT YOUR KEYS NOT YOUR COINS!!", 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/', 'ipupp8', [['u/Raverrevolution', 10, '2020-09-10 05:03', 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/g4m8xkd/', "Thank God for people like you. I was starting to lose faith in humanity reading the other thread full of randoms sucking bank's big fat cock.\n\nThen again, more influx of newbs = bullrun on the horizon.", 'ipupp8']]], ['u/Elbeske', 'BTC is going up with the election, no matter the results.', 22, '2020-09-10 05:01', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/', 'Bitcoin is a vote against the established financial market. And no matter what happens in November, the established financial markets are going to get fucked. \n\nThe markets need a catalyst for a crash, and the election is the perfect event for it to occur. Buy and Hodl for November', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/', 'ipv6i2', [['u/Parking_Meater', 10, '2020-09-10 06:24', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/g4mgfuc/', "I dunno I'm really digging the more 3rd world adaptation of bitcoin. Kinda feels like it's the true reprieve from failed governments and poor countries that can get internet but not reliable monetary infrastructure, like what bitcoin was meant for. Satoshi knew it was a long game and that it would naturally play out how it would and theorizing about everyaspect would drive a man insane. The United States will get to that level no matter who wins the election some time now or later. The worst recession ever seen is on the horizon.", 'ipv6i2']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 10, 2020', 31, '2020-09-10 06:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/', 'ipw5cm', [['u/[deleted]', 19, '2020-09-10 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mhnzq/', 'I have severe trust issues when it comes to pumps in bitcoin', 'ipw5cm'], ['u/Just_Me_91', 12, '2020-09-10 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mm7ba/', "Well, Binance US has ACH deposits enabled again. I guess that means the dip is over, I wasn't able to buy the last few days when the price was at it's lows. In case it isn't obvious, it could go up or down from here, I'm just a little annoyed I haven't been able to buy for a while.", 'ipw5cm'], ['u/Sct1787', 15, '2020-09-10 07:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mmz9l/', 'Everyone knows they only pumped because you sold. Thank you for your sacrifice', 'ipw5cm'], ['u/calmunrest', 10, '2020-09-10 12:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4necvf/', 'It is because both are linked to the demand of the USD.', 'ipw5cm'], ['u/cryptobaseline', 11, '2020-09-10 13:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nnw6k/', "I'm really split about this. I'm still long and bought a bit more.\n\nBullish side: We are sold on pretty much all TA indicators, except for the weekly. But the last bubble had the weekly acting on such a pattern. Here is a look: https://share.cryptowat.ch/charts/btd0ipcijsgd56ddbt60-bitfinex-btcusd.png\n\nA reversal should at least double our price here, putting a crazy target like $20k-$25k\n\nBearish side: We dumped from a similar pattern last time, and we dumped hard: https://share.cryptowat.ch/charts/btd0jrf588hojcm75mt0-bitfinex-btcusd.png\n\nIt's too similar that it's just scary to think about for a bull. It's a fucking 50% dump.", 'ipw5cm'], ['u/Al-Kahulique', 11, '2020-09-10 13:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nprb3/', "[Yea, you're a real corner-peeker ](https://www.reddit.com/r/BitcoinMarkets/comments/ficqmi/daily_discussion_saturday_march_14_2020/fkhrj06/?context=3)", 'ipw5cm'], ['u/clarkdoubleyou', 11, '2020-09-10 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nymx1/', "> unless we have another new global crisis\n\n2021 just textet me 'zombies'!?", 'ipw5cm'], ['u/aaj094', 15, '2020-09-10 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4o3i33/', "Funding rates close to zero or negative and yet price showing tendency to go up. \n\nhttps://coinalyze.net/futures-data/global-charts/bitcoin/\n\nThat's super bullish in my view.", 'ipw5cm'], ['u/cryptokeeper1981', 12, '2020-09-10 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4o4qt7/', 'Wasn’t Tuesday a bloody day for stock market but slightly positive/sideways for bitcoin?\n\nSeems like we’re applying the correlations selectively.', 'ipw5cm'], ['u/cipher-space', 10, '2020-09-10 15:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch.This article wasoriginally published by CoinDesk Chinaon Tuesday.\nSushiSwap co-founder 0xMaki (later referred to as Maki) once proudly said, “It took Uniswap two years to get to where it is today. It only took us seven days.”\nSushiSwap’s founding team is extremely small, with only three people: Chef Nomi (later referred to as Chef), sushiswap and 0xMaki. The first two are responsible for code and product development, while the latter is responsible for growth and operations.\nRelated:'I Fked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund\nLast Saturday, SushisSwap co-founder Chef suddenly sold all the tokens that were supposed to be used for a development fund without notifying the community. This move sparked dissatisfaction and doubt in the community, and SUSHI’s price plummeted.\nAs doubts in the community continued to grow, Chef decided to transfer the Admin Keys to FTX CEO Sam Bankman-Fried (later referred to as Sam) and left a message saying, “I am a good person.”\nAfter Sam took over the management key, he and Maki organized the code migration andmulti-signature validator voting.\nSushiSwap has since completed migrating its users’ funds from Uniswap and turned control over to nine well respected users who can approve changes and expenditures as a group.\nRelated:First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows\nEarlier this week, CoinDesk China published anexclusive interviewwith Maki, the only remaining SushiSwap founding team member. The interview, which is slightly edited, covers Maki’s opinions on Chef’s sale of the development funds and Sam’s management authority, as well as SushiSwap’s development plan after Chef’s departure.\nCoinDesk China: Let’s start with a self-introduction. Who are you, and what do you do in SushiSwap?\nMaki: I’m a full-stack engineer, but in SushiSwap I’m responsible for growth and operations. For the time being, I don’t want to disclose too much about my real identity. If it becomes necessary later, I will disclose it, now it is too early.\nCoinDesk China: In your opinion, why did SushiSwap explode online?\nMaki: On the first day we went online, we had the Quantstamp audit report, which contained no major defects. The security audit report is very helpful to the growth of our TVL.\nCoinDesk China: What are your short-term goals?\nMaki: Our short-term goal is to successfully complete the migration, this is very important.[Note: The migration wascompletedon Wednesday].\nLater we will discuss governance with the community, in order to make the project develop smoothly and not fail.\nWe will also optimize the user interface (UI) of SushiSwap, such as launching a Chinese UI, introducing more traders, and adding features that UniSwap does not have.\nMore important, we will start integrating with other DeFi protocols. For example, the integration with renBTC’s native system, which would allow users to directly convertBTCto renBTC on SushiSwap. Another example is that if we integrate with 1inch, they can route more transactions to us because we have better liquidity.\nI am a believer in Ethereum, but I am open-minded about other public chains as well. I also hope to launch SushiSwap on public chains like Polkadot and Solana.\nWe want to create the best, most user-friendly DEX.\nCoinDesk China: When did you first start learning about cryptocurrency and blockchain?\nMaki: As early as 2013, someone introduced me to Bitcoin.\nCoinDesk China: Why did you decide to join SushiSwap?\nMaki: After reading a SushiSwap article on Medium, I felt that “Community Uniswap” is an indispensable part of the DEX ecosystem, so I contacted Chef and expressed my willingness to join.\nWhen I joined, staking, migration and governance contracts were all ready. Chef did not give me GitHub permissions, so I started directly preparing to work on market and operations.\nMy work at SushiSwap is completely voluntary. Now I only holdETHand YFI, I don’t have SUSHI tokens, nor participate in SUSHI liquidity mining. I value the success or failure of SushiSwap more than personal gains and losses.\nI have participated in YAM and YFI mining. Although I have not yet reached financial freedom, I’m not short on money.\nCoinDesk China: What is your personal opinion of Uniswap?\nMaki: I think Uniswap is very good. Its founder Hayden Adams is a person I really admire.\nI think we will coexist with Uniswap. There definitely will be multiple players on this track. In addition to Uniswap and SushiSwap, there will be other DEXs as well.\nCoinDesk China: Do you personally know Chef? Are Chef and sushiswap the same person?\nMaki: I saw SushiSwap’s introduction article on Medium, and after finding it very interesting I joined its Discord group. I was the third person to join, after Chef and sushiswap. I don’t think they are the same person, but they are probably two people who know each other in real life.\nCoinDesk China: Many people on the Internet are saying, Chef is actually FTX CEO Sam, is that true?\nMaki: No, Sam joined later. I don’t believe Chef and Sam are the same person.\nCoinDesk China: Are you disappointed bywhat Chef did?\nMaki: Chef sold all the tokens that were supposed to be used for a development fund, which is very surprising. At the beginning, Chef said that he didn’t come to make fast money, he was thinking about the community … I now think he’s all talk, and I am not sure of his original intention…\nIn the end he cashed out, but he also transferred the administrator authority to Sam, but his behavior caused the price of the SUSHI token to plummet.[Note: Chef Nomilater returned all $14 millionin ETH he cashed out.]\nCoinDesk China: Do you think Chef and sushiswap contributed to the project?\nMaki: They just copied Uniswap and YAM’s code, I don’t think they invested a lot in this project. They were more thinking about how to make fast money, without a long-term vision.\nBut I still thank them for giving me an opportunity to participate in this project, though it is forked out of other projects.\nI think SushiSwap could be made into a great project, so I’m willing to continue to support it. In the Ethereum community, I’ve also met a lot of great people, they have always encouraged me and we will continue to build this project together.\nCoinDesk China: After Sam took over management authority, what was the division of labor between you and Sam?\nMaki: Later I will “guide” the development of the entire project. … It is up to the community to make decisions, I only make suggestions.\nCoinDesk China: What is your opinion of Sam’s management authority?\nMaki: I am satisfied with the result. At the very beginning, Chef said he wanted to give management authority to me, but I wasn’t very confident in my own technical strength. I wasn’t sure that I would be able to make SushiSwap’s migration a success.\nLater, I suggested that Chef consider giving management authority to Andrew Kang or Sam, they both have a better understanding of technology, and are also very interested in this project. Sam also holds a lot of SUSHI, so he is financially motivated to do a good job in operating and managing this project.\nAfter the migration is completed and the multi-signature board of directors is determined, I think he will transition from the role of administrator to an ordinary community member. After that, I will mainly be responsible for leading this project to the next stage. Slowly, I will also fade out and gradually decentralize this project.\n• SushiSwap Co-Founder Sees Future Users in China and on Other Blockchains\n• SushiSwap Co-Founder Sees Future Users in China and on Other Blockchains", "Within a week of going online, DeFi project SushiSwap\x92s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch. This article was originally published by CoinDesk China on Tuesday. SushiSwap co-founder 0xMaki (later referred to as Maki) once proudly said, \x93It took Uniswap two years to get to where it is today. It only took us seven days.\x94 SushiSwap\x92s founding team is extremely small, with only three people: Chef Nomi (later referred to as Chef), sushiswap and 0xMaki. The first two are responsible for code and product development, while the latter is responsible for growth and operations. Related: 'I Fked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund Last Saturday, SushisSwap co-founder Chef suddenly sold all the tokens that were supposed to be used for a development fund without notifying the community. This move sparked dissatisfaction and doubt in the community, and SUSHI\x92s price plummeted. As doubts in the community continued to grow, Chef decided to transfer the Admin Keys to FTX CEO Sam Bankman-Fried (later referred to as Sam) and left a message saying, \x93I am a good person.\x94 After Sam took over the management key, he and Maki organized the code migration and multi-signature validator voting. SushiSwap has since completed migrating its users\x92 funds from Uniswap and turned control over to nine well respected users who can approve changes and expenditures as a group. Related: First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows Earlier this week, CoinDesk China published an exclusive interview with Maki, the only remaining SushiSwap founding team member. The interview, which is slightly edited, covers Maki\x92s opinions on Chef\x92s sale of the development funds and Sam\x92s management authority, as well as SushiSwap\x92s development plan after Chef\x92s departure. Story continues CoinDesk China: Let\x92s start with a self-introduction. Who are you, and what do you do in SushiSwap? Maki: I\x92m a full- Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $190,815,653,112 - Hash Rate: 118993843.45402186 - Transaction Count: 308323.0 - Unique Addresses: 677215.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Googles Pixel 4a will cost $350 and launches at the end of the month . After suffering from very detailed leaks as well as the companys own preamble and teases, there wasnt much left to the imagination or press release, for that matter. Google Pixel 4a (Engadget) Good job, then, that we have our own detailed review from Cherlynn Low ready to go it scored 91, more on that below. On top of that, we explain how the Pixel 4a came out so cheap and when you can expect a 5G version . Mat P.S. Dont forget to check us out at 10 AM ET tomorrow, when Samsungs virtual Unpacked event starts . Were expecting to meet the next Galaxy Note , plus a new Galaxy Fold and several other mobile devices. Pixel 4a review: The best $350 phone Home on the midrange. Google Pixel 4a (Engadget) Google proves, again, it is the ruler of midrange phones with the Pixel 4a. It offers flagship-quality cameras, fast performance and good battery life for just $350. It also offers helpful Pixel-only tools like Live Caption for Calls, Call Screening, Recorder and Personal Safety features, helping it to break from the pack . Though it only comes in one color option and just a single rear camera, the Pixel 4a still manages to be the best phone for the price. Check out Cherlynns full verdict, right here. Continue reading. PS4 game sales almost doubled during the pandemic And the vast majority of sales were digital. Ghost of Tsushima (Sucker Punch) In its financial earnings earlier, Sony reported it sold 91 million PS4 games during the three-month period leading up to June 30th, 2020. That's an 83 percent increase on the 49.8 million sales it reported for the same quarter last year. First-party exclusives sold impressively as well 18.5 million copies total buoyed by Naughty Dog's long-awaited sequel to The Last of Us. Sony also offered some PS5 updates for old peripherals and controllers . You can use your old DualShock 4 controllers with the new console, but only for older games. Your PlayStation camera will also work with the PlayStation 5 but will require a special adapter that the company says will be free of charge. Continue reading. Story continues Sponsored by Yahoo The Yodel: a daily rollup of news, sports, finance, and more going on in your world. A quick read that you'll finish before your first cup of coffee. Yahoo Virgin Galactic reveals its Mach 3 aircraft design Wait, have they even sent anyone to space yet? Virgin Galactic Mach 3 (Virgin Galactic) On Monday, Virgin Galactic unveiled the initial design concepts for its March 3 high-speed plane, a delta-wing aircraft that will carry nine to 19 people and fly at an altitude of 60,000 feet. The company also signed a non-binding memo with Rolls-Royce to collaborate on designing and developing engine propulsion technology for high-speed commercial aircraft. Continue reading. Microsoft redesigned the Xbox store ahead of Series X debut It'll roll out to all users this fall, but some beta testers can try it this week. Xbox store (Microsoft) And on the other side of the console avenue, Microsoft has pretty much redesigned the entire online Xbox store, ready for the Series X to land. The company claims the store is more than twice as quick than in the past and that it loads in under two seconds. You can easily see what games your friends are playing, and it should be a cinch to find out what sales and discounts are available. Microsoft will let some Xbox Insiders (aka beta testers) try the new-look store for themselves starting on Wednesday, with a gradual roll-out planned in the run-up to the Xbox Series X launch this fall. Continue reading. Masterbuilt Gravity Series 560 review A versatile smart charcoal grill. Masterbuilt Gravity Series 560 review (Engadget) This Gravity Series grill offers the familiarity and convenience of charcoal with a WiFi-connected setup that works well as both a smoker and a high-temperature searing machine. Lighting it properly will take some practice, and its missing a few features weve seen in other setups, but at $500 its half the price of a midrange Traeger model. Continue reading. But wait, theres more... Olympus' $699 E-M10 IV has a higher-res sensor and flip-down selfie screen Google invests in ADT to push Nest towards home security What's on TV this week: 'Star Trek: Lower Decks, Horizon Zero Dawn' Alleged Twitter hacker was previously caught stealing a fortune in Bitcoin Garmin reportedly paid millions to resolve its recent ransomware attack Impossible Burger continues its rapid expansion with Publix Google's latest Chrome extension shows detailed ad-tracking data... - Reddit Posts (Sample): [['u/SnooTangerines4358', '60% of BTC owned by .5% of wallets', 31, '2020-09-11 00:20', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/', 'I looked up the number of Bitcoin wallets on [www.bitinfocharts.com](https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) and, after not accounting for wallets with less than .1 BTC (1000 USD), I realized that less than 16000 (.5%) total wallet addresses control 60% of the current Bitcoin distribution. What kind of impact could this have on Bitcoin’s price and would it mean that it’s easily manipulated? What are your thoughts on such a heavy ownership concentrated by such a small minority?', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/', 'iqdqf3', [['u/Leading_Zeros', 71, '2020-09-11 00:43', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4rjbco/', 'Most of those are exchanges, institutions, custodians holding bitcoin for hundreds, thousands even millions of people. Bitcoin is pseudonymous. Looking at wallet addresses and trying to extrapolate to number of people holding is a complete waste of time.', 'iqdqf3'], ['u/Reach_Beyond', 10, '2020-09-11 00:59', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4rl6nm/', 'Is it possible 30% or something is in Wallet’s owned by exchanges? In that case it may seem like a huge concentration is in a few wallets but that wallet’s bitcoin isn’t owned by an individual. I image a good amount of people leave their bitcoin in exchanges.', 'iqdqf3'], ['u/typtyphus', 10, '2020-09-11 09:30', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4sxsl7/', 'we\'re reminded of "not your keys, not your coins" every time an exchange gets hacked, or see a +200 block reorg.', 'iqdqf3']]], ['u/Teachmethings01', '[WTS] 🔥Rhodium, Palladium, Gold, Silver 🔥', 18, '2020-09-11 01:14', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/', 'Updated date group proof pic in album\n\n[proof/pics](https://photos.app.goo.gl/LHDwTcEEX9iW1VjX7)\n\nSome price improvements!\n\nMany of these pieces need no introduction so let’s get to it!\n\nRhodium\n\nBaird 1/10 in Assay - SOLD!- Buyer went dark 🤷\n\nPalladium\n\nStillwater 1/4 oz made by Johnson Matthey in mint packaging. Cut out of larger sheet. - $640\n\nVintage Gold\n\n1 oz Engelhard Canadian Bull bar - $2150\n\n1 oz 1980 Engelhard Prospector (small ding on rim as shown in photos) - $2150\n\n1904 MS 61 $20 Liberty - $2115\n\nSilver\n\n100oz Asahi poured dark toned! - $2840\n\nShipping $8 priority \n\nAll items insured by me until they deliver!\n\nPpff, zelle, Venmo, BTC', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/', 'iqepfb', [['u/datboy1986', 12, '2020-09-11 02:00', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/g4rsdu6/', 'Rhodium is played out. Got any Plutonium?', 'iqepfb']]], ['u/admin_default', 'Why doesn’t Maker pay interest to liquidity providers?', 18, '2020-09-11 02:30', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/', 'Dai prices steadily rising beyond $1 and it seems likely that DeFi is causing the disconnect.\n\nYield farmers are able to stake ETH, wBTC or other tokens in Compound or Yearn and earn interest (at insanely high rates). They can then borrow Dai and earn even higher interest, effectively negative interest rates for borrowing. This makes Maker much less competitive so there’s an imbalance in the supply/demand of Dai.\n\nWhat can be done to keep Maker competitive?', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/', 'iqg00n', [['u/gremlin0x', 15, '2020-09-11 03:19', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/g4s1dcu/', "You're not providing liquidity. No one is borrowing your ETH that you deposit, so you're taking no risk. Maker is not a credit lending platform. It's a CDO tool. That's fundamentally different than Compound or CREAM where the currency you're providing is actually at risk of a bank run.\n\nI do believe you should earn something for your assets being used as collateral, and I'm waiting for Maker to start allowing yUSD, uUSD, yETH, yBTC, or any other LP token so at the very least, you're earning interest on your dollars. It would also be interesting since technically, there's currently a interest rate arb opportunity on Dai and yearn finance since yUSD is earning well over 20% APY with over 3 months of no loss of funds. Eventually, you're going to be able to arb this and overleverage a position with Maker + yUSD, but Maker would have to approve this collateral type.", 'iqg00n']]], ['u/[deleted]', 'ELIF5: How can bitcoin be both a good currency and a good investment?', 14, '2020-09-11 05:05', 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/', "Something I still fundamentally don't understand about bitcoin is its dual identity as a currency and an investment. And, as I understand it, the believers in these roles for bitcoin aren't competing groups; the people who are excited about bitcoin as an investment seem to be the same people who are excited about its potentially as a currency. \n\nIn order to be a good currency, conventional wisdom holds that its value should be relatively stable. But a good investment, by definition, has value that rapidly increases. \n\nFOREX is a thing, obviously, but that's also pretty detached from how the average person views or uses their dollars. It's also generally a bit more complicated than just buying a dollar because you think the dollar is a popular kind of money. \n\nSo, with all of that in mind, how should the average person view bitcoin, and why? Should they buy it as a currency? As an investment? Both? Neither? How do you view it? \n\nEdit: typo in title. the extra 5 is redundant, obviously", 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/', 'iqijev', [['u/Raverrevolution', 13, '2020-09-11 05:24', 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/g4sf5d5/', "Well...this is the first instance of this in history. Digital, store of value, and it being money. Bitcoin is making history. It's a new paradigm of how humanity views value. This will change the very definition of money.\n\nWelcome on board.", 'iqijev']]], ['u/AutoModerator', '[Daily Discussion] Friday, September 11, 2020', 40, '2020-09-11 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/', 'iqjg7o', [['u/SloppySynapses', 11, '2020-09-11 08:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4ssw3a/', "Very frequently, but people don't realize that the further out the gap is in the $3k-$13k range, the less likely/longer it takes to get filled. There's a small, unfilled gap at around $3550 from feb 2019 and there was a gap at $11800 for a whole year that was finally filled a month or so ago.\n\nThe simplest explanation for why (nearly) all of the CME gaps have been filled is that BTC has been ranging for years.", 'iqjg7o'], ['u/Schwanzerfaust', 23, '2020-09-11 09:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4swkvs/', 'I recently watched a documentary about filling gaps on xhamster and I have to admit it pretty much fills every time convincingly. I can now see why people believe such stories.', 'iqjg7o'], ['u/xtal_00', 10, '2020-09-11 09:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4syefn/', 'A move is in the mail.', 'iqjg7o'], ['u/Tadejus89', 18, '2020-09-11 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4tko3v/', 'This correlation BS needs to be stopped. If we were heavily correlated with stocks then BTC should be down at 9k already.', 'iqjg7o'], ['u/RetardIdiotTrader', 13, '2020-09-11 20:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4uhll1/', 'No, wicks are too long on the daily candles to suggest three white soldiers.', 'iqjg7o'], ['u/_TROLL', 16, '2020-09-11 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4uwjrh/', 'The psychological barrier of $12,345.67 ... damn you, numerology!', 'iqjg7o'], ['u/Damo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . On this edition of the Breakdown Weekly Recap, NLW looks at: The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors The SUSHI saga This week on The Breakdown: Related: Bitcoin News Roundup for Sept. 14, 2020 Monday \| Sorry, Governments, We’re Entering the Era of Private Money Tuesday \| Why Bitcoin Investors Aren’t Worried About This Price Pullback Wednesday \| ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible Thursday \| How Monetary Policy Undermined American Resilience Related: First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture' Friday \| ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories The Raw, Savage Capitalism of Open-Source Protocols The Raw, Savage Capitalism of Open-Source Protocols", "Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . On this edition of the Breakdown Weekly Recap, NLW looks at: The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors The SUSHI saga This week on The Breakdown: Related: Bitcoin News Roundup for Sept. 14, 2020 Monday \| Sorry, Governments, We’re Entering the Era of Private Money Tuesday \| Why Bitcoin Investors Aren’t Worried About This Price Pullback Wednesday \| ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible Thursday \| How Monetary Policy Undermined American Resilience Related: First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture' Friday \| ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories The Raw, Savage Capitalism of Open-Source Protocols The Raw, Savage Capitalism of Open-Source Protocols", 'The big U.S. indexes endedanother volatile weekin the red, led by a 4% retreat in the Nasdaq. Investors have their eyes on moves by theOracle of Omahaand theupcoming iPhone launch. The week also saw a notable CEO turnover and a retailer on the brink possibly saved, even while the e-commerce colossus further expands its footprint.\nAs usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week\'s most bullish and bearish posts that are worth another look.\nBulls\nPeloton Interactive Inc(NASDAQ:PTON) is already delivering solid profits, even at this early stage of growth, according to Chris Katje\'s "7 Peloton Analysts On The Q4 Report: \'A Bona Fide Growth Company\'."\nIn "Uber Analyst Expects California\'s Prop 22 To Pass Based On Latest Polling," Wayne Duggan reveals whyUber Technologies Inc(NYSE:UBER) may dodge the AB5 bullet on Election Day.\nShanthi Rexaline\'s "Why Moody\'s Is Upgrading AMD\'s Credit Rating" shows why theAdvanced Micro Devices, Inc.(NASDAQ:AMD) credit rating is no longer below investment grade, making shares more attractive for risk-averse investors.\n"Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 \'A Much Stronger Company\'" by Priya Nigam discusses whySysco Corporation(NYSE:SYY) can take meaningful market share from small competitors.\nFor additional bullish calls, also have a look at 4 Pros Offer Their Take On The Tech Sell-Off: \'Natural Speed Bump\' and Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin.\nBears\nChris Katje\'s "BofA On 5 Upcoming Apple Catalysts: \'Time To Pay Attention To The Fundamentals\'" says that possible headwinds made one topApple Inc(NASDAQ:AAPL) analyst cautious.\nIn Wayne Duggan\'s "Analyst: S&P Passed On Tesla Because It\'s \'Profoundly Overvalued\'," makes the case that the decision to shunTesla Inc(NASDAQ:TSLA) was brave of the S&P 500 Committee.\n"Exxon Mobil May Need B In Debt To Support Dividend, Says MKM Partners" by Priya Nigam discusses what it may take forExxon Mobil Corporation(NYSE:XOM) to back its generous dividend.\nAnalysts have concerns aboutOracle Corporation(NYSE:ORCL) after its quarterly report. So says "Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration" by Shanthi Rexaline.\nBe sure to check out AstraZeneca COVID-19 Vaccine Trial Halt A \'Wake-Up Call,\' WHO Says and Analysts Aren\'t Impressed With GameStop\'s Quarter Or Future for additional bearish calls.\nAt the time of this writing, the author had no position in the mentioned equities.\nKeep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.\nSee more from Benzinga\n• Barron\'s Picks And Pans: Boeing, Citigroup, Zoom Video And More\n• Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More\n• Benzinga\'s Bulls And Bears Of The Week: Apple, Costco, FedEx And More\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The big U.S. indexes ended another volatile week in the red, led by a 4% retreat in the Nasdaq. Investors have their eyes on moves by the Oracle of Omaha and the upcoming iPhone launch . The week also saw a notable CEO turnover and a retailer on the brink possibly saved, even while the e-commerce colossus further expands its footprint. As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week\'s most bullish and bearish posts that are worth another look. Bulls Peloton Interactive Inc (NASDAQ: PTON ) is already delivering solid profits, even at this early stage of growth, according to Chris Katje\'s "7 Peloton Analysts On The Q4 Report: \'A Bona Fide Growth Company\'." In "Uber Analyst Expects California\'s Prop 22 To Pass Based On Latest Polling," Wayne Duggan reveals why Uber Technologies Inc (NYSE: UBER ) may dodge the AB5 bullet on Election Day. Shanthi Rexaline\'s "Why Moody\'s Is Upgrading AMD\'s Credit Rating" shows why the Advanced Micro Devices, Inc. (NASDAQ: AMD ) credit rating is no longer below investment grade, making shares more attractive for risk-averse investors. "Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 \'A Much Stronger Company\'" by Priya Nigam discusses why Sysco Corporation (NYSE: SYY ) can take meaningful market share from small competitors. For additional bullish calls, also have a look at 4 Pros Offer Their Take On The Tech Sell-Off: \'Natural Speed Bump\' and Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin. Bears Chris Katje\'s "BofA On 5 Upcoming Apple Catalysts: \'Time To Pay Attention To The Fundamentals\'" says that possible headwinds made one top Apple Inc (NASDAQ: AAPL ) analyst cautious. In Wayne Duggan\'s "Analyst: S&P Passed On Tesla Because It\'s \'Profoundly Overvalued\'," makes the case that the decision to shun Tesla Inc (NASDAQ: TSLA ) was brave of the S&P 500 Committee. Story continues "Exxon Mobil May Need B In Debt To Support Dividend, Says MKM Partners" by Priya Nigam discusses what it may take for Exxon Mobil Corporation (NYSE: XOM ) to back its generous dividend. Analysts have concerns about Oracle Corporation (NYSE: ORCL ) after its quarterly report. So says "Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration" by Shanthi Rexaline. Be sure to check out AstraZeneca COVID-19 Vaccine Trial Halt A \'Wake-Up Call,\' WHO Says and Analysts Aren\'t Impressed With GameStop\'s Quarter Or Future for additional bearish calls. At the time of this writing, the author had no position in the mentioned equities. Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter. See more from Benzinga Barron\'s Picks And Pans: Boeing, Citigroup, Zoom Video And More Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More Benzinga\'s Bulls And Bears Of The Week: Apple, Costco, FedEx And More © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "NEW YORK, NY / ACCESSWIRE / September 12, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Mark Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $190,815,653,112 - Hash Rate: 146586618.74770805 - Transaction Count: 300152.0 - Unique Addresses: 604531.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s ongoing low-volatility range play is reminiscent of the price doldrums observed ahead of a sudden 40% price crash in the second half of November 2018. This time, however, the price squeeze may end with a bullish move, on-chain metrics and macro factors suggest. The leading cryptocurrency by market value has spent the better part of the last three months trading the range of $9,000–$10,000. While sellers pushed prices below $9,000 on a few occasions, they failed to establish a foothold. Related:Market Wrap: Do-Nothing Markets Stay Steady as Bitcoin Sticks to $9,200 As a result, the Bollinger bandwidth, a price volatility gauge, has declined to 0.04, the lowest level since Nov. 12, 2018, according to data sourceTradingView. Bollinger bands are placed two standard deviations above and below the 20-day moving average (MA) of price. Meanwhile, the Bollinger bandwidth is calculated by dividing the spread between the volatility bands by the 20-day MA. Volatility, as represented by Bollinger bandwidth, topped out at 0.89 following the March 12 crash, dubbed Black Thursday, and has been on a declining trend ever since. A similar pattern was observed in 2018 (above right), when the bandwidth fell from 0.5 to 0.04 in the two months to Nov. 12. The cryptocurrency had been locked in the narrow range of $6,000–$6,800. Related:What It's Really Like to Live on Bitcoin in the Middle East A prolonged period of low volatility consolidation often ends with a violent move in either direction. That’s what happened in 2018, two days after the bandwidth slipped to 0.04. The cryptocurrency dived below $6,000 on Nov. 14 – two days after the bandwidth hit a low of 0.04 – then went on to hit lows below $3,500 by Nov. 25. The fall marked a 41% drop over two weeks. Back then, though, the broader market structure was bearish. The cryptocurrency had charted lower highs in the first half of the year, having topped out at $20,000 in December 2017. The latest consolidation, on the other hand, was preceded by a bullish structure. The cryptocurrency bottomed out at $3,867 in mid-March and has charted multiple higher lows over the past four months. Also read:CORRELATION: Crypto’s Most Enigmatic Metric In addition, on-chain data shows holding sentiment is quite strong at the moment. For instance, over 62% of BTC haven’t moved in over a year, according toGlassnode, a blockchain analytics firm. Meanwhile, the unprecedented monetary and fiscal stimulus launched by the global authorities to counter the coronavirus-induced economic slowdown is widely expected to boost demand for bitcoin, often touted as digital gold and a hedge against inflation. As such, the ongoing consolidation may end soon with a strong move to the higher side. However, if the global stock markets begin to slide on renewedcoronavirus concernsandChina-U.S. tensions, bitcoin could instead witness a big move to the downside. The cryptocurrency has recently developed arecord positive correlationwith the S&P 500, Wall Street’s benchmark equity index. Disclosure:The author holds no cryptocurrency assets at the time of writing. • Bitcoin Volatility Metrics Are Like November 2018 All Over Again • Bitcoin Volatility Metrics Are Like November 2018 All Over Again... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0. Steering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0. Coming up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Bitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Binance Coin surged by 12.08% to lead the way. Bitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support. Cardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however. In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn. Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%. This Morning At the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.28% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0. Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617. Failure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility Organic Soybean Prices Continue to Experience Tailwinds S&P 500 Weekly Price Forecast – Stock Markets Take a Dive USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077 The Crypto Daily – Movers and Shakers – September 12th, 2020 Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation', 'Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0.\nSteering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0.\nComing up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nBitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nBinance Coin surged by 12.08% to lead the way.\nBitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support.\nCardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however.\nIn the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn.\nBitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%.\nAt the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.28% to lead the way down.\nBitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617.\nFailure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility\n• Organic Soybean Prices Continue to Experience Tailwinds\n• S&P 500 Weekly Price Forecast – Stock Markets Take a Dive\n• USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077\n• The Crypto Daily – Movers and Shakers – September 12th, 2020\n• Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation', 'Every week there’s usually at least one article in CoinDesk, a blurb in a newsletter and several charts in the Twittersphere about bitcoin’s correlation with something or other. This week, we were told that the 60-day correlation between gold and bitcoin (BTC) had reached all-time highs. Last week, our monthly report featured a chart of BTC’s correlation with the DXY dollar index. A few weeks before that, the correlation with the S&P 500 was in the headlines. If you feel dizzy from the rapid turns in attention on which correlation metric matters, you’re not alone. But, you had better get used to it because the fascination with BTC’s correlation status is unlikely to fade any time soon. What this reveals about bitcoin is intriguing. It’s not so much the correlation measures per se – they are fun to watch go up and down, but they’re not the deeper story. The deeper story is why it matters so much to us. Related: Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx Attacked When we point to BTC’s increasing correlation with the S&P 500, gold, avocados or whatever, we are searching for a handle on its prevailing narrative. We hope that correlations will give us a clue. BTC is a difficult asset to pin down. It is a scarce asset like gold, yet with a harder cap. It can be used for pseudonymous transactions, as can cash. It is a speculative holding for many, like equities. It is a bet on a new technology, like a growth stock. It is a hedge against a dollar collapse, a way to spread financial inclusion, an investment in financial evolution, a political statement. It is all of these, or none of these, depending on your intellectual leanings, economic philosophy and mood. The narrative we choose for bitcoin matters, though. Not only does it form our investment thesis around the asset, but it also influences our valuation methods. Do we extrapolate its potential price using the size of the gold market? The payments universe? Transaction fees? Something else entirely? Story continues So, faced with such a slippery narrative, we look to correlations to tell the story. If it’s highly correlated with gold, then the market views it as a safe haven. If it’s more closely correlated to the S&P 500, then it’s a risk-on investment. If bitcoin’s correlation to the dollar index plummets, then it’s a hedge. Related: Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend We look to the market to tell us what bitcoin’s narrative is. But this creates a feedback loop (Follow gold! Follow Nasdaq!) that helps to perpetuate bitcoin’s momentum-fueled volatility, and which is often thrown off course by the evolving nature of markets. Make it a good one BTC’s 60-day correlation with the S&P 500 has been coming down recently. That must mean it’s no longer a risk-on asset. Its increasing correlation with gold corroborates that, putting BTC back in the safe haven story. But wait. You’ll have heard that BTC has not had a good run over the past few days. You’ll probably also have heard that Tesla has had a particularly bad time this week. I wonder if they’re correlated. What do you know, it looks like BTC’s correlation with TSLA is increasing! BTC Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $190,815,653,112 - Hash Rate: 139688424.9242865 - Transaction Count: 255110.0 - Unique Addresses: 540351.0 Social & AI Sentiment: - Fear & Greed Index: 0.38 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin options trading on CME has flatlined after the exchange experienced massive growth and a record-breaking expiry last month. CMEs bitcoin options open interest has grown barely 10% in July to $167 million at last check. Less than 0.2% of Fridays aggregate bitcoin options trading occurred on CME, according to Skew . Open interest on Deribit, which represented 93% of Fridays bitcoin options trading volume, has grown roughly 30% in July to $1.1 billion, down from $1.3 billion before the June expiry. CME bitcoin options market grew 10x within a 30-day period between May and June on the heels of record-breaking growth in its bitcoin futures market. Bitcoin is the only cryptocurrency traded on CME Group, and the exchange currently has no plans to launch additional cryptocurrency markets. Related Stories CME Bitcoin Options Flatline After Record Growth in June CME Bitcoin Options Flatline After Record Growth in June CME Bitcoin Options Flatline After Record Growth in June CME Bitcoin Options Flatline After Record Growth in June... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose by 0.54% in the week ending 13thSeptember. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0.\nIt was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%.\nSteering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse.\nThe reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support.\nContinuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0.\nWhile falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key.\n5 days in the green that included a 1.18% gain on Monday and a 1.12% rise on Wednesday delivered the upside. A 2.39% slide on Tuesday and a 1.21% pullback on Sunday limited the upside for the week, however.\nBitcoin would need to avoid a fall back through $10,279 pivot to support a run the first major resistance level at $10,675.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $10,623.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $11,019 and resistance at $11,500 before any pullback.\nFailure to avoid a fall back through the $10,279 pivot would bring the first major support level at $9,935 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$9,500 levels. The second major support level at $9,538 should limit any downside.\nAt the time of writing, Bitcoin was down by 0.46% to $10,283.0. A bearish start to the week saw Bitcoin fall from an early Monday morning high $10,331.9 to a low $10,259.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum rose by 3.89% in the week ending 13thSeptember. Partially reversing an 11.04% slide from the previous week, Ethereum ended the week at $366.58.\nIt was a choppy start to the week. Ethereum fell to a Monday intraweek low $323.17 before finding support.\nSteering well clear of the first major support level at $279, Ethereum recovered to end the day up by 0.27%.\nA bearish day on Tuesday, however, saw Ethereum fall back through to sub-$330 levels and into the deep red.\nIn spite of a 4.59% slide on Tuesday, Ethereum continued to steer clear of the major support levels.\nFinding support mid-week, Ethereum rallied to a Sunday intraweek high $390.41 before sliding back.\nWhile falling well short of the first major resistance level at $458, Ethereum broke through the 38.2% FIB of $367. The pullback, however, saw Ethereum fall back through the 38.2% FIB to wrap up the week at $366 levels.\n5-days in the red that included a 4.04% gain on Wednesday and a 4.83% rally on Thursday delivered the upside. A 4.59% fall on Tuesday and a 5.47% slide on Sunday limited the upside for the week, however.\nEthereum would need to move through the $360 pivot and 38.2% FIB of $367 to support a run at the first major resistance level at $397.\nSupport from the broader market would be needed, however, for Ethereum to break out from last week’s high $390.41.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Ethereum could test the second major resistance level at $427 before any pullback.\nFailure to move through the $360 pivot would bring the first major support level at $330 into play.\nBarring an extended broader-market sell-off, however, Ethereum should steer clear of sub-$300 levels. The second major support level sits at $293.\nAt the time of writing, Ethereum was down by 1.94% to $359.47. A bearish start to the week saw Ethereum fall from an early Monday morning high $366.58 to a low $355.66.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• Platinum on Top as Gold Consolidates; Crude Remains Under Pressure\n• A Quiet Day ahead of Busy Week Leaves the Majors in the Hands of Geopolitics\n• TikTok to Pursue Partnership with Oracle; Microsoft Proposal Rejected\n• Bitcoin and Ethereum – Weekly Technical Analysis – September 14th, 2020\n• Oil Price Fundamental Weekly Forecast – Oversupply Concerns Join the List of Bearish Factors\n• USD/JPY Fundamental Weekly Forecast – BOJ to Offer More Optimistic View on Economy', 'Bitcoin Bitcoin rose by 0.54% in the week ending 13 th September. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0. It was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%. Steering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse. The reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support. Continuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0. While falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key. 5 days in the green that included a 1.18% gain on Monday and a 1.12% rise on Wednesday delivered the upside. A 2.39% slide on Tuesday and a 1.21% pullback on Sunday limited the upside for the week, however. For the week ahead Bitcoin would need to avoid a fall back through $10,279 pivot to support a run the first major resistance level at $10,675. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $10,623.0. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $11,019 and resistance at $11,500 before any pullback. Failure to avoid a fall back through the $10,279 pivot would bring the first major support level at $9,935 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$9,500 levels. The second major support level at $9,538 should limit any downside. At the time of writing, Bitcoin was down by 0.46% to $10,283.0. A bearish start to the week saw Bitcoin fall from an early Monday morning high $10,331.9 to a low $10,259.0. Bitcoin left the major support and resistance levels untested at the start of the week. Story continues Ethereum Ethereum rose by 3.89% in the week ending 13 th September. Partially reversing an 11.04% slide from the previous week, Ethereum ended the week at $366.58. It was a choppy start to the week. Ethereum fell to a Monday intraweek low $323.17 before finding support. Steering well clear of the first major support level at $279, Ethereum recovered to end the day up by 0.27%. A bearish day on Tuesday, however, saw Ethereum fall back through to sub-$330 levels and into the deep red. In spite of a 4.59% slide on Tuesday, Ethereum continued to steer clear of the major support levels. Finding support mid-week, Ethereum rallied to a Sunday intraweek high $390.41 before sliding back. While falling well short of the first major resistance level at $458, Ethereum broke through the 38.2% FIB of $367. The pullback, however, saw Ethereum fall back through the 38.2% FIB to wrap up the week at $366 levels. 5-days in the red that included a 4.04% gain on Wednesday and a 4.83% rally on Thursday delivered the upside. A 4.59% fall on Tuesday and a 5.47% slide on Sunday limited the upside for the week, however. For the week ahead Ethereum would need to move through the $360 pivot and 38.2% FIB of $367 to support a run at the first major resistance level at $397. Support from the broader market would be needed, however, for Ethereum to break out from last week\x92s high $390.41. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Ethereum could test the second major resistance level at $427 before any pullback. Failure to move through the $360 pivot would bring the first major support level at $330 into play. Barring an extended broader-market sell-off, however, Ethereum should steer clear of sub-$300 levels. The second major support level sits at $293. At the time of writing, Ethereum was down by 1.94% to $359.47. A bearish start to the week saw Ethereum fall from an early Monday morning high $366.58 to a low $355.66. Ethereum left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: Platinum on Top as Gold Consolidates; Crude Remains Under Pressure A Quiet Day ahead of Busy Week Leaves the Majors in the Hands of Geopolitics TikTok to Pursue Partnership with Oracle; Microsoft Proposal Rejected Bitcoin and Ethereum \x96 Weekly Technical Analysis \x96 September 14th, 2020 Oil Price Fundamental Weekly Forecast \x96 Oversupply Concerns Join the List of Bearish Factors USD/JPY Fundamental Weekly Forecast \x96 BOJ to Offer More Optimistic View on Economy', 'Bitcoin rose by 0.54% in the week ending 13thSeptember. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0.\nIt was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%.\nSteering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse.\nThe reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support.\nContinuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0.\nWhile falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key.\n5 days in the green that included a 1.18% gain on Monda Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $189,970,172,344 - Hash Rate: 151760264.11527425 - Transaction Count: 354020.0 - Unique Addresses: 726085.0 Social & AI Sentiment: - Fear & Greed Index: 0.39 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Preston Byrne, a columnist for CoinDesk’s Opinion section, is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a roundup of pertinent legal topics in the crypto space. It is most definitely not legal advice. Among the libertarians, I am something of an odd duck in that I am not a journalist, yet I have a blue check mark. I am proud of my blue check mark. I’m not sure how I got it. Back in the day, Twitter had a form you could fill in with links to press coverage if you wanted a blue check mark. I did so. One day, months later, a lot of my friends and I in fintech and Crypto Twitter suddenly had blue check marks next to our names. Related: It was great. CoinDesk’s full coverage of the Twitter hack Who was responsible for granting it to me, I do not know. I thank that person, because the day I got that blue check mark ranks right up there with the day I got married or the birth of my firstborn. (Except, I am not married and have no children; it is possible that this state of affairs relates to the inordinate amount of time I spend on Twitter.) If it is related, it was worth it. But apart from that, there are normally few if any downsides. Few, that is, until the Great Blue Checkmark Blackout the other day. For those of you living under a rock, Twitter – or, more probably, an employee of Twitter – had his or her employee login hacked (or deliberately sold) the other day. Following this, a number of well-followed accounts – Elon Musk, Bill Gates, Barack Obama and Joe Biden, to name a few – posted a promise that if Twitter users would send bitcoin to a particular address, the users would get double that amount sent back to them in return. Related:Colorado Is Betting on ETHDenver and Web 3 for Its Next Lottery Games Twitter immediately locked down all of the blue check marks while it responded to the incident. There was much rejoicing. Usually, this scam is carried out by seizing control of the account of a lesser blue check who uses SMS two-factor authentication that points to an actual phone (rather than Google Voice). The lesser blue check gets SIM swapped, following which the attacker changes the user’s profile and display name to that of a famous person (e.g. Elon Musk) and then posts the “send me Bitcoin!” tweet. The famous person’sstans, seeing the “verified” badge and the display name (but not the lesser blue check’s less prominent user handle), promptly comply. See also: Nic Carter –After the Twitter Hack, We Need a User-Owned Internet More Than Ever In this instance, the fact that (a) these verified accounts had millions of followers and (b) the attack appears to have pulled back the curtain on a “God Mode” moderation tool makes this a story. For those of us who have been around for awhile, there’s nothing new about this scam. What makes it notable is who got hacked, not what the hackers sought to achieve. Twitter responded by prohibiting the posting of cryptocurrency addresses. This is most certainlynot“good for Bitcoin.” Twitter is (quite properly) responding to unlawful use of its platform by preventing bad actors from exploiting the platform. But at the same time it is also preventing good actors like Balaji Srinivasan from solicitingbitcoin bountieson the platform. Some responses from the Bitcoin community such asthis from Nic Carter, called for a “user-owned internet” and decried the “sheer centralization” on display in this breach. Others, such as Muneeb Ali, said the breach “accelerated us towards a decentralized web by 5 years.” We should be careful not to overplay our hand. To start, the decentralized-ish protocols available for social media today are either clunky (ActivityPub) or un-scalable (in the case of the chains). Also, although centralization was an issue here, it does not follow that decentralization of the platform itself is the solution, as many blockchain promoters past and present claim. (See, for example,Vitalik Buterinpitching Ethereum as an identity solution to Elon Musk; the grownups in the room will be aware that Ethereum, all-singing and all-dancing in its marketing material, doesn’t do everything its stans say it does.) Decentralized solutions don’t operate as a PKI directory, like Keybase, and don’t have the ability to process meatspace ID, e.g., for driver licenses. Smart contracts can’t tell us much other than that someone, somewhere, was granted permission to write to that script. The smart move here by the crypto community is not to overreach and declare the end of the centralized web. Furthermore, there appears to be a much simpler fix. All Twitter, or indeed any social media company needs to do, is design client-side software that authenticates (a) that a user (b) who was verified by the service and (c) was logged into the service and (d) sent a message on the service (e) signed with a key or a device that the user presented to the service when first obtaining their verification. Such functionality would immediately alert a reader to a possible problem with the authenticity of the message. There might be a “green check mark” for messages that are validly signed, and a “red X” for messages that are unsigned. And the appearance of any message should be placed beyond the ability of any employee or moderator to falsify. Even this wouldn’t prevent an attacker who gained control of the device, or knowledge of the keys, from carrying out the “send Bitcoin!” scam. But it would make it considerably harder to pull off than with weak two-factor auth and apparently unlimited moderator power. See also:The Decentralized Web Has Plans, if Not Solutions, for the Misinformation Nightmare Apps like Keybase and Signal have shown that strong cryptography is increasingly accessible to ordinary internet users. Long gone are the days of PGP which,per Mike Hearn, “was so bad terrorists would rather die than use it.” The smart move here by the crypto community is not to overreach and declare the end of the centralized web. It’s to communicate to platforms that we expect client-side digital signatures and encryption in their offerings, so we can safely use online publishing platforms to send the financial communications of the future in a secure way. The alternative is that platforms will ban cryptocurrency addresses. I know which option I prefer. • Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem • Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The New York Attorney General\x92s office is losing patience with Bitfinex and Tether. NYAG Senior Enforcement Counsel John Castiglione filed a letter Monday ahead of a conference involving the regulator and the two cryptocurrency firms arguing it is time they complied with a 17-month-old document production order detailing financial information within the next two months. For their part, counsel representing the two firms argue the order is too broad and the scope should be limited first. Related: First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K \x93As of this filing, the 354 Order has been in place for seventeen months. In that time, Respondents have produced \x91jurisdictional\x92 documents (as directed by this Court) but failed to produce the core information called for in the Order. The delays must stop, and Respondents should be directed to comply promptly,\x94 Castiglione said. New York State Supreme Court Justice Joel M. Cohen scheduled the hearing for this Thursday, after receiving a request from the New York Attorney General\x92s (NYAG) office last week complaining that Bitfinex and Tether had yet to turn over any documents. According to Castiglione, the NYAG is requesting all documents be submitted within 60 days and an injunction preventing Tether from loaning funds to Bitfinex be extended a further 90 days. Charles Michael, an attorney with Steptoe and Johnson LLP representing Bitfinex, opposed any extension of the injunction in his own letter. \x93The allegedly concealed facts have been out in the open for 17 months, during which consumers have been free to redeem their tethers without restriction,\x94 he wrote. \x93Instead, they have chosen to buy, with tethers\x92 market cap growing six-fold (to over $14 billion).\x94 Related: NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents In his view, the fact that Tether\x92s market cap has increased this dramatically indicates market confidence in the dollar-pegged cryptocurrency, and negates the justification for the injunction. Story continues \x93Consumers are well protected today, and do not need [the Attorney General\x92s] injunction. The loan transaction supposedly impairing tether \x92s reserves was over 25% of tether\x92s backing at the time of the injunction, but, thanks to Bitfinex\x92s repayments and tether\x92s growth, the balance now is less than 4% of tether\x92s backing,\x94 Michael wrote. He added that tether\x92s assets exceed the amount of USDT issued by $160 million. 17 months It has indeed been a long journey. The case began in April 2019, when the Attorney General\x92s office said Bitfinex had lost access to close to $1 billion in customer funds, and borrowed from Tether\x92s reserves. The stablecoin issuer shares corporate owners and executives with Bitfinex, though in various legal filings counsel for the companies said the loan and a subsequent line of credit were negotiated independently of each other. The NYAG won an injunction preventing Tether from sending any more funds to Bitfinex, and Cohen ordered the firms to share all documentation about the deals, as well as documents about tether issuances, among other concerns. Bitfinex and Tether appealed the ruling, but lost the appeal in July. Earlier this month, the NYAG\x92s office asked to schedule Thursday\x92s conference to request a new production order with a strict timeline. Monday\x92s letter provided more information. The NYAG wants Bitfinex and Tether to produce purchase information for tether, U.S. dollar withdrawal requests, tax documents and account information within one week. Read more: NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents Within a month, the NYAG wants communications about Tether\x92s loans, loans to third parties and a list of U.S. or New York customers who had funds on Crypto Capital, and within 60 days it wants \x93full production\x94 of information related to a November 2018 subpoena, a February 2019 letter and jurisdictional documents. The original production order from 2019 called for the materials to be ready within a month, Castiglione said. \x93Most of the materials called for are core business documents that should exist and be readily accessible: order and trade information, client lists, lists of bank accounts and their balances, tax returns, and other similar material,\x94 the letter said, adding that, \x93the 354 Order is well over a year old and the appeal was decided two months ago.\x94 Michael wrote that some of the requests would require Bitfinex or Tether to \x93generate reports, accountings or answer questions\x94 that do not currently exist. \x91Extensive ties\x92 The NYAG also preemptively stated its opposition to any narrowing of the judge\x92s order, noting that \x93respondents have stated they will move this court\x94 to do so. According to Castiglione, the court\x92s role in the case is limited beyond the orders already signed, and the production demand is well within the NYAG\x92s authority under the Martin Act, the law it\x92s using to conduct its inquiry into Bitfinex. Michael\x92s opposition letter wrote that the court could limit the scope to avoid unduly burdening the respondents, in this case Bitfinex and Tether. The court itself has already said that any \x93unreasonable or not terribly relevant\x94 requests can be opposed. Bitfinex is arguing that a request for all documents about all tether transactions is overbroad. Michael likened it to \x93asking GM for all documents about cars.\x94 The NYAG is also looking for documents outside its jurisdiction, he claimed. In his brief, Michael wrote that the proposed timeline should be denied. Instead, he proposed a 30-day period for the two parties to discuss the scope of the request, saying Bitfinex and Tether would produce documents \x93not subject to dispute\x94 in the meantime. Read more: Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit He seemingly pushed back against the NYAG\x92s claims that insufficient documents have been produced, writing that the crypto firms have produced more than 70,000 documents so far. \x93Bitfinex and Tether also voluntarily produced extensive information to OAG, even while the First Department stay was in effect, including via two multihour presentations and a series of other communications aimed at answering directly the questions OAG indicated it was most interested in having answered,\x94 Michael wrote. He also noted that Bitfinex and Tether announced a ban on all New York customers nearly three years ago. Castiglione, in contrast, wrote that an investigation into Tether and tether is proper, \x93given their [respondents] extensive ties to the state.\x94 In his view, the appeals court\x92s ruling in the NYAG\x92s favor suggested the regulator could find additional information that would reveal further violations of the law. Related Stories New York Attorney General to Bitfinex and Tether: \x91Delays Must Stop\x92 New York Attorney General to Bitfinex and Tether: \x91Delays Must Stop\x92', 'The New York Attorney General’s office is losing patience with Bitfinex and Tether.\nNYAG Senior Enforcement Counsel John Castiglionefiled a letterMonday ahead of a conference involving the regulator and the two cryptocurrency firms arguing it is time they complied with a 17-month-old document production order detailing financial information within the next two months.\nFor their part, counsel representing the two firmsargue the order is too broadand the scope should be limited first.\nRelated:First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K\n“As of this filing, the 354 Order has been in place for seventeen months. In that time, Respondents have produced ‘jurisdictional’ documents (as directed by this Court) but failed to produce the core information called for in the Order. The delays must stop, and Respondents should be directed to comply promptly,” Castiglione said.\nNew York State Supreme Court Justice Joel M. Cohenscheduled the hearingfor this Thursday, after receiving a request from the New York Attorney General’s (NYAG) office last week complaining thatBitfinexandTetherhad yet to turn over any documents.\nAccording to Castiglione, the NYAG is requesting all documents be submitted within 60 days and an injunction preventing Tether from loaning funds to Bitfinex be extended a further 90 days. Charles Michael, an attorney with Steptoe and Johnson LLP representing Bitfinex, opposed any extension of the injunction in his own letter.\n“The allegedly concealed facts have been out in the open for 17 months, during which consumers have been free to redeem their tethers without restriction,” he wrote. “Instead, they have chosen to buy, with tethers’ market cap growing six-fold (to over $14 billion).”\nRelated:NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents\nIn his view, the fact that Tether’s market cap has increased this dramatically indicates market confidence in the dollar-pegged cryptocurrency, and negates the justification for the injunction.\n“Consumers are well protected today, and do not need [the Attorney General’s] injunction. The loan transaction supposedly impairingtether’s reserves was over 25% of tether’s backing at the time of the injunction, but, thanks to Bitfinex’s repayments and tether’s growth, the balance now is less than 4% of tether’s backing,” Michael wrote.\nHe added that tether’s assets exceed the amount of USDT issued by $160 million.\nIt has indeed been a long journey. The case began in April 2019, when the Attorney General’s office said Bitfinex had lost access to close to $1 billion in customer funds, and borrowed from Tether’s reserves. The stablecoin issuer shares corporate owners and executives with Bitfinex, though in various legal filings counsel for the companies said the loan and a subsequent line of credit were Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $189,970,172,344 - Hash Rate: 134514779.55672038 - Transaction Count: 332957.0 - Unique Addresses: 718787.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: New York, Aug. 17, 2020 (GLOBE NEWSWIRE) --Grayscale Investments®, the world’s largest digital currency asset manager, today announced thatGrayscale® Bitcoin Cash TrustandGrayscale® Litecoin Trusthave received DTC-eligibility. Eligible Shares of Grayscale Bitcoin Cash Trust will be available to trade on OTC Markets under the symbol: BCHG and eligible Shares of Grayscale Litecoin Trust will be available to trade on OTC Markets under the symbol: LTCN. This announcement follows FINRA’s verification that the required diligence to begin quoting BCHG and LTCN pursuant to Rule 15c2-11 under the Securities Exchange Act of 1934, as amended, has been completed.The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of each Trust’s underlying assets through an investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.SECONDARY MARKETS for the PRIVATE PLACEMENTSThe Trusts have offered private placements to accredited investors since March 2018. As of July 31, 2020, there were 6,028,000 Shares outstanding of BCHG and each Share represented ownership of 0.00941311 Bitcoin Cash. As of July 31, 2020, there were 2,500,800 Shares outstanding of LTCN and each Share represented ownership of 0.09413112 Litecoin. Shares created through each Trust’s respective private placement become eligible to sell into the public market after a statutory one-year holding period under Rule 144 of the Securities Act.All investors with access to U.S. securities will be able to buy and sell freely-tradable shares of BCHG and LTCN through their investment accounts in the same manner as they would other unregistered securities.INVESTMENT OBJECTIVEThe investment objective of each Trust is for the Shares (based on assets per Share) to reflect the value of the assets held by such Trust, determined by reference to the appropriate TradeBlock index at 4:00 p.m. New York time, less such Trust’s expenses and other liabilities.TradeBlock's BCX Indexis the reference for Grayscale Bitcoin Cash Trust andTradeBlock's LTX Indexis the reference for Grayscale Litecoin Trust. The Trusts will not generate any income and regularly distribute Bitcoin Cash and Litecoin respectively, to pay for its ongoing expenses. Therefore, the amount of Bitcoin Cash and Litecoin represented by each respective Share gradually decreases over time.The Trusts are not registered with the Securities and Exchange Commission and are not subject to disclosure and certain other requirements mandated by U.S. securities laws.GRAYSCALE PRODUCT FAMILYGrayscale's investment products are available to institutional and individual accredited investors through their respective periodic and ongoing private placements. In addition to its Bitcoin Cash (BCH) and Litecoin (LTC) offering, Grayscale’s single-asset investment products provide exposure to Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Horizen (ZEN), Stellar Lumens (XLM), XRP, and Zcash (ZEC). Additionally, Grayscale’s diversified investment product, Grayscale® Digital Large Cap Fund offers coverage of the upper 70% of the digital currency market by market capitalization. As of July 31, 2020, Grayscale managed approximately $5.2 billion in assets.BCHGandLTCNrepresent Grayscale’s fifth and sixth publicly-quoted investment products. Grayscale® Bitcoin Trust (OTCQX: GBTC), Grayscale® Ethereum Trust (OTCQX: ETHE), Grayscale® Ethereum Classic Trust (OTCQX: ETCG), and Grayscale® Digital Large Cap Fund (OTCQX: GDLC) are also publicly-quoted and available to all investors with access to U.S. securities. Investors will be able to find current financial disclosure and Real-Time Level 2 quotes for Shares onwww.otcmarkets.com/stock/BCHG/overviewonce trading for BCHG commences and www.otcmarkets.com/stock/LTCN/overview once trading for LTCN commences.Each Trust offers a private placement to accredited investors. The investment objective of each Trust is for its Shares to reflect the value of assets held by such Trust, less such Trust’s expenses and other liabilities. Because each Trust does not currently operate a redemption program, there can be no assurance that the value of the Shares will approximate the value of the assets held by such Trust, less such Trust’s expenses and other liabilities, and the Shares may trade at a substantial premium over, or a substantial discount to, such value and such Trust may be unable to meet its investment objective.This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.About Grayscale Investments®Grayscale Investments is the world’s largest digital currency asset manager, with more than $5.2B in assets under management as of July 31, 2020. Through its family of 10 investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a traditional security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors. For more information, please visitwww.grayscale.coand follow@Grayscale. CONTACT: Marissa Arnold [email protected]... - Reddit Posts (Sample): [['u/yankee_rose', 'I have some bitcoin on a ledger I would like to sell for fiat. How do I do this?', 15, '2020-09-15 04:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/', "DO I just send to binance sell for fiat and withdraw to my bank account? (I'm in USA)\n\nI know this is probably super basic but for some reason I can't find solid info or I'm just confused.\n\nThanks!", 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/', 'iszt07', [['u/TPK001', 29, '2020-09-15 04:48', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bgg07/', "Easiest way would be to use an exchange where you have already set things up. In your case, sounds like Binance.\n\nYou'll have to deposit the bitcoin at the exchange account (Binance) controlled by you.... \n\na) Log into your Binance account, to get the deposit address for Bitcoin.\n\nb) When you transfer, compare the address you got from Binance to what will be generated on your hardware device. Depending on network congestion and the fees you choose when transferring may take a couple of hours or more for your balance to be available at Binance. \n\nYou must be inundated by Private Messages by now, with offers to help. Ignore everything, including premiums to buy.", 'iszt07'], ['u/parrire', 13, '2020-09-15 05:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bhugk/', 'Yeah. Don’t listen to DMs this is basic enough to understand out in the open.', 'iszt07'], ['u/OgunX', 10, '2020-09-15 05:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bn1ou/', "don't forget about uncle sam!", 'iszt07']]], ['u/[deleted]', "China Blames Twitter Hack After Ambassador 'Liked' Foot Fetish Porn Tweet", 39, '2020-09-15 04:42', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/', 'Check out my profile page: allpleasurenopain 🤗\n\n- China\'s U.K. embassy has suggested its ambassador\'s Twitter account was hacked after it \'liked\' a foot fetish tweet this week. Diplomatic officials have now called for an investigation into the incident, claiming posts that appeared to have been clicked by its ambassador Liu Xiaoming were the work of "anti-China elements" that used "despicable methods to deceive the public." \n\nScreenshots of the offending Twitter posts, which have since been unliked, have spread on the site over the past day after being shared by a human rights campaigner.\n\nAlongside the adult content, a second post that showed up as \'liked\' included an image taken from drone footage allegedly showing blindfolded Uighur Muslims.\n\nAnother, which included the terms "Free Hong Kong" and "Free the Uighurs," accused China of murdering its own citizens "without condemnation by the world."\n\nSome Twitter users who claimed to have scoured Lui\'s likes on the platform suggested the U.K. ambassador\'s account had a long history of \'liking\' unexpected content\n\n As social media chatter about the incident mounted, China\'s U.K. embassy released a statement denying the likes were by Liu, and urged the public not to speculate.\n\n"Recently, some anti-China elements viciously attacked Ambassador Liu Xiaoming\'s Twitter account and employed despicable methods to deceive the public," it said.\n\n"The Chinese Embassy strongly condemns such abominable behavior. The Embassy has reported this to Twitter company and urged the latter to make thorough investigations and handle this matter seriously. The Embassy reserves the right to take further actions and hope that the public will not believe or spread such rumor."\n\nTwitter, which remains banned in China but is used by select government officials, has declined to comment about the possibility the account was hacked. It\'s possible to use the \'like\' feature to bookmark posts, and can also be tapped by mistake.\n\nIn July, the social network was successfully targeted by bitcoin scammers who were able to compromise high-profile accounts including Elon Musk and Bill Gates.\n\nAccording to its bio, Liu\'s account was created in October last year. It currently shows he has liked two posts, from 2019. The profile that originally posted the adult content remains active. Roughly translated, it\'s bio reads: "Beautiful legs in stockings."\n\nDespite overwhelming evidence, information leaks and first-person accounts of trauma, the Chinese government has repeatedly denied detaining vast numbers of people inside high-security facilities against their will in the western region of Xinjiang.\n\nThe U.K. ambassador previously defended his country\'s human rights record during an interview with the BBC back in July, asserting that the Uighur people live in "peaceful and harmonious coexistence with other ethnic groups.\n\nWhen confronted with evidence at the time, including a testimony from a woman who said she had suffered forced sterilization, Liu blamed "anti-China elements."\n\nAfter the embassy statement was released, the diplomat did not directly mention the incident but tweeted a proverb: "A good anvil does not fear the hammer." His post has attracted hundreds of responses—including many pictures and videos of feet.', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/', 'it02bi', [['u/goawayjose22', 40, '2020-09-15 04:48', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bgeam/', '>His post has attracted hundreds of responses—including many pictures and videos of feet.\n\nThis was just 4-D chess to get free feet pics', 'it02bi'], ['u/GamerGuy1191', 23, '2020-09-15 05:53', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bmshm/', 'HA! Someone forgot to switch to their anonymous foot account', 'it02bi'], ['u/solesoul555', 15, '2020-09-15 06:13', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bondm/', '"A good footboy does not fear the trample"', 'it02bi']]], ['u/Enix1993', 'R/sportsbook survey', 167, '2020-09-15 05:53', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/', "Good evening my fellow degenerates.\n\nTwo years ago there was a sportsbook survey that I stumbled upon. You can find the results [Here](https://docs.google.com/forms/d/e/1FAIpQLSeSat-Cf--obpkDr9FZ8kTk32f6Y2wABzryGVmL551-zUo63Q/viewanalytics) . I think these results gave a decent idea of the users here, and I figured it'd be good to get an update on that.\n\nIf you would like to fill out the survey, the link is [Here](https://docs.google.com/forms/d/e/1FAIpQLSe30hx0mSz5YBCwTNquW5fbgfDk4ks0MzhlXKf2HzwyAPJ4yQ/viewform?usp=sf_link)\n\nLast time there were 500 respondents, so if we can get to that number, that'd be sick. This is my first survey I've ever created, so if there's any issues, feel free to let me know.\n\nAlso, please do upvote this for ~~my karma~~ so this stays relevant for r/sportsbook . I will share the results at the end of this week, just in time for Sunday football :)\n\nEDIT:\n\nSo I've made a few edits. In order to see the nice data sets, you can't have it as short answer. Otherwise, it's a wall of text to sift through. I can make it a piechart into google forms, but even then, due to the uniqueness of answers, it's a wide array of colors. I still have all the individual answers shown, but it's about 30 differnet colors in one chart.\n\nInstead, I've made it another multiple choice, with the top answers being the first four choices & then the option of other. So, without further ado, here are your finalists.\n\nFor the sports team / player that gives most grief this gives us : Rockets (by a wide margin lol), Cowboys, Clippers, & 76ers. (Flyers, Arsenal, Titans, Colts, Falcons, Islanders all have 3)\n\nFor the Capper question : We have Bob, Chasingpayments, YBK, Sidekick, Myself, and None.\n\nFor the Sportsbook question: Bovada, Draftkings, Fanduel, Personal bookie, bet365\n\nI still have the array of colors, but hopefully this makes it look a little cleaner. Regardless, you can still see the individual answers if you hover over the graph.\n\nAs of right now, we are currently sitting at 1000 responses! This community has truly grown. Some of my favorite answers are : Meat popsicle for gender, Jarrett Culver not staying home for grief, and Jameis Winston & has bad eye sight.\n\nLastly, I will also give the spreadsheet that I exported it to so we can all view.\n\nThanks again for everyone's participation\n\nOne last edit : As per the 36 responses, here is the link to my bitcoin wallet [Here](https://www.youtube.com/watch?v=oHg5SJYRHA0&ab_channel=cotter548)", 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/', 'it16by', [['u/Enix1993', 16, '2020-09-15 07:06', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/g5bt7dd/', "Already @ 15 responses in an hour. Let's keep it up, and thanks guys! (Yes, all males so far =) )\n\nEdit : Apologies for the lack of proofreading, was watching the Broncos game lol. Thanks for submitting that as a response, anonymous! I've corrected my mistakes.", 'it16by'], ['u/titosvodkasblows', 23, '2020-09-15 07:17', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/g5bu45i/', "A few answers in the original survey kinda amused me.\n\nThe unit sizes being so low. I am less shocked when I look at age, though. I am sure there is a very direct relationship between age and bet size, for obvious reasons.\n\nTennis was like the 9th most popular sport to bet on yet but was the 6th most frustrating to people. Keep going to the well, huh?\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: ['The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is giving the indexes a tailwind. Global equities markets rallied on Tuesday, first on data that showed China’s industrial output and retail sales picked up, and later on an increase in U.S. factory production. At 01:34 GMT, Japan’s Nikkei 225 Index is trading 23425.55, down 29.34 or -0.13%. Hong Kong’s Hang Seng Index is at 24732.76, unchanged and South Korea’s KOSPI Index is trading 2439.21, down 4.37 or -0.18%. In China, the Shanghai Index is trading 3294.96, down 0.72 or -0.02% and in Australia, the S&P/ASX 200 Index is at 5939.60, up 44.80 or +0.76%. Nikkei Struggles after Japan Exports Tumble Japan’s exports slumped 14.8% in August from a year earlier, down for the 21 st straight month, Ministry of Finance data showed on Wednesday, underlining the coronavirus pandemic’s heavy hit to global demand. That compared with a 16.1% decline expected by economists in a Reuters poll and followed a 19.2% fall in July. Imports dropped 20.8% in the year to August, compared with the median estimate of an 18.0% decline. The trade balance came to a surplus of 248.3 billion Japanese Yen ($2.36 billion), against the median estimate of a 37.5 billion Japanese Yen deficit. Australia Shares Rise on Miners, Tech Boost Australian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher, with investors hoping that the U.S. Federal Reserve will stick to its supportive policy stance. The tech index added as much as 2.5% to be the top percentage gainer after its U.S. counterpart ended more than 1% higher overnight, while export-reliant miners were the biggest boost to the benchmark index. Miners began their jump this week after upbeat Chinese data on Tuesday, with global giants BHP Group and Rio Tinto gaining 1.6% and 2%, respectively. Apple Supplier Shares Mixed Apple supplier stocks in the region were mixed in the Wednesday morning trade. Apple Inc retraced earlier gains after its product event, which included the roll-out of a new virtual fitness service and a bundle of its subscriptions into Apple One. The stock, which often dips after a run-up prior to the event, closed up 0.2%. This was well off its intra-day high. In Japan, shares of Apple supplier Murata Manufacturin g rose 0.26% while Sharp gained 0.3%. South Korea’s LG Display, on the other hand, slipped 0.62%. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: DraftKings Breaks Out To New High Bitcoin Breakout While Ethereum Consolidates Gold Price Forecast – Gold Markets Run Into Resistance Crude Oil Price Update – Best Case Scenario for Bulls Targets $40.72 Gold Price Prediction – Prices Edge Higher on Higher Import Prices European Equities: U.S Retail Sales, the FED, and Geopolitics in Focus View comments', 'The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is giving the indexes a tailwind.\nGlobal equities markets rallied on Tuesday, first on data that showed China’s industrial output and retail sales picked up, and later on an increase in U.S. factory production.\nAt 01:34 GMT,Japan’s Nikkei 225 Indexis trading 23425.55, down 29.34 or -0.13%. Hong Kong’s Hang Seng Index is at 24732.76, unchanged and South Korea’s KOSPI Index is trading 2439.21, down 4.37 or -0.18%.\nIn China, the Shanghai Index is trading 3294.96, down 0.72 or -0.02% and in Australia, the S&P/ASX 200 Index is at 5939.60, up 44.80 or +0.76%.\nJapan’s exportsslumped 14.8% in August from a year earlier, down for the 21ststraight month, Ministry of Finance data showed on Wednesday, underlining the coronavirus pandemic’s heavy hit to global demand. That compared with a 16.1% decline expected by economists in a Reuters poll and followed a 19.2% fall in July.\nImports dropped 20.8% in the year to August, compared with the median estimate of an 18.0% decline.\nThe trade balance came to a surplus of 248.3 billion Japanese Yen ($2.36 billion), against the median estimate of a 37.5 billion Japanese Yen deficit.\nAustralian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher, with investors hoping that the U.S. Federal Reserve will stick to its supportive policy stance.\nThe tech index added as much as 2.5% to be the top percentage gainer after its U.S. counterpart ended more than 1% higher overnight, while export-reliant miners were the biggest boost to the benchmark index.\nMiners began their jump this week after upbeat Chinese data on Tuesday, with global giants BHP Group and Rio Tinto gaining 1.6% and 2%, respectively.\nApplesupplier stocks in the region were mixed in the Wednesday morning trade. Apple Inc retraced earlier gains after its product event, which included the roll-out of a new virtual fitness service and a bundle of its subscriptions into Apple One. The stock, which often dips after a run-up prior to the event, closed up 0.2%. This was well off its intra-day high.\nIn Japan, shares of Apple supplierMurata Manufacturing rose 0.26% whileSharpgained 0.3%. South Korea’s LG Display, on the other hand, slipped 0.62%.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• DraftKings Breaks Out To New High\n• Bitcoin Breakout While Ethereum Consolidates\n• Gold Price Forecast – Gold Markets Run Into Resistance\n• Crude Oil Price Update – Best Case Scenario for Bulls Targets $40.72\n• Gold Price Prediction – Prices Edge Higher on Higher Import Prices\n• European Equities: U.S Retail Sales, the FED, and Geopolitics in Focus', 'Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries. Of the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold. North and South American mining company GoldMining Inc. (OTCQX: GLDLF ) experienced the greatest increase from July to August, as dollar volume rose 344%. Grayscale Digital Large Cap Fund LLC (OTCQX: GDLC ) followed with a 312% monthly increase, while Trulieve Cannabis Corporation (OTCQX: TCNNF ) and Green Thumb Industries Inc. (OTCQX: GTBIF ) increased 163% and 112% respectively. The pattern is hardly a surprise. In an industry buoyed by the fact that many dispensaries were allowed to remain open during quarantine, Trulieve and Green Thumb have been among the best-performing cannabis companies this year. Both companies have seen their shares rise over 300% from the bottom in mid-March. And with the major indexes rising to new all-time highs in the midst of a global pandemic, some investors have sought alternatives to U.S. equities\x97such as gold and cryptocurrencies. Along with GLDC, the Grayscale Bitcoin Trust (OTCQX: GBTC ) and Grayscale Ethereum Classic Trust (OTCQX: ETCG ) also saw dollar volume rise 31% and 45% respectively during the month. In all, two of the top three most actively traded securities on OTCQX in July were crypto-related securities from Grayscale, and five of the top 10 are involved in cannabis. The list of the top 10 most active securities for the OTCQX Market is below. Cannabis companies are denoted with an asterisk. Company Name Symbol Country August Dollar Volume Grayscale Bitcoin Trust (BTC) GBTC USA $1,862,222,369 Roche Holding Ltd RHHBY Switzerland $786,638,197 Grayscale Ethereum Trust (ETH) ETHE USA $326,284,216 Trulieve Cannabis Corporation* TCNNF USA $249,800,502 Green Thumb Industries Inc.* GTBIF USA $176,435,346 Curaleaf Holdings Inc.* CURLF USA $150,124,518 Planet 13 Holdings Inc.* PLNHF USA $132,887,119 Danone DANOY France $130,110,712 Cresco Labs Inc.* CRLBF USA $104,266,908 adidas AG ADDYY Germany $93,108,125 OTCQB On the OTCQB Venture Market, DSG Global Inc (OTCQB: DSGT ), GreenPower Motor Company Inc . (OTCQB: GPVRF ),\xa0and Galaxy Next Generation, Inc. (OTCQB: GAXY ) experienced the greatest month-over-month dollar volume increases. Story continues The list of the top 10 most active securities for the OTCQB Market is below. Company Name Symbol Country August Dollar Volume CytoDyn Inc. CYDY USA $476,197,034 Galaxy Next Generation, Inc. GAXY USA $213,694,808 Fannie Mae FNMA USA $135,240,459 GreenPower Motor Company Inc. GPVRF Canada $97,849,334 Freddie Mac FMCC USA $65,519,497 Humanigen, Inc. HGEN USA $60,266,131 TOMI Environmental Solutions, Inc. TOMZ USA $52,399,841 TPT Global Tech, Inc. TPTW USA $45,060,406 Vystar Corp. VYST USA $44,068,244 NaturalShrimp Incorporated SHMP USA $43,775,621 See more from Benzinga 2 Conferences Are Going Virtual This Month \x96 One On Cannabis And Another Life Sciences Trading Volume Continues To Increase For A Pair Of Leveraged Oil & Energy ETNs The Pandemic Is Contributing To Financial Scams, And Generation Z Is Especially Vulnerable © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments', 'Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries.\nOf the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold.\nNorth and South American mining companyGoldMining Inc.(OTCQX:GLDLF) experienced the greatest increase from July Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,701,247,500 - Hash Rate: 133652505.32879265 - Transaction Count: 342609.0 - Unique Addresses: 747111.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Decentralized finance (DeFi) has been clogging the Ethereum network, but not in the way most analysts would have guessed. An architectural quirk in the most-used software version of Ethereum, Geth, has led to an uptick in the practice of spamming the network to secure trade profits over the last six months, according to Certus One co-founder Hendrik Hofstadt. Transaction spamming is one of many reasons the average Ethereum user fee has increased some 800% since May, according to Coin Metrics . Ponzi schemes like MMM or DeFi’s general growth in 2020 are also to blame. Related: Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate Read more: Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum Hofstadt told CoinDesk that algorithmic trading firms have created bot swarms to watch the Ethereum transaction queue (called the mempool). These bots wait for large trades on DeFi platforms such as Uniswap. After they go through, the bots quickly place orders to take advantage of price movements in what is called “backrunning.” Too many firms knew about this practice, though. So some firms switched up their tactics over the spring months by sending a wall of executions to crowd out others and secure a backrun order. Higher rewards for miners, higher profits for traders Rough modeling shows some $5.99 million in gas fees have been used to execute this trading strategy since April 2018, according to developer Philippe Castonguay. That’s about a week’s worth of typical Ethereum fees for useless transactions. Related: Two Reasons Crypto's Bull Market Is Coming Moreover, the majority of these trades occurred since March 12’s “Black Thursday,” when DeFi platforms saw record volumes . Read more: Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi For trading firms, this translates into more fees overall but arbitrage profits into the hundreds of thousands, according to addresses provided by Hofstadt. Story continues For the network, spamming crowds out other transactions. It also increases the average fee for everyone. On July 29, the Geth team approved swapping the execution model to a first come, first served basis. Yet, it remains to be seen if mining firms will update to the new Geth version. Hofstadt said miners could keep doing business as usual if they value the extra pocket change from DeFi traders more than helping out the network in general. Indeed, total network fees per day on Ethereum has increased 1,077% since May 5 from $162,200 to $1,909,000 on a seven-day rolling basis, according to Coin Metrics . Related Stories DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say... - Reddit Posts (Sample): [['u/Join_The_Resistance', 'A question for people holding 2 or more Bitcoins...', 20, '2020-09-16 00:29', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/', "Assuming PlanB is correct and Bitcoin overshoots the 100k price target in the upcoming bull run to say 200-250k, what is your opinion on the best strategy?:\n\n1). Hold all your bitcoin and don't sell until 1 million.\n\n2.) Sell a fraction of your portfolio and cash out, dollar cost averaging from 100-250k, and then take a large fraction of that cash and reinvest when the price corrects by 80% back to 50-75k. You then end up with more Bitcoin from the profits for the next cycle.", 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/', 'itj7j5', [['u/Mark_Bear', 75, '2020-09-16 00:41', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5eurbq/', "You own Bitcoin, which is doing well while the fiat currency is collapsing. \n\nSo you decide to exchange your wonderful Bitcoin for shit-money? That doesn't make sense. \n\nInstead, I offer this alternative... Bitcoin goes to $200K+, buy a nice home and pay for it with Bitcoin, buy a nicer car and pay for it with Bitcoin. Buy a new toaster, pay with Bitcoin via Lightning Network (for example). Help people who deserve it - by giving them Bitcoin.", 'itj7j5'], ['u/paperraincoat', 22, '2020-09-16 01:03', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5ex6sk/', "Don't trade, just buy some Bitcoin, ignore the 'this is totally a Bitcoin killer' altcoin du jour, send them over to your hardware wallet, and forget about them. [90%+ of day traders lose money](https://www.quora.com/Do-90-of-day-traders-lose-money-because-I-have-been-trading-for-only-a-short-period-of-time-and-my-principal-has-increased-by-30-so-is-this-simply-beginners-luck), and the more trades you make, the quicker you lose your principal. \n\n\nBuy and hodl. Bitcoin has averaged over 100% profit per year over eight years while the stock market averages 8% over a hundred years. If 100% isn't enough profit, you need to ease up on the stimulants.", 'itj7j5'], ['u/sreaka', 16, '2020-09-16 02:09', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5f48em/', 'That would be a better question for OP. "Sell for Fiat or wait until you can buy anything with Bitcoin?"', 'itj7j5'], ['u/Mark_Bear', 10, '2020-09-16 02:26', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5f65d2/', 'Debt is for fools. Bitcoin IS money.', 'itj7j5'], ['u/qualitycannabisnw', 13, '2020-09-16 04:53', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5fm85c/', 'That’s literally what is going to happen in the next 10 years. The largest wealth transfer in history.', 'itj7j5'], ['u/BeakMeat', 41, '2020-09-16 05:05', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5fng0n/', "If I could retire tomorrow by selling part of my bitcoin...\n\nPay off my house...\n\nTell my boss to suck it...\n\nSleep in every day...\n\nDrink fancy beer for breakfast if I wanted to...\n\nNo fucking way I'd hold it all for some future possibility. The quality of life upgrade right now is worth not being Yacht King in 20 years.\n\nBut that's just me.", 'itj7j5']]], ['u/Aids843', 'Coinbase alternative UK? Needs to sell XMR/Monero', 14, '2020-09-16 02:17', 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/', "So I've been using bitcoin for ages and want to start using monero/XMR instead. The thing is, coinbase does not use monero/XMR. \n\n&#x200B;\n\nI like coinbase because its less hassle than localbitcoins where prices are different and most people make you send photos with you holding your ID in your hand. Its such a chore just to get coin, with coinbase all I do is open the app, pay with card, send to address all in less than 2 minutes. \n\n&#x200B;\n\nIs there any alternative to coinbase which is hassle free and lets you buy XMR? has to be usable within the UK!", 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/', 'itkxpf', [['u/[deleted]', 13, '2020-09-16 05:27', 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/g5fpt0x/', 'Kraken is better for BTC and XMR. Do you realise how much money you waste on fees for saving a few clicks?\n\nOtherwise just send btc to morphtoken to exchange for xmr', 'itkxpf']]], ['u/guwangxiaozhu', '[H] M4A4 \| Howl FT 0.21 [W] 720 keys or $1800 BTC/ETH', 59, '2020-09-16 05:53', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/', " \n\nb/o 720k\n\n[Image](https://g.fp.ps.netease.com/market/file/5f4e0eee8b7427967acc909cw4qi7UHG02)\n\nSend your offer first and we'll discuss about it.\n\nTradeable after 09/09 7:00 AM\n\n[TradeURL](https://steamcommunity.com/tradeoffer/new/?partner=430829353&token=kQgDYKje)", 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/', 'itoakn', [['u/Sprite91', 18, '2020-09-16 09:15', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/g5g863d/', "Why did Howl's price incease so much last months? \nLast I checked my Howl was 3k euro in June, now it's like 5k euro... wtf", 'itoakn'], ['u/Navyguy330', 18, '2020-09-16 12:38', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/g5giys3/', '.16 sell for around 1650 -1700 USD FYI. on non white listed sites. \n\nand even some white listed ones.', 'itoakn']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, September 16, 2020', 39, '2020-09-16 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/', 'itogl6', [['u/ShotBot', 17, '2020-09-16 08:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5g5ue3/', 'Defi getting fucked in the ass while bitcoin slowly trending up', 'itogl6'], ['u/jogeer', 18, '2020-09-16 09:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gah1y/', 'That’s surprising, I thought SUSHI, SASHIMI, PIZZA, BURGER & SAKE were solid projects.', 'itogl6'], ['u/_TROLL', 10, '2020-09-16 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gak4u/', 'Likely at least some people near the top of some of these DeFi ponzi pyramids are trading back into BTC.', 'itogl6'], ['u/Golfergopher', 19, '2020-09-16 10:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gb806/', 'Somehow funding is negative lmao. This has a great chance of breaking 11k.', 'itogl6'], ['u/ThatOtherGuy254', 29, '2020-09-16 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gb9j9/', 'And yet the biggest stock is called Apple. Lol', 'itogl6'], ['u/aqvarius_il_grande', 15, '2020-09-16 11:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5ggiki/', 'Things make sense again.', 'itogl6'], ['u/Danny_Lunchbox', 20, '2020-09-16 15:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gwyhf/', 'KISS = Knights In Service of Satoshi', 'itogl6'], ['u/skythe4', 31, '2020-09-16 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h3ci6/', '>@Krakenfx\n just won approval to create America’s first crypto bank.\n\n>World, please meet Kraken Financial. Kraken Financial, world.\n\n>Wait, a what? Kraken is a BANK?! How did this even happen?! \n\n>Allow me to threadeth. 👇\n\nhttps://twitter.com/msantoriESQ/status/1306236234675740672', 'itogl6'], ['u/aSchizophrenicCat', 11, '2020-09-16 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h40sv/', 'What does your wife’s boyfriend think about all this though?', 'itogl6'], ['u/ARRRBEEE', 25, '2020-09-16 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h5kum/', 'Bakkt is a total meme, but somehow, they did $172MM in physically-settled BTC fut... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['More than 30,000 immigration documents regarding thousands of migrants detained in three South Florida detention centers during the COVID-19 pandemic will be classified as confidential, a Miami judge ruled Wednesday. During a court hearing held by phone, U.S. Magistrate Judge Jonathan Goodman granted U.S. Immigration and Customs Enforcement\x92s request to keep about 30,000 documents \x97 or nearly 100,000 pages\x92 worth of emails, letters and documents that ICE had marked as confidential \x97 unavailable to the public, at least for now. \x93If we had the luxury of time and we had many months ... I would say that it seems like [ICE] made too broad of a use of the confidential designation and I would go back and ask [ICE] to review all those designations and then come up with a revised production, eliminating those confidential designations which [they] incorrectly used. But we don\x92t have that luxury of time,\x94 Goodman said. \x93But under the present scenario, I\x92m not going to require it,\x94 he said. \x93But things change. ... This is subject to be revisited.\x94 He noted that depositions in the ongoing class-action lawsuit \x97 which seeks the release of thousands of immigration detainees who are held, or have been held, at the Krome Processing Center in West Miami-Dade, the Broward Transitional Center in Pompano Beach and the Glades County Detention Center in Moore Haven since the beginning of the coronavirus pandemic \x97 will begin next week. Though the documents marked confidential by ICE won\x92t be visible in the public docket, attorneys representing the detainees will have access to them, but will be prohibited from discussing them with anyone outside their legal teams. The six national immigration law firms representing the detainees \x97 the University of Miami\x92s immigration law clinic, the Southern Poverty Law Center, the Rapid Defense Network in New York, Americans for Immigrant Justice, the Legal Aid Service of Broward County, and Washington, D.C.-based law firm King & Spalding \x97 told the judge that the decision to keep the documents confidential \x93complicates\x94 their ability to use them as the case moves toward the upcoming trial, which is scheduled for January 2021. Story continues During Wednesday\x92s hearing \x97 which was interrupted by the sounds of untraceable and random disco music \x97 ICE also requested permission to redact about 7,000 of the 30,000 documents, specifically emails, group chats and internal memos that would reveal decision-making conversations about internal protocols and people held in detention. Goodman denied that request, but ruled that the agency could redact content that would disclose law enforcement techniques that could compromise public safety. He emphasized that ICE would have to let him know by Thursday exactly what officials plan on redacting and to avoid \x93nitpicking irrelevant minutiae.\x94 Details on the contents of documents were not discussed. In July, U.S. District Court Judge Marcia Cooke appointed an independent fact-finder to investigate possible \x93inhumane conditions, deliberate indifference and cruel and unusual punishment\x94 at Krome, BTC and Glades. The designation of a \x93special master\x94 was in response to a motion filed by immigration lawyers accusing ICE of violating the courts\x92 April 2020 order. The accusations included: co-mingling COVID-positive detainees with individuals who have not been confirmed as having the disease, failing to provide cleaning supplies and masks to detainees and not educating detainees about the pandemic. The detainees and their attorneys also accuse the agency of not promoting or enforcing social distancing within the detention centers. As of Wednesday, ICE data shows that 182 have tested positive for COVID-19 at Krome, 132 tested positive at Broward and 164 at Glades. Correction: A previous version of this story misspelled U.S. District Judge Marcia Cooke\x92s first name.', 'More than 30,000 immigration documents regarding thousands of migrants detained in three South Florida detention centers during the COVID-19 pandemic will be classified as confidential, a Miami judge ruled Wednesday. During a court hearing held by phone, U.S. Magistrate Judge Jonathan Goodman granted U.S. Immigration and Customs Enforcement\x92s request to keep about 30,000 documents \x97 or nearly 100,000 pages\x92 worth of emails, letters and documents that ICE had marked as confidential \x97 unavailable to the public, at least for now. \x93If we had the luxury of time and we had many months ... I would say that it seems like [ICE] made too broad of a use of the confidential designation and I would go back and ask [ICE] to review all those designations and then come up with a revised production, eliminating those confidential designations which [they] incorrectly used. But we don\x92t have that luxury of time,\x94 Goodman said. \x93But under the present scenario, I\x92m not going to require it,\x94 he said. \x93But things change. ... This is subject to be revisited.\x94 He noted that depositions in the ongoing class-action lawsuit \x97 which seeks the release of thousands of immigration detainees who are held, or have been held, at the Krome Processing Center in West Miami-Dade, the Broward Transitional Center in Pompano Beach and the Glades County Detention Center in Moore Haven since the beginning of the coronavirus pandemic \x97 will begin next week. Though the documents marked confidential by ICE won\x92t be visible in the public docket, attorneys representing the detainees will have access to them, but will be prohibited from discussing them with anyone outside their legal teams. The six national immigration law firms representing the detainees \x97 the University of Miami\x92s immigration law clinic, the Southern Poverty Law Center, the Rapid Defense Network in New York, Americans for Immigrant Justice, the Legal Aid Service of Broward County, and Washington, D.C.-based law firm King & Spalding \x97 told the judge that the decision to keep the documents confidential \x93complicates\x94 their ability to use them as the case moves toward the upcoming trial, which is scheduled for January 2021. Story continues During Wednesday\x92s hearing \x97 which was interrupted by the sounds of untraceable and random disco music \x97 ICE also requested permission to redact about 7,000 of the 30,000 documents, specifically emails, group chats and internal memos that would reveal decision-making conversations about internal protocols and people held in detention. Goodman denied that request, but ruled that the agency could redact content that would disclose law enforcement techniques that could compromise public safety. He emphasized that ICE would have to let him know by Thursday exactly what officials plan on redacting and to avoid \x93nitpicking irrelevant minutiae.\x94 Details on the contents of documents were not discussed. In July, U.S. District Court Judge Marcia Cooke appointed an independent fact-finder to investigate possible \x93inhumane conditions, deliberate indifference and cruel and unusual punishment\x94 at Krome, BTC and Glades. The designation of a \x93special master\x94 was in response to a motion filed by immigration lawyers accusing ICE of violating the courts\x92 April 2020 order. The accusations included: co-mingling COVID-positive detainees with individuals who have not been confirmed as having the disease, failing to provide cleaning supplies and masks to detainees and not educating detainees about the pandemic. The detainees and their attorneys also accuse the agency of not promoting or enforcing social distancing within the detention centers. As of Wednesday, ICE data shows that 182 have tested positive for COVID-19 at Krome, 132 tested positive at Broward and 164 at Glades. Correction: A previous version of this story misspelled U.S. District Judge Marcia Cooke\x92s first name.', 'Bitcoin, BTC to USD, rose by 1.60% on Wednesday. Following on from a 1.00% gain on Tuesday, Bitcoin ended the day at $10,971.3.\nIt was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move.\nSteering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0.\nBitcoin broke through the first major resistance level at $10,946 and the second major resistance level at $11,094.\nA late pullback, however, saw Bitcoin fall back through the second major resistance level to wrap up the day at sub-$11,000 levels.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Wednesday.\nBinance Coin (+2.73%), EOS (+0.30%), Ethereum (+0.32%), Ripple’s XRP (+1.66%), and Stellar’s Lumen (+2.71%) joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nTron’s TRX and Monero’s XMR led the way down, with losses of 3.19% and 5.15% respectively.\nBitcoin Cash ABC (-0.55%), Bitcoin Cash SV (-2.93%), Cardano’s ADA (-1.63%), Litecoin (-1.20%), and Tezos (-1.21%) also struggled.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Tuesday high $337.85bn. At the time of writing, the total market cap stood at $335.17bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.87%.\nAt the time of writing, Bitcoin was up by 0.74% to $11,052.7. A bullish start to the day saw Bitcoin rise from an early morning low $10,947.1 to a high $11,069.2.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bullish start to the day for the crypto majors.\nAt the time of writing, Ethereum and Ripple’s XRP were up by 3.77% and by 3.59% to lead the wa Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,701,247,500 - Hash Rate: 153484812.57112962 - Transaction Count: 348581.0 - Unique Addresses: 740029.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The OCC will allow banks to custody crypto, Visa has a digital currency playbook and a digital dollar is essential to America’s economic edge, said experts at a U.S. Senate hearing. You’re reading Blockchain Bites , the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here . Top shelf Digital Dollar Hegemony The U.S. Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy conducted a hearing on “Winning the Economic Competition” between China and the U.S. on Wednesday where crypto was cited as a possible tool to maintain U.S. economic supremacy. “This could be interpreted as crypto’s increasing acceptance as a mainstream idea,” CoinDesk’s Nikhilesh De says. Former CFTC Chair Christopher Giancarlo once again called for the U.S. conduct pilot programs using a tokenized dollar. “We have to assume that as the nature of finance changes, the nature of currencies change, we have to stay at the leading edge,” Walter Russell Mead, the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College and a member of the Hudson Institute, said. Related: First Mover: Crypto's $35T Moment Could Come From Analog-World Stock Listings ‘The Future of Money’ Visa outlined a digital currency playbook Wednesday, showing its commitment to digital currency’s place in “the future of money.” Already a crypto bridge for tens of millions of merchants, Visa cast its digital currency partnerships as critical to preserving what it said was six decades of innovation. “Extending this legacy into the decades ahead requires continuous innovation and collaboration with” the public and private sector, it said. Near the Net? Brooklyn Nets guard Spencer Dinwiddie’s plan to tokenize part of his $34 million NBA contract fell short of its $13.5 million target. Dinwiddie’s issuer SD26 LLC sold just nine of the 90 available tokenized contract shares, priced at $150,000, to eight total investors as of Wednesday, according to CoinDesk’s review of Form D regulatory filings and the security’s token’s issuance history on Etherscan. Project insiders have previously said the sale would last only until the end of July. It now appears to be closed out for good. Dinwiddie first proposed tokenizing his three-year contract in September 2019, which was initially met with fierce opposition from the NBA. Story continues Ant’s Assets Ant Group claims its clients are uploading an average of 100 million digital assets to its distributed ledger every day, making it the largest operating blockchain in China. The Alibaba-affiliate company made the claim in a release Thursday that announced Ant Blockchain was rebranding to AntChain. An Ant spokesperson later told CoinDesk these were mostly transaction records, as well as copyright and property ownership certificates. Ant Group said this week it was planning an IPO on the Shanghai and Hong Kong stock exchanges at a rumored $200 billion valuation. Compromised Accounts The attackers who compromised Twitter in a massive breach last week may have accessed direct messages from up to 36 accounts, including CoinDesk’s, according to an announcement late Wednesday. Twitter said it has completed its review of the 130 accounts targeted by the hack, which garnered $120,000 through a crypto giveaway scam. The attackers were not able to see previous passwords, but were able to access email addresses, phone numbers and possible “additional information,” the update said. CoinDesk has yet to regain access to its primary account. Quick bites Apple’s co-founder Steve Wozniak sued YouTube over Bitcoin giveaway scams using his likeness BitGo is staking Tezzies Winklesvoss-owned Gemini will custody .crypto domains names Veritaseum accuses T-Mobile of gross negligence over $8.6 million SIM-swap hack The U.S. House passed two blockchain amendments in an annual defense budget bill The big idea Related: Don't Expect Banks to Jump on the OCC Crypto Custody News A change is in the air. In a letter yesterday, the Office of the Comptroller of the Currency (OCC) announced all nationally chartered banks in the U.S. will be able to provide custody services for cryptocurrencies. This marks a major turning point for the crypto industry, long reliant on specialist custodians, typically licensed through states, to offer services to large investors. But it also signals a changing attitude in the nature of money. “The OCC recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers,” the letter said. Brian Brooks, a former Coinbase exec who joined the OCC as Acting Comptroller earlier this year, is just one of a number of crypto-friendly regulators in high positions. U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton is likely to become the next U.S. Attorney for the Southern District of New York, while ‘Crypto Mom’ Hester Peirce has been tapped for a second term as an SEC commissioner. It’s not out of the question for more crypto-forward legislation or administrative actions to follow this year. Still, the growing governmental acceptance of crypto comes with costs. Banks custodying digital assets will have to conform to local laws and follow “sound risk management practices,” the OCC letter states, placing these assets under watchful eyes. Whether this is antithetical to crypto’s original ethos, or may stifle breakneck development is an open question. But it’s worth asking what “being your own bank” means. Market intel ‘Risk On’ Bitcoin jumped above $9,500 on Wednesday, ending a four-week-long low-volatility squeeze. CoinDesk’s Omkar Godbole said market sentiment is poised for a further rise to the psychologically important $10,000 price level. In particular, a “risk-on” mood in traditional markets – seen by five-month highs in global stocks and near-term lows for the U.S. dollar, a safe haven in times of crisis – supports the case for a bullish crypto market. Bitcoin has recently developed a strong correlation with traditional assets. Tech pod Testing, Testing Ethereum 2.0 developers released the specifications for the “official” testnet on Wednesday, ahead of a presumed end-of-year launch. The testnet will begin August 4 and has been named “Medalla” after a Buenos Aires metro stop. In this case, “official” means the testnet is deployed by the Ethereum Foundation (EF), which will run by a decentralized group of programmers, developers and code auditors organized by fork coordinator Afri Schoedon. This is also a signpost the network’s code base is nearing launch readiness. Medalla joins multiple prior tests of Eth 2.0’s code bank on various client implementations, including Görli, Witti, Schlesi and most recently Altona. Crypto on the Backend Orchid VPN announced the launch of a Mac desktop app for private web browsing, which will allow users to purchase bandwidth using an Apple ID. The Ethereum-based service “marks one of the first times consumers can exchange USD for a service that runs entirely on crypto in the background,” Orchid CEO Steven “Seven” Waterhouse told CoinDesk via a spokesperson. Apple has traditionally taken an anti-crypto stance, including banning mining applications. “At minimum, Orchid’s arrangement with the Cupertino tech giant represents a slick workaround,” CoinDesk’s Zack Seward reports. What Went Wrong Blocknative, a company that studies blockchain mempools, issued a report that may explain the “zero-bid” attack on MakerDAO on March 12, also known as Black Thursday. The company found that an unusually high proportion of the mempool was clogged by transactions with very low gas prices, “hammering” the system with transactions never meant to go through. This opened the doors for hackers to submit “zero bids” in MakerDAO’s collateral auctions with stronger gas prices, essentially netting them collateralized ETH for $0. The attackers walked away with $8.3 million. Opinion Embrace the Unknowable Intelligence Jesus Rodriguez, CEO of IntoTheBlock, thinks crypto should embrace OpenAI’s new GPT-3 language generator model, not fear it. Noting that GPT-3, which is able to respond to human prompts, does not pose consequences for crypto, it could be employed in developing new quantitative trading and on-chain analysis strategies, as well as find a home in decentralized systems. “[T]he techniques behind GPT-3 represent the biggest advancement in deep learning in the last few years and, consequently, can become incredibly relevant to the analysis of crypto-assets,” he said. Who won #CryptoTwitter Related Stories Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized Airball Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized Airball... - Reddit Posts (Sample): [['u/brnrmbo', 'Old Missoula sub is locked.', 31, '2020-09-17 00:12', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/', 'Hello fellow Missoulians, as reported on [r/subredditdrama](https://www.reddit.com/r/SubredditDrama/comments/itzmhh/mod_of_rmissoula_locks_comments_sub_wide_because/), the old Missoula subreddit is locked. A few years ago I was banned from the old sub. I cannot recall the exact reason why however it was in regards to a post about the Bonner Bitcoin farm. I messaged the mods, webdoodle said he would remove the ban but later I found that I was shadow banned. Given the heavy handed moderation of the old Missoula subreddit r/MissoulaMontana was created.\n\nWelcome to the new subreddit for Missoula. Share your old Missoula subreddit woes below. ', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/', 'iu62ar', [['u/Thejunky1', 21, '2020-09-17 00:21', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5irl01/', 'ol doodle boi went off the deepend covid denier conspiracy style. How he mods a microbiology sub as well is beyond me.', 'iu62ar'], ['u/MScottPCo', 19, '2020-09-17 00:38', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5ito7g/', 'webdoodle has always been a power hungry nut job, but he finally went off the deep-end. I think my post about how to complain about bad mods finally sent him over the edge. I have no idea what the jackass is talking about when he says he’s being dox’d though. Dude is nuts.', 'iu62ar'], ['u/brnrmbo', 12, '2020-09-17 00:46', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5iui0q/', 'Looking at the list of subs they moderate it looks like he is a professional mod, but for free. That would make me go crazy too, I can barely moderate this sub.', 'iu62ar'], ['u/LightGallons', 10, '2020-09-17 19:10', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5lsz2s/', "I initially started this sub after a spat with Webdoodle having had several accounts banned for opinions he didn't like.", 'iu62ar']]], ['u/nixxon', 'BHS Closed indefinitely', 34, '2020-09-17 02:33', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/', "Copy/pasta below:\n---\n\nSeptember 16, 2020 \n\n\n\nGood evening BSD families and staff,\n\n\nI am writing tonight to let you know I have decided that the entire BHS/BTC campus will remain closed to students, faculty, and staff for at least the duration of this semester. This decision is directly related to the presence of PCBs in the air discovered during our ReEnvisioning project and has nothing to do with COVID. During this time, classes will continue online for BHS students and we will work to identify new spaces for in-person learning for Burlington Technical Center. \n\n \n\nThis morning Board Chair Wool, Director of Property Services Marty Spaulding, our ReEnvisioning consultants, and I met with representatives from EPA, Vermont Department of Health (DOH), Vermont Department of Natural Resources, and the Agency of Education to discuss the results of air quality sampling that are now available on our website. \n\n \n\nWhile we had initially been encouraged that the air testing was below the EPA guidelines of 500 nanograms per meter, the DOH levels of standards are 15 nanograms per meter and they made a strong recommendation that we not return to BHS or BTC without further diagnosing and mitigating the issue of PCB's in the air. The EPA was in agreement with this recommendation and noted that their standards often serve as more of a starting point after which they recommend further testing and conversation. After listening to the recommendations, conversation, and concerns, I made the difficult decision to keep our building closed to in-person learning and, beginning immediately, any personnel non-essential to the testing, mitigation, or maintenance processes. \n\n \n\nThe exception to this is the kitchen and cafeteria. These rooms have all come in under the Department of Health's allowable levels and both the DOH and the EPA have said we should feel okay continuing to use these spaces for our District food preparation but should keep an eye on the spaces and include them in future testing. This is good news for us as a District, as the kitchen at BHS is used to prepare food for many students and community members, not just our BHS population. \n\n\nI know this news must come as a shock to many of you, and I know that many students are likely very disappointed to once again be missing out on so many in-person connections. I want to assure you that we will work as fast and as hard as we can to get students back into our buildings as soon as we can. At the same time, our conversations this morning underscored that even the least-costly mitigation options will be expensive and time-consuming. \n\n\nAt BHS, our best-case scenario is that this process will take at least four months. For BTC, we expect the process to last significantly longer, which is why we are working to identify alternative spaces for these hands-on programs. As I balance the safety of staff and students with the desire to return to in-person learning, I also want to assure our community that I will be keeping a close eye on our financial obligations and our needs to complete the BHS/BTC ReEnvisioning project and be good stewards of taxpayer dollars. \n\n\nFor our staff and teachers, I know that many of you have concerns. Our Human Resources team is actively working with our insurance and benefits providers to explore what these results mean and how we can help and support you. Please expect more information from HR in the next few weeks. \n\n\nFinally, I want to thank you all - parents, students, staff, and our community for your patience and understanding through this process. I know this a lot of information and it is not what you were hoping or expecting to hear this week. I have previously shared a factsheet regarding PCBs and am including it again here. Our partners at the State are prepared to continue to answer questions about PCB exposure and District staff are prepared to continue to answer questions about the ReEnvisioning project, as well as online learning and curriculum. \n\n\nPlease stay in touch and stay engaged as we go through this process together. \n\n\nSincerely, \n\nTom \n\n--\nOffice of the Superintendent \| Burlington School District\n150 Colchester Avenue \| Burlington, VT 05401 \n(office) 802.864.8474 \| (fax) 802.864.8501 \| www.bsdvt.org\n\nFollow us on Facebook, Twitter, and Instagram @btvschools", 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/', 'iu8kqu', [['u/cesare980', 29, '2020-09-17 02:37', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j6gc3/', 'So can we like build a new high school now?', 'iu8kqu'], ['u/friedmpa', 15, '2020-09-17 02:47', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j7k8h/', 'so what happens when a ton of people have debilitating health effects for the next 50 years...', 'iu8kqu'], ['u/orangekrush19', 24, '2020-09-17 03:07', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j9m7r/', 'Burlington can’t catch a break in 2020...good lord. Feel bad for all of the students', 'iu8kqu'], ['u/psybient', 66, '2020-09-17 03:34', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5jcrfo/', "You can't just take Pit Money and spend it on something frivolous like schools smh", 'iu8kqu'], ['u/cesare980', 22, '2020-09-17 03:35', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5jcw6h/', 'I know that, I’m not a commie.', 'iu8kqu']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 17, 2020', 41, '2020-09-17 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/', 'iubzzn', [['u/freq-ee', 11, '2020-09-17 06:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/g5jx1ng/', "Investors never really care about what they are investing in. If they did, they would be bad investors.\n\nMost people buy stocks because they suspect the price will go up. They could care less what the reason is. If I buy a stock and then another company offers to buy the company, and makes the stock price shoot up, I'm fine with that. I could care less what the reason is. Obviously I try to predict the reasons, but I could care less what actually makes the stock price move the way that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The number of monthly users who earned T-Points , or loyalty points, for bitcoin ( BTC) payments on the bitFlyer exchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year. According to a bitFlyer report featured in a CoinDesk Japan article Thursday, the exchange did not specify the number of users of the service. But BTC was trading at 1.3 million Japanese yen ($12,400) in August for the first time in a year Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation. Kanemitsu also expects institutional investors to enter the Japanese bitcoin market. A bitFlyer survey conducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018. The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC. Users can also earn one T-point for every 500 yen (~$4.80) spent in BTC at participating member stores. Read more: Most New Customers at Japanese Exchange BitFlyer Are in Their 20s Related Stories On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year.\n• According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year\n• Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation.\n• Kanemitsu also expects institutional investors to enter the Japanese bitcoin market.\n• A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018.\n• The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC.\n• Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores.\nRead more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year.\n• According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year\n• Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation.\n• Kanemitsu also expects institutional investors to enter the Japanese bitcoin market.\n• A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018.\n• The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC.\n• Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores.\nRead more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse.\nFalling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9.\nSteering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red.\nThe near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Thursday.\nBinance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively.\nIt was a bullish day for the rest of the majors, however.\nEthereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way.\nCardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support.\nBitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%.\nAt the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin ABC was up by 0.26% to buck the trend early on.\nIt was a bearish start to the day for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.17% to lead the way down.\nBitcoin would need to move back through the $10,931 pivot level to support a run at the first major resistance level at $11,097.\nSupport from the broader market would be needed, however, for Bitcoin to breakout from Thursday’s high $11,069.2.\nBarring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,235 before any pullback.\nFailure to move back through the $10,931 pivot would bring the first major support level at $10,794 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level sits at $10,628.\nThisarticlewas originally posted on FX Empire\n• Economic Data and Geopolitics Put the Loonie and the Pound in the Spotlight\n• Nike Flying High Ahead Of Earnings\n• US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend\n• Delta Air Lines to Raise $9 billion Against SkyMiles Loyalty Program\n• Crude Oil Price Forecast – Crude Oil Markets Continue Recovering\n• US Stocks: Add IPOs to the List of Reasons for Current Volatility', 'Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse. Falling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9. Steering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Thursday. Binance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively. It was a bullish day for the rest of the majors, however. Ethereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way. Cardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support. Bitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin ABC was up by 0.26% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.17% Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $203,664,785,625 - Hash Rate: 142275247.6080696 - Transaction Count: 325157.0 - Unique Addresses: 687638.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Square said Tuesday that it made $875 million in bitcoin revenue via its Cash App service during the second quarter of 2020. The release which came a day early stemming from what Square called an "early external access of the company's quarterly financials" also notes that Cash App generated $17 million in bitcoin gross profit for the same period. Square's filing indicates total expenses related to its bitcoin offering as $858 million. "Cash App generated $875 million of bitcoin revenue and $17 million of bitcoin gross profit during the second quarter of 2020, up 600% and 711% year over year, respectively. Bitcoin revenue and gross profit benefited from an increase in bitcoin actives and growth in customer demand," Square said in its Q2 results report . By comparison, Square made $306 million in bitcoin revenue for Q1 and nearly $7 million in bitcoin gross profit for that period, as The Block previously reported . The chart below shows Square's bitcoin gross profits as a proportion of the company's overall gross profits. [caption id="attachment_74008" align="aligncenter" width="1891"] Source: Square Company Filings, The Block Research [/caption] In the new release, Square added some color about the Q2 results, noting the impact government programs tied to the coronavirus pandemic. Compared to June, we saw month-over-month increases in volume per transacting active Cash App customer across peer-to-peer payments, Cash Card, and bitcoin investing. We recognize this increase may be partially driven by government stimulus and unemployment benefits, which may not sustain at the same levels during the remainder of the third quarter," the report said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["NEW YORK, NY / ACCESSWIRE / September 18, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nCONTACT:Andre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 18, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nCONTACT:Andre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 18, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . CONTACT: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", 'Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2. It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move. Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0. Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0. Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day. Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $340.01bn. At the time of writing, the total market cap stood at $333.33bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.80%. This Morning At the time of writing, Bitcoin was up by 0.24% to $10,984.0. A bullish start to the day saw Bitcoin rise from an early morning low $10,957.0 to a high $10,995.8. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.85%), Cardano’s ADA (+0.25%), Monero’s XMR (+0.23%), and Tron’s TRX (+0.25%) joined Bitcoin in the green. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tezos was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,949 pivot level to support a run at the first major resistance level at $11,073. Support from the broader market would be needed, however, for Bitcoin to breakout from Friday’s high $11,064.0. Barring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,188 before any pullback. Failure to avoid a fall through the $10,949 pivot would bring the first major support level at $10,834 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $10,710 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets Biden Widens the Gap as Swing State Fence Sitters Take a Stand USD/CAD Daily Forecast – Flat Ahead Of The Weekend Natural Gas Weekly Price Forecast – Natural Gas Markets Break Down European Equities: A Week in Review – 18/09/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Recover for the Week', 'Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2. It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move. Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0. Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0. Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day. Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however. In the current Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $203,664,785,625 - Hash Rate: 128478859.9612265 - Transaction Count: 296357.0 - Unique Addresses: 624125.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers. Announced Wednesday, Toronto-based Coinberry has acquired a financial institution bond, a requirement for registration with its provincial securities regulator, the Ontario Securities Commission. The move is a concrete example of a generaltightening of regulationin Canada, particularly in the wake of theQuadriga debacle. Related:A New Attempt to Tokenize Real Estate Projects in Mexico and Canada “Every Canadian crypto user remembers Quadriga and the impact of that is still fresh in the back of their minds,” said Coinberry CEO Andrei Poliakov. “People still have to trust exchanges and platforms to use crypto and the investment on Coinberry’s part protects against the corrupt human element that has struck the personal finances of many Canadians.” Read more:Gerald Cotten: Mystery Man In the U.S., surety bonds of this type, which provide insurance in case of dishonest or fraudulent acts by employees, have been a requirement for crypto firms to be registered with FinCENfor some time. However, to qualify as a money service business in Canada with its version of FinCEN, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) – with which Coinberry is already registered – does not require a financial institution bond. Related:Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds In this respect, Poliakov believes “wholeheartedly” that Coinberry is the first crypto firm to go the extra mile. “We applied for registration with the OSC and we’ve been going through that process for quite some time,” said Poliakov. “One of the requirements was to have our financial statements publicly audited, by MNP in this case, and another requirement was to have a financial institution bond in place.” Read more:Canadian Municipality Set to Accept Bitcoin for Property Tax Payments Coinberry’s surety bond is underwritten by the Lloyd’s of London insurance market and the coverage limit is CAD$1,000,000 ($764,000) per claim/incident, said Poliakov. Neither Lloyd’s nor the OSC returned requests for comment by press time. There may well be other crypto firms in the process of going through the registration process with the OSC, Poliakov said, adding that a general clampdown when it comes to crypto compliance has seen Ontario regulators blocking firms that don’t play ball. Last week,BitMEX was blockedfrom serving Ontario-based customers. “I cannot speak to whether the others in Canada are in the process of getting this,” Poliakov said in a follow-up email. “I do know some platforms are not applying at all, while others (like BitMEX) have already received instructions from the OSC to cease operation in Ontario because they are not going the registration route.” • Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten • Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098. It was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move. Steering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0. Bitcoin broke through the first major resistance level at $11,073 before easing back. Coming up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Binance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%. This Morning At the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0 Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was another mixed start to the day Bitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on. It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215. Support from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0. Barring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback. Failure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus The Crypto Daily – Movers and Shakers – September 20th, 2020 Silver Weekly Price Forecast – Silver Markets Form Neutral Candlestick Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Weak Side of Resistance Area', 'Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098.\nIt was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move.\nSteering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0.\nBitcoin broke through the first major resistance level at $11,073 before easing back.\nComing up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels.\nFinding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels.\nThe near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nBinance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%.\nAt the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was another mixed start to the day\nBitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on.\nIt was a bearish start to the day for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 0.92% to lead the way down.\nBitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215.\nSupport from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0.\nBarring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback.\nFailure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus\n• The Crypto Daily – Movers and Shakers – September 20th, 2020\n• Silver Weekly Price Forecast – Silver Markets Form Neutral Candlestick\n• Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week\n• The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Weak Side of Resistance Area', 'Nils Petter Nilsson/Ombrello/Getty Images for The Sime Awards In the trailer for First Kid , the forgettable 1996 comedy about a Secret Service agent assigned to protect the president’s son, the title character, played by a teenage Brock Pierce, describes himself as “definitely the most powerful kid in the universe.” Now, the former child star is running to be the most powerful man in the world, as an Independent candidate for President of the United States. Before First Kid , the Minnesota-born actor secured roles in a series of PG-rated comedies, playing a young Emilio Estevez in The Mighty Ducks , before graduating to smaller parts in movies like Problem Child 3: Junior in Love . When his screen time shrunk, Pierce retired from acting for a real executive role: co-founding the video production start-up Digital Entertainment Network (DEN) alongside businessman Marc Collins-Rector. At age 17, Pierce served as its vice president, taking in a base salary of $250,000. DEN became “the poster child for dot-com excesses,” raising more than $60 million in seed investments and plotting a $75 million IPO. But it turned into a shorthand for something else when, in October of 1999, the three co-founders suddenly resigned. That month, a New Jersey man filed a lawsuit alleging Collins-Rector had molested him for three years beginning when he was 13 years old. The following summer, three teens filed a sexual-abuse lawsuit against Pierce, Collins-Rector, and their third co-founder, Chad Shackley. The plaintiffs later dropped their case against Pierce (he made a payment of $21,600 to one of their lawyers) and Shackley. But after a federal grand jury indicted Collins-Rector on criminal charges in 2000, the DEN founders left the country. When Interpol arrested them in 2002, they said they had confiscated “guns, machetes, and child pornography” from the trio’s beach villa in Spain. While abroad, Pierce had pivoted to a new venture: Internet Gaming Entertainment, which sold virtual accessories in multiplayer online role-playing games to those desperate to pay, as one Wired reporter put it, “as much as $1,800 for an eight-piece suit of Skyshatter chain mail” rather than earn it in the games themselves. In 2005, a 25-year-old Pierce hired then-Goldman Sachs banker Steve Bannon—just before he would co-found Breitbart News. Two years later, after a World of Warcraft player sued the company for “ diminishing ” the fun of the game, Steve Bannon replaced Pierce as CEO. Story continues The ‘Varsity Blues’ Screenwriter’s Cold-Blooded Crusade Against L.A.’s Homeless Collins-Rector eventually pleaded guilty to eight charges of child enticement and registered as a sex offender. In the years that followed, Pierce waded into the gonzo economy of cryptocurrencies, where he overlapped more than once with Jeffrey Epstein, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,249,628,131 - Hash Rate: 135165071.8298032 - Transaction Count: 259095.0 - Unique Addresses: 535691.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones. In an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts. Forty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded. Read more: Twitter’s Security Woes Included Broad Access to User Accounts Bloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt to gain access to user-support tools. The company required employees to take an online security training course last week, which covered a number of phishing techniques including phone calls, people familiar with the matter said. The company continues to operate with “significantly limited access” to its internal tools and systems as a precautionary measure two weeks after the hack, the company said. “Until we can safely resume normal operations, our response times to some support needs and reports will be slower,” the company said in a series of update tweets. “We’re accelerating several of our pre-existing security workstreams and improvements to our tools.” As the U.S. president’s go-to social media platform, Twitter bears additional responsibility for ensuring that its security protocols are robust. While Donald Trump’s account was not among those compromised in the July hack, his Democratic opponent in the upcoming November election, former vice president Joe Biden, was. Twitter’s latest communication acknowledges “how important each person on our team is in protecting our service. We take that responsibility seriously and everyone at Twitter is committed to keeping your information safe.” For more articles like this, please visit us atbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Sunday, September 20, 2020', 37, '2020-09-20 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/', 'iw70q5', [['u/TheHighFlyer', 14, '2020-09-20 09:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5y1cda/', 'Desparate bear. These times are gone in this cycle.\n\nYou go better get some salmon', 'iw70q5'], ['u/Kheran', 11, '2020-09-20 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5yb35e/', 'Molesteum (KID) 🤔', 'iw70q5'], ['u/diydude2', 23, '2020-09-20 16:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5zdxmf/', "We've been over 10K for almost two months, the longest such streak since Dec. 2017-Jan. 2018. There's no reason to think we're going to be falling under 10K ever again as it appears to be a floor rather than a ceiling now.\n\nThis is looking more and more like late 2016. Halvening math is real.", 'iw70q5'], ['u/bringing_back_thebit', 13, '2020-09-20 18:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5ztu3m/', "Does this theory hold up?\n\nBtc used to be correlated to the stock market. However let's say it's now correlated to the dollar (DXY) but inversely. So....S&P goes down, which means more people are selling their stocks which in turn means more actual dollars in circulating supply. The M2 graph showing the velocity of money, currently at an all time low, starts ticking upwards. This in turn means the value of the dollar (DXY) starts falling as more fiat in circulation now, which in turn has in increase in the price of btc. Therefore maybe a downturn in the S&P is actually good for bitcoin, not bad.\n\nBut what do I know. I'm just a sax player from England.", 'iw70q5'], ['u/diydude2', 12, '2020-09-20 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5zz9d7/', "Shorty can't even pull off his signature Sunday Morning Sucker Punch Dump anymore. Bull market confirmed.\n\nMy guess is maybe we bounce off 10.8 a few more times, then head up bigly.", 'iw70q5']]], ['u/MakerOfMillionaires', '[Draw #58] We have our comments, and soon we’ll have our winner!', 425, '2020-09-20 08:29', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/', "#Alright.\n\n*\n\nTL;DR - This post is for the sole purpose of choosing a winner. If you commented in this [[Drawing Thread]](https://old.reddit.com/r/millionairemakers/comments/ivgnwd/drawing_thread_58_septembers_here_and_with_it/), you are entered in the drawing and don't need to do anything else. By 16:00 UTC, the winner will be selected. The Bitcoin (BTC) blockchain will be used to pick this winner. This can be verified at any device running Python 3.5, and you do not need to own Bitcoin in order to participate.\n\nAdditionally, all information to replicate the Drawing at home is available on Dropbox and GitHub, scroll down for more information.\n\nImportantly, this post WILL NOT BE EDITED in order to keep the integrity of the Drawing. To verify this, there will not be an asterisk during the time passed since its creation. The winner will be announced in a stickied comment.\n\n\n\nDISCLAIMER:* Some of the information may be unrevised, but procedures are the same as prior draws. Thank you.\n\n*\n\nOff Topic:\n\nThe [Discussion] Thread at /r/millionairemakersmeta is open. All comments are welcome there for any inquiries.\n\n[Discussion for Fall and Winter 2020-2021]: https://old.reddit.com/r/millionairemakersmeta/comments/iw8mse/_/\n\n\n\nExplanation!\n\nThe Bitcoin (BTC) blockchain will be used to choose a winner. Once the time listed has passed, there will be an active check to determine the blockchain's winning hash. Like before, this subreddit will wait for the 3^rd Block* after the time (being 16:00 UTC) to select the winner.\n\nIf a block is discovered by 15:59 UTC, it will not be counted towards the counter of three blocks. If it's discovered by 16:00:00 UTC, then it will decrease the counter. This can be checked by seeing the timestamp given to it by blockchain explorers.\n\nYou are able to see how this subreddit will verify the winner by checking the GitHub repository, which also includes a back-up plan in case of an emergency.\n\n*\n\nStandard Protocol:*\n\nThis post will not be edited!* This is to prevent tampering of the hash or files by any of the moderators. To prove this, look for the lack of an asterisk near the time since creation.\n\nTo verify if a hash for a file is that of Draw #58, upload the file of choice to a SHA-256 generator, and match it with its respective hash output. The result you receive should be the same as what is listed here.\n\nIf you are interested in doing this for yourself, download Python 3.5 or better and follow the path to the folder labeled: MM58\n\n*\n\nStatus Reports:\n\nI will be commenting on the progress of the drawing via the comments, so other users can keep track of the progress. These comments will be pinned at the top of the post and be distinguished. Most likely, after 1:00 PM ET, the pinned comment will be announcing the winner.\n\nIf you can run Python yourself and follow the instructions, you will be able to find the winner. Make sure the hash released from the blockchain and the total number of participants match with what is described below. In addition, thank you for your patience.\n\n\n\nInformation Used For Draw #58:\n\n GitHub Repository: https://github.com/lilfruini/CommentGathering-MillionaireMakers/tree/master/MM58\n\n SHA-256 of Comment IDs: 965c2c672cdcb28ac73f5bd866fc32403b8c7c8c94ffbb5c7e7ab93dccae8b58\n SHA-256 of Authors: 62f3f887c55f6b6cffa3c3031c7a29ab25da8a653b327f4367ca914d92c8d866\n SHA-256 of DQed Age: a05064a8c85ee95f48a4ac9f8f5b5562005a7dd9057bc8fa72bb7c3bfb785d08\n SHA-256 of Multiple Posters: 1972757669a1deea8c21f97b2eed5bd191e75eb31b0cef24428ab4f1eede8649\n SHA-256 of Truncated IDs: 1d66d36bb98ed5a8547209b2270bd72caa6d61276469aeb336cd64f628e5dcdc\n\n Block Selection: The Third Bitcoin Block After 20 September 2020 - 16:00:00 UTC\n Total Participants: 7,468", 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/', 'iw8pvc', [['u/Aequinoxium', 15, '2020-09-20 08:33', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xwajs/', 'Good luck to all!', 'iw8pvc'], ['u/Iblaka', 10, '2020-09-20 08:34', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xwcft/', 'Good luck guys!', 'iw8pvc'], ['u/FewWill', 13, '2020-09-20 08:44', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xxeh8/', 'Comment 13. Good luck?', 'iw8pvc'], ['u/YeahTinyRuck', 16, '2020-09-20 09:01', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xzf3p/', "Good luck y'all. I hope whoever wins has a better year than most of us are having. I hope it helps.", 'iw8pvc'], ['u/AskMeAboutMyMom', 16, '2020-09-20 09:07', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5y0emw/', 'I’m gonna put my money on me not winning 😂', 'iw8pvc'], ['u/elle-mnop', 40, '2020-09-20 09:24', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5y2tmr/', 'Good luck everyone!!', 'iw8pvc'], ['u/ChandlerMc', 16, '2020-09-20 14:22', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5yweeg/', 'Hey! Hope you and your students greatly benefitted from your win. Did you tell them about us reddit weirdos? What was your final total?', 'iw8pvc'], ['u/lbaumbe', 45, '2020-09-20 20:36', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g60fhj5/', 'Oh my god I can’t believe this!!! Thank you everyone!!', 'iw8pvc']]], ['u/rBitcoinMod', 'Daily Discussion, September 20, 2020', 24, '2020-09-20 09:00', 'https://www.reddit.com/r/Bitcoin/comments/iw925w/daily_discussion_september_20_2020/', "Please utilize this sticky thread for all general Bitcoin* discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thre... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5. It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0. Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803. Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish end to the week. Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively. Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind. Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses. It was a mixed week for the crypto majors, however. Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week. It was a bearish week for the rest of the pack. Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down. Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red. In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%. Story continues This Morning At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses. It was a relatively bullish day for the rest of the pack, however. At the time of writing, Tron’s TRX was up by 0.62% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback. Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus Geopolitics Keeps the Pound and the Dollar in Focus, with Lagarde to Test the EUR Later Oil Price Fundamental Weekly Forecast – Bearish Demand Outlook Should Outweigh Hurricane-led Production Issues U.S Mortgage Rates Hold Steady thanks to the Dovish FED Natural Gas Price Fundamental Weekly Forecast – Next Major Move Hinges Upon LNG Demand Ericsson to Buy U.S. Networking Company Cradlepoint for $1.1 Billion; Target Price SEK 110', 'Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5. It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0. Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803. Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish end to the week. Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively. Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind. Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses. It was a mixed week for the crypto majors, however. Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week. It was a bearish week for the rest of the pack. Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down. Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red. In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%. Story continues This Morning At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses. It was a relatively bullish day for the rest of the pack, however. At the time of writing, Tron’s TRX was up by 0.62% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback. Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus Geopolitics Keeps the Pound and the Dollar in Focus, with Lagarde to Test the EUR Later Oil Price Fundamental Weekly Forecast – Bearish Demand Outlook Should Outweigh Hurricane-led Production Issues U.S Mortgage Rates Hold Steady thanks to the Dovish FED Natural Gas Price Fundamental Weekly Forecast – Next Major Move Hinges Upon LNG Demand Ericsson to Buy U.S. Networking Company Cradlepoint for $1.1 Billion; Target Price SEK 110', 'ECB President Lagarde Speaks\nEurozone Flash Consumer Confidence\nGfK German Consumer Climate (Oct)\nSpanish GDP (QoQ) (Q2)\nFrench Manufacturing PMI (Sep) Prelim\nFrench Services PMI (Sep) Prelim\nGerman Manufacturing PMI (Sep) Prelim\nGerman Services PMI (Sep) Prelim\nEurozone Manufacturing PMI (Sep) Prelim\nEurozone Markit Composite PMI (Sep) Prelim\nEurozone Services PMI (Sep) Prelim\nGerman IFO Business Climate Index (Sep)\nIt was a bearish end to the week for the European majors on Friday. The CAC40 slid by 1.22%, with the DAX30 and EuroStoxx600 ending the day with losses of 0.70% and 0.66% respectively.\nA fresh spike in new COVID-19 cases across EU member states weighed on the European majors on the day.\nAhead of the European session, the WHO had warned of a “very serious situation” developing in Europe. In a bid to revive consumption and tourism, governments have been active in reopening the respective economies.\nWith a reliance on consumption to deliver an economic recovery, the latest spikes raise the chances of fresh lockdown measures.\nAdding further pressures on the majors at the end of the week were Brexit and U.S – China tensions.\nIt was yet another quiet day on theEurozone economic calendar. Key stats included August wholesale inflation figures from Germany.\nGermany’s producer price index stalled in August, after having risen by 0.20% in July. Whilst beating forecasts of a 0.1% decline, market jitters over deflationary pressures tested the majors going into the European open.\nWith stats on the lighter side, there was little to distract the markets from the latest U.S-China spat, Brexit, and COVID-19, however.\nKey stats included prelim September consumer sentiment and expectations figures.\nWhile both stats were skewed to the positive, both indicators remained well below pre-pandemic levels.\nIn September, the Michigan Consumer Sentiment Index rose from 74.1 to 78.9, according to prelim figures. While coming in ahead of a forecasted 75.0, the indicator had stood at 101.0 for January.\nFor the DAX:It was a bearish day for the auto sector on Friday.ContinentalandVolkswagenslid by 3.97% and by 3.52% respectively.BMWandDaimlersa Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,249,628,131 - Hash Rate: 139219832.7594406 - Transaction Count: 297605.0 - Unique Addresses: 644695.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year. • According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year • Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation. • Kanemitsu also expects institutional investors to enter the Japanese bitcoin market. • A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018. • The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC. • Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores. Read more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 agency that oversees banks issued a letter on Monday that gives financial institutions a green light to hold reserves to support so-calledstablecoins—digital currencies similar to Bitcoin that are backed on a one-to-one basis by real-world money.\nWhile stablecoins have existed for years, their popularity has soared in recent months both in cryptocurrency circles and among businesses that have embraced them as an efficient way to settle international transactions.\nInits letter, the Office of the Comptroller of the Currency (OCC) stated that U.S. banks can lawfully hold the fiat currency reserves of companies that issue stablecoins, provided those firms comply with federal banking laws.\nAccording to Jeremy Allaire, the CEO of cryptocurrency firm Circle—which has issued a stablecoin called USDC alongside crypto giant Coinbase—the letter will provide legal cover for tech and finance companies that are experimenting with stablecoins.\nAllaire pointed in particular toFacebook, which is backing a consortiumcalled Librathat plans to issue a global digital currency that will be backed by U.S. dollars or by a basket of major currencies. Allaire also suggested that companies like Square, whose CEO has expressedstrong supportfor cryptocurrency, are likely to make stablecoins part of their operations in 2021.\nA spokesperson for Libra declined to comment on the OCC news. Square did not immediately reply to a request for comment.\nThe OCC letter is not transformative in that some U.S. banks already hold stablecoin reserves. These includeU.S. Bancorp, which holds more than $2 billion of reserves that back the USDC stablecoin.\nAllaire, though, says the letter will provide assurance to other banks—some of whom remain skittish about cryptocurrency ventures. He says that as stablecoin use expands and more companies seek to issue their own stablecoins, the presence of additional banks will be essential.\nIn its letter, the OCC qualified its support for stablecoins by noting that it applied only to ventures that comply with regulations such as know-your-customer laws, and which permit regular audits of their reserves. This would seem to exclude exotic stablecoins like Dai that are supported in part by algorithms, as well as Tether. The latter is the most popular stablecoin project, but it has been dogged by complaints about its lack of transparency.\nThe OCC’s pronouncement on stablecoins comes two months after the regulatoropened the doorfor banks to store cryptocurrencies like Bitcoin on their customers’ behalf.\n• Meet Snowflake,one of the buzziest tech IPOs ever\n• Book recommendationsfrom Fortune’s 40 under 40 in finance\n• Commentary: Why the Democratic Party mustmake a clean break with Wall Street\n• ADP, the biggest U.S. payroll service,won’t implement Trump’s “tax holiday”for some clients\n• Fortune’s 202040 Under 40\nThis story was originally featured onFortune.com', 'The federal agency that oversees banks issued a letter on Monday that gives financial institutions a green light to hold reserves to support so-called stablecoins —digital currencies similar to Bitcoin that are backed on a one-to-one basis by real-world money. While stablecoins have existed for years, their popularity has soared in recent months both in cryptocurrency circles and among businesses that have embraced them as an efficient way to settle international transactions. In its letter , the Office of the Comptroller of the Currency (OCC) stated that U.S. banks can lawfully hold the fiat currency reserves of companies that issue stablecoins, provided those firms comply with federal banking laws. According to Jeremy Allaire, the CEO of cryptocurrency firm Circle—which has issued a stablecoin called USDC alongside crypto giant Coinbase—the letter will provide legal cover for tech and finance companies that are experimenting with stablecoins. Allaire pointed in particular to Facebook , which is backing a consortium called Libra that plans to issue a global digital currency that will be backed by U.S. dollars or by a basket of major currencies. Allaire also suggested that companies like Square, whose CEO has expressed strong support for cryptocurrency, are likely to make stablecoins part of their operations in 2021. A spokesperson for Libra declined to comment on the OCC news. Square did not immediately reply to a request for comment. The OCC letter is not transformative in that some U.S. banks already hold stablecoin reserves. These include U.S. Bancorp , which holds more than $2 billion of reserves that back the USDC stablecoin. Allaire, though, says the letter will provide assurance to other banks—some of whom remain skittish about cryptocurrency ventures. He says that as stablecoin use expands and more companies seek to issue their own stablecoins, the presence of additional banks will be essential. In its letter, the OCC qualified its support for stablecoins by noting that it applied only to ventures that comply with regulations such as know-your-customer laws, and which permit regular audits of their reserves. This would seem to exclude exotic stablecoins like Dai that are supported in part by algorithms, as well as Tether. The latter is the most popular stablecoin project, but it has been dogged by complaints about its lack of transparency. The OCC’s pronouncement on stablecoins comes two months after the regulator opened the door for banks to store cryptocurrencies like Bitcoin on their customers’ behalf. Story continues More must-read finance coverage from Fortune : Meet Snowflake, one of the buzziest tech IPOs ever Book recommendations from Fortune’s 40 under 40 in finance Commentary: Why the Democratic Party must make a clean break with Wall Street ADP, the biggest U.S. payroll service, won’t implement Trump’s “tax holiday” for some clients Fortune’s 2020 40 Under 40 This story was originally featured on Fortune.com View comments', 'YuanPay Group YuanPay Group YuanPay Group LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Recently, YuanPay Group has released the research report on Digital Yuan, China\'s Central Bank Digital Currency (CBDC). Digital Yuan is the newest addition to the global digital currency portfolio. It\'s the first currency of its kind that is fully backed and sponsored by a large nation and investors are betting on it skyrocketing. Independent Research Group interviewed over 7,650 investors in the UK and Ireland and found that over 92% considered investing in Digital Yuan and 76% have already invested or are preparing to invest within the next two weeks. With the current financial markets in turmoil, many high-return seeking individuals are turning towards digital currencies. However, none has performed as well as Digital Yuan returning investors 10-times their money in September alone. "With the official government backing, there is little downside risk and the current market conditions are perfect for investment. Major stock indices are down and many of us are turning towards Digital Yuan to get unprecedented returns. This is our chance to invest early and not miss another bitcoin-like opportunity" \x96 a senior hedge fund trader who wished to stay anonymous commented in an interview. "It\'s really impossible to resist this investment opportunity. It\'s the first country-backed digital currency. China is producing a new billionaire every week with its red-hot markets. It has a lot of capital and liquidity so it\'s not a chance to look over" \x96 says Michael Jewles, a famous day-trader and venture capitalist. Bitcoin has gone from less than 0.002$ to 17,000$ which would make a $100 investment now worth $5M. It\'s easy to see why everyone is eager to get on this opportunity. Additionally, Digital Yuan may provide a solution for Chinese long-standing bad debt problem. The country currently has 2.4 trillion yuan ($341 billion) of officially recognized bad debt due to the illegal yet popular practice of obtaining multiple loans pledging the same collateral. Wide adoption in the Chinese economy of the Digital Yuan would drive its value even higher. Story continues "Using smart contracts provided by the Digital Yuan currency, the government of China will be able to track assets and liabilities and to ensure that multiple loans are not taken over the same collateral", says a senior blockchain researcher J. Rothers. The circulation of the currency is controlled by the state any trading can only be performed via authorized brokers. Many investors have been searching for high-potential stocks after the recent pandemic-related crash and this could prove the opportunity of a lifetime for many. Digital Yuan may not only solve China\'s long-standing problems but allow many middle-class individuals to move up the financial ladder through a secure investment strategy. About YuanPay Group LLC YuanPay Group is a leading crypto management and wallet organization. YuanPay Group was created in 2010 and since then they\x92ve been working with banks and other organizations to legalize crypto trading in China and develop relations with external investors. Media contact Company: YuanPay Group LLC Contact Person: Julia König, Media Representative Company Email: [email protected] Website: https://yuanpaygroup.com/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/892de615-a336-488f-9a1c-284120ba54a8', 'YuanPay Group YuanPay Group YuanPay Group LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Recently, YuanPay Group has released the research report on Digital Yuan, China\'s Central Bank Digital Currency (CBDC). Digital Yuan is the newest addition to the global digital currency portfolio. It\'s the first currency of its kind that is fully backed and sponsored by a large nation and investors are betting on it skyrocketing. Independent Research Group interviewed over 7,650 investors in the UK and Ireland and found that over 92% considered investing in Digital Yuan and 76% have already inv Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,249,628,131 - Hash Rate: 123857644.31701957 - Transaction Count: 312989.0 - Unique Addresses: 678668.0 Social & AI Sentiment: - Fear & Greed Index: 0.39 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byCrypto.com,BitstampandNexo.io. Related:Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit This week’s episode of Long Reads Sunday is areading of the latest essayfrom Tyler and Cameron Winklevoss. The essay looks systematically at the problems of the slate of current store-of-value assets, including the U.S. dollar, oil and gold. The brothers argue why those assets have, or are starting to have, value in their safe haven function, whilebitcoinis on the rise. See also:Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold? Related:Bitcoin News Roundup for Aug. 31, 2020 Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • The Case for $500,000 Bitcoin • The Case for $500,000 Bitcoin... - Reddit Posts (Sample): [['u/smedsterwho', 'Just for discussion: what percentage of your net worth is in cryptocurrency?', 23, '2020-09-22 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/', 'Sitting there today, looking at the dip, and thinking "is there any coin you want to buy currently?" I started to look in earnest how much of my "net worth" is in crypto, and whether it\'s a comfortable amount (spoiler: it is).\n\nI\'m 37, with about $40,000 (Australian dollaridoos) to my name. No mortgage or assets, basically I pays my rent and my bills, and my salary comes in each month.\n\nProbably getting used to the idea I won\'t be able to get on the property ladder.\n\nAnyway, I pondered this today. I have about $11k in Cryptos (probably half in bitcoin, and the rest scattered around altcoins where I believe the technology is good), which makes it about 25% of my savings.\n\nThat\'s probably right by me. It\'s below the threshold "I could afford to lose", and below the threshold I might need to convert it to Fiat out of need or emergency.\n\nFrankly, I figure it\'s the comfortable level, for the money I have. I exited the stock market in June (sorry Buffet, although I\'m sure my small contributions did not send shockwaves through the economy), and other than adding a small amount ($100) each week, I don\'t think it\'s the right time to invest that way.\n\nAs I said, no mortgage or appreciable asset to my name. Or kids!\n\nAnd so the rest (let\'s call it $25,000) is in my bank account earning 1%. (Edit: This is only a temporary affair after pulling out of stocks, and deciding where to go next as the world wobbles).\n\nAnyway, that\'s my story, and I\'ve decided I\'m comfortable with 25% (no more) of my savings in crypto - again largely because there\'s no compelling alternatives, and bank interest is very bland.\n\nI wouldn\'t go much higher, but I am fairly comfortable to have moved that amount over in the last two years, and on the whole it\'s appreciated as a store of value by about (napkin maths) 10%.\n\nJust curious on other people\'s thoughts?', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/', 'ixc9zf', [['u/phyx1u5', 13, '2020-09-22 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/g65wxe1/', "I'm in a similar situation, no debts etc. but I'm putting about 50% into crypto, 25% in savings, and living off the remaining 25%.\n\nmy goal is to get into property should the crypto scene moon to my targets. Over all I'm very bullish on cryptos, but wouldn't be too devastated if it all went tits up.", 'ixc9zf'], ['u/dwin31', 19, '2020-09-22 05:42', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/g66kkx1/', 'Depends on if you were asking today or last week? 🤣😔', 'ixc9zf']]], ['u/ZeusFinder', 'Bitcoin makes me feel like I’m in the resistance.', 128, '2020-09-22 04:55', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/', 'I often see things like the 1% owns over 50% of the wealth or that 10 companies own and manage all of the food companies and the latest news about banks doing dirty work, again. Bitcoin makes me feel like I’m able to fight the system. It’s my protest. I don’t have to hold the money that has only made people suffer due to the government diluting our dollars. Instead I can be a part of the resistance and manage my own bank, that’s capable of getting more than the insulting .01% interest on my money.', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/', 'ixf9f8', [['u/etmetm', 21, '2020-09-22 08:22', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g66wb5i/', 'Yes, you are. Welcome to the show.', 'ixf9f8'], ['u/Claimintru', 16, '2020-09-22 09:15', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g66zily/', "Here's the thing, if you were a loser in the old system. You're gonna be a loser in the new system. A fresh start, new thing etc doesn't change who you are. It just gives you false hope because you're in denial", 'ixf9f8'], ['u/brandansmite', 11, '2020-09-22 10:18', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g672ua1/', ".5% of all BTC addresses hold 85% ish of all BTC. If you didn't get btc early you're not getting a lot unless you're a millionaire already.", 'ixf9f8'], ['u/sroose', 22, '2020-09-22 12:46', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g67a8jb/', "I don't think that's the case necessarily. Tons of high-value holdings have been lost. Lots of high-value addresses are from companies/holdings that represent multiple users.\n\nAlso the nature of Bitcoin makes it more difficult to make money from money than the traditional financial system does. So those very few ultra-rich Bitcoiners will eventually have to spend their money over the course of several generations. Yes they'll be filthy rich, but no they won't have an easy time extracting money from the rest of the economy to maintain their position.\n\nAlso, Bitcoin is young. The distribution will change before we have any meaningful influence over the world. I'm sure some of the large holders are good-hearted people that will do good things with their money. For the others, I suppose they'll also want to enjoy their own life instead of giving it all to their kids. So I suppose they'll also be spending a bunch over the course of the next 40 years or so.", 'ixf9f8'], ['u/ManyArtichoke', 10, '2020-09-22 14:47', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g67isgc/', "Bitcoin does have the potential to help close the huge generational wealth gap that exists in the US. Millenials only own 3% of the nation's wealth, compared to 25% for boomers when they were at this age. \n\nBoomers are basically hoarding all of the nation's wealth and refusing to pass it down via higher wages. Instead we have massive price inflation for education, healthcare, and housing, and stagnant wages that guarantee a lifetime of debt and wage slavery. \n\nBitcoin has the power to distribute more of the wealth to millenials, who buy Bitcoin at a much higher rate than boomers.", 'ixf9f8']]], ['u/aaron0791', 'Ltc vs btc or eth', 58, '2020-09-22 05:14', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/', "I just sent $1000 Mexican pesos in eth from bitso to my eth wallet and the network fee was $36 pesos (like $1.5usd). Then I sent $1000 pesos in ltc and I paid $0.01 pesos.\n\nI don't care what the maximalists say. Litecoin beats bitcoin and ethereum. And it is my coin of choice.", 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/', 'ixfjds', [['u/jorge22f', 21, '2020-09-22 07:57', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/g66uqgs/', "It's definitely the best coin to use for transactions", 'ixfjds'], ['u/Thor010', 12, '2020-09-22 08:25', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/g66whbk/', 'Long life LTC !', 'ixfjds']]], ['u/quiettimes', 'withdrwal pending for six days', 11, '2020-09-22 05:18', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/', "So, I tried to get some BTC out of my account and it has just been pending for days. \n\nI've written to support about it and they were responsive but now seem to just ignore me. They just said they were looking into it. Is there anywhere I can go/anyone to reach out to who could potentially help me? \n\nI've been able to do withdrawals since, but that one just stays pending. \n\n&#x200B;\n\nThanks.", 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/', 'ixflmr', [['u/scoobysi', 10, '2020-09-22 07:28', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/g66ssw0/', 'Nice fud. Utter bs though. Prove it or close thy cake hole', 'ixflmr'], ['u/mtj89', 11, '2020-09-22 07:36', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/g66tbde/', '“On a serious note” lol', 'ixflmr']]], ['u/Zectro', "u/deadbeat1000 totally saw the denial of Craig's Motion for Summary Judgment coming", 13, '2020-09-22 05:20', 'https://www.reddit.com/r/bsv/comments/ixfms9/udeadbeat1000_totally_saw_the_denial_of_craigs/', 'In this post I\'m going to go through a selections of quotations from our dear friend u/deadbeat1000 on this score:\n\nFirst his most recent one where he echoes the rationalisation in the latest Coingeek article on this [and says](https://np.reddit.com/r/bitcoincashSV/comments/ix9ido/court_rejects_wright_applications_for_summary/g65dslg/):\n\n>This really comes as no surprise.\n\nSo clearly he saw this coming, right? He didn\'t make a bunch of comments several months back where he seemed certain Craig was going to win this motion? Let\'s find out.\n\n[This quote doesn\'t look good](https://www.reddit.com/r/bitcoincashSV/comments/hyxeaf/exclusive_craig_wrights_exwife_filing_puts/fzg1e15/) (my emphasis added):\n\n>W&K was formed by CSW\'s wife, Lynn Wright and Dave in order to enable them to bid on government contracts having nothing to do with mining Bitcoin. And W&K was formed not at a "partnership" but as a Limited Liability Corporation (LLC).\n\n>Therefore, it really should be about shares in a corporation and a corporate structure not an assumed "50:50" partnership. In a corporation there are voting rights and thus before Ira could sue CSW on behalf of W&K, there would have to be a vote by the shareholders. In this case Lynn & Ira as CSW relinquished his stake in the company during his divorce. In other wo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move. Steering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0. Falling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels. The near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Tuesday. Binance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way. Bitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains. Chainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however. At the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%. This Morning At the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Ethereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 1.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597. Barring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however. Failure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288. This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Weakens as RBA Considers Various Policy Options AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ May Be Preparing to Move on Negative OCR Silver Price Forecast – Silver Markets Show Signs of Stability USD/JPY Fundamental Daily Forecast – Hawkish Comments From Fed’s Evans Spook Dollar Bears E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Traders Respecting 26714 – 26162 Economic Data, the FED Chair, COVID-19, and Brexit in Focus', 'Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move.\nSteering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0.\nFalling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels.\nThe near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Tuesday.\nBinance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way.\nBitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains.\nChainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however.\nAt the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn.\nBitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%.\nAt the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nEthereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 1.01% to lead the way.\nBitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however.\nFailure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Weakens as RBA Considers Various Policy Options\n• AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ May Be Preparing to Move on Negative OCR\n• Silver Price Forecast – Silver Markets Show Signs of Stability\n• USD/JPY Fundamental Daily Forecast – Hawkish Comments From Fed’s Evans Spook Dollar Bears\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Traders Respecting 26714 – 26162\n• Economic Data, the FED Chair, COVID-19, and Brexit in Focus', 'In this article we will take a closer look at the 10 best cryptocurrency exchanges in 2020. Click to skip ahead and see thetop 3 cryptocurrency exchanges of 2020.\nThe last decade has been a great one for Bitcoin and other cryptocurrencies in general. Aside from witnessing the launch of over three thousand new cryptocurrencies, we have also seen an unprecedented increase in the value of these cryptos.\nThe launch of cryptocurrencies, in general, has led to the development of a plethora of other service apps and companies. One of these service apps is "Cryptocurrency Exchanges". Basically, cryptocurrency exchanges are platforms or third-party applications that allow potential crypto investors to either buy, sell, or trade their cryptocurrencies. This exchange could either be from crypto to crypto or from fiat to crypto.\nPixabay/Public Domain\nWith an increasing number of these crypto exchanges being developed today, most potential crypto investors have had trouble picking out the best exchange to make use of. This is why we have taken it upon ourselves to make a list of some of the best cryptocurrency and Bitcoin exchanges of 2020. Bear in mind that this list has been compiled after extensive research and is based on a number of criteria that include but are definitely not limited to the following;\n• Trading volume\n• The transaction speed\n• The transaction fees charged\n• Number of supported coins\n• Multiple payment methods\nIn our rankings below for the 10 best cryptocurrency exchanges of 2020, each cryptocurrency exchange we listed scores for each criterion and then calculated the total score. That’s why there is a little bit subjectivity in our rankings. If you don’t agree with some of the scores, please leave a comment at the bottom of this article. Here are thebest cryptocurrency exchanges of 2020:\nTrading Volume: 2\nTransaction Speed: 5\nTransaction Fees: 5\nSupported Coins: 5\nPayment Methods: 1\nTotal Score: 18\nDesigned with a modern outlook and backed by a secure platform, this Hong Kong-based exchange is known for distributing 50% of the total revenue received to holders of KuCoin Shares - the native coin of the platform.\nKuCoin supports the trading of over 70 cryptocurrencies and this makes it one of the very best. With a trading volume of $53.6 million, KuCoin charges low transaction fees.\nCopyright: Elnur / 123RF Stock Photo\nTrading Volume: 3\nTransaction Speed: 6\nTransaction Fees: 4\nSupported Coins: 3\nPayment Methods: 2\nTotal Score: 18\nWith its headquarters located in Slovenia and branches in other parts of the world, BitStamp has cemented its place as one of the best exchanges because of its low transaction fee principle. For international transfers and withdrawals, BitStamp charges 0.05% and 0.09% respectively.\nBitStamp supports the purchase of cryptos through a number of payment options and this makes it one of the best. Additionally, it supports the trading, buying, and selling of over 10 different cryptos. BitStamp has been designed to be easy to use, which makes it one of the best exchanges for beginners.\nWith a trading volume of $89.1 million, there is still more room for improvement in the years to come.\nPixabay/Public Domain\nTrading Volume: 2.5\nTransaction Speed: 6\nTransaction Fees: 4\nSupported Coins: 7\nPayment Methods: 3\nTotal Score: 22.5\nBased in the United States and with the security of co Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,586,160,669 - Hash Rate: 136339422.42648664 - Transaction Count: 349938.0 - Unique Addresses: 733591.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The following is a contributed article from a content partner of Benzinga Discussions surrounding cryptocurrency payment platforms have captured the attention of investors worldwide, specifically on whether digital currencies are useful in the retail sector. For instance, the growth and widespread adoption of stable-coins has nudged 20,000 merchants to accept crypto payments. The list of parties interested in crypto-transactions, however, is not merely limited to small businesses; we have seen that corporations like Microsoft, Overstock, Namecheap, Starbucks, Whole Foods, CheapAir, Travala, and Expedia have all shifted their attention. The $250 Billion crypto payment market, though broad, can be best understood by examining three major categories: P2P Retail Payments, Crypto Custody, and Merchant Plugin and Gateways. Squares Cash App - A Leader In P2P Crypto Retail Payments Since January, the stock market value of Square, Inc. (NYSE: SQ ) has risen in value by 148%; last year alone, the stock grew by 137%. As claimed by analysts, one should anticipate that if Squares Cash App continues to perform, its SQ stock price could increase by 400% within 4 to 5 years, matching the capitalization of companies like PayPal. Undoubtedly, the firm has garnered the interest of investors. Most importantly, however, it has demonstrated an ability to generate profit, as evidenced by its Q2 earnings report for 2020, which revealed that Cash Apps gross profit grew by 167%, totalling to $281 million. One explanation for CashApps popularity may be attributed to Bitcoin, as the platform allows its users to buy, sell, and transfer it. This is especially significant, as it has been consistently demonstrated that younger users favour this means of payment. As a result, Squares Bitcoin gross profit jumped by 711%. The list of features offered by Cash App goes on. One new idea currently under pilot testing would allow members of its Cash App P2P Payments service to obtain small, short-term loans. 1000 users were offered such loans, ranging from $20 - $200, to be paid back within four weeks at a 5% flat interest rate. Whether successful or not, this attempt to explore possibilities by Square is an indicator of its willingness to expand their business model. Story continues Offering small loans is expected to broaden Cash Apps lending efforts, and could eventually become a more complete financial payment solution when compared to PayPal. As such, Square Capital, the firm's lending arm, has been able to support merchants with micro-finance schemes for years, and is even approved to operate as a bank. Just as important to analyse, however, are Cash Apps competitors. For instance, Coinbase offers its members the ability to borrow cash against their Bitcoin holdings, and is preparing an IPO to launch a waitlist for customers. Users will be able to borrow up to 30% of $20,000 of their Bitcoin holdings at an 8% APR, which is less competitive than the majority of competing crypto lending solutions. Yet given US regulatory limitations, this solution is expected to receive a lot of adoption, since there will be no special applications or credit checks required. Other key competitors like Venmo and Zelle have furthered their respective lending programs, suggesting that they too see the potential of P2P payment platforms. Yet the main difference between Cash App and its competitors lies in its Bitcoin transactions and growing lending schemes. BitGo - Institutional Digital Asset Custody Firm BitGo operates in the crypto-sector as a security and digital-asset trust firm. Showing its intent to compete, they have recently announced the acquisition of Excess Specie Insurance, enabling users to purchase their own dedicated excess limits above BitGos $100 million insurance policy, ensuring an additional layer of protection to crypto holdings. Until recently, BitGo was covering up to $100 million worth of digital assets held in their accounts with the security firms, but is now backed by investors such as Goldman Sachs and Galaxy Digital Ventures. One distinctive feature offered by BitGo is Wrapped Bitcoin, an ERC-20 token with a 1-1 peg to Bitcoin. It currently secures 46,000 BTC, worth more than $500 million through custodial patchwork. Yet the Palo Alto-based company hasnt stopped there; its product portfolio has expanded to offer institutional digital asset lending services. BitGo is currently lending Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and stablecoins. In its most recent endeavour, BitGo has applied to become a qualified crypto custodian in New York State. As such, they expect a dramatic increase in market demand for its products and services from banks, pension funds, hedge funds and other fiduciaries, according to an announcement published on August 25th. Yet another area of growth within the industry are gateway platforms that enable merchants to accept cryptocurrency payments in exchange for their services. Cyclebit; Accelerating Crypto Payment Solutions For Merchants Cyclebit is a new firm that differentiates itself by offering zero-fee tools to retailers, allowing them to accept cryptocurrencies for in-store, online, and on-the-go purchases. Cyclebit hosts 20 of the most popular cryptocurrencies, connecting merchants to a broader customer base. The company is currently processing 1 million transactions a month, featuring a $1 billion annual turnover. Cyclebit is one of the largest mPOS and e-commerce software providers in Eastern Europe, with a range of solutions being used by the largest insurance, logistics and retail businesses in Canada, USA, Thailand, Vietnam, Japan and Europe. Among the company's clients are online marketplaces, insurance and logistics companies like Ozon, Lamoda, Delivery Club, Pony Express, and DPD. Included in its product suite is Cycle-Online, an innovative e-commerce solution for processing online crypto payments. This allows users to accept crypto payments anywhere in the world with full protection against volatility, chargebacks, and ID theft. Another solution is the tap2go application, designed to allow any Android smartphone with an NFC module to act as a terminal for receiving contactless payments. The app complies with PCI DSS Level 1 security standards, and thus has immense potential on CIS markets like Russia, where payments using Google Pay, Apple Pay and Samsung Pay now make up almost 80% of all contactless transactions. Despite the many benefits of crypto payments for merchants and consumers, including limited fees, improved privacy, and diminished reliance on centralized authorities, there remain barriers to overcome. Taxation or liquidity barriers for smaller-cap crypto projects are but two examples. What remains clear, however, is the enormous potential of the industry available for the players who enter first. For now, analysts wait in anticipation to see who will succeed. See more from Benzinga Level01 On Why DeFi Is Here To Stay Is Dash Price On The Verge Of A Bull Break? Golden Cross And 3 Key Indicators Suggest As Much The 5 Hottest DeFi Projects To Watch In Asia © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Themoneymancan', 'Bitwhisk still says "Status: Waiting for Payment Bitcoin" even after Coinbase has marked the transaction as completed.', 11, '2020-09-23 02:08', 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/', "Hey all. As the title says I've sent some Bitcoin from my coinbase account to Bitwhisk with the goal of it ending up in my Bisq wallet. Unfortunately I'm starting to worry something has gone catastrophically wrong because I have sent the coin from my account to Bitwhisk's provided address and Coinbase have even marked the transaction as completed but Bitwhisk apparently haven't got anything?\n\nIs this normal or have I just lost a bunch of money? I've double checked all the addresses involved matched up multiple times so it can't be an error on my part unless I did something really bad.\n\nEdit: Just looked at blockchain.com and it says the coins have been received. Is Bitwhisk a scam or something?", 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/', 'ixzhpn', [['u/TheGreatMuffin', 10, '2020-09-23 02:19', 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/g69q6xg/', "It's a scam, sorry. \n\nIt literally takes two seconds to google and this link is one of the top results: https://bitcointalk.org/index.php?topic=5178761.0 \n\nBe more diligent next time.", 'ixzhpn']]], ['u/100_Jose_Maria_001', 'In ten years, we might be looking back at Microstrategy the same way we now look at the 10,000 BTC pizzas.', 292, '2020-09-23 02:55', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/', 'Title', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/', 'iy093h', [['u/soontobesilenced', 26, '2020-09-23 03:05', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g69uxfj/', 'Might we? Tell me more about my future nostalgic feelings.', 'iy093h'], ['u/RichardHartman101', 11, '2020-09-23 04:08', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6a1gti/', 'Wow', 'iy093h'], ['u/cameron_davies', 11, '2020-09-23 05:23', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6a8suh/', "What is this post referring to? How does one 'look back at' or even currently look at 'Microstrategy'?", 'iy093h'], ['u/lampm0de', 150, '2020-09-23 05:45', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6aawzj/', 'But what if it’s in reverse? What if all the BTC they bought can only buy them 1 large pepperoni in the future? 😂', 'iy093h'], ['u/ludwigvonmises', 14, '2020-09-23 05:54', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6abqkg/', 'How? Laszlo spent BTC to buy pizza. Saylor is buying BTC with MicroStrategy operating revenue. Totally opposite.', 'iy093h'], ['u/alpacastacka', 13, '2020-09-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6acaae/', 'I think he just means the impact of the event', 'iy093h'], ['u/RentonMcLog', 26, '2020-09-23 07:44', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6ake4g/', 'Prolly not like a pizza, but MAYBE like a Tim Draper who bought at auction for about $600 ish?', 'iy093h'], ['u/user_name_checks_out', 13, '2020-09-23 07:50', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6akuao/', 'They bought ~40,000 bitcoins for $400MM. OP is asking how we might look back on that transaction.', 'iy093h'], ['u/Jamestown2017', 37, '2020-09-23 09:05', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6apklx/', "That'll be a good ass pizza", 'iy093h'], ['u/c12022', 18, '2020-09-23 11:16', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6awf63/', 'Low effort hype post.', 'iy093h'], ['u/thegtabmx', 11, '2020-09-23 18:35', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6bywvg/', 'You must be new here.', 'iy093h']]], ['u/omgColors', 'Teleporting to jail off a bunch of xans and alcohol', 154, '2020-09-23 03:36', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/', 'Teleporting to jail\n\nThis is my second of many stories I have that I’m posting on reddit. To start this story off I was ordering my boy some lsd off the dark bet, and he had about 50 dollars left over in bitcoin he said get whatever I want with it, so you guys already know I went straight to the benzos. After a long search and contemplating what to get I ended up picking up 40 1mg footballs, where I’m from it’s hard to get legit Xans so 40 footballs is a fucking score for me.\n\nA couple days pass and I get my shit in the mail, so I figured it’s time to try this shot out. My homie came and got his sheet of acid and threw me a couple hits and I tossed him a couple footballs. The next day o was ready to try those bad boys out. I had done a line of meth and I picked up a bottle of 100 proof vodka (first mistake). So i call up my main homie and he pulled up to chill. We bother popped a hit of acid then we smoked some gas that my homie brought. After we smoked a blunt we dosed up on Xanax, at the time I had a decently high tolerance and I was on meth so I decided to go ahead and eat 10mg right off the bat. We chilled for a while and drank some vodka and I pooped a few more footballs. \n\nHere is where my memory gets hazy and the dumbassery starts. We were really mega fucked up and my boy starts talking about hitting a lick on this house. My barred up ass was like fuck it let’s do it. So me and my boy ate the rest of the xans and finished off the bottle, all I remember from here is walking from my apartment to this lick we were trying to hit. I was so fucked up I barely made it to the house, but we finally got there and I was falling over in the yard and shit making a fool out of myself, we didn’t even start trying to get into the crib next thing I know my buddy says “hey there’s a cop car”. I was confused just standing there and my boy took off running, I didn’t move and next thing I know BAM I got fucking layed put by the police. I guess we were so fucked up we didn’t even notice they were watching us. Next thing I remember I’m on the way to jail, the cop driving is there was super chill, he asked if we wanted to smoke a cig before we went to jail ( he was a real ass dude for that one). So we get out the cop car still handcuffed and the cop lights us both a cig up, we’re sitting there smoking and my drunk ass dropped the cig out my mouth like 5 times but the chill ass cop kept picking it up for me.\n\nNext thing I know it’s the next morning and I woke up I a holding cell getting arraigned, I was still kinda fucked up and I was shit talking the judge a lil ( big fuck up) so my bail got set at 50,000 so 5,000 to get out (On my first offense!). So I was in jail for about 5 days until my lawyer was able to get my bail reduced to ror. I’ve been out since COVID started still waiting on the case but fuck it I’ve been wanting to tell the story. Hope you guys enjoyed 😂\n\nTLDR: Ate way to many footballs and a bunch of liquor, tried to hit a lick and teleported to jail', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/', 'iy0xce', [['u/Kid_Crown', 61, '2020-09-23 05:54', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6abqgv/', "Damn bro what are you facing? \n\nI'd say we should start a bartard bail fund but I feel like that might encourage bad behavior.", 'iy0xce'], ['u/mycelium-magic', 34, '2020-09-23 06:13', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6adh5o/', 'Bartard bail fun lol, I’m dying. Now that’s a cause i would donate to', 'iy0xce'], ['u/thirdeyebrown_666', 128, '2020-09-23 06:18', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6adu3s/', 'Why TF would you pop benzos after taking acid? May as well just flush the acid down the toilet', 'iy0xce'], ['u/CountGrishnack97', 44, '2020-09-23 07:32', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6aji58/', 'Especially that much. 1 might dull the trip but as much as this dude took I bet the acid was non existent', 'iy0xce'], ['u/aonemonkey', 16, '2020-09-23 07:56', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6al73c/', 'You sound like jail might do you some good', 'iy0xce'], ['u/Farquad69420', 65, '2020-09-23 08:06', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6alxej/', "10+ mg of xanax and a bottle of vodka without completely blacking out? I call bullshit with or without the meth\n\n\nAlso 50,000 dollar bail for what? You said you didn't actually try and get into the house so what crime would the police be arresting you for that would call for a 50k bail lmao? Trespassing lol? You're whole story kind of just seems like a load of shit homie", 'iy0xce'], ['u/lifted-living', 21, '2020-09-23 09:28', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6aqxdn/', 'The dumbassery starts right when you take acid with Xanax lmao, wtf', 'iy0xce'], ['u/lifted-living', 43, '2020-09-23 09:30', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6ar1ta/', 'This isn’t teleporting to jail if you remember every single thing that happened', 'iy0xce'], ['u/TheBoyHarambe', 13, '2020-09-23 20:53', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority.\nThe New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry.\nGemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees.\n“London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,” Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers.\nBitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday.\nIn Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it’s also already operational.\nGemini is also in the licensing process in Singapore, Winklevoss said.\nOn its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It’s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world’s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world’s largest crypto spot exchange, Binance. Gemini is also a New York trust company that’s regulated by the New York State Department of Financial Services.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority. The New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry. Gemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees. \x93London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,\x94 Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers. Bitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday. In Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it\x92s also already operational. Gemini is also in the licensing process in Singapore, Winklevoss said. On its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It\x92s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world\x92s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world\x92s largest crypto spot exchange, Binance. Gemini is also a New York trust company that\x92s regulated by the New York State Department of Financial Services. Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', 'Some tricks of the trade employed by today’s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces.\nAnnounced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data.\nOcean Protocol is about helping peopleand businessesunlock data and monetize it, spreading the benefits of data and AI beyond the handful of organizations that hoard, control and get rich from it. Creating efficient data marketplaces is really the lynchpin of this, according to Ocean founder Trent McConaghy. Thus the collaboration with Balancer.\nRelated:BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain\n“Many people have tried to build data marketplaces in the past, but have been held back by issues of privacy and control. With blockchain and compute-to-data, Ocean is addressing this,” McConaghy said in an interview. “So our goal is to unlock this data economy with data marketplaces, connecting the buyers and sellers of data. These can be individual humans, families, small companies, large companies, cities, nations, etc.”\nEthereum-based Ocean creates data tokens, which can represent a particular dataset – be it an individual’s DNA or something much larger and more valuable, like all ofDaimler’sself-driving car data. The tokens act as an on-ramp to the data, which is stored elsewhere. The second part of the puzzle is establishing a marketplace where this tokenized data can be discovered, priced and traded using Ocean’s native token (OCEAN) or other cryptos like ether (ETH) or dai (DAI).\nPricing data is hard. Now, with the third version of Ocean, McConaghy has concludedAMMs like Uniswapdo the job best.\nRead more:Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing\nRelated:Uniswap Users Have Claimed $560M-Worth of UNI Tokens in a Week\nUnlike an auction-based approach, AMMs continue to price throughout the asset’s lifetime. And unlike order books, they don’t need a lot of upfront liquidity and a double coincidence of wants. As such, AMMs – which have been instrumental in DeFi’s$13 billionascent – can be thought of as robots that are always ready to buy or sell.\nThe Balancer poolfunctions as a “self-balancing weighted portfolio and price sensor,” which means it behaves like an index fund – if a given asset out- or under-performs, it is respectively sold or bought to keep its value share of the total portfolio constant. But this is done in a decentralized manner without human intervention.\nThis is basically what DeFi application Uniswap does, but Balancer has the added advantage of allowing non-equal weights among tokens in the pool (e.g. 90/10 vs. 50/50). That means someone with lots of data tokens can offer these without having to tie-up a great deal of Ocean tokens or other cryptos.\nMcConaghy pointed to a trend where people are launching things on AMMs, and in the case of an Ocean data-token pool he has coined the term “initial data offering” or IDO.\n“Our community has been really loving this term and using it a lot internally,” McConaghy said, adding:\n“Basically it’s an example of liquidity mining for the people. Right now when people want to do liquidity mining on Balancer or other tools, they need to have assets. This works well for the whales, and it works even for some medium-sized folks, but the small guys are completely priced out because of gas prices. But we all have assets, as in our data assets; I have location data or whatever, and I’m going to start putting it up there and see what happens as the price gets automatically discovered.”\nRead more:Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens\nOn the subject of the high gas costs associated with deploying pools on Balancer, the Ocean partnership has led to a useful tweak of Balancer pool contracts to use theERC-1167proxy pattern to reduce those costs.\n“The idea of having millions of different tokens and pools wasn’t viable with today’s gas prices on Ethereum, so it’s very nice the way we have extended Balancer to make it cheap for the creation of new data pools,” said Balancer Labs CEO Fernando Martinelli, adding:\n“It doesn’t cost a lot for someone to just put up their location data or their DNA data. It’s great because it’s shown us the need to create more efficient markets – something that’s going to be addressed in our version two.”\n• Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins\n• Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins', 'Some tricks of the trade employed by today\x92s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces. Announced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data. Ocean Protocol is about helping people and businesses unlock data and monetize it, spreading the benefits of data and AI beyond the handful of organizations that hoard, control and get rich from it. Creating efficient da Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,586,160,669 - Hash Rate: 131538738.5382301 - Transaction Count: 316552.0 - Unique Addresses: 684217.0 Social & AI Sentiment: - Fear & Greed Index: 0.39 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Expobank, the former Russian subsidiary of global investment bank Barclays, has followed Silvergate and issued a loan that uses tokens, in this case, WAVES, as collateral. The loan was made to an entrepreneur and tax consultant, Mikhail Uspensky, who bought WAVES in 2018 for a planned initial coin offering (ICO). When that fell through he tried staking them, before ultimately deciding to negotiate a token-collateralized loan with Expobank – who, it turns out, was receptive to experimenting with new loan issuances. The tokens are now being held by a third-party notary. The loan amount, as well as the terms of the agreement, have not been disclosed. Related: Russia's New Blockchain Elections Remain Centralized Barclays acquired Expobank for $745 million, months before the 2008 financial crisis. The new Russian subsidiary failed to gain much traction in its home market and the U.K. investment bank sold it on to notable local banker Igor Kim for an undisclosed sum in early 2019. See also: Banks in US Can Now Offer Crypto Custody Services, Regulator Says Expobank’s dabble in token collateralized loans comes after Silvergate said it had issued a total of $22.5 million worth of loans collateralized by bitcoin in July. The California-based bank only started offering them to clients in January. Just a few weeks ago, Russia passed a law , which comes into force in January, that will regulate centrally issued digital securities and also defined cryptocurrencies as a form of taxable property that can’t be used as a payment method. Related: Russia, With Bitcoin Playing Bit Part, Tried to Hack 2016 US Election, Senate Report Finds A bank spokesperson told CoinDesk the test had been successful and they would watch regulatory trends to estimate future demand for these products. See also: Coinbase to Offer Bitcoin-Backed Loans to US Customers The move might help make Expobank more attractive to borrowers and help push it up Russia’s banking rankings: it’s loan portfolio currently languishes at 54 nationwide. Related Stories Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move. Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0. Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726. In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Chainlink led the way, surging by 29.25%. Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains. Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%. This Morning At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however. Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 25th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 25th, 2020 Natural Gas Price Forecast – Natural Gas Continues to Show Strength Asia Pacific Indexes Chase Wall Street Higher in Early Trade on Friday Crude Oil Price Forecast – Crude Oil Markets Still Quiet E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Watching 26685 – 26714 into Close', 'Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move. Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0. Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726. In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Chainlink led the way, surging by 29.25%. Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains. Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%. This Morning At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however. Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 25th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 25th, 2020 Natural Gas Price Forecast – Natural Gas Continues to Show Strength Asia Pacific Indexes Chase Wall Street Higher in Early Trade on Friday Crude Oil Price Forecast – Crude Oil Markets Still Quiet E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Watching 26685 – 26714 into Close', 'In the latest effort to streamline cryptocurrency regulations in the U.S.,\xa0House Agriculture Committee Ranking Member Michael Conaway (R-Texas) introduced new legislation on Thursday. The Digital Commodity Exchange Act of 2020 (DCEA) would consider cryptocurrencies as a unique asset class and would be monitored by the Commodity Futures Trading Commission. Conaway commented that\xa0the legislation\xa0"provides a clear path forward to improve the regulation of digital commodities.\x94 What Happened: By classifying digital assets into a legal category of its own, DCEA aims at enhancing the regulatory approval framework for cryptocurrency trading platforms. Currently, cryptocurrency exchanges have to navigate multiple state and federal laws which is detrimental for new entrants in the market. According to CoinDesk, this act will treat digital assets like Commodities, and would also have provisions to facilitate fundraising through certain types of Initial Coin Offerings. Why Does It Matter: The DCEA mechanism will allow cryptocurrency\xa0exchanges to operate under the federal jurisdiction by enhancing legal clarity as exchanges would not have to apply for individual money transfer licenses from each state. Exchanges may also be required to maintain customer\x92s assets with a licensed digital custodian. From the governance perspective, this act also demarcates the jurisdiction for token offerings between the Securities and Exchange Commission and the CFTC. CoinDesk reported that although the SEC will maintain a pre-sales oversight and the CFTC will take over the supervisory role once the network is launched. Price Action: Bitcoin traded 3.9% higher at $10,699.60 at press time on Friday. See more from Benzinga In A First, Cryptocurrency Exchange Gets US Banking Charter © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'In the latest effort to streamline cryptocurrency regulations in the U.S.,\xa0House Agriculture Committee Ranking Member Michael Conaway (R-Texas)introducednew legislation on Thursday.\nThe Digital Commodity Exchange Act of 2020 (DCEA) would consider cryptocurrencies as a unique asset class and would be monitored by the Commodity Futures Trading Commission. Conawaycommentedthat\xa0the legislation\xa0"provides a clear path forward to improve the regulation of digital commodities.”\nWhat Happened:By classifying digital assets into a legal category of its own, DCEA aims at enhancing the regulatory approval framework for cryptocurrency trading platforms. Currently, cryptocurrency exchanges have to navigate multiple state and federal laws which is detrimental for new entrants in the market. According to CoinDesk, this act will treat digital assets like Commodities, and would also have provisions to facilitate fundraising through certain types of Initial Coin Offerings.\nWhy Does It Matter:The DCEA mechanism will allow cryptocurrency\xa0exchanges to operate under the federal jurisdiction by enhancing legal clarity as exchanges would not have to apply for individual money transfer licenses from each state. Exchanges may also be required to maintain customer’s assets with a licensed di Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,273,281,109 - Hash Rate: 162263115.42307216 - Transaction Count: 353070.0 - Unique Addresses: 741029.0 Social & AI Sentiment: - Fear & Greed Index: 0.46 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s price is trending down and an Ethereum competitor is entering the DeFi race this weekend. • Bitcoin(BTC) trading around $11,579 as of 20:00 UTC (4 p.m. ET). Slipping 2.4% over the previous 24 hours. • Bitcoin’s 24-hour range: $11,348-$11,919 • BTC below 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin’s price was able to rally to as high as $11,917 Friday before losing momentum, falling back into the $11,500 range. “Over the past day, bitcoin tested the level of $11,900 but it did not succeed, and BTC slipped,” said Constantine Kogan, partner at crypto fund of funds BitBull Capital. Read More:Fixing This Bitcoin-Killing Bug Will (Eventually) Require a Hard Fork Related:Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased Bitcoin and gold continue to trade together. Gold is also down Friday, in the red 1.6% and at $2,030 as of press time. “The gold/BTC correlation is at an all-time high right now,” said Daniel Koehler, liquidity manager for cryptocurrency exchange OKCoin. “The one-month correlations between BTC and gold have seen a significant spike over the past two weeks, currently sitting at about 67%,” he added. One downward trending day is not altering optimism about the crypto market, added Koehler. “With bitcoin following gold as a store of value, and DeFi pushing ETH, the excitement is palpable in the trading community right now.” John Willock, CEO of digital asset liquidity provider Tritum, agrees. “Sentiment in the market is highly buoyant and generally positive market news is increasing confidence and aggression in positioning,” he said. “I expect to see bitcoin bounce back quickly to $12,000 with ether to $400 this weekend.” The second-largest cryptocurrency by market capitalization (ETH),ether,was down Friday, trading around $347 after slipping 4.6% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Related:Bitcoin Suddenly Drops by $500 After Passing $12K [Updated] Read More:Polkadot Releases Rococo, Test Environment for Interoperable ‘Parachains’ Smart contact platform Cardano intends to start producing proof-of-stake (PoS) mainnet blocks this weekend. Ethereum’s switch to PoS from its current proof-of-work setup is expected sometime by the end of the year. Since the start of 2020, Cardano’s token,ada, has seen a market capitalization increase from $1 billion to $4.5 billion, according to CoinGecko. The platform, a competitor to Ethereum, has taken a methodical approach towards launchingand now has 770 pools staking almost 20% of ada supply. George Clayton, managing partner of Cryptanalysis Capital, is looking forward to watching Cardano in the DeFi race, as smart contract capabilities for building decentralized applications on the platformare expected to launch later in 2020. “The transition to PoS mainnet is complete but stake pools do not start producing blocks until Aug. 8,” he said. “Very interested to see what happens with Cardano; that’s a big moment for the protocol.” Digital assets on theCoinDesk 20are mostly in the red Friday. One notable winner as of 20:00 UTC (4:00 p.m. ET): • chainlink(LINK) + 0.62% Read More:Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars Notable losers as of 20:00 UTC (4:00 p.m. ET): • zcash(ZEC) – 8.1% • tezos(XTZ) – 7.4% • dash(DASH) – 7.4% Read More:Ethereum Classic Attacker Double-Spends $1.68M in Second Attack Equities: • In Asia, the Nikkei 225 closed in the red 0.39% asweak corporate earnings spurred profit taking ahead of a three-day weekend in Japan. • In Europe, the FTSE 100 ended the day flat, in the green 0.09%. asU.S. tensions with China countered better-than-expected job numbers. • In the United States, the S&P 500 lost 0.40% asprogress slows on negotiations for fresh coronavirus economic stimulus. Read More:NBA’s Spencer Dinwiddie, Andre Iguodala Join Dapper Labs $12M Funding Commodities: • Oil is down 1%. Price per barrel of West Texas Intermediate crude: $41.51. Read More:Binance Says NY Banks Can Now Use Its Stablecoin After Approval Treasurys: • U.S. Treasury bonds all climbed Friday. Yields, which move in the opposite direction as price, were up most on the 10-year, in the green 5.4%. Read More:Privacy Group Slams California Bill Putting Health Records on Blockchain • Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move • Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move... - Reddit Posts (Sample): [['u/mermaiddiva26', 'Need help deciding what to do with a windfall', 74, '2020-09-25 00:50', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/', "So the bottom line is I found an old bitcoin wallet from 7 years that I forgot about and it has ~500 bitcoin on it. Approximate USD value is about $5.3M. \n\nHere is my current budget:\n\nMortgage: none, house is paid off\n\nGym: $175/month\n\nBirth control: $50/month\n\nHealth insurance: none, I'm only 25 years old lmao\n\nGuinea pig food: $200/month\n\nI don't actually need any help. Just wanted to rub in the fact that I'm richer, younger, and hotter than you. Thanks in advance!", 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/', 'iz7q1o', [['u/getrichordietrying_w', 22, '2020-09-25 01:49', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6he5f6/', 'Im willing to fuck your wife. Hope that answers your question and good luck! Happy for your windfall!', 'iz7q1o'], ['u/seasix732', 61, '2020-09-25 02:15', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hgpeo/', 'Maybe with the windfall you can switch you food to something other than guinea pigs.', 'iz7q1o'], ['u/ruhrh', 28, '2020-09-25 03:08', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hm6gg/', 'Have you considered planet fitness? Its only ten dollars a month. You can shower there. And they have pizza fridays', 'iz7q1o'], ['u/the_disintegrator', 17, '2020-09-25 03:53', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hqvj3/', 'what else would you do with it? Come on man - obviously you use it to make lentil flour.\n\nEdit: Oh I thought you said windmill', 'iz7q1o'], ['u/subjugatedfantasy', 26, '2020-09-25 03:55', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hr50i/', 'Legitimately had to talk some guy down from living in his van and showering at planet fitness in leanfi the other day. Wtf', 'iz7q1o'], ['u/subjugatedfantasy', 16, '2020-09-25 03:57', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hrcua/', 'This is a crazy meta post because OP is actually hot', 'iz7q1o'], ['u/mermaiddiva26', 12, '2020-09-25 04:01', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hrpo6/', "I'm 25F irl but no one believes me because this is reddit", 'iz7q1o'], ['u/mermaiddiva26', 12, '2020-09-25 04:05', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hs6o7/', '\\uj Everything about my budget is true (including not having health insurance) except the part about my mortgage being paid off.', 'iz7q1o'], ['u/lush_rational', 17, '2020-09-25 04:10', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hsoo6/', 'Only acceptable pet is a bearded dragon.\n\nOP: I suggest you buy a bunch of candles.', 'iz7q1o'], ['u/kadsmald', 12, '2020-09-25 07:03', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6i8zu0/', 'Yes, guinea pig is far inferior to gerbil meat. It’s like comparing run of the mill sirloin to wagyu ribeye.\n\nEdit: pours wouldn’t know this, but wagyu beef is like really really good beef.', 'iz7q1o'], ['u/rivenn00b', 12, '2020-09-25 11:54', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6irj10/', 'It isnt as bad as you might think. Worst part for me was finding places to shit during the day', 'iz7q1o']]], ['u/forknomore', 'Tim Draper has Bitcoin Cash in his portfolio.', 28, '2020-09-25 01:02', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/', '[https://cointelegraph.com/news/bitcoin-bull-tim-draper-reveals-the-secrets-of-his-altcoin-portfolio](https://cointelegraph.com/news/bitcoin-bull-tim-draper-reveals-the-secrets-of-his-altcoin-portfolio)\n\nI wonder the next move of liar falsely confirming his twitter hack. He would have confirmed that his portfolio had been hacked by Roger Ver.', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/', 'iz7wwf', [['u/1MightBeAPenguin', 10, '2020-09-25 02:46', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6hjvbv/', 'Tim Draper is more ideologically aligned with Bitcoin Cash than Bitcoin. If you look at his previous talks about Bitcoin, he valued how easy it was to use and how it might even be better than credit cards in the future.', 'iz7wwf'], ['u/jbrev01', 14, '2020-09-25 03:54', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6hqz4x/', 'He deleted it because the blockstream mob started to attack him and accuse of him promoting a scam.', 'iz7wwf'], ['u/1MightBeAPenguin', 10, '2020-09-25 04:29', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6humup/', 'Lol he deleted the tweet because he faced backlash. Roger Ver has talked to him and he has a good holding in Bitcoin Cash. Not to mention that he mumbled himself when he talked about "doing his own research". There are no security issues in Bitcoin Cash lmao.\n\nHe clearly supported Bitcoin being fast, cheap, and reliable back when Lightning Network wasn\'t a thing, so it was clear he was talking about on-chain transactions. So yes, he\'s more ideologically aligned with Bitcoin Cash.', 'iz7wwf']]], ['u/Brothanogood', 'PayPal vs Square: Which Fintech Stock Is A Better Buy?', 47, '2020-09-25 03:15', 'https://www.reddit.com/r/stocks/comments/iza2r0/paypal_vs_square_which_fintech_stock_is_a_better/', 'The COVID-19 pandemic is accelerating digitalization and has led to a spike in online transactions and e-commerce sales. According to PayPal, the penetration of e-commerce as a percentage of retail sales in the first half of 2020 outpaced prior external forecast by 3 to 5 years. Both consumers and merchants are increasingly adopting digital payments as contactless transactions have become increasingly important amid the current crisis.\n\nThe rapid penetration of digital payments led to double-digital revenue growth in the second quarter for PayPal and Square. Using the TipRanks Stock Comparison tool, we will place these two fintech payment firms alongside each other to assess which stock offers a more compelling investment opportunity.\n\nPayPal Holdings (PYPL)\n\nPayPal, which was spun off from eBay in 2015, has emerged as the digital payment leader. In the second quarter, PayPal added 21.3 million net new active accounts, reflecting a 137% Y/Y rise and marking the strongest growth in the company’s history thanks to a surge in e-commerce and digital payments. As of the end of 2Q, PayPal had 346 million active accounts with over 26 million merchant accounts.\n\nThe company’s 2Q revenue surged 22.2% Y/Y to $5.26 billion. And adjusted EPS rose 49% to $1.07 as the adjusted operating margin expanded 504 basis points to 28.2%. Total Payment Volume or TPV, which indicates payments processed through the PayPal platform, grew about 29% to $222 billion. Venmo, Paypal’s mobile payments platform, witnessed a 52% growth in its TPV to $37 billion.\n\nFollowing the strong 2Q momentum, PayPal reinstated its 2020 guidance and in fact, raised it. The company expects revenue growth of 20% and adjusted EPS growth of about 25%. It anticipates adding 70 million net new active accounts this year.\n\nTo boost its top-line further and promote touchless payments, PayPal launched QR Code technology in 28 markets globally in May. CVS Pharmacy will be the first retail chain to offer its customers the option to use PayPal and Venmo QR codes at checkout in its US stores. The company will also launch Venmo credit card this year.\n\nPayPal has also expanded its Visa Direct partnership globally to accelerate real-time access to funds for small businesses, consumers and partners across its platform. This collaboration enables PayPal to extend global white label Visa Direct payout services through PayPal and its Braintree, Hyperwallet and iZettle platforms.\n\nOn Sept. 22, Mizuho Securities analyst Dan Dolev reiterated a Buy rating for PayPal with a price target of $285 as the Mizuho E-Commerce Tracker showed that unique views across key PayPal partner sites (like Etsy, Groupon and Wayfair) remained strong in July and August and also pointed to potential signs of life in the beleaguered travel category.\n\nThe Tracker also indicated that PayPal’s unique views continued to grow ahead of partner websites in the last two months, reflecting persistent share gains for the checkout button. Overall, the analyst expects strong July and August e-commerce trends coupled with share gains to bode well for the company’s second-half TPV. (See PYPL stock analysis on TipRanks)\n\nPayPal stock has rallied about 74% year-to-date and could rise further by 17% in the coming months as indicated by the average analyst price target of $219.77. The stock scores a Strong Buy consensus based on 28 Buys, 5 Holds and no Sell ratings.\n\nSquare (SQ)\n\nPayment facilitator Square is growing rapidly as consumers and businesses are migrating online at a faster pace amid the pandemic. From February through August 2020, there was a 13.2 percentage point increase in the share of Square sellers accepting online payments and by August, over 40% of all Square sellers were accepting online payments. Also, by August, more than 7 in 10 Square sellers were accepting contactless payments.\n\nThe company’s Cash App ecosystem delivered $1.2 billion in revenue in the second quarter, reflecting a whopping 361% Y/Y growth. The Cash App had over 30 million monthly transacting active customers in J... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['NEW YORK, NY / ACCESSWIRE / September 25, 2020 /New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V)\nThis show Number 139 for " New To The Street" marks the 10thyear anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso.\nThrough the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder.\nIn addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28that 1030pm pst.\nFetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks.\nFetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," saidHumayun Sheikh CEO and Founder of Mettalex. "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index."\nSomee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing.\n1. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information.\n2. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions.\n3. Global scale; a platform designed to connect and support humanity through "Social for a Cause."\nSoMee is generating a lot of interest in the crypto and social worlds. Why? Because it\'s combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media.\nJane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid users of this novel platform to gather their perspectives.\nPeter Ivanovhas been featured in ABC\'s episodic TV series "In An Instant" and recently completed filming an independent feature.\nBejo Dohmenis known for several TV shows in Germany such as his latest upcoming pilot "Ready to Rumble" and has also won several awards through the 2020 Academy Award-qualifying, best live-action short film "Kommando 1944."\nNick Dong-Sikis known for "Charlie\'s Angels", "Iron Sky", "Within the Whirlwind", and Netflix\'s "Marco Polo", while working alongside A-list actors and is currently working on the German TV series "Helen Dorn".\nDiscussing everything from how SoMee functions to how the platform may serve artists, Peter, Bejo, and Nick provide their two cents. Here\'s what we\'ve found out:\nSoMee is a blockchain-based, social media platform aimed at evolving the social media community. With a focus on security and monetization, SoMee offers something other platforms like Facebook, Twitter, or Instagram can\'t; control. Users are now provided with an outlet for their content and data which protects and respects each user\'s right to control their information and posts, without worry of having information sold.\nNot only that, but the users now also have the option to monetize effectively. How? Through community interaction. Currently, users are posting on other platforms and receiving "likes" and "shares", but that\'s it. Unless you reach "influencer" or "celebrity" status on these platforms and somehow strike a deal with various brands or entities, all you receive is attention in the form of "likes" and "shares." Even if your post goes viral, you may reach a ton of viewers, but still, nothing may come of it.\nThis is where SoMee comes in. Now, users have the ability to monetize those likes directly, and you don\'t have to be an "influencer" or "celebrity." If you come up with something cool, creative, or viral, and people take notice, boom; rewarded.\nIn the interview, Bejo Dohmen also comments on the potential of this system by mentioning that artists could even have a chance to introduce an idea and gain funding through community support. He loves the idea that SoMee allows him to help people with a simple "upvote" which could potentially change someone\'s life.\nAnother important point was made by Peter Ivanov when he mentions "Social for a Cause"; SoMee\'s growing, philanthropic effort to bring the world together by increasing the awareness and assistance of those struggling and in need all around the globe.\nSoMee operates on a global scale, so users from around the world have the opportunity to interact with each other. Not only does it connect everyone, but it also provides an opportunity to help users who may be located in fallen economies, war-torn locations, or third-world areas.\nNick Dong-Sik likes to compare SoMee\'s ONG1 to Bitcoin, stating that he remembers when Bitcoin began, but never seized the opportunity, feeling like he "missed out," but now he\'s happy to be onboard with SoMee from the beginning.\nSoMee is dedicated to taking the social media space to the next level by providing monetization, control, and global community interaction like we\'ve never seen before. The actors all agree that SoMee is the next big thing and is full of potential.\nNow is the chance to join the community which could change your life and the lives of anyone anywhere anytime. Don\'t miss out!\nNativeCoin (N8V) Jeff Johnson COO discusses powerful new partnerships in their new extended series .\n" NativeCoin has a new partnership coming that will help Indian Country in ways never before thought Possible" stated Jeff Johnson COO\nFerrum:"Ferrum Network is incredibly proud to be partnering with NativeCoin in order to make crypto easy and valuable for their users. Ferrum\'s Link Drop technology means sending crypto is as easy and secure as sending an email. And our Staking technology means users can earn high yields simply for staking NativeCoin in their wallet. Together we look forward to making crypto easy, valuable and useful for millions of people!" Stated CEO Ian Friend.\nSOLOGENIC (SOLO) Featuring Co-Creator Bob Ras who is also the CEO of Coinfield."One of the many problems Sologenic is solving is providing access to the global financial markets using Blockchain technology. We\'re creating a Hybrid DeFi ecosystem allowing users from different parts of the world to trade and tokenize over 40K+ assets from 30 global stock exchanges within a regulatory framework inside the EU. The tokenization also creates a unique opportunity for users to trade a fraction or full amount of any stock and spend them in real-time via SOLO Cards." Bob Ras, The Co-Creator of Sologenic\nAbout FMW MediaFMW Media Corp. operates one of the longest-running U.S and International sponsored programming T.V. brands "NewToTheStreet,http://www.NewtotheStreet.comand its blockchain show "Exploring The Block."http://www.ExploringTheBlock.com.Since 2009, these brands run sponsored media formatted shows across three major U.S. Television networks. The TV platforms reach over 540 million homes both in the US and international markets.\nTwitter @NewtotheStreet @ExploringBlock\nCONTACT:For FMW Media:Bryan [email protected]\nPress Contact:Christopher [email protected]\nSOURCE:FMW Media Works Corp\nView source version on accesswire.com:https://www.accesswire.com/607917/NEW-TO-THE-STREET-to-broadcast-Show-139-Tomorrow-6-PM-est-on-Bloomberg-Television', 'NEW YORK, NY / ACCESSWIRE / September 25, 2020 / New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V) This show Number 139 for " New To The Street" marks the 10 th year anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso. Through the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder. In addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28 th at 1030pm pst. Fetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks. Fetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," said Humayun Sheikh CEO and Founder of Mettalex . "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index." Somee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions. Global scale; a platform designed to connect and support humanity through "Social for a Cause." SoMee is generating a lot of interest in the crypto and social worlds. Why? Because it\'s combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media. Story continues Jane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,273,281,109 - Hash Rate: 144020516.64769718 - Transaction Count: 276162.0 - Unique Addresses: 591249.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’sLightning Networkset a record high Monday as total capacity held in the protocol’s payment channels – sometimes referred to as “total value locked” (TVL) – reached $12.4 million. • Two weeks ago, Lightning set the prior high of $12.37 million, surpassing the long-standing previous mark of $12.3 million that was reached in early July 2019 and lasted for 405 days. • Bitcoin’sprice appreciation has certainly helped boost Lightning’s TVL as the bellwether cryptocurrency has gained more than 30% since July. • The total number of bitcoins held on Lightning sits at 1,060, up 24% so far this year, but still remains below the record high of 1,105 BTC set in early May 2019. • Compared with the tens of millions of dollars pouring into Ethereum and related protocols because of thedecentralized finance craze, Lightning’s growth may seem slow, but a variety of data underscores the network’s steady increase in activity. • The number of publicly broadcasting nodes, for example, has steadily increased throughout the entire lifetime of the protocol. Currently more than 7,600 nodes are connected to payment channels, up 55% from January. • In August, Lightning’s node count grew 26%, adding 1,581 nodes, representing the largest monthly percentage growth since April 2018 and the largest real monthly growth ever. • Lightning Labs, the company building the most popular implementation of Lightning, LND, further quantified the network’s growth in atweetshared earlier in August. Over 70 companies are currently building on LND, the company said. Read more:Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally... - Reddit Posts (Sample): [['u/Mersyanchez', "Who also got a feeling after today's AMA that Swipe's own cardholders are disadvantaged? Especially ones from EU", 27, '2020-09-26 00:24', 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/', "This answer during today's AMA got me thinking:\n\n&#x200B;\n\nhttps://preview.redd.it/djogg3cm7dp51.jpg?width=829&format=pjpg&auto=webp&s=00fc5fb701e282339f648eee1a485d8fad3990e5\n\nCorrect me if I am wrong, SXP tokens play the role of gas for paying the network fees. Network fees occur when conversions happen. If Joselito was to introduce fiat wallets as source of funds for the cards, then buying a 3 euro cup of coffee would deduct 3 euros from the fiat wallet, therefore no fees would be generated (same currency, fiat to fiat) and SXP token would be left redundant. If any crypto was used as source of funds, then a conversion would happen , therefore some (hopefully small) fees would occur.\n\nI guess this is the reason why JL doesn't want to introduce fiat wallets. Again, correct me if I am wrong.\n\nBut to me (who has a Steel tier card) that means that I will not be able to comfortably use the card. I am based in EU and EU seems to be Swipe's most active market according to the description on their website:\n\nhttps://preview.redd.it/6ra0v0hk7dp51.jpg?width=885&format=pjpg&auto=webp&s=7f9959353b14729175fa13fcffd52bef7891ac22\n\nIf to summarize, I have two problems with this:\n\n* crypto is not at the point right now where users could comfortably use it as mean of payment for everyday goods, it's highly volatile. Few die-hard fans would definitely use it and buy coffee with BTC, but good luck to them filing tax forms at the end of the tax year. The masses would avoid it due to volatility and tax concerns;\n* the argument that the stablecoins (which are still considered regular crypto and still have to be filled in tax forms - at least in Germany) does not help much the users from EU since there are no Euro-pegged stablecoins out there except the obscure and nothing but stable Stasis Euro.In the ideal world I want to deposit part of my Euro paycheck to Swipe card and use it for paying for groceries without worrying about the current USD / EUR exchange rate, which fluctuates easily by 5% within a month. The point of having 4% BTC cashback is undermined by potential losses from currency conversion and exchange rate fluctuations.\n\nAnd now one more of Joselito's answers which left me even more sad:\n\nhttps://preview.redd.it/1algdqmgadp51.jpg?width=849&format=pjpg&auto=webp&s=c433ad73f64a8c87d323751eb4385bf9ea973ed7\n\nHe says SXP is much more useful for on-chain staking. Of couse it is now so, since for the locked tokens which I can't access (therefore can't trade them and speculate on tokens' price like 90% of Swipe's Telegram group does) I would earn 6 to 12% interest (I am still unable to understand who gets 6 and who gets 12), while the flexible withdraw-any-time on-chain stakers receive over 20%.\n\nAnd it seems even quite weird how Joselito highlighted this fact in his answer, as if he intentionally wanted to discourage users from ordering cards and use the idle tokens for staking on-chain instead. Why can't Swipe use cardholders' frozen deposits for staking on-chain and pay them same interest to them (or better higher due to the inability to withdraw the stake at any moment) is also a mystery to me.\n\n&#x200B;\n\nSo my very long question/suggestion at the very end of the AMA thread (where I asked Joselito not to lose focus on loyal cardholders - seriously, we voluntarily locked significant funds for half a year at least!) was left unanswered. However I think the two answers above provide all the necessary information... :(I think I mentioned pretty obvious problems with the card product that not only I should see.\n\nAgain, please correct me if I am wrong.", 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/', 'izthtx', [['u/JoselitoLizarondo', 11, '2020-09-26 20:09', 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/g6pdz2s/', 'Just one quick point. I think you missed this part:\n\n>Are there any new infos about using the Binance UI for Swipe card users? \nAnswer: There will be a migration of Swipe Cards to the [Binance.com](http://binance.com/) Card UI so that you can use your Binance funds in real time with your Swipe branded Debit Card. After this migration occurs, Swipe Cards can be ordered directly on Binance.com. *There will be a strong promo for this when his switch happens in the next 30–60 days for Swipe users.*\n\nLoyal Swipe cardholders whom staked SXP will be in for a nice treat within that time period. All your concerns have merit to them and I have taken personal note of this issue and have a resolution plan for this. Once everything is finalized we will make an announcement.\n\nThanks, \nJL', 'izthtx']]], ['u/stackingsatseveryday', 'China is a threat to bitcoin?', 42, '2020-09-26 01:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/', "I understand that 51% Attack is very costly and probably won't probably much financial incentive to the one who orchestrates it. I came across this blog post called [How China can kill bitcoin](http://galgitron.net/Post/How-China-Can-Kill-Bitcoin) and thought that the author does have quite a good point (despite the tone of the blog post). He argued that the top 4 Chinese mining pools alone represent more than 51% of the hashrate and if the Chinese government are to forcibly commandeer these top 4 mining pools (without having to buy new mining equipment) then they can easily orchestrate the 51% attack within an hour and a double-spend would have been successful. \n\n\nA few questions:\n\n1. If this all is true, wouldn't you say that China is quite a big threat to the existence of bitcoin? Isn't this something we should be more worried about? (it seems that most of bitcoin community just assumed that no one will attempt the 51% attack and it has been debunked many times). I don't know what could be the incentives for China to do this (cracking down money laundering?) but does the fact that they could do this if they want to concern you?\n2. Will bitcoin mining be more decentralized (esp away from China) in the future? It seems that miners should go wherever there is cheap electricity, why haven't more countries jumped in?\n3. Can anyone comment about [Stratum V2](https://www.stratumprotocol.org/#binary)? Will it help address the problem by giving the control to miners o select their own transaction sets? When will it be ready?", 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/', 'izujwv', [['u/bitusher', 29, '2020-09-26 01:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/g6l689i/', ">Will bitcoin mining be more decentralized (esp away from China) in the future?\n\nMoores cliff means old ASICs do not become obsolete as quickly. ASICs are already down to 5nm , to put things in perspective Intels most expensive retail chips are still at 14nm , there really isn't that much more room for BTC ASICs to shrink which means decentralization of mining . There are also many fundamental misunderstandings people have towards the advantageous and disadvantageous in industrial mining.\n\nA few things you need to understand about mining -\n\nChipmakers like TSMC and Samsung as 2 examples are the ones that are commissioned to make most ASIC chips(not the full assembled ASIC miner) based upon designs from Bitcoin ASIC manufactures. These foundries are involved in diverse chip making and obviously aren't directly involved in Bitcoin or its politics but fulfilling large orders from whoever commissions them.\n\nThe most popular ASIC manufacturers for Bitcoin right now are Whatsminer, Innosilicon, Bitmain, Caanan, Ebit, and Ebang. Many more ASIC manufacturers exist but they come and go based upon merit in a highly competitive race. For example Bitfury used to be one of the best manufacturers , and now has very little market share. Bitmain used to dominate , and than made some poor design decisions (lead engineer left them) and now competes with at least 4 others for the most efficient ASICs. This is a highly competitive and changing ecosystem.\n\nLarge miners main advantage is economies of scale over smaller miners. If you are an ASIC manufacturer you have large advantage over others because you can premine off your newest hardware and sell you last generation ASICs to others. This does occur , but is simplistic view and not the full picture. The reality is ASIC manufacturers Sell their newest ASICs with partners for industrial mining , sell their latest hardware to smaller miners for a premium, and mine themselves, while at the same time selling older ASICs on the market. Why do they do this? Because ASIC manufacturing is highly competitive and they need to hedge their investments as quickly as possible and de-risk from regulatory concerns as well.\n\nAmateur mining doesn't come with many risks of manufacturers who come and go (they are forced to make huge investments in ASIC orders and have long development pipelines fraught with risks)\n\nAmateur mining does not have the overhead of employees , security, regulatory compliance, building costs, tax liabilities , etc...\n\nNow here is what is interesting, this last generation of ASICs that went from 7nm to 5nm in size did not have the same efficiency jumps as previous drops. This is because 5nm is already at the edge of what can be done with silicone, we can possibly shrink down to 2-3nm but it gets extremely difficult as the gates start to get the size of a few atoms wide and quantum concerns and heat become a very big concern.\n\nWhy is any of this important?\n\nIn the past when ASICs wen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move. Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0. Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red. Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way. Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn. Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%. This Morning At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on. Story continues It was a relatively bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 0.56% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however. Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy The Weekly Wrap – Economic Datta and COVID-19 Hit Riskier Assets NZD/USD Forex Technical Analysis – Weakens Under .6540, Strengthens Over .6590 Gold Weekly Price Forecast – Gold Markets Have a Rough Week US Stock Market Overview – Stocks Rise as Nasdaq Closes Positive for the Week Silver Weekly Price Forecast – Silver Markets Collapsed', 'Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move. Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0. Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red. Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way. Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn. Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%. This Morning At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on. Story continues It was a relatively bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 0.56% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however. Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy The Weekly Wrap – Economic Datta and COVID-19 Hit Riskier Assets NZD/USD Forex Technical Analysis – Weakens Under .6540, Strengthens Over .6590 Gold Weekly Price Forecast – Gold Markets Have a Rough Week US Stock Market Overview – Stocks Rise as Nasdaq Closes Positive for the Week Silver Weekly Price Forecast – Silver Markets Collapsed', "Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today? For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Related: Bitcoin News Roundup for Sept. 28, 2020 This week’s Long Reads Sunday is a reading of “ The Currency Cold War: Four Scenarios ” by Jeff Wilser – part of CoinDesk’s Internet 2030 series. In it, Wilsner talks to experts about four scenarios: A multi-currency scenario, where exchange is abstracted away via digital wallets A China-led scenario A U.S.-led scenario A bitcoin /non-state currency-led scenario In addition to reading, NLW gives his take on which scenario is most likely. See also: Sven Henrich on the Ever-Weakening Economic Cycle Related: The 51% Attack Nightmare Scenario (Isn't That Bad) For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories Understanding the Coming Currency Cold War Understanding the Coming Currency Cold War", "Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today?\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:Bitcoin News Roundup for Sept. 28, 2020\nThis week’s Long Reads Sunday is a reading of “The Currency Cold War: Four Scenarios” by Jeff Wilser – part of CoinDesk’s Internet 2030 series.\nIn it, Wilsner talks to experts about four scenarios:\n• A multi-currency scenario, where exchange is abstracted away via digital wallets\n• A China-led scenario\n• A U.S.-led scenario\n• Abitcoin/non-state currency-led scenario\nIn addition to reading, NLW gives his take on which scenario is most likely.\nSee also:Sven Henrich on the Ever-Weakening Economic Cycle\nRelated:The 51% Attack Nightmare Scenario (Isn't That Bad)\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• Understanding the Coming Currency Cold War\n• Understanding the Coming Currency Cold War", "Another busy week of IPOs is set for the week of Sept. 28. Here is a look at many of the companies set to price and go public this week. Boqii Holdings Ltd. The largest pet-focused platform by revenue and customers in China, Boquii Holdings Ltd. (NYSE: BQ)\xa0is set to go public in the U.S.\xa0offering 7 million ADS at a price point of $1 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,273,281,109 - Hash Rate: 145940790.2029998 - Transaction Count: 259382.0 - Unique Addresses: 538619.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: One of the quietest yet best-funded bitcoin companies in the world is gearing up to enter the 2020 decentralized finance (DeFi) bull run. In July theDG Labconglomerate, which like Ethereum powerhouse ConsenSys includes both an investment arm and an adjacent software company,open sourcedits proposal for self-sovereign derivatives trading on the Bitcoin blockchain, using the Lightning Network. These contracts turnbitcoin, the asset itself, into programmable money capable of a wider variety of functions. Related:Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked This offers a stark contrast to the typical DeFi approach so far, which relies on “wrapped”representationsofbitcoinor exchange platforms. The Silicon Valley startup cLabs recentlyacquiredDeFi firm Summa, which spearheaded the bitcoin-on-Ethereum approach. Now it looks as though DG Lab, founded in 2015, is the leading incumbent exploring DeFi opportunities for Bitcoin. Read more:These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It “I’ve been working on a proposal to integrate DLC [Discreet Log Contracts] and channels into the Lightning Network,” DG Lab researcher Ichiro Kuwahara said of hisrecentwork. “We can establish many contracts without broadcasting transactions on the blockchain.” This software uses the Lightning Network to execute business logic without clogging up the base-layer blockchain. The hottest trend among Bitcoin veterans these days is imagining DeFi functionality applied to the bitcoin currency through such layers. There are many opinions on how to approach this opportunity, from DLC to soft forks. Related:Bitcoin Surges Past $12,000 to New 2020 High Not everyone agrees on how to use Lightning for smart contracts. Bitcoin veteran Jeremy Rubin, who launched hisJudicastartup this summer, believes Blockstream’s Liquid Network, which companies like Crypto Garage use to experiment with such smart contracts, overcomplicates the construction. “I think we can do it much simpler. … It’s solvable on-chain but can be done in [Lightning] channels as well,” Rubin said in an interview, explaining how his proposedBitcoin soft forkcould optimize the base layer for smart contracts. “I can construct this contract, which is a derivative, without you being online. I can make a valid contract then email it to you.” Read more:This New Coding Language Could Help Unlock Bitcoin’s Smart Contract Potential These days, both ends of a Lightning transaction need to participate at roughly the same time for the payment to go through. (Or, at least, both need to set everything up in advance.) Rubin is arguing there’s a way to make it so one party can execute a consensual transaction. Public keys allow the other party to see, whenever they come online, proof of everything about the deal. “It’s this notion of flow and conditionality that doesn’t currently exist in Bitcoin,” Rubin said. “[These 2020 DeFi projects] are about helping define commutes … a sequence of steps that can happen based on choices along the way.” There are enough engineers working on DeFi options for Bitcoin that one of them might technically work, even if socially it doesn’t catch on. Only time will tell which ones find product market fit, and how that may or may not spur crypto adoption. Stepping back, the DeFi bulls at DG Lab Fundraised over $93 millionin 2019 and, according to the firm’sblog post, are raising a second fund in 2020. The fund invested in DG Lab, the separate namesake startup, which simultaneously attracted investors from Japanese enterprises including the e-commerce giant Kakaku.com and the telecommunications provider KDDI. Meanwhile, the DG Lab Fund itself invested in River Financial, Arwen, Blockstream and Curv, to name a few, in addition to startups in adjacent sectors such as AI and security. Read more:Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round “We have several startups that are working with DLC. For example,Suredbitsis one of the key players in this field and we are working closely with them,” said Shunichi Kimuro, senior manager at DG Lab Fund. “We wanted to show what is possible using the Bitcoin protocol by using our peer-to-peer [P2P] derivatives.” Yet another startup called Crypto Garage, in which DG Fund did not invest directly, is using Blockstream’s Liquid technology to explore this type of smart-contract software. Read more:Custody Startup Curv Follows Crypto Demand Into Asia With New Hong Kong Office “You define the outcomes of your contracts and create a transaction for each of the outcomes. And it can only be unlocked with one of the outcome transactions or with mutual agreement between the contract participants,” Crypto Garage engineer Thibaut Le Guilly said in an interview. Rubin pointed out that even if he disagrees with Le Guilly on certain aspects these Bitcoin projects have much more in common with each other than with Ethereum DeFi projects. “There’s a really big gap between DeFi, as Ethereum is trying to do it, and P2P finance,” Rubin said. “Uniswap is really great. But they tokenize their liquidity pools. … We [Bitcoiners] are talking about finding a way for people to work directly with each other.” Bitcoin DeFi projects aren’t using representatives of bitcoin, they want to enable traders to do tasks directly with bitcoin. “There are about 20 people in the Bitcoin community working on tools, applications and specifications for [Discreet Log Contracts], including at SuredBits,” Le Guilly said in an interview. “[Traders] don’t have to involve an exchange.” It appears as though Ethereum DeFi advocates offer a different interpretation of decentralization than their node-obsessed Bitcoiner brethren. Bitcoin advocates are focused on every user being able to participate in the network by running their own full financial stack, while Ethereum fans are more focused on the ability to offer their services from any data center around the world. Bison Trails CEO Joe Lallouz said his infrastructure startup can easily move accounts across borders, thanks in part to a distributed team. This, from his perspective, is a slightly decentralized step away from Silicon Valley norms. Read more:Token Sales Are Back in 2020 “If Amazon said you can’t run nodes, for example, we can very quickly and seamlessly move our infrastructure to other cloud providers,” Lallouz said. “Everyone at the same time would have to say the blockchain network is something we don’t support [to censor our customers] across the internet.” While Ethereum DeFi experiments attractquick flashes of capital, losing considerable sums as advocates iterate, Bitcoin DeFi experiments seem comparatively modest. Yet, veterans know not to underestimate the Bitcoin development scene in Tokyo, home to the creators of self-sovereignty experiments including BTCPay and DG Lab. This period may just be the calm before a perfect storm. “Once there are enough people to create a real market, we might offer services or tools we can monetize,” Crypto Garage’s Le Guilly said. “At this stage, our goal is to raise awareness about what can be done with Bitcoin.” • Bitcoin DeFi May Be Unstoppable: What Does It Look Like? • Bitcoin DeFi May Be Unstoppable: What Does It Look Like?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari.\n• The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.\n• Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.\n• According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000', 'Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari . The bellwether cryptocurrency\x92s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks. Bitcoin\x92s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500. According to Coin Metrics , 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September. Related Stories Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000', 'Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari.\n• The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.\n• Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.\n• According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000', '(Bloomberg) -- A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market. BitUniverse, a startup that counts China’s Shunwei Capital and ZhenFund among its backers, has a monthly trading volume of around $5 billion on its online brokerage platform, according to Beijing-based founder Chen Yong. And more than 80% of its 100,000-some users run a grid trading algorithm every day, which automates buy and sell orders at certain regular intervals to capitalize on normal price volatility, Chen said. The cryptocurrency boom of recent years has given birth to major exchange operators like Binance and Huobi -- but brokerage services, which play a major role in traditional financial markets, aren’t much of a presence in the arena. BitUniverse is among a new wave of startups hoping to become a one-stop platform for regular people to trade crypto like Bitcoin and Ether, providing them with the liquidity from a multitude of exchanges. Its algorithms help users place orders 24 hours a day, seven days a week -- which some exchanges offer but is more rare from brokerages. “Trading bots let users overcome their humanity flaws and become a rational investor,” Chen said in a video interview. That doesn’t mean they will be guaranteed to make money, he adds, but they will “at least lose less.” Chen, who co-founded utility app provider Cheetah Mobile Inc., started his crypto venture at the end of 2017. BitUniverse’s Pionex brokerage service launched a year ago and has already become a major cash cow for the firm. BitUniverse, which is incorporated in Singapore, now makes roughly $3 million a month by charging a fee of 0.05% per transaction to traders in places from China to Europe and the U.S, Chen said. About 80% of Pionex’s trades are fulfilled by the order books on Binance and Huobi, he said. In 2018, BitUniverse raised close to $10 million from prominent Chinese venture capital firms Shunwei, ZhenFund and Gaorong Capital at a $50 million valuation, according to the company. Chen runs a team of around 80 people, most of whom are developers hailing from Chinese tech firms including Cheetah, Alibaba Group Holding Ltd. and Baidu Inc., he said. Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market.\nBitUniverse, a startup that counts China’s Shunwei Capital and ZhenFund among its backers, has a monthly trading volume of around $5 billion on its online brokerage platform, according to Beijing-based founder Chen Yong. And more than 80% of its 100,000-some users run a grid trading algorithm every day, which automates buy and sell orders at certain regular intervals to capitalize on normal price volatility, Chen said.\nThe cryptocurrency boom of recent years has given birth to major exchange operators like Binance and Huobi -- but brokerage services, which play a major role in traditional financial markets, aren’t much of a presence in the arena.\nBitUniverse is among a new wave of startups hoping to become a one-stop platform for regular people to trade crypto like Bitcoin and Ether, providing them with the liquidity from a multitude of exchanges. Its algorithms help users place orders 24 hours a day, seven days a week -- which some exchanges offer but is more rare from brokerages.\n“Trading bots let users overcome their humanity flaws and become a rational investor,” Chen said in a video interview. That doesn’t mean they will be guaranteed to make money, he adds, but they will “at least lose less.”\nChen, who co-founded utility app provider Cheetah Mobile Inc., started his crypto venture at the end of 2017. BitUniverse’s Pionex brokerage service launched a year ago and has already become a major cash cow for the firm. BitUniverse, which is incorporated in Singapore, now makes roughly $3 million a month by charging a fee of 0.05% per transaction to traders in places from China to Europe and the U.S, Chen said. About 80% of Pionex’s trades are fulfilled by the order books on Binance and Huobi, he said.\nIn 2018, BitUniverse raised close to $10 million from prominent Chinese venture capital firms Shunwei, ZhenFund and Gaorong Capital at a $50 million valuation, according to the company. Chen runs a team of around 80 people, most of whom are developers hailing from Chinese tech firms including Cheetah, Alibaba Group Holding Ltd. and Baidu Inc., he said.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', 'An unsurprising statement from a financial regulator is sending some welcome signals that point to a spurt of innovation ahead.\nThe U.S. Office of the Comptroller of the Currency (OCC) issued a statement earlier this week saying that national banks can provide services to stablecoin issuers in the U.S.\nThis is not a surprise, as banks have been doing so for some time. But they have been doing so under a cloud of regulatory uncertainty. The statement gives the first sign of official clarity on the idea that stablecoins are legitimate representations of value.\nRelated:Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B\nWhy is this significant for markets?\nTo start with, it signals a growing regulatory acceptance of stablecoins. While fiat-backed blockchain-based tokens have been often talked about in the halls of power, especially after Facebook’s stablecoin project Libra was announced last year, they had not been recognized in an official statement as an acceptable result of financial innovation – until now.\nAnd the U.S. is not the only significant economic bloc to signal acceptance: Earlier this week, the European Central Bank (ECB)issued a reportthat assesses the threats stablecoins could pose. But rather than hint that stablecoins might be in trouble, the report conveys that the ECB\xa0isfiguring outhow to mitigate the potential risks.\nThe issue was becoming urgent, given the explosive increase in stablecoin demand. The total value of stablecoins has now surpassed $18 billion, up from $10 billion just four months ago. Much of this growth has been driven by international demand for dollars as well as the increasingly sophisticated financial tools being built on top of public blockchain technology. USDC, the leading U.S.-based stablecoin, has seen its market cap almost quadruple so far this year, to over $2 billion.\nRelated:The Biggest Story in Crypto: The Stablecoin Surge and Power Politics\nReading between the lines, the message goes even further. Acceptance is one thing; support is another. The OCC is signaling to banks that stablecoin activity is legitimate, and that reserve accounts will be offered the same federal protections as any other.\nThis could incentivize banks to actively seek stablecoin business, and in so doing, broaden both their client Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,915,864,881 - Hash Rate: 123857644.31701957 - Transaction Count: 295476.0 - Unique Addresses: 629197.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byCrypto.com,BitstampandNexo.io. Related:What’s Actually Happening With Inflation Right Now Earlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin. See also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation One of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids. While much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin. Related:Bitcoin Surges Past $12,000 to New 2020 High Read:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold? • Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?... - Reddit Posts (Sample): [['u/whis1234', '10k in to the exchange.... advice??', 19, '2020-09-28 03:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/', 'I was thinking about putting 10 grand into Bitcoin onto an exchange, is this a good idea? Need advice.\n\nNot accepting any private messages.\n\nThank you ♥️', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/', 'j12l5d', [['u/southofearth', 14, '2020-09-28 03:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/g6ws46t/', 'No, learn how to set up your own wallet and keep it there, not on an exchange. Write down your 12 word seed on a piece of paper, not online, and never show it to anyone. I suggest you also spend at least 1 month researching being your own bank before you buy anything.', 'j12l5d']]], ['u/stackingsatseveryday', 'What is the greatest threat to bitcoin’s success beyond 2020?', 22, '2020-09-28 04:11', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/', 'As of today (September 2020), what do you think is the greatest threat to bitcoin’s success in getting to 6-digit price? \n\n- Other cryptos \n- Government’s banning/regulations\n- Governments decide to become fiscally responsible \n- Mining becomes unprofitable\n- Network becomes too congested when price rise and transaction fees get too prohibitively expensive\n- Failure of micropayments (LN turns out to be not usable/scalable)\n- Tether getting audited and bring down all cryptos\n- solvency issues and liquidity crisis\n- something else not mentioned?\n\nThoughts?', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/', 'j13mzq', [['u/xtal_00', 12, '2020-09-28 06:39', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/g6xa8ct/', "There are no credible threats to Bitcoin at this stage.\n\nI don't say that lightly.", 'j13mzq']]], ['u/ShadowOrson', 'According to George Donnelly the Chinese BCH users/community desire: faster confirmation times, faster entry and exit from exchanges, an increased price and more adoption and forward movement', 35, '2020-09-28 04:19', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/', 'In the post "[Chinese BCH users are interested to see what the protocol development roadmap is post-ABC. Any word on that?](https://old.reddit.com/r/btc/comments/izlu5p/chinese_bch_users_are_interested_to_see_what_the/)" created about 48 hours ago there is [this comment by George Donnelly](https://old.reddit.com/r/btc/comments/izlu5p/chinese_bch_users_are_interested_to_see_what_the/g6vq7o6/), an emissary of the Chinese BCH users/community informed, me that the Chinese BCH users/community desire: \n\n* faster confirmation times,\n\n* faster entry and exit from exchanges,\n\n* increased price and\n\n* more adoption\n\n* and forward movement\n\nI am very interested in understanding what the Chinese BCH users/community are doing to address the issues that are important to them.\n\nCan the Chinese BCH users/community provide the research they have done regarding "faster confirmation times". What is the minimum reduction in confirmation sought?\n\nI am interested in knowing what efforts the Chinese BCH users/community have gone to get exchanges to address "faster entry and exit from exchanges". Is there a difference between Chinese and non-Chinese exchanges entrance and exit times? What is their target for "faster entry and exit from exchanges"?\n\n\nWhat are the Chinese BCH users/community doing to "increase price"? What do they expect others to do regarding "increased price"?\n\nWhat steps are the Chinese BCH users/community taking towards "more adoption"?\n\nCould the Chinese BCH users/community provide some specific information on what "forward movement" means?', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/', 'j13r3k', [['u/jonas_h', 20, '2020-09-28 05:44', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6x5ve8/', "And he would say he got kicked out by pro-ABC people who don't want him to educate the Chinese on the upcoming split. And that you're the one spreading disinformation.\n\nWho's right? I don't know, but that they've been requesting faster confirmations is well known. And who doesn't want increased price and adoption?", 'j13r3k'], ['u/JonathanSilverblood', 15, '2020-09-28 07:07', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xcbii/', 'Of this list above there are some things that are somewhat dependent on eachother:\n\n"faster entry and exit from exchanges" requires an increase in relative hashrate ("increased price") and that is achieved by "more adoption" which can be got with "forward movement".\n\nIt would seem that what\'s really desired then, is positive marketing. We recently have had multiple flipstarters trying to build that positive marketing, and while the donations are anonymous I haven\'t really seen any clear and strong engagement from the chinese on these flipstarters. I\'m starting to wonder what the reason for this is, as understanding how to get the "chinese community" engaged in providing value to the ecosystem in a more public way could turn out to be highly beneficial.\n\nFor the last item, faster confirmation times, it is beeing looked into by u/jtoomim but we\'ll have to wait and see what the research has to say about the risks and benefits before considering that change.', 'j13r3k'], ['u/jtoomim', 18, '2020-09-28 07:19', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xd41p/', "I'm of the opinion that we should be able to reduce block times to something in the 60-150 second range while still being able to achieve our scaling goals without any fancy changes to the code (just some improvements to block propagation and to the network layer), and we could probably get block times down to around 6 seconds if we significantly restructure BCH to make use of a block DAG instead of a block chain. \n\nHowever, there is a natural dependency here: the optimal block interval depends a lot on the quality of the networking layer and the block propagation algorithm, so we should really focus on improving and benchmarking those first so that we know what kind of block interval to target. That means that this is an issue that is better discussed in 2021, and will probably be ready for deployment around 2022.\n\nWe could do it faster than that, but there would be a significant cost from rushing the development, testing, and deployment, and there's a big chance we'd get a non-optimal change and have to change it again in a few years. Better to do it once and do it right, in my opinion.", 'j13r3k'], ['u/jtoomim', 11, '2020-09-28 08:52', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xj1qn/', 'Yes, the change would decrease the reward in proportion to the reduction in block time, and also change the halving heights accordingly. It would also probably be best to change the nLockTime value interpretations for smart contracts so that the valid nLockTimes for pre-fork scripts were adjusted to happen at about the same time (rather than the same raw height) as before the change.\n\nThese changes make it so that it is best if the new target block time is an integer dividend of the old block time -- e.g. 5 minutes, 3.333 minutes, 2.5 minutes, 2 minutes, 1.666 minutes ... 1.0 minute, ... 45 seconds, ... 30 seconds, or whatever.', 'j13r3k'], ['u/moleccc', 10, '2020-09-28 09:03', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xjnyi/', "Yeah, this is basically: let me trade more efficiently and please make number go up. Those are the wishes of get-rich-quick minds, which is fine, but it may explain the lack of contributions to flipstarters by those people. And don't get me wrong: there's an abundance of this mindset around outside of China, too.", 'j13r3k'], ['u/jtoomim', 17, '2020-09-28 11:07', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xq6tw/', "This is a common misconception. The truth is that shorter block intervals do help with achieving enough finality behind transactions for exchanges to trust them.\n\nhttps://blog.ethereum.org/2015/09/14/on-slow-and-fast-block-times/\n\nGo compare the amount of time needed by most exchanges for ETH deposits/withdrawals vs BTC or BCH. It's a huge difference.", 'j13r3k'], ['u/ThomasZander', 11, '2020-09-28 11:29', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xr98u/', "> It would seem that what's really desired then, is positive marketing. We recently have had multiple flipstarters trying to build that positive marketing, and while the donations are anonymous I haven't really seen any clear and strong engagement from the chinese on these flipstarters.\n\nI do agree on this, and your question of how the Chinese are (not) currently helping there is relevant. Maybe /u/georgedonnelly can reflect on this with them.\n\nThe push from the Chinese to move all guns from backing ABC to now backing BCHN seems they still don't get the basic idea of decentralization. The repeated questions for a roadmap is showing the same problem.\n\nThe strength of Bitcoin Cash lies with decentralized innovation. Sometimes called permissionless innovation. This is an immense strength because the moment we remove the central coordination part, we free everyone to do what they want to grow our coin. As our community grows we will get more developers. We have less than 20 now, what happens when we have 200 or 2000?\n\nIf you go from 20 to 2000 developers in a community where there is a roadmap, you may go up in speed a littl... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['PepsiCo Inc’s third quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according to Morgan Stanley equity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales. The U.S. multinational food, snack and beverage corporation, PepsiCo is set to report third-quarter 2020 results on Thursday, October 1 , before market open. “We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex- COVID ) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said. “Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).” Morgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA). For the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India. Story continues PepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year. Several other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and \xa0Guggenheim raised their target price to $151 from $148. Eleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks. “PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said. “We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.” Upside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring. Downside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes. Check out FX Empire’s earnings calendar This article was originally posted on FX Empire More From FXEMPIRE: Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40 Weekly Recap: Bitcoin and Ethereum Go Into the Red USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695', 'PepsiCo Inc’sthird quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according toMorgan Stanleyequity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales.\nThe U.S. multinational food, snack and beverage corporation, PepsiCo is set to reportthird-quarter 2020 results on Thursday, October 1, before market open.\n“We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex-COVID) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said.\n“Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).”\nMorgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA).\nFor the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India.\nPepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year.\nSeveral other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and \xa0Guggenheim raised their target price to $151 from $148.\nEleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks.\n“PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said.\n“We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.”\nUpside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring.\nDownside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes.\nCheck outFX Empire’s earnings calendar\nThisarticlewas originally posted on FX Empire\n• Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery\n• Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume\n• Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40\n• Weekly Recap: Bitcoin and Ethereum Go Into the Red\n• USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk\n• EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695', 'Inovio Pharmaceuticals, Inc. (INO) shares plummeted 28.34%Mondayafter the biotech company announced that the U.S. Food and Drug Administration (FDA) had put its COVID-19 vaccine on hold until it answers further questions about its vaccine technology.\nThe company previously told investors that it had intended to move to Phase 3 trials this month, in line with other developers searching for the elusive vaccine, but now must wait until the fourth quarter for the FDA’s findings before it can move forward. “The company is actively working to address the FDA’s questions and plans to respond in October,” Inovio said in a statementcited by the Wall Street Journal.\nInovio’s vaccine, which aims to provide immunity to the virus by inserting genetic instructions into cells to get them to release a protein found on the coronavirus, insisted that the early-stage trial o Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,915,864,881 - Hash Rate: 135379285.64883536 - Transaction Count: 347696.0 - Unique Addresses: 735651.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers. Announced Wednesday, Toronto-based Coinberry has acquired a financial institution bond, a requirement for registration with its provincial securities regulator, the Ontario Securities Commission. The move is a concrete example of a general tightening of regulation in Canada, particularly in the wake of the Quadriga debacle . Related: A New Attempt to Tokenize Real Estate Projects in Mexico and Canada “Every Canadian crypto user remembers Quadriga and the impact of that is still fresh in the back of their minds,” said Coinberry CEO Andrei Poliakov. “People still have to trust exchanges and platforms to use crypto and the investment on Coinberry’s part protects against the corrupt human element that has struck the personal finances of many Canadians.” Read more: Gerald Cotten: Mystery Man In the U.S., surety bonds of this type, which provide insurance in case of dishonest or fraudulent acts by employees, have been a requirement for crypto firms to be registered with FinCEN for some time . However, to qualify as a money service business in Canada with its version of FinCEN, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) – with which Coinberry is already registered – does not require a financial institution bond. Related: Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds In this respect, Poliakov believes “wholeheartedly” that Coinberry is the first crypto firm to go the extra mile. “We applied for registration with the OSC and we’ve been going through that process for quite some time,” said Poliakov. “One of the requirements was to have our financial statements publicly audited, by MNP in this case, and another requirement was to have a financial institution bond in place.” Story continues Read more: Canadian Municipality Set to Accept Bitcoin for Property Tax Payments Coinberry’s surety bond is underwritten by the Lloyd’s of London insurance market and the coverage limit is CAD$1,000,000 ($764,000) per claim/incident, said Poliakov. Neither Lloyd’s nor the OSC returned requests for comment by press time. There may well be other crypto firms in the process of going through the registration process with the OSC, Poliakov said, adding that a general clampdown when it comes to crypto compliance has seen Ontario regulators blocking firms that don’t play ball. Last week, BitMEX was blocked from serving Ontario-based customers. “I cannot speak to whether the others in Canada are in the process of getting this,” Poliakov said in a follow-up email. “I do know some platforms are not applying at all, while others (like BitMEX) have already received instructions from the OSC to cease operation in Ontario because they are not going the registration route.” Related Stories Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Professional football club in Italy forms partnership with world’s biggest digital lottery Crypto Millions Lotto named Official Online Lottery Partner Crypto Millions Lotto named Official Online Lottery Partner LONDON, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire -- Crypto Millions Lotto , the world’s biggest digital lottery, has been named as the Official Online Lottery Partner of Italian Serie A club Atalanta B .C. It’s the first-ever partnership between an online lottery and a Serie A club. A coming together of two organisations, rising stars in different industries, that share the same bold approach. Both organisations are known for punching above their weight. Crypto Millions Lotto disrupts traditional lotteries by offering jackpots many times larger than their more established national competitors. Atalanta B.C. have established themselves as a top performer, finishing third in Serie A last season, ahead of some the world’s best-known clubs. To demonstrate the pioneering approach of this partnership, one of the major steps it will take is to bring the world’s most widely used alternative currency, Bitcoin, into the mainstream. Commenting on the partnership, Crypto Millions Lotto CEO Sulim Malook said, “We are delighted to have found a partner that has the same disruptive approach as us. With their outstanding performances in Serie A, and having established themselves on the world stage, Atalanta B.C. were an obvious choice of partner for us. This is going to be an exciting year for us both. We are planning to add a number of new lotteries to our site plus the ability to play using credit cards, whilst Atalanta B.C. will be mixing it with Europe’s elite clubs as they challenge for the Champions League again. We’re big football fans and we’ll be supporting them all the way.” Romano Zanforlin, Commercial Director of Atalanta B.C., said, “We’re excited to partner with Crypto Millions Lotto, an ambitious company that is keen to increase its exposure with the help of Atalanta Bergamasca Calcio’s brand and global reach. We look forward to developing our relationship, which will also see our brand reach new audiences in Asia, Eastern Europe and Latin America.” Story continues About Crypto Millions Lotto Crypto Millions Lotto is a lottery licensed to operate in more than 180 countries. Jackpots are fully insured and start at a whopping US$30 million, and roll over each draw until they’re won, which on average is every 3½ weeks. Draws are based on the outcome of the German National Lottery, which has been operational since 1955 and is televised twice weekly. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency. Soon, players will be allowed to join the world’s biggest lottery syndicate and play using digital tokens. Crypto Millions Lotto is the trading name of UK based Wilmington Holdings PLC. For more information, visit https://www.cryptomillionslotto.com/ About Atalanta Bergamasca Calcio Atalanta is a professional football club based in Bergamo that plays in Serie A, Italy’s premier league. The club is nicknamed La Dea , the Nerazzurri and the Orobici . Founded in 1907, Atalanta play in black-and-blue colours. Their stadium is the 21,300 seat Gewiss Stadium. In 2019-20, Atalanta reached the quarter finals of the UEFA Champions League and were beaten by finalists Paris Saint-Germain. They have managed to qualify for the same competition this 2020-21 season and hope to better last season’s achievements. For more information, visit https://www.atalanta.it/ For media/press inquiries contact: [email protected] [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0a24ed7d-ad9a-4fd4-bf7e-168d11d09b70', 'LONDON, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire --Crypto Millions Lotto, the world’s biggest digital lottery, has been named as the Official Online Lottery Partner of Italian Serie A clubAtalantaB.C.\nIt’s the first-ever partnership between an online lottery and a Serie A club. A coming together of two organisations, rising stars in different industries, that share the same bold approach.\nBoth organisations are known for punching above their weight. Crypto Millions Lotto disrupts traditional lotteries by offering jackpots many times larger than their more established national competitors. Atalanta B.C. have established themselves as a top performer, finishing third in Serie A last season, ahead of some the world’s best-known clubs.\nTo demonstrate the pioneering approach of this partnership, one of the major steps it will take is to bring the world’s most widely used alternative currency, Bitcoin, into the mainstream.\nCommenting on the partnership, Crypto Millions Lotto CEO Sulim Malook said, “We are delighted to have found a partner that has the same disruptive approach as us. With their outstanding performances in Serie A, and having established themselves on the world stage, Atalanta B.C. were an obvious choice of partner for us. This is going to be an exciting year for us both. We are planning to add a number of new lotteries to our site plus the ability to play using credit cards, whilst Atalanta B.C. will be mixing it with Europe’s elite clubs as they challenge for the Champions League again. We’re big football fans and we’ll be supporting them all the way.”\nRomano Zanforlin, Commercial Director of Atalanta B.C., said, “We’re excited to partner with Crypto Millions Lotto, an ambitious company that is keen to increase its exposure with the help of Atalanta Bergamasca Calcio’s brand and global reach. We look forward to developing our relationship, which will also see our brand reach new audiences in Asia, Eastern Europe and Latin America.”\nAbout Crypto Millions LottoCrypto Millions Lotto is a lottery licensed to operate in more than 180 countries. Jackpots are fully insured and start at a whopping US$30 million, and roll over each draw until they’re won, which on average is every 3½ weeks. Draws are based on the outcome of the German National Lottery, which has been operational since 1955 and is televised twice weekly. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency. Soon, players will be allowed to join the world’s biggest lottery syndicate and play using digital tokens.\nCrypto Millions Lotto is the trading name of UK based Wilmington Holdings PLC.\nFor more information, visithttps://www.cryptomillionslotto.com/\nAboutAtalantaBergamascaCalcioAtalanta is a professional football club based in Bergamo that plays in Serie A, Italy’s premier league. The club is nicknamedLaDea, theNerazzurriand theOrobici. Founded in 1907, Atalanta play in black-and-blue colours. Their stadium is the 21,300 seat Gewiss Stadium.\nIn 2019-20, Atalanta reached the quarter finals of the UEFA Champions League and were beaten by finalists Paris Saint-Germain. They have managed to qualify for the same competition this 2020-21 season and hope to better last season’s achievements.\nFor more information, visithttps://www.atalanta.it/\nFor media/press inquiries contact:[email protected]@atalanta.it\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0a24ed7d-ad9a-4fd4-bf7e-168d11d09b70', 'Bitcoin, BTC to USD, rose by 1.33% on Tuesday. Reversing a 0.83% loss from Monday, Bitcoin ended the day at $10,856.0. It was a mixed start to the day. Bitcoin fell to an early morning low $10,674.2 before finding support. Steering clear of the major support levels, Bitcoin struck a late morning high $10,815.4 before hitting reverse. Coming up short of the major resistance levels, Bitcoin slid to a late afternoon intraday low $10,654.0. Steering clear of the first major support level at $10,585, Bitcoin rallied to a final hour intraday high $10,889.0. Falling short of the first major resistance level at $10,915, Bitcoin eased back to end the day at sub-$10,860 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Chainlink (-1.19%), Crypto.com Coin (-1.92%), and Polkadot (-0.36%) bucked the trend on the day. It was a bullish day for the rest of the majors. Binance Coin rallied by 7.20% to lead the way. Bitcoin Cash SV (+1.74%), Cardano’s ADA (+1.09%), Ethereum (+1.76%), Litecoin (+1.08%) also found solid support. Bitcoin Cash ABC (0.11%) and Ripple’s XRP (+0.83%) trailed the front runners, however. In the current week, the crypto total market fell to a Monday low $321.20bn before rising to a Tuesday high $341.14bn. At the time of writing, the total market cap stood at $337.21bn. Bitcoin’s dominance rose to a Monday high 61.23% before falling to a Tuesday low 58.93%. At the time of writing, Bitcoin’s dominance stood at 59.31%. This Morning At the time of writing, Bitcoin was down by 0.28% to $10,826.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,866.0 before falling to a low $10,826.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Bitcoin Cash ABC (+0.54%), Bitcoin Cash SV (+0.62%), and Crypto.com Coin (+0.65%) bucked the trend early on. It was a bearish start to the day for the rest of the majors, however. At the time of writing, Binance Coin was down by 1.18% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $10,800 to bring the first major resistance level at $10,945 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,900 levels. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely cap any upside. In the 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: 2020-09-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,914,324,303 - Hash Rate: 149781337.3136051 - Transaction Count: 351417.0 - Unique Addresses: 748143.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Price Point Bitcoin slid 4.1% Wednesday to about $11,430, wiping out the prior day’s gains and then some, as the U.S. dollar strengthened against the euro and other major currencies and reports surfaced that a major South Korean crypto exchange had been raided . The move lower pushed the largest cryptocurrency back toward the middle of its range over the past month, between roughly $10,500 and $12,400. Related: Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage Mati Greenspan, founder of the digital-asset and foreign-exchange analysis firm Quantum Economics, put a positive spin on bitcoin’s recent performance in a note to clients on Tuesday. “One can’t help but wonder whether the underperformance of bitcoin in this market is actually a further sign of it moving toward being considered a safe-haven asset,” Greenspan wrote. “If all the risk assets are outperforming, then surely the property of stability should count for something.” Market Moves Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase while driving up fees and congestion on the Ethereum blockchain. Uniswap, a semi-automated platform for matching buyers and sellers of cryptocurrencies and other digital assets, saw its trading volume climb to $953.59 million on Tuesday, a more than ten-fold gain over the past month, according to the website uniswap.info . The 24-hour trading volume has crossed above $1 billion – at least 50% higher than daily trading volumes observed on Coinbase Pro, the largest U.S.-based centralized cryptocurrency exchange. Story continues Related: Around the Crypto World in 15 Charts: CoinDesk Research's August Review The rise of decentralized exchanges, or DEXs, represents a new chapter of this year’s boom in decentralized finance. The fast-growing ecosystem, known as DeFi, consists of automatic lending and trading platforms, built atop distributed computing networks like Ethereum and constructed from open-source software and programmable cryptocurrencies. They aim to provide more efficient and less costly ways of conducting transactions currently handled by banks and traditional exchanges. “It indicates that the DeFi flippening is real and already here,” Denis Vinokourov, head of research at the London-based prime brokerage Bequant, told CoinDesk in a Telegram chat. “ Flippening ” is crypto jargon, used loosely to indicate the hypothetical moment when one blockchain or digital-asset trend overtakes another. Read More: DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume -Omkar Godbole Meanwhile, traditional market exchanges are struggling with outages long familiar to their crypto counterparts. Both crypto exchanges and popular online trading platforms including Schwab, TD Ameritrade and Robinhood have a rising number of young investors who, working from home during the coronavirus pandemic, spend some of their work hours trading for their own personal accounts. These platforms have another thing in common: outages in the midst of high volume. On Monday, login issues were reported from customers on Robinhood, along with a few other similar trading platforms including giants TD Ameritrade and Schwab. The outage was allegedly caused by the stock splits of Apple and Tesla. Silicon Valley-based Robinhood was the subject of more than 400 complaints reported to U.S. regulators during the first half of 2020. Like traditional platforms, crypto exchanges have been troubled by outages for a long time, even after they pledge to take more steps to improve stability and reduce outages. These mainstream companies may be able to learn something from the experience of crypto exchanges. One main cause of outages at crypto exchanges is hardware failure, and the solution is to build in redundancy, Dave Weisberger, co-founder and CEO of execution provider CoinRoutes, told CoinDesk in a phone interview. By now, most exchanges have built fully redundant systems, he said, and as a result any outages caused by hardware failures are usually short-lived. The other cause, more common, is a change in a new piece of code that was not thoroughly tested. Bugs in the new code can be triggered at a later time by an unplanned situation such as a surge in trading volumes, resulting in an outage. “Building software which scales to serve so many users is really hard, and the operational work to make sure servers stay up and running is quite difficult,” Tushar Jain, managing partner at Multicoin Capital, told CoinDesk in a Twitter direct message. Read More: Exchange Outages Are Going Mainstream: What Robinhood Can Learn From Crypto -Muyao Shen Bitcoin Watch Bitcoin prices slid 4.4% on Wednesday as the U.S. dollar strengthened, reinforcing the cryptocurrency’s negative correlation with the greenback. The U.S. Dollar Index (DXY) was trading near 92.50 at press time, having clocked a 29-month low of 91.75 on Tuesday. “Corrective pressures are giving the greenback a reprieve,” according to Marc Chandler, a former chief currency strategist for the giant British bank HSBC. The dollar is most oversold in 40 years and could continue to gain altitude in the short-term, keeping bitcoin under pressure. The cryptocurrency’s technical charts are also signaling scope for temporary pullback. Bitcoin’s repeated rejection above $12,000 observed over the past four weeks is suggestive of bull fatigue. On the downside, major support is located at $11,000. – Omkar Godbole Token Watch Ether ( ETH ): Ethereum network transaction fees set a record once again as DeFi becomes even pricier. Ethereum Classic ( ETC ): Ethereum Classic Labs airs new plan to stop future 51% attacks after getting hit three times in the past month and losing millions of dollars of cryptocurrency to double-spends. Binance coin (BNB): World’s biggest cryptocurrency exchange launches its own smart-contract-enabled blockchain, with staking for the native BNB token . Yearn.Finance (YFI): MakerDAO departed chief Mariano Conti says phenom token represents “ most interesting thing that has happened to DeFi .” What’s Hot Police reportedly raid headquarters of Bithumb, South Korea’s largest crypto exchange (CoinDesk) Coffee-bean supplier sells $300M of 5.5-year crypto bonds via HSBC, Singapore exchange (CoinDesk) Bitcoin miners saw 23% revenue increase in August (CoinDesk) Bermuda pilots “digital stimulus token” with Stablehouse to help rejuvenate economy (CoinDesk) Minting dozens of coins a day, speculators tap into crypto craze (Bloomberg) Is buy-and-hold really the best strategy in crypto? (Hacker Noon ) Total value on Bitcoin’s Lightning Network sets another record amid market rally (CoinDesk) Coinbase building platform to help crypto startups launch tokens, raise cash (CoinDesk) Analogs The latest on the economy and traditional finance Argentina’s creditors to get back just over half of the $2.75B 100-year bonds sold three years ago (WSJ) Top exec at $138B hedge fund Bridgewater says U.S. economy needs $1.3T-$1.7T of fresh stimulus to sustain recovery (CNBC) Trump pledges to “help the airlines” as industry loses $5B a month (Reuters) Federal Reserve buying $100B of mortgage bonds a month, pushing down rates (Bloomberg) U.S. job growth to slow over next decade even as Fed prioritizes employment over inflation (CNBC) Indonesia to digitalize state-owned enterprises for competitiveness (Nikkei Asian Review) Deutsche Bank says “immediate deflationary pressures look to have been averted.” Tweet of the Day Related Stories First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Wednesday, September 30, 2020', 23, '2020-09-30 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/', 'j2f26d', [['u/ThatOtherGuy254', 15, '2020-09-30 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g75a8ol/', 'Bitcoin is used by more than just the US though.', 'j2f26d'], ['u/_supert_', 19, '2020-09-30 15:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g763ds5/', '"Teh" is a commonly used phrase in instant messaging services like MSN, BEBO and is often frowned upon when it is used excessively. . \u200f\u200f\u200f\u200f\u200f\u200f\u200f\u200f\u200f. At first the word came about where the person writing made a typo and it was thought to be a funny/new word to use when typing to someone.. Wait, why the hell am I here?.. What if, among the infinite monkeys bashing away on typewriters, one of the typewriters achieved sentience?.', 'j2f26d'], ['u/InLimbo21', 13, '2020-09-30 17:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g76ikk7/', "I was warning everyone this week that stimulus package 2.0 is the biggest risk to anyone short in stocks and Bitcoin leading up to the election. Looks like its about 99% confirmed and the big boys are front running the news in stocks. We're going to have a short term melt up in stocks and Bitcoin in my opinion leading up to the election.\n\n4000 for SPY, 14500 for BTC. Strap in October gonna be a fun month. Don't be caught when BTC snaps to 12500.", 'j2f26d'], ['u/InLimbo21', 10, '2020-09-30 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g76l15x/', 'Usually a sign BTC is going to make a huge move.', 'j2f26d'], ['u/alieninthegame', 11, '2020-09-30 19:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g771eue/', "no you don't. stock market is up today, bitcoin is down.", 'j2f26d'], ['u/cryptogrip', 12, '2020-09-30 19:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g771mas/', "More about how the global economy is doing during a liquidation and debt crisis. So you'll be happy to know there's a huge chance that Bitcoin will return to being non correlated once things start to recover on a global level. Remember, during a liquidation crisis there is no sure safe haven because people need to squeeze liquidation put of every possible source when things get really bad.", 'j2f26d'], ['u/BonzoDDDB', 15, '2020-09-30 23:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g77x5cg/', 'It hasn’t aged at all yet', 'j2f26d'], ['u/A__R__I', 14, '2020-09-30 23:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g781ftg/', "Absolutely love the silence in here! Hope ya'll are accumulating.", 'j2f26d']]], ['u/Help_An_Irishman', 'Which "Audible Only" titles do you feel were really worth your credit? Which might you return to in the future?', 44, '2020-09-30 06:26', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/', 'EDIT: Thanks so much for all the suggestions, everyone! I\'ll be looking over them and I\'m sure I\'ll pick up some new series. Appreciate it!\n\nI have 4 credits burning a hole in my pocket and my billing cycle is about to renew, but I have such an enormous backlog that I\'m planning to cancel my subscription in a couple days before that happens.\n\nAfter being a long-time Audible user, I\'ve instead been using Overdrive to borrow free audiobooks through my library for the most part, as there\'s always something good to read and I don\'t need to pay $15 a pop for a book when there are libraries out there.\n\nSo in the last year or so I\'ve mostly gone through Audible to pick up titles that are either Audible exclusives, or something that I\'m confident that I\'ll want to return to and listen to again in the future (books that are worth more than one read through).\n\nI wish that Audible had a feature where you could filter a search to show exclusives only (those with the yellow "Only from Audible" banner on them), but I thought I\'d turn to you guys for recommendations on that front.\n\nI really enjoy horror (King, etc.), fantasy (Sanderson, Tolkien, etc.), science fiction (Gibson, Dick), etc., but I\'m definitely open to a good motivational book, books on writing, screenwriting and voice acting, things about Bitcoin and investing, classic dramas like East of Eden, and so on.', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/', 'j2fd7t', [['u/supermarketsweeps25', 12, '2020-09-30 06:38', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g7565ki/', 'The Sandman.\n\nI LOVE the audible exclusive that came out in July. I highly HIGHLY recommend. \n\nAnd anything by Neil Gaiman that is narrated by him. His voice is just magical.', 'j2fd7t'], ['u/nasadge', 31, '2020-09-30 06:42', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g756gsu/', "Check out the Bob verse books. I was hesitant at first but it's pretty good. The first 2 or 3 are absolutely worth it.", 'j2fd7t'], ['u/devin_mm', 22, '2020-09-30 07:45', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g75b6ir/', 'I really like Peter Clines\' "[Threshold Universe](https://www.audible.com/series/Threshold-Universe-Audiobooks/B07CTLQHD4?ref=a_search_c3_lSeries_1_1_1&pf_rd_p=e81b7c27-6880-467a-b5a7-13cef5d729fe&pf_rd_r=C36T9DA6MPH51ZTBX46D)"\n\nThe first first book is [14](https://www.audible.com/pd/14-Audiobook/B0089Y7K0M?ref=a_series_Th_c5_lProduct_1_1&pf_rd_p=284b47b1-a5db-4711-9667-612f2ac7458e&pf_rd_r=P2050KRT9YG89GD4Y23D)\n and the entire series is narrated by Ray Porter.', 'j2fd7t'], ['u/lockwoot', 14, '2020-09-30 10:59', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g75m3iq/', 'Sheer value? Sherlock Holmes narrated by Stephen Fry. 72 hours of content.\n\nDirk Gently: Two BBC Radio Full-Cast Dramas or Terry Pratchett: BBC Radio Drama Collection are stellar.', 'j2fd7t']]], ['u/RedPill43', 'r/Bitcoin Moderator removed my post for not being bullish on Bitcoin?', 18, '2020-09-30 07:18', 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/', "[https://www.reddit.com/r/Bitcoin/comments/iybvhf/microstrategy\\_ceo\\_could\\_liquidate\\_200m\\_in\\_bitcoin/](https://www.reddit.com/r/Bitcoin/comments/iybvhf/microstrategy_ceo_could_liquidate_200m_in_bitcoin/)\n\nWhy? I didn't receive any messages from moderator. Checked the post but didn't find anything wrong with it.", 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/', 'j2g2n4', [['u/greengenerosity', 22, '2020-09-30 07:43', 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/g75b10r/', "There is a rule on the sub that you can't post about the price. It shows up in the old reddit format. And to a lesser extent not post about market speculation news. The sub is supposedly about discussing Bitcoin itself. \n\n\nWhich really means that you can post memes when the price goes up, and maybe news relating to things about the price going up, but you can't post things about things that can make the price go down. \n\n\nChances are that there is keywords or criteria that makes it more likely to be autoremoved or looked at and moderated.", 'j2g2n4']]], ['u/georgiobtc', 'A matter of time', 39, '2020-09-30 08:14', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/', 'If you stacked $100 worth of bitcoin every week since the last US presidential debate you would have over 6.15 right now...\n\nTotal spent: $20800\nCurrent value: $69000', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/', 'j2grt7', [['u/The_Hominem', 21, '2020-09-30 08:25', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/g75dux9/', '6.15 BTC... The perfect amount of bitcoin to hold.', 'j2grt7']]], ['u/rBitcoinMod', 'Daily Discussion, September 30, 2020', 15, '2020-09-30 09:01', 'https://www.reddit.com/r/Bitcoin/comments/j2hbdt/daily_discussion_september_30_2020/', "Please utilize ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['LONDON, ENGLAND / ACCESSWIRE / October 1, 2020 /After 5 years as "Spectrecoin\' the project announces a brand evolution to become \'Alias.\' This also includes a new effort around improved communications, investor relations, and business development for this well-established innovator in privacy and proof of stake technology.\nGovernments are striving to criminalize digital privacy under the pretense of increasing online safety and prevent money laundering. As a result, many exchanges have been delisting privacy projects whose only aim is to protect one\'s right to privacy online. Established projects like Alias and newcomers alike are working overtime despite this adversity and keep releasing bleeding edge technology.One has to only look at recent Github activity, it is clear that privacy projects are ramping up their development and delivering on their roadmaps, with projects like ZCoin, PIVX, ZCash, Monero, and Particl, to name a few. It seems like the crackdown is not slowing these privacy projects down, and Alias is confident in the need for its tech and tools as well."Privacy for the users is at the heart of everything we do," says Eirik Korsell, Project Steward at Alias. "..no attempt should be made to criminalize digital privacy; it should be an undisputed right."The news of this under the radar project comes in the wake of many recent initiatives and accomplishments for the Alias team, including:- Developing a unique Proof-of-Stake protocol using ring-signatures, facilitating a private staking mechanism not seen before in any other cryptocurrency.- Integrating Tor as a part of the code-base; providing robust network security, protecting users\' real-world IP address.- Solving a well-known privacy issue affecting decoy-based currencies like Monero and Grin by developing unique algorithms to mitigate this. (see link below)- Ensuring the full software could run on a Raspberry Pi, providing a low-cost, eco-friendly option for those with low-powered devices.- Soon to release a world-first for an Android app, fully-featured Anonymous Proof-of-Stake (APoS) allowing mobile users to earn rewards while maintaining their right to privacy.Why the Re-brand?The brand evolution will better reflect what Alias seeks to communicate and achieve, and will better enable it to fight the stigma of online privacy. At the same time, it will differentiate us from many other "Spectre" named projects.Eirik says, "We wanted a name which sounded more like a currency, felt more mainstream and brought a more positive vibe to the project and it\'s innovative and useful technology." "We\'re working to enhance all our communications towards reaching a broader audience while continuing to develop our advanced privacy technology."Why the name ALIAS?Creating an online persona or alias" can be one way to help protect oneself against the intrusions of a hyper-connected world. An alias allows for a greater amount of separation between personal and online life. Ultimately it provides an easy way to be online and less of a need to worry about potential threats from cybercriminals. This rings true for one\'s financial life, and thus the name was a perfect fit.Alias also understands there are situations where private transactions are unsuitable, thus allowing its users to choose between a public or private transaction. They have made it possible to offer this alternative without compromising the secure private transactions, preserving the right to privacy, and championing the freedom of choice.Alias is ideally positioned to excel in challenging the competition, leveraging its unique set of privacy features. Alias offers an intuitive, easy to use wallet, top-level security, and the ability to earn as you save, and supports the new digital economy with a fast, secure, digital cash solution.Everyone needs Alias!Aliaswas born out of a desire to create a simple, border-less private cryptocurrency, improving on Bitcoin\'s original idea with more robust privacy protocols and a more energy-friendly network through the use of Proof-of-Stake. Alias has a highly competent core development team comprised of a software architect and a software engineer with decades of experience. Alias aims to position itself at the forefront of the decentralized privacy revolution.\nMedia Contact:Eirik [email protected]+447713962237\nSOURCE:Cryptoshib\nView source version on accesswire.com:https://www.accesswire.com/608045/Alias-Privacy-Has-a-New-Name', 'LONDON, ENGLAND / ACCESSWIRE / October 1, 2020 / After 5 years as "Spectrecoin\' the project announces a brand evolution to become \' Alias .\' This also includes a new effort around improved communications, investor relations, and business development for this well-established innovator in privacy and proof of stake technology. Governments are striving to criminalize digital privacy under the pretense of increasing online safety and prevent money laundering. As a result, many exchanges have been delisting privacy projects whose only aim is to protect one\'s right to privacy online. Established projects like Alias and newcomers alike are working overtime despite this adversity and keep releasing bleeding edge technology. One has to only look at recent Github activity, it is clear that privacy projects are ramping up their development and delivering on their roadmaps, with projects like ZCoin, PIVX, ZCash, Monero, and Particl, to name a few. It seems like the crackdown is not slowing these privacy projects down, and Alias is confident in the need for its tech and tools as well. "Privacy for the users is at the heart of everything we do," says Eirik Korsell, Project Steward at Alias. "..no attempt should be made to criminalize digital privacy; it should be an undisputed right." The news of this under the radar project comes in the wake of many recent initiatives and accomplishments for the Alias team, including: - Developing a unique Proof-of-Stake protocol using ring-signatures, facilitating a private staking mechanism not seen before in any other cryptocurrency. - Integrating Tor as a part of the code-base; providing robust network security, protecting users\' real-world IP address. - Solving a well-known privacy issue affecting decoy-based currencies like Monero and Grin by developing unique algorithms to mitigate this. (see link below) - Ensuring the full software could run on a Raspberry Pi, providing a low-cost, eco-friendly option for those with low-powered devices. - Soon to release a world-first for an Android app, fully-featured Anonymous Proof-of-Stake (APoS) allowing mobile users to earn rewards while maintaining their right to privacy. Why the Re-brand? The brand evolution will better reflect what Alias seeks to communicate and achieve, and will better enable it to fight the stigma of online privacy. At the same time, it will differentiate us from many other "Spectre" named projects. Eirik says, "We wanted a name which sounded more like a currency, felt more mainstream and brought a more positive vibe to the project and it\'s innovative and useful technology." "We\'re working to enhance all our communications towards reaching a broader audience while continuing to develop our advanced privacy technology." Why the name ALIAS? Creating an online persona or alias" can be one way to help protect oneself against the intrusions of a hyper-connected world. An alias allows for a greater amount of separation between personal and online life. Ultimately it provides an easy way to be online and less of a need to worry about potential threats from cybercriminals. This rings true for one\'s financial life, and thus the name was a perfect fit. Alias also understands there are situations where private transactions are unsuitable, thus allowing its users to choose between a public or private transaction. They have made it possible to offer this alternative without compromising the secure private transactions, preserving the right to privacy, and championing the freedom of choice. Alias is ideally positioned to excel in challenging the competition, leveraging its unique set of privacy features. Alias offers an intuitive, easy to use wallet, top-level security, and the ability to earn as you save, and supports the new digital economy with a fast, secure, digital cash solution. Everyone needs Alias! Alias was born out of a desire to create a simple, border-less private cryptocurrency, improving on Bitcoin\'s original idea with more robust privacy protocols and a more energy-friendly network through the use of Proof-of-Stake. Alias has a highly competent core development team comprised of a software architect and a software engineer with decades of experience. Alias aims to position itself at the forefront of the decentralized privacy revolution. Story continues Media Contact: Eirik Korsell [email protected] +447713962237 SOURCE: Cryptoshib View source version on accesswire.com: https://www.accesswire.com/608045/Alias-Privacy-Has-a-New-Name', 'Dublin, Oct. 01, 2020 (GLOBE NEWSWIRE) -- The"An Analysis of the Libra Cryptocurrency Project from a Regulatory Perspective"report has been added toResearchAndMarkets.com\'soffering.\nThe announcement by Facebook in June 2019 regarding the proposed launch of their cryptocurrency Libra has triggered reactions from across the globe. Whilst the concept of a virtual currency available over a blockchain wasn\'t new, the fact that this was being fronted by Facebook made this a completely different ball game.\nWith close to 2.5 billion users worldwide, it was clear that Facebook\'s ambition was to create globally dominant currency, expanding financial services and the associated benefits to corners of the world where they don\'t currently exist.\nInevitably, the announcement also generated a considerable amount of nervousness and backlash from central banks and regulators worldwide, the sense being that Libra could destabilise monetary policy and introduce multiple regulatory headaches such as Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,914,324,303 - Hash Rate: 119056960.428763 - Transaction Count: 304757.0 - Unique Addresses: 679937.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto has many problems of its own making. Bad user experiences, unsustainable transaction fees, an inability to assess risks in the face of unyielding innovation . But until this year, I doubt anyone would have suggested that an interdependence on the U.S. dollar was one of them. The introduction of easily tradable, even decentralized, stablecoins has been a godsend for millions of ordinary people. They can now hedge against the constant fluctuations in price of ETH and BTC. And price stability means global commerce need no longer be obviously deterred in integrating programmable money into their digital operations. And yet, the land of the dollar is in trouble. The full economic repercussions of shutting down an economy for many months are yet to reach its apex. Debt is being monetized on a huge scale. There are huge wealth divides between generations, races and cities. Related: Investors Flock to India's DeFi Scene Months After Central Bank Ban Overturned Cultural and political divides run equally as deep. The U.S. population is so attitudinally polarized that even mask wearing is party-political. And at the top, the country is led by administration intent on stoking more division and taking sides. U.S. politics is so broken, it is not beyond comprehension that full blown civil strife could break out. In fact, it is something that U.S. journalists and generals have openly contemplated in trepidation of the possibility. Shiv Malik is the author of two books, the co-founder of the Intergenerational Foundation think tank and a former investigative journalist for the Guardian. He currently evangelizes about a new decentralized data economy for the open source project Streamr . And if America is so precariously balanced between further prosperity and potential disaster, so too rests the fate of the U.S. dollar for the rest of the world. Just the issue of U.S. Treasury debt issuance alone has had professional money managers warning this month that the U.S.’s reserve currency status is under threat. Story continues Traditional markets have mature financial products to hedge or flee such tectonic shifts. There are plenty of other world currencies or other non-USD denominated assets to transfer funds into should the dollar take a serious tumble. Related: First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule Crypto lacks those same products, what an economist or trader might coldly describe as “financial instruments to hedge against external political risks”. Despite Web 3.0’s aim to be both global in reach, and also free of the control of nation states, its fate is still incredibly tied to USD. See also: Pascal Hügli – Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars The crypto ecosystem utilizes the global reserve currency in almost every facet of its user experience. Of course, there are those BTC or ETH natives who sleep and breathe satoshis and gwei, but go to any exchange, or check gas prices in your wallet: crypto was built and is used by people who still work in greenbacks. The most obvious route out of such interdependence would be to adopt euro, yen or yuan backed stablecoins. But where there are more than half a dozen USD stablecoins with trading volumes regularly above $5 million per day, there are no non-USD stablecoins that can compete at that level. Why hasn’t one taken off as yet? Mariano Conti, formerly of the MakerDAO parish, the group who built the autonomous dollar-pegged dai (DAI) stablecoin, is better placed than most to explain why their team opted for dollars. Originally, Conti told me, dai was meant to be pegged to the International Monetary Fund’s Special Drawing Right ( SDR ), which serves as the unit of account between IMF nation state members. The IMF derives SDR by bundling and carefully weighting five major currencies including the yuan, euro, British pound and the yen. But, to put it succinctly, Conti said, “USD was chosen in the end because people think in dollars, not SDR.” See also: The Biggest Story in Crypto: The Stablecoin Surge and Power Politics Could this be changed? Could dai transfer to being backed by the euro or yen? “The protocol is capable of changing its peg to follow another currency if needed,” he said, “although the process would likely be painful.” A better idea is “issuing another currency, say EuroDai or YenDai backed by Dai.” In other words, building on success by supporting a new stablecoin with already existing collateral. “If they start gaining traction, having a DollarDai spin-off and then slowly make the underlying dai drift to an existing or new basket of currencies” would also be workable, he said. So decentralized, euro or yen backed stablecoins are possible but all of this would take time: Months to create, but perhaps over a year to really gain the trust of a community. And then perhaps even longer to build into the user experience of hundreds of dApps. A too tight deadline, but, to contemplate the worst, one that crypto might soon have no choice but to embrace. Related Stories Crypto Is Too Dependent on Dollars Crypto Is Too Dependent on Dollars... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Leaked recordings of a private conversation suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash in March. Seven audio files first emerged online on Sept. 25 that appear to be parts of a longer in-person conversation between Del Wang, co-founder of Beijing-based Babel, and an unknown person. The recordings offer a rare hint of strategies taken by the industry’s nascent crypto lenders in managing their balance sheets, suggesting some business practices may be different from what they claim. Related: BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes The audio files were initially uploaded to Anchor.fm by an anonymous Twitter user on Sept. 25 but were soon taken down by the platform after Babel filed complaints. The anonymous Twitter user then posted the recordings to YouTube. Several people familiar with the company listened to the recordings and confirmed to CoinDesk that it was Wang speaking. In one of the files, the unknown person also addressed Wang by his full name. In a written response to CoinDesk on Sept. 30, a Babel representative said the company is unable to confirm the authenticity of the recordings because they are “fragmented” and “clearly artificially edited.” The representative said they can’t comment on the content of the recordings and claimed the accusations made by the anonymous publisher were baseless and not factual. Wang didn’t respond to CoinDesk’s request for comment on the recordings. Related: Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited Following Babel’s initial response to Decrypt that the recordings could be patched together, the anonymous Twitter account posted two longer recordings on Sept. 30 that contain the previous seven parts. The new recordings suggest the conversations happened around March 20. Story continues Founded in 2018, Babel Finance is registered in Hong Kong with operations based in China. It has essentially taken on the role of a crypto bank in the industry by offering both saving and lending products. One of its money drivers was the difference between lending and saving interest. But according to the leaked recordings, Babel also bet that bitcoin’s price would rise and leveraged both its own and some customer funds to long bitcoin, which faced potential default risks during bitcoin’s 60% crash six months ago. ‘It’s called X Plan’ In the additional recordings published on Sept. 30, Wang can be heard saying Babel started buying bitcoin in early 2019 when its price was around $3,000. The initial capital for those purchases came from the $750,000 raised from Neo Growth Capital (NGC) and another $4 million as deposits, also from NGC. When asked why NGC didn’t buy bitcoin with the $4 million, Wang said NGC wasn’t planning to use that money for such a purpose. An unidentified partner at NGC reportedly said he was not aware of the NGC funds being used to speculate on bitcoin’s price. Wang apparently said in the recording that Babel adopted a strategy where it pledged the bitcoin it purchased to another lender in order to borrow more money when bitcoin’s price went up to $4,000. With the newly borrowed money, it continued buying more bitcoin. When bitcoin’s price went up again, it repeated the same method, which put more leverage on its long positions. “We became the customer of ourselves,” Wang said in the recordings. “We kept increasing our [bitcoin long] positions starting from $3,000 all the way to $14,000,” Wang was heard saying in the recordings. “Initially we had about 3X leverage, but then we leveled up as bitcoin’s price surged.” Read more: What Crypto Lender Celsius Isn’t Telling Its Depositors “It’s called X Plan,” Wang said in the recording, seemingly referring to the leverage strategy. “Initially only Flex Yang [Babel’s CEO and the other co-founder] and I knew about it. But later on three other shareholders also became aware of the plan.” Babel declined to elaborate on X Plan or comment specifically on the usage of NGC’s funds in the beginning, claiming information with its customers is confidential. The apparent upside of this method is the multiplied return on the back of bitcoin’s bull run in the first half of 2019, when bitcoin went from $3,000 to $14,000. Wang said in the recording that when bitcoin reached $14,000, the firm did realize this was not a long-term game and initially set a profit-stop order at $18,000. Even though it had later lowered the stop order targets, it didn’t fully close its positions. “Had we closed our positions even at $10,500, we could have made net profits of two to three hundred million yuan [around $30 million to $40 million],” Wang was heard saying. But the downside was the risk of how quickly Babel’s crypto reserves could react to margin calls from its capital sources for more bitcoin if bitcoin’s price suffered a sudden plunge. User funds Babel boasts that it is one of the major crypto lenders in the world, claiming to have over $350 million in outstanding loans as of June 30 this year. But customers’ deposits only constitute a relatively small part of the money that’s available for borrowers. A majority of Babel’s capital comes from other institutional lenders. Babel’s CEO and co-founder Flex Yang said prior to March 12 his firm was able to enjoy a collateral-to-loan (CTL) rate as low as 100% for borrowing funds from its capital sources. The firm’s main capital partners included BlockFi, Genesis Capital and Tether at the time. That means Babel would only need to pledge $1 million worth of bitcoin in order to borrow $1 million of USDT . But, when lending this amount to its own customers, Babel required an over 160% CTL rate, meaning borrowers needed to put in over $1.6 million worth of bitcoin as collateral. As such, Babel would have the difference of the $600,000 worth of bitcoin collateral sitting on the liability side of its balance sheet. One reason Babel could enjoy a more attractive collateral rate from its capital sources is because it advertises that Chinese bitcoin miners who are able to generate bitcoin organically and meet margin calls if needed are its primary lending customers. In an ideal situation, the risk would be relatively low for Babel if it holds all the $600,000 bitcoin collateral in the example above within its reserve. But the reality appears to be muddier because Babel didn’t exactly draw a fine line between its own assets and user funds, according to Wang in the recording. Read more: SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO In the response to CoinDesk, Babel claimed that customers’ collateral is either stored in cold wallets or further lent out to counterparties while taking in USDT as collateral. “The situation of Babel using customers’ funds to trade crypto doesn’t exist,” the firm claimed in the statement. But then that raises a question of how it could even differentiate customers’ positions from its own long positions if they were bundled together to execute a leverage plan. In one of the recordings, the unknown person said to Wang: “Strictly speaking, these [user] funds do not belong to you, and you should not have used them as leverage.” “Right,” Wang answered, explaining: “The money we used to buy bitcoin came from our fundraise, our interest profits and profits we made through increasing our long positions.” The person went on to question: “If it was all just your own asset, you couldn’t have got this large [long] position. … That means you probably have also used parts of borrowers’ collateral and depositors’ funds.” Wang did not directly answer with a yes or no to that question but said that “if considering ourselves as a customer, then our funds and real users’ funds are all mixed up together.” “The good customers are the real customers. The bad customers are ourselves,” Wang was also heard saying in the recording. Babel declined to disclose how large its long positions were before this year’s March sell-off. March 12 The real risk didn’t start to materialize until March 12, when bitcoin’s price crashed by over 60% in a matter of a day. The sudden drop led to a severe devaluation of Babel’s collateral at its capital sources, to the extent that its collateral at Tether at one point was worth below 80% of what Babel had borrowed from the USDT issuer, people familiar with Babel’s operations told CoinDesk. The people said at that point Babel owed Tether 2,000 to 3,000 BTC just to meet the 100% CTL rate. If Tether chose to liquidate Babel’s position, itself would also suffer a loss since the bitcoin collateral it had was worth much less than the money it lent out at that point. When asked why Babel didn’t send in more bitcoin to meet the margin calls from its capital sources during the March 12 crash, Wang said in the recording the firm didn’t have the coins for its own positions. He said Babel later liquidated some borrowers’ positions worth 3,000 to 4,000 BTC but didn’t exactly sell them. Babel declined to comment on Wang’s comment about it falling short of reserves to meet margin calls but claimed it didn’t default any borrower due to its own violation of terms, such as failing to pay back collateral as demanded. Babel said it also didn’t default any institutional lenders and there was no forced liquidation from its capital partners due to Babel’s own violation of terms. But one smaller lending partner, Hong Kong-based OSL, force-liquidated Babel’s more than 500 BTC collateral following the March 12 crash, according to screenshots of conversations between the two seen and reviewed by CoinDesk. Yang said the forced liquidation came after Babel met OSL’s margin calls and subsequently blamed OSL for the act instead of itself. OSL has not yet responded to CoinDesk’s request for comment. In fact, the people familiar with the situation said when the March 12 crash happened, Babel asked for credit lo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,914,324,303 - Hash Rate: 130578601.76057878 - Transaction Count: 315443.0 - Unique Addresses: 689077.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Jonathan Stempel NEW YORK (Reuters) - U.S. prosecutors on Thursday filed criminal charges accusing four founders and executives of BitMEX, one of the world's largest cryptocurrency derivatives exchanges, of evading rules designed to stop money laundering. The Department of Justice charged Arthur Hayes, Samuel Reed and Benjamin Delo, who together founded BitMEX in 2014, and Gregory Dwyer, its first employee and later head of business development, with violating the federal Bank Secrecy Act and conspiring to violate that law. Hayes, 34, of Buffalo, New York, and Hong Kong, is chief executive of BitMEX, while Reed is its chief technology officer. The Commodity Futures Trading Commission filed a separate civil lawsuit to halt BitMEX's U.S. commodity derivatives business. BitMEX is short for Bitcoin Mercantile Exchange. "We strongly disagree with the U.S. government's heavy-handed decision to bring these charges, and intend to defend the allegations vigorously," a spokesman for BitMEX's parent HDR Global Trading Ltd said. Dwyer's lawyer, Sean Hecker, said his client will contest the charges. Lawyers for the other individual defendants could not be identified. An indictment filed in Manhattan federal court said the defendants flouted their obligation to implement an anti-money laundering program with a "know your customer" requirement, which they knew was needed because BitMEX served U.S. customers. Their steps allegedly included incorporating BitMEX in the Seychelles because of its seemingly less stringent regulations, and where Hayes once bragged it would cost less to bribe authorities - just "a coconut" - than in the United States. Prosecutors said BitMEX ultimately made itself a "vehicle" for money laundering and sanctions violations, including claims it was used to launder proceeds of a cryptocurrency hack and that customers from Iran traded on its platform. The defendants "will soon learn the price of their alleged crimes will not be paid with tropical fruit," FBI Assistant Director William Sweeney said in a statement. Story continues Each count carries a maximum five-year prison term. Reed was arrested in Massachusetts and the other defendants are at large. The case is U.S. v. Hayes et al, U.S. District Court, Southern District of New York, No. 20-cr-00500. (Reporting by Jonathan Stempel in New York; Additional reporting by Gertrude Chavez-Dreyfuss in New York; Editing by Richard Chang and Matthew Lewis)... - Reddit Posts (Sample): [['u/UGetOffMyLawn', 'Voting in Maricopa County - Did you know?', 770, '2020-10-02 00:30', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/', '* Did you know the last day to register is [~~October 5th~~ extended to October 23rd](https://recorder.maricopa.gov/elections/registrationform.aspx)?\n\n\n* Did you know that early ballots will be sent out beginning on [October 7th](https://recorder.maricopa.gov/elections/electioncalendar.aspx) which coincides with the first day of in person early voting according to the election calendar?\n\n \n* Did you know you can watch live streams from the Elections Office [Ballot Tabulation Center](https://recorder.maricopa.gov/multimedia/btcgallery.aspx)?\n\n\n* Did you know that Adrian Fontes our County Recorder has series of [Myth Busters videos](https://recorder.maricopa.gov/site/faq.aspx#tabs=4) out about our elections?\n\n\n* Did you know you can read the full [Early Voting](https://recorder.maricopa.gov/pdf/GENERAL%20ELECTION%202020_Early%20Voting%20Plan_FINAL.pdf) and [Emergency Voting](https://recorder.maricopa.gov/pdf/Final%20November%202020%20General%20Election%20Day%20and%20Emergency%20Voting%20Plan%209-16-20.pdf) Plans online?\n\n* Did you know that the Maricopa County Voter Dashboard is found [here](https://recorder.maricopa.gov/beballotready/)?\n\n\n* Did you know that Maricopa County provides both [online and paper maps](https://recorder.maricopa.gov/electionmaps/) (for a small fee) of many different election data points?\n\n \n* Did you know that election results will be available [here](https://recorder.maricopa.gov/electionresults/)?\n\n* Did you know you can sign up for [text or email alerts](https://recorder.maricopa.gov/subscriptions/) to get updates on your ballot in Maricopa County?\n\n* Did you know you can check where a local Vote Center or Drop Box is [right here](https://recorder.maricopa.gov/pollingplace/) (with a searchable list coming soon)?\n\n* Did you know we have much more information available on our [Politics](https://www.reddit.com/r/phoenix/wiki/politics/) wiki page?', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/', 'j3iu5y', [['u/mitterjabbers', 77, '2020-10-02 00:47', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7c8wom/', 'Please, everyone go vote!', 'j3iu5y'], ['u/silentcmh', 179, '2020-10-02 01:24', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cdcl9/', 'Mods, let’s pin this.', 'j3iu5y'], ['u/concentrate7', 35, '2020-10-02 01:34', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cefzc/', 'Fantastic post!', 'j3iu5y'], ['u/markp_93', 25, '2020-10-02 01:37', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cettl/', 'Thank you for posting this.', 'j3iu5y'], ['u/greggilliam2nd', 15, '2020-10-02 01:40', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cf4ge/', 'Thank you. Was wondering when I’d get my ballot.', 'j3iu5y'], ['u/UncleTogie', 13, '2020-10-02 01:43', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cfhmd/', "Post like this are why you're my Puddin' Bear.", 'j3iu5y'], ['u/Andrew_Korenchkin', 11, '2020-10-02 01:49', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cg3um/', 'Fantastic post. \n\nYour vote counts, everyone should be voting!', 'j3iu5y'], ['u/Andrew_Korenchkin', 20, '2020-10-02 01:50', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cg46i/', 'Agreed.', 'j3iu5y'], ['u/115MRD', 59, '2020-10-02 01:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cgexs/', "[Even if you think you're registered check your status here!](https://my.arizona.vote/PortalList.aspx)\n\nRemember you have to re-register if you move or change your name!", 'j3iu5y'], ['u/bethster2000', 16, '2020-10-02 02:03', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7chfvb/', 'Will be voting in person, but thanks for the links...just double-checked and I am registered and ready to vote.\n\n# VOTE!!!!', 'j3iu5y'], ['u/RobertAPetersen', 27, '2020-10-02 02:08', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7chyp9/', 'Yes', 'j3iu5y'], ['u/jc0187', 21, '2020-10-02 02:12', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cidnh/', 'Vote people! Get your voice out there! Vote...to legalize recreational marijuana! We can make it happen this time!', 'j3iu5y'], ['u/decoy321', 22, '2020-10-02 02:15', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ciq9u/', 'I support this. u/UGetOffMyLawn is a goddamn credit to this town.', 'j3iu5y'], ['u/auggie5', 15, '2020-10-02 03:01', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cnnqk/', 'Upvote this to the top!\n\nBtw it sucks that they made that rule. You used to be able to tell the person your name and address, they would mark you off of the list and you would get your ballot. The ID thing is pointless. It’s funny that the party of small government constantly wants more government', 'j3iu5y'], ['u/jdcnosse1988', 18, '2020-10-02 03:10', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cosaz/', 'This is one of the reasons I dislike how they do address changes.\n\nGrowing up in Michigan, when I moved and changed my address, they gave me a sticker with the new address to put on the back, and it was considered official.\n\nHere in AZ I always have my voter registration card on me because my ID has my address from 8 years ago.', 'j3iu5y'], ['u/BASK_IN_MY_FART', 20, '2020-10-02 03:24', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cqeer/', 'Yaaas, or however the kids say that. I concur!', 'j3iu5y'], ['u/MessianicJuice', 16, '2020-10-02 03:34', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7crl27/', "It's just to decrease turnout by x%.", 'j3iu5y'], ['u/marionbobarion', 11, '2020-10-02 03:47', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ct1k6/', 'Maricopa County Early Voting. I opened mountains of voter registrations today.', 'j3iu5y'], ['u/UncleTogie', 13, '2020-10-02 03:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ctq0f/', '> I concur!\n\nI can never see those two words together without flashing back to [a classic...](https://www.youtube.com/watch?v=dm1p9mE9RBw)', 'j3iu5y'], ['u/[deleted]', 10, '2020-10-02 04:16', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cw7pf/', 'Did you know there’s a [Permanent Early Voting List](https://recorder.maricopa.gov/PermEvSignup/) you can sign up for when you register, or anytime thereafter, and you’ll automatically get mailed all ballots you’re qualified to vote on, including primaries, state and local elections, initiatives, school board, budget overrides, etc?', 'j3iu5y'], ['u/udderchaos69', 10, '2020-10-02 05:50', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7d5zys/', 'And danced in space!!', 'j3iu5y'], ['u/KittyLune', 11, '2020-10-02 10:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7dtgam/', "And you have to reregister to change party affiliations! That's a very important piece of information in case you're stuck under Other for a party-specific election. I can't tell you how many times I had to explain to valley residents that they were unable to vote in the Democratic Presidential Preference election back in March because they didn't change that information.", 'j3iu5y']]], ['u/ADementedPony', 'How much Bitcoin is enough to start with?', 11, '2020-10-02 02:43', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/', 'I don’t really know too much about cryptocurrency but have been told to invest into xrp. I have purchased 560XRP for now but is this enough to make a decent amount of money?', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/', 'j3kwr6', [['u/jfgrissom', 17, '2020-10-02 03:04', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/g7co2wr/', 'This is the painful thing about trading or investing. Just when you think the bull run is over, it keeps going. Just when you think it will keep running, it’s over.\n\nPersonally my first window for selling a small portion is when 1 XRP has today’s equivalent purchasing power of 50 USD. But when that will happen (if ever)... who knows? \n\nDon’t count on what you invested. Consider it cash you light on fire and forget about it. Maybe you’ll be surprised and get to retire. Maybe it just goes down in your personal history as money spent on something similar to Starbucks or alcohol.', 'j3kwr6'], ['u/boomythewitcher', 20, '2020-10-02 03:25', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/g7cqh4n/', "At the end of the day, you invest what you are willing to lose especially for crypto. Doesnt matter how big or small tbh. Even if you just put in 50 bucks a month, if the price goes up 100x after 5 years, then that's at least, a sweet 60k. Your financial capability should dictate the amount you're willing to put in.\n\nMost of my money (80-85%) is actually in the traditional stuff- bonds, retirement pension stuff etc. Only 15% is allocated in crypto and stocks. This 15% won't keep me awake at night if I lose it all but the practice of me consistently putting money in 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: ['Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse.\nFalling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0.\nBitcoin fell through the first major support level at $10,404 before finding support.\nA partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red.\nThe near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down.\nBitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled.\nBinance Coin saw a modest 0.26% loss on the day, however.\nIn the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn.\nBitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%.\nAt the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV bucked the trend early on, with a 0.43% gain.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Binance Coin was down by 0.82% to lead the way down.\nBitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,849 before any pullback.\nFailure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Forecast – Gold Markets Throw Up Neutral Candlestick\n• Crude Oil Price Forecast – Crude Oil Markets Look Vulnerable\n• USD/CAD Daily Forecast – Support At 1.3280 Stays Strong\n• Natural Gas Price Forecast – Natural Gas Markets Show Resiliency\n• Gold Price Prediction – Prices Ease Following Soft Payroll Report\n• The Weekly Wrap – Data, COVID-19, Brexit, and U.S Politics Drove the Majors', 'Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse. Falling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0. Bitcoin fell through the first major support level at $10,404 before finding support. A partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down. Bitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled. Binance Coin saw a modest 0.26% loss on the day, however. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%. This Morning At the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, with a 0.43% gain. It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 0.82% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,849 before any pullback. Failure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Forecast – Gold Markets Throw Up Neutral Candlestick Crude Oil Price Forecast – Crude Oil Markets Look Vulnerable USD/CAD Daily Forecast – Support At 1.3280 Stays Strong Natural Gas Price Forecast – Natural Gas Markets Show Resiliency Gold Price Prediction – Prices Ease Following Soft Payroll Report The Weekly Wrap – Data, COVID-19, Brexit, and U.S Politics Drove the Majors', 'A bunch of my friends from high school back in Kansas were getting together for a birthday at a hometown bar a little while back and I, now a New Yorker, couldn’t be there. So I told one of my buddies to buy everyone a round and Venmo me for whatever it cost. His response: “What’s Venmo?” It was one of about a billion times life has told me that you can’t go home again, but this story would come as no surprise to Lana Swartz, a media studies professor at the University of Virginia. She’s the author of the book “ New Money: How Payment Became Social Media ,” which goes into detail explaining how payment apps are more than tools. Related: Italian Payments Giants Merging to Form Entity That Will Dominate Local Market In short: Payment signals affiliation. Swartz calls payment groupings “transactional communities,” and every credit card or national currency represents one. As Swartz writes in her book, “Venmo is not a wallet, it’s a conversation.” I’ve joined it. My old friends are still splitting the tab by hand. So it goes. What about crypto? “New Money” is a read that will force members of any crypto tribe to ask themselves: Who am I? What does using ETH or BTC or XLM or ATOM say about me and those with whom I affiliate? Swartz’s book is all about the complex story of how payments work, and what your chosen currency says about you. Related: The Standard About to Revolutionize Payments Acknowledging this, Swartz describes blockchain in particularly in a grand way, writing: “A money that remembers better is, for many people, the ‘dream’ promised by blockchain, a perfect transactional memory, a truly distributed ledger of all money’s distributed agency, eternal and transcendent of human incapacity, remembering everything and beholden to no one.” As Swartz put it when we spoke, there was a camp of early Bitcoiners, those who counted themselves among the cypherpunks or an adjacent group, who knew that “getting the money right will either be a matter of having the internet be just another overlay on the existing kind of tyranny, existing power, or it could really be an opportunity for changing society for the better.” Story continues Read more: Bitcoin and the Rise of the Cypherpunks But, since Bitcoin, more than a thousand cryptocurrencies have sprung up, and 25 of those (as of this writing) have market capitalizations greater than $1 billion. Nothing gets to that kind of value without some number of people buying into its message. But blockchain tribes tell garbled stories about themselves; each credit card company knows exactly how it wants its customers to see themselves. Peasants into Frenchmen It should be noted that “New Money” is about payment, not crypto, but it gives crypto a respectful spot in the overall story, which is a useful one for this industry. Adopting a given kind of money has long helped instill a shared identity. In our conversation, Swartz and I revisited her book’s discussion of Eugen Weber , the UCLA historian who wrote in 1976 of how the French franc was a key tool in turning “ peasants into Frenchmen ” because using it gave them a transactional community, one where the fruits of their labor could be redeemed far from home. Since nations demonstrated the efficacy of creating transactional communities to bind their people, the private sector has just gone on building more and more transactional communities on top of fiat. Swartz describes how traveler’s checks were a way for wealthy people to show that their money was good all over the world. Charge cards were a way for businessmen to show they were elite. Read more: Understanding the Coming Currency Cold War And 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: 2020-10-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,913,551,775 - Hash Rate: 144980653.4253485 - Transaction Count: 310855.0 - Unique Addresses: 642826.0 Social & AI Sentiment: - Fear & Greed Index: 0.40 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: “YAMs = Ponzinomics of AMPL + Chad launch of YFI + Meme math of Tendies,” Messari analyst Ryan Watkinstweetedabout the latest decentralized financial application to set crypto atwitter. It’s the type of back of the napkin logic that looks like gibberish on its face, but has an internal cohesion that makes sense to insiders. Yams, chads and tendies. “In this market, where there are so many different projects already fighting for attention and new ones launching everyday, it is important for projects to try and get people motivated to spend their time learning about THEIR project,”Anil Lulla, COO of Delphi Digital said over email. “Memes are an easy way to get a narrative around and perhaps the quickest way to get eyeballs.” Related:First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole “A lot of these protocols have a lot of complex intricacies that are quite hard to grasp without doing a significant dive and researching the protocol for weeks (not hours or days),” he said. That’s a level of attention that some of these projects can’t afford. Their memes die as quickly as they rise. See also: Nathaniel Whittemore –‘Stacking Sats’ vs. ‘ETH Is Money’ – The Memes That Shaped 2019 In what appears to be the beginning of another crypto bull market, a lot of attention is being directed at decentralized finance, or DeFi, and the permissionless financial experiments the ecosystem is driving. These memetic projects, inscrutable or absurd to a general audience, have rekindled a conversation about what crypto wants to be. Related:Why DeFi Pulse's Key Metric Is So Simple It's Confusing Memes are thelingua francaof the internet, performing as shorthand for complex phenomena. In the world of cryptocurrencies, memes hold particular sway. Like crypto, memes were born on the internet and have journeyed from the fringes to the mainstream. They’re used to drive adoption of cryptocurrency, signal bullishness or bearishness on certain assets or coins by traders and even boost the value of tokens. They are a part of the discourse, commemorate events, spur narratives about certain coins and even help people earn millions of dollars. The term “meme” comes from Richard Dawkins’ 1976 book “The Selfish Gene.” He describes a meme as a behavior or idea that jumps from person to person within a culture. “We are built as gene machines and cultured as meme machines,” he wrote, describing the idea that these cultural artifacts are a way to communicate ideas quickly to humans with a limited attention span. See also:Is Bitcoin in 2020 Really Like the Early Internet? The term, which was not originally intended to describe DeFi or “brr” money printers, was appropriated to describe cheeky online images. Not that Dawkins minded. “When anybody talks about something going viral on the internet, that is exactly what a meme is and it looks as though the word has been appropriated for a subset of that,” Dawkins said in a2013 interview. While memes are often associated with image macros accompanied by black and white text, any idea – be it represented as a .gif, text or video – that goes viral online can rightfully be called a meme, under Dawkins’ definition. I’ve been really interested in memes in particular because I feel like it’s so important for getting crypto to have mainstream adoption and interest. A less academic eye would probably see memes purely as jokes. Greta Thunberg earned a headline-grabbing reputation after her climate protest went viral; while her activism is memetic, it isn’t a meme. There’s a tension between the meme and how it functions. At once a viral bit of information, memes also create in-groups and out-groups between those who understand. In this sense, memes are a mirror of crypto, a tool for connecting the world that’s partially occluded by its technicality and what is sometimes called crypto’s “toxic community.” Linda Xie, former product manager at Coinbase and now founder of the crypto investment fund Scalar Capital, dove deep into the links between memes and crypto after becoming interested in dogecoin, the first parody cryptocurrency to take off in a big way (itrecently took off once morefollowing some new TikTok videos). “I’ve been really interested in memes in particular because I feel like it’s so important for getting crypto to have mainstream adoption and interest,” she said in a phone call. “Just having a really clear meme goes a lot further than people writing some incredibly long blog post.” The adorable Shiba Inu, Doge, was first posted on a random blog in 2010, given an inner monologue on Tumblr in 2011, used by 4chan hordes to spam Reddit in 2013 and eventually became the namesake of a cryptoproject that same year. See also: Nathaniel Whittemore –TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story Although the project is an elaborate joke – it’s a fork of Luckycoin, which is a fork of Litecoin, which itself splintered from Bitcoin – it developed a serious community of users. People used it to tip each other for good content, and there was a good faith effort to rebrand as the people’s crypto, as opposed to the “elitist”bitcoin. “I just liked the congenial atmosphere and the crowdfunding elements (the bobsled team, etc). It was entertaining and I could mine it on my laptop for a while, unlike bitcoin,” Nic Carter, co-founder of Castle Island Ventures and CoinDesk columnist, said over Telegram. Joke or not, dogecoin now has a$421 million market cap. Xie said this represents how memes can shape reality. Just because you’re laughing doesn’t mean you don’t have skin in the game. Seven years later, similarly bizarre concepts for crypto projects – some that advertise themselves as useless lines of code – are still able to attract millions of dollars worth of investments. YAM, PASTA and BASED are among the most recent. To draw attention to the phenomenon, Consensys’Jordan Lyallhas created his own meme-DeFi project. “Introducing The Degenerator,” hetweetedon Aug. 14. “Spin up a new#DeFiproject in as little as 5 minutes!” The idea pokes fun at the way that comically named DeFi projects like YAM and others were rapidly spinning up value. The developer’s anti-meme joke took on a life of its own though, particularly when someone minted a meme coin called Degenerator, listed as $MEME on exchanges. Two weeks later, “Degenerator” was dropped, and the coin became just $MEME. It now has a market cap of more than $2 million and islisted on CoinGecko. Lyall now tells people not to buy it. His warning “don’t buy $MEME” has become a staple in crypto Telegram circles, he said in a phone conversation. There had already been infighting and a hard fork in the group, but what’s risen to the surface from the community is the launching of an actual protocol in which you stake $MEME for nonfungible tokens (NFT) of art created by meme artists. The project formally launches today. “It’s a mix of YAM and CryptoKitties,” Lyall said. See also:Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M Lyall recognizes the whole thing has spiraled out of his control, and at this point he’s just watching to see what happens. Most people probably bought in the LOLs (laugh out loud) rather than the gain, he says. But sometimes where the LOLs go online, the gains follow. “I’m just extremely fascinated with how something so dumb, a Twitter joke and graphic that took me half an hour to design, really created $2 million in value in a couple of hours,” he said. Such projects are self-referential protocols that make light of, while also exemplifying, the “monetary experiments” that decentralized finance (DeFi) enables. Sponsored by “degenerate traders,” they’re as much about making money as having fun, according to CoinDesk’s Will Foxley. Not every meme-coin is jovial. CoronaCoin, launched in February, was a morbid experiment to tie financial success to death. See also:SingularityNET, Ocean, Algorand, Triffic, Enigma Add To Fight Against Coronavirus “People fixate on the wrapping, but the substance is really an opportunity to make a lot of money gambling,” Carter said. Absurdist on the face, these protocols leverage rock-solid “nakamoto schemes” and zero-sum games to create real financial opportunities, he said. David Z. Morris, a reporter at Fortune and author of “Bitcoin is Magic: Internet Money, Memetic Warfare, and the End of Mere Reality,” said crypto memes are a window on market sentiment. “Traders are dealing with short-term sentiment and meta information about how people are thinking right now,” said Morris. “So when you look at an interval of a couple of days at a time, a meme can have a lot of influence, particularly when it crosses over to somewhere like Twitter.” For various reporting projects he’s spent time on forum sites like 4chan and said he’s seen that memes, offhand comments and relatively shallow discourse was particularly dominant among traders. He said that popularity is significant for understanding how memes work. The movement of memes from 4chan to mainstream sites like Twitter isn’t new. In fact, researchers found that after looking at 160 million memes from Gab, Twitter, 4chan, and Redditmost of them began on 4chan or Reddit, both of which were key platforms for the cryptocurrency community. So memes not only play a role in making things like dogecoin more popular, but also serve as shorthand communications mechanisms for traders who need to signal something quickly. “You have a bunch of people who are very smart, trying to process information as quickly as possible, and memes are a packaging method that works to do that,” said Morris. See also:Ethereum as Lifestyle Brand: What Unicorns and Rainbows Are Really About But it’s not just price signals these memes are sending, thinks Demetri Kofinas, host of the Hidden Forces podcast and longtime observer of the industry. There’s a sociological aspect of memes that seem to draw upon traders’ deepest insecuriti... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6. It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support. Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0. Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin rose by 3.18% to lead the way. Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support. It was a bearish day for the rest of the majors, however. Polkadot slid by 1.28% to lead the way down. Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%. This Morning At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Binance Coin was up by 0.54% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback. Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, Trump, Brexit, and Economic Data in Focus Gold Price Prediction – Prices Ease Following Soft Payroll Report Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Crude Oil Weekly Price Forecast – Crude Oil Continue to Soften Silver Weekly Price Forecast – Silver Markets Rally Slightly Natural Gas Weekly Price Forecast – Natural Gas Continue Same Range', 'Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6. It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support. Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0. Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin rose by 3.18% to lead the way. Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support. It was a bearish day for the rest of the majors, however. Polkadot slid by 1.28% to lead the way down. Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%. This Morning At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Binance Coin was up by 0.54% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback. Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, Trump, Brexit, and Economic Data in Focus Gold Price Prediction – Prices Ease Following Soft Payroll Report Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Crude Oil Weekly Price Forecast – Crude Oil Continue to Soften Silver Weekly Price Forecast – Silver Markets Rally Slightly Natural Gas Weekly Price Forecast – Natural Gas Continue Same Range', 'Since the formal introduction of Ethereum in 2014, the network has exploded with products that allow users to transact directly with one another, without relying on a third party.\nOne of the most common use cases is that of a decentralized exchange (DEX), an idea that dates back to Vitalik Buterin’s unveiling of Ethereum in 2014. Examining the history of how DEXs have evolved can help elucidate where DEXs are headed and how they will compete with centralized exchanges.\nDEXs come in a variety of forms, but share one common quality: non-custodial. DEXs use smart contracts to manage funds on-chain, so users never have to trust a third party with their money.\nRelated:First Mover: Day in the Life of a Yield Farmer Means Part-Time Gig, Full-Time Risk\nHowever, theexchangepart of a DEX – the way buyers and sellers find each other – can vary widely from one implementation to another. When thinking about the future of DEXs, it’s helpful to first understand their past.\nAlex Wearn is the co-founder and CEO of IDEX, a high-performance DEX. He has spent his career in software development, including time at Amazon, Adobe, and IBM. He has been hacking on crypto startups since 2014, transitioning to full time with the launch of IDEX in 2018.\nThe earliest Ethereum DEXs, like EtherEx and OasisDex, built a traditional central limit order book (CLOB) exchange entirely out of Ethereum smart contracts. Developers and users quickly discovered that order management and trade execution are not well suited for a blockchain. In particular, the placing and cancelling of orders by market makers, and the interaction of traders with the on-chain order book, were expensive and error prone due to the high costs and latency of on-chain transactions.\nIn mid-2016, a new exchange, EtherDelta, innovated on this model by bringing the order book off-chain. This design eliminated the cost of order creation and reduced the latency and gas costs of placing an order.\nRelated:Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi\nWhile it was a major improvement, users still incurred costs for canceling orders – a fee which prohibited market makers from providing liquidity at scale. Additionally, takers submitted their own trades to the network, creating on-chain “trade collisions,” with multiple takers competing for the same order. On peak days, up to 30% of trades failed due to these on-chain collisions.\nAlthough the first iterations of DEXs faded over time, they were innovative, forward-thinking, and laid the groundwork for models in use today.\nImproving upon the earliest DEX models, the next generation of DEXs, including IDEX and DDEX, explored a hybrid approach. This design moved both order books and trade execution off-chain. With off-chain execution, users match their own orders but submit them to the exchange, which executes the trade and relays the order to the network for settlement. This approach eliminates the issues of on-chain trade collisions, gas fees for canceled orders, and front-running. This model served as the dominant trading model for almost two years.\nHowever, this design is not without flaws. Without a mat Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,913,551,775 - Hash Rate: 151592064.050859 - Transaction Count: 268019.0 - Unique Addresses: 562147.0 Social & AI Sentiment: - Fear & Greed Index: 0.42 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Around the time he became CEO of Playboy Enterprises, L.A.-based financier Ben Kohn began the construction of a lavish new estate on L.A.s Westside, within one of the areas only guard-gated communities. Before the house was completed earlier this year, Kohn changed his mind about moving into the mansion or maybe he intended to flip it all along because the place was shopped around off-market and toured by Justin Bieber and Haley Baldwin, who allegedly took a shine to the house and initiated escrow on it, though that deal was ultimately called off. (The high-profile couple eventually paid $25.8 million for a different home, this one high in the mountains above Beverly Hills.) In June, the Kohn compound popped up on the open market with a $30 million pricetag, and the property quickly sold for $25.8 million the biggest deal recorded in Brentwood so far this year. The new owners are tech entrepreneur-turned-leading Bitcoin investor Josh Jones , who already lives in the general area but had been seeking a residential upgrade. Described as a young and hip Mediterranean in listing materials, the nearly 9,300 sq. ft. structure was designed by L.A. megamansion specialist William Hefner , with interiors by Estee Stanley . The red-tile-roofed house sports a mesmerizing entryway, with double glass doors that swing into a foyer that opens via another set of double glass doors directly to the backyard, where theres a sprawling lawn and Century City skyline views framed by mature olive trees. Gorgeous herringbone-patterned hardwood floors flow into the living room, which offers a beamed ceiling with a crystal chandelier and fireplace. Other public spaces have decidedly contemporary finishes, like the formal dining that easily seats 10 and opens to an outdoor terrace. The magazine-worthy kitchen offers book-matched marble walls, designer Bluestar appliances sheathed in a shiny black lacquer, and custom rustic oak cabinetry for contrast. Theres also a family room that opens to a screened loggia with a limestone fireplace. Story continues The master suite, one of five bedroom suites in the house, includes multiple banks of windows with dazzling views of the entire L.A. basin and on a clear day the Pacific Ocean, plus a marble-slathered bathroom and dual closets. Theres also an upstairs family room and a carpeted screening room thats more casual than the typical mansions movie theater but perfectly suits the effortlessly luxurious, low-key vibe of the property. Outdoors, the 1.8-acre hilltop lot boasts al fresco dining area, a substantial gated motorcourt, and a lap-lane swimming pool with inset spa. The aforementioned grassy lawn is big enough for a soccer pitch just make sure any out-of-bounds balls dont go flying down the steep hillside. Jones, a 42-year-old alumnus of Claremonts Harvey Mudd College, cofounded web hosting service Dreamhost in 1996. Since then, the company has grown to employ 200 and now services over 400,000 customers worldwide. But to the public at large, Jones may be best-known for his early involvement with Bitcoin , a lucrative investment Jones describes himself as a bitcoin billionaire that turned sour after he reportedly had $45 million worth of bitcoin currency stolen from him online account, a major theft that was widely reported online. In addition to his new $25.8 million Brentwood estate, Jones owns at least four other multimillion-dollar homes on L.A.s Westside, according to property records, all of them in Santa Monica. His main residence appears to be a $6.2 million Cape Cod-style in a leafy part of the city, while he also own side-by-side teardown houses in the same general area. Shortly after the Brentwood mansion was acquired in July, the two Santa Monica teardown were both put up for sale, asking a total of $11.6 million. And in 2018, he purchased a plum oceanfront property in Santa Monica that consists of a 1930s cottage sandwiched between two massive neighboring mansions. Records show that demolition permits have since been acquired for the address in question. Gary Gold of Hilton & Hyland held the listing; David Kramer Â and Andrew Buss , also of Hilton & Hyland, repped Jones. Launch Gallery: Inside Bitcoin Investor Josh Jones' $25.8 Million Brentwood Mansion More from DIRT Billionaire Heir Damien Sabella Buys $9.3 Million Compound on Malibu's Point Dume On 'The Office,' Steve Carell and the Dunder Mifflin Gang Call a Panorama City Studio Home Michael Feinstein Finally Sells Historic Los Feliz Mansion... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support.\nSteering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0.\nBitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666.\nA pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon.\nThrough the 2ndhalf of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels.\nThe rally saw Bitcoin break back through the first and second major resistance levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Sunday.\nRipple’s XRP rallied by 6.50% to lead the way.\nBinance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support.\nBitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners.\nFor the week, it was a mixed bag for the majors, however.\nBinance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains.\nIt was a bearish week for the rest of the pack, however.\nChainlink led the way down, sliding by 12.95%.\nBitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red.\nIn the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn.\nBitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%.\nAt the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0.\nBitcoin tested the first major resistance level at $10,753 early on.\nElsewhere, it was a mixed start to the day.\nLitecoin was down by 0.30% to buck the trend early on.\nIt was a bullish day for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 2.39% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to hold onto $10,700 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,819 before any pullback.\nFailure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Forex Technical Analysis – Retesting Main Retracement Zone at 105.526 to 105.885\n• The Future of DeFi: Boom or Bust?\n• Price of Gold Fundamental Weekly Forecast -Trump’s Health, Stimulus Progress Sets the Tone\n• Oil Price Fundamental Weekly Forecast – Price Rebound Hinges Upon Speed of Trump’s Recovery\n• NZD/USD Forex Technical Analysis – Trader Reaction to .6655 Sets the Tone\n• GBP/USD Daily Forecast – Resistance At The 50 EMA Stays Strong', 'Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support. Steering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0. Bitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666. A pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon. Through the 2 nd half of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels. The rally saw Bitcoin break back through the first and second major resistance levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Sunday. Ripple’s XRP rallied by 6.50% to lead the way. Binance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support. Bitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains. It was a bearish week for the rest of the pack, however. Chainlink led the way down, sliding by 12.95%. Bitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red. In the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn. Story continues Bitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%. This Morning At the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0. Bitcoin tested the first major resistance level at $10,753 early on. Elsewhere, it was a mixed start to the day. Litecoin was down by 0.30% to buck the trend early on. It was a bullish day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.39% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play. Support from the broader market would be needed, however, for Bitcoin to hold onto $10,700 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,819 before any pullback. Failure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Forex Technical Analysis – Retesting Main Retracement Zone at 105.526 to 105.885 The Future of DeFi: Boom or Bust? Price of Gold Fundamental Weekly Forecast -Trump’s Health, Stimulus Progress Sets the Tone Oil Price Fundamental Weekly Forecast – Price Rebound Hinges Upon Speed of Trump’s Recovery NZD/USD Forex Technical Analysis – Trader Reaction to .6655 Sets the Tone GBP/USD Daily Forecast – Resistance At The 50 EMA Stays Strong', 'Bitcoin Bitcoin fell by 1.08% in the week ending 4 th October. Following on from a 1.21% decline from the week prior, Bitcoin ended the week at $10,687.0. It was a mixed but bearish start to the week. Bitcoin rose to a Monday intraweek high $10,986.0 before hitting reverse. Coming up short of the first major resistance level at $11,151, Bitcoin slid to a Friday intraweek low $10,391.0. Steering clear of the first major support level at $10,303 Bitcoin revisited $10,700 levels before easing back. 5 days in the red that included a 1.49% loss on Thursday delivered the downside for the week. A 1.33% gain on Tuesday and 1.22% rise on Sunday offset some of the losses from earlier in the week, however. For the week ahead Bitcoin would need to avoid a fall back through $10,688 pivot to support a run the first major resistance level at $10,985. Support from the broader market would be needed for Bitcoin to break back through to $10,900 levels. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $11,283 before any pullback. Failure to avoid a fall back through the $10,688 pivot would bring the first major support level at $10,390 into play. Barring an extended sell-off, Bitcoin should steer clear of sub-$10,300 support levels. The second major support level sits at $10,093. At the time of writing, Bitcoin was up by 0.36% to $10,726.0. A bullish start to the week saw Bitcoin rise from an early Monday morning low $10,680.0 to a high $10,758.0. Bitcoin left the major support and resistance levels untested at the start of the week. Binance Coin Binance Coin rallied by 10.44% in the week ending 4 th October. Reversing a 0.30% loss from the previous week, Binance Coin ended the week at $28.99. It was a mixed start to the week. Binance Coin fell to a Monday intraweek low $25.27 before finding support. Story continues Steering clear of the first major support level at $23.15 and the 38.2% FIB of $23.5, Binance Coin rallied to a Wednesday intraweek high $29.83. Binance Coin Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,913,551,775 - Hash Rate: 134303836.4311328 - Transaction Count: 294986.0 - Unique Addresses: 635097.0 Social & AI Sentiment: - Fear & Greed Index: 0.42 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: tBTC, an open-sourced project from Keep, Summa, and the Cross-Chain Group,relaunchedon Monday after apaused launchin May. tBTC allows a 1-to-1 exchange of Bitcoin for TBTC, which is an ERC-20 token that can be used in Ethereum DeFi apps. According to astatementfrom Keep, tapping liquidity between Bitcoin and DeFi apps is required for the long-term growth of the cryptocurrency economy. But to do so, the Bitcoin, Ethereum bridge must be safe and reliable, which is what tBTC hopes to provide. Previously, tBTC had to pause its May launch after the team found a “a significant issue in the redemption flow of deposit contracts was identified that put signer bonds at risk in certain situations,” tBTCsaidin a statement. Now, one BTC held in reserve fully backs and matches every TBTC token. tBTC uses a random beacon to select “signers” responsible for depositing BTC so that the company can remain trustless. Those who exchange TBTC to BTC face no intermediary sign-off. Users must perform three steps to mint TBTC on thetbtc.networkand track their Bitcoin. Those behind the project said that tBTC has been the subject of two additional audits following one that took place in March. "tBTC has been tested rigorously and has undergone an unprecedented three audits. tBTC concluded its first security audit, by ConsenSys, in March. In June, we concluded a second audit by Trail of Bits, and in August we completed a new Bitcoin audit," they wrote, writing later: "The alpha launch of tBTC — known as rc.0 — went live on mainnet in May after a public audit from ConsenSys Diligence. While user funds were never at risk, our team discovered an issue and immediately paused accepting new funds while the problem was addressed. rc.1 resolves the issue, and launched with unprecedented security measures in place. tBTC, which uses the highest standard of cryptography, threshold ECDSA, is fully audited, open-source, and with protections for funds." © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/hardballtaz', 'Cash app', 46, '2020-10-05 01:19', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/', 'I hold all my BTC via cashapp. Is there a better recommended way of holding my bitcoin? Has anyone ever had any problems with cashapp? Any advice/suggestions are welcome as for i am very new to BTC and do not know very much!\n\nThanks for any advice you can give me.', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/', 'j58r6i', [['u/razorcatmodular', 12, '2020-10-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qgba6/', 'Look into hardware wallets. Much more secure, go for Trezor if you want the cheapest wallet, cold card or ledger for best quality Wallet. If you don’t want to spend anything I highly advise switching to a true wallet such as BRD.', 'j58r6i'], ['u/[deleted]', 45, '2020-10-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qgc8q/', 'Wallets are listed on bitcoin.org\n\nBitcoins on cashapp are theirs, not yours.', 'j58r6i'], ['u/SandwichOfEarl', 12, '2020-10-05 01:41', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qi18q/', 'Solid advice! But beware of bitcoin.com, the owner of that site tries to push an altcoin called bitcoin cash (BCH) as bitcoin. Bitcoin.org is the better website.', 'j58r6i'], ['u/[deleted]', 13, '2020-10-05 02:14', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qle3k/', "You need to be verified to withdraw BTC. You should do that. Don't use custodial wallets to send funds anywhere but to yourself.", 'j58r6i'], ['u/RDMvb6', 33, '2020-10-05 02:27', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qmqzo/', 'You were told wrong. The biggest fundamental rule of bitcoin is that whoever holds the private keys controls the coin. You are trusting cash app to hold the private key for you, which means you are not the owner. Bitcoins on cash app is like an IOU that you are taking their word on. Although reliable, if something were to happen to cash app like they get hacked or the owner decides to change his name and move to a non-extradition country and take your bitcoin with him, you are SOL. Move it to a hardware wallet or accept the non-zero chance that cashapp could loose it.', 'j58r6i'], ['u/IgnorantBafoon', 17, '2020-10-05 04:00', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qw9oe/', 'WHat this guy means. Is that while your bitcoins are on cashapp. You arent REALY in control of your bitcoin. Same goes for any exchange, really. \nIts not untill you withdraw (think bank) that you have controll over them. \n\n\nHacks happen. The world is unpredictaable.', 'j58r6i'], ['u/weeedtaco', 11, '2020-10-05 04:46', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7r0qzo/', 'I stack BTC on the cash app and send it to cold storage on my hardware wallet every few weeks.', 'j58r6i'], ['u/brianddk', 11, '2020-10-05 06:23', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7r96s3/', "> We reserve the right to block, refuse, or reverse any transaction, in our sole discretion. We will notify the affected parties promptly if we decide to do so, but notification is not required if the transaction is prohibited by these terms or applicable law. Neither we nor third parties to whom we assign or delegate rights or responsibilities will be liable for any claims or damages resulting from prohibited transactions. All costs for research and resolution for any misapplied, misposted or misdirected prohibited transactions will be your sole responsibility and not ours.\n\n[source](https://cash.app/legal/us/en-us/tos)\n\nIf that doesn't scare the shit out of you, I can't imagine anything said on this thread will make a difference.", 'j58r6i']]], ['u/MisterMaury', "I'm looking for fantastic facts about Bitcoin", 42, '2020-10-05 01:44', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/', "I'm going on a financial podcast for Boomers and they are looking for me to make the case that Boomers should allocate at least some funds to Bitcoin.\n\nSafety is a primary concern, so I'm thinking social proof is the way to go. I'm looking for examples of how big Bitcoin is (it's the X largest currency in the world) and how liquid it is (transacts X per day). Perhaps examples of large investors that have invested in Bitcoin (Paul Tudor Jones, Bill Miller, University endowments?) Companies that are in on BTC (Overstock, MicroStrategy) Countries that have adopted Bitcoin, (you can pay your taxes in Switzerland), etc. \nIf there's a way to explain the massive computing power behind Bitcoin that makes sense to a Boomer, that would be good too...\n\nJust looking for memorable facts that Boomers could take away without getting too much in the weeds. (e.g. they may not understand hashpower, etc.)", 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/', 'j594zf', [['u/Mark_Bear', 18, '2020-10-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/g7qjv36/', 'The long term average ROI of Bitcoin has been 100 percent per year and I see no reason for that to end soon.', 'j594zf'], ['u/manic_schoolbus', 16, '2020-10-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/g7qx2ur/', "Bitcoin is currently the world's 35th largest currency, ahead of the Qatari riyal, and behind the Czech koruna (www.fiatmarketcap.com). \n\nHarvard, Stanford, MIT and Yale's endowment funds have invested in cryptocurrencies (https://yaledailynews.com/blog/2018/10/16/report-reveals-that-yale-invests-in-cryptocurrency/)\n\nThere's an estimated 10,000 bitcoin ATM's installed worldwide, depending on the source", 'j594zf']]], ['u/Hell4Ge', 'Why to buy CRO over BTC / ETH?', 14, '2020-10-05 02:32', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/', 'I am still new to cryptoworld.\n\nI am trying to figure out how buying CRO be more beneficial for me rather than buying a classic stablecoin?\n\nI know about some of their benefit programs, but I feel like CRO is not short term buy, nor long run investment.\n\nBTC / ETH are the safe heaven cryptocurrencies and today we need such. Maybe this is wrong time for buying CRO?', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/', 'j59us5', [['u/Y0sephF4', 17, '2020-10-05 02:48', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/g7qoy45/', 'CRO is good if your are using crypto.com exchange or the crypto earn function, you have high percentages for your staking', 'j59us5'], ['u/roox911', 12, '2020-10-05 03:25', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/g7qsq5k/', 'Btc/eth are not stablecoins... And stablecoins don\'t appreciate it depreciate in value... Hence "stable"\n\nSome of us have had cro from 0.02.. it peaked at almost 0.20. 10x in a year is pretty good i reckon. It lately seems tied to the hip to btc, which is fine by me... I also get 20% apy on it for staking.\n\nSeems pretty long term to me mate.', 'j59us5']]], ['u/Criminales78', 'A XMR.TO appreciation thread', 160, '2020-10-05 03:04', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/', "Hi guys,\n\nMany of you already know xmr.to, they are a very important part of the Monero community as they allow us to send BTC to any address at no cost or almost for a small fee. The reason I'm doing this thread today is to thank /u/binaryfate for everything, the minimum has been lowered again from 0.001 BTC to 0.0001 BTC (Lightning from 0.0001 to 0.00005) and it's really crazy. I don't know if they're going to stay that way since it's literally $1 as I speak, but it's fantastic. This service is really vital to a lot of us and I don't think we thank the people behind this site enough.\n\nThanks again, you guys are great.\n\nEdit: It seems that the minimum amount has been returned to its original value, maybe it was a mistake, no idea.", 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/', 'j5abii', [['u/radiv2', 12, '2020-10-05 03:32', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7qte0c/', "It's not like they're doing this for a thank you, there's profit in it. But they found a niche and good for them.", 'j5abii'], ['u/cakewallet', 34, '2020-10-05 05:47', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7r6beg/', 'We love having them as a partner in cake wallet.', 'j5abii'], ['u/lol_VEVO', 32, '2020-10-05 05:58', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7r77mx/', 'The guys at XMR.TO are badasses, although I hope that someday either they update it to be decentralized or a decentralized alternative shows up. But certainly, they are just one example why the Monero community is probably the best in the cryptocurrency space', 'j5abii'], ['u/sech1', 10, '2020-10-05 07:46', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7revlv/', 'Their exchange rate is 2-3% below market for bigger amounts. Consider it a fee.', 'j5abii']]], ['u/oopwheresmypants', 'Okay but... why is the r/smallboobproblems sub so grossly toxic and demeaning?', 28, '2020-10-05 04:46', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/', 'Sometimes I wonder around reddit and I came across the ibtc version of our sub and I realized how gross and toxic it is. Any experiences over there? I’m genuinely upset by it on so many levels.', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/', 'j5bsdy', [['u/dehue', 41, '2020-10-05 05:10', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/g7r31xo/', 'We have had many posts about... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['LONDON, UK / ACCESSWIRE / October 5, 2020 /CFX Quantum platform offers users the ZEROONE product to help them trade easily and safely through arbitrage. To achieve this, CFX Quantum relies on quantum-inspired computing achieved through Fujitsu\'s Digital Annealer chip.\nAbout ZEROONE\nZEROONE was created out of a collaborative effort among CFX Quantum, University of Milan, Khalifa University Research Center and Smartxchange. They came up with a trading algorithm that helps to take full advantage of light-speed technology made possible through quantum-inspired computing.\nZEROONE is a system of assets arbitrage trading combined with predictive allocation with a focus on the crypto market. By combining arbitrage trading with quantum-inspired computing, it may possibly achieve risks of close to zero in a sequence of trades.\nThe system by which trades are made was developed through input from SmartXchange. That is a company with leading-edge expertise in sophisticated trading and financial mathematical combined with independent, high-tech traders.\nHow the Fujitsu Digital Annealer Helps\nFujitsu has developed a digital Annealer chip that can provide quantum-inspired computing performance. The Fujitsu approach solves intractable industry problems by building the software necessary to harness the quantum-inspired hardware technologies to solve them. Such performance would not be possible with classical computing. The Fujitsu Digital Annealer can evaluate vast numbers of potential outcomes at the same time and produce results in real-time. Today, even the fastest supercomputers would not be able to accomplish such a feat.\nThe goal of Fujitsu is to achieve high-performance that is affordable and accessible to most companies. Unfortunately, real quantum computing is still years away from becoming accessible to most businesses.\nOptimizing Arbitrage Trading\nFor those looking for a low-risk way to invest in the crypto market, arbitrage trading is a way to do it. There are several arbitrage methodologies. A pure arbitrage it is merely the act of buying an asset, in this case, crypto from one exchange, and selling it at another exchange for a higher price.\nDue to the highly fractured nature of the crypto market, it can be an excellent opportunity to make a constant profit. No matter the price of the crypto, there is always a profit to be made through this method.\nHowever, the main problem is that the technology used to power the crypto markets is continually improving. Additionally, those involved in arbitrage trading are also improving their technology. As it stands, the profits that can be made from arbitrage trading are usually small. In some cases, they are the fractions of a per cent.\nTo make a profit, you need to ensure that you are using the best technology available to boost speeds. It ensures that you can maximize your speeds and thus maximize your chances of making a profit. With arbitrage trading, the speed of execution is the most critical factor, and nothing is faster than quantum-inspired computing. Its speeds cannot be matched by classical computing because of the limitations of how they work.\nHow Users of CFX Quantum Benefit From Using ZEROONE\nThe ZEROONE platform is designed to help investors that are unwilling to risk to earn a steady income from their crypto holdings. As it stands, many people around the world do not understand anything from their crypto assets and liquidity.\nThe ZEROONE platform simply provides users with an opportunity to have their money work from them. For now, the platform will focus on crypto assets. However, as it grows, it will add support for other types of assets, including fiat currencies.\nThe Risk\nIn arbitrage trading, zero risk means that the risk has been reduced to the lowest possible risk. Besides that, there is the risk of exchanges failing to release money once a trade is closed due to hacking, system failure, or fraud. CFX Quantum platform will work with top tier crypto exchange and OTC desks to minimize the settlement risk.\nSimilar to Cold Staking\nIf you have been in the crypto world for a while, you have heard of cold staking. It is a risk-free method of storing your crypto with a trusted party and earning profits from it. The only difference is that the ZEROONE product allows you to \'Stake" your Bitcoin and receive a 1% return every month.\nA New Era of Finance\nThe ZEROONE platform, made possible through Fujitsu, Digital Annealer chip is the start of a new era. For the first time, a trading platform has been developed that achieves amazing performance without having to increase the level of risk.\nIf you want to be a part of CFX Quantum\'s upcoming IEO, and get behind Social Trading, you can learn more by visiting\nThe website:https://token.cfxquantum.com/\nToken sale landing page:https://latoken.com/ieo/CFXQ\nJoin the community:https://t.me/CFXQuantumGroup\nMedia contactCompany: CFX QUANTUM LTDContact: Virgilio DegiovanniE-Mail: [email protected]: +44 7471655293Website:https://token.cfxquantum.com/\nSOURCE:CFX QUANTUM LTD\nView source version on accesswire.com:https://www.accesswire.com/609239/CFX-Quantum-Platform-Announces-ZEROONE-Product-for-Arbitrage-Trading', 'LONDON, UK / ACCESSWIRE / October 5, 2020 / CFX Quantum platform offers users the ZEROONE product to help them trade easily and safely through arbitrage. To achieve this, CFX Quantum relies on quantum-inspired computing achieved through Fujitsu\'s Digital Annealer chip. About ZEROONE ZEROONE was created out of a collaborative effort among CFX Quantum, University of Milan, Khalifa University Research Center and Smartxchange. They came up with a trading algorithm that helps to take full advantage of light-speed technology made possible through quantum-inspired computing. ZEROONE is a system of assets arbitrage trading combined with predictive allocation with a focus on the crypto market. By combining arbitrage trading with quantum-inspired computing, it may possibly achieve risks of close to zero in a sequence of trades. The system by which trades are made was developed through input from SmartXchange. That is a company with leading-edge expertise in sophisticated trading and financial mathematical combined with independent, high-tech traders. How the Fujitsu Digital Annealer Helps Fujitsu has developed a digital Annealer chip that can provide quantum-inspired computing performance. The Fujitsu approach solves intractable industry problems by building the software necessary to harness the quantum-inspired hardware technologies to solve them. Such performance would not be possible with classical computing. The Fujitsu Digital Annealer can evaluate vast numbers of potential outcomes at the same time and produce results in real-time. Today, even the fastest supercomputers would not be able to accomplish such a feat. The goal of Fujitsu is to achieve high-performance that is affordable and accessible to most companies. Unfortunately, real quantum computing is still years away from becoming accessible to most businesses. Optimizing Arbitrage Trading For those looking for a low-risk way to invest in the crypto market, arbitrage trading is a way to do it. There are several arbitrage methodologies. A pure arbitrage it is merely the act of buying an asset, in this case, crypto from one exchange, and selling it at another exchange for a higher price. Story continues Due to the highly fractured nature of the crypto market, it can be an excellent opportunity to make a constant profit. No matter the price of the crypto, there is always a profit to be made through this method. However, the main problem is that the technology used to power the crypto markets is continually improving. Additionally, those involved in arbitrage trading are also improving their technology. As it stands, the profits that can be made from arbitrage trading are usually small. In some cases, they are the fractions of a per cent. To make a profit, you need to ensure that you are using the best technology available to boost speeds. It ensures that you can maximize your speeds and thus maximize your chances of making a profit. With arbitrage trading, the speed of execution is the most critical factor, and nothing is faster than quantum-inspired computing. Its speeds cannot be matched by classical computing because of the limitations of how they work. How Users of CFX Quantum Benefit From Using ZEROONE The ZEROONE platform is designed to help investors that are unwilling to risk to earn a steady income from their crypto holdings. As it stands, many people around the world do not understand anything from their crypto assets and liquidity. The ZEROONE platform simply provides users with an opportunity to have their money work from them. For now, the platform will focus on crypto assets. However, as it grows, it will add support for other types of assets, including fiat currencies. The Risk In arbitrage trading, zero risk means that the risk has been reduced to the lowest possible risk. Besides that, there is the risk of exchanges failing to release money once a trade is closed due to hacking, system failure, or fraud. CFX Quantum platform will work with top tier crypto exchange and OTC desks to minimize the settlement risk. Similar to Cold Staking If you have been in the crypto world for a while, you have heard of cold staking. It is a risk-free method of storing your crypto with a trusted party and earning profits from it. The only difference is that the ZEROONE product allows you to \'Stake" your Bitcoin and receive a 1% return every month. A New Era of Finance The ZEROONE platform, made possible through Fujitsu, Digital Annealer chip is the start of a new era. For the first time, a trading platform has been developed that achieves amazing performance without having to increase the level of risk. If you want to be a part of CFX Quantum\'s upcoming IEO, and get behind Social Trading, you can learn more by visiting Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,351,992,288 - Hash Rate: 124710705.25748046 - Transaction Count: 317922.0 - Unique Addresses: 692891.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: More than 55 million Americans have filed for unemployment since the beginning of the coronavirus pandemic, and even though the number of people filing has been decreasing since it peaked in April, people are still losing their jobs. If you’re out of work, you might be considering a career change. There are a number of nontraditional jobs you might not even know about because they are so new — many of which you can do from home. These jobs have cropped up over the past decade thanks to the founding of now-popular companies that didn’t even exist 10 years ago, like Bird scooters (founded in 2017), Instagram (launched in 2010) and Lyft (launched in 2012). See thenew roles companies are hiring for. Last updated: Sept. 17, 2020 • Average salary:$26,350 Virtual assistants perform the typical duties and services of an assistant, except instead of going into the office every day, they complete their tasks from home or another remote location. • Average salary:$30,197 Bird scooters started popping up in Santa Monica, California, in late 2017, and since then the company has expanded around the world. More companies have also gotten into the electric scooter game, including Lime and Spin. With the rise in popularity of e-scooters came the need for people to charge them. These individuals scoop up as many scooters as they can fit in their car or van, plug them in to charge them up and redistribute them. • Average salary:$31,164 Delivering goods is nothing new, but with a smattering of apps now allowing people to get anything delivered at any time, there’s enough delivery work available to turn this into a full-time gig. • Available salary:$31,200 Social media content moderators monitor posts and uploads on a social media platform and decide whether or not they require a response. They may engage with the community, investigate issues, provide customer support or respond to inquiries. This job didn’t exist before social media, which is still relatively new. Facebook was founded in 2004, but wasn’t open to a wider audience until 2006. YouTube launched in 2005, Twitter debuted in 2007, Instagram launched in 2010 and TikTok came to the U.S. as Musical.ly in 2014. • Average salary:$33,048 In 2012, Colorado and Washington became the first states to legalize marijuana for recreational purposes; since then nine other states and Washington, D.C. have also legalized it, Vox reported. With the rise of legalized marijuana came the rise of dispensaries, creating the “budtender” job. These dispensary employees help customers and patients select cannabis products that fit their needs. • Average salary:$33,048 Bloggers can create online content around any topic they choose, from fashion to finance. Although most blogs don’t achieve high levels of financial success, some bloggers — like Michelle of Making Sense of Cents and Alex and Lauren from Create and Go — make upwards of $100,000 per month, according to Let’s Reach Success. Bloggers can earn income from different revenue streams, including affiliate marketing, ads and sponsored posts. Find Out:30 Ways Offices Are Changing as Companies Plan To Reopen • Average salary:$39,827 Professional gamers make their living by live-streaming themselves playing video games for viewers. One of the most popular platforms for game streaming is Twitch, which was founded in 2011 and now has over 3 million monthly streamers, CNBC reported. For popular gamers, this gig is incredibly lucrative — Forbes reported that the top 10 gamers of 2019 collectively raked in more than $120 million for the year. Some of the top-earning gamers include Tyler “Ninja” Blevins, Felix “PewDiePie” Kjellberg and Preston Arsement. • Average salary:$40,089 Although CrossFit was founded in 2000, it did not become the worldwide phenomenon that it now is until the 2010s. There are now 15,000 CrossFit affiliated gyms around the globe. • Average salary:$42,864 Ride-hailing driving is now an integral part of the gig economy, but it’s actually a relatively new job. The first-ever Uber ride happened in San Francisco in 2010; Lyft launched two years later. • Average salary:$46,703 Influencers use social media as a platform to promote a product or brand to their followers. The more followers and engagement an influencer has, the more money they can make, with some earning six figures for a single post. Some of the highest-paid influencers include Lele Pons, Charli D’Amelio and Zach King, according to Hopper. • Average salary:$49,589 SEO specialists are marketing professionals who use research and analysis to boost a website’s ranking on search engines like Google. These specialists find the most popular and relevant keywords used in search engine queries and place them on websites, which helps search engines find those sites and display them to web users. Be Aware:Don’t Waste Your Money on These 26 College Degrees • Average salary:$50,473 Social media managers help brands get more exposure through social media platforms. They create editorial calendars and come up with marketing strategies to help a brand reach its goals. • Average salary:$58,627 There are now 2,800 escape rooms worldwide, but the idea dates back to 2010 when Attila Gyurkovics opened the first one in Budapest, Hungary, Bro Bible reported. Escape room game masters organize gameplay, make sure that players know the rules and make sure the rules are followed. • Average salary:$59,515 3D printing actually dates back to the 1980s but it did not become popular until 2009, according to Sculpteo. This technology is now used in a number of different industries including medicine and construction. 3D printing technicians prepare projects in a printed format using advanced equipment and work directly with clients to ensure that the job meets expectations. • Average salary:$62,453 Data scientists collect, analyze and interpret large data sets, and use this information to develop solutions to a business’ challenges. • Average salary:$64,370 Podcasting technology has existed since 2004, but Serial can perhaps be credited for making it into the phenomenon that it is today. The wildly popular, often emulated show debuted in 2014. Podcast producers oversee the production of a podcast. Responsibilities can include sound engineering, story development, editing, conducting interviews and fact-checking. • Average salary:$68,741 An educational technologist provides support and helps with the development, implementation and analysis of new learning technologies, including computer hardware and software, e-Learning courses and projects, instructional videos and Learning Management Systems. • Average salary:$72,323 Autonomous driving engineers create and test the control systems and sensors placed within a self-driving vehicle. The job typically requires a bachelor’s degree and several years of experience, preferably in a field like mechanical engineering or programming. There are a number of companies currently developing autonomous vehicles, including Waymo, General Motors and Tesla. Check Out:Best and Worst Cities To Score Your Dream Job • Average salary:$72,323 These engineers work as part of a team to design, develop and test clean vehicles. • Average salary:$73,884 These engineers research and develop ways to provide clean energy sources and green solutions for the world’s energy needs. Duties can include designing machines and systems to capture and distribute energy from wind, solar and geothermal resources. • Average salary:$77,368 In 2019, millennials became the largest living generation so businesses need to know how to get millennials as a part of their workforce and how to capture their spending dollars. That’s where millennial experts come in — yes, this is actually a real job. These experts consult with companies to help them appeal to millennials, either as prospective employees or prospective customers. • Average salary:$80,801 This is another job that didn’t exist before social media. The CLO keeps track of all social media activity and a company’s face-to-face communication with customers. The CLO then creates reports that illustrate the effectiveness of a company’s communication efforts. • Average salary:$87,854 Virtual reality game designers use 3D design skills to create immersive digital worlds via sketches or computer-aided design. They may also design specific features of a virtual reality game. Read:10 Essential Jobs Across America With Big Paychecks for Employees • Average salary:$89,823 Employment brand managers work to cultivate and share insights into a company’s job-seeking process and make the process seem appealing to prospective job applicants. This role arose as sites like Glassdoor — which was founded in 2007 — made the job application process more transparent. • Average salary:$96,016 Mobile developers translate code into user-friendly applications. They contribute to the design, testing, releasing and support of apps. When Apple introduced the App Store in 2008, it provided a platform for mobile app developers to share their applications with the world. • Average salary:$101,407 Bitcoin is the first cryptocurrency to go mainstream, and it was introduced in 2009. Traders can buy and sell cryptocurrencies — including Bitcoin and Ripple — on cryptocurrency exchanges, much in the way that stocks are bought and sold. • Average salary:$107,309 Cloud architects design cloud computing systems based on a company’s needs and oversee the systems to ensure that they run properly, troubleshooting when needed. • Average salary:$114,121 The idea of artificial intelligence dates back to the 1950s but it wasn’t until recent years that AI has become ubiquitous. We can now mine large amounts of data that’s too much for a human to process, so a number of industries — including banking, marketing and entertainment — rely on AI to pull out relevant insights. These companies depend on engineers to create the right kind of AI technology that harnesses these capabilities in a way ... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', 'Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', 'Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', "Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international positions that U.S. authorities have tried to hold them back.\nNow, the technological arms race is playing out in the cryptocurrency industry, where one Chinese company is taking on Ethereum, the world’s second-largest blockchain, which U.S.-based developers have used to build semi-automated trading and lending networks under the rubric of decentralized finance, or DeFi.\nNeo took aim at DeFi in late September with its launch of a new platform called Flamingo. Da Hongfei, a Neo co-founder, told CoinDesk in an interview the protocol will eventually provide users withfeaturesfound on popular Ethereum-based projects like Uniswap, Curve Finance, yearn.finance and Synthetix.\nRelated:BlueWallet Adds Privacy Feature 'PayJoin' for Bitcoin Transactions\nFlamingo is not simply a product of “copy and paste,” the co-founder said in an interview. “It’s like rebuilding a parallel universe.”\n– Muyao Shen\nRead More:Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?\nBitcoindefended the psychological support of $10,500 early Wednesday as Asian stocks shrugged off overnight weakness on Wall Street, reducing\xa0haven demand for the U.S. dollar.\nRelated:Market Wrap: Bitcoin Regains $10.6K; High-Balance Ether Addresses Decline\nEuropean stocks, too, are trading higher at press time alongside gains in the S&P 500 futures.\nRisk sentiment, which weakened Tuesday following U.S. President Donald Trump’s decision to abort the fiscal stimulus negotiations, was restored earlier today after he reversed course and urged Congress to approve a series of coronavirus relief measures, including a new round of $1,200 stimulus checks.\nThat said, a large-scale stimulus is unlikely to come through any time soon. As such, both bitcoin and stocks may have a tough time scoring significant gains.\nIndeed, minutes of the latest Federal Reserve meeting, due at 18:00 GMT, are expected to reiterate tolerance for high inflation. That dovish message, however, has already been priced in by markets.\nFor now, the cryptocurrency remains trapped in a narrowing price range. Contracting triangles usually end with violent moves on either side.\nGrowth in the new bitcoin addresses has recently picked up. According to blockchain\xa0analyst Cole Garner, that has bullish implications for price. However, according to\xa0Alex Melikh Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,351,992,288 - Hash Rate: 144856280.7221504 - Transaction Count: 370554.0 - Unique Addresses: 762636.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Breaks Out of Consolidation Pattern, Aiming for $11,300 On Monday, September 14th, the pioneer cryptocurrency appears to have broken out of the consolidation pattern mentioned above. Although BTC opened Mondays trading session hovering around the triangles hypotenuse at $10,366.72, it quickly began to trend up. A steady increase in buying pressure behind Bitcoin at around 1:00 UTC saw its price shoot up over 4% throughout the following 15 hours. By 16:00 UTC, BTC had turned the x-axis of the ascending triangle into support, confirming the bullish breakout. Bitcoin was able to rise to an intraday high of $10,760.62 but suffered a small correction towards the end of the day. As Mondays trading session came to an end, the bellwether cryptocurrency had retraced 0.73% to $10,679.95. Due to the bullish price action, Bitcoin provided investors a daily return of 3.32%. Now, a further spike in demand could see its price surge towards $11,300, which is the target presented by the ascending triangle pattern. On-chain data reveals that there is no significant supply barrier ahead of BTC that will prevent it from achieving its upside potential. Ethereums Price Continues To Be Contained Within a Parallel Channel Ethereums 1-hour chart shows its price seems to be contained within an ascending parallel channel since September 6th. Since then, each time the smart contracts giant rises to this technical formations upper boundary, it gets rejected and drops to the lower border. From this point, it tends to bounce back up, which is consistent with a channels characteristics. Such price behavior was seen on Monday, September 14th. Ethereum kicked off the day at a high of $366.58 and quickly dropped to test the support provided by the lower boundary of the ascending parallel channel. This hurdle was able to hold, allowing prices to rebound, just like it has happened in the last eight days. Story continues The rejection from this support level was followed by a 7.38% upswing that saw Ether rise to the parallel channels middle line. The second-largest cryptocurrency by market capitalization was able to make an intraday high of $384.61. However, investors appear to have taken advantage of the rising price action to realize profits. The spike in sell orders led to a 3.44% correction, pushing Ethereum back down to a low of $371.38. But as the day came to an end, ETH recovered some of the losses incurred and closed at $377.28. Investors were able to grasp a daily return of 2.92%. Ambiguous Outlook for the Top Two Cryptocurrencies While Bitcoin seems poised for a further advance to $11,300, things do not look optimistic for Ethereum. The parallel channel that the smart contracts giant has formed within its hourly chart looks to be part of a bear flag in higher time frames. The downswing at the beginning of the month created the flagpole while the ongoing consolidation period created the flag. If this technical pattern is validated, Ether could be bound for a 35% downswing towards $230. Several on-chain metrics suggest that the $360-$370 support level may have the ability to hold since 650,000 addresses are holding over 10 million ETH around this price level. Although such a significant supply wall could absorb some of the selling pressure, slicing though it could be catastrophic for Ethereum. Given the ambiguous outlooks that Bitcoin and Ethereum present, it is imperative to implement a robust risk management strategy to avoid getting caught on the wrong side of the trend. For a look at all of todays economic events, check out our economic calendar . Konstantin Anissimov, Executive Director at CEX.IO This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast Silver Markets Struggle at The Same Level USD/JPY Price Forecast US Dollar Get Hammered Against Japanese Yen S&P 500 Price Forecast Stock Markets Rally Yet Again in Early Trading Crude Oil Price Forecast Crude Oil Markets Continue to Look Vulnerable USD/CAD Daily Forecast Another Attempt To Get Above 1.3200 Natural Gas Price Forecast Natural Gas Bounce from 50 Day EMA... - Reddit Posts (Sample): [['u/DuncnIdahosBandurria', 'DITO rockets up 20%, drops 30%, then finishes flat... the Aristocrats! (Wednesday, Oct 7)', 36, '2020-10-07 02:00', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/', '#Happy Wednesday, Barkada --\r\n\r\n#The PSE closed down 28 points to 5911 ▼0.5%.\r\n\r\nGood news! I have a couple of people who are potentially interested in sponsoring MB, so I\'m excited to explore those opportunities. My goal has always been to simply be revenue neutral, and to keep MB free for everyone to enjoy. (inb4 "RAID Shadow Legends" ad)\r\n\r\nShout-out to Christine for her suggestion to try and improve the bottom-line of MB by moving from Mailchimp to SendFox. It\'s something I\'m going to look into, but I\'m very careful about making changes. I\'ll have to investigate. Thanks also to /u/Jack_ol_lantern for suggesting ways to leverage my domain to try a "roll your own" alternative, and to /u/nikohd for suggesting I offer a bitcoin donation address. \r\n\r\nI\'ve got lots to study this weekend! No complaints here, though. Exciting times in MB town.\r\n\r\n#[Daily meme](https://i.imgur.com/nMh1Hgm.jpg) \| [Join MB](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb) \| [Today\'s email](https://mailchi.mp/6e34f588135c/dito-rockets-up-20-drops-30-then-finishes-flat-the-aristocrats)\r\n\r\n#COVID Update\r\n WW: 35721388\r\n PH: 324740\r\n\r\n#Top 3 MB indices:\r\n Logistics ▲2.23%\r\n POGO Gaming ▲0.46%\r\n 2019 IPOs ▲0.35%\r\n\r\n#Bottom 3 MB indices:\r\n Media ▼6.52%\r\n 2020 IPOs ▼2.51%\r\n Fast Food ▼2.03%\r\n\r\n#Main stories covered:\r\n\r\n>- [UPDATE] ABS-CBN [ABS 9.00 ▼14.93%] confirms distribution deal with Zoe TV’s rebranded “A2Z Channel”... this is just confirmation of the fire that caused the ceiling-play smoke a couple of days ago that saw the ABS stock price rise 50% intraday. According to this press release, ABS-CBN and Zoe Broadcasting Network Inc have made a deal to show “some entertainment shows and movies of ABS-CBN” on A2Z Channel 11, a newly re-branded Zoe Broadcasting Network channel that will broadcast on analog TV in Metro Manila and surrounding provinces. ABS content will start appearing on this new A2Z channel starting October 10.\r\n> - *MB:* No details yet on what content, exactly, will be shown, but the wording of the press release is interesting. It mentions “entertainment and movies” specifically, but leaves out politically-adjacent topics like news or analysis/interview shows. The Inquirer is reporting a rumor that “It’s Showtime” and “ASAP Natin ‘To” will be part of the content to make its way to A2Z Channel 11, but that has not been confirmed. Investors will want to watch this closely to see how well ABS is able to monetize this agreement with advertising, and to see how the government reacts as more ABS content moves into this pipeline.\r\n\r\n>- [UPDATE] Wild DITO CME [DITO 6.81 unch], NOW Communications [NOW 4.98 ▲13.44%], and Chelsea Logistics [C 5.90 ▼4.07%] price action in yesterday’s session... the NOW and DITO pump has been massive and constant. But this last week was especially spicy, with yesterday’s session just an absolute gong-show that caused brokerage meltdowns. DITO opened the day at P7/share, up 3% on the previous day’s close, and steadily gained to a high-water mark of P8.02/share (+18%) at around 11:45am. At 11:45am, DITO had a marketcap of P22.5bn. In the next 27 minutes, DITO would lose P7.4bn in marketcap as the price imploded to P5.38/share, swinging from an 18% gain on the day to a 21% loss. Then, over the next 30 minutes, completely erasing that loss and ending the day right where it started, at P6.81/share. 2.09 billion shares changed hands on the PSE yesterday; DITO accounted for 16% of the day’s total volume (355 million shares). The three companies combined accounted for over 28% of all shares traded.\r\n> - *MB:* MB: The amount of market uncertainty here is incredible. Traders love it, investors hate it. DITO doesn’t even own DITO Telecommunity, or anything else of material value for that matter, NOW just diluted shareholders with a bearish low-price sweetheart deal, and Chelsea is a company of tugboats and passenger ferries that happens to own a sliver of Dennis Uy’s enigmatic telecom. NOW has a long history of playing the “press release pump and dump” game, and I can only imagine that it’s happy just to be along for the ride, fluffing feathers before a potential IPO by way of introduction. Everyone in the Philippines can sense that connectivity is a bull market, whether that be mobile data (C, GLO, TEL.... then NOW) or broadband (GLO, TEL, CNVRG)...so money just keeps pouring into telco-related stocks. And it makes sense, too, given how few options there are right now on the PSE for anything that looks both pandemic-resilient and secularly profitable. But some of these things are not like the others. Some of these things will crush it, and some will not. Be careful trading telcos that you remember whether you’re being a trader (short term) or an investor (long term). Don’t start out as a trader, forget to place stops, then wind up as an investor with an investment that’s underwater. BE CAREFUL. EDIT: Also, COL Financial, get your act together. You blew AREIT and MM, and you blew yesterday\'s Telecommotion. At this point, traders/investors should not make plans in reliance on COL Financial\'s execution of a buy or sell trade.\r\n\r\nMB is posted to /r/PHinvest every Monday and Wednesday, but my newsletter goes out daily. To stay in the loop for daily email delivery, please join the barkada by signing up for the [newsletter](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb), or follow me on [Twitter](https://twitter.com/MerkadoBarkada).\r\n#Join our Barkada [here](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb)\r\n#Read today\'s full email [here](https://mailchi.mp/6e34f588135c/dito-rockets-up-20-drops-30-then-finishes-flat-the-aristocrats)', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/', 'j6gkc3', [['u/SteveGreysonMann', 18, '2020-10-07 03:38', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yl24i/', 'Because it\'s actual fake news dude. DITO is a holdings company. C owns 25% Dito Telecom. This has been repeated over and over but this user doesn\'t get it. And yet people are comparing a holdings stock to TEL and GLO prices already and saying "holy shit 6 pesos for a Telco stock!"\n\nAnd what\'s the point of looking back to those who bought at 1.00-1.50?. It\'s a lucky gamble. That\'s not investing. I swing trade too but I don\'t go around Reddit hyping stocks I have positions in.', 'j6gkc3'], ['u/that_omashu_merchant', 11, '2020-10-07 04:27', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yq71f/', 'Do we have some consumer protection law in PH that can be used against our brokers? Voting with our money by transferring to another broker should not be the only action ... these brokers should get punished for providing poor service. They should be fined, and heck, get their license revoked if they continue not reaching a certain level of SLA.', 'j6gkc3'], ['u/tagongpangalan', 12, '2020-10-07 04:56', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yt4mh/', "I thought you got what I was saying in yesterday's thread. Maybe you would want to go through the threads I shared. $DITO isn't DITO Telecommunications. Putting money into $DITO thinking its DITO Telecommunications is just wrong, even worse is advising people to invest into $DITO because of this. \n\n* [https://www.reddit.com/r/phinvest/comments/j5id1p/im\\_confused/](https://www.reddit.com/r/phinvest/comments/j5id1p/im_confused/)\n* [https://www.reddit.com/r/phinvest/comments/hzwjo7/dito\\_people\\_can\\_you\\_justify\\_your\\_hype\\_for\\_the/fzltbo9?utm\\_source=share&utm\\_medium=web2x&context=3](https://www.reddit.com/r/phinvest/comments/hzwjo7/dito_people_can_you_justify_your_hype_for_the/fzltbo9?utm_source=share&utm_medium=web2x&context=3)\n* [https://www.reddit.com/r/phinvest/comments/hrdigl/dito\\_cmes\\_q1\\_profit\\_up\\_978\\_yy\\_on\\_lending\\_to/](https://www.reddit.com/r/phinvest/comments/hrdigl/dito_cmes_q1_profit_up_978_yy_on_lending_to/)", 'j6gkc3']]], ['u/Brendan3005', 'TCAP Testnet Signup!', 45, '2020-10-07 03:52', 'https://www.reddit.com/r/TotalCryptoMarketCap/comments/j6iaal/tcap_testnet_signup/', "Hi Everyone!\n\nWe are really excited to have you try out the TCAP testnet! Helping us make sure this all works well before we launch to the world on mainnet is so, so important to us. We do not ship in prod :)\n\nWhat is a testnet? The testnet is a simulation to make sure that minting, burning, trading, and pooling TCAP works before mainnet launch. No real crypto is involved, you will be using test ETH, test WETH, test WBTC and test DAI.\n\nIs it hard? No! You do not need to be a developer to try the TCAP testnet. The process is no harder than minting, burning, or trading any existing coin or token. We will include a tutorial for completing the entire process when we launch testnet.\n\nWill I be rewarded? Yes! We are offering a collectible POAP ([poap.xyz](https://poap.xyz/)) to those who are able to help us. The POAP will be designed by an up and coming crypto artist and can only be received for testing the TCAP testnet. It's compatible with any ERC-20 wallet.\xa0\n\nWhat do we ask of you? Once you sign up for testnet (by commenting 'count me in'), we will send you a testnet link at the end 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: ['MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge Mirror Trading International (Pty) Limited is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members. Mirror Trading International (Pty) Limited is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members. Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances \x97 the groundbreaking potential of blockchain technology can no longer be underestimated. Mirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology. The MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include: MTI Tutorials - educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly. Bitcoin Training - all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics. Business Building & Personal Development - since its inception, the MTI Members Portal has evolved and expanded in accordance with the community\x92s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business. Zoom Calls - the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have. Story continues The features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International. Media Details \x96 company name: Mirror trading international Website: https://mirrortradinginternational.com Email: [email protected] Attachment MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge View comments', 'Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances — the groundbreaking potential of blockchain technology can no longer be underestimated.\nMirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology.\nThe MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include:\nMTI Tutorials- educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly.\nBitcoin Training- all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics.\nBusiness Building & Personal Development- since its inception, the MTI Members Portal has evolved and expanded in accordance with the community’s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business.\nZoom Calls- the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have.\nThe features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International.\nMedia Details –\ncompany name:Mirror trading international\nWebsite:\nhttps://mirrortradinginternational.com\nEmail:[email protected]\nAttachment\n• MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge', 'Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances — the groundbreaking potential of blockchain technology can no longer be underestimated.\nMirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology.\nThe MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include:\nMTI Tutorials- educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly.\nBitcoin Training- all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics.\nBusiness Building & Personal Development- since its inception, the MTI Members Portal has evolved and expanded in accordance with the community’s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business.\nZoom Calls- the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have.\nThe features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International.\nMedia Details –\ncompany name:Mirror trading international\nWebsite:\nhttps://mirrortradinginternational.com\nEmail:[email protected]\nAttachment\n• MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge', "The founders of BitMEX are stepping down from their executive roles at the parent firm 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: 2020-10-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $196,359,211,422 - Hash Rate: 155408725.01316798 - Transaction Count: 330227.0 - Unique Addresses: 698982.0 Social & AI Sentiment: - Fear & Greed Index: 0.46 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s price is trending up while August has been a hot month for the cryptocurrency in decentralized finance. Bitcoin (BTC) trading around $11,857 as of 20:00 UTC (4 p.m. ET). Gaining 1.3% over the previous 24 hours. Bitcoin’s 24-hour range: $11,568-$11,891 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin is on the uptrend, going as high as $11,891 with buyers outnumbering sellers in the market Thursday. ”This is similar to what we saw on Sunday, Aug. 9 – a quick move from $11,500 to $12,000 and then back to $11,300,” said John Willock, CEO of crypto asset manager Tritum. “Maybe we’ve got $13,500 in the next phase up in the coming days,” he added. Read More: Bitcoin Risks Deeper Drop if Dollar Rebounds Related: Blockchain Bites: Bitcoin's Weary Bulls, ETC's Action Plan, INX's IPO David Lifchitz , chief investment officer for quant trading firm ExoAlpha, expects a bitcoin price bull run to proceed should it overcome a nearby hurdle. “All in all, $12,500 is the key level to watch for a sustainable breakout on strong volume,” he said. ”Anything different will be a fake, as it can be seen many times in a historical chart of BTC/USD.” In the bitcoin options market, open interest (the number of outstanding contracts) is starting to level off after passing the $2 billion mark for the first time since July. Juicy returns in the DeFi market are making traders lose interest in options, according to Viashl Shah, founder of derivatives exchange Alpha5. “Every derivatives trader that was looking for incremental yield and levered returns has been besotted by the magnitude of moves in DeFi,” Shah told CoinDesk. “So, naturally, cost of capital dictates at least some attention that way.” Read More: Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Bitcoin on DeFi doubles in August Related: 0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading Story continues Ether (ETH), the second-largest cryptocurrency by market capitalization, was up Thursday, trading around $415 and climbing 4% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More: Algorand’s Move Into DeFi Gives ALGO Price a Boost At the start of the year, the number of bitcoin locked in decentralized finance, or DeFi, stood at 1,453 BTC. That amount is now up to 48,922 BTC as of Thursday. In August alone, bitcoin in DeFi has more than doubled from 20,890 BTC at the first of the month. Decentralized finance is giving investors new avenues to generate income, or “yield,” and, as a result, bitcoin owners have over $570 million worth of BTC at current prices locked in the DeFi ecosystem. Michael Gord, co-founder of trading firm Global Digital Assets, says many traders are taking gains and buying more bitcoin given the potential ephemeral nature of DeFi. “I’d assume that DeFi profits are being put back into BTC as the safe asset,” he told CoinDesk. “DeFi long term will revolutionize finance, but this short-term bubble is bound to pop eventually, in my opinion.” Other markets Digital assets on the CoinDesk 20 are mostly in the green Thursday. Notable winners as of 20:00 UTC (4:00 p.m. ET): 0x (ZRX) + 22.3% qtum (QTUM) + 16.5% basic attention token (BAT) + 16.2% Read More: OMG Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’ One notable loser as of 20:00 UTC (4:00 p.m. ET): chainlink (LINK) – 3.1% Read More: High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network Equities: In Asia the Nikkei 225 ended the day slipping 1%, dragged down by manufacturer Dainippon losing 5.1% and Yahoo Japan down 4.5% . In Europe, the FTSE 100 closed in the red 1.6% as U.S. unemployment numbers jumped to 1.1 million this week . The United States’ S&P 500 gained 0.30% as tech stocks again made gains and has been the best-performing sector of the index so far this year . Read More: Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises Commodities: Oil is is flat, up 0.05%. Price per barrel of West Texas Intermediate crude: $42.77. Gold was in the green 1.2% and at $1,927 as of press time. Read More: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Treasurys: U.S. Treasury bonds all slipped Thursday. Yields, which move in the opposite direction as price, were down most on the 10-year, in the red 5.2%. Read More: BlockFi Raises $50M as Crypto Lending Soars Related Stories Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Let’s say you’re a 17-year-old high school senior. You finished near the top of your class, you nailed your SATs and now you’re trying to figure out where to go to college. Option A is an elite university that will likely (but not certainly) reward you with a decent job, but it will also guarantee a crushing $200,000 in debt, and who knows what the economy will look like in four years, or even if we have an economy, or even if we have a planet? This story is part of the CoinDesk U series about blockchain at universities. See our ranking of U.S. universities here . Related: Looking for a Job in Crypto? Here Are 5 Skills You Need Option B is a school that “only” leaves you with $80,000 in debt but it has the whiff of mediocre compromise. What if there’s a Secret Option C? What if, theoretically, you could get the same caliber of education as the Ivy League, at the fraction of the cost, through some non-traditional classes and self-study? You’re skeptical. It sounds like a scam. Like an infomercial. And who would trust this DIY college degree? Now what if your dream employer had the same trust in your DIY degree as a diploma from Harvard? What if he or she genuinely believed that because you demonstrated a certain fluency in Japanese or mastery of coding or grasp of Murakami’s short stories, that you are the same caliber of graduate as a senior from Yale? What if all these credentials were trusted because they were – wait for it – verified on the blockchain? Related: The Best Blockchain University Programs Actually Pay Students to Learn Maybe this is where you roll your eyes. “Blockchain can revolutionize education,” of course, will elicit the same skepticism as “Blockchain will revolutionize the world.” Yet given the soaring costs of higher education, if blockchain can put any competitive pressure on the system, that alone would be a win. That future will not happen magically, it will not happen overnight, and it starts with a few modest early steps. That future starts with programs like what’s quietly brewing at the University of Colorado at Boulder, led by an entrepreneur-turned-blockchain-professor named Hunter Albright. Story continues Blockchain University Opportunities The plan was to meet in person, on the campus of UC Boulder, and speak to the students about blockchain. That plan, like most plans in 2020, was scotched. “The students are back in quarantine,” Albright tells me over Zoom. In August, a new spike in COVID-19 cases forced the school to switch from hybrid classes back to remote. So here we are, once again awkwardly staring into our computer monitors, not quite making eye contact. Albright is tall and fit. At 49, he looks just a bit like James Comey. He’s the founder and executive director of the University of Colorado Blockchain Alliance , the CEO of Curve10 (a firm that helps inventors with product design) and the de facto Godfather of UC Boulder’s blockchain initiatives, which include pilot programs for self-sovereign identity, putting college credentials on the blockchain and using the blockchain for student elections. UC Boulder isn’t the biggest or the first university to embrace blockchain, but the school’s nascent program gives a window into the opportunities – and tricky challenges – of injecting blockchain into mainstream academia. To throw a slap of cold water on the hype and misinformation: There’s no Blockchain Degree, no Blockchain Masters Program and not even a Blockchain Minor. “I don’t know if there’s a demand or a need for a degree, to be honest,” says Albright in his clear, slow, friendly cadence. If students take four blockchain-related courses at the graduate level – such as Distributed Systems, the Mathematics of CryptoSystems, or “Blockchain and Cryptocurrencies – Speculation or Innovation?” – then they can earn a blockchain “certificate” as a sort of degree add-on. (No student has earned this certificate yet; the program is new.) Albright first offered Introduction to Blockchain in Spring 2019, available to both undergraduates and graduates, primarily from the engineering and business schools. “That class filled up instantly,” remembers Jack Rice, who took the course as an undergraduate sophomore. Rice entered UC Boulder as a pre-med student, but he had already caught the crypto bug, building an Ethereum mining server as a teenager. (The mining “didn’t work out super well” as the price of Ethereum collapsed.) Rice, who’s now the president of the school’s Blockchain Club, is not exactly sure what he wants to do when he graduates – he switched from Pre-Med to Information Sciences – but now he’s mulling over blockchain-enabled startup ideas. Rice says that when business ideas float through his head, he frequently asks himself, “We do it one way now, and how can I use blockchain to improve upon it?” Other students were simply curious about the new tech and how it could, potentially, give them an edge in their future careers. “Once something new comes out, I just want to learn it, just to satisfy my curiosity,” says Hare Muthusamy, a grad student studying software development, who moved from India to enroll at UC Boulder. Muthusamy didn’t want to just learn about the concepts of blockchain – he wanted to play with it, build with it. Through the Blockchain Alliance, he worked with Albright on creating an application for the Blockchain Research Network, which aims to aggregate crypto academia. With Albright’s coaching, Muthusamy built a decentralized system that allows researchers to anonymously upload papers for peer review, and then a network of academic reviewers – across multiple universities – could anonymously review the study, and then the materials all live on the blockchain. “The course covered the theoretical concepts, and the project I did with Hunter covered the practical concepts,” explains Muthusamy. Most students aren’t taking these courses to prepare for a career in blockchain, but rather to scratch an itch (a natural curiosity) or to give their degree a bit of crypto gloss. This squares with the insights from Olta Andoni , a professor at Chicago-Kent law school, who teaches a course on blockchain and the law. Even though she is known as a “crypto-attorney,” she says most of her students do not take the class with that intent, and she stressed this several times during our call: “If you are a potential law school applicant, do not go in with the intent to become a crypto-attorney.” Andoni has found that teaching blockchain involves some odd challenges, starting with the uncertainty over how much the class already knows. “The level of knowledge is very diverse [among] the students,” she says. When you teach a course like, say, “maritime law,” the odds are good that every student begins with a similar level of ignorance. Not with crypto. Some build their own Ethereum mining servers and others think Bitcoin wallets come in leather. Other challenges: What do you use as a textbook? Outside of Satoshi Nakamoto’s white paper, there are few source materials that all agree are canon. “There’s been a lot of struggle in finding the right source materials,” says Angela Walch , a professor of Law at St. Mary’s, who has been teaching blockchain since 2013. “Sometimes I’ve been very surprised to find what instructors are using.” For example, Walch has misgivings about the use of 2016’s “ Blockchain Revolution ” by Don Tapscott and Alex Tapscott as a primary text. “That’s been very worrying to me, as I view that [book] as largely hype.” I struggle with how much I should do crypto, and how much I should do blockchain in my course. And even if you curate the perfect teaching materials, what should be included in the course? “This can be quite contentious,” says Kevin Werbach , a professor at the Wharton Business School, who also teaches a blockchain-focused class. He contrasts blockchain to a field like chemistry, where there’s not much dispute about the periodic table. Werbach – and every blockchain professor – needs to make judgment calls, such as whether enterprise distributed ledgers should be taught. (He says yes.) “I struggle with how much I should do crypto, and how much I should do blockchain in my course,” says Angela Walch. “You can’t cover it all.” As the tree of blockchain has grown, it’s harder to master every branch and twig. “You cannot be an expert on what is happening in the blockchain supply chain, at the same time as you’re an expert on blockchain voting, at the same time you’re an expert on DeFi,” she says. “They’re all their own intricate specialized worlds.” A more subtle challenge is that the overall interest in these courses, perhaps not surprisingly, seems to wax and wane with the price of bitcoin . “Each time we have a boom in the cryptocurrency market, I do see a lot more interest from students,” says Andoni. Werbach remembers an “explosion in activity” during the 2017 ICO bubble. In contrast, these days he’s “not seeing a mass of students knocking on the door.” Walch goes even further. “To be honest, I’m sensing a little bit of a lull in the interest in blockchain education,” she says, adding that the slowdown could simply be due to the pandemic, quarantine, or the 5,000 other complications of 2020. Walch, who has been teaching blockchain since nearly the dawn of crypto time, also wonders who should count as an “expert” in this nascent field. “I really wrestle with who’s qualified to teach about these topics,” she says. “They’re incredibly multi-disciplinary, so claims of expertise have to be made with an asterisk.” Hunter Albright largely agrees, although he views that very ambiguity as one of the appealing challenges. “There are very few experts in general in this space,” he says. “Some of it is just a willingness to be sort of open and to discuss the ideas.” Albright is the first to admit he’s not the “end-all-be-all in terms of the knowledge,” but thinks the mark of a good blockchain professor is a blend of humility, curiosity and eagerness 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: 2020-10-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $196,359,211,422 - Hash Rate: 136222462.66586328 - Transaction Count: 339343.0 - Unique Addresses: 714645.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin continues to slide while ether has a larger share of the crypto market than it has had in years. • Bitcoin(BTC) trading around $10,726 as of 20:00 UTC (4 p.m. ET). Slipping 6.1% over the previous 24 hours. • Bitcoin’s 24-hour range: $10,468-$11,474 • BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin continues its downward trend Thursday, with prices descending as low as $10,468 on spot exchanges such as Coinbase. While it has recovered a bit, traders selling for profits has certainly been the theme right now. Read More:Bitcoin Plunges $403 in 1 Hour to Lowest in a Month Related:Market Wrap: Bitcoin Tumbles to $9.8K; Investors Continue Plowing Crypto Into DeFi “This is similar to what we’ve seen as bitcoin approached the $10,000 and $11,000 levels, where profit-taking occurred on a few different occasions,” said John Kramer, a trader at crypto over-the-counter firm GSR. “Many investors will see this as an opportunity to buy the dip.” Just like Wednesday, leveraged liquidations played a role in exacerbating bitcoin’s price drop. However, Thursday’s wipeout of long traders on derivatives exchange BitMEX was a bit higher, with $10 million in hourly liquidations topping Wednesday’s $9 million hourly spree, the equivalent of a margin call in crypto parlance. Read More:Bitcoin Risks Deeper Price Pullback as Exchange Inflows Spike “Some people who were buying in over $11,500 in BTC with leverage suddenly got stopped out when we moved back down towards $11,100,” said Chris Thomas, head of digital assets for Swissquote Bank. Related:First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report Thomas suspects bitcoin’s price will not reach new 2020 highs in the near term, despite testing that level as recently as Tuesday when the price hit $12,085. “I think we trade in the $11,000-$12,000 range for a while,” he said. In equities, while the major Asian Nikkei 225 index was buoyed by expectations new leadership in Japan will continue economic stimulus policies put in place by outgoing Prime Minister Shinzo Abe, stocks in Europe and particularly in the U.S. are awash in red – as it is in most of the crypto ecosystem Thursday. • Asia’s Nikkei 225 ended the day in Tokyo climbing 0.94%,boosted by gains in the chemical and metals sectors. • Europe’s FTSE 100 slipped 1.5% asconcerns about further job losses on the continent soured investor sentiment. • The United States’ S&P 500 dropped 4.1% astech stocks took a tumble, including Apple falling 7.2% and Microsoft down 6.7%. GSR’s Kramer views the equities markets with some trepidation, and has concerns about the performance of traditional finance for the balance of 2020. “Stock valuations remain overinflated in the eyes of many observers, and economic uncertainty persists,” he said. “A crypto drop like this won’t deter the majority of investors who have a longer-term investment thesis.” Read More:Jump Trading Invests in Decentralized Exchange Serum The second-largest cryptocurrency by market capitalization,ether(ETH), was down Thursday, trading around $402 and slipping 7.6% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More:DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding But while the price is down, ether’s dominance of the broader crypto market hit a 2020 high of over 14% Wednesday. Although dipping a bit Thursday, the last time ether’s share was at these levels was back in August 2018. “A large number of useful projects on the Ethereum blockchain contribute to ether dominance growth,” said Azamat Malaev, co-founder of HodlTree, a decentralized lending protocol. However, scaling is an issue that could cause ether’s share to wane, Malaev added. “To maintain this trend, Ethereum urgently need to scale the network. For ordinary users, transactions are already very expensive” Read More:Ethereum Developers Focus on Congestion as Fees Spike Over 600% Digital assets on theCoinDesk 20are mostly in the red Thursday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • tron(TRX) + 36% • nem(XEM) + 0.89% Read More:New Crypto Derivatives Let You Bet on (or Against) Tether’s Solvency Notable losers as of 20:00 UTC (4:00 p.m. ET): • lisk(LSK) – 12.4% • zcash(ZEC) – 11.8% • basic attention token(BAT) – 11% Read More:Hardware Wallet Flaw Lets Attackers Hold Crypto for Ransom Commodities: • Oil is down 0.67%. Price per barrel of West Texas Intermediate crude: $41.29. • Gold was in the red 0.61% and at $1,930 as of press time. Read More:Around the Crypto World in 15 Charts Treasurys: • U.S. Treasury bond yields all slipped Thursday. Yields, which move in the opposite direction as price, were down most on the two-year, in the red 2.8%. Read More:Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia • Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Dominance at 2020 High • Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Dominance at 2020 High... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0 It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move. Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0. Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20 th September. The near-term bullish trend remained intact, in spite of the recent pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way. Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind. Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.26% to buck the trend early in the day. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.29% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,300. Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum Crude Oil Weekly Price Forecast – Crude Oil Markets Have Strong Week European Equities: A Week in Review – 09/10/20 S&P 500 Weekly Price Forecast – Continue to Rally Based Upon Stimulus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum The Weekly Wrap – Trump and U.S Politics Drove Demand for Riskier Assets', 'Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0 It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move. Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0. Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20 th September. The near-term bullish trend remained intact, in spite of the recent pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way. Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind. Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.26% to buck the trend early in the day. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.29% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,300. Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum Crude Oil Weekly Price Forecast – Crude Oil Markets Have Strong Week European Equities: A Week in Review – 09/10/20 S&P 500 Weekly Price Forecast – Continue to Rally Based Upon Stimulus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum The Weekly Wrap – Trump and U.S Politics Drove Demand for Riskier Assets', 'Bitcoin\x92s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first time in over a month. The biggest cryptocurrency by market value rose to $11,484 at 03:10 UTC \x96 the highest level since Sept. 2, according to CoinDesk\x92s Bitcoin Price Index . Likely driving the move was optimism for the prospects for a U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday. A new round of stimulus would likely benefit BTC in at least three ways: Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency. Given the current correlation between equities and BTC, and that some investors treating BTC like it\x92s a tech stock, anything that boosts equities invariably boosts BTC. Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC. Buyers stepped in around $10,500 earlier this week after payments company Square announced that it has put some 1% of its assets into bitcoin. Related: Bitcoin Down 1% After Biggest Weekly Price Gain Since July At press time, bitcoin is changing hands near $11,320, representing a 2% gain on the day. Also read: Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options Related Stories Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend', 'Bitcoin’s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first time in over a month.\n• The biggest cryptocurrency by market value rose to $11,484 at 03:10 UTC – the highest level since Sept. 2, according to CoinDesk’sBitcoin Price Index.\n• Likely driving the move was optimism for theprospects fora U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday.\nA new round of stimulus would likely benefit BTC in at least three ways:\n1. Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency.\n2. Given the current correlation between equities and BTC, and that some investors treating BTC like it’s a tech stock, anything that boosts equities invariably boosts BTC.\n3. Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC.\nBuyers stepped in around $10,500 earlier this week after payments companySquare announcedthat it has put some 1% of its assets into bitcoin.\nRelated:Bitcoin Down 1% After Biggest Weekly Price Gain Since July\nAt press time, bitcoin is changing hands near $11,320, representing a 2% gain on the day.\nAlso read:Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend', 'Bitcoin’s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first tim Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $196,359,211,422 - Hash Rate: 137181775.78322852 - Transaction Count: 298486.0 - Unique Addresses: 631182.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The current blockchain world is so full of crazy ups and downs, it’s easy to become so focused on the short term that one loses track of the big picture. But it’s important to fight this tendency – because the big picture is awfully big. Revolutionizing finance, the aspect of blockchain’s future that gets the most attention, is only a part of the story. Blockchain will be a central part of the future of technology and humanity in a very broad sense. As we move toward what Ray Kurzweil has called the “technological singularity,” in which AIs exceed humans in general intelligence and radically alter every aspect of life on Earth, it is increasingly clear that blockchain will be a critical part of the story. And just as the singularity may unfold with various levels of benefit or destruction, so the role of blockchain may come out positive or negative for humanity. Related:Ecological Sanity Is Compatible With Human Freedom It is clear to any rational observer that our current social order – with its rapid growth, exaltation of self-disruption and rampantenvironmental un-sustainability– is transitional and highly temporary in nature. But it’s hard to say what will come next! At least three options seem reasonably plausible to me:Corporate Techno-Fascism,Decentralized-Digital-Democracy (DDD)and …Human-Free. Will we see a dark future of corporate-totalitarian hegemony, a democratic, decentralized future of diverse flourishing creativity – or a future in which advanced artificial general intelligence (AGI) tech leaves biological humanity entirely by the wayside? In any of these scenarios, blockchain technology or its direct descendants will play a critical and distinctive role. But the role will be rather different in each case. Further, the ways in which blockchain technology is developed right now will be part of the nexus of factors influencing what sort of outcome eventuates for humanity generally. Related:How Data Centralization Ends by 2030 What we are seeing in the global economy right now might be characterized as a bear market for humans. AI and automation are booming, and AI-fueled big tech companies are seeing their market caps soar. Businesses highly dependent on human labor are generally suffering, and often are reorganizing to reduce this reliance. Despite buoyant stock markets and financial innovations like DeFi, wealth and income inequality are increasing. Displaced workers newly joining the unemployment rolls seem likely to stay there long-term. See also:AI Startup Pilots Digital Masks That Counter Facial Recognition This is a bear market for the less educated socioeconomic strata of humans. It will only get worse. As AI advances, the threshold level of education required to compete with mechanical tools and systems will keep rising. One potential endgame of the current direction of technological and economic development will be a world divided into: A lot of AIs, a small number of humans owning the companies that own these AIs, a small number of highly educated and specially trained humans doing the few things AIs aren’t great at yet and a whole lot of people with no particular role to play in the economy. It’s true that new technologies both obsolete old jobs and create new ones. But the overall pattern is clear. On the whole, the new jobs created will be more exacting in educational requirements and fewer in number. Self-driving trucks will replace human truck drivers, while creating more opportunities for developers of automated navigation algorithms and designers of robots that repair robo-trucks. It’s not inconceivable that, in a future where most people are economically useless to the few who own the means of automated production, these unproductive masses are left to die off. Perhaps there will be a reversion to some form of old-style subsistence farming in the sprawling rubble outside the gated robo-factories. What we are seeing in the global economy right now might be characterized as a bear market for humans. It’s also possible that “compassion” will prevail and the masses will be allowed to survive in a carefully controlled way. In this sort of scenario, blockchain will be highly valuable to the hegemons. (Think of the Chinese government’s blockchain surveillance strategy rather than the anarcho-libertarian visions of the early Bitcoin and Ethereum communities.) Blockchain provides an extraordinarily good tool for maintaining centralized control in a large, complex network, like a global, corporate, techno-fascist social order. It provides unparalleled capability for top-level leaders to make sure that none of their underlings on any level are corrupt, and keeps detailed, real-time records on every member of the society they rule over. As the percentage of economically irrelevant humans increases, blockchain provides a perfect tool for governments and corporations to keep chaos from breaking out via carefully tracking flows of money and information, and making sure that media misinformation is intelligently enough placed to keep the population’s mind filled with compliance-inducing narratives. See also: Ben Goertzel –AI for Everyone: Super-Smart Systems That Reward Data Creators But it’s also quite thinkable the size of the elite group of humans controlling the automated means of production fairly rapidly shrinks to zero. Corporate and military leaders will always prefer AI systems that combine creative and ambitious general intelligence with obedience and lack of initiative – but this combination may prove as elusive in AGIs as in humans. There is a scenario where blockchain technology plays an extremely critical role in the future economy by serving as part of the underpinning of the AGI minds that are humanity’s successors. No doubt future AGIs will come up with algorithms and structures far more sophisticated than anything we can imagine today, but there will likely be a strong ongoing role for the core principles of mathematically guaranteed security coupled with decentralized consensus in distributed systems. The role of blockchain may indeed be much stronger if the future turns out human-free. The minds replacing humans will probably be secure digital decentralized systems with blockchains integrated into their core code. While dark potentials inarguably lurk on the horizon, more beneficial outcomes also remain firmly within reach. It may well happen that the breakthroughs to human-level and superhuman AGI occur in the domain of open-source hackers and decentralized networks rather than corporate or government labs. This is what SingularityNET, Ocean Protocol and the dozens of other projects in the Decentralized AI Alliance are working toward. There are major challenges, both on the technology side and regarding regulatory issues and market-dynamics, but nothing that can’t be surmounted with a lot of will, brilliance and a bit of luck. See also:Cisco, SingularityNET to Decentralize Artificial Intelligence via Blockchain It is eminently possible to foresee a world in which AGI emerges from decentralized networks controlled by diverse parties, in which various forms of human and cyborg AI interconnect flexibly with various forms of digital and quantum AGI. Perhaps the overall network is controlled and regulated in a heterarchical and open-ended manner rather than controlled by a small number of elite humans or elite computational processes. In such a world, multiple sorts of value will be respected, quantified with a variety of smart contracts going far beyond the money-like tokens dominating the blockchain world today. The rich aesthetic, social, spiritual and imaginative value of humans, other animals, plants and new forms of self-organizing living systems will be supported and woven together with advanced digital and quantum technologies, without pressure to reduce the value of an entity to the degree of its participation in efficient processes of material production. Looking closely at the relation between the future of blockchain and the future of humanity, one becomes convinced that the former is much more firmly assured. Yet I remain highly optimistic: There seems a very palpable possibility that we can navigate through the challenges ahead and craft a democratic decentralized future, leveraging the best of humanity and the best of our advanced technologies including blockchain and AI. Every one of us, as we live and act in the world, is helping to birth the future — to bias and guide the self-organizing processes via which today’s world morphs into the radically different society we’ll see tomorrow. Those of us who are writing the code underlying today’s blockchain and AI systems, or supporting the projects writing the code, are not the only ones writing the future, but we are definitely a substantial part of the mix. • Say Hello to the Singularity • Say Hello to the Singularity... - Reddit Posts (Sample): [['u/WhalesHeavenExchange', '"Freedom means responsibility. That\'s why most people are afraid of freedom." B', 419, '2020-10-10 01:00', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/', 'Attributed to George Bernard Shaw, the quote: "Freedom means responsibility. That\'s why most people are afraid of freedom".\n\nThat was during the end of the 19th. Century, and beginnings of the 20th., the log says. We are not in Bernard\'s time anymore, but in Bitcoin\'s age, and are you willing to take full responsibility? In life, as in hodling, as in swapping Bitcoin and crypto?', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/', 'j89da4', [['u/Nichoros_Strategy', 10, '2020-10-10 02:54', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g89smwd/', 'People will take as much responsibility as they feel they have to, some more than others. People are forced to take more responsibility when times are desperate, less so when they already have everything they need and more.', 'j89da4'], ['u/soontobesilenced', 23, '2020-10-10 04:20', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a0zhm/', 'I prefer dangerous freedom over peaceful slavery.\n\nThomas Jefferson', 'j89da4'], ['u/soontobesilenced', 11, '2020-10-10 04:21', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a15il/', 'Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety.\n\nBenjamin Franklin', 'j89da4'], ['u/soontobesilenced', 10, '2020-10-10 04:24', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1e0l/', 'Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. \n\nC.S. Lewis', 'j89da4'], ['u/soontobesilenced', 73, '2020-10-10 04:26', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1l3d/', 'If you want total security, go to prison. \n\nDwight Eisenhower', 'j89da4'], ['u/soontobesilenced', 18, '2020-10-10 04:28', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1qtu/', 'The people never give up their liberties but under some delusion. \n\nEdmund Burke', 'j89da4'], ['u/whitslack', 10, '2020-10-10 06:12', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8abes3/', 'The rest of the quote:\n\n“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. They may be more likely to go to Heaven yet at the same time likelier to make a Hell of earth. This very kindness stings with intolerable insult. To be ‘cured’ against one’s will and cured of states which we may not regard as disease is to be put on a level of those who have not yet reached the age of reason or those who never will; to be classed with infants, imbeciles, and domestic animals.” \n—C.S. Lewis, “God in the Dock,” 1948', 'j89da4'], ['u/whitslack', 16, '2020-10-10 06:15', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8abn6w/', 'Pretty sure the actual quote is:\n\n“Liberty means responsibility. That is why most men dread it.” \n—George Bernard Shaw', 'j89da4'], ['u/Trxth', 12, '2020-10-10 06:34', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8ad37x/', "All these people thinking we're living in a simulation, when really we're in a delusion", 'j89da4'], ['u/Ganjan', 11, '2020-10-10 07:59', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8aixbb/', "What country's prison system was he talking about? Surely not America's.", 'j89da4'], ['u/Surpentstone', 19, '2020-10-10 08:18', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8ak45e/', "FINISH HIM!!!\n\n&#x200B;\n\n“If you want total security, go to prison. There you're fed, clothed, given medical care and so on. The only thing lacking... is FREEDOM. ”", 'j89da4'], ['u/wolfsong5663', 16, '2020-10-10 08:33', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8akzr7/', 'Most great people in human history all over the world owned slaves. It doesnt meant that slavery is right, but it’s incorrect to judge a historical person’s merit by today’s standards.', 'j89da4'], ['u/Rupee_Roundhouse', 17, '2020-10-10 09:07', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8amzb7/', "Great quote. It identifies the psychological requirement for a free society. Most people today are deeply afraid of responsibility. Responsibility includes making decisions for oneself. One must identify and choose one's values, career, place of residence, etc.\n\nFor the majority today, this strikes fear: One's job is not guaranteed, learning new skills for employment is challenging, planning and making provisions for emergencies and periods of illness is uncertain, etc. At the root of this fear is a mistrust of one's self-efficacy, which can be further traced to bad philosophy that has accepted Immanuel Kant's tricky, but false, argument against self-efficacy and has permeated across all of our culture. But I digress.\n\nThis majority fear of responsibility seeds the corruption of the concept of individual rights. The concept of individual rights emerged from the recognition that in society, individuals may initiate force on each other. Thus, individual rights are freedoms from the initiation of force to do something. The right to life, liberty, property, and happiness means that one ought to pursue those things free from others initiating force.\n\nContrastly, individual rights are not entitlements. This is a critical distinction: Entitlements benefit some people at the expense of others' detriment; freedoms are absent of anyone's detriment. In order to fulfill an entitlement politically, it's enforced by initiating force: Someone is forced to fulfill another's entitlement because it's the law. When individual rights are properly understood as freedoms, there is no initiation of force because it's voluntary and anyone can back away if the terms are not worth the trade.", 'j89da4']]], ['u/BlandTomato', "Imagine if you only had $18.50 to split between 7800 people. That's the ratio of Bitcoin to people right now.", 49, '2020-10-10 02:10', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/', '18,500,000 BTC to be shared by 7,800,000,000 people.', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/', 'j8aime', [['u/coinblaster-up', 17, '2020-10-10 02:15', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g89oxeo/', "unfortunately 7799 people couldn't care less. i hope this will change over time.", 'j8aime'], ['u/lchumaceiro', 15, '2020-10-10 02:28', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g89q4lk/', 'Yeah but 18,500,000 Btc are 185,000,000,000,000 Satoshis more than enough to go around.', 'j8aime'], ['u/The_Hominem', 14, '2020-10-10 04:39', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g8a2wm4/', "237,179 satoshis per person actually.\n\n18,000,000*100,000,000÷7,800,000,000 = 237,179.\n\nThe average person doesn't have $237,179 so this is plenty of wiggle room for the average consumer.\n\nAlso the lightning network has confirmed transactions down to 1/1000 of a satoshi. So there are 237,179,000 milli-satoshis to go around per person on this planet - and there's no reason why that couldn't go smaller without any hard forking.\n\nAlso, bitcoin doesn't need to (and is not likely to) replace every currency in the world. Gold has not replaced every currency, the US dollar has not replaced every currency, and nor will bitcoin. People use the means of exchange that best matches the geopolitical environment they're in and many other factors, which is rarely the actual best asset they could use.", 'j8aime']]], ['u/ROPEgangBaBY', 'If it was 2017 bitcoin would be at 50k right now.', 37, '2020-10-10 02:31', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/', 'How can the market not go up like crazy after two huge public companies buying bitcoin as their reserve asset.\n\nPS: after this confirmation market can assume:\n\n1- that more companies will join ( square even shared to the public how to buy bitcoin as a company).\n\n2- at least this 2 companies will buy more bitcoin every year as their revenue go up. we also can compound it if we assume that at the same time other new companies will join and do the same year after year.\n\n3- we are even more close to the possibity of banks and governaments start to do the same\n\nin my opinion this high net worth people just need a better infrasture for them to start investing. its a matter of time for this to blow up and take everyone by surprise\n\n&#x200B;\n\nWHEN 9K ? :(', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/', 'j8au8l', [['u/[deleted]', 31, '2020-10-10 02:40', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/g89ratz/', '1% for square hardly makes it a reserve asset. More like a small hedge.', 'j... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0 It was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0. Steering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300. Hitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon. A move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels. The second major resistance level at $11,300 delivered support late in the day. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Cardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind. Bitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green. Binance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%. This Morning At the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Binance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) saw red early on.. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 1.16% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729. Failure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum U.S Mortgage Rates Hold Steady as Trump and U.S Politics Take Center Stage The Week Ahead: A Brexit Showdown, U.S Politics, and Economic Data in Focus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum US Stock Market Overview – Stock Rise Led by Technology as the White Ups its Stimulus Bid Gold Weekly Price Forecast – Gold Markets Form Bullish Flag', 'Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0\nIt was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0.\nSteering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300.\nHitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon.\nA move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels.\nThe second major resistance level at $11,300 delivered support late in the day.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind.\nBitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green.\nBinance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however.\nIn the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn.\nBitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%.\nAt the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) saw red early on..\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 1.16% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729.\nFailure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play.\nBarring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum\n• U.S Mortgage Rates Hold Steady as Trump and U.S Politics Take Center Stage\n• The Week Ahead: A Brexit Showdown, U.S Politics, and Economic Data in Focus\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum\n• US Stock Market Overview – Stock Rise Led by Technology as the White Ups its Stimulus Bid\n• Gold Weekly Price Forecast – Gold Markets Form Bullish Flag', 'After a number of years of consolidation across the cryptomarket, new innovative protocols are drawing interest. The interest has created a new crypto hype that is more than just reminiscent of the 2017 ICO boom. As was the case back in 2017, there are a mass number of protocols hitting the crypto market. This time around, the focus has shifted away from the CeFi space to DeFi . Decentralized Finance, better known as DeFi has become the buzz word of 2020. Bitcoin and the broader crypto market delivered blockchain technology and decentralization. There was, however, an element of centralization in the CeFi space. Centralized finance became laden with governance and KYC/AML requirements and more in order to meet investor and government demands. DeFi, by contrast, currently stands as truly decentralized. With an ethos of Permissionless and Trustless, there is no actual governance. And, there are no KYC/AML requirements. In fact, to access decentralized finance all a user needs is a wallet. In concept alone, it is a mouthwatering prospect. True cryptocurrencies have yet to really make a dent in fiat money’s unwavering position as a primary payment source. When considering the unbanked, the disgruntled, and the anonymous, however, DeFi may well give the banking sector a run for its money. The Projects and the Returns As entrepreneurs and scam artists enter the world of DeFi, a number of protocols have caught the eye amidst the mist… While there are no guarantees that these protocols will be here tomorrow, there is the hope and with it the dream of incredible earnings potential. Based on DeFi market caps from Coingecko , some of the more promising protocols that have enjoyed early success. These include: Chainlink (“LINK”) Chainlink sits at the top of the DeFi coin charts at the time of writing. Not only is Chainlink at the top of the DeFi list, but Chainlink’s meteoric rise has also seen it join the crypto giants in the top 10 by market. CoinMarketCap has Chainlink currently sitting at number 8, impressively outgunning the likes of Litecoin… Story continues Year-to-date return: 473.2% to the end of day 28 th September 2020. What’s the hype? With DeFi driven by smart contracts, Chainlink connects smart contracts to data sources. Additionally, users can send payments from a smart contract to bank accounts and payment networks. Dai Dai sits at number 3 on the DeFi market cap table and is ranked at number 25 on the CoinMarket Cap. Year-to-date: Investors will have missed gains from elsewhere, however, with Dai up by just 2.02%. Why the lowly return? Dai is decentralized and backed by collateral. In other words, Dai is a stablecoin and as such, looks to maintain a value of $1.00. The position by market cap, ho Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,787,212,509 - Hash Rate: 134303836.4311328 - Transaction Count: 256096.0 - Unique Addresses: 541483.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / October 1, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visitwww.alt5sigma.com. Contact: Andre BeauchesneTel. [email protected] For more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com SOURCE:ALT 5 Sigma Inc. View source version on accesswire.com:https://www.accesswire.com/608811/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose by 6.53% in the week ending 11thOctober. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0.\nIt was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move.\nSteering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0.\nBitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283.\nA brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels.\n6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,505.\nBarring another extended crypto rally, the first major resistance level would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback.\nFailure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play.\nBarring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,180.\nAt the time of writing, Bitcoin was up by 0.02% to $11,387.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,360.0 before rising to a high $11,408.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nChainlink rallied by 15.70% in the week ending 11thOctober. Reversing a 12.95% loss from the previous week, Chainlink ended the week at $10.8756.\nIt was a mixed start to the week. Chainlink rose to a Monday high $9.7076 before hitting reverse.\nFalling well short of the major resistance levels, Chainlink fell to a Tuesday intraweek low $8.3827 before making a move.\nWhile steering clear of the first major support level at $7.99, Chainlink fell through the 62% FIB of $8.5.\nFinding support on Wednesday, Chainlink rallied to a Sunday intraweek high $11.0437 before easing back.\nBreaking back through the 62% FIB, Chainlink also broke through the first major resistance level at $10.94.\nA Sunday pullback, however, saw Chainlink wrap up the week at sub-$10.90 levels.\n6-days in the green that included a 9.01% rally on Friday delivered the upside. An 8.86% slide on Monday limited the upside for the week, however.\nChainlink would need to avoid a fall through the $10.10 pivot level to support a run at the first major resistance level at $11.82.\nSupport from the broader market would be needed, however, for Chainlink to break out from last week’s high $11.0437.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Chainlink could test resistance at $12.00 before any pullback. Chainlink will likely fall well short of the second major resistance level at $12.76 and the 38.2% FIB of $12.9, however.\nFailure to avoid a fall through the $10.10 would bring the first major support level at $9.16 and 62% FIB of $8.5 into play.\nBarring an extended crypto market sell-off, however, Chainlink should steer clear well clear of sub-$8.5 levels.\nAt the time of writing, Chainlink was down by 0.91% to $10.7764. Chainlink fell from an early Monday morning high $10.8667 to a low $10.6968.\nChainlink left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• Asia-Pacific Stocks – China Shares Surge after PBOC Tweaks Rule, Investors Bet on Steady Recovery\n• USD/JPY Fundamental Weekly Forecast – Could Strengthen on Fiscal Stimulus Stalemate\n• Domino’s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435\n• Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal\n• European Equities: Brexit and U.S Politics in Focus, with no Stats to Influence\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 12th, 2020', 'Bitcoin Bitcoin rose by 6.53% in the week ending 11 th October. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0. It was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move. Steering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0. Bitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283. A brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels. 6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $11,505. Barring another extended crypto rally, the first major resistance level would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback. Failure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play. Barring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,180. At the time of writing, Bitcoin was up by 0.02% to $11,387.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,360.0 before rising to a high $11,408.0. Bitcoin left the major support and resistance levels untested at the start of the week. Chainlink Chainlink rallied by 15.70% in the week ending 11 th October. Reversing a 12.95% loss from the previous week, Chainlink ended the week at $10.8756. It was a mixed start to the week. Chainlink rose to a Monday high $9.7076 before hitting reverse. Story continues Falling well short of the major resistance levels, Chainlink fell to a Tuesday intraweek low $8.3827 before making a move. While steering clear of the first major support level at $7.99, Chainlink fell through the 62% FIB of $8.5. Finding support on Wednesday, Chainlink rallied to a Sunday intraweek high $11.0437 before easing back. Breaking back through the 62% FIB, Chainlink also broke through the first major resistance level at $10.94. A Sunday pullback, however, saw Chainlink wrap up the week at sub-$10.90 levels. 6-days in the green that included a 9.01% rally on Friday delivered the upside. An 8.86% slide on Monday limited the upside for the week, however. For the week ahead Chainlink would need to avoid a fall through the $10.10 pivot level to support a run at the first major resistance level at $11.82. Support from the broader market would be needed, however, for Chainlink to break out from last week\x92s high $11.0437. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a breakout, Chainlink could test resistance at $12.00 before any pullback. Chainlink will likely fall well short of the second major resistance level at $12.76 and the 38.2% FIB of $12.9, however. Failure to avoid a fall through the $10.10 would bring the first major support level at $9.16 and 62% FIB of $8.5 into play. Barring an extended crypto market sell-off, however, Chainlink should steer clear well clear of sub-$8.5 levels. At the time of writing, Chainlink was down by 0.91% to $10.7764. Chainlink fell from an early Monday morning high $10.8667 to a low $10.6968. Chainlink left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: Asia-Pacific Stocks \x96 China Shares Surge after PBOC Tweaks Rule, Investors Bet on Steady Recovery USD/JPY Fundamental Weekly Forecast \x96 Could Strengthen on Fiscal Stimulus Stalemate Domino\x92s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435 Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal European Equities: Brexit and U.S Politics in Focus, with no Stats to Influence EOS, Stellar\x92s Lumen, and Tron\x92s TRX \x96 Daily Analysis \x96 October 12th, 2020', 'Bitcoin rose by 6.53% in the week ending 11thOctober. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0.\nIt was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move.\nSteering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0.\nBitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283.\nA brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels.\n6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,505.\nBarring another extended crypto rally, the first major resistance level would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback.\nFailure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play.\nBarring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level 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: 2020-10-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,787,212,509 - Hash Rate: 142937654.4874199 - Transaction Count: 314174.0 - Unique Addresses: 658073.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It has been about a month since the last earnings report for Square (SQ). Shares have added about 11.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Square due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Square Reports Q2 Earnings Square reported second-quarter 2020 adjusted earnings of 18 cents per share, against the Zacks Consensus Estimate of a loss of 8 cents per share. Notably, the company had reported earnings of 21 cents in the year-ago quarter and a loss of 2 cents in the prior quarter. Net revenues of $1.92 billion surpassed the Zacks Consensus Estimate of $1.14 billion. Further, the figure improved 63.8% from the year-ago quarter and 39.3% sequentially. The top line was driven by strong momentum across Cash App ecosystem that contributed $1.2 billion to net revenues during the reported quarter, up 361% year over year. Cash App was used by above 30 million monthly transacting active customers in June 2020. Further, disbursements of the CARES Act stimulus programs and unemployment benefits aided growth in the Cash App engagement. Moreover, strengthening momentum across Bitcoin and strong adoption of Cash Card benefited the results. Notably, Cash Card was used by 7 million customers in June 2020, which doubled compared to June 2019. Additionally, accelerating subscription revenues remained a major positive. However, weak momentum across seller ecosystem owing to coronavirus-led shelter-in-place restrictions remained a major negative, which impacted the company’s gross payments volume (GPV) negatively in the second quarter. Revenues from seller ecosystem were $$723 million, down 17% year over year. Square has refrained from providing guidance for the ongoing quarter and the full year 2020. This can be attributed to the uncertainties related to the COVID-19 pandemic. Nevertheless, the company’s strengthening momentum in online channels and growing card-not-present GPV are expected to act as tailwinds in the upcoming quarters. Further, strong acquisition of net-new transacting active Cash App customers is likely to continue driving the company’s top line. Story continues Gross Payment Volume GPV in the second quarter amounted to $22.8 billion beating the Zacks Consensus Estimate of $19.2 billion. However, the figure declined 15% year over year, which can primarily be attributed to sluggishness in the seller ecosystem during the reported quarter owing to coronavirus pandemic. Slowdown in GPV across the company’s largest U.S. metropolitan areas was a concern. Further, decreasing GPV for the sellers across beauty, personal care, and food and drink verticals among others acted as a headwind during the reported quarter. Nevertheless, gradual reopening of the economies and relaxation of COVID-19 restrictions remained positives as it led to quarter-over-quarter improvement in GPV. Growing proliferation of online sales was also a positive backed by which GPV from online channels were up 50% year over year. Further, it contributed more than 25% of the company’s seller GPV. Additionally, the company’s robust product portfolio and comprehensive ecosystem, which aidsit in attracting new sellers to its platform while retaining the existing ones, sustained momentum across larger sellers who contributed 52% to the total GPV. Notably, Square defines larger sellers as those that make more than $125,000 of annualized GPV and mid-market sellers as those with annualized revenues of more than $500,000. Moreover, year-over-year growth of 16% in the card-not-present GPV in the second quarter was a tailwind. Robust online products, such as Square Online Store, Invoices, Virtual Terminal and eCommerce API contributed to the performance. Notably, card-present GPV declined 38% from the year-ago quarter. Top-Line Details Transaction (35.5% of net revenues): The company generated transaction revenues of $682.6 million, down 12% year over year. This was primarily attributed to sluggish GPV from in the second quarter. Nevertheless, growing proliferation of contactless transactions was a tailwind. Also, strong momentum across business accounts using Cash App, which generated $54 million of transaction revenues, up 216% year over, remained a positive. Subscription and services (18% of revenues): The company generated $346.3million revenues from this category, surging 38% from the year-ago quarter. This improvement can be attributed to strong performance by Cash App, which contributed $271 million to the category’s top line. The figure was up 129% from the year-ago quarter. This was driven by robust Cash Card spending and growing Instant Deposit volume in the reported quarter. Additionally, strong performance by Square Capital on the back of PPP loans remained positive. Notably, it facilitated more than 80,000 PPP loans worth $873 million. However, weak seller ecosystem, which generated $75 million of subscription and services revenues, down 16% year over year, remained a concern. Hardware (1% of revenues): Square generated revenues of $19.3 million from this business, down13% year over year. This was due to declining unit sales of hardware devices. Nevertheless, the company witnessed improved sales of contactless devices like Square Register and Square Terminal in the reported quarter. Bitcoin (45.5% of revenues): The company generated revenues of $875.5 million from this category, up a whopping 600% on a year-over-year basis. Square continued to benefit in the bitcoin space driven by growing adoption of Cash App. Further, the company witnessed strong customer demand and growth in bitcoin actives in the second quarter. Operating Details Per management, gross profit grew 28.1% from the year-ago quarter to $596.8 million. As a percentage of net revenues, the figure came in 31%, contracting 870 basis points (bps) year over year. While Transaction, Subscription and services and Bitcoin generated profit, Hardware category reported loss during the reported quarter. Further, the coronavirus pandemic remained a woe Adjusted EBITDA as a percentage of net revenues was 5.1%, contracting 380 bps from the year-ago quarter due to slowdown in seller revenues. Operating expenses came in $619.8 million, surging 32.8% from prior-year quarter. Product development expenses were $206.8 million, up 19% year over year, primarily owing to growing engineering, data science and design personnel costs. General and administrative expenses were $136.4 million, up 36% from prior-year quarter. This was primarily due to finance, legal and support personnel costs. Further, sales and marketing costs were $238.1 million, up 52% year over year, due to increase in Cash App peer-to-peer payment transfer and Cash Card issuances. Balance Sheet As of Jun 30, 2020, cash and cash equivalents balance was $1.97 billion, up from $1.96 billion as of Mar 31, 2020. Short-term investments were $714.3 million in the reported quarter, up from $521.8 million in the previous quarter. Long-term debt was $1.77 billion, increasing from $1.76 billion in previous quarter. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended upward during the past month. The consensus estimate has shifted 55.42% due to these changes. VGM Scores At this time, Square has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Square has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. 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 Square, Inc. (SQ) : 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: ["International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies. The Group of Twenty (G20) – an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent – said in a report Tuesday it is working with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to formalize the use of central bank digital currencies (CBDC) in banking systems. According to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments. Related: How Investors Are Trading the Election Stablecoins are digital currencies that are often linked to physical currencies such ad the U.S. dollar. The IMF and the World Bank will have the technical capabilities to facilitate CBDC transactions involving the countries by the end of 2025, the report said. The countries will “examine the scope for new multilateral platforms, global stablecoin arrangements and central bank digital currencies to address the challenges that cross-border payments face without compromising on minimum supervisory and regulatory standards to control risks to monetary and financial stability,” said the G20 Financial Stability Board (FSB), a body formed after the 2008 financial crisis. Multinational alliances The G20 roadmap on stablecoins follows a joint report released by seven central banks last week through the BIS in sketching out a transnational front around nationalized digital currencies. Last week’s report, authored by the United States Federal Reserve, the Bank of Canada, the European Central Bank (ECB), the Bank of England (BOE), the Swiss National Bank, Sweden’s Sveriges Riksbank and the Bank of Japan (BOJ), outlined properties the central banks would require from CBDCs in their countries. Story continues Related: BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report The North American, European and Japanese banks said CBDCs would need to be interchangeable with existing money forms and resemble cash in its ease of use in a swathe of payment types at little or no cost. CBDC systems should also connect to legacy financial technologies, settle high volumes of transactions instantaneously around the clock, be impervious to cyberattacks and outages, and comply with regulations and monitoring that apply to money already in circulation and that retain central bank power, the report said. CBDCs could improve cross-border payments, counter Facebook libra-like corporate digital currencies and transfer emergency fund payments to consumers during the coronavirus pandemic, the report said. But CBDCs would not be anonymous and self-running, the report said, diverging from the virtual currencies whose distributed ledger technology they would borrow. Bitcoin transactions run on a blockchain network that masks and silos personal data from central actors, while central banks would maintain access and visibility into CBDC payments and identities. The ECB and the BOJ also stated this month they were looking into issuing CBDCs. An ECB report said a decision to issue a digital euro would be announced next April. BOJ officials have said digital yen experiments are starting in the spring and called for a concerted effort to match China’s digital yuan, the most expansive central bank digital currency being trialed yet. CORRECTION (Oct. 13, 2020, 01:50 UTC): Changes to G20 from G7 throughout. Related Stories IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules", "International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies.\nThe Group of Twenty (G20) – an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent – said ina reportTuesday it is working with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to formalize the use of central bank digital currencies (CBDC) in banking systems.\nAccording to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments.\nRelated:How Investors Are Trading the Election\nStablecoins are digital currencies that are often linked to physical currencies such ad the U.S. dollar. The IMF and the World Bank will have the technical capabilities to facilitate CBDC transactions involving the countries by the end of 2025, the report said.\nThe countries will “examine the scope for new multilateral platforms, global stablecoin arrangements and central bank digital currencies to address the challenges that cross-border payments face without compromising on minimum supervisory and regulatory standards to control risks to monetary and financial stability,” said the G20 Financial Stability Board (FSB), a body formed after the 2008 financial crisis.\nThe G20 roadmap on stablecoins followsa joint reportreleased by seven central banks last week through the BIS in sketching out a transnational front around nationalized digital currencies.\nLast week’s report, authored by the United States Federal Reserve, the Bank of Canada, the European Central Bank (ECB), the Bank of England (BOE), the Swiss National Bank, Sweden’s Sveriges Riksbank and the Bank of Japan (BOJ), outlined properties the central banks would require from CBDCs in their countries.\nRelated:BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report\nThe North American, European and Japanese banks said CBDCs would need to be interchangeable with existing money forms and resemble cash in its ease of use in a swathe of payment types at little or no cost.\nCBDC systems should also connect to legacy financial technologies, settle high volumes of transactions instantaneously around the clock, be impervious to cyberattacks and outages, and comply with regulations and monitoring that apply to money already in circulation and that retain central bank power, the report said.\nCBDCs could improve cross-border payments, counter Facebook libra-like corporate digital currencies and transfer emergency fund payments to consumers during the coronavirus pandemic, the report said. But CBDCs would not be anonymous and self-running, the report said, diverging from the virtual currencies whose distributed ledger technology they would borrow.\nBitcointransactions run on a blockchain network that masks and silos personal data from central actors, while central banks would maintain access and visibility into CBDC payments and identities.\nThe ECB and the BOJ also stated this month they were looking into issuing CBDCs. An ECB report said a decision to issue a digital euro would be announced next April. BOJ officials have saiddigital yen experimentsare starting in the spring andcalled fora concerted effort to match China’s digital yuan, themost expansive central bank digital currencybeing trialed yet.\nCORRECTION (Oct. 13, 2020, 01:50 UTC):Changes to G20 from G7 throughout.\n• IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules\n• IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules", "Grayscale Investments announced Monday that its Grayscale Ethereum Trust (OTC: ETHE ) now operates as a United States Securities and Exchange Commission reporting company. What Happened: The trust, solely invested in Ethereum, will now begin to disclose the amounts of money flowing through it. \x93The Trust will now file its quarterly and annual reports, including its financial statements, on Form 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act,\x94 Grayscale said in a statement . Why It Matters: The New York-based company said that accredited Investors who purchase shares in the trust can now sell them after a mandatory six-month holding period instead of the previous 12-month lock-in period. The Grayscale Bitcoin Trust (OTC: GBTC ) became an SEC reporting company in January this year. In July, Grayscale had announced that the Grayscale Bitcoin Cash Trust (OTC: BCHG ) and Grayscale Litecoin Trust (OTC: LTCN ) had been approved for public listing by the Financial Industry Regulatory Authority on the OTC markets. Price Action: Ethereum (ETH) traded 2.69% higher at $385.10 at press time. Bitcoin (BTC) traded 0.7% higher at $11,461.10. The Grayscale Ethereum Trust's shares closed 3.77% higher at $56.24 on Monday. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Johnson & Johnson Sued Over Failing To Deliver Promised Post-Merger Returns To Auris Investors Electric Vehicle Sales Set To Rise Threefold In Europe This Year: Report © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "Grayscale Investments announced Monday that itsGrayscale Ethereum Trust(OTC:ETHE) now operates as a United States Securities and Exchange Commission reporting company.\nWhat Happened:The trust, solely invested in Ethereum, will now begin to disclose the amounts of money flowing through it.\n“The Trust will now file its quarterly and annual reports, including its financial statements, on Form 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act,” Grayscale said in astatement.\nWhy It Matters:The New York-based company said that accredited Investo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $211,572,074,181 - Hash Rate: 159245977.48262888 - Transaction Count: 333215.0 - Unique Addresses: 732250.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s Lightning Network set a record high Monday as total capacity held in the protocol’s payment channels – sometimes referred to as “total value locked” (TVL) – reached $12.4 million. Two weeks ago, Lightning set the prior high of $12.37 million, surpassing the long-standing previous mark of $12.3 million that was reached in early July 2019 and lasted for 405 days. Bitcoin’s price appreciation has certainly helped boost Lightning’s TVL as the bellwether cryptocurrency has gained more than 30% since July. The total number of bitcoins held on Lightning sits at 1,060, up 24% so far this year, but still remains below the record high of 1,105 BTC set in early May 2019. Compared with the tens of millions of dollars pouring into Ethereum and related protocols because of the decentralized finance craze , Lightning’s growth may seem slow, but a variety of data underscores the network’s steady increase in activity. The number of publicly broadcasting nodes, for example, has steadily increased throughout the entire lifetime of the protocol. Currently more than 7,600 nodes are connected to payment channels, up 55% from January. In August, Lightning’s node count grew 26%, adding 1,581 nodes, representing the largest monthly percentage growth since April 2018 and the largest real monthly growth ever. Lightning Labs, the company building the most popular implementation of Lightning, LND, further quantified the network’s growth in a tweet shared earlier in August. Over 70 companies are currently building on LND, the company said. Read more: Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning Related Stories Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0.\nIt was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse.\nFalling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0.\nSteering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nBinance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support.\nIt was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down.\nCardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn.\nBitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%.\nAt the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Chainlink was up by 1.72% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692.\nFailure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1889.70, Weakens Under $1877.10\n• AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets Early Tone\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trade Though 12019 Confirms Reversal Top\n• Crude Oil Price Update – $40.63 to $41.50 Retracement Zone Controls Near-Term Direction\n• AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets the Tone\n• NZD/USD Forex Technical Analysis – Weakens Under .6655, Strengthens Over .6689', 'Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse. Falling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0. Steering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Binance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support. It was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down. Cardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day. At the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn. Bitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Chainlink was up by 1.72% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692. Failure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Futures (GC) Technical Analysis – Strengthens Over $1889.70, Weakens Under $1877.10 AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets Early Tone E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trade Though 12019 Confirms Reversal Top Crude Oil Price Update – $40.63 to $41.50 Retracement Zone Controls Near-Term Direction AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets the Tone NZD/USD Forex Technical Analysis – Weakens Under .6655, Strengthens Over .6689', 'JPMorgan analysts said Tuesday thatSquare Inc’s(NYSE:SQ) recent $50 million Bitcoin investment is a marker of the potential of the cryptocurrency as an asset, CoinDeskreportedMonday.\nWhat Happened:The bank’s market strategists said in a report that the Jack Dorsey-led company is likely to make more Bitcoin purchases, according to CoinDesk.\nThe analysts reportedly said that other payment companies are likely to follow Square’s lead or risk being left out of a growing segment.\nThe New York-based bank’s strategists described Square’s move as a “strong vote of confidence for the future of bitcoin.”\nSquarepurchased4,709 bitcoins on Oct. 7 at an aggregate purchase price of $50 million, which puts the price of each unit at roughly $10,618. That investment is\xa0worth $53.91 million as of press time.\nWhy It Matters:The lender’s researchers made a note of purchases of Bitcoin by millennials through Square’s Cash app as well asMicroStrategy Incorporated’s(NYSE:MSTR)5 million purchaseof the cryptocurrency, which they say is indicative of demand outstripping supply in the third quarter at a greater level than the preceding quarter, according to Coinbase.\nThe analysts reportedly said that options contracts to Bitcoin have risen as institutional clients are inclined to deal with established exchanges like the Chicago Mercantile Exchange. The analysts also ascribed the rise in options to retail investor activity.\nThe fintech company had termed Bitcoin as “an instrument of economic empowerment and provides a way to participate in a global monetary system.”\nSquare CEO Jack Dorsey, who also leadsTwitter Inc(NYSE:TWTR), told Reuters last month that “Internet wants a currency” and Bitcoin is the “best manifestation of that thus far.”\nThe company’s second-quarter earnings indicate that its Bitcoin revenue rose 600%, with Cash App leading growth.\nPrice Action:Bitcoin traded 0.53% lower at $11,488.89 at press time. Square shares closed nearly 2.9% higher at $190.47 on Monday and gained 0.28% in the after-hours session.\nLatest Ratings for SQ\n[{"Oct 2020": "Sep 2020", "Susquehanna": "Wolfe Research", "Maintains": "Upgrades", "": "Peer Perform", "Positive": "Outperform"}, {"Oct 2020": "Sep 2020", "Susquehanna": "Credit Suisse", "Maintains": "Maintains", "": "", "Positive": "Outperform"}]\nView More Analyst Ratings for SQView the Latest Analyst Ratings\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin\n• Tesla-Heavy ETF Fund Gets Record 4M Inflow In A Day\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "JPMorgan analysts said Tuesday that Square Inc\x92s (NYSE: SQ ) recent $50 million Bitcoin investment is a marker of the potential of the cryptocurrency as an asset, CoinDesk reported Monday. What Happened: The bank\x92s market strategists said in a report that the Jack Dorsey-led company is likely to make more Bitcoin purchases, according to CoinDesk. The analysts reportedly said that other payment companies are likely to follow Square\x92s lead or risk being left out of a growing segment. The New York-based bank\x92s strategists described Square\x92s move as a \x93strong vote of confidence for the future of bitcoin.\x94 Square purchased 4,709 bitcoins on Oct. 7 at an aggregate purchase price of $50 million, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $211,572,074,181 - Hash Rate: 142937654.4874199 - Transaction Count: 314541.0 - Unique Addresses: 680468.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC/USD) made a bullish bounce at the 38.2% Fibonacci retracement support level. Is it time for a continuation of the uptrend or will the pattern expand into a complex correction? Price Charts and Technical Analysis The BTC/USD remains in a strong uptrend. The long-term moving averages have a bullish angle and are all aligned to the upside. The bullish bounce at the 38.2% Fibonacci level could indicate the end of a wave 4 (purple). But price action would need to bounce at the 144 ema or break above the resistance trend line. A bullish continuation is then expected to develop soon. A break below the 144 ema could indicate an expanded wave 4 (blue) at a new low. In that case the head and shoulders pattern (red boxes) could push the price lower. The 50% Fibonacci level is another support zone. Only a break below the 50% Fib and other Fibs would make the bullish outlook less likely (red x). The wave 4 can also turn into a contracting triangle, which would mean another wave C, D, and E before the uptrend continues. The -27.2% target is at 13,350 and the -61.8% Fib target is at 14,500. Good trading, Chris Svorcik The analysis has been done with the indicators and template from the SWAT method (simple wave analysis and trading). For more daily technical and wave analysis and updates, sign-up to our newsletter For a look at all of todays economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast Stock Markets Continue to Grind Higher USD/CAD Daily Forecast Attempt To Settle Above 1.3050 AUD/USD Price Forecast Australian Dollar Pulls Back Are Fangs Going To Breakdown Soon? GBP/USD Price Forecast British Pound Pulls Back USD/JPY Price Forecast US Dollar Continues to Grind Back and Forth... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Grayscale Investments on Wednesday reported\xa0it received\xa0$1.05 billion in cryptocurrency investment products in the\xa0third quarter. What Happened: The New York-based investment firm, in its "Digital Asset Investment"\xa0report, said that it saw the largest\xa0single-quarter capital inflow in Q3. Its\xa0year-to-date investments have topped $2.4 billion —\xa0double the cumulative flow of $1.2 billion in the 2013-2019 period. The company’s Grayscale Bitcoin Trust (OTC: GBTC ) led investment demand,\xa0garnering inflows of $719.3 million in the period with assets under management growing 147%\xa0year-to-date. Demand also grew for other products — Grayscale Bitcoin Cash Trust (OTC: BCHG ), Grayscale Litecoin Trust (OTC: LTCN ), and Grayscale Digital Large Cap Fund (OTC: GDLC ) saw inflows rise by more than 1,400% quarter-over-quarter. Grayscale Ethereum Trust (OTC: ETHE ) drew 17% of inflows from new institutional investors. As much as 81% of the investments in the firm’s products came from institutional investors in the period. Why It Matters: On Monday, Grayscale said its Ethereum trust now operated as\xa0a\xa0U.S. Securities and Exchange Commission reporting company. The company’s Bitcoin Cash and Litecoin funds got approval for listing on the OTC markets by the Financial Industry Regulatory Authority in July. JPMorgan analysts said Tuesday that Square Inc’s (NASDAQ: SQ ) $50 million investment in Bitcoin signifies the cryptocurrency’s potential as an asset. The analysts also pointed to the $425 million Bitcoin purchase of MicroStrategy Incorporated (NASDAQ: MSTR ) as an indicator of demand for Bitcoin outstripping its supply in the third quarter. Price Action: Bitcoin traded 0.58% lower at $11,390.44 at press time, while Ethereum traded 1.6% lower at $377.32. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas DeFi Craze Sees Uniswap Overtaking Coinbase In Monthly Trading Volume Justice Department Charges Five For Alleged M Cryptocurrency Mining Fraud © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Grayscale Investments on Wednesday reported\xa0it received\xa0$1.05 billion in cryptocurrency investment products in the\xa0third quarter.\nWhat Happened:The New York-based investment firm, in its "Digital Asset Investment"\xa0report, said that it saw the largest\xa0single-quarter capital inflow in Q3. Its\xa0year-to-date investments have topped $2.4 billion —\xa0double the cumulative flow of $1.2 billion in the 2013-2019 period.\nThe company’sGrayscale Bitcoin Trust(OTC:GBTC) led investment demand,\xa0garnering inflows of $719.3 million in the period with assets under management growing 147%\xa0year-to-date.\nDemand also grew for other products —Grayscale Bitcoin Cash Trust(OTC:BCHG),Grayscale Litecoin Trust(OTC:LTCN), andGrayscale Digital Large Cap Fund(OTC:GDLC) saw inflows rise by more than 1,400% quarter-over-quarter.\nGrayscale Ethereum Trust(OTC:ETHE) drew 17% of inflows from new institutional investors.\nAs much as 81% of the investments in the firm’s products came from institutional investors in the period.\nWhy It Matters:On Monday, Grayscale said its Ethereum trust now operated as\xa0a\xa0U.S. Securities and Exchange Commissionreportingcompany.\nThe company’s Bitcoin Cash and Litecoin funds got approval forlistingon the OTC markets by the Financial Industry Regulatory Authority in July.\nJPMorgan analysts said Tuesday thatSquare Inc’s(NASDAQ:SQ) $50 million investment in Bitcoin signifies the cryptocurrency’s potential as an asset. The analysts also pointed to the $425 million Bitcoin purchase ofMicroStrategy Incorporated(NASDAQ:MSTR) as an indicator of demand for Bitcoin outstripping its supply in the third quarter.\nPrice Action:Bitcoin traded 0.58% lower at $11,390.44 at press time, while Ethereum traded 1.6% lower at $377.32.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• DeFi Craze Sees Uniswap Overtaking Coinbase In Monthly Trading Volume\n• Justice Department Charges Five For Alleged M Cryptocurrency Mining Fraud\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'ZUG, Switzerland, Oct. 15, 2020 (GLOBE NEWSWIRE) --viaCryptoCurrencyWire--Alien Worlds (alienworlds.io), the NFT DeFi metaverse created by the team that pioneered the decentralised autonomous community (DAC) and tokenised block producer eosDAC, has sold out its inaugural NFT sale in the first-ever Dutch auction on the WAX Blockchain.\nAlien Worlds is the only NFT DeFi project cross-denominated on both Ethereum and WAX. Gamers farm the metaversal ERC-20 token, Trilium, using NFT land and tools. NFT cards confer gameplay advantages in mining and fighting, and power is expressed by participants staking the ERC-20 Trilium token to planets, each of which is a DAC with dedicated elected leadership.\nThe Alien Worlds inaugural Dutch NFT auction concluded on Oct. 10, 2020, and allowed gamers to secure Launch Packs at a range of prices. Launch Packs sold out well in advance of the conclusion of the auction, which was scheduled to run for 24 hours.\nBuyers opined on purchasing strategies in the active Alien Worlds Telegram channel during the lively auction and are keenly awaiting the four additional Alien Worlds NFT pack sales that will occur this autumn. Buyers paid the opening Dutch auction prices to secure “first mints,” which are popular among NFT collectors due to their ultra-rarity. As prices moved down through the price range, auction participants were determined to secure Alien Worlds NFT cards with better stats, which make mining and fighting more lucrative within the metaverse and which can later be “shined” for even greater gameplay efficiency.\nThe upcoming NFT auction schedule will be:\n• Oct. 23: Rare Pack Sale – 4,000 packs with greater probabilities of receiving Rare-type cards and some special cards reserved for this sale.\n• Nov. 6: Legendary Pack Sale – 3,000 packs with greater probabilities of receiving Legendary-type cards.\n• Nov. 20: eosDAC Pack Sale – Sale for eosDAC tokens with bonus probabilities.\n• Dec. 4: Special Land Pack Sale – The only chance to obtain Land NFTs.\nThe auctions take place on theAlien Worlds Sales websiteand offer parallel supply on Ethereum and WAX. NFT holders from Ethereum communities like Decentraland, Gods Unchained, Sandbox, RARI and Axie, as well as the growing WAX-based NFT communities, participate in tandem. Alien Worlds NFTs are available in the upcoming auction series, but the fungible Trilium token can only be obtained in-game through play. Alien Worlds co-founder and blockchain lead Michael Yeates has innovated the first cross-chain Ethereum-WAX methodology, which allows the fungible Trilium token to be recorded and transacted simultaneously across both blockchains.\n“The success of Alien Worlds’ first auction tells me our community understands how NFTs complement DeFi so synergistically,” said Alien Worlds co-founder Rob Allen. “People love NFTs because they are digital items you can use in gameplay and collect. People love DeFi because it’s an emerging application of blockchain through which we find sources of potential earnings and arrange those directly with peers. Within Alien Worlds there’s a home for both, because our project relies on both NFTs and the decentralised autonomous community or DAC structure, which allows users to decide how earnings are apportioned.”\nSince Ethereum is the home of DeFi and WAX is “the King of NFTs,” Alien Worlds sits at the crossroads of these advances in blockchain by being the first and only cross-denominated project. To strengthen this conjunction, Alien Worlds is reaching out to highly invested Ethereum NFT enthusiasts. The project has dropped Promo Packs of NFTs onto the top 6,400 NFT holders in Decentraland, RARI, Gods Unchained, Sandbox and Axie. Users can check if theymade the cutand claim their Promo Packs via alienworlds.io. Alien Worlds is also seekingETH Ambassadorsto help spread the word.\n“We’re excited to see how the community evolves this project, particularly in terms of ‘planets,’” said co-founder Sarojini McKenna. “Users choose where to stake their Trilium, and a planet with more Trilium staked to it will receive more rewards, which that planet can decide how to use – including paying its backers. The fact that each planet is its own DAC makes this truly decentralised, which we know from experience leads to an abundance of energy and creativity; wonderful things you never could have foreseen start happening.”\nAlien Worlds is set in a future in which some of Earth’s inhabitants have discovered a way to escape the raging pandemics on Earth through a wormhole revealed to them by an advanced alien race, which sent messages through Bitcoin mining algorithms. To build a fairer economy, everything in the Alien Worlds metaverse was tokenised.\nNow, the Alien Worlds “Star Route” or roadmap, published on the project’s website, includes the launch of the beta Unity user interface, the opening of the “shining” functionality in which NFTs can be combined to create rarer items, and the commencement of battling using NFT weapons and minions in the Thunder Dome. Further developments in the metaversal narrative arc, sometimes precipitated by guidance from an Ancient Alien AI, will be ongoing.\nAbout Alien Worlds(alienworlds.io): Alien Worlds is a smart-contract decentralised metaverse combining DeFi farming with NFT card-based strategy play. Alien Worlds has partnered with a game engineering studio to create the metaversal UI, which will call blockchain commands seamlessly so anyone can explore, earn, battle and stake in Alien Worlds. For more information, join ourTelegramorDiscordor refer to ourBlockchain Technical Blueprint.\nAboutDacoco(dacoco.io): Alien Worlds creators Dacoco GmbH are based in Zug’s Crypto Valle Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $212,885,155,350 - Hash Rate: 144856280.7221504 - Transaction Count: 340993.0 - Unique Addresses: 743078.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: - By insider Investment company Home Federal Bank Of Tennessee ( Current Portfolio ) buys PNC Financial Services Group Inc, Linde PLC during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Home Federal Bank Of Tennessee. As of 2020Q3, Home Federal Bank Of Tennessee owns 67 stocks with a total value of $227 million. These are the details of the buys and sells. New Purchases: PNC, LIN, Added Positions: SPY, CARR, Reduced Positions: MSFT, IWS, IJS, WBA, T, GE, HON, COP, XOM, SCHF, MCD, Warning! GuruFocus has detected 3 Warning Sign with PNC. Click here to check it out. PNC 15-Year Financial Data The intrinsic value of PNC Peter Lynch Chart of PNC For the details of HOME FEDERAL BANK OF TENNESSEE's stock buys and sells, go to https://www.gurufocus.com/guru/home+federal+bank+of+tennessee/current-portfolio/portfolio These are the top 5 holdings of HOME FEDERAL BANK OF TENNESSEE BTC iShares Core S&P 500 ETF ( IVV ) - 212,983 shares, 31.49% of the total portfolio. Shares added by 0.89% BTC iShares S&P 500 Value ETF ( IVE ) - 521,134 shares, 25.78% of the total portfolio. Shares reduced by 0.29% BTC iShares S&P Small-Cap 600 Value ETF ( IJS ) - 49,684 shares, 2.68% of the total portfolio. Shares reduced by 1.93% Microsoft Corp (MSFT) - 23,034 shares, 2.13% of the total portfolio. Shares reduced by 4.67% BTC iShares Russell Mid-Cap Value ETF (IWS) - 57,239 shares, 2.04% of the total portfolio. Shares reduced by 4% New Purchase: PNC Financial Services Group Inc (PNC) Home Federal Bank Of Tennessee initiated holding in PNC Financial Services Group Inc. The purchase prices were between $98.85 and $114.18, with an estimated average price of $107.55. The stock is now traded at around $115.88. The impact to a portfolio due to this purchase was 0.09%. The holding were 1,900 shares as of . New Purchase: Linde PLC (LIN) Home Federal Bank Of Tennessee initiated holding in Linde PLC. The purchase prices were between $214.77 and $260.23, with an estimated average price of $242.24. The stock is now traded at around $240.05. The impact to a portfolio due to this purchase was 0.09%. The holding were 880 shares as of . Here is the complete portfolio of HOME FEDERAL BANK OF TENNESSEE. Also check out: 1. HOME FEDERAL BANK OF TENNESSEE's Undervalued Stocks 2. HOME FEDERAL BANK OF TENNESSEE's Top Growth Companies, and 3. HOME FEDERAL BANK OF TENNESSEE's High Yield stocks 4. Stocks that HOME FEDERAL BANK OF TENNESSEE keeps buyingThis article first appeared on GuruFocus . 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: ['Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0. It was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move. The morning pullback saw Bitcoin fall through the first major support level at $11,311. Finding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632. Bitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels. Finding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green. It was a bearish day for the rest of the majors. Polkadot led the way down, falling by 3.00%. Chainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled. Cardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day. In the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%. This Morning At the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day for the crypto majors. Cardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red. At the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels. Barring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828. Failure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play. Barring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2020 Gold Price Futures (GC) Technical Analysis – Needs to Hold $1889.70 to Keep Support Base Intact Natural Gas Price Prediction – Prices Rise Following Inventory Report Brexit, the EU Summit, and the Pound – Boris Johnson to Announce Next Steps Oil Is Losing Ground Amid Virus Fears PNC Financial Third Quarter Profits Swell as Loan Provisions Shrink; Target Price $138 in Best Case', 'Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0.\nIt was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move.\nThe morning pullback saw Bitcoin fall through the first major support level at $11,311.\nFinding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632.\nBitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels.\nFinding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBinance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors.\nPolkadot led the way down, falling by 3.00%.\nChainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled.\nCardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day.\nIn the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%.\nAt the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the crypto majors.\nCardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red.\nAt the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support.\nBitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.\nBarring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828.\nFailure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play.\nBarring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2020\n• Gold Price Futures (GC) Technical Analysis – Needs to Hold $1889.70 to Keep Support Base Intact\n• Natural Gas Price Prediction – Prices Rise Following Inventory Report\n• Brexit, the EU Summit, and the Pound – Boris Johnson to Announce Next Steps\n• Oil Is Losing Ground Amid Virus Fears\n• PNC Financial Third Quarter Profits Swell as Loan Provisions Shrink; Target Price $138 in Best Case', 'VANCOUVER, BC / ACCESSWIRE / October 15, 2020 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the "Company" or "HIVE") announces its results for the first quarter ended June 30, 2020 (all amounts in US dollars, unless otherwise indicated). The Company\'s Management will host a webcast on Friday, October 16, 2020 at 10:00 am Eastern Time to discuss the Company\'s financial results. Click here to register for the webcast. "The first quarter marked an important period of transition for HIVE as we completed the assumption of direct control of our data centre operations from our former strategic partner and diversified our operations through the acquisition of our data centre facility in Canada to complement our Ethereum mining data centres in Europe, all of which are powered by green energy, which produce coins such as Ethereum and Bitcoin continuously in the cloud" said Frank Holmes, Interim Executive Chairman of HIVE. "Our gross mining margins from Ethereum mining increased during the quarter due to the combination of an increase in our mining output of Ethereum and our lower cost to mine Ethereum, which has been driven by a significant reduction in energy costs in Sweden and lower operating cost structure in Iceland achieved through our assumption of direct control of these operations. "As the largest public miner of Ethereum, this improvement in operational efficiency proved beneficial as Ethereum prices have risen through the year, and the explosion of DeFi applications usage on the Ethereum network drove a significant increase in the fees paid to miners over the summer and resulted in a record amount of Ethereum mined for HIVE during the most recent quarter ending September 30. "We have been utilizing the resulting positive cash flows from our Ethereum mining to support our Bitcoin mining operations as it continues to scale up with next generation mining equipment post the halving of Bitcoin rewards in May. Story continues "We have also undertaken a program to upgrade and expand our GPU equipment to maintain our Ethereum mining industry footprint. We are hopeful to complete this project by the end of 2020 though the negative impact on the global supply chain related to the COVID-19 pandemic does present challenges including increased shipping costs, obtaining equipment from China on a timely basis, and preventing the movement of technical teams across our locations in Europe. We will keep shareholders updated on our progress in our next quarterly update, anticipated near the end of November." Q1 F2021 Highlights Generated income from digital currency mining of $6.6 million Generated gross mining margin 1 of $2.6 million, or 39% o Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $212,885,155,350 - Hash Rate: 148693533.1916113 - Transaction Count: 324647.0 - Unique Addresses: 712317.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The crypto industry, with its questionable carbon footprint, now has a convenient way to showcase its green cred on a verified (rather than trusted) basis. But that raises a tricky question: The likes of Amazon and Google, whose processing largely takes place within directly owned and controlled data centers, are able to contract clean energy with relative ease and precision. But who do you ask for if you want to make Bitcoin greener? Announced Wednesday, Energy Web , a non-profit focused on decentralized approaches to decarbonizing the grid, wants to show how a large blockchain platform can switch to a zero-carbon footprint. To start with, the organization is teaming up with San Francisco-based Ripple and the XRP Ledger Foundation. Related: World's Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech Ripples support of this venture is intended to open the door to other blockchains with more energy-intensive operations like Bitcoin, said Jesse Morris, Energy Webs chief commercial officer. To make all this possible, the non-profit has released an open-source app called EW Zero that makes it easy for individuals, businesses or even entire blockchain ecosystems to make the transition. This initial deployment uses energy attribute certificates (EACs) from renewable energy sources to decarbonize electricity, the companies said. Blockchains are a massive energy hog and a lot of that electricity is not coming from wind, solar, hydro or other sustainable facilities, said Morris. So we have been thinking for a while now about how we could help the crypto industry decarbonize blockchains, given the distributed nature of the technology. First, Ripple In the case of Ripple, a 500-person fintech company focused on crypto-powered banking, there is an obvious starting point when it comes to reducing the firms carbon footprint. Moreover, Ripple uses a consensus system quite unlike Bitcoins proof-of-work (PoW) mining, an algorithm that by definition must burn through a ton of electricity. (At last count, the top five PoW blockchains currently use up to 170 terawatt-hours (TWh) of electricity per year more than the state of New York.) Story continues Related: Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016 As such, bitcoin isnt really comparable to something like pre-mined XRP running on Ripple, which many would argue comprises much more of a centralized system. Presented with these observations, Ken Weber, Ripples head of social impact, said in this case it would be beneficial to put technology-based tribal differences aside and adopt more of an all in this together approach. Read more: Can Bitcoin Survive the Climate Change Revolution? Its early days for all these currencies, which right now have a tiny share of global finance, but further down the line [green energy adoption] is gonna be much more difficult to reverse engineer, said Weber. We wanted to help make it easy to adopt these practices. This is not a proprietary wish on Ripples part; its a whole system wish. As with other social change movements, the idea is not to make anybody feel bad or shamed, but to give them a means to do this that is reasonable, beneficial and participatory. Crypto ESG Alex de Vries, the founder of Digiconomist, which identifies trends in cryptocurrencies, said carbon offsetting is happening at the level of crypto exchanges looking to do business with traditional financial institutions that follow environmental, social and corporate governance (ESG) mandates. Ripple is leveraging the fact that people associate heavy energy consumption with blockchains, but thats only really proof-of-work, said de Vries. With Bitcoin, youre talking about an extreme carbon footprint of 300 kilograms per transaction. I havent done the math on Ripple, but its gonna be closer to a Visa transaction, which is 0.4 grams per transaction. Read more: Hyperledger Conference Shows Where Blockchain Can Fight Global Warming Nonetheless, this is a step in the right direction for a relatively young industry that could become one of the first to be carbon-neutral, said Energy Webs Morris. In the same way that large corporates use certificates to decarbonize complex supply chains, blockchain users can purchase certificates from different places around the world (EW Zero also uses a blockchain system to track and account for these certificates). Imagine in the future having a wallet interacting with some blockchain, and as a part of that wallet you can actually increase your transaction fee just a bit and youve just contributed to decarbonizing the blockchain by purchasing a certificate somewhere, said Morris. Or if you are a bitcoin miner in a mining pool, youre also able to use this application to directly purchase certificates in a specific part of the world. The impetus to give this is a go is two-fold, said Energy Web CEO Walter Kok. Firstly, on the supply side, it will be useful to hook up existing green energy producers already servicing Bitcoin, which might have an overcapacity of green energy, Kok said, adding: The other part wont happen overnight, but in the end, everybody wants to be assured they are contributing to a better world. So lets get to the point where we can say with confidence that all blockchains, including Bitcoin and all its miners, produce in a green way. Related Stories Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse.\nFalling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0.\nThe morning pullback saw Bitcoin fall through the first major support level at $11,313.\nFinding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level.\nA late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBinance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down.\nCardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled.\nChainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%.\nAt the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day for the crypto majors.\nAt the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down.\nBitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696.\nFailure to move through the $11,361 pivot would bring the first major support level at $11,176 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Markets Have Gone Back and Forth\n• USD/JPY Weekly Price Forecast – Conflicting Candlesticks Show Consolidation\n• Gold Price Prediction – Prices Consolidate Despite Robust Retail Sales\n• Oil Is Set To Finish The Week Above The Key $40 Level\n• S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion\n• Gold Price Forecast – Gold Continues to Dance Around 50 Day EMA', 'Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse. Falling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0. The morning pullback saw Bitcoin fall through the first major support level at $11,313. Finding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level. A late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Binance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down. Cardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled. Chainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%. This Morning At the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a bearish start to the day for the crypto majors. At the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696. Failure to move through the $11,361 pivot would bring the first major support level at $11,176 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Have Gone Back and Forth USD/JPY Weekly Price Forecast – Conflicting Candlesticks Show Consolidation Gold Price Prediction – Prices Consolidate Despite Robust Retail Sales Oil Is Set To Finish The Week Above The Key $40 Level S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion Gold Price Forecast – Gold Continues to Dance Around 50 Day EMA', 'Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.\n• In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to therecord highof 3,500 contracts reached in mid-September.\n• The numbers were revealed by the Commitment of Traders (COT) report published by the U.S. Commodity Futures Trading Commission (CFTC) on Friday.\n• The cryptocurrency’s price reached multi-week highs above $11,700 during the seven days to Oct. 1, confirming a breakout on technical charts.\n• BTC’s recent resilience to several exchange-related issues may have given institutions the confidence to increase their bullish bets.\n• The cryptocurrency remained largely bid above $10,000 earlier this month despite news of theKuCoin exchange hackand U.S. regulatorsbringing criminal and civil chargesagainst BitMEX.\n• Similarly, buyers defended support at $11,200 on Friday after prominent crypto exchange OKExsuspended withdrawals.\n• ‘Had these events happened last year, the [bearish] impact on bitcoin’s price would have been much greater,” Sui Chung, CEO of CF Benchmarks, said in a statement to CoinDesk.\n• The derivatives market is now less dependent on exchanges like BitMEX and OKEx than a year ago.\n• In September 2019, the two exchanges accounted for over 70% of the global BTC derivatives’ open interest. That number has now dropped to 40%.\n• As such, the cryptocurrency is less sensitive to exchange-related issues. That’s a testament to the growing maturity of the cryptocurrency space, according to Chung.\n• Speculators or leveraged funds – hedge funds and various types of money managers that, in effect, borrow money to trade – increased their short positions by 4% to 14,100 – the record low seen in August.\n• That does not necessarily imply bearish implications for price.\n• According toPatrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG, cash and carry trading may have pushed bearish bets to record highs.\n• “Cash and carry” is an arbitrage strategy that involves buying the asset on the spot market and taking a sell position in the futures market when the latter is trading at a significant premium to the spot price.\n• Futures prices converge with spot prices on the day of the expiry, yielding arisk-free returnto a carry trader.\nAlso read:Bitcoin Price Dips 3% on OKEx News, Analysts Aren’t Too Worried\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps', 'Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.\n• In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to therecord highof 3,500 contracts reached in mid-September.\n• The numbers were revealed by the Commitment of Traders (COT) report published by the U.S. Com Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $212,885,155,350 - Hash Rate: 152419671.45957646 - Transaction Count: 275069.0 - Unique Addresses: 586741.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Twitter CEO Jack Dorseytweetedhis disapproval of Coinbase CEO Brian Armstrong steering his company away from corporate activism. • Armstrong wrote inan open letterpublished Sunday that Coinbase had “an apolitical culture,” and that the exchange would not engage in “broader societal issues” or entertain employee discussions about it. • After the letter, Armstrong circulated a company-wide memo informing Coinbase employees that if they did not like the policy they could take a “generous”severance packageinstead. • Twitter CEO Dorsey responded that by the very act of being a crypto exchange, Coinbase was already activist by definition and there’s no point in pretending otherwise. • “Bitcoin (aka ‘crypto’) is direct activism against an unverifiable and exclusionary financial system which negatively affects so much of our society. Important to at least acknowledge and connect the related societal issues your customers face daily. This leaves people behind,” Dorseytweeted. • The back and forth comes at a time when tensions in the U.S. are boiling over with COVID-19, civil unrest and now a heated presidential race between incumbent President Donald Trump and former Vice President Joe Biden. Read more:Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’ • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’ • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’ • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Saturday, October 17, 2020', 31, '2020-10-17 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/', 'jcoki7', [['u/Damien_Targaryen', 20, '2020-10-17 06:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g92q4n0/', 'Really gotta thank COVID and all the FUD, all the uncertainty, for keeping Bitcoin’s price relatively stagnant. Accumulation of a lifetime.', 'jcoki7'], ['u/Knerd5', 20, '2020-10-17 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g92saie/', 'Suck up all the coins you can. The ride goin get wild.', 'jcoki7'], ['u/LongStrongHopiumDong', 13, '2020-10-17 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g939eq5/', 'The reality:\n\n> I’ll FOMO back in again in the upcoming $16k top;)', 'jcoki7'], ['u/_supert_', 18, '2020-10-17 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g939vs2/', 'This is a metalloid that may be a tad poisonous and has three allotropic forms; yellow, black and luminous evil cloud of doom. The Man is real and controls our world, which is why many people choose to fight him. Like, totally... . Reading sucks ass!.', 'jcoki7'], ['u/JaManSnowflake', 18, '2020-10-17 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93pfxw/', "If the last bull run thought me anything, it's that FUD is really bitcoin publicity in disguise.", 'jcoki7'], ['u/_supert_', 22, '2020-10-17 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93q3li/', "The towel was created by humans as a means to soak up fluids (water, lemonade, excess fluids after a group kitten huff, and the product of masturbation), but it has been determined through careful testing with a shpencil that towels are in fact highly intelligent and do not appreciate one bit being used to soak up fluids. . Essentially the risk of failure now is minimal, maybe nearly zero. In 2011 there were so many existential questions. . So the return will be less (I don't expect $1M) but I am comfortable with about half net worth in btc. 2 is the largest gathering of naked people which falls short of qualifying as an orgy. In fact I suffered a 70% draw down in short order. I can't see us touching 3k now. . So risk adjusted, I think it's a better trade now.. Arsenic (Latin for arse hole) is a chemical element in the periodic table that has the symbol As and atomic colour blue.. For more examples of negative thrust, see Masturbation (disambiguation). They also move away when used for a purpose they do not agree with, but it is so slow as to be undetectable to human eyesight... Illiterate? Write for free help!.", 'jcoki7'], ['u/warproxxx', 19, '2020-10-17 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93rbag/', "I think its really impressive how the market just shrugged off the okex event. Okex is much much bigger exchange than people here are pretending it to be. Upto around 2018 OkEx/OkCoin was the shit. The exchange that led nearly every movements. And still today it's one of the biggest exchanges where significant market moving trades took place (remember those okex whale posts here that perfectly coincided with price rises from the fall in 3k?)\n\nChina is totally cracking down on that exchange. And, the market just shurgged it off as no big deal. It speaks so much about how mature bitcoin has become. Upto 2018 this would had been a -20% event. But now, it was like a no event. Like how the dollar dosen't react when a bank's executive gets taken away. I think it speaks volumes about about big and diversified bitcoin has become.", 'jcoki7'], ['u/jarederaj', 11, '2020-10-17 16:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93tdk1/', 'Okay, that makes sense.\n\nYeah, volatility is nothing like it was. The price would drop 70% overnight because of a darknet market collapse. We had basically 1 exchange for a long time. At one point you hade to mine btc yourself or send a check to a dude in Mexico.\n\nStability keeps increasing, which demonstrates real value.', 'jcoki7'], ['u/cryptogrip', 16, '2020-10-17 16:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93uwv4/', "I agree with this. I worked in tech and IT networking when a few friends were mining Bitcoin in the early days, and I was too wrapped up in the negatives around Bitcoin to allow my understanding of how disruptive technologies grow to benefit me. My most common experience with Bitcoin was helping businesses who had their storage drives encrypted by a hack, demanding 9k in Bitcoin by a specific time to release the data back to the owners. I didn't see then what I should have seen. I saw only risk and malicious use of Bitcoin. \n\nNow I realize that some of the best innovations in history stemmed from tech that was first used negatively. Bitcoin has matured immensely and is clearly here to stay. Kudos to anyone who was able to see this with an open mind a decade ago.", 'jcoki7'], ['u/ChartsCrypto', 11, '2020-10-17 17:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g943cuh/', "if 12k would just break we'd be at 14k+ before you know it. that is unless they want to snail it up.", 'jcoki7'], ['u/jarederaj', 13, '2020-10-17 18:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g9448oj/', 'I think 14k is going to take a couple months. The ping pong action between 20k and 14k is going to shake some people, though.', 'jcoki7'], ['u/LongStrongHopiumDong', 10, '2020-10-17 21:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g94omuj/', 'Wow. What a time to be alive. The chance to buy BTC at only $11k. These no-coiner plebs haven’t a clue, can’t wait to sell to ‘em.', 'jcoki7']]], ['u/MandelaNuke', 'Can I prove my BitCoin balance to a complete stranger, safely, over the Internet?', 10, '2020-10-17 07:59', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/', 'I\'d like to prove, verifiably, to some contestants in a contest I\'m setting up; that I\'m on the level and I do indeed have a prize ready to give to the winner.\n\nI\'m not talking escrow, I don\'t know who specifically is taking the money yet, they haven\'t contested yet and it doesn\'t start for another 9 weeks.\n\nSo, I\'m trying to offer a cash prize, and to show off the bling on flyers and stuff.\n\nI can\'t write "Grand Prize 0.0005 BTC" because that looks fucking lame, right?\n\nWhat can be put on the poster to really get people\'s juices flowing?', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/', 'jcpxee', [['u/[deleted]', 15, '2020-10-17 08:30', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g92x8eq/', 'You can prove it, just sign a message proving you own the bitcoin address. The functionality is built into electrum.', 'jcpxee'], ['u/redmamoth', 12, '2020-10-17 09:00', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g92z2fm/', 'I think you can sign a message, that proves you have the private keys for a specific address, therefor access to the full balance.', 'jcpxee'], ['u/ExisDiff', 16, '2020-10-17 09:55', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g9328pg/', 'You can, by signing a message appended to a bitcoin address you own. No one else but you can produce that particular signature associated with the bitcoin address you own. This is how: [https://bitcointalk.org/index.php?topic=990345.0#post\\_electrum198](https://bitcointalk.org/index.php?topic=990345.0#post_electrum198)', 'jcpxee'], ['u/gld6000', 10, '2020-10-17 15:47', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g93p3gc/', 'Have any skeptics send you some BTC and you will send them back DOUBLE just to prove it.', 'jcpxee']]], ['u/rBitcoinMod', 'Daily Discussion, October 17, 2020', 23, '2020-10-17 09:00', 'https://www.reddit.com/r/Bitcoin/comments/jcqlhu/daily_discussion_october_17_2020/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0. Leaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0. Steering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back. Falling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 levels. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day.. Binance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green. In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%. This Morning At the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day for the crypto majors. Bitcoin Cash SV was down by 0.35% to buck the trend early on. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was up by 1.40% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499. Failure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Daily Forecast – Rate Cut Chatter, Lower Risk Appetite Key Bearish Catalysts The Week Ahead – U.S Politics, COVID-19, Brexit, and Private Sector PMIs in Focus S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion The Weekly Wrap – Brexit, COVID-19, and U.S Politics Drive the Majors Arab SWFs Struggling with Rentier State Strategies Crude Oil Weekly Price Forecast – Crude Oil Markets Eke Out Gains', 'Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0.\nLeaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0.\nSteering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back.\nFalling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 levels.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day..\nBinance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green.\nIn the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%.\nAt the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the crypto majors.\nBitcoin Cash SV was down by 0.35% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Binance Coin was up by 1.40% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499.\nFailure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Rate Cut Chatter, Lower Risk Appetite Key Bearish Catalysts\n• The Week Ahead – U.S Politics, COVID-19, Brexit, and Private Sector PMIs in Focus\n• S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion\n• The Weekly Wrap – Brexit, COVID-19, and U.S Politics Drive the Majors\n• Arab SWFs Struggling with Rentier State Strategies\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Eke Out Gains', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset cl Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $210,716,633,203 - Hash Rate: 119288755.698985 - Transaction Count: 231557.0 - Unique Addresses: 512486.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: TORONTO, ON / ACCESSWIRE / September 18, 2020/Tribert Rujugiro Ayabatwa is proud to announce that his company Barco Trading Company is approaching its 20thyear of productive corporate leadership. Tribert Ayabatwa is a Rwandan serial entrepreneur, business leader, and philanthropist. He is the founder of Barco Trading Company and the Pan African Tobacco Group. Tribert Rujugiro Ayabatwa established Barco Trading Company (BTC) in Lubango, Angola, in 2002. That was the year Angola achieved peace and began to build itself into the fourth-largest economy in Sub-Saharan Africa with a GDP of US$94 billion. With cumulative investments of $60 million USD and a projected of an additional US$10 million, BTC is the only manufacturer of tobacco products in Angola. BTC employs 416 full-time and seasonal employees in the manufacturing and supply chain. Tribert Rujugiro Ayabatwa envisions a bigger role for BTC by becoming a major exporter of made-in-Angola products. Ayabatwa is also keen to maintain the excellent relationship with the authorities and the people of Angola. This relationship includes BTC's corporate social responsibility recently demonstrated by the joint effort with the authorities in fighting COVID-19. BTC contributed a variety of foodstuff and sanitary materials. For Ayabatwa, business is about more than just making a profit. Contributing to the greater good is fundamental. "I am excited to see what the next 20 years hold for Barco Trading Company," says Tribert Rujugiro Ayabatwa. To learn more about Tribert Rujugiro Ayabatwa, visithttps://www.ptg-hld.com/our-founder. About Tribert Rujugiro Ayabatwa Tribert Rujugiro Ayabatwa is a successful entrepreneur, business leader, and philanthropist from Rwanda. Ayabatwa is the founder and controlling shareholder of the Pan African Tobacco Group, Africa's largest indigenous manufacturer of tobacco products. The company, which celebrated its 40thyear of operations last year, manufactures cigarettes in nine African countries including Nigeria, Angola, Burundi, the Democratic Republic of Congo, Tanzania, Uganda, and the United Arab Emirates. Tribert Rujugiro Ayabatwa is also one of Africa's leading philanthropists. He has helped communities uplift themselves in fields such as education, food security, afforestation, and water-access. Through his non-profit foundation, Ayababwa also strives to help young people to gain the practical engineering experience required to enter the job market in Africa. Contact: David HimbaraPanAfrican Tobacco [email protected] SOURCE:Tribert Rujugiro Ayabatwa View source version on accesswire.com:https://www.accesswire.com/606698/Tribert-Rujugiro-Ayabatwas-Angola-Based-BTC-Approaching-a-20-Year-Mark-of-Productive-Corporate-Citizenship... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Puerto Rico-based bank founded by gold bug and long-timebitcoinskeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.\nAccording to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.”\nHundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.\nRelated:Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains\nThese reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking.\n“People can be investigated for all sorts of reasons [so it] doesn’t mean they did anything wrong,” Schiff said in a fiery interview with 60 Minutes Australia. “I’m not allowed to discuss it.”\nThe investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific.\nInitiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year.\nRelated:IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns\nThe effort was established by the countries’ top tax officials, known as the “Joint Five,” after it was discovered tax authorities were less than equipped to deal with the revelations arising from the “Panama Papers” scandal.\nAccording toThe Age, the bank’s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers’ financial information at risk.\nHe claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank.\nA huge 2016 leak of documents, the Panama Papers shed light on how some of the world’s wealthiest people and firms have been hiding money and evading tax in off-shore accounts.\nSchiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as “frauds,” in a tweet on May 9.\nSee also:The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe', 'A Puerto Rico-based bank founded by gold bug and long-timebitcoinskeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.\nAccording to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.”\nHundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.\nRelated:Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains\nThese reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking.\n“People can be investigated for all sorts of reasons [so it] doesn’t mean they did anything wrong,” Schiff said in a fiery interview with 60 Minutes Australia. “I’m not allowed to discuss it.”\nThe investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific.\nInitiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year.\nRelated:IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns\nThe effort was established by the countries’ top tax officials, known as the “Joint Five,” after it was discovered tax authorities were less than equipped to deal with the revelations arising from the “Panama Papers” scandal.\nAccording toThe Age, the bank’s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers’ financial information at risk.\nHe claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank.\nA huge 2016 leak of documents, the Panama Papers shed light on how some of the world’s wealthiest people and firms have been hiding money and evading tax in off-shore accounts.\nSchiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as “frauds,” in a tweet on May 9.\nSee also:The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe', 'A Puerto Rico-based bank founded by gold bug and long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for \x93high-risk\x94 clients. According to reports on Saturday by several large media organizations in Australia and the U.S., Schiff\x92s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed \x93Operation Atlantis.\x94 Hundreds of account holders at the bank, including 100 Australians considered \x93high risk,\x94 are now being investigated over possible tax evasion and money laundering. Related: Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains These reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking. \x93People can be investigated for all sorts of reasons [so it] doesn\x92t mean they did anything wrong,\x94 Schiff said in a fiery interview with 60 Minutes Australia. \x93I\x92m not allowed to discuss it.\x94 The investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific. Initiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year. Related: IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns The effort was established by the countries\x92 top tax officials, known as the \x93Joint Five,\x94 after it was discovered tax authorities were less than equipped to deal with the revelations arising from the \x93 Panama Papers \x94 scandal. According to The Age , the bank\x92s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers\x92 financial information at risk. He claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank. Story continues A huge 2016 leak of documents, the Panama Papers shed light on how some of the world\x92s wealthiest people and firms have been hiding money and evading tax in off-shore accounts. Schiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as \x93frauds,\x94 in a tweet on May 9. See also: The FinCEN Files Show Banks Don\x92t Actually Care About Stopping Money Laundering Related Stories Bitcoin Critic Peter Schiff\x92s Bank Under Spotlight in Global Tax Probe Bitcoin Critic Peter Schiff\x92s Bank Under Spotlight in Global Tax Probe', "Blockchain\xa0uses the concept of\xa0distributed ledger technology to validate and store transactions over a peer-to-peer network. All records in the network are encrypted, anonymous, and cannot be altered once entered. The technology is best known for its utility in enabling peer-to-peer financial transactions, having been first implemented in\xa0Bitcoin (BTC),\xa0but its use has since been explored in several sectors, including supply chain management, healthcare, identity verification, media, real estate, and energy. Blockchain could also have immediate potential applications in the electric vehicle\xa0sector. Roadblocks To EV Adoption Electric vehicles are plagued by the problem of poor range and the lack of a distributed charging infrastructure versus their fossil fuel competitors. Models from Tesla Inc (NASDAQ: TSLA ) are the only electric vehicles to surpass the 300-mile threshold, with the Model S Long Range reaching 402\xa0miles per charge, according to Cars.com . The\xa0Chevrolet Bolt EV and Hyundai Kona Electric are Tesla’s closest competitors in this area, lurking around the 260-mile range. State governments in the U.S. are supporting the development of charging infrastructures . In July, New York announced a $750-million budget, and Florida approved $8.6 million for building charging infrastructure.\xa0California approved $437 million in funding in August. Yet\xa0these investments are part of long-term goals to achieve zero carbon emissions. and provide little relief to automakers and EV enthusiasts in the short run. How Can Blockchain Help? A paper published by International Finance Corporation in 2018 noted that the EV sector was one of the five top applications for blockchain to aid in the renewable energy push. Blockchain's utility lies in enabling p2p transactions without the need for a centralized intermediary — in this case, EV makers and EV charging infrastructure providers. Story continues Some startups have devised a solution that could provide an immediate boost to EV adoption: the introduction of an alternative peer-to-peer electric vehicle charging. Using blockchain-based applications, private owners can share their personal charging platform with the public for a fee. A public blockchain would allow all related parties to mobilize and transact in a common netw Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $210,716,633,203 - Hash Rate: 124259120.51977606 - Transaction Count: 303929.0 - Unique Addresses: 679146.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Mathew J. D’Souza, crypto entrepreneur and CEO of Blockware Solutions, died on Aug. 21 after a seven-year fight with leukemia. He was 29. D’Souza’s firm, a major U.S.-based mining rig distributor, announced his death and said a memorial service would be held in Park Ridge, Ill., where the company is based, on Wednesday. Despite a short life, he was greatly accomplished. He graduated with a Bachelor of Science in Accountancy (with Honors) in 2012 and a Master of Accounting Science in 2013 from the University of Illinois at Urbana-Champaign. Before entering the crypto world, D’Souza worked with accounting firm KPMG. Related: Arctos Inks $1M Sale and Leaseback Deal With Bitcoin Miner Blockware In crypto, however, he quickly made his mark. In 2017 he co-founded two firms, Blockchain Opportunity Fund, LLC, a multi-million dollar cryptocurrency hedge fund, and Blockware Solutions, LLC, a leading service provider for the bitcoin mining Industry. While CEO, Blockware Solutions became one of the largest distributors of mining rigs to the U.S. market, according to the company. In 2019 he co-founded the bitcoin mining fund Blockware Mining, LLC and served as the company’s CEO. In addition he was a keen observer and advocate of the blockchain and crypto space and a frequent source of insight for reporters at CoinDesk. He was a featured speaker during the virtual Consensus: Distributed conference in May . D’Souza is survived by his parents and brothers. Blockware Solutions said those wishing to pay tribute to his memory could make donations to the Evans Scholars Foundation . Related: Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain A Celebration of Life will be held on Friday, Aug. 28, from 3 p.m. to 8 p.m. local time at Cooney Funeral Home located at 625 Busse Highway in Park Ridge, Ill. The Memorial Service will be held the next day at 10 a.m. at Mary, Seat of Wisdom Parish, 920 W. Granville, Park Ridge. 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: ['This is a correction of a previous press release with a trading date of October 20, 2020. The correct date is October 22, 2020.\nToronto, Oct. 19, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. ("3iQ") is pleased to announce that the Class A Units of The Bitcoin Fund will commence trading in Canadian dollars on the Toronto Stock Exchange on October 22, 2020 under the symbol “QBTC.” The Class A Units will trade under their existing CUSIP number. “Finally, Canadian investors have the opportunity to trade The Bitcoin Fund in their native currency and through their locally dominated accounts, thus eliminating the interminable costs and albeit hassle of converting currencies” says Fred Pye, President & CEO of 3iQ.\nThe Bitcoin Fund’s investment objectives are to provide holders of units with exposure to bitcoin and the opportunity for long-term capital appreciation. The Bitcoin Fund acquires assets from reputable and regulated bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. We believe an investment in bitcoin will provide investors with a low-correlated asset class, which will complement traditional investment strategies.\nAdditionally, 3iQ is excited to welcome Christopher Matta to the company as Managing Director of Sales and Trading, effective October 19th, 2020. Chris is the President and Founder of the Blockchain Association of New Jersey, which advocates for innovative regulatory leadership and enterprise collaboration for the cryptocurrency space. He is the former co-founder of Crescent Crypto, an asset management firm focused on creating innovative investment solutions to bring the cryptocurrency asset class to institutional and mainstream investors. Prior to Crescent, Chris was a Vice President at Goldman Sachs where he managed assets for the Goldman Sachs Philanthropy Fund and Trust Comp. Chris reveals that he is "excited to be joining 3iQ at this pivotal time as the company is rapidly expanding, launching new and innovative products that will make digital asset investing more secure and accessible through a regulated offering.”\nAbout 3iQ\nFounded in 2012, 3iQ is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. 3iQ was the first Canadian investment fund manager to agree to terms and conditions with the Canadian securities regulatory authorities to manage a public bitcoin investment fund and multi-cryptoasset fund for Canadian accredited investors. Access to these new technologies can be daunting, costly, and inconvenient. 3iQ has worked through a stringent regulatory process to offer investors convenient and familiar investment products to gain exposure to digital assets.\nDisclaimer\nTheBitcoin Fund (the “Fund”)isoffered pursuant to a prospectus, which should be read carefully before investing. The prospectus can be obtained fromhttps://3iq.ca/the-bitcoin-fund/. Information contained in the prospectus includes the investment objectives and potential strategies of the Fund and other factors which may cause the actual results, performance or achievements of the Fund, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are ongoing fees and expenses associated with owning units ofthe Fund. The Fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the final prospectus. The Fund is not guaranteed, its value change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange (TSX) and the Gibraltar Stock Exchange (GSX). If the units are purchased or sold on the TSX or GSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. The securities of the Fund have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. The prospectus of the Fund does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful. The Fund is generally exposed to risk factors. See the prospectus for a description of these risks: No Assurance in Achieving Investment Objectives, No Listing, Loss of Investment, Fluctuation in Value of Cryptoassets, Concentration Risk, Reliance on the Manager, Reliance on theCryptoassetConsultant, No Ownership Interest in theCryptoassetPortfolio, Changes in Legislation, Conflicts of Interest, Valuation of the Fund, Significant Redemptions, Limited Liquidity in the Units, Limited Operating History, Not a Fund Company, Exchange Rate Risk, Liquidity Constraints onCryptoassetMarkets may Impact the Fund’s Holdings, Tax Risk, Risks associated with Investing in Bitcoin, Risks Associated with the Bitcoin Network. Index (the “Index”) is the exclusive property of MV Index Solutions GmbH and has been licensed for use by 3iQ Corp. (the “Licensee”). MVIS has contracted withCryptoCompareData Limited to maintain and calculate the Index.CryptoCompareData Limited uses its best efforts to ensure that the Index is calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MV Index Solutions GmbH,CryptoCompareData Limited has no obligation to point out errors in the Index to third parties. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on The Bitcoin Fund, an investment trust governed under the laws of the Province of Ontario (the “Product”) or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS andVanEckmake no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS,VanEckand its affiliates make no warranties and bear no liability with respect to licensee. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.This press release is not for distribution in the United States newswire services or for dissemination in the United States.\nAttachment\n• BitcoinFundLogoBlue\nCONTACT: Fred Pye — President & CEO 3iQ Corp. +1 (416) 639-2130 [email protected]', 'This is a correction of a previous press release with a trading date of October 20, 2020. The correct date is October 22, 2020.\nToronto, Oct. 19, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. ("3iQ") is pleased to announce that the Class A Units of The Bitcoin Fund will commence trading in Canadian dollars on the Toronto Stock Exchange on October 22, 2020 under the symbol “QBTC.” The Class A Units will trade under their existing CUSIP number. “Finally, Canadian investors have the opportunity to trade The Bitcoin Fund in their native currency and through their locally dominated accounts, thus eliminating the interminable costs and albeit hassle of converting currencies” says Fred Pye, President & CEO of 3iQ.\nThe Bitcoin Fund’s investment objectives are to provide holders of units with exposure to bitcoin and the opportunity for long-term capital appreciation. The Bitcoin Fund acquires assets from reputable and regulated bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. We believe an investment in bitcoin will provide investors with a low-correlated asset class, which will complement traditional investment strategies.\nAdditionally, 3iQ is excited to welcome Christopher Matta to the company as Managing Director of Sales and Trading, effective October 19th, 2020. Chris is the President and Founder of the Blockchain Association of New Jersey, which advocates for innovative regulatory leadership and enterprise collaboration for the cryptocurrency space. He is the former co-founder of Crescent Crypto, an asset management firm focused on creating innovative investment solutions to bring the cryptocurrency asset class to institutional and mainstream investors. Prior to Crescent, Chris was a Vice President at Goldman Sachs where he managed assets for the Goldman Sachs Philanthropy Fund and Trust Comp. Chris reveals that he is "excited to be joining 3iQ at this pivotal time as the company is rapidly expanding, launching new and innovative products that will make digital asset investing more secure and accessible through a regulated offering.”\nAbout 3iQ\nFounded in 2012, 3iQ is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. 3iQ was the first Canadian investment fund manager to agree to terms and conditions with the Canadian securities regulatory authorities to manage a public bitcoin investment fund and multi-cryptoasset fund for Canadian accredited investors. Access to these new technologies can be daunting, costly, and inconvenient. 3iQ has worked through a stringent regulatory process to offer investors convenient and familiar investment products to gain exposure to digital assets.\nDisclaimer\nTheBitcoin Fund (the “Fund”)isoffered pursuant to a prospectus, which should be rea Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $210,716,633,203 - Hash Rate: 143146506.838782 - Transaction Count: 330563.0 - Unique Addresses: 713764.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / October 6, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH Market Summary Tuesday, October 06 2020 at 4:00 PM Digital Asset Pair Price 24hr Chg 7d Chg 24/hr Volume MarketCap Bitcoin BTC/USD $10,572.36 -$0.01 -$0.01 $68,208 M $195,689 M Ethereum ETH/USD $341.46 -$0.03 -$0.04 $13,330 M $38,549 M XRP XRP/USD $0.24 -$0.02 $0.02 $2,945 M $11,052 M Bitcoin Cash BCH/USD $222.07 $0.01 -$0.02 $1,677 M $4,117 M Litecoin LTC/USD $46.36 $0.01 $0.02 $3,007 M $3,042 M Bitcoin SV BSV/USD $161.00 -$0.01 -$0.05 $730 M $2,984 M EOS EOS/USD $2.70 $0.08 $0.04 $4,707 M $2,532 M Monero XMR/USD $108.45 $0.00 $0.13 $656 M $1,922 M Stellar XLM/USD $0.07 -$0.01 -$0.00 $160 M $1,506 M Dash DASH/USD $65.31 -$0.01 -$0.03 $364 M $637 M About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . Contact: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/609400/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH 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: ['Bitcoin, BTC to USD, rose by 1.43% on Tuesday. Following on from a 2.08% rally on Monday, Bitcoin ended the day at $11,925.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,696.0 before making a move.\nSteering clear of the first major support level at $11,507, Bitcoin rallied to a late afternoon intraday high $12,044.0.\nBitcoin broke through the first major resistance level at $11,918 to test resistance at $12,000 before easing back.\nThe pullback saw Bitcoin fall back to sub-$11,900 levels before breaking back through the first major resistance level.\nThe near-term bullish trend remained intact, supported by the latest move back through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Tuesday.\nCardano’s ADA (-5.66%), Chainlink (-9.50%), and Crypto.com Coin (-4.65%) lead the way down.\nBinance Coin (-3.61%), Bitcoin Cash ABC (-3.79%), Ethereum (-2.82%), Litecoin (-2.21%), and Polkadot (-3.30%) also saw relatively heavy losses.\nBitcoin Cash SV (-0.47%) and Ripple’s XRP (-0.85%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total rose to a Tuesday high $368.37bn before falling to a Tuesday low $347.77bn. At the time of writing, the total market cap stood at $360.38bn.\nBitcoin’s dominance rose from a Monday low 60.14% to a Tuesday high 62.21%. At the time of writing, Bitcoin’s dominance stood at 61.60%.\nAt the time of writing, Bitcoin was up by 0.52% to $11,987.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,910.0 before rising to a high $11,990.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV was down by 0.79% to buck the trend early on.\nIt was a bullish start for the rest of the majors.\nAt the time of writing, Bitcoin Cash ABC was up by 1.72% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,888 to bring the first major resistance level at $12,081 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,044.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $12,236.\nFailure to avoid a fall through the $11,888 pivot would bring the first major support level at $11,733 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,500 levels. The second major support level at $11,540 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Rise on Cold Weather Outlook\n• Oil Mixed As Traders Wait For U.S. Stimulus News\n• Crude Oil Price Forecast – Crude Oil Continue to Do Very Little\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bullish News Will Fuel Rally to 11920.25 – 11997.75\n• Monster Beverage Could Hit New Highs After Earnings', 'Bitcoin, BTC to USD, rose by 1.43% on Tuesday. Following on from a 2.08% rally on Monday, Bitcoin ended the day at $11,925.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,696.0 before making a move. Steering clear of the first major support level at $11,507, Bitcoin rallied to a late afternoon intraday high $12,044.0. Bitcoin broke through the first major resistance level at $11,918 to test resistance at $12,000 before easing back. The pullback saw Bitcoin fall back to sub-$11,900 levels before breaking back through the first major resistance level. The near-term bullish trend remained intact, supported by the latest move back through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-5.66%), Chainlink (-9.50%), and Crypto.com Coin (-4.65%) lead the way down. Binance Coin (-3.61%), Bitcoin Cash ABC (-3.79%), Ethereum (-2.82%), Litecoin (-2.21%), and Polkadot (-3.30%) also saw relatively heavy losses. Bitcoin Cash SV (-0.47%) and Ripple’s XRP (-0.85%) saw relatively modest losses on the day. At the start of the week, the crypto total rose to a Tuesday high $368.37bn before falling to a Tuesday low $347.77bn. At the time of writing, the total market cap stood at $360.38bn. Bitcoin’s dominance rose from a Monday low 60.14% to a Tuesday high 62.21%. At the time of writing, Bitcoin’s dominance stood at 61.60%. This Morning At the time of writing, Bitcoin was up by 0.52% to $11,987.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,910.0 before rising to a high $11,990.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was down by 0.79% to buck the trend early on. It was a bullish start for the rest of the majors. Story continues At the time of writing, Bitcoin Cash ABC was up by 1.72% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,888 to bring the first major resistance level at $12,081 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,044.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $12,236. Failure to avoid a fall through the $11,888 pivot would bring the first major support level at $11,733 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,500 levels. The second major support level at $11,540 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Rise on Cold Weather Outlook Oil Mixed As Traders Wait For U.S. Stimulus News Crude Oil Price Forecast – Crude Oil Continue to Do Very Little Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bullish News Will Fuel Rally to 11920.25 – 11997.75 Monster Beverage Could Hit New Highs After Earnings', "BitMEX, which has been charged by the U.S. government with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier than its original deadline of early February . Stronger identity verification requirements is an industry trend, said Ben Radclyffe, commercial director of the exchange\x92s parent company 100x Group, in an interview with CoinDesk. BitMEX\x92s decision to move the deadline from February 2021 to November 2020 follows this trend and internal plans the exchange has worked on for \x93over a year with a considerable amount of resources dedicated to this.\x94 In August, the famously freewheeling bitcoin derivatives exchange announced mandatory identity verification. Less than two months later, charges were filed against the exchange by the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC); after that, nearly 30% of its bitcoin balance was withdrawn by clients. Related: 'Garbage' Market Data Is Holding Bitcoin Back: MicroStrategy CEO Under the accelerated timeline, by 0:00 UTC on Nov. 5, all BitMEX traders and affiliates identities must be verified before increasing or opening new positions. By Dec. 4., all accounts must be verified in order to process withdrawals from the exchange. After Dec. 4, BitMEX will begin to review remaining open positions on unverified accounts and communicate the account holders, Radclyffe told CoinDesk. Funds will be recoverable and eligible for normal withdrawals post verification. \x93Well over 50% of BitMEX\x92s current trading volume comes from verified accounts,\x94 said Radclyffe, representing the trading activity of tens of thousands of accounts. \x93The industry\x92s KYC-free days are coming to a close,\x94 said 100x\x92s chief compliance officer, Malcolm Wright, referring to know-your-customer rules. Related: 'Only in Crypto': What the OKEx Mess Says About New and Old Finance Story continues BitMEX plans to use its accelerated identity verification program, along with other corporate initiatives and Wright\x92s experience as chair of an anti-money laundering working group at Global Digital Finance, to become an industry leader in identity verification initiatives, Wright said. Update (Oct. 21, 3:12 UTC): This article has been updated to clarify BitMEX\x92s planned actions after Dec 4. and Wright\x92s work at Global Digital Finance. Related Stories BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls", "BitMEX, which has been charged by the U.S. government with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier thanits original deadline of early February.\nStronger identity verification requirements is an industry trend, said Ben Radclyffe, commercial director of the exchange’s parent company 100x Group, in an interview with CoinDesk. BitMEX’s decision to move the deadline from February 2021 to November 2020 follows this trend and internal plans the exchange has worked on for “over a year with a considerable amount of resources dedicated to this.”\nIn August, the famously freewheeling bitcoin derivatives exchange announced mandatory identity verification. Less than two months later,charges were filed against the exchangeby 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: 2020-10-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $222,967,603,125 - Hash Rate: 129229485.3405671 - Transaction Count: 311292.0 - Unique Addresses: 687152.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Inovio Pharmaceuticals, Inc. ( INO ) shares plummeted 28.34% Monday after the biotech company announced that the U.S. Food and Drug Administration (FDA) had put its COVID-19 vaccine on hold until it answers further questions about its vaccine technology. The company previously told investors that it had intended to move to Phase 3 trials this month, in line with other developers searching for the elusive vaccine, but now must wait until the fourth quarter for the FDA’s findings before it can move forward. “The company is actively working to address the FDA’s questions and plans to respond in October,” Inovio said in a statement cited by the Wall Street Journal . Inovio’s vaccine, which aims to provide immunity to the virus by inserting genetic instructions into cells to get them to release a protein found on the coronavirus, insisted that the early-stage trial of its Covid vaccine showed promising signs without any significant complications. It said the FDA’s concerns were more in relation to the details about administering the shot in its upcoming trial. As of Sept. 29, 2020, Inovio stock has a market capitalization of $2.03 billion, and still trades 268% higher on the year, despite Monday’s selling rout. Additional Funding Required Unlike many of its rivals that have secured millions – and in some cases – billions of dollars from government grants and industry investment, Inovio has flagged it’ll require additional funding to complete its Phase 3 trial. The company, which had just $372 million at the end of the June quarter, recently reported that it had received less than $20 million in grants. Wall Street View Despite Inovio’s vaccine setback, Maxim Group’s Jason McCarthy upgraded the shares to ‘Buy’ from ‘Hold,’ arguing the FDA trial holdup will be short-lived. Consensus elsewhere on the Street remains mixed. The stock receives 2 ‘Buy’ ratings, 5 ‘Hold’ ratings, and 1 ‘Sell’ rating. Twelve-month price targets range from as high as $36 to as low as $8, with an average target of $15.29. This represents a 26% premium from yesterday’s close of $12.14. Story continues Technical Outlook and Trading Tactics News of the delayed late-stage vaccine trial pushed Inovio shares down toward the $9.50 level, where they find a confluence of support from the 200-day simple moving average (SMA) and a multi-month horizontal trendline stretching back to late March. Active traders who buy the retracement to this high probability entry area should consider placing a stop-loss order beneath the September swing low at $8.78 and targeting a move back up to overhead resistance around $32. Manage risk by moving the stop to break even if the price climbs above this month’s high at $18.69. This article was originally posted on FX Empire More From FXEMPIRE: Weekly Recap: Bitcoin and Ethereum Go Into the Red EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695 Natural Gas Price Fundamental Daily Forecast – Dec Futures Contract Could Attract Buyers at $3.197 to $3.187 E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 27729 – 28040 is Next Upside Target Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Momentum Traders Targeting 11550.75 – 11761.75... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Institutional users of cryptocurrency exchange giant OKEx can now get their holdings out, though it will cost them to do so. The exchange, which made withdrawals unavailable last week after Chinese police launched a probe linked to the firm, began letting users within OKEx trade with each other on Wednesday. Read more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx Hours later, blockchain developer Zulu Republic -- along with liquidity provider Alameda Research and crypto trading community Whalepool -- created a way for institutional investors to sell their OKEx deposits for a token representing Bitcoin or Tether on the Ethereum blockchain. A user gets one token for every OKEx Bitcoin deposited into the venture’s OKEx account. The token currently trades for about 93 cents on the dollar on the Uniswap exchange. “My guess is if they were expecting withdrawals to resume tomorrow, they’d tell us,” said Sam Bankman-Fried, Alameda’s chief executive officer, adding that he believes no funds have been moved or stolen. “There’s not been a lot of guidance on what to expect. I think sentiment is weeks to months when withdrawals will open up.” Within the first hour of the token’s availability, five institutional investors reached out to the venture, which charges a 1% fee on the swap plus a fee for a regulatory check, Zulu CEO Daniele Sestagalli said in an interview. Users wishing to swap back to their OKEx accounts -- if the exchange unfreezes withdrawals, for instance -- have to pay a 1% fee as well. The minimum order amount is 100 Bitcoin, he said. Bitcoin is currently trading around $13,000. Traders need to visit Isaidno.ooo to join the waiting list for withdrawal approval. OKEx halted withdrawals last week after Chinese police launched an investigation linked to it. OKG Technology Holdings Ltd. -- whose controlling shareholder, Xu Mingxing, is also the founder of OKEx -- said in a Hong Kong stock exchange filing Oct. 18 it has been informed Xu is under investigation by public security authorities in China. OKG said it hasn’t reached Xu to confirm he is being investigated and the group wasn’t subject to any government probe in China to the best of the board’s knowledge. Story continues In an earlier statement, OKEx said an unidentified staffer responsible for users’ private keys -- accounts where coins are stored -- has been “out of touch” while cooperating with a police investigation, the Malta-based exchange said in an Oct. 16 release. The exchange emphasized that everyone’s deposits are safe. OKEx didn’t immediately respond to a request for comment. In a tweet, Bankman-Fried cautioned about the venture: “Use at your own risk.” For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- Institutional users of cryptocurrency exchange giant OKEx can now get their holdings out, though it will cost them to do so.\nThe exchange, which made withdrawals unavailable last week after Chinese police launched a probe linked to the firm, began letting users within OKEx trade with each other on Wednesday.\nRead more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx\nHours later, blockchain developer Zulu Republic -- along with liquidity provider Alameda Research and crypto trading community Whalepool -- created a way for institutional investors to sell their OKEx deposits for a token representing Bitcoin or Tether on the Ethereum blockchain. A user gets one token for every OKEx Bitcoin deposited into the venture’s OKEx account. The token currently trades for about 93 cents on the dollar on the Uniswap exchange.\n“My guess is if they were expecting withdrawals to resume tomorrow, they’d tell us,” said Sam Bankman-Fried, Alameda’s chief executive officer, adding that he believes no funds have been moved or stolen. “There’s not been a lot of guidance on what to expect. I think sentiment is weeks to months when withdrawals will open up.”\nWithin the first hour of the token’s availability, five institutional investors reached out to the venture, which charges a 1% fee on the swap plus a fee for a regulatory check, Zulu CEO Daniele Sestagalli said in an interview. Users wishing to swap back to their OKEx accounts -- if the exchange unfreezes withdrawals, for instance -- have to pay a 1% fee as well. The minimum order amount is 100 Bitcoin, he said. Bitcoin is currently trading around $13,000.\nTraders need to visit Isaidno.ooo to join the waiting list for withdrawal approval.\nOKEx halted withdrawals last week after Chinese police launched an investigation linked to it.\nOKG Technology Holdings Ltd. -- whose controlling shareholder, Xu Mingxing, is also the founder of OKEx -- said in a Hong Kong stock exchange filing Oct. 18 it has been informed Xu is under investigation by public security authorities in China. OKG said it hasn’t reached Xu to confirm he is being investigated and the group wasn’t subject to any government probe in China to the best of the board’s knowledge.\nIn an earlier statement, OKEx said an unidentified staffer responsible for users’ private keys -- accounts where coins are stored -- has been “out of touch” while cooperating with a police investigation, the Malta-based exchange said in an Oct. 16 release. The exchange emphasized that everyone’s deposits are safe.\nOKEx didn’t immediately respond to a request for comment.\nIn a tweet, Bankman-Fried cautioned about the venture: “Use at your own risk.”\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', 'Cybersecurity company McAfee Corp , on Wednesday, announced it is\xa0pricing 37 million class A common stock shares in its initial public offering at $20 per share. What Happened :\xa0McAfee\x92s stock will begin its trading debut on the Nasdaq Stock\xa0Market under the symbol "MCFE" on Thursday, and the IPO offer will be open till Oct. 26. The public offering, which stands to generate\xa0$740 million in proceeds,\xa0values the company at $8.6 billion, Bloomberg reports. McAfee is offering 30.98 million shares in the IPO, with the rest 6 million coming from existing shareholders. A week ago, McAfee disclosed it expected to price its IPO in the range of $19 to $22 per share. Why Does It Matter : Based on the data from Refinitiv,\xa0The Financial Times reports that IPOs have raised close to $58.4 billion in the U.S. this year. Some of the recent tech IPO include cloud software company Snowflake Inc (NYSE: SNOW ), DevOps solutions provider JFrog Ltd (NASDAQ: FROG ), data analytics startup Sumo Logic Inc (NASDAQ: SUMO ), and video game software developer Unity Software Inc (NYSE: U ). After being acquired by Intel Corporation (NASDAQ: INTC ) in 2010, McAfee was spun off in 2016 when private equity firm TPG Capital purchased a 51% stake in the cybersecurity company. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Microsoft Directs Sales Team To Promote Dynamic 365 Products Bitcoin Crosses Crucial K Mark Amidst Low Funding Rates © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Cybersecurity companyMcAfee Corp, on Wednesday, announced it is\xa0pricing 37 million class A common stock shares in its initial public offering at $20 per share.\nWhat Happened:\xa0McAfee’s stock will begin its trading debut on the Nasdaq Stock\xa0Market under the symbol "MCFE" on Thursday, and the IPO offer will be open till Oct. 26.\nThe public offering, which stands to generate\xa0$740 million in proceeds,\xa0values the company at $8.6 billion,Bloombergreports. McAfee is offering 30.98 million shares in the IPO, with the rest 6 million coming from existing shareholders.\nA week ago, McAfeedisclosedit expected to price its IPO in the range of $19 to $22 per share.\nWhy Does It Matter: Based on the data from Refinitiv,\xa0The Financial Times reports that IPOs have raised close to $58.4 billion in the U.S. this year. Some of the recent tech IPO include cloud software companySnowflake Inc(NYSE:SNOW), DevOps solutions providerJFrog Ltd(NASDAQ:FROG), data analytics startupSumo Logic Inc(NASDAQ:SUMO), and video game software developerUnity Software Inc(NYSE:U).\nAfter being acquired byIntel Corporation(NASDAQ:INTC) in 2010, McAfee was spun off in 2016 when private equity firmTPG Capitalpurchased a 51% stake in the cybersecurity company.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Microsoft Directs Sales Team To Promote Dynamic 365 Products\n• Bitcoin Crosses Crucial K Mark Amidst Low Funding Rates\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'GBP/USD Video 22.10.20. Traders Remain Focused On Brexit And U.S. Stimulus Talks GBP/USD is trying to continue its upside move while the U.S. dollar is gaining ground against a broad basket of currencies. Yesterday, GBP/USD rallied on hopes for a Brexit deal. Traders believe that EU and UK will intensify their negotiations and reach a compromise deal in the upcoming weeks. Meanwhile, the U.S. Dollar Index remained volatile as traders evaluated the chances of a new U.S. stimulus deal. The U.S. Dollar Index tested the support level at 92.50 but rebounded closer to the nearest resistance at 92.80 after U.S. President Donald Trump accused Democrats of not willing to compromise. In addition to U.S. stimulus talks and Brexit chatter, traders will focus on U.S. employment reports. U.S. Initial Jobless Claims are expected to decline from 898,000 to 860,000 while Continuing Jobless Claims are projected to decrease from 10.02 million to 9.5 million. Recent reports indicated that U.S. job market recovery has stalled, and it remains to be seen whether Initial Jobless Claims will stay Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $222,967,603,125 - Hash Rate: 136187996.08967456 - Transaction Count: 339087.0 - Unique Addresses: 753892.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks. Tron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain. Story continues ZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives. A partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally. Media Details – Company: ZelaaPayAE Website: https://zelaapay.ae/ Email: [email protected] Attachment ZelaaPayAE... - Reddit Posts (Sample): [['u/TheAlmightyRedditor', 'Bitcoin 13k', 785, '2020-10-22 00:17', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/', 'Let’s go boys, have a feeling that the 2017 bull run is going to look like child’s play due to the uncertain global situation, PayPals big news, and recent halving. Be on the lookout for other payment processors adopting similar strats as the market leader (PayPal) leads the way. All panning out to explode bitcoin. I actually went to the fucking zoo today, only saw bears, let’s keep them in those cages. #bullsontheloose', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/', 'jfn0k2', [['u/TheAlmightyRedditor', 19, '2020-10-22 00:28', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l8kvl/', 'Circlejerking is fun tho', 'jfn0k2'], ['u/Snowman33001', 17, '2020-10-22 00:31', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l8xw2/', 'Exciting/terrifying times', 'jfn0k2'], ['u/JohnBravere', 18, '2020-10-22 00:33', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l92y0/', 'I think the runs were 40x and 30x, respectively. Please correct me if im wrong. Im predicting 20x-25x for this one.', 'jfn0k2'], ['u/ZeitgeistGuy', 17, '2020-10-22 00:33', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l96aa/', "It's possible... institutional FOMO 2020 vs individual FOMO 2017", 'jfn0k2'], ['u/shreveportfixit', 32, '2020-10-22 00:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lablc/', "Combine that with the Fed's helicopter money strategy... 22% of all US dollars in existence were created this year. Keep calm and hodl on.", 'jfn0k2'], ['u/ROPEgangBaBY', 22, '2020-10-22 00:46', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lajnl/', 'you killed me. hahahah', 'jfn0k2'], ['u/xBinKz', 44, '2020-10-22 00:46', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lajyz/', 'Going into r/buttcoin gives you some comedic fun. Especially when we’re mooning.', 'jfn0k2'], ['u/lazarus_free', 11, '2020-10-22 00:57', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbozv/', 'I smell moon', 'jfn0k2'], ['u/Turil', 14, '2020-10-22 00:58', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbt1o/', '>I actually went to the fucking zoo today, only saw bears, let’s keep them in those cages.\n\nFree the bears! Bears belong in the wild. Not in finance games. Or zoos.', 'jfn0k2'], ['u/ChalmondleyWarner', 10, '2020-10-22 00:59', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbw0v/', "It's usually 20x the previous ATH. So that means top of next bubble would be around $400k.", 'jfn0k2'], ['u/Turil', 49, '2020-10-22 01:00', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lc0ty/', "My goal is to buy a cheap farm to serve as a community center.\n\nI'll keep a bit of Bitcoin, of course, but the farm is a priority. As soon as I can buy a farm with Bitcoin (directly), that's what I'll do.", 'jfn0k2'], ['u/Novice89', 13, '2020-10-22 01:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lcc42/', 'I know I’m so sad. Waiting for a deposit to hit my account for over a week now so I could buy more bitcoin. Found out itll be a few more days, by then bitcoin will be 2-4K higher than when I hoped to buy 😭\n\nOh well, still going to buy', 'jfn0k2'], ['u/SkankHuntForty22', 14, '2020-10-22 01:09', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lcyff/', "13k are rookie numbers, it's gonna go much much higher than that.", 'jfn0k2'], ['u/1nv1s1blek1d', 11, '2020-10-22 01:10', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ld37g/', 'People are cashing out.', 'jfn0k2'], ['u/jleonardbc', 354, '2020-10-22 01:16', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ldql6/', 'When NASA says they\'re going to have an exciting announcement on Monday about "the moon," they mean it in terms of Bitcoin.', 'jfn0k2'], ['u/CryptoRegio', 25, '2020-10-22 01:19', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9le2fv/', "Weak hands\n\nThey don't deserve to put their hands on a lambo just like us hodlers", 'jfn0k2'], ['u/TheAlmightyRedditor', 11, '2020-10-22 01:24', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9leko0/', 'Yeah fuck ya then throw it in spy', 'jfn0k2'], ['u/squashbelly', 11, '2020-10-22 01:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lgnes/', 'Whenever there is a run like this I actually get a little sick to my stomach.', 'jfn0k2'], ['u/Snowman33001', 10, '2020-10-22 02:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ljlpf/', 'I didn’t feel that this time but I know the feeling you’re talking about.', 'jfn0k2'], ['u/Fosforus', 158, '2020-10-22 02:29', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9llbwy/', "If bitcoin is at $1 million, there really won't be a reason to cash out. It will be accepted everywhere at that point.", 'jfn0k2'], ['u/LunarPursuits', 61, '2020-10-22 02:34', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9llw2f/', 'were gonna moon so hard.', 'jfn0k2'], ['u/LongLiveDetroit', 23, '2020-10-22 02:55', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lo3pe/', "Bruh I haven't accumulated enough r u srs", 'jfn0k2'], ['u/widowmakingasandwich', 13, '2020-10-22 03:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lox6e/', 'Personally this is beyond me. I plan to hold and die with it leaving it to my daughter.', 'jfn0k2'], ['u/bittabet', 48, '2020-10-22 03:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lpvzy/', 'If Bitcoin hit $1 million then the big holders would be absurdly wealthy, like Jeff Bezos wealthy lol', 'jfn0k2'], ['u/timmy12688', 26, '2020-10-22 03:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lpxs1/', 'I’m buying a farm on the Moon. And it’s gonna have blackjack and Moon hookers!', 'jfn0k2'], ['u/mmacisso', 17, '2020-10-22 03:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lt7ji/', 'How would you even logistically “cash” out if BTC hit that kind of value - it would be some financial collapse of the dollar where very few hoard BTC, no one will exchange a valuable asset like real estate for a crypto in those circumstances', 'jfn0k2'], ['u/scottmsul', 20, '2020-10-22 03:48', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ltjn3/', "Owning bitcoin is the cashing out. That's the point.", 'jfn0k2'], ['u/Gyxxer07', 11, '2020-10-22 04:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lv5mj/', '2 million are u high? That 4x the market cap of gold. Be lucky if it gets to 1million after the next 3 halvings.', 'jfn0k2'], ['u/TheAlmightyRedditor', 10, '2020-10-22 04:08', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lvo6l/', 'Bro do you believe tho', 'jfn0k2'], ['u/[deleted]', 10, '2020-10-22 04:10', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lvv3f/', "Well, at that point the default coin denomination would likely be the satoshi versus the microbitcoin or milibitcoin, seeing how a satoshi would be worth like 1 or 10 dollars\n\nEdit: my bad, it's apparently 1 cent, no complaints here :)", 'jfn0k2'], ['u/mixologyst', 10, '2020-10-22 04:30', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lxwke/', '2017, November and December. $3500 to $20000. Wake me up when we break $28000.', 'jfn0k2'], ['u/mightyduck19', 13, '2020-10-22 04:34', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ly9m0/', "It's honestly crazy. I came for the speculation and stayed for the fundamentals. I honestly didn't give a shit about the BTC narrative up until we went apeshit with the monetary policy. Now the narrative is so aligned it's almost comical.", 'jfn0k2'], ['u/Moomjean', 11, '2020-10-22 05:00', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m0rbl/', 'At a million dollars per btc a satoshi would be a penny each.', 'jfn0k2'], ['u/Deez1putz', 16, '2020-10-22 05:36', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m44gl/', 'I’m highly concerned that while the comment count is low at r/buttcoin, the memes are currently a degree of magnitude better than here. There is a real meme deficit these days.', 'jfn0k2'], ['u/Speedmetal666', 20, '2020-10-22 05:42', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m4nic/', "Should'a, could'a, woulda's will be coming out the woodwork again", 'jfn0k2'], ['u/xtal_00', 19, '2020-10-22 06:24', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m89wg/', "Real estate generates income.\n\nBitcoin will stabilize eventually at a reasonable deflation that other assets will beat.\n\nWe're a long way from that. It may happen at $1m, it might happen at $100m.\n\nA lot of what we take for granted is going to change in the next few years.\n\nDuplexes beat lambos.", 'jfn0k2'], ['u/must_improve', 12, '2020-10-22 07:58', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9mf6i2/', "Dude that's crazy.", 'jfn0k2'], ['u/liquigate', 15, '2020-10-22 09:14', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9mk0g8/', 'Not really... If you earned $10,000 every day, 365 days a year from when they were building the pyramids in Ancient Egypt, until today - you would have 8.66% of Jeff Bezos wealth...\n\nEgypt \n2630 BC + 2020 AD= 4650 years \n4650 years x 365 days = 1.697.250 days \n1.697.250 days x 10.000$ = 16,972,500,000$ \n\nBezos Valuation=196,000,000,000$ \n\n\n \nYou will need to have LOADS of Bitcoin to arrive even at 10% of Bezos net worth... \n\n\nAnd yes I agree, if Bitcoin reaches 1Million, why sell? It will be a proof that "it made it".', 'jfn0k2']]], ['u/no-ok-maybe', 'Well.. 13k... alright then!', 27, '2020-10-22 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/jfno4p... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours.\n• Grayscale CEO Barry Silbert madethe announcementvia tweet late Thursday evening, shortly after his company postedan updateto its digital asset portfolio.\n• “Added a cool $300 million in assets under management in one day,” Silbert said. The additional sum brings the total held under management to $7.3 billion.\n• The move comes at a time when the hype surroundingPayPal's forayinto the crypto markets has drawn additional attention from big-name investors includingPaul Tudor Jones II.\n• Last week the digital asset manager announced itsbest quarterly results to date, having brought in just over $1 billion in investment across all of its cryptocurrency products.\n• Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group, of which Silbert is a founder.\nSee also:Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day", "Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours. Grayscale CEO Barry Silbert made the announcement via tweet late Thursday evening, shortly after his company posted an update to its digital asset portfolio. \x93Added a cool $300 million in assets under management in one day,\x94 Silbert said. The additional sum brings the total held under management to $7.3 billion. The move comes at a time when the hype surrounding PayPal's foray into the crypto markets has drawn additional attention from big-name investors including Paul Tudor Jones II . Last week the digital asset manager announced its best quarterly results to date , having brought in just over $1 billion in investment across all of its cryptocurrency products. Grayscale is owned by CoinDesk\x92s parent firm, Digital Currency Group, of which Silbert is a founder. See also: Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months Related Stories Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day", "PayPal Holdings Inc (NASDAQ: PYPL ) is in talks with digital asset custodian BitGo for an acquisition deal, according to Bloomberg . What Happened : A deal could be reached within weeks but discussions\xa0are\xa0still in the early stages, people familiar with the matter told Bloomberg.\xa0PayPal might consider other potential targets if the negotiations fall apart. BitGo, a California-based digital assets custodian, offers multi-signature wallet services.\xa0Multiple signatures generated from unique private keys are needed for routing transactions through such wallets. The terms of the deal are unknown. BitGo was last valued at $170 million in a 2018 funding round, according to Pitchbook data reported by Bloomberg. Why Does It Matter : Earlier this week, PayPal announced it is adding digital assets like Bitcoin, Bitcoin Cash, Ether, and Litecoin to its online payments platform — allowing users to buy, sell, and hold cryptocurrencies. PayPal plans to streamline cryptocurrencies as a funding source at its merchant partners sometime in 2021. Presently,\xa0the online payments solution provider only allows the self-custody of cryptocurrencies and does not permit users to transfer them to other PayPal accounts. PayPal’s new launch drew mixed reactions from the blockchain and digital assets community. Price Action : PayPal shares closed 4.29% lower at $203.93 on Thursday, and inched slightly higher in the after-hours session. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Key Highlights from Unilever's Q3 Earnings Amazon Invests 0M To Fuel Mexico Expansion © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "PayPal Holdings Inc(NASDAQ:PYPL) is in talks with digital asset custodian BitGo for an acquisition deal, according toBloomberg.\nWhat Happened: A deal could be reached within weeks but discussions\xa0are\xa0still in the early stages, people familiar with the matter told Bloomberg.\xa0PayPal might consider other potential targets if the negotiations fall apart.\nBitGo, a California-based digital assets custodian, offers multi-signature wallet services.\xa0Multiple signatures generated from unique private keys are needed for routing transactions through such wallets.\nThe terms of the deal are unknown. BitGo was last valued at $170 million in a 2018 funding round, according to Pitchbook data reported by Bloomberg.\nWhy Does It Matter: Earlier this week, PayPal announcedit is addingdigital assets like Bitcoin, Bitcoin Cash, Ether, and Litecoin to its online payments platform — allowing users to buy, sell, and hold cryptocurrencies.\nPayPal plans to streamline cryptocurrencies as a funding source at its merchant partners sometime in 2021. Presently,\xa0the online payments solution provider only allows the self-custody of cryptocurrencies and does not permit users to transfer them to other PayPal accounts.\nPayPal’s new launch drew mixed reactions from the blockchain and digital assets community.\nPrice Action: PayPal shares closed 4.29% lower at $203.93 on Thursday, and inched slightly higher in the after-hours session.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Key Highlights from Unilever's Q3 Earnings\n• Amazon Invests 0M To Fuel Mexico Expansion\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.\nPayPal is planning to launch its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. The move by the online payments company marked a significant milestone on the path to mainstream adoption of cryptocurrencies such as bitcoin. The reception by bitcoin investors was mostly positive as prices rose 5% on the news.\nThe efficiency, speed and resilience of cryptocurrencies give people financial inclusion and access advantages, said PayPal President and CEO Dan Schulman, who described the eventual shift from physical to digital currencies as ‘inevitable.’\nOur global reach, digital payments expertise, two-sided network, and rigorous security and compliance controls provide us with the opportunity, and the responsibility, to help facilitate the understanding, redemption and interoperability of these new instruments of exchange,” Schulman said in a statement.\nCointelegraph.com wrote, “While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefit beyond the immediate price movement.”\nAccording to an October 21 blog post from Satoshi Labs, the team behind the crypto hardware wallet Trezor, PayPal’s push to start selling Bitcoin (BTC), is ‘probably not because they want to spur healthy adoption.” Their arguments are similar to ones made by many crypto holders against storing digital assets on exchanges, i.e. “not your keys, not your coins.”\n“If millions of newcomers are on boarded to Bitcoin by PayPal, there could be a very serious information gap that jeopardizes their experience and undermines key principles of cryptocurrency,” stated the blog post by SatoshiLabs. “No one should consider money held entirely by a third party as owned by them. Time after time, exchanges have lost user funds, often leaving them with no recourse.”\n“Long-term, if PayPal proceeds without consulting the community and letting their users control their own keys, it offers no value to the space. The greatest risk is that the clout they carry in traditional electronic payments will be interpreted as expertise in crypto. This would threaten the expert advice so carefully crafted by our community, which could be drowned out by the misinformed masses that PayPal brings to the space.”\nThe news may be good for PayPal shareholders because jumping into the cryptocurrency business will open up another income stream, which should lead to greater profits. However, buyers of Bitcoin who place their holdings on the PayPal platform have to be aware of the risks of exchange-held coins. Once again, it becomes a case of buyer-beware.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• US Economy’s Rocky Recovery Needs Fiscal Stimulus Jolt\n• Price of Gold Fundamental Daily Forecast – Traders Continue to Pin Hopes on Stimulus Deal Before Election\n• U.S Politics, Private Sector PMIs, and COVID-19 to Keep the Markets Busy\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 23rd, 2020\n• The Crypto Daily – Movers and Shakers – October 23rd, 2020\n• European Equities: Private Sector PMIs, COVID-19, and U.S Politics in Focus', 'Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.\nPayPal is planning to launch its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. The move by the online payments company marked a significant milestone on the path to mainstream Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $239,148,971,606 - Hash Rate: 130223558.30472532 - Transaction Count: 323869.0 - Unique Addresses: 712518.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / September 11, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . Contact: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/605814/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): [['u/im-just-your-bae', 'Is it a good investment if I don’t have enough buy 1 BTC?', 11, '2020-10-23 00:14', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/', 'Hello,\n\nWould i see good returns on a 2k USD investment or (20% of a BTC) or is that simply too little of an investment to even think of and maybe putting it into ETH would make more sense? \n\nI am a young investor and fairly new to crypto, please don’t shit on me', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/', 'jg9xsq', [['u/strangedude59', 39, '2020-10-23 00:34', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/g9p62lp/', "Look. A 10% increase on any investment is a 10% increase. It doesn't matter if you invest 20 cents or $20,000. You only want to buy things you think will increase in value. If you think Bitcoin will increase in value, invest in it.", 'jg9xsq'], ['u/Raverrevolution', 11, '2020-10-23 00:36', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/g9p6aad/', "Let me put some perspective in it for you.\n\nIn 2009 Bitcoin was worth $0, if you had bought 100 Bitcoin for $1 each you would have $1,315,000 now.\n\nThis is world changing technology. This isn't some company stock. For Bitcoin to fail and die is nearly impossible right now. On top of it you're here before 90%+ of the general public.\n\nBitcoin will most likely end up becoming the global reserve currency at some point. So this investment is more of a long term thing. 2k in it now is more than enough, but don't expect it to moon tomorrow.", 'jg9xsq']]], ['u/TR5_', 'Ethereum is on track to have a higher annual transaction volume than Bitcoin for the first time.', 156, '2020-10-23 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/', "2020 will be the first year Ethereum will have more transactions than Bitcoin.\nThe huge development of DeFi in the Crypto space is undoubtedly a huge factor contributing to this.\n\nhttps://ibb.co/BjTvTKp\n\nCould we see Ethereum overtake Bitcoin as the 'top' crypto in the future?", 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/', 'jgbcvv', [['u/[deleted]', 18, '2020-10-23 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9pf748/', 'I believe Ethereum will definitely dethrone BTC one day.', 'jgbcvv'], ['u/cryptolicious501', 38, '2020-10-23 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9pm3te/', 'Wait till EIP 1559 is implemented making it more deflationary that BTC...\n\nThe flippening is real.', 'jgbcvv'], ['u/GreyTooFast', 12, '2020-10-23 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9po2lp/', 'As long as the network doesnt get too congested and they can actually release 2.0, then the flippening will occur.', 'jgbcvv'], ['u/Ruzhyo04', 27, '2020-10-23 07:23', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9qd6ke/', 'Imagine not being able to make any kind of real changes at all.', 'jgbcvv'], ['u/da_dreamerr', 12, '2020-10-23 10:23', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9qo5tx/', "Ethereum always bring bulls back, in 2017 also those ico's on ethereum platform brought bulls now Defi on ethereum network is doing same", 'jgbcvv']]], ['u/keto-guy03', 'Avoid the Paypal trap!', 272, '2020-10-23 02:44', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/', 'On paypal, you are not buying bitcoin, you are simply buying a promise. It only exists as an entry on an excel spreadsheet, with no guarantee it is backed by actual bitcoin. The point of bitcoin is to be able to hold your own money, and exert financial sovereignety. If you wish to truly own bitcoin, buy them from an exchange (coinbase, kraken, bitstamp, for example), and keep them there until you learn how to store them in an offline wallet (such as a hardware wallet or a paper wallet). \n \nTrust me, you will not regret this after a few years. History is in the making, and you can secure your future by taking back control of what is rightfully yours. \n \nYours truly, \nA random bitcoiner.', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/', 'jgcj9q', [['u/ApplesAreTheNewPears', 45, '2020-10-23 04:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9pynfn/', 'For the most of society that still thinks running an .exe file sent from a sketchy email is acceptable, PayPal offers exactly what they want. They get the ups and downs of Bitcoin without the risk of being hacked. PayPal has reliable fraud and hack protection, which most exchanges don’t. PayPal logins are much easier to use than crypto wallets, and you don’t need to verify that the updates are legit (as recently happened with Electrum). So for the masses, PayPal is just fine.', 'jgcj9q'], ['u/TKozzer', 12, '2020-10-23 04:50', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9pz0ar/', "I'm trying to get my parents interested in crypto and they aren't very tech savvy. Paypal is perfect for them and millions of others who are similar to my parents.", 'jgcj9q'], ['u/drm604', 11, '2020-10-23 13:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9qzzbl/', "Can you imagine PayPal's customer service nightmare if they allowed transferring BTC? They're catering to the masses, most of whom will be clueless concerning wallets and keys, etc.\n\nThey'd be constantly handling calls from frantic clueless people who accidentally moved their BTC to a nonexistent wallet. How do they explain that the money is gone into the void forever? You and I understand. The typical PayPal user would be calling their lawyers.", 'jgcj9q']]], ['u/Panda_Procrastinator', "Consider advocating for Cash App (especially if you're a bitcoin maximalist)", 67, '2020-10-23 04:38', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/', "The reasoning is this:\n\n1. Jack Dorsey, the owner of cash app is a bitcoin maximalist, and I genuinely believe that he acts with bitcoin's best interests at heart.\n2. Cash app only allows for buying and selling of bitcoin (and not altcoins)\n\nThe problem with other exchanges is that they don't act with bitcoin's best interest at heart. They allow altcoins to pay to be put on their exchanges, even low quality ones. This siphon funds from bitcoin and when they are exposed as scams and crashed, smears Bitcoin's reputation.\n\nSo why help these exchanges that don't act with our best interests at heart? We are providing them with fees and perhaps more importantly, liquidity, which is key to many large investors when choosing an exchange.\n\nConsider advocate for cash app if you're bitcoin maximalist!", 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/', 'jgee86', [['u/AmazingSuperPupils', 29, '2020-10-23 05:52', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9q5qeu/', "I don't give a fuck about twitter or how much bitcoiners love to bitch about its censorship, cashapp is an app my friends and family already have on their phone and getting them to talk about bitcoin is so much easier now. \n\nLet these turds complain in the comments. Whatever. The future is happening regardless.", 'jgee86'], ['u/uniaintshit', 11, '2020-10-23 06:57', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9qbbe1/', 'This is the reason I invested in Square Capital, indirect investment in Bitcoin and adoption to complement my direct investment in BTC', 'jgee86'], ['u/nerviosus', 12, '2020-10-23 10:05', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9qn6di/', 'But cash app is only available for the US right?', 'jgee86']]], ['u/AutoModerator', '[Daily Discussion] Friday, October 23, 2020', 47, '2020-10-23 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/', 'jgfrn0', [['u/artistmattem', 12, '2020-10-23 06:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/g9q7z77/', 'Consolidation ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.40% on Friday. Partially reversing a 1.38% gain from Thursday, Bitcoin ended the day at $12,930.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $13,032.0 before hitting reverse. Falling short of the first major resistance level at $13,214, Bitcoin fell to a late afternoon intraday low $12,738.0. Finding support at the first major support level at $12,736, Bitcoin revisited $12,970 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC (+0.75%), Chainlink (+1.63%), Crypto.com Coin (+0.82%), Litecoin (+1.87%), and Polkadot (+0.12%) found support, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors. Bitcoin Cash SV (-2.19%) and Cardano’s ADA (-2.31%) led the way down. Ethereum (-1.23%) and Ripple’s XRP (-0.92%) saw relatively modest losses on the day. In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $387.31bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.82%. This Morning At the time of writing, Bitcoin was down by 0.11% to $12,921.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,933.0 before falling to a low $12,882.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day for the broader market. Crypto.com Coin (+2.23%), and Polkadot (+0.13%) found support to buck the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.03% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $12,900 to bring the first major resistance level at $13,062 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $13,032.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,200 before any pullback. The second major resistance level sits at $13,194. Failure to avoid a fall back through the $12,900 pivot would bring the first major support level at $12,768 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$12,700 levels. The second major support level sits at $12,606. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 23/10/20 Crude Oil Weekly Price Forecast – Crude Oil Continues Range Bound E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020 USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Natural Gas Price Forecast – Continues Explosive Move Higher', 'Bitcoin, BTC to USD, fell by 0.40% on Friday. Partially reversing a 1.38% gain from Thursday, Bitcoin ended the day at $12,930.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $13,032.0 before hitting reverse. Falling short of the first major resistance level at $13,214, Bitcoin fell to a late afternoon intraday low $12,738.0. Finding support at the first major support level at $12,736, Bitcoin revisited $12,970 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC (+0.75%), Chainlink (+1.63%), Crypto.com Coin (+0.82%), Litecoin (+1.87%), and Polkadot (+0.12%) found support, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors. Bitcoin Cash SV (-2.19%) and Cardano’s ADA (-2.31%) led the way down. Ethereum (-1.23%) and Ripple’s XRP (-0.92%) saw relatively modest losses on the day. In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $387.31bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.82%. This Morning At the time of writing, Bitcoin was down by 0.11% to $12,921.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,933.0 before falling to a low $12,882.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day for the broader market. Crypto.com Coin (+2.23%), and Polkadot (+0.13%) found support to buck the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.03% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $12,900 to bring the first major resistance level at $13,062 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $13,032.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,200 before any pullback. The second major resistance level sits at $13,194. Failure to avoid a fall back through the $12,900 pivot would bring the first major support level at $12,768 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$12,700 levels. The second major support level sits at $12,606. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 23/10/20 Crude Oil Weekly Price Forecast – Crude Oil Continues Range Bound E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020 USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Natural Gas Price Forecast – Continues Explosive Move Higher', "Wefinex The exponential growth of a fixed-time trading platform by integrating blockchain technology The exponential growth of a fixed-time trading platform by integrating blockchain technology PORT VILA, VANUATU, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Wefinex, the innovative trading platform is all set to attract more traders by introducing a simpler and better way to trade and earn. The Wefinex platform provides the financial instruments that enable traders to profit by forecasting the right price action of popular cryptocurrency pairs. If the forecast is correct, the trader gets a big profit from their initial trade amount. Starting from the first quarter of 2020, Wefinex’s userbase has grown exponentially with monthly visitors grow to over 1 million from over 25 countries. According to Alexa, Wefinex has reached the top 3000 websites in global internet traffic and engagement with visitors come from all over the world, especially Brazil, Russia, Ukraine, and Vietnam. Wefinex positions their platform as one of the most transparent and highly secured exchanges. To maintain their transparency to all users, Wefinex has established Bitcoin Prices Indices. This Indices is calculated using a wide variety of data sources from other reputable exchanges in the industry and published for trading in real-time. Moreover, the platform utilizes top-tier data and asset protection technology in order to protect their customers' assets. To ensure that customers are happy with the platform, Wefinex team constantly upgrades and releases new features such as Quick deposit, Copy trading, Challenges,... The team is also constantly developing new highly sophisticated trading tools and indicators to improve traders’ ability to earn profits. Combined with its state-of-the-art, high-performance order matching engine technology, the platform is fully prepared to serve tens of millions of customers worldwide. At the center of their innovation is the Wefinex Affiliate program that provides their partners with two sustainable types of commissions: Agency Commission and Trading Commission. This new approach will strengthen the relationship between agencies and traders, helping each other to earn more together. Story continues Apart from the attractive Affiliate program, traders on Wefinex can participate in many activities that help them earn more based on their trading skills and trading volume. With Daily Lucky Draw, 3 lucky winners will be chosen to receive an iPhone worth $1000 every day. More than that, there will be Weekly challenges that have rewarded winning Traders more than $300,000 and Monthly challenges that have rewarded winning Agencies more than $100,000. The biggest price in the Challenges for a trader is $25,000 and for an agency is $12,000. Wefinex’s ultimate mission is to offer the most convenient, secure, and innovative trading solution in the world. The team is committed to creating an open and decentralized financial system that offers investors from every corner of the world access to global financial markets using cryptocurrency and other innovative financial products. By deeply integrated into the new digital economy utilizing blockchain technology and other revolutionary technologies, Wefinex will empower traders with competitive technology advantages that help them maximize their profits with minimal efforts Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $239,148,971,606 - Hash Rate: 151099090.55204767 - Transaction Count: 306774.0 - Unique Addresses: 657714.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari. • The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks. • Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500. • According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September. • Bitcoin Sets Record 63 Straight Days Closing Above $10,000 • Bitcoin Sets Record 63 Straight Days Closing Above $10,000 • Bitcoin Sets Record 63 Straight Days Closing Above $10,000 • Bitcoin Sets Record 63 Straight Days Closing Above $10,000... - Reddit Posts (Sample): [['u/Jonah7154', 'Thoughts on this move?', 12, '2020-10-24 01:04', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/', 'I’m currently really young (16), and I have huge conviction in bitcoin to the point where I have 50% of my asset value allocated to it (it’s still a very small amount of capital, in the 4 figures). However, I’ve been thinking about just going all in (meaning make it 100%) because my conviction for bitcoin is higher than any other asset. \n\nIs this dumb because I don’t have any diversification? I’m strongly considering doing this so any insight would be greatly appreciated.', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/', 'jgxxo1', [['u/TheGreatMuffin', 14, '2020-10-24 01:11', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/g9td42n/', '> Is this dumb because I don’t have any diversification? \n\nThis isn\'t a yes or no question.* Decisions like that depend on many variables, f.ex: do you have any incoming cash flows? Do you have short-term financial goals (or otherwise goals requiring money)? Do you have any debt? Are psychologically and financially ok to lose any money you\'ve invested into bitcoin? Are you familiar with proper bitcoin storage? Why do you want to buy bitcoin in the first place? And a few dozens more similar questions. \n\nNow, when I was 16 I certainly wouldn\'t be able to answer such questions in depth (nor should you really answer such types of questions to strangers on the internet), but hopefully you\'ll understand that none of us here are qualified to give you an answer on your initial question. Also, don\'t be in hurry to make financial decisions based purely on recent price moves. It\'s all good, you\'ll have plenty of opportunities to make those decisions. Relax and take your time. \n\n\\* although the likelihood of the answer being "yes" is higher than "no", if you\'d really press on for a binary reply (and "diversification" means uncorrelated assets, not altcoins. But it can also imply skills, education etc).', 'jgxxo1']]], ['u/[deleted]', 'I’m scared about China', 11, '2020-10-24 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/', 'China was just testing digital yuan and it wasn’t a success but if it wants people to implement it won’t it go after bitcoin and 700k per hour for 51% attack can be done by China, so can someone put me to ease please', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/', 'jgzdlz', [['u/GSEDAN', 10, '2020-10-24 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9tv7wt/', 'Not particularly in love with China myself, but what an ignorant statement. If you want to say something about people not having a brain, you may want to at least try and spell correctly. LOL', 'jgzdlz'], ['u/TibbersCrypto', 10, '2020-10-24 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9tyxqv/', "A single 51% attack will forever taint Bitcoin even if its for an hour. The store of value narrative is all Bitcoin has left. I don't see a bright future for it if China does a 51% attack, especially with hundreds of more efficient cryptocurrencies waiting to fill its shoes. I dont know what the best course of action against this is but I'm not keeping all my eggs in 1 basket.", 'jgzdlz'], ['u/ZeusFinder', 11, '2020-10-24 04:34', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9u9pq7/', 'If an attack happens we could simply restart the system from the last position that was trusted on the block. Satoshi said this himself.', 'jgzdlz']]], ['u/zenethics', 'In 2021, there are some things that will fundamentally change', 50, '2020-10-24 04:19', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/', "1. People who presumed this was going to go away will have to come to terms with the fact that it isn't.\n\n2. Very rich people will have to wrestle with knowing that they may be running out of time where they can afford a whole Bitcoin. \n\n3. Lamborghini will have to have to come out with an air tight / tracked model of their car so \nthat we can drive it on the moon from citadel to citadel.", 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/', 'jh0y7u', [['u/YUGEdickxx', 24, '2020-10-24 05:10', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9uenkn/', 'warrent buffet will buy bitcoin at 2021. At 25k bitcoin will have almost the same market cap that apple did when he waived the white flag and bought his first tech company. Like him alot more bilionaires will come\n\nyou can save this and thank me later', 'jh0y7u'], ['u/zenethics', 17, '2020-10-24 05:20', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9ug2bu/', 'I think 25k will be a 2 week long kind of thing on the way to 50k that doesn\'t give him time to get into the market at that price. People with these "100k in 3 years" kind of predictions make me laugh. No, once we hit 20k, we\'re like 6 or 7 months away from 100k. \n\n\nSource: in 2017 when we made a new ATH at 1300, we doubled to 2600 in a month. And now there are even more people paying attention and a few orders of magnitude more money on the sidelines.', 'jh0y7u'], ['u/zenethics', 10, '2020-10-24 06:07', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9ulbla/', 'Three things:\n\n1. Anyone sure of what prices will do is trying to sell you something. Don\'t buy it.\n\n\n2. Last time we peaked it was after a fork, a hash war, confusion about "the real Bitcoin" (which is now settled), confusion about the payment network / reserve asset definition, and confusion about whether this was a tulip mania or a new permanent fixture in the world (also now settled, its the second thing).\n\n\n3. Prices in crypto tend to play out in fractals, or at least have so far. Now, when this thing makes a new ATH, we\'ll have an entire world looking at it as a kind of game of musical chairs, and they\'ll be forced to realize that the music just stopped and there\'s only 21 million seats. If we go to 100k in the next 18 months that\'s a no brainer. It won\'t start to feel toppy to me until we see 250k or more (maybe as high as 2M). The opposite side of this equation is that, some people will have bought at 100k and some people will have bought at 100 and at some point the price will be so high that some people will be obligated to sell and diversify because it has become such a big part of their net worth that it is a personal risk to them to have so much in one asset (even an asset as pristine as Bitcoin).', 'jh0y7u'], ['u/zenethics', 33, '2020-10-24 06:28', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9unyrr/', 'As another clarification, Bitcoin isn\'t a kind of stock, it\'s a new category of money. In your life, you\'ll see 500 thousand new stocks. You\'ll never see a new category of money (it\'s a rarer than once in a lifetime kind of event - in the last 4000 years, this is #4 - precious metals, notes backed by precious metals, notes not backed by precious metals, bitcoin). Stocks represent ownership in a company. Money is half of every transaction. "Not in the same ballpark" doesn\'t do it justice. They aren\'t in the same universe.', 'jh0y7u']]], ['u/crayola110', 'How safe is Blockfi', 14, '2020-10-24 05:14', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/', 'Is Blockfi still Safu? Seems unsustainable the 10% on stable coins and 6%btc return?\n\nAre they insured and safe from bankruptcy or have pretty good backup plans if cryptos dump really low?', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/', 'jh1q5y', [['u/au_bits', 12, '2020-10-24 05:36', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/g9ui6yb/', "Don't put all your eggs in one basket. Blockfi use a method of [rehypothecation](https://www.investopedia.com/terms/r/rehypothecation.asp) that, if done judiciously, should return the original investor (you) a profit.\n\nWe're all in the same boat if crypto's dump then it'll be worth less than goat shit. So no insurance for that. However they're custodied by Gemini. Which is for all intents and purposes the Fort Knox of the bitcoin world", 'jh1q5y']]], ['u/megability', 'So I’m trying to onboard my 16yo cousin from a distance... but the Bitcoin.com wallet is not making it as easy as I think we need', 25, '2020-10-24 05:46', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/', 'Ok so I set up a wallet for my cousin, funded it with a little BCH, wrote down the 12 word seed, and then helped him import that to the Bitcoin.com app to get his wallet, easy right?\n\nNo\n\nThe first thing he tells me is the app wanted his iCloud account to log in, so he gave it... ugh... that should be later, and an option, not the FIRST dang step...\n\nThen he sends me a screenshot of the main screen, it lists “My BCH Wallet” in green, and “My Bitcoin Wallet” in orange below... again arg, why can’t it be “BitcoinCash” at least!?!?\n\nOf course he says “ok I see Bitcoin, but what’s BCH?”\n\nThen I tell him to open the orange Bitcoin wallet, then the 3 dots at top right, then delete the wallet - which can’t be done apparently - WHY!?!?\n\nI know Bitcoin.com doesn’t want to be TOO UNFAIR to BTC but geez, they should really make the initial experience a little bit better for newbies... and BCH', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/', 'jh26j5', [['u/ThomasZander', 16, '2020-10-24 10:21', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/g9vkn1m/', 'I\'ve been saddened that the bitcoin,com wallet has gotten worse... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus', 'Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus', 'Bitcoinclosed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency.\n• Bitcoin had last closed above $13,000 on Jan. 15, 2018, six weeks after bitcoin closed above $13,000 for the first time on its way to an all-time high of $19,892, according to Coinbase market data.\n• Through late June and early July in 2019, bitcoin briefly traded above $13,000, revisiting that price level on Wednesday through Friday, but still failing to close above it.\n• This week,newsthat PayPal is allowing its customers to buy and sell certain cryptocurrencies, along with recent investments in bitcoin by Square and MicroStrategy, has given the leading cryptocurrency a strong tailwind. Just yesterday, JPMorgan analystswrotethat bitcoin has “considerable upside potential.”\n• Bloomberg Intelligence set $13,000 as a breakout price target for bitcoin in a Julyreportthat called the leading cryptocurrency a “caged bull”.\n• Year to date, bitcoin has gained 82%.\n• Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, who authored the report, told CoinDesk in an email he was impressed by how bitcoin broke above $10,000 in late July and turned that level into support when it was revisited from the upside in early September.\n• As for the future, bitcoin’s “fundamental and technical indicators remain positive,” McGlone said.\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News', 'Bitcoinclosed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency.\n• Bitcoin had last closed above $13,000 on Jan. 15, 2018, six weeks after bitcoin closed above $13,000 for the first time on its way to an all-time high of $19,892, according to Coinbase market data.\n• Through late June and early July in 2019, bitcoin briefly traded above $13,000, revisiting that price level on Wednesday through Friday, but still failing to close above it.\n• This week,newsthat PayPal is allowing its customers to buy and sell certain cryptocurrencies, along with recent investments in bitcoin by Square and MicroStrategy, has given the leading cryptocurrency a strong tailwind. Just yesterday, JPMorgan analystswrotethat bitcoin has “considerable upside potential.”\n• Bloomberg Intelligence set $13,000 as a breakout price target for bitcoin in a Julyreportthat called the leading cryptocurrency a “caged bull”.\n• Year to date, bitcoin has gained 82%.\n• Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, who authored the report, told CoinDesk in an email he was impressed by how bitcoin broke above $10,000 in late July and turned that le Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $239,148,971,606 - Hash Rate: 116306536.8065104 - Transaction Count: 242273.0 - Unique Addresses: 547380.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin was able to hit $10,800 Tuesday before falling on U.S. Pres. Donald Trump’s stimulus tweet. Meanwhile, the DeFi ecosystem’s most popular wallet hit 1 million users. • Bitcoin(BTC) trading around $10,555 as of 20:00 UTC (4 p.m. ET). Slipping 1.6% over the previous 24 hours. • Bitcoin’s 24-hour range: $10,528-$10,800 • BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin’s price was able to climb to $10,800 on spot exchanges such as Coinbase Tuesday before falling to as low as $10,528 immediately afterPresident Trump tweetedhis rejection of opposition lawmakers’ most recent economic stimulus proposal. “One thing that is still hanging over this market is the stimulus,” said Andrew Tu, an executive at quant trading firm Efficient Frontier. “It may take until after the elections for them to reach an agreement, which would be really bad for a lot of Americans relying on government aid.” Related:Bitcoin Correlations Depend on What Phase It Is In Katie Stockton, an analyst at Fairlead Strategies, says bitcoin has been above the key $10,000 price point for some time, which she considers bullish. “Bitcoin has been consolidating within its uptrend since discovering support near $10,000 a month ago,” Stockton said. The last time bitcoin traded below $10,000 was on Sept. 9. Daniel Koehler, liquidity manager at cryptocurrency exchange OKCoin, says the aftermath of the BitMEX news still has him optimistic. Read More:BitMEX Ether Futures Trading Contracts Fall by Half in Wake of US Charges “It’s bullish to see that bitcoin trading infrastructure is so strong given that the former largest bitcoin derivatives trading platform can lose 25% of [its] BTC open interest deposits overnight and the markets just shrug it off.” Koehler also noted that open interest in the bitcoin futures market overall is ticking up, hitting $3.8 billion on Monday. Related:New Non-Custodial Crypto Exchange 'Brings Bitfinex Liquidity to EOS' One of the reasons for resilience may be bitcoin’s potential store-of-value properties, says Henrik Kugelberg, an over-the-counter trader based in Sweden, who is bullish bitcoin but bearish almost everything else. “To me there’s no doubt we will see a housing crash, a stock crash and quite possibly tough deflation in the near future,” he said. To accomplish this, Kugelberg says U.S. debt, which is already over 100% gross domestic product, will have to increase in order to stave off a traditional market crash. ”Those things will drive the need to increase the debt at the same pace for another year or maybe more,” Kugelberg added. “To me it seems like a point where turning to bitcoin is a good idea.” Ether(ETH), the second-largest cryptocurrency by market capitalization, was down Tuesday, trading around $341 and slipping 3% in 24 hours as of 20:00 UTC (4:00 p.m. ET). The MetaMask wallet, a browser extension that allows users to interact with the Ethereum network and its multitude of smart contract-based decentralized finance, or DeFi, applications, has hit 1 million users. It’s a fourfold increase for the wallet since 2019, with the United States, India, Nigeria and the Philippines as the top countries with highest MetaMask usage,according to its software developer, Consensys. Chasing juicy returns in the DeFi space, which can often provide double- or triple-digit returns for lending crypto, is one of the reasons for MetaMask’s growth, said John Willock, CEO of Tritium Digital Assets, a crypto liquidity provider. “I think we can all recognize that a lot of the adoption of MetaMask is through the recent DeFi craze and interest in short-term returns that have been perceived to be out there to chase.” Read More:MetaMask Gets Into the Decentralized Exchange Aggregation Business However, that speculation is bringing real adoption, Willock added. “I look at the MetaMask numbers as the same sort of early adoption indicator the uptake of Netscape browser use was in the 1990s. It is exciting.” Digital assets on theCoinDesk 20are mostly lower Tuesday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • eos(EOS) + 7.1% • bitcoin cash(BCH) + 0.61% • litecoin(LTC) + 0.27% Notable losers as of 20:00 UTC (4:00 p.m. ET): • orchid(OXT) – 9.9% • chainlink(LINK) – 6.7% • zcash(ZEC) – 6.5% Read More:Europol Names Privacy Wallets, Coins, Open Marketplaces as ‘Top Threats’ Equities: • Asia’s Nikkei 225 ended the day climbing 0.52% asconglomerate Softbank Group’s stock jumped 2.4% Tuesday to help lead the index higher. • The FTSE 100 closed flat, in the green 0.12% asinvestors weighed the increase in coronavirus cases in Europe. • In the United States the S&P 500 dropped 1.4% asPres. Trump called off stimulus negotiations, which resulted in a sharp downturn in stocks. Commodities: • Oil was up 2%. Price per barrel of West Texas Intermediate crude: $40.17. • Gold was in the red 1.3% and at $1,888 as of press time. Treasurys: • U.S. Treasury bond yields fell Tuesday. Yields, which move in the opposite direction as price, were down most on the 10-year, dipping to 0.747 and in the red 4.8%. • Bitcoin Trump-Dumps to $10,500; MetaMask Hits 1 Million Users • Bitcoin Trump-Dumps to $10,500; MetaMask Hits 1 Million Users... - Reddit Posts (Sample): [['u/takeoveritsyours', "Let's see how long a BTC transaction with low fees REALLY takes.", 44, '2020-10-25 00:05', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/', 'This isn\'t meant to trash Bitcoin, or the main bitcoin sub. I own and use both BTC and BCH - and I sort of think the two can coexist. BUT you\'ll pretty frequently read over there that transactions with fees as low as 1sat/byte are completely workable ON THE MAIN CHAIN. The argument is that BCH DOESNT actually have lower fees, because cheap BTC transactions will confirm just fine. (eventually). \n\nI wanted to play around with exactly how to define "eventually," so I built a small transaction in electrum. I\'ll link it below. You\'ll note lock time was 654079. As i write this post, we are currently on block 654159. I think it will be interesting to see what the height is when the transaction is actually confirmed. Any guesses?\n\nEdit: Confirmed in block 654222! It took apprx 140 blocks for a transaction to confirm with extremely low fees (in a fairly crowded environment). It worked out to be almost exactly 24 hrs. \n\n&#x200B;\n\nLink to transaction: [https://blockstream.info/tx/a956de7e0a5cc9fa77ed332cebbe91ee39435f8112b86efcb9809e7eddc2eb7e](https://blockstream.info/tx/a956de7e0a5cc9fa77ed332cebbe91ee39435f8112b86efcb9809e7eddc2eb7e)', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/', 'jhhr29', [['u/Phptower', 16, '2020-10-25 01:20', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9ywc1i/', 'Thanks. Good idea and post. I think it takes 3 days.', 'jhhr29'], ['u/playfulexistence', 23, '2020-10-25 01:31', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9yy6cd/', 'You can see from this chart that if you had sent a BTC transaction four days ago with a 1 sat/byte fee, it still would not have confirmed today.\n\n[https://jochen-hoenicke.de/queue/#0,1w](https://jochen-hoenicke.de/queue/#0,1w)', 'jhhr29'], ['u/Kay0r', 19, '2020-10-25 02:44', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9za5an/', "If by 'most' you mean the last 3 years then you're correct. \nUnfortunately for you, BTC is 11 years old.", 'jhhr29'], ['u/1MightBeAPenguin', 19, '2020-10-25 02:47', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zalqu/', 'the "fee-market" on BTC is artificially imposed. This was never the intended plan of action.', 'jhhr29'], ['u/Kay0r', 23, '2020-10-25 02:54', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zbq4p/', "Nope. Late 2016. \nYou're full of shit, trying to mislead on a FUCKING PUBLIC LEDGER.", 'jhhr29'], ['u/SoulMechanic', 10, '2020-10-25 02:06', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zdnqj/', "This lie doesn't work here.", 'jhhr29'], ['u/redditornym', 16, '2020-10-25 02:09', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9ze2yr/', "Neat idea for a test, but now that you've published the information, anyone could pay a transaction accelerator to make it happen sooner than it would otherwise. So now it's an observation can affect the outcome situation you've created.", 'jhhr29'], ['u/SoulMechanic', 11, '2020-10-25 02:23', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zgdj5/', "It's a top 5 coin since it's inception for a reason.\n\nI think you should find better things to do with your Saturday.", 'jhhr29'], ['u/1MightBeAPenguin', 17, '2020-10-25 04:10', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zx7j6/', "You're straw-manning me. I'm not arguing that Bitcoins should be sent for free over the internet, but the entire point was for the system to be as frictionless as possible. The frictionless and cash properties of BTC were there for the majority of its history.", 'jhhr29'], ['u/phillipsjk', 11, '2020-10-25 04:20', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zywl8/', "If blocks averaged 8MB, 4 times BTC's capacity, [fees would still be low](https://cointelegraph.com/news/bitcoin-cash-stress-test-results-21-million-transactions-cause-no-surge-in-fees).", 'jhhr29'], ['u/phillipsjk', 11, '2020-10-25 05:22', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga08lnt/', 'I literally linked to [a write-up of] the September 1, 2018 "stress test" [from a BTC maximalist publication] that showed it to be true empirically.', 'jhhr29'], ['u/nolo_me', 16, '2020-10-25 07:49', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga0rfol/', 'It\'s the perfect time to test it, because "it works sometimes" is not good enough.', 'jhhr29'], ['u/mjh808', 12, '2020-10-25 08:10', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga0u6ff/', 'You could send transactions without a fee at all in 2013.', 'jhhr29']]], ['u/alwaysSearching23', 'Is BlockFi legit?', 37, '2020-10-25 00:37', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/', 'Has anyone used blockfi? It seems to good to be true of giving 8.6% on bitcoin investing', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/', 'jhiafp', [['u/Brettanomyces78', 18, '2020-10-25 00:47', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9yqvos/', "The 8.6% is on certain stablecoins. Bitcoin is somewhere around 6%, less if over 2.5 BTC.\n\nGemini does their custody, so that's good. Beyond that, I'm not too sure. They seem to be one of the most secure within the field of lenders, but they're still lending out your Bitcoin. It's not without risk.\n\nEdit: corrected % rate thanks to poster below finding my error.", 'jhiafp'], ['u/[deleted]', 22, '2020-10-25 01:42', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9yzxur/', 'Not your keys, not your coins. I always worry about spontaneous KYC requirements when I think about giving my coins to someone else.', 'jhiafp'], ['u/Lobotomies4Sale', 13, '2020-10-25 02:13', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9z58wy/', "There isn't a chance in hell that your coins are sitting in vaults at Gemini if you're getting paid interest on them. They're being lent out to....? \n\nNot your keys, not your bitcoin", 'jhiafp']]], ['u/chickenfisted', 'Where to store less than $1k in BTC?', 18, '2020-10-25 00:42', 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/', "I have convinced a friend to buy some bitcoin, they used shakepay as the onramp.\n\nWhere is the best place for them to store it? I've read paper wallets are no longer the thing. It's not realistic for them to buy a ledger for the amount that they're holding.\n\nAny suggestions? Much appreciated", 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/', 'jhida5', [['u/brianddk', 12, '2020-10-25 02:40', 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/g9zj1fa/', 'The levels of security from worst to best. $1k may be a lot to some people:\n\n1. Keep it on an exchange without 2FA (worst)\n2. Keep it on an exchange with SMS 2FA\n3. Keep it on an exchange with Google Auth 2FA\n4. Keep it on an exchange with HW-2FA\n5. Keep it on your Windows laptop / desktop\n6. Keep it on your Linux laptop / desktop\n7. Keep it on your iPhone\n8. Keep it on your Android\n9. Keep it in a paper wallet\n1. Keep it on an air-gapped machine\n1. Keep it in a multisig wallet split between laptop, desktop, android\n1. Keep it on a HW wallet\n1. Keep it on a multisig wallet split between two HW wallets (best)', 'jhida5']]], ['u/CIassik', 'How much BTC does the average member here probably have?', 22, '2020-10-25 02:57', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/', 'I joined a few weeks ago and when I hear how personally invested and how much people praise BTC I usually assume these people have several bitcoins at least (3-5+), then I get a little jealous for not being involved sooner. How many BTC do you think the average member here has?', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/', 'jhkgyb', [['u/losloppie', 48, '2020-10-25 02:59', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zchux/', 'Definitely not 3-5', 'jhkgyb'], ['u/Garebear8585', 24, '2020-10-25 02:00', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zcp8q/', 'Tree fiddy', 'jhkgyb'], ['u/radioshackhead', 78, '2020-10-25 02:04', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zd9tr/', 'honestly i would say between 0.01 and 0.1', 'jhkgyb'], ['u/guitarjunky64', 32, '2020-10-25 02:09', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9ze5m6/', "Most probably 0.1 or less... most people cant afford a $1,000 emergency. Dont forget we just got hit with a world wide pandemic. \n\nAnd most people have more debt than they do savings. \n\nAnd remember if you own ANY bitcoin, you're already ahead of the game", 'jhkgyb'], ['u/Scynful', 24, '2020-10-25 02:12', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zenb6/', "I think the way we use the term 'stacking sats' more than 'stacking Bitcoins/Bits' should be a pretty good indicator of our scale.", 'jhkgyb'], ['u/blankjoke', 47, '2020-10-25 02:21', 'https://www.reddit.com/r/Bitcoin/comments/jh... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Virgil Griffith’s lawyer has filed a motion to dismiss the U.S. government’schargesthat the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference.\nThemotion, filed by attorney Brian Klein, claims the government’s late-2019 indictment of Griffith doesn’t “specify any alleged overt facts” and contains no actual allegation of fact.\nGriffith was arrested last November on charges he violated the International Emergency Economic Powers Act (IEEPA) and executive orders by going to North Korea and speaking during a crypto conference, where he allegedly taught government officials how to use the technology to bypass economic sanctions.\nRelated:OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules\nIt’s the first sanctions case in a U.S. court involving cryptocurrency, and as such is likely to be closely watched. The results could hold a precedent for other cases the government might bring under the law, as the U.S. continues adding individuals and entities to its sanctions lists.\nRead more:USA v. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case\nKlein’s motion to dismiss claims the President of the United States does not have the authority to prohibit the transmission of information, and that the Office of Foreign Assets Control (OFAC), the Treasury Department division overseeing sanctions enforcement, has “issued no regulations and published no guidance to clarify the definition of ‘services'” that are otherwise prohibited under executive orders.\n“It appears that the government’s theory is that, by attending and speaking at a blockchain conference in Pyongyang, Mr. Griffith provided ‘services’ because he ‘provided the DPRK with valuable information on blockchain and cryptocurrency technologies, and participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,'” the motion said.\nRelated:Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining\nAccording to Klein, Griffith only provided information that was already in the public domain.\nThe next step in the case is likely a government response to Klein’s motion.\n• Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea\n• Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea", "Virgil Griffith\x92s lawyer has filed a motion to dismiss the U.S. government\x92s charges that the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference. The motion , filed by attorney Brian Klein, claims the government\x92s late-2019 indictment of Griffith doesn\x92t \x93specify any alleged overt facts\x94 and contains no actual allegation of fact. Griffith was arrested last November on charges he violated the International Emergency Economic Powers Act (IEEPA) and executive orders by going to North Korea and speaking during a crypto conference, where he allegedly taught government officials how to use the technology to bypass economic sanctions. Related: OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules It\x92s the first sanctions case in a U.S. court involving cryptocurrency, and as such is likely to be closely watched. The results could hold a precedent for other cases the government might bring under the law, as the U.S. continues adding individuals and entities to its sanctions lists. Read more: USA v. Virgil Griffith: What We Know (and Don\x92t) in the Bombshell Crypto Sanctions Case Klein\x92s motion to dismiss claims the President of the United States does not have the authority to prohibit the transmission of information, and that the Office of Foreign Assets Control (OFAC), the Treasury Department division overseeing sanctions enforcement, has \x93issued no regulations and published no guidance to clarify the definition of \x91services'\x94 that are otherwise prohibited under executive orders. \x93It appears that the government\x92s theory is that, by attending and speaking at a blockchain conference in Pyongyang, Mr. Griffith provided \x91services\x92 because he \x91provided the DPRK with valuable information on blockchain and cryptocurrency technologies, and participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,'\x94 the motion said. Related: Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining According to Klein, Griffith only provided information that was already in the public domain. The next step in the case is likely a government response to Klein\x92s motion. Related Stories Ethereum Dev Virgil Griffith\x92s Attorney Files Motion to Dismiss Charges of Aiding North Korea Ethereum Dev Virgil Griffith\x92s Attorney Files Motion to Dismiss Charges of Aiding North Korea View comments", 'Bitcoin, BTC to USD, fell by 0.69% on Sunday. Partially reversing a 1.52% gain from Saturday, Bitcoin ended the week up by 13.20% to $13,037.\nIt was another mixed start to the day. Bitcoin rose to an early morning intraday high $13,358.0 before hitting reverse.\nBreaking through the first major resistance level at $13,243, Bitcoin came up against the second major resistance level at $13,358.\nThe reversal saw Bitcoin slide through the first major support level at $12,945 to a mid-morning intraday low $12,850.0\nFinding support through the rest of the day, Bitcoin recovered to $13,000 levels to limit the loss on the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nBitcoin Cash SV rallied by 8.16%, with Polkadot rising by 0.30% to buck the trend on the day.\nIt was a bearish end to the week for the rest of the majors.\nChainlink and Crypto.com Coin slid by 4.29% and by 4.63% respectively to lead the way down.\nBinance Coin (-1.60%), Bitcoin Cash ABC (-1.50%), Cardano’s ADA (-1.39%), Ethereum (-1.48%), and Ripple’s XRP (-1.20%) also struggled.\nLitecoin (-0.62%) saw a relatively modest loss on the day.\nFor the week ending 25thOctober, it was also a mixed bag.\nLitecoin surged by 23.73% to lead the way.\nBitcoin Cash ABC (+9.32%), Bitcoin Cash SV (+13.38%), Chainlink (+11.07%), Ethereum (+7.37%), and Ripple’s XRP (+4.52%) also found strong support.\nIt was a bearish week for the rest of the pack, however.\nCrypto.com Coin tumbled by 18.53% to lead the way down.\nBinance Coin (-1.73%), Cardano’s ADA (-1.00%), and Polkadot (-6.72%) also struggled in the week.\nIn the week, the crypto total fell to a Tuesday low $347.73bn before surging to a Sunday high $403.12bn. At the time of writing, the total market cap stood at $391.33bn.\nBitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.73%.\nAt the time of writing, Bitcoin was up by 0.12% to $13,053.0. A mixed start to the day saw Bitcoin fall to an early morning low $12,990.0 before rising to a high $13,055.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nRipple’s XRP was up by 2.19% to lead the way.\nBinance Coin (+0.15%), Cardano’s ADA (+0.64%), Chainlink (+0.56%), Ethereum (+0.36%), Litecoin (+0.29%), and Polkadot (+0.44%) also found early support.\nIt was a bearish start to the day for the rest of the majors, however.\nBitcoin Cash SV (-1.18%) and Crypto.com Coin (-2.02%) struggled early on.\nBitcoin would need to move through the pivot level at $13,082 to bring the first major resistance level at $13,313 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $13,300 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,590.\nFailure to move through the $13,082 pivot would bring the first major support level at $12,805 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,574.\nThisarticlewas originally posted on FX Empire\n• Grainger Stock Forecast Raised to $401 at Morgan Stanley; $449 in Best Case Scenario\n• The Crypto Daily – Movers and Shakers – October 26th, 2020\n• U.S Mortgage Rates Fall to Yet another All-time Low\n• European Equities: Futures Point South, with Brexit, COVID-19, and U.S Politics in Focus\n• USD/JPY Fundamental Weekly Forecast – Investors Responding to Attractive Japanese Yields\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – Stimulus May Take Backseat to US Presidential Election', 'Bitcoin, BTC to USD, fell by 0.69% on Sunday. Partially reversing a 1.52% gain from Saturday, Bitcoin ended the week up by 13.20% to $13,037. It was another mixed start to the day. Bitcoin rose to an early morning intraday high $13,358.0 before hitting reverse. Breaking through the first major resistance level at $13,243, Bitcoin came up against the second major resistance level at $13,358. The reversal saw Bitcoin slide through the first major support level at $12,945 to a mid-morning intraday low $12,850.0 Finding support through the rest of the day, Bitcoin recovered to $13,000 levels to limit the loss on the day. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Bitcoin Cash SV rallied by 8.16%, with Polkadot rising by 0.30% to buck the trend on the day. It was Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $241,012,544,656 - Hash Rate: 109348026.05740292 - Transaction Count: 252494.0 - Unique Addresses: 579939.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Welcome to Opinionated, a new podcast featuring CoinDesks leading columnists and contributors. For free, early access to Opinionated, subscribe to CoinDesk Reports with Apple Podcasts , Spotify , Stitcher , CastBox or direct RSS for your favorite podcast player . Im your host, Ben Schiller, CoinDesks opinion editor. Related: Why Bitcoin's Longest Run Above $10,000 Matters On this weeks show, were joined by Nic Carter, cofounder of Coin Metrics and partner at Castle Island Ventures. Nic discusses this years $20 billion surge in USD-backed stablecoins (what he calls crypto-dollars) and the potentially enormous implications of an offshore dollarization system based on blockchain. Fiat-backed stablecoins are not what Satoshi intended, Carter says, but their preposterous growth this year is the the most important phenomenon in the industry. It not only tells us about the maturation of the crypto financial infrastructure. It also tells us a lot about current geopolitics, too, he says. Related: Crypto Is Too Dependent on Dollars Nic has written two op-eds for CoinDesk about crypto-dollars: Policymakers Shouldnt Fear Digital Money: So Far Its Maintaining the Dollars Status (from February) and The Crypto-Dollar Surge and the American Opportunity (this month). U.S. policymakers fear losing power as dollar-flows increasingly shift to stablecoins. Central bankers may have less ability to set interest rates. And the corresponding banking infrastructure, based largely in New York, will process fewer transactions as people move into assets like tether and USDC instead. Nonetheless, Carter says the U.S. should embrace this new form of money technology. One, its mostly, for now, a U.S. industry, and overwhelming pegged to dollars. More dollars in circulation, while not necessarily good for American workers, is good for the dollars reserve currency status. Story continues Two, blockchains are inherently neutral equal opportunity databases that dont exclude people and represent financial freedom. That ought to accord with American values. And third, if the U.S. doesnt sanction stablecoin transactions, some other country or company will, inviting in the threat of surveillance and a loss of power anyway. The U.S. should consider embracing a neutral alternative to the highly politicized New York corresponding banking system before its too late and whole tranches of its allies defect to a Chinese or a Russian system, Carter says. Nic had a lot more to say about stablecoins, the future of money and great power rivalry. Check it out here, and please subscribe to CoinDesks new podcast feed. For free, early access to Opinionated, subscribe to CoinDesk Reports with Apple Podcasts , Spotify , Stitcher , CastBox or direct RSS for your favorite podcast player . Related Stories The Biggest Story in Crypto: The Stablecoin Surge and Power Politics The Biggest Story in Crypto: The Stablecoin Surge and Power Politics... - Reddit Posts (Sample): [['u/[deleted]', 'Bitcoin', 38, '2020-10-26 01:26', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/', 'I have been hearing a phrase about bitcoin and it is "not your keys, not your coins", my question is if you buy bitcoin thru and third party to store them, how do you store them yourself and how do you keep your own keys, people seem to repeat that sentence quite often but they do not a lot of explanations. Does any of you have any sources where I can find answers?', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/', 'ji4lry', [['u/andreasma', 79, '2020-10-26 02:38', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4iwwk/', 'As the person who "coined" the phrase "not your keys, not your bitcoin", allow me to explain the implications:\n\nBitcoin stored by someone else is not under your control. Due to the nature of cryptocurrency, this represents a high risk. Taking control of your coins by controlling the keys has its own risks of course, mostly risk related to inexperience and "operator error". Unlike third party custody risks, however, you can overcome the risks of storing your own bitcoin by acquiring knowledge and practical skills. \n\nIf you are technical enough, you should try and store your bitcoin on your own wallet, preferably a hardware wallet. If you are not yet technical enough to do that, you should consider buying a hardware wallet and practicing with small amounts, backing up, erasing it, recovering, etc. until you feel confident you can do it.', 'ji4lry'], ['u/beowulfpt', 22, '2020-10-26 02:48', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4jz3p/', 'Nice. Not everyday you get a reply by Andreas himself. Good advice.\n\n\nExtra tip from a pleb to the OP /u/Auslanderr30, buy a Coldcard, so you won\'t end up storing shitcoin keys in it and getting lost in "DeFi" nonsense.\n\nBTC vs time wasting. Don\'t waste time. Time is the most valuable human resource.', 'ji4lry'], ['u/FACILITATOR44', 16, '2020-10-26 02:52', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4kf1u/', "Nice to see you out here in the wild 👍\n\nThanks for all you've done for crypto", 'ji4lry']]], ['u/da_engineer22', 'Bitcoin is gaining recognition', 101, '2020-10-26 01:42', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/', 'Someone in r/financialindependence made a post asking about bitcoin in their portfolio. The responses were mostly flooded with people saying bitcoin is a scam and will go away. Here and there people saying they have a small % in btc. I got in a back and forth with one guy that clearly has never looked into bitcoin at all just spewing inaccurate lies. \n\nFeast your eyes on the average person who claims to be financially literate (WE ARE STILL EARLY): https://www.reddit.com/r/financialindependence/comments/jhxtsr/does_bitcoin_have_a_legit_place_in_ones_portfolio/ga2x3xg/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/', 'ji4v0p', [['u/JJMabuhay', 14, '2020-10-26 01:45', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4dg4b/', "lol was there. Gave a legitimate answer and some rando just came at me.\n\n&#x200B;\n\nedit: I do agree with your point - it's still early.", 'ji4v0p'], ['u/da_engineer22', 13, '2020-10-26 01:47', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4dlzb/', 'It’s crazy that these people consider themselves financially literate', 'ji4v0p'], ['u/[deleted]', 22, '2020-10-26 02:02', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4f4xw/', 'Went there to hand out knowledge. Got throttled. Have to wait before I can post a single reply.', 'ji4v0p'], ['u/da_engineer22', 30, '2020-10-26 02:04', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4fdsu/', 'Yeah good luck. That sub is full of people that consider having their money in an S&P index a high risk investment', 'ji4v0p'], ['u/DaPurpleBishop', 29, '2020-10-26 02:08', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4fqh4/', 'It’s because they don’t understand it. Since they can’t understand it, then it’s bad and a scam. I’ve read a couple books by rich Wall Street guys and all of them have said Bitcoin is a scam. \n\nEveryone I’ve talked to says that Bitcoin is a scam because it’s all made up and there is nothing preventing the value from skyrocketing or dropping. To which I ask.... what do they think stocks are? Haha', 'ji4v0p'], ['u/TheAnalogKoala', 16, '2020-10-26 02:20', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4gyzg/', 'I don’t want to get into it too much and be downvoted to oblivion by the moonboy brigade but Bitcoin is very different from a stock. Stocks signify actual ownership of something physical.\n\nEdit: ok guys I give up. You have convinced me that Bitcoin is exactly like a stock. Thanks! Just waiting on those sweet bitcoin dividends.', 'ji4v0p'], ['u/NevilleLongbottomBTC', 14, '2020-10-26 02:40', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4j4wj/', "It signifies what, a piece of paper somewhere? Can you trustessly prove you own it without verification from a third party? Can you transfer ownership of it without the help of a third party? Is it resistant to govt seizure? Is it private?\n\n\n A stock signifies nothing but a promise from someone. you don't own shit.", 'ji4v0p'], ['u/hashuan', 36, '2020-10-26 02:49', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4k2xq/', 'The best part is knowing they’re all over there saying “lol those bitcoin guys just don’t get it.”', 'ji4v0p'], ['u/weeedtaco', 95, '2020-10-26 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4m4mx/', 'I’m glad they’re missing the boat tbh', 'ji4v0p'], ['u/ExisDiff', 19, '2020-10-26 03:39', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4p5kf/', "What always strikes me in those nocoiner and shitcoin conversations is the prominence of the energy inefficiency argument and the total lack of understanding of proof of work.\n\nTo me, it shows that these finance professionals don't even understand why gold is valuable and then of course they have no clue of [how bitcoin is leveraged off the gold concept](https://imgur.com/a/CGbz8dT).\n\nGold is valuable because there is absolutely no doubt as to whether there was a cheap way to acquire; eg it is expensive to mine and it is irreversible (until Newton's gold standard, [they still thought gold could be created](https://en.wikipedia.org/wiki/Philosopher%27s_stone)). Gold mining seems wildly wasteful, but it is the only way for people to have reassurance that they own something that is and remains valuable and hence its historic valuation.\n\nWithout an understanding of bitcoin's Proof of Work and why a miner should 'work hard' and prove its work to mine a bitcoin, one will always fall for the 'shitcoin PoS trap', fraught with centralisation and forgeability issues.", 'ji4v0p'], ['u/Reach_Beyond', 16, '2020-10-26 03:44', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4pofj/', 'r/financialindependence was my top subreddit for a long time, and I have one of the top comments on that thread. Even as soon as a year ago any mention of BTC would have you downvoted to hell. That sub represents the white collar workers of US and EU, most pull in 100-300k a year. The fact that a discussion is happening more is a huge step!\n\nIt’s when those mid/upper mid class workers starting investing we’ll see BTC boom.', 'ji4v0p'], ['u/tob23ler', 16, '2020-10-26 08:06', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga59sp2/', "Ya. That particular post had 119 upvotes. They're so happy in their eco-chamber together. \n\nIt's fun to read, i find.", 'ji4v0p'], ['u/SpockSays', 12, '2020-10-26 08:37', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga5bie8/', 'I don\'t disagree.. but honestly, most countries (especially USA) will need to update their tax laws if regular people are ever going to spend their bitcoin for "normal everyday commerce".\n\nI don\'t want to activate a capital gains event every single time I buy a coffee or some groceries.\n\nI can happily use my fiat for that, continue to accumulate/save in bitcoin, and make planned decisions with my bitcoin when I strategically want to, to best navigate the pitfalls of the tax code.', 'ji4v0p'], ['u/Bitcoin_puzzler', 13, '2020-10-26 11:38', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga5l06g/', 'Power consumption is one of the biggest plusses in bitcoin ;)\n\nLets go for total power consumption and we will finally disrupt the power space too.', 'ji4v0p']]], ['u/UnusualSayings24-7', 'I feel redundant', 31, '2020-10-26 02:02', 'https://www.reddit.com/r/Bitcoin/comments/ji56ni/i_feel_redundant/', 'Folks, at the old age I am I feel like I have lost my grip with technology.\n\nIn my teens and early twenties I knew all about gadgets the latest craze etc....\n\nEvery time I read about bitcoin even when it was being talked about on the good old bodybuilding.com forums I couldn’t make heads or tails of it.\n\nAs I’m getting older I have begun to think more about retirement, god willing I see that old age. In about 12 years if I leave early or 22 if my investments don’t pay off.\n\nI pay into an ok private pension. I have paid into regular 10 year saving plans with the first to mature in three years with about £3k every year thereafter.\n\nMy question is this and please forgive for sounding outdated and left behind. I want to invest in bitcoin for the long term. I have no desire to make payments... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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’s(BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets.\n• Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day.\n• That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis.\n• Bitcoin’s on-chain data, too, is showing no signs of investor trepidation.\n• The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday.\n• Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data sourceGlassnode.\n• So the bullish mood continues for bitcoin, even though the global stock marketssuffered lossesand Wall Street’s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday.\n• The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off.\n• Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally.\n• In effect, we appear to be seeing a weakening of thepositive correlationbetween bitcoin and the S&P 500 seen since the March crash.\n• “The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp.\n• The cryptocurrency is likely to stay strong in the coming weeks, he added.\n• Bitcoin’s options market is also retaining bullish bias.\n• The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls – bullish bets – drawing higher prices (or demand) than puts – bearish bets.\n• The cryptocurrency suffered a minor drop to $12,700 during Monday’s U.S. trading hours only to chart a quick recovery to levels above $13,000.\n• “The next resistance to take out is $13,800 (June 2019 high).\n• “If bitcoin breaks below $12,700, we will take action and decrease our exposure further,” Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat.\n• Disclosure:The author holds small positions in bitcoin andlitecoin.\nAlso read:Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', 'Bitcoin\x92s (BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets. Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day. That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis. Bitcoin\x92s on-chain data, too, is showing no signs of investor trepidation. The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday. Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data source Glassnode . So the bullish mood continues for bitcoin, even though the global stock markets suffered losses and Wall Street\x92s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday. The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off. Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally. In effect, we appear to be seeing a weakening of the positive correlation between bitcoin and the S&P 500 seen since the March crash. \x93The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,\x94 Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp. The cryptocurrency is likely to stay strong in the coming weeks, he added. Bitcoin\x92s options market is also retaining bullish bias. The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls \x96 bullish bets \x96 drawing higher prices (or demand) than puts \x96 bearish bets. The cryptocurrency suffered a minor drop to $12,700 during Monday\x92s U.S. trading hours only to chart a quick recovery to levels above $13,000. \x93The next resistance to take out is $13,800 (June 2019 high). \x93If bitcoin breaks below $12,700, we will take action and decrease our exposure further,\x94 Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat. Disclosure: The author holds small positions in bitcoin and litecoin . Story continues Also read: Number of Bitcoin \x91Whale\x92 Addresses at Highest Since Autumn 2016 Related Stories Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', 'Bitcoin’s(BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets.\n• Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day.\n• That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis.\n• Bitcoin’s on-chain data, too, is showing no signs of investor trepidation.\n• The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday.\n• Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data sourceGlassnode.\n• So the bullish mood continues for bitcoin, even though the global stock marketssuffered lossesand Wall Street’s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday.\n• The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off.\n• Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally.\n• In effect, we appear to be seeing a weakening of thepositive correlationbetween bitcoin and the S&P 500 seen since the March crash.\n• “The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp.\n• The cryptocurrency is likely to stay strong in the coming weeks, he added.\n• Bitcoin’s options market is also retaining bullish bias.\n• The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls – bullish bets – drawing higher prices (or demand) than puts – bearish bets.\n• The cryptocurrency suffered a minor drop to $12,700 during Monday’s U.S. trading hours only to chart a quick recovery to levels above $13,000.\n• “The next resistance to take out is $13,800 (June 2019 high).\n• “If bitcoin breaks below $12,700, we will take action and decrease our exposure further,” Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat.\n• Disclosure:The author holds small positions in bitcoin andlitecoin.\nAlso read:Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', "Learn about Aspire and how to buy and sell ASP and GASP on Bitcoin.com Exchange during an AMA on Tuesday, October 27 LAS VEGAS, Oct. 27, 2020 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) - Aspire Technology , developer of digital asset creation technologies, today announced a Telegram AMA hosted with Bitcoin.com Exchange. The Telegram AMA will take place Tuesday, October 27 at 11 am PST / 2 pm EST / 6 pm GMT on the Bitcoin.com Exchange Telegram Channel . Participants will learn how Aspire makes it easy to create your own digital assets, and have all their questions answered about buying and selling Aspire (ASP) and Aspire Gas (GASP) on Bitcoin.com. The Aspire platform, which consists of the Aspire (ASP) digital asset creation platform and Aspire Gas (GASP) blockchain, is the first digital asset creation platform to be free of double spending, resisting both mining exploits and 51 percent attacks that are common to proof-of-work blockchains. ASP and GASP were both recently listed on Bitcoin.com Exchange. Both tokens were created under the leadership of core developer Jim Blasko, a proof-of-work innovator since 2012. Blasko and Co-Founder Michael Terpin will both field questions during Tuesday’s AMA. Aspire was designed and built by remodeling legacy Counterparty software and replacing Bitcoin's blockchain with their own Proof Of Work blockchain known as “gAsp.” This was done to allow for greater security and to be able to run on the lowest possible transaction fees. Aspire is the most cost-effective platform in the world to build digital assets on, as users are able to perform over 300k transactions of their assets with just 1 GASP coin. Digital assets have been a key part of the growth of the blockchain, including the rapid growth of digital collectibles. All are welcome to j Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $241,012,544,656 - Hash Rate: 98413223.45166264 - Transaction Count: 251938.0 - Unique Addresses: 600338.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is trending upward and volume on decentralized exchange Uniswap is soaring to an astounding new high. • Bitcoin(BTC) trading around $11,724 as of 20:00 UTC (4 p.m. ET). Gaining 0.61% over the previous 24 hours. • Bitcoin’s 24-hour range: $11,575-$11,784 • BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Read More:Huobi and OKEx Battle for Supremacy in China Bitcoin jumped as high as $11,784 on spot exchanges like Coinbase on Monday. Adding fuel to the fire was the derivatives market; short sellers were liquidated on BitMEX during bitcoin’s rise Monday. In one hour, $6.6 million in buy positions were automatically triggered, the crypto equivalent of a margin call for traders going short. Related:Decentralized Exchange Volume Rose 160% in August to $11.6B, Setting Third Straight Record The Federal Reserve’s decision to let inflation run while keeping interest rates low is helping boost crypto, Darius Sit, managing partner of QCP Capital, told CoinDesk. “The market was looking to thePowell speechto see if there’d be any hawkish indications – clear plans to end liquidity injection and cheap money,” Sit said. “There was no sign of hawkishness so the party has resumed.”Sit noted the continued decline of the U.S. Dollar Index, which measures the greenback versus a basket of global currencies. The index continues to drop, down 0.12% Monday and hitting fresh lows for 2020. Crypto stakeholders are watching the equities market. Rather than a hedge, some still consider bitcoin a “risk-off” asset whereby traders will unload BTC if the broader stock market dumps. Read More:US Stocks Closing on Bigger August Gain Than Bitcoin Related:First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated “The S&P has been up almost 8% in the month of August so it will be interesting to see what bitcoin does when the market pulls back,” said Michael Rabkin, head of institutional sales at crypto liquidity provider DV Chain. “With bitcoin still being a fairly newer asset, there is a risk that it can sell off when the market does,“ he said. Read More:Someone Lost $16M in Bitcoin by Using a Malicious Install of Electrum Wallet Traders continue to have a plethora of opportunities in the crypto market, and decentralized finance, or DeFi, continues to captivate many, said John Willock, CEO of digital asset liquidity firm Tritum. “The big run over the weekend was highly concentrated in DeFI assets built on top of the Ethereum network, such as YFI and COMP,” Willock said. “This looks like a perfect storm of high optimism for these protocols and recent innovations introduced that are proving they have long-term value.” Ether(ETH), the second-largest cryptocurrency by market capitalization, was up Monday, trading around $437 and climbing 3% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More:DeFi Is a ‘Complete Scam,’ Says Controversial Entrepreneur Craig Wright The daily volume of decentralized exchange Uniswap hit $560 million Sunday. Uniswap’s daily trading volume is surpassing centralized exchanges such as Coinbase, which had $433 million the past 24 hours. Uniswap has over $10 billion total volume traded, according to Dune Analytics. “I think there is no denying that DeFi is a thing,” said George Clayton, managing partner at Cryptanalysis Capital. “Traders are spending over $400,000 per day in gas fees on Uniswap alone,” he added. However, there continues to be a caveat with all of this DeFi frenzy, added Clayton – the Ethereum network needs to scale in order to successfully meet this increasing demand. “Maybe centralized exchanges’ days really are numbered,” he said. “But not until the scaling issue is solved. Maybe Cosmos can do it with an Ethereum bridge.” Read More:Ethereum Classic Hit by Third 51% Attack in a Month Digital assets on theCoinDesk 20are mixed on Monday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • cardano(ADA) + 7.6% • tron(TRX) + 5.4% • nem(XEM) + 4.8% Read More:Five CoinMarketCap Executives Depart Binance in Mass Exodus Notable losers as of 20:00 UTC (4:00 p.m. ET): • zcash(ZEC) – 5% • chainlink(LINK) – 3.8% • tezos(XTZ) – 2.6% Read More:Coinbase Adds Marc Andreessen as Board Observer, Replacing Chris Dixon Equities: • In Asia the Nikkei 225 ended the day up 1.1% asWarren Buffett announced Berkshire Hathaway purchased 5% of each of the top five Japanese conglomerates. • In Europe, U.K. trading was on holiday. Germany’s DAX index closed in the red 0.61% asinvestors were cautious due to coronavirus surpassing 25 million cases globally. • The United States’ S&P 500 lost 0.22% asbank stocks dragged the index lower due to lower yields in the Treasury market. Read More:What Changes at the Fed and the SEC Mean for Crypto Commodities: • Oil is down 0.26%. Price per barrel of West Texas Intermediate crude: $42.80. • Gold was in the green 0.28% and at $1,969 as of press time. Read More:Someone Lost $16M in Bitcoin by Using a Malicious Install of Electrum Wallet Treasurys: • U.S. Treasury bond yields slipped Monday. Yields, which move in the opposite direction as price, were down most on the two-year, in the red 3%. Read More:Cryptocurrency Earned From Microtasks Is Taxable, Says IRS Memo • Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M in Daily Volume • Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M in Daily Volume... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.

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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length. At 0:59 GMT, the EUR/USD is trading 1.1422, down 0.0004 or -0.03%. Reuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission. That would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans. A source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France. Diplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time. Deal Will Have Major Impact on Euro While the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes. Early Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year. Currently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – July 20th, 2020 Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50 ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length.\nAt 0:59 GMT, theEUR/USDis trading 1.1422, down 0.0004 or -0.03%.\nReuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission.\nThat would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans.\nA source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France.\nDiplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time.\nWhile the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes.\nEarly Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year.\nCurrently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – Movers and Shakers – July 20th, 2020\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50\n• ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar\n• Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions.\nAt 01:26 GMT,Japan’s Nikkei 225 Indexis trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%.\nChina’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%.\nChina is expected to keep itsbenchmark lending ratesteady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis.\nThirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors.\nThe one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%.\nJapan’s exports fellin May at the fastest pace since the global financial crisis as U.S.-bound car shipments plunged, bolstering expectations for a deeper contraction in the world’s third-largest economy this quarter.\nU.S.-bound exports – Japan’s key market – halved to market the biggest annual drop since March 2009, due to more than 70% declines in shipments of cars and car parts. Japan is the world’s second-largest exporter of autos.\nU.S.-bound exports fell to 588 billion Yen ($5.48 billion), the lowest since February 2009, shrinking Japan’s trade surplus with the United States to 10 billion Yen, the smallest since records began in January 1979.\nHong Kong tightened coronavirus restrictions on Sunday, with non-essential civil servants told to work from home from this week, as the global financial hub reported a record number of daily cases.\nHong Kong leader Carrie Lam told a news conference the city recorded more than 100 cases in the past 24 hours, the most since the pandemic took hold in late January, taking the tally close to 2,000 patients, 12 of whom have died.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• Geopolitics and COVID-19 Put the EUR, Pound and the Greenback in Focus\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – Weak AUD Jobs Data, NZ Inflation Raise Red Flags\n• European Equities: Futures Point to the Red as EU Recovery Fund Talks Stall\n• Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices\n• Crude Oil Traders Look to China\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020', 'The major Asia-Pacific stock indexes are trading mixed early Monday as investors awaited the release of China’s benchmark lending rate. Shares in Japan rose despite a dive in the country’s exports. Weakness in the financial sector are pushing down shares in Australia and Hong Kong is called lower in anticipation of a reaction to city-tightened restrictions. At 01:26 GMT, Japan’s Nikkei 225 Index is trading 22674.73, down 21.69 or -0.10% and South Korea’s KOSPI Index is at 2190.39, down 10.80 or -0.49%. China’s Shanghai Index is trading 3213.74, down 0.39 or -0.01% and Australia’s ASX/200 Index is at 6010.20, down 23.40 or -0.39%. China to Keep Benchmark Lending Rate Unchanged for 3 rd Straight Month in July:\xa0 Reuters Poll China is expected to keep its benchmark lending rate steady for the third straight month at its July fixing on Monday, a Reuters survey showed, encouraged by a stronger-than-expected rebound from the coronavirus crisis. Thirty-four traders and analysts out of 36 participants in the snap survey this week predicted no change to the one-year Loan Prime Rate (LPR). The remaining two expected a marginal reduction of five basis points (bps) in both tenors. The one-year LPR is now 3.85% after two cuts this year, while the five-year rate is at 4.65%. Japan’s Exports Fall Most Since 2009 as U.S. Demand Slumps Japan’s exports fell in May at the fastest pace since Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $169,171,144,700 - Hash Rate: 121580323.15627 - Transaction Count: 309747.0 - Unique Addresses: 644972.0 Social & AI Sentiment: - Fear & Greed Index: 0.44 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin price is caught in a downdraft after a series of rallies in recent weeks that repeatedly fizzled out at the $10,000 mark. “There is no clear understanding where bitcoin will go,” Yuriy Mazur, head of data analytics at cryptocurrency exchange CEX.IO told CoinDesk’s Omkar Godbole. “It may either retrace back to $6,500 or reach $10,000.” You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: First Mover: EOS Has Still to Prove Itself After Spiraling Down This Past Year With the near-term picture cloudy, some analysts are focusing on a longer-term trend that could be surprisingly bullish for bitcoin: the emergence of digital currencies issued by central banks. It’s not an obvious investment thesis because bitcoin was invented to be used in an electronic peer-to-peer payment system that would be free of government control and operate outside of the traditional banking system. And most central bank digital currencies, or CBDCs, would, by their very nature, be issued and controlled by governments, and in many cases distributed through banks. But Jack Purdy and Ryan Watkins of the research firm Messari wrote last week in a report that the “coming digitization of money,” including the launch of CBDCs, could provide a “secular tailwind” for bitcoin. Related: Blockchain Bites: Facebook’s Calibra Facelift and Tencent’s ‘New Infrastructure’ Investments CBDCs have gained momentum over the past year as countries consider whether to roll out digital versions of their currencies to keep up with Facebook’s proposed Libra and China’s forthcoming digital currency electronic payment, which is already in testing . The journal Central Banking, which is supported by the Bank of International Settlements and the European Central Bank among others, found in a survey earlier this month that some 46 countries are considering CBDCs using a constrained form of distributed ledger technology. Story continues Federal Reserve Chair Jerome Powell told Congress in February the U.S. central bank is in the early stages of researching digital currencies , and that having a “single government currency at the heart of the financial system is something that has served us well.” Even so, JPMorgan said last week in a report that “there is no country with more to lose from the disruptive potential of digital currency than the United States,” as reported by Bloomberg News. “This revolves primarily around U.S. dollar hegemony.” The largest U.S. bank’s warning merely reinforces the urgency and significance of the efforts, and that’s what the Messari analysts were homing in on. “Catalyzed by bitcoin and the recognition of the benefits of blockchain technology, many countries and companies around the world have begun researching, testing and launching their own digital currencies,” the analysts wrote. “When these projects launch, they will have the combined effect of exposing billions of people to cryptocurrency-related technologies,” according to the report. “This will increase people’s comfort with and understanding of cryptocurrencies, get more people creating and using cryptocurrency wallets, and provide on-ramps into decentralized cryptocurrencies like bitcoin.” So CBDCs might be used to facilitate purchases of bitcoin? That’s the idea. Tweet of the day Bitcoin watch BTC : Price: $8,878 ( BPI ) \| 24-Hr High: $9,011 \| 24-Hr Low: $8,672 Trend : While bitcoin has recovered from two-week lows reached on Monday, the cryptocurrency is yet to beat key resistance above $9,300. At press time, bitcoin is changing hands near $9,000, having put in a low of $8,630, according to CoinDesk’s Bitcoin Price Index. Prices need to cross Sunday’s high of $9,310. That would invalidate the lower highs setup on the 4-hour chart and confirm an end of the pullback from $10,000 and the revival of the bullish trend. However, as long as prices are held under $9,310, the bearish view put forward by Sunday’s downside break of the ascending trendline connecting March 13 and April 21 lows would remain valid. The uptick from $8,630 to $9,000 seen in the last 24 hours lacks substance, as volumes have remained low throughout the price recovery. A low-volume bounce is often short-lived. Hence, prospects of a strong move above $9,310 look bleak. Besides, higher time frame charts are reporting a failed breakout. “The previous weekly candle below the long-term downtrend line support (drawn from June 2019 and February 2020 high), which locally invalidates the bullishness,” said Adrian Zduńczyk, chartered market technician and CEO of trading community The BIRB Nest. So another move lower toward $8,630 cannot be ruled out. A violation there would expose 78.6% Fibonacci retracement marked at 8524. “If that level is broken, it would result in tapping into range lows support $8,000-$8,100. The 50-day average at $8,300 could also offer support,” said Zduńczyk. However, if prices rise above $9,300 with strong volumes, a falling wedge breakout would be confirmed on the 4-hour chart. That would open the doors to a re-test of $10,000. Related Stories India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms Crypto Long & Short: Innovation Cycles, Crypto Venture Funds and Institutional Investors... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Joyce Lee\nSEOUL (Reuters) - Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed.\nRetail investors, known locally as ants, were a force in a 50% stock-price surge after a virus-induced sell-off in March.\nFrom then through May, however, those seeking help for trading-related addictive behaviour reached 214, showed data from the Korea Center on Gambling Problems. The growth rate eclipsed the overall 16% rise in calls seeking help.\nThe trend is a worrying sign of things to come should social distancing practices such as work-from-home become the norm, experts said, as isolated individuals have even fewer mechanisms such as peer support to check addictive behaviour.\nCompulsive stock trading also lacks the social stigma that may act as a deterrent toward traditional forms of gambling, even though the stimulation behind both is similar, they said.\nSouth Korea has not enforced any virus-busting lockdown measures, even during the height of the outbreak in the country over February and March. Nevertheless, people and businesses by and large have followed government guidelines and refrained from social gatherings and instituted work-from-home arrangements.\nOne such individual was 35-year-old bank employee surnamed Lee. He has been trading shares online for over a year since hearing of a friend who made a windfall through frequently buying and selling stocks based on rumour and speculation.\nThough Lee has seen some success - once making a profit of several hundred thousand dollars in a single trade - increased trading time afforded by working-from-home culminated last month in him losing 1.2 billion won ($1 million) over five days.\nOn the insistence of his wife, he said, he subsequently sought help from a gambling addiction counsellor.\n"We tend to see an influx of people seeking help after a huge market dive," said Kim Yeon-su, treatment manager at the Korea Center on Gambling Problems help centre in Seoul. "It happened with Bitcoin and now it\'s happening with stocks."\nActive trading accounts - the bulk of which belong to retail investors - rose 2.8 million from mid-January through mid-July, versus 1.6 million in the same period last year, financial association data showed.\nThe surge was reflected in the July listing of SK Biopharmaceuticals Co Ltd, where each share on offer for retail investors attracted 323 prospective buyers whose down-payments totalled 31 trillion won. The successful buyers saw their investment more than quintuple in four days.\nInvestor message boards on South Korea\'s dominant internet search portal see high traffic throughout trading hours with posts such as, "I want to become a king ant" and "I was robbed today as usual", plus discussion of obscure stocks and preferred shares.\nMental health experts said trading can become high-stakes gambling, with little to hold back the trader when they can trade easily online at home and often on credit.\n"Some of these people are buying, selling, buying, selling... To become a gambler, you need immediate stimulation to the brain. Invest in stable things, wait three months - they don\'t do this," said psychiatrist Shin Young-chul at the Kangbuk Samsung Hospital.\n"For a person for whom 400 million won goes back and forth in a day, can they stay engaged in their job that earns 2 million won a month?"\n($1 = 1,203.1000 won)\n(Reporting by Joyce Lee; Editing by Christopher Cushing)', 'By Joyce Lee SEOUL (Reuters) - Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed. Retail investors, known locally as ants, were a force in a 50% stock-price surge after a virus-induced sell-off in March. From then through May, however, those seeking help for trading-related addictive behaviour reached 214, showed data from the Korea Center on Gambling Problems. The growth rate eclipsed the overall 16% rise in calls seeking help. The trend is a worrying sign of things to come should social distancing practices such as work-from-home become the norm, experts said, as isolated individuals have even fewer mechanisms such as peer support to check addictive behaviour. Compulsive stock trading also lacks the social stigma that may act as a deterrent toward traditional forms of gambling, even though the stimulation behind both is similar, they said. South Korea has not enforced any virus-busting lockdown measures, even during the height of the outbreak in the country over February and March. Nevertheless, people and businesses by and large have followed government guidelines and refrained from social gatherings and instituted work-from-home arrangements. One such individual was 35-year-old bank employee surnamed Lee. He has been trading shares online for over a year since hearing of a friend who made a windfall through frequently buying and selling stocks based on rumour and speculation. Though Lee has seen some success - once making a profit of several hundred thousand dollars in a single trade - increased trading time afforded by working-from-home culminated last month in him losing 1.2 billion won ($1 million) over five days. On the insistence of his wife, he said, he subsequently sought help from a gambling addiction counsellor. "We tend to see an influx of people seeking help after a huge market dive," said Kim Yeon-su, treatment manager at the Korea Center on Gambling Problems help centre in Seoul. "It happened with Bitcoin and now it\'s happening with stocks." Active trading accounts - the bulk of which belong to retail investors - rose 2.8 million from mid-January through mid-July, versus 1.6 million in the same period last year, financial association data showed. The surge was reflected in the July listing of SK Biopharmaceuticals Co Ltd, where each share on offer for retail investors attracted 323 prospective buyers whose down-payments totalled 31 trillion won. The successful buyers saw their investment more than quintuple in four days. Story continues Investor message boards on South Korea\'s dominant internet search portal see high traffic throughout trading hours with posts such as, "I want to become a king ant" and "I was robbed today as usual", plus discussion of obscure stocks and preferred shares. Mental health experts said trading can become high-stakes gambling, with little to hold back the trader when they can trade easily online at home and often on credit. "Some of these people are buying, selling, buying, selling... To become a gambler, you need immediate stimulation to the brain. Invest in stable things, wait three months - they don\'t do this," said psychiatrist Shin Young-chul at the Kangbuk Samsung Hospital. "For a person for whom 400 million won goes back and forth in a day, can they stay engaged in their job that earns 2 million won a month?" ($1 = 1,203.1000 won) (Reporting by Joyce Lee; Editing by Christopher Cushing) View comments', "Grayscale Investments, a company that manages cryptocurrency funds, announced Monday that shares of its Bitcoin Cash trust and Litecoin Trust have been approved for public listing by the Financial Industry Regulatory Authority (FINRA). What Happened The listings will represent\xa0the two cryptocurrencies, Bitcoin Cash (BCH)\xa0and Litecoin (LTC),\xa0which have market capitalizations of $4.2 billion and $2.8 billion, respectively. Bitcoin Cash or BCash was created as a hard fork to the world's apex cryptocurrency in 2017. Former Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ) employee Charlie Lee\xa0created Litecoin as a Bitcoin-spinoff in October 2011, with the\xa0intention to make cryptocurrency transactions faster. This would be the first time ever that publicly listed securities have ever derived their value from these cryptocurrencies. The Bitcoin Cash trust will trade under the symbol BCHG and the Litcoin Trust under LTCN on the otc markets. Grayscale\x92s offerings will allow institutional investors access to these cryptocurrencies, who have concerns about purchasing such assets directly, Fortune noted . The shares will reportedly trade at a premium to the price of their underlying crypto assets. Why It Matters Greyscale\xa0Bitcoin Trust (OTC: GBTC )\xa0shares are said to be one of the top five equities held by millennials even ahead of shares of Netflix Inc , (NASDAQ: NFLX ) according to Fortune. The company has six such offerings, including Greyscale Ethereum Trust (OTC: ETHE ) and Greyscale Ethereum Classic Trust (OTC: ETCG ). Greyscale\x92s shares trade on the OTCQX, which is overseen by FINRA and does not require registration with the United States Securities and Exchange Commission. Price Action Bitcoin Cash traded nearly 0.2% lower at $169.67 at press time on Tuesday, according to CoinMarketCap data. Litecoin traded about 0.4% lower at $42.35. See more from Benzinga Amazon Self-Driving Subsidiary Aurora Starts Testing Fleet In Texas Google Adds New Features Aimed At Remote Workers To Gmail For Business Microsoft, Amazon, Google Sued For Alleged Privacy Violation In Use Of IBM Facial Recognition Database © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Grayscale Investments, a company that manages cryptocurrency funds,announcedMonday that shares of its Bitcoin Cash trust and Litecoin Trust have been approved for public listing by the Financial Industry Regulatory Authority (FINRA).\nWhat Happened\nThe listings will represent\xa0the two cryptocurrencies, Bitcoin Cash (BCH)\xa0and Litecoin (LTC),\xa0which have market capitalizations of $4.2 billion and $2.8 billion, respectively.\nBitcoin Cash or BCash was created as a hard fork to the world's apex cryptocurrency in 2017.\nFormerAlphabet Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG) employee Charlie Lee\xa0created Lite Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $172,990,358,825 - Hash Rate: 107783974.429318 - Transaction Count: 312871.0 - Unique Addresses: 660884.0 Social & AI Sentiment: - Fear & Greed Index: 0.44 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Related:The Real Story Behind Tesla's Crazy Rally • Bitcoin News Roundup for July 14, 2020 • Bitcoin News Roundup for July 14, 2020... - Reddit Posts (Sample): [['u/Humble_Vegetable', 'Sapper School Tips From an Honor Grad and Ranger', 151, '2020-07-21 01:26', 'https://www.reddit.com/r/army/comments/huwbm4/sapper_school_tips_from_an_honor_grad_and_ranger/', 'Disclaimer: Please let me know if I have violated any rules or confidentiality of the course and will comply with any adjustment. No answers are posted. These are some tangible thoughts and strategies for many sapper events that brought my squad and I considerable success moving through. I went through with consistently single-digit temperatures, so my skill set is that of a winter sapper and a summer ranger. I don\'t know how specific I can get without issue, but will attempt to be as specific as allowed.\n\nValid as of early 2020\n\nThe best day to day description of Sapper school:\n\n[https://www.reddit.com/r/army/comments/bd58m5/sapper\\_school\\_descriptionguide/](https://www.reddit.com/r/army/comments/bd58m5/sapper_school_descriptionguide/)\n\nPreparation:\n\n1. Memorize the knots test. Yes, you will have to demonstrate the butterfly coil with a farmers tie off and/or the bowline on a coil. \n2. Memorize the sapper creed. You will be singled out eventually.\n3. Run often, no less than 5 miles with every hill you can find. My run route was traversing the base up and down every hill available. Often back and forth on the same hill loop for miles.\n4. You have access to TC 3-34.85 - read it. Understand the GS topics I will list below (in no particular order).\n5. Everything is for points. Never slack on a section because you think you\'re set. Identifying that type of anti-personnel mine everyone forgot the name of, could save you. If you have an hour to practice and rehearse, take the entire hour.\n\nGeneral Subjects\n\nGS is playing the game for points, but the game is consistent dedication to clawing at a slightly higher score by practicing your PE\'s for the entire time allotted.\n\n&amp;amp;amp;#x200B;\n\n1. Air Operations -\n 1. Memorizing types of aircraft with their loads, personnel, landing space... the general pathfinder needs.\n 2. Pathfinder Ops \\- Included in Air Operations, the practical exercise portion memorizing comms with approaching aircraft, hands-on will teach you in person - the biggest challenge is memorizing the commands of adjusting flightpath of incoming airdrops. About half a page of scripted commands you send over the radio by memory.\n2. Memorization Practical Exercises \\- Do not stop practicing for any timeframe they allocate you.\n 1. UXO \\- No issue learning this in person. Fast notes. Practice identifying. Covers classification and method of delivery. Example being Anti Tank - High Explosive Anti Tank (HEAT). Anti-personnel - fragmentation handheld. Etc.\n 2. Foreign Weapons \\- Memorization by affiliation - naming a dozen foreign, mostly Russian rifles, antiaircraft guns, and machine guns.\n 3. Foreign weapon assembly/disassembly \\- 5 types of an AK, all the same basic parts but must identify the subtle differences (AK47, AK74, AK74U, etc). You disassemble and assemble for time. Practice for the entire time available to do so.\n3. Waterborne Ops \\- no issues, no written test\n 1. Boat test for rigging and lashing the transom, ruck loading, capsize drills. If we were graded for points, it was minuscule but were tested out pass-fail with a couple of rehearsal attempts and a graded attempt. My squad had no issue.\n4. Hauling \\- The most conceptual challenge of Sapper - most individual event no-go.\n 1. Building 2:1 redirect, 3:1 and 5:1 pulley systems to haul equipment.\n 2. Practice until you\'re sick of it, then do it again.\n 3. YOUTUBE THESE BEFOREHAND IF YOU DON\'T UNDERSTAND THE CONCEPT.\n 4. If they see you\'re good, prepare for the 5:1 system test-out.\n5. A-Frame \\- Most meticulously challenging squad event - squad pass/fail\n 1. Many squads cut losses on this, my squad did not, but we still missed the 20-minute window by 5 seconds.\n 2. Tip: The individuals that participate in the example keep the same role for the rest of GS. Don\'t let the "Strong Sapper" be the wraps and fraps leader (courdelletes tying the 2 pillars together at the joint to create the \'A\')\n6. One Rope Bridge \\- Easy points\n 1. Whoever is the position during the instructor example does not change for the rest of GS.\n 2. Smart sapper needs to be the bridge team commander (BTC) who ties the transport tightening system. All other positions can be anyone.\n7. Casualty Belay \\- Challenging, same approach as one rope bridge and A-frame.\n 1. \\\\\\Someone writes down how to stage the equipment and the exact equipment list for staging\\\\\\ carabiners have different tensile strengths for different sections of the belay.\n 2. Don\'t make the same sappers run all the events, the processes become a little jumbled and hazy come mountain to test out.\n 3. One person masters their part in their specific order of events. They don\'t change from the instructor-led example. Everyone writes their specific task down step by step.\n8. Prusik ascent \\- Pass-Fail\n 1. Set up a prusik ascent in 3 minutes (I think its 3min). You have copious amounts of time to practice.\n 2. Ask questions early, practice it again, and again, and again. Then be sick of doing it and do it again.\n9. Rappelling on Tower day \\- attention to detail keeps you from getting major minuses and you will be set. Hollywood and combat rappels, that use super 8, air traffic controller, super belay gadget, muntar hitch, and aussie. Timed and tested rappel seat with inspection (I wigged out and tied a granny.. minor minus). Timed and tested RMPI (rappel master personal inspection, very difficult to identify pebbles in pockets, minor minus). Then you will rig sked casualty belay during your mountain day.\n\nFrom a strategic standpoint, you can easily accrue 3 major minuses for safety violations if you misroute one of your dynamic ropes in the ATC/SBG, or enter the pit from an unauthorized side. Attention to detail10. Preparing your mermite meals dress-right-dress to standard in GS and part of patrol.\n11. Class leader delegates tasks. One squad unloads main meals and serves, one squad unloads fruits, desserts, juices, silverware, and distros to the place setting in formation, remaining squads hold 2 plates at a time and move through the line... everyone gets one item, all the same.\n12. My class could set 50 meals in 4 minutes.\n13. Demo \\- multiple choice\n 1. If you went to EBOLC, re-learn your demo week quizzes and tests. You will be set.\n 2. NCOs - link up with a 12B for their standard demolition testing, learn these calculations before showing up. They will include all your standard MSD (minimum safe distance) with and without blast blanket, some tricky NEW (net explosive weight) with caps, det cord, and blocks, the timing for time fuse and how much to cut, ribbon charges, and some others that confuse you on when to place what style charge because of the size of a bar, the material, or the location.\n\nPatrols\n\n1. Treat it like it\'s real. I can not stress this enough, more than any other aspect of patrols ten times over. Live in the moment, become insatiable from the act of treating everything like it\'s real. (Then when SI\'s leave, flip the script and run out to place the claymore).\n2. Recycles run this phase. Let them. Empower them and learn their special products - laminated folders that track equipment, personnel, and patrol base sectors of fire. This is PSG patrol base \'go.\'\n3. Grading\\- \\\\THIS IS ENTIRELY SPECULATION BASED ON RANGER SCHOOL\\\\Widely unknown but can assume its the ranger school style of 70%. They will never tell you though.. .. You must \'go\' 4/5 events, (or 5/7 if they want to help you out). The events you\'re graded on are never known, even after your evaluation in sapper, and an unbiased system should have them select the event before they know who they are grading. It does not work like this. Everything is written in pencil, until the day you tab. Never give them a reason to turn your good mission into a below the standard one. Graded events include, but are not limited to Patrol Base ops, react to contact, react to IDF, squad or platoon attack, reach to ambush near/far, ORP ops like ruck distribution plans, movement formation, communication (hand arm signal/coms with higher/gotwa distro), land navigation (one SI shift grades if you make it to OBJ, one SI shift will make you pinpoint within a 200-300 meter accuracy for a go), actions on objective, post actions on (mascal, casevac, ace, salute, epw search/clear, withdrawal) (this is a flimsy one, and I believe we admin endex\'d each mission in the interest of time for moving to the next mission. At night its white light to find your rucks. You don\'t leave ORP security, I believe there is a demolition application one you can be graded on as well. There are a dozen other grading points, but I just hit the major ones. You will get an AAR after your leadership day which in no way reflects your go/nogo from the tone of the review. A glowing AAR can still result in a nogo, always try your best on the next look.\n4. OPORD, know who is on what team\'s section of the OPORD. Do it once, learn from the critiques, write a copy of your product, and then rewrite it for test day. Shells made are okay, scripts are usually taken after use unless you take it back first. The SI\'s don\'t really care that much.\n5. I did not get to experience sapper school patrol base operations or priorities of work. I couldn\'t even tell you if they do POW in the patrol base. I went when it averaged single digits in the day and we were forbidden from sleeping on the ice/snow in the field. We had many hypothermia cases and equal amounts of heat casualties.\n\nPersonal Opinion for Success\n\n1. My final and best recommendation. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rallied by 2.43% on Tuesday. Reversing a 0.56% decline from Monday, Bitcoin ended the day at $9.402.0.\nIt was a bullish start to the day. Bitcoin rallied from an early morning intraday low $9,174.4 to an early afternoon intraday high $9,457.2.\nBitcoin broke through the major resistance levels before falling back to $9,340 levels.\nThe pullback saw Bitcoin fall through the third major resistance level at $9,358.03 before returning to $9,400 levels.\nResistance at $9,400 capped the upside late in the day.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Tuesday.\nTezos led the way, rallying by 9.29%.\nBitcoin Cash SV (+5.60%), Cardano’s ADA (+4.66%), Ethereum (+4.13%), Litecoin (+4.53%), also found strong support.\nBinance Coin (+1.43%), Bitcoin Cash ABC (+2.60%), EOS (+2.32%), Monero’s XMR (+0.68%), Ripple’s XRP (+2.53%), Stellar’s Lumen (+2.59%), and Tron’s TRX (+2.42%) trailed the front runners.\nAt the start of the week, the crypto total market cap fell to a Monday low $262.70bn before striking a Tuesday high $274.62bn. At the time of writing, the total market cap stood at $270.71bn.\nBitcoin’s dominance fell to a Monday low 63.20% before rising to a Tuesday high 64.08%. At the time of writing, Bitcoin’s dominance stood at 63.76%.\nAt the time of writing, Bitcoin was down by 0.30% to $9,373.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,402.1 to a low $9,373.9.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Monero’s XMR bucked the trend at the time of writing, rising by 0.03%.\nIt was bearish for the rest of the majors, with Tezos down by 1.60% to lead the way down.\nBitcoin would need to avoid a fall through the $9,345 pivot to support a run at the first major resistance level at $9,515.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,457.2.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,627 before any pullback.\nFailure to avoid a fall through the $9,345 pivot level would bring the first major support level at $9,232 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$9,100 levels. The second major resistance level sits at $9,062.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Opening, but Cautious Trade Late\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2020\n• US Stock Market Overview – Stock Close Mixed, Energy Rises and Technology Lags\n• Natural Gas Price Forecast – Natural Gas Markets Recover a Bit on Tuesday\n• USD/CAD Daily Forecast – Test Of Support At 1.3440\n• Bank of America Struggling To Hold Above March Low', 'Bitcoin, BTC to USD, rallied by 2.43% on Tuesday. Reversing a 0.56% decline from Monday, Bitcoin ended the day at $9.402.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $9,174.4 to an early afternoon intraday high $9,457.2. Bitcoin broke through the major resistance levels before falling back to $9,340 levels. The pullback saw Bitcoin fall through the third major resistance level at $9,358.03 before returning to $9,400 levels. Resistance at $9,400 capped the upside late in the day. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Tuesday. Tezos led the way, rallying by 9.29%. Bitcoin Cash SV (+5.60%), Cardano’s ADA (+4.66%), Ethereum (+4.13%), Litecoin (+4.53%), also found strong support. Binance Coin (+1.43%), Bitcoin Cash ABC (+2.60%), EOS (+2.32%), Monero’s XMR (+0.68%), Ripple’s XRP (+2.53%), Stellar’s Lumen (+2.59%), and Tron’s TRX (+2.42%) trailed the front runners. At the start of the week, the crypto total market cap fell to a Monday low $262.70bn before striking a Tuesday high $274.62bn. At the time of writing, the total market cap stood at $270.71bn. Bitcoin’s dominance fell to a Monday low 63.20% before rising to a Tuesday high 64.08%. At the time of writing, Bitcoin’s dominance stood at 63.76%. This Morning At the time of writing, Bitcoin was down by 0.30% to $9,373.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,402.1 to a low $9,373.9. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Monero’s XMR bucked the trend at the time of writing, rising by 0.03%. It was bearish for the rest of the majors, with Tezos down by 1.60% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,345 pivot to support a run at the first major resistance level at $9,515. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,457.2. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,627 before any pullback. Failure to avoid a fall through the $9,345 pivot level would bring the first major support level at $9,232 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$9,100 levels. The second major resistance level sits at $9,062. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Strong Opening, but Cautious Trade Late EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – July 22nd, 2020 US Stock Market Overview – Stock Close Mixed, Energy Rises and Technology Lags Natural Gas Price Forecast – Natural Gas Markets Recover a Bit on Tuesday USD/CAD Daily Forecast – Test Of Support At 1.3440 Bank of America Struggling To Hold Above March Low', 'Latvian state police said they had dismantled an organized cybercrime ring, seizing over 110,000 euros ($126,926) in cryptocurrencies from the alleged perpetrators.\n• Policesaid Monday they had confiscated110,000 euros-worth of bitcoin (BTC), ether (ETH), XRP and tether (USDT) from the group.\n• Additionally, over 12 raids they seized 280,000 euros ($323,084) and $37,000 in cash, 11 properties and three cars.\n• The gang is alleged to have engaged in “large-scale” money laundering from 2015 through 2020.\n• Officials arrested and charged three suspects with committing cyber fraud, procuring reams of private account data on the dark web, laundering money through gold and cryptocurrency, and targeting at least 1,000 victims around the world.\n• In a press statement, Latvian authorities declined to elaborate on the crime syndicate’s fraud tactics, saying that information was sensitive to the ongoing investigation.\n• Criminal proceedings began in late February, they said.\n• If convicted the suspects face three to 12 years in prison.\nRead more:The DOJ Wants to Hire a Crypto Crime Attorney Adviser\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring\n• Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring', 'Latvian state police said they had dismantled an organized cybercrime ring, seizing over 110,000 euros ($126,926) in cryptocurrencies from the alleged perpetrators. Police said Monday they had confiscated 110,000 euros-worth of bitcoin (BTC), ether (ETH), XRP and tether (USDT) from the group. Additionally, over 12 raids they seized 280,000 euros ($323,084) and $37,000 in cash, 11 properties and three cars. The gang is alleged to have engaged in “large-scale” money laundering from 2015 through 2020. Officials arrested and charged three suspects with committing cyber fraud, procuring reams of private account data on the dark web, laundering money through gold and cryptocurrency, and targeting at least 1,000 victims around the world. In a press statement, Latvian authorities declined to elaborate on the crime syndicate’s fraud tactics, saying that information was sensitive to the ongoing investigation. Criminal proceedings began in late February, they said. If convicted the suspects face three to 12 years in prison. Read more: The DOJ Wants to Hire a Crypto Crime Attorney Adviser Related Stories Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring', 'The Supreme People’s Court of China has said the country’s legal system should strengthen protections around digital currency ownership rights.\n• Published Wednesday, a newguidelinefrom the supreme court, under the section “Strengthening judicial protection for property and equity rights,” specifies that the legal system should enhance protections over new types of ownership rights such as digital currencies, online virtual assets and data.\n• While the court did not elaborate on details or provide a definition of “digital currencies,” the guideline comes at a time when there are rising numbers of legal disputes in China over the ownership of digital assets, including major cryptocurrencies likebitcoin (BTC)andether (ETH).\n• Previouslythere have beenlegal decisions Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $172,990,358,825 - Hash Rate: 124167138.542574 - Transaction Count: 364792.0 - Unique Addresses: 748958.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is looking to leap key resistance alongside a strong rally in gold. The top cryptocurrency by market value is trading around $9,300 at press time, according to CoinDesk’sBitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and June 22 highs. A sustained move past $9,330 would indicate an end of the bearish trend from the June 1 high of $10,429. While bitcoin has yet to restore the immediate bullish trend and is trading 50% below its record high of $20,000, gold has jumped to a nine-year high of $1,801 per ounce, as per data sourceTradingView. Related:23-Year-Old Who Lied to Bank About Bitcoin Holdings Pleads Guilty to Fraud The hedge asset now sits just 6% short of the lifetime high of $1,920 reached in September 2011. See also:First Mover: With Trading Volumes Slumping, Are There Too Many Crypto Exchanges? The precious metal is likely drawing bids due to negative real (inflation-adjusted) yields offered by the US bonds,as noted bypopular macro analyst Holger Holger Zschaepitz. As seen above, the real yield has declined from 0.3% to -0.73% over the past 3.5 months. During the same period, gold has rallied from $1,450 to $1,800. Essentially, gold is performing as an inflation hedge. Related:Start9 Labs Pitches a Private At-Home Server. And It Works Bitcoin also rallied from $3,867 to $10,400 in the two months leading up to its third reward halving on May 11. Since then, however, the rally has stalled and the cryptocurrency has failed multiple times to find a foothold above $10,000. More importantly, bitcoin’s correlation with the S&P 500 index has strengthened, denting its appeal as a safe-haven asset. Many analysts, however, remain optimistic about bitcoin’s long-term prospects. “In the BTC market, there is an increased institutional acceptance and awareness of the asset class which should bode well for long-term price appreciation. We’ve seen prominent organizations and figures such as [Paul Tudor Jones], JPMorgan, Fidelity, which are publicly involved in the market, yet this is just the tip of the iceberg,” said Stephen Stonberg, COO and CFO at Bittrex Global, a cryptocurrency exchange. Legendary hedge fund managerPaul Tudor Jones allocated1%-3% of his investment portfolio to bitcoin futures in May. ”Bitcoin volatility has been lower than that of traditional assets throughout this crisis; however, we would argue there is nothing traditional about equity markets and the traditional economy today,” Stongberg added. “In this ‘new normal,’ bitcoin starts to look appealing as a new asset class that is not subject to the constraints and money printing of central banks.” See also:Nearly $60M in Bitcoin Moved to Ethereum in June The U.S. Federal Reserve hasexpanded its balance sheetby more than $3 trillion since the beginning of the coronavirus crisis in early March. However, the unprecedented money printing and the resulting concerns over inflation have mainly benefited gold. It remains to be seen if bitcoin takes up its expected role as an inflation hedge in the long run. As for the next 24 hours or so, the focus is on the trendline resistance around $9,330. A strong move above that level would open the doors for $10,000. Alternatively, a move below the weekend low of $8,900 may invite stronger chart-driven selling. Disclosure:The author holds no cryptocurrency assets at the time of writing. • As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout • As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Last week\'s hack of over 100 very high-profile Twitter accounts did in fact expose the direct messages of many of those accounts, the company admitted today — including those of an elected official in the Netherlands, Geert Wilders. The attack saw numerous popular accounts of celebrities and politicians taken over and tweeting a very obvious Bitcoin scam that nevertheless seems to have netted at least six figures. Twitter said that a "coordinated social engineering attack" gave hackers "access to internal systems and tools." Verified users were also briefly prevented from tweeting (a change some welcomed). In tweets and an update to its blog post on the "security incident," Twitter said that "for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox." They are "actively working on communicating directly" with those accounts affected. We believe that for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox, including 1 elected official in the Netherlands. To date, we have no indication that any other former or current elected official had their DMs accessed. — Twitter Support (@TwitterSupport) July 22, 2020 Twitter had declined to say in the immediate aftermath of the attack whether DMs had been accessed by the hackers. Twitter\'s messaging system is infamously not well encrypted but it was not clear whether the administrative tool reportedly used by the attackers offered access to inboxes. A hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam Apparently whatever method was used, it gave access to DMs some of the time, or perhaps the hackers simply didn\'t avail themselves of the opportunity for the remaining 94 accounts they took over. It\'s not really clear from Twitter\'s announcement. Twitter has previously said that it has "no evidence" that passwords were accessed by the hackers, and nothing in the update contradicts that. The company attempted to place a silver lining on this cloud, saying it had "no indication that any other former or current elected official had their DMs accessed." Considering the accounts of Barack Obama and Joe Biden were among those affected, that is technically good news. This is almost certainly not the last we\'ll hear from Twitter on this disturbing security breach.', 'Last week\'s hack of over 100 very high-profile Twitter accountsdid in fact expose the direct messages of many of those accounts, the company admitted today — including those of an elected official in the Netherlands, Geert Wilders.\nThe attack saw numerous popular accounts of celebrities and politicians taken over and tweeting a very obvious Bitcoin scam that nevertheless seems to have netted at least six figures.Twittersaid that a "coordinated social engineering attack" gave hackers "access to internal systems and tools." Verified users were also briefly prevented from tweeting (a change some welcomed).\nIn tweets and anupdate to its blog poston the "security incident," Twitter said that "for up to 36 of the 130 targeted accounts, the attackers accessed the DM inbox." They are "actively working on communicating directly" with those accounts affected.\nTwitter had declined to say in the immediate aftermath of the attack whether DMs had been accessed by the hackers. Twitter\'s messaging system is infamously not well encrypted but it was not clear whether the administrative tool reportedly used by the attackers offered access to inboxes.\nA hacker used Twitter’s own ‘admin’ tool to spread cryptocurrency scam\nApparently whatever method was used, it gave access to DMs some of the time, or perhaps the hackers simply didn\'t avail themselves of the opportunity for the remaining 94 accounts they took over. It\'s not really clear from Twitter\'s announcement. Twitter has previously said thatit has "no evidence" that passwords were accessedby the hackers, and nothing in the update contradicts that.\nThe company attempted to place a silver lining on this cloud, saying it had "noindication that any other former or current elected official had their DMs accessed." Considering the accounts of Barack Obama and Joe Biden were among those affected, that is technically good news.\nThis is almost certainly not the last we\'ll hear from Twitter on this disturbing security breach.', 'NEW YORK, NY / ACCESSWIRE / July 22, 2020 / BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the exclusive primary listing of Swingby ($SWINGBY) on July 24th at 10:00 a.m. EDT. As the first platform to list Swingby, BitMax will facilitate a public sale on behalf of the project with a total allocation of 8,000,000 tokens on July 23 rd at 9:00 a.m. EDT. The public sale will be conducted via a novel "auction" mechanism which will allow users to determine the fair value of tokens by placing bids between 400 USDT and 550 USDT to win a tranche of 20,000 SWINGBY, indicating a price range of 0.020 - 0.025 USDT per token. With regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, notes: "The BitMax.io team has been working closely with the Swingby team to structure a creative go-to-market strategy for the past 6 months. We are very excited about the project\'s innovative cross-chain swap protocol and believe the industry\'s recent enthusiasm for DeFi projects will help boost further community adoption for Swingby." BitMax.io\'s recent listings have achieved promising return on investment ("ROI") for BitMax.io users with RiveX ($RVX), xDai STAKE ($STAKE), FIO Protocol ($FIO), and Orion Protocol ($ORN) all currently trading at an average of 9x relative to their opening prices. About BitMax.io Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions. For more information and updates, please visit: Website: https://bitmax.io/ Twitter: https://twitter.com/BitMax_Official Telegram: https://t.me/BitMaxioEnglishOfficial Story continues About Swingby Swingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology. For more information and updates, please visit: Website: https://swingby.network/ Twitter: https://twitter.com/SwingbyProtocol Telegram: https://t.me/swingby [email protected] Bella Long +1 (917) 379-8248 SOURCE: BitMax View source version on accesswire.com: https://www.accesswire.com/598578/BitMaxio-Announced-the-Exclusive-Primary-Listing-of-Swingby-with-Auction', 'NEW YORK, NY / ACCESSWIRE / July 22, 2020 /BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the exclusive primary listing of Swingby ($SWINGBY) on July 24th at 10:00 a.m. EDT.\nAs the first platform to list Swingby, BitMax will facilitate a public sale on behalf of the project with a total allocation of 8,000,000 tokens on July 23rdat 9:00 a.m. EDT. The public sale will be conducted via a novel "auction" mechanism which will allow users to determine the fair value of tokens by placing bids between 400 USDT and 550 USDT to win a tranche of 20,000 SWINGBY, indicating a price range of 0.020 - 0.025 USDT per token.\nWith regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, notes: "The BitMax.io team has been working closely with the Swingby team to structure a creative go-to-market strategy for the past 6 months. We are very excited about the project\'s innovative cross-chain swap protocol and believe the industry\'s recent enthusiasm for DeFi projects will help boost further community adoption for Swingby."\nBitMax.io\'s recent listings have achieved promising return on investment ("ROI") for BitMax.io users with RiveX ($RVX), xDai STAKE ($STAKE), FIO Protocol ($FIO), and Orion Protocol ($ORN) all currently trading at an average of 9x relative to their opening prices.\nAbout BitMax.io\nLaunched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.\nFor more information and updates, please visit:\nWebsite:https://bitmax.io/Twitter:https://twitter.com/BitMax_OfficialTelegram:https://t.me/BitMaxioEnglishOfficial\nAbout Swingby\nSwingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology.\nFor more information and updates, please visit:\nWebsite:https://swingby.network/Twitter:https://twitter.com/SwingbyProtocolTelegram:https://t.me/[email protected] Long+1 (917) 379-8248\nSOURCE:BitMax\nView source version on accesswire.com:https://www.accesswire.com/598578/BitMaxio-Announced-the-Exclusive-Primary-Listing-of-Swingby-with-Auction', "Apple Inc (NASDAQ: AAPL ) co-founder Steve Wozniak is suing Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) subsidiary YouTube LLC, alleging his name and likeness was used for a Bitcoin giveaway scam, Bloomberg reported Wednesday. What Happened Scammers reportedly used both the image\xa0and video of Wozniak to get the users of\xa0video streaming plat Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $172,990,358,825 - Hash Rate: 117268964.179098 - Transaction Count: 336245.0 - Unique Addresses: 696765.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: An index of 50 low-capitalization cryptocurrencies, the so-called Shitcoin Index , is up 114% so far this year. Launched in 2019 by FTX, the index was trading at an all-time high of $1,065 Monday after making all-time highs for the past three consecutive trading days. The novel futures product has outperformed bitcoin by 88 percentage points this year. Wednesday marked the first trading day the index closed above $1,000. September futures continue to trade in mild backwardation (at a discount) to perpetual futures. Daily trading volumes are low, staying below $10 million for the past month, but open interest, or the total value of contracts not yet settled, grew 43% over the past week, according to CoinGecko data. “Over the past month the ‘Robinhood Rally’ seems to have made its way into crypto, with popular and /or lower-cap coins running up while their respective market leaders stay quiet,” said Sam Bankman-Fried, CEO of FTX, the exchange that launched the index futures in August 2019. The index includes 50 low-cap cryptocurrencies including grin, theta, bitcoin gold, nano and ardor. Related Stories Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High Vulgar Crypto Index (Rhymes With ‘Bitcoin’) Hits All-Time High... - Reddit Posts (Sample): [['u/ndroftheline', 'Can people test and confirm this - gaming just works on Mining GPU in Pop_OS 20.04', 33, '2020-07-23 00:31', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/', 'Reposting here because moderators removed it from /r/gaming (unclear why, I\'ve asked on the form)\n\nI bought a really inexpensive P106 gaming GPU from Taobao, it\'s one of the super low-end P106-090 jobs. Threw it in a spare Haswell-generation mini ITX build I\'ve just upgraded from. Installed Pop\\_OS 20.04...and started playing, immediately, with no setup. My whole desktop (including all apps and games) are being rendered on the P106, and the video signal is coming through the iGPU outputs (right now I happen to be using a VGA output). Getting solid 60-100fps framerates in all the Linux-native games I\'ve tried (sometimes having to tinker with quality settings), and a good handful of the Windows-only games I\'ve tried. Unigine Heaven getting \\~1100 score on Extreme preset.\n\nBut the key thing is I\'m getting what seems like 85% (?) of a GTX 1060 gaming experience using a $30 mining card...and I didn\'t have to faff around with "hacking" drivers or anything. It\'s literally an out of the box gaming experience; Pop\\_OS\' hybrid graphics functionality just make it work immediately.\n\nI\'m sort of pinching myself, not sure if I just got lucky with some random alignment of firmware versions, which I didn\'t attempt to do at all. Can other owners of similar equipment test this, just install Pop\\_OS 20.04 and see if, for example, Unigine Heaven renders using the P106 out of the box?\n\nThanks and game on!\n\naddendum1: \n\n/r/gaming moderator\'s reply: "The bit about mining was a red flag about bitcoin mining, but reading through the post seems to be not about that. Soooo just approved that for ya." so this is now a duplicate of that post, sorry', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/', 'hw3pfg', [['u/YanderMan', 12, '2020-07-23 01:54', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyxf34o/', 'How did you actually set it up? Are you implying that PopOS actually recognized the headless card and re-routed the signal to your iGPU by itself?', 'hw3pfg'], ['u/gardotd426', 11, '2020-07-23 02:06', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyxgf9w/', 'I\'m actually rather shocked. \n\nI recall a somewhat (time is meaningless at this point) LTT video where they got one of those mining cards with no outputs and tried to run it on Windows, couldn\'t get the driver "hack" working right, and then tried it on Linux and were able to play some games with it, but it wasn\'t quite as smooth or performant as what you\'re describing. Come to think of it, they also did that with a weird Chinese motherboard that had an integrated onboard GTX 1060 or something like that, and did the same thing, tried Windows fist, no dice, went to Linux. \n\nSo it seems like it\'s no surprise that it "works," but I\'m surprised it works so well, so easily. But I don\'t think anything about it sounds that crazy.', 'hw3pfg'], ['u/ndroftheline', 10, '2020-07-23 05:25', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyy0yi0/', 'yes, entirely by itself. i did nothing on purpose.', 'hw3pfg'], ['u/viboc', 10, '2020-07-23 09:51', 'https://www.reddit.com/r/linux_gaming/comments/hw3pfg/can_people_test_and_confirm_this_gaming_just/fyykmqs/', 'Can we stop spreading misinformation about Nvidia drivers? I dislike the company as well but their drivers are solid and no longer than 4 years ago Nvidia was the only option if you wanted gaming on Linux. Also, the fact that mining cards work for desktop use with no restrictions is more than just "nice".', 'hw3pfg']]], ['u/liferemixed', '[Verzuz Game Thread] DMX vs Snoop Dogg', 597, '2020-07-23 02:19', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/', "Another great night of rap battles, let's go. DMX started with an amazing prayer.\n\nhttps://www.instagram.com/verzuztv/live/ \n\nApple music tracklist: https://music.apple.com/us/playlist/dmx-vs-snoop-dogg/pl.u-2506u21qmm \n\nVOD https://www.youtube.com/watch?v=BTCSsml_A4s", 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/', 'hw5k5p', [['u/Iotatl', 22, '2020-07-23 02:20', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxhwdg/', 'DMX HAS BEEN EATING GOOD I SEE', 'hw5k5p'], ['u/DPZ1156', 28, '2020-07-23 02:25', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxii05/', 'Snoop is vibing so hard to X’s music lmao, hes lovin this', 'hw5k5p'], ['u/harzee', 228, '2020-07-23 02:35', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjjkt/', 'I can’t believe the lack of interest for this in this subreddit. Absolutely pathetic. These are two goats going back n forth right now', 'hw5k5p'], ['u/gypsysiren11', 59, '2020-07-23 02:35', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjl6k/', 'This shit should be on the front page, two legends right here\n\nScore: 11-9 Snoop final.', 'hw5k5p'], ['u/yaboyjiggleclay', 87, '2020-07-23 02:38', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjvco/', 'These kids are too young that’s why. 93-98 era rap was UNMATCHED tbh', 'hw5k5p'], ['u/yaboyjiggleclay', 27, '2020-07-23 02:39', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxjz8h/', 'I HATE how DMX only plays his record for like 30 seconds. He needs to let it ride out a little longer.', 'hw5k5p'], ['u/2e7en_', 36, '2020-07-23 02:42', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkbg6/', 'he can barely stand for that long dont make the man pass out on us like that.', 'hw5k5p'], ['u/whalestick', 14, '2020-07-23 02:43', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkdi1/', 'Man can barely get the 30 seconds out by the sound of it', 'hw5k5p'], ['u/2e7en_', 52, '2020-07-23 02:43', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkdkq/', 'this sub is like 80% teen nathans, what you expect.', 'hw5k5p'], ['u/supah015', 34, '2020-07-23 02:45', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkkk6/', "It's just age dude. Not that bad. I'm loving this though.", 'hw5k5p'], ['u/brandnameb', 17, '2020-07-23 02:45', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxkm04/', "Man DMX gained weight. I'm happy lol", 'hw5k5p'], ['u/yaboyjiggleclay', 11, '2020-07-23 02:49', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl1wv/', 'Snoop’s No Limit albums suck but he had some bangers on them. Personal favs with “Bitch Please” & “Down 4 My Niggaz”', 'hw5k5p'], ['u/fanofsports12', 10, '2020-07-23 02:51', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl78n/', 'automatic W by DMX that round', 'hw5k5p'], ['u/mrpoodles11', 27, '2020-07-23 02:51', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxl8e1/', 'This has been fun as fuck. DMX has lost a step for sure but snoop is ducking awesome. And DMX still hilarious.', 'hw5k5p'], ['u/I_am_gettys', 27, '2020-07-23 02:55', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxlpxc/', 'Better than him being on crack still. Good for him.', 'hw5k5p'], ['u/Mig1997', 10, '2020-07-23 02:59', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxm3na/', 'Who would even match his catalogue? Jay?', 'hw5k5p'], ['u/Mig1997', 13, '2020-07-23 03:00', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxm7x8/', 'I love Tha Shiznit\n\n\nBUT GET IT ON THE FLOOR WAS THE ONE', 'hw5k5p'], ['u/Mig1997', 18, '2020-07-23 03:07', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxmwqv/', 'What These Bitches Want is another automatic dub. Lord have mercy', 'hw5k5p'], ['u/yaboyjiggleclay', 16, '2020-07-23 03:08', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxn00p/', 'Y’all was shortchanging X don’t think I ain’t see that. He has bangers', 'hw5k5p'], ['u/katsu11', 37, '2020-07-23 03:08', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxn1ku/', "There was Brenda, LaTisha, Linda, Felicia (okay)\nDawn, LeShaun, Ines, and Alicia (ooh)\nTeresa, Monica, Sharron, Nicki (uh-huh)\nLisa, Veronica, Karen, Vicky (damn)\nCookies, well I met her in a ice cream parlor (aight?)\nTonya, Diane, Lori and Carla (okay)\nMarina (uh) Selena (uh) Katrina (uh) Sabrina (uh)\nAbout three Kim's (what?) LaToya, and Tina (WHOO!)\nShelley, Bridget, Cavi, Rasheeda (uh-huh)\nKelly, Nicole, Angel, Juanita (damn!)\nStacy, Tracie, Rohna, and Ronda (what?)\nDonna, Ulanda (what?) Tawana, and Wanda (what?)", 'hw5k5p'], ['u/CoweedandCannibus', 13, '2020-07-23 03:13', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxniwo/', 'What are the chances DMX plays Go To Sleep?', 'hw5k5p'], ['u/BookerTeet', 135, '2020-07-23 03:14', 'https://www.reddit.com/r/hiphopheads/comments/hw5k5p/verzuz_game_thread_dmx_vs_snoop_dogg/fyxnmp1/', 'Dmx - “usually when I performed that song my shirt would come off but it ain’t coming off today. You see the situation”\n\nSnoop - “lmf... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following on from a 1.65% rally on Wednesday, Bitcoin ended the day at $9,615.0. It was a bearish first half of the day. Bitcoin fell to an early afternoon intraday low $9,475.0 before making a move. Steering clear of the first major support level at $9,361, Bitcoin rallied to a late afternoon intraday high $9,685.4. Bitcoin came within range of the first major resistance level at $9,698.4 before falling back to sub-$9,600 levels. Finding late support, however, Bitcoin moved back through to $9,600 levels to deliver the upside on the day. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin and Ethereum rallied by 3.64% and by 4.31% respectively to lead the way. Bitcoin Cash SV (+0.02%), Cardano’s ADA (+0.38%), Monero’s XMR (+2.54%), Ripple’s XRP (+2.30%), Stellar’s Lumen (+0.88%), and Tezos (+2.54%) also found support. Bitcoin Cash ABC (-0.48%), EOS (-0.43%), Litecoin (-0.18%), and Tron’s TRX (-0.48%) bucked the trend on the day. In the current week, the crypto total market cap fell to a Monday low $262.70bn before rising to a Thursday high $286.03bn. At the time of writing, the total market cap stood at $281.11n. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Thursday low 62.47. At the time of writing, Bitcoin’s dominance stood at 62.93%. This Morning At the time of writing, Bitcoin was down by 0.24% to $9,592.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,615.5 to a low $9,585.7. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was another mixed start to the day. At the time of writing, Binance Coin was up by 0.04% to buck the trend. Story continues It was a bearish start for the rest of the majors, with Tezos down by 1.36% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $9,592 pivot to support a run at the first major resistance level at $9,709. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,685.4. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,802.2 before any pullback. Failure to avoid a fall back through the $9,592 pivot level would bring the first major support level at $9,500 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of sub-$9,300 levels. The second major resistance level at $9,381.4 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Pull Back US Stocks Market Overview – Stocks Drop Led Down by Technology Twitter Q2 Revenue Falls 19% But Daily Monetizable Users Jump to Record 186 Million; Target Price $43 Oil Tries To Stay Above The Key Support Level At $41.50 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strong Over 10909.75, Weak Under 10708.25 European Equities: Private Sector PMIs and Geopolitics in Focus', 'Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following on from a 1.65% rally on Wednesday, Bitcoin ended the day at $9,615.0.\nIt was a bearish first half of the day. Bitcoin fell to an early afternoon intraday low $9,475.0 before making a move.\nSteering clear of the first major support level at $9,361, Bitcoin rallied to a late afternoon intraday high $9,685.4.\nBitcoin came within range of the first major resistance level at $9,698.4 before falling back to sub-$9,600 levels.\nFinding late support, however, Bitcoin moved back through to $9,600 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBinance Coin and Ethereum rallied by 3.64% and by 4.31% respectively to lead the way.\nBitcoin Cash SV (+0.02%), Cardano’s ADA (+0.38%), Monero’s XMR (+2.54%), Ripple’s XRP (+2.30%), Stellar’s Lumen (+0.88%), and Tezos (+2.54%) also found support.\nBitcoin Cash ABC (-0.48%), EOS (-0.43%), Litecoin (-0.18%), and Tron’s TRX (-0.48%) bucked the trend on the day.\nIn the current week, the crypto total market cap fell to a Monday low $262.70bn before rising to a Thursday high $286.03bn. At the time of writing, the total market cap stood at $281.11n.\nBitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Thursday low 62.47. At the time of writing, Bitcoin’s dominance stood at 62.93%.\nAt the time of writing, Bitcoin was down by 0.24% to $9,592.0. A bearish start to the day saw Bitcoin fall from an early morning high $9,615.5 to a low $9,585.7.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was another mixed start to the day. At the time of writing, Binance Coin was up by 0.04% to buck the trend.\nIt was a bearish start for the rest of the majors, with Tezos down by 1.36% to lead the way down.\nBitcoin would need to avoid a fall back through the $9,592 pivot to support a run at the first major resistance level at $9,709.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $9,685.4.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,802.2 before any pullback.\nFailure to avoid a fall back through the $9,592 pivot level would bring the first major support level at $9,500 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer well clear of sub-$9,300 levels. The second major resistance level at $9,381.4 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Markets Pull Back\n• US Stocks Market Overview – Stocks Drop Led Down by Technology\n• Twitter Q2 Revenue Falls 19% But Daily Monetizable Users Jump to Record 186 Million; Target Price $43\n• Oil Tries To Stay Above The Key Support Level At $41.50\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strong Over 10909.75, Weak Under 10708.25\n• European Equities: Private Sector PMIs and Geopolitics in Focus', 'Apple Inc.(NASDAQ:AAPL) is\xa0reportedly delaying the annual fall event, where it\'s widely expected to launch 5G compatible\xa0iPhones,\xa0to late October or November.\nWhat Happened:The new iPhone 12 series, equipped with 5G wireless technology, is delayed due to manufacturing delays related to the novel coronavirus (COVID-19) pandemic, Fox Businessreported, citing areportfrom Japanese publication Mac Otakara.\nApple is expected to launch four varients of the iPhone 12.\xa0 According to Mac Otakara, the\xa0LTE \u200cmodels will be released first in October, followed by 5G models in November.\nWhy It Matters:Apple was previously reported to be pushing its suppliers to speed up production in order to avoid a delay in the launch of the new iPhone models. MacRumors noted the company may still chose to unveil the series in September, but delay the actual launch to November.\nWedbush analyst Daniel Ives said last month that a " major 5G cycle\xa0was on the horizon" for Apple, with 350 million devices in an upgrade window.\xa0According to Ives, the Cupertino-based company\xa0is likely to keep to the schedule, and launch the iPhones ahead of the holiday season in October.\nPrice Action\nApple shares closed 4.5% lower at $371.38 on Thursday. The shares traded about 0.3% higher\xa0in the after-hours session.\nSee more from Benzinga\n• Apple\'s Steve Wozniak Sues YouTube Alleging Inaction On Bitcoin Fraud\n• Comcast\'s Peacock Streaming Service Saw 1.5M App Downloads In 6 Days Of Launch: Report\n• Tesla Cybertruck And SpaceX Starship To Use A New Alloy, Musk Reveals\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Alphabet Inc\x92s (NASDAQ: GOOGL ) (NASDAQ: GOOG ) video streaming service YouTube filed a motion this week to dismiss a lawsuit brought on by blockchain startup Ripple and its CEO Brad Garlinghouse, the Block reported . What Happened The San Francisco-based startup and Garlinghouse had sued YouTube in April, complaining that the platform didn\'t stop scammers from posting videos related to a cryptocurrency giveaway scam that used the Ripple CEO\x92s likeness. YouTube is citing Section 230 of the U.S. Communication Decency Act, which gives social media platforms immunity against content posted by third parties, the Block noted. The Alphabet subsidiary, in its motion to dismiss, said it didn\'t\xa0"orchestrate or participate in that scam, and after being notified about fraudulent content posted by the hijacked accounts, YouTube removed it.\x94 President Donald Trump had signed an executive order in May,\xa0targetting\xa0social media networking, with regards to content posted on the platforms, after entering into a spat with Twitter over the moderation of his tweets. Why It Matters Apple Inc. (NASDAQ: AAPL )\xa0co-founder Steve Wozniak, along with 17 others, also sued the Alphabet run streaming website for similar reasons\xa0on Wednesday. The lawsuit claimed Microsoft Corporation (NASDAQ: MSFT ) co-founder Bill Gates and Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk\x92s likeness had\xa0also been used by cryptocurrency scammers to defraud YouTube\'s audience. Musk, Gates, and other high-profile users were also targetted in a similar cryptocurrency giveaway scam on Twitter Inc\x92s (NYSE: TWTR ) platform last week, except this time, their personal veri Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $175,307,524,616 - Hash Rate: 138825759.064961 - Transaction Count: 369432.0 - Unique Addresses: 740460.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Australians can now pay for their bitcoin at outlets of one of the country’s oldest organizations, its postal service. In a collaborative effort between Australia Post and Bitcoin.com.au, customers will now be able to use the Post Billpay feature to purchase bitcoin and other cryptocurrencies at over 3,500 post office shops across the country. AusPost confirmed the news to CoinDesk via email on Friday. Related: The postal service will accept cash and card payments for digital currency purchases made via Bitcoin.com.au, a cryptocurrency exchange based in Cremorne, Victoria. See also: Kraken Launches Crypto Exchange Service in Australia “This is a major milestone for digital currency in Australia and around the world. It proves that there are established businesses and organizations that want to learn about new technologies by doing, and not by blocking,” said the exchange’s CEO, Holger Arians. Australia Post, formerly Postmaster’s General Department, is one of the country’s longest-running organizations, established as a private entity in 1809 with former convict Issac Nichols appointed as its first postmaster. Related: Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K “Australia Post has for a long time played an important role in the community to make services accessible to all,” said Susan Nicholson, AusPost’s head of business and government financial services. “Post Billpay has been one of Australia’s most trusted bill payment methods for over 20 years, and we’re pleased to now provide the ability for bitcoin bills to be paid at a post office, which will come with a product enhancement that offers ID verification and real-time bill payment confirmation back to the biller.” See also: Australian Woman Charged With Unlawfully Exchanging Over $3M in Crypto According to the Australian Taxation Office, between 500,000 and 1 million residents of the country already own crypto assets. Bitcoin.com.au said it hopes to increase that number via its new collaboration. “Our mission is to make bitcoin safe and easy for every Australian”, Arians added. “For many people, paying for bitcoin at an Australia Post office feels safer than transferring funds online – particularly for first-time buyers.” Related Stories Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets Australia Post Now Lets Customers Pay for Bitcoin at Over 3,500 Outlets View comments... - Reddit Posts (Sample): [['u/[deleted]', 'NANO is better than BTC but is never going to be appreciated.', 31, '2020-07-24 05:27', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/', "This is the end of the line guys. I'm not fudding and I love this project, but there is no more room for denial.\n\nIts sinking fast, there are no more huge milestones, the dev fund is about to run out, a lawsuit is around the corner, and we are going to drop out of the top 100 soon.\n\nSometimes you do everything right and it still doesn't work out. This is one of those times.\n\nI'm sure if you have very little money in nano you'd prefer to sink with the ship, but for anyone else, its time to move on.\n\nI'd bet my life this coin will never see over $5 again. \n\nDown vote if you must, but with the current evolution of the industry, this will be a giant that failed to get its legs. \n\nSold and am happy that I did. Feels liberating to know I'm not deluding myself anymore. Plenty of more lucrative projects to invest in guys.", 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/', 'hwucqy', [['u/dontlikecomputers', 29, '2020-07-24 06:18', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz239w6/', "It's OK to feel that way if you just look at what you can sell it for right now. I think if you look to the Bitcoin whitepapers introduction, you will see the main reason Bitcoin was invented, its competitive advantage, was for low cost transactions.\n\n.......the inherent weaknesses of the trust based model.\nCompletely non-reversible transactions are not really possible, since financial institutions cannot\navoid mediating disputes. The cost of mediation increases transaction costs, limiting the\nminimum practical transaction size and cutting off the possibility for small casual transactions,\nand there is a broader cost in the loss of ability to make non-reversible payments for nonreversible services. With the possibility of reversal, the need for trust spreads. Merchants must\nbe wary of their customers, hassling them for more information than they would otherwise need.\nA certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties\ncan be avoided in person by using physical currency, but no mechanism exists to make payments\nover a communications channel without a trusted party.\n\n\n Bitcoin solved that problem, for a few years. Bitcoin is no longer competitive based on fundamentals. Like Gold, it will remain as a legacy asset but will not flourish. Nano solves the problem permanently. I don't like leaving money on the table when I transact, so I will continue to support nano while it works, and is the easiest way to pay on the internet.", 'hwucqy'], ['u/datalossy', 56, '2020-07-24 06:21', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz23k85/', 'alright boys, he sold. commence 3 year bull market pumpage', 'hwucqy'], ['u/bovine_blue', 10, '2020-07-24 08:20', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2db1e/', "Suicide booths according to this comment\n\n>I'd bet my life this coin will never see over $5 again.", 'hwucqy'], ['u/1MightBeAPenguin', 15, '2020-07-24 10:46', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2mnx8/', "I'm not a strong Nano supporter, nor am I a frequent browser of this sub, but I don't think you should get discouraged too quickly...\n\nWhenever I think about a crypto potentially going towards $0, I remind myself of a few things. The first of these being that crypto adoption will always increase (as more people get to join the ecosystem and learn more about how Bitcoin and other cryptocurrencies work). Though these effects may not be seen in the short term, they will be seen in the long term. The second thing I see with Nano is that the more the community grows, the more people are involved in the project, and the more the growth potential.\n\nDon't be discouraged because of price action, or the fact that the project may seem dead now. That can and will change in the future. I personally think that Nano has a lot going for it, and it's just a matter of a waiting game. Since demand for cryptocurrencies in general will increase, Bitcoin will face more transaction activity, causing congestion within the network. Eventually, Core will have to hard-fork, but they're likely not to, giving a great opportunity to something like Nano.\n\nI guess what I'm saying is don't lose faith yet. There's still time... :)", 'hwucqy'], ['u/twatgoblin', 11, '2020-07-24 13:16', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz2vxly/', 'You’re responding to a (shitty) bot', 'hwucqy'], ['u/Qwahzi', 22, '2020-07-24 14:54', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz33pt9/', "Bitcoin has died 381 times:\n\nhttps://99bitcoins.com/bitcoin-obituaries/\n\nEvery time Bitcoin fees skyrocket, a few more people find Nano. It's good that you did your research and sold, but I'm going down with the ship. Having zero fee, near instant transactions is always useful, even if it remains a niche", 'hwucqy'], ['u/Qwahzi', 10, '2020-07-24 14:56', 'https://www.reddit.com/r/nanotrade/comments/hwucqy/nano_is_better_than_btc_but_is_never_going_to_be/fz33uis/', 'I think Penguin is saying that BTC will not raise the block size, meaning that Bitcoin fees will increase over time, driving more people to Nano', 'hwucqy']]], ['u/AutoModerator', '[Daily Discussion] Friday, July 24, 2020', 41, '2020-07-24 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/', 'hwuwr3', [['u/Richyboy33', 19, '2020-07-24 08:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2fig6/', "Well I'm back, from another ban - this time 14days, for calling someone out who called me a retard. Classic.\n\nOriginal Prediction from March - [https://www.tradingview.com/i/XWh8Wbnx/](https://www.tradingview.com/i/XWh8Wbnx/)\n\nAs of Last Month - [https://www.tradingview.com/i/dAH5KXzK/](https://www.tradingview.com/i/dAH5KXzK/)\n\nCurrent Situation - [https://www.tradingview.com/i/gdCOrggd/](https://www.tradingview.com/i/gdCOrggd/)\n\nChart wise as you can see we failed multiple times to breakthrough the old rising wedge support turned resistance line. We then formed a tight sym triangle before having our recent break up.\n\nOnce again of course we're being rejected by the ATH resistance line. This shouldn't come as a surprise to anyone at this point. Would imagine that should we close the daily below the 9450 region, then we'll be heading back down to try and find support on the daily 20EMA - the 9300 area.\n\nTo the upside I would love to see us close a daily above 9800 and then have the next daily tick higher, that happens i'd be very confident of a push to 10k and then the final big push to 10,500. Which at the moment, is the biggest hurdle Bitcoin has.\n\nFor now though nothing changes at all really. We all got excited with this move due to the extremely low volatility of recent weeks but in reality, until we get back into the 9800 area and close there then none of this is really much to speak of.\n\nI personally don't think we'll be breaking up at the moment though. Can see us coiling up over the coming weeks long into August until we either break up or down. The break up certainly is the more likely but and it's a big but, the economic situation coupled with the likelihood of a strong second wave of the Coronavirus could quite easily give us another crash back down.\n\nJust don't be too surprised to see us go down from here, we could easily fall to the green support line around 9150 and still be healthy. I don't think many people in here would be healthy from it considering that all I'm seeing are predictions of new ATHs within a month.", 'hwuwr3'], ['u/BullRun03', 10, '2020-07-24 09:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2hhei/', "I give it 3-4 posts this time. You can't contain yourself.", 'hwuwr3'], ['u/ILikeToSayHi', 18, '2020-07-24 10:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2lorr/', 'Thanks for the valuable input', 'hwuwr3'], ['u/hypn0t04d', 12, '2020-07-24 13:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hwuwr3/daily_discussion_friday_july_24_2020/fz2y90x/', '... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.58% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $9,559.1. It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse. Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+2.24%), Ethereum (+1.46%), and Tron’s TRX (+0.16%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Tezos slid by 5.00% to lead the way down. Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripple’s XRP (-2.07%), and Stellar’s Lumen (-2.98%) also struggled. Bitcoin Cash ABC (-0.55%), Cardano’s ADA (-1.78%), Litecoin (-1.82%), and Monero’s XMR (-1.74%) saw relatively modest losses. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoin’s dominance stood at 62.76%. This Morning At the time of writing, Bitcoin was up by 0.10% to $9,568.6. A bullish start to the day saw Bitcoin rise from an early morning low $9,559.0 to a high $9,572.5 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.22%), Bitcoin Cash SV (-0.19%), and Monero’s XMR (-0.04%) saw red to buck the trend early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,558 pivot to support a run at the first major resistance level at $9,646. Support from the broader market would be needed, however, for Bitcoin to break back through to $9,600 levels. Barring an extended crypto rally, the first major resistance level and Friday high $9,644 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,732 before any pullback. Failure to avoid a fall through the $9,558 pivot level would bring the first major support level at $9,471 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,383. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Makets Continue to Show Strength S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention Gold Price Prediction – Prices Rise and are Poised to Test All-time Highs U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data Silver Price Forecast – Silver Markets Continue to Look Overbought Silver Weekly Price Forecast – Silver Markets Continue to Show Strength After Major Breakout', 'Bitcoin, BTC to USD, fell by 0.58% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $9,559.1. It was a bearish start to the day. Bitcoin fell to a mid-morning intraday low $9,469.7 before making a move. The pullback saw Bitcoin fall through the first major support level at $9,498.20. Finding support through the afternoon, Bitcoin rallied to a late intraday high $9,644.0 before hitting reverse. Falling short of the first major resistance level at $9,708.6, Bitcoin fell back to sub-$9,600 levels to end the day in the red. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+2.24%), Ethereum (+1.46%), and Tron’s TRX (+0.16%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Tezos slid by 5.00% to lead the way down. Bitcoin Cash SV (-2.47%), EOS (-1.99%), Ripple’s XRP (-2.07%), and Stellar’s Lumen (-2.98%) also struggled. Bitcoin Cash ABC (-0.55%), Cardano’s ADA (-1.78%), Litecoin (-1.82%), and Monero’s XMR (-1.74%) saw relatively modest losses. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Thursday high $286.03bn. At the time of writing, the total market cap stood at $280.82bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Friday low 62.46%. At the time of writing, Bitcoin’s dominance stood at 62.76%. This Morning At the time of writing, Bitcoin was up by 0.10% to $9,568.6. A bullish start to the day saw Bitcoin rise from an early morning low $9,559.0 to a high $9,572.5 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.22%), Bitcoin Cash SV (-0.19%), and Monero’s XMR (-0.04%) saw red to buck the trend early on. Story continues It was a bullish start to the day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,558 pivot to support a run at the first major resistance level at $9,646. Support from the broader market would be needed, however, for Bitcoin to break back through to $9,600 levels. Barring an extended crypto rally, the first major resistance level and Friday high $9,644 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,732 before any pullback. Failure to avoid a fall through the $9,558 pivot level would bring the first major support level at $9,471 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,383. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Makets Continue to Show Strength S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention Gold Price Prediction – Prices Rise and are Poised to Test All-time Highs U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data Silver Price Forecast – Silver Markets Continue to Look Overbought Silver Weekly Price Forecast – Silver Markets Continue to Show Strength After Major Breakout', 'SHANGHAI, CHINA / ACCESSWIRE / July 24, 2020 /Skycoin automatically generates a parallel currency called Coin Hours (SCH) at the rate of one Coin Hour generated per hour, per Skycoin. While Skycoin has been tradable on major exchanges for many years, XBTS represents the first time Coin Hours have been made available to trade on an exchange as a separate and distinct crypto asset.\nSkycoin is a deflationary currency, with a total supply ultimately capped at 100 million coins. Coin Hours, on the other hand, were designed to be an inflationary currency with inbuilt deflationary control mechanisms, encouraging users to spend and trade Coin Hours instead of Skycoin. As the Skycoin project continues to refine Skywire - Skycoin\'s groundbreaking decentralized and encrypted global mesh network - Coin Hours are set to become the currency with which to purchase bandwidth, storage, and other services on the Skywire network.\nIntroduction to Coin Hours:\nIn short, Coin Hours are:\n1. A commodity currency backed by the digital asset of bandwidth on the Skywire meshnet.\n2. The basis of the first bandwidth market in history.\n3. A form of interest on your investment in Skycoin.\n4. A way to keep your transactions free so you don\'t have to spend $SKY to use it.\n5. An anti-spam mechanism which prevents people from attacking the network with many tiny transactions.\n6. A way to effectively prevent institutions from issuing paper $SKY derivatives as they do for gold, silver, etc., and are now doing for certain cryptocurrencies.\nDecentralized cryptocurrency exchange XBTS is set to offer its users the ability to buy, sell, and earn Coin Hours on its DEX beginning July 29, 12:00 UTC.\nXBTS DEX is a BitShares-based decentralized exchange, which means that Coin Hours will have 45 trading pairs the moment it is listed.\nDeposit Coin Hours on XBTS:\n• Register for a free trading account athttps://xbts.io\n• In the deposit section, you will receive a single address to deposit SKY and SCH.\n• Send Skycoin (from 0.001) and the desired number of Coin Hours. (Minimum deposit: 1000 SCH.)\n• Note that there is a deposit/withdrawal fee of 5% SCH.\n• The two assets (SKY and SCH) are immediately credited to your XBTS exchange balance.\n• You may start trading SCH or SKY to any of 45 available trading pairs!\nWithdraw Coin Hours on XBTS:\n• Select SCH or SKY.\n• Indicate the address to which you wish to withdraw.\n• Note that 10% of the SCH are burned as per the current Skycoin transaction burn rate. SKY has no fee for withdrawal.\n• If you are withdrawing only SCH, then 0.001 SKY + the specified number of SCH is sent minus the commission.\n• SKY / SCH are sent in Skycoin\'s native Fiber blockchain to the user\'s wallet\n• Minimum withdrawal: 1000 SCH.\nMedia who wish to schedule interviews may reach out to:[email protected]\nAbout Skycoin:\nSkycoin is bringing people what they want: a truly decentralized network without any central authority. Founded in 2011 by early developers of Bitcoin and Ethereum, Skycoin quickly grew 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: 2020-07-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $175,307,524,616 - Hash Rate: 122442594.951705 - Transaction Count: 293883.0 - Unique Addresses: 619497.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: There is unfortunately a lack of meaningful price action to report on in terms of XRP’s chart this week, with it continuing to stagnate around the $0.20 mark. It has now remained in a tight range since May 9 when it slumped to a low of $0.175 before bouncing back to the upside. The lack of movement in price is reiterated by a relative lack of trade volume across all major exchanges, with just $1.05 billion being traded over the past 24-hours compared to May’s daily high of more than $3 billion. Levels of support and resistance remain the same for XRP, with $0.2279 remaining a key point of resistance to the upside while $0.183 should prop price up in the event of a sell-off. However, undoubtedly the most important indicator to keep an eye on is the daily 200 moving average, which is now residing at $0.2137. XRP has traded above the daily 200MA for just three weeks out of the past 12 months as it continues its seemingly never-ending downtrend, which means a break above this level could indicate a long-awaited bullish reversal. If a breakout can be achieved XRP is expected to reach upside price targets of both $0.296 and $0.347, the latter of which is important as it remains the yearly high. From a macro perspective breaking above the yearly high would form a higher lower for the first time in more than one year, which could bring around higher targets of up to $0.50 For more news, guides and cryptocurrency analysis, click here . Latest Ripple price Current live XRP price information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest Ripple price. Pricing is also available in a range of different currency equivalents: US Dollar – XRPtoUSD British Pound Sterling – XRPtoGBP Japanese Yen – XRPtoJPY Euro – XRPtoEUR Australian Dollar – XRPtoAUD Russian Rouble – XRPtoRUB Bitcoin – XRPtoBTC About Ripple (XRP) Ripple is a real-time gross settlement system (RTGS) developed by the Ripple company. It is also referred to as the Ripple Transaction Protocol (RTXP) or Ripple protocol. It can trace its roots to 2004 when a web developer called Ryan Fugger had the idea to create a monetary system that was decentralised and could effectively allow individuals to create their own money. Story continues Ripple is one of the largest cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalisation. More Ripple news and information If you want to find out more information about Ripple or cryptocurrencies in general, then use the search box at the top of this page. Here’s a recent article to get you started: https://coinrivet.com/ripple-ceo-brad-garlinghouse-hits-back-at-critics-xrp-is-not-a-security/ As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.... - Reddit Posts (Sample): [['u/Sploinksy', 'Is the hideout even worth upgrading anymore?', 31, '2020-07-25 00:11', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/', 'I remember last wipe, I was farming bitcoins and getting almost 150k from each, while using the empty fuel cans to craft mag boxes making really good profit from those. And then I would craft moonshine and sell that for profit. Now it seems the hideout was very badly nerfed. Bitcoins only give you around 100k, and if you have 2 empty fuel cans and buy the rest of the items needed to craft mag boxes, you end up losing money. Making moonshine loses you money as well. Buying 2 sugar and 1 super water costs more than what you will make from selling the moonshine, by quite a bit when you factor in the fee from flea market. So even if you find the items in raid to craft these things in the hideout, you will make more money if you just sold them instead of wasting fuel and time to craft these items. And then it seems like the scav case was nerfed too, because I rarely make my money back unless I use the 7,000 rub option. I have lost heaps of cash using all the other ones. I think it was a big waste of money to max out my hideout. The only benefit I have really gotten out of it is being able to craft some rare quest items, like the virtex and transmitter, but even then it takes like 2-3 days to craft and costs a lot of money. I really hope they make some adjustments to the hideout because right now it isn’t making you any real profits. It’s just a giant money sink.', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/', 'hxb5lv', [['u/thrashV_TTV', 10, '2020-07-25 00:13', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz4z0ce/', "What if they don't intend for the hideout to print money?", 'hxb5lv'], ['u/desubot1', 20, '2020-07-25 00:28', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz50n4f/', 'scav timer, flea market discounts, faster insurance, health food and water restoration, moonshine, converting garbage into better garbage, crafting expensive ammo, quest items, scav boxs for those sweet potential streamer items. intelligence bonuses with the library, physical exp bonus if you are into that late game perks.\n\nyeah absolutely no reason.', 'hxb5lv'], ['u/RHYM3NOC3RROS', 51, '2020-07-25 01:06', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz54ut4/', 'Due to the FiR flea market, the hideout gives a unique opportunity to craft your non-FiR items into FiR and then sell them.\n\n\nFor instance, if you shove a couple sugars in your secure container and die. You can either sell them to Therapist (2,093) or use them in a moonshine craft, realizing their value of somewhere between 60,000-70,000. \n\n\n\nAdditionally, if you shove a graphics card in your secure container and die, it is still super valuable for your bitcoin farm! \n\n\n\nAt the end of the day, what makes the game more fun for you? It’s all about having fun and enjoying. I loved being able to craft a decent chunk of quest items instead of trying to find them all (ie flash drives).', 'hxb5lv'], ['u/Sploinksy', 10, '2020-07-25 01:55', 'https://www.reddit.com/r/EscapefromTarkov/comments/hxb5lv/is_the_hideout_even_worth_upgrading_anymore/fz5a7hq/', 'I understand this, but my point is that the rewards just don’t seem worth the cost. The med station level 3 requires a ledx, which is over 2m rubles. What rewards do you get from that? How long will the slivers of profits take to pay that back? Maxing out the bitcoin farm costs a lot of money, and buying 50 GPU’s will cost around 18 million rubles. When you factor in fuel cost, how long will it take to pay that back? By the time it pays itself off the game will wipe. It just doesn’t make sense to do it.', 'hxb5lv']]], ['u/PopuleuxMusicYT', 'If you can mine 1 BTC ~10-20 min does that mean im making 1 BTC every 10-20min? Wouldnt this be to overpowered', 35, '2020-07-25 02:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/', 'Wouldn’t the system fail if I could earn $9,000+ every 10 min or is there hidden costs (like electricity? Idk)', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/', 'hxdmm2', [['u/bitusher', 13, '2020-07-25 02:59', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5gvof/', 'A large portion of the costs in proof of work is electricity , followed by equipment and other overhead from employees/rent/security\n\nThis means miners are forced to distribute/sell most of the BTC they mine and only keep a small profit for their efforts \n\nThe block target is 10 minutes where total block reward is 6.25 BTC + fees ranging from ~0.3 to 1 BTC per block\n\nMining difficulty adjusts dynamically up and down making sure efficient miners remain profitable', 'hxdmm2'], ['u/bitusher', 10, '2020-07-25 03:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5h9do/', 'I just said its more akin to 6.5 to 7 BTC per block when you include fees , every ~10 minutes. Of course blocks are usually found with pools where many independent miners contribute effort so those BTC are split between many miners weighted upon their contributions to the pool during that interval', 'hxdmm2'], ['u/Frednn', 99, '2020-07-25 03:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5ifor/', 'Every 10 minutes a new block is mined. The reward for every new block right now is 6.25 BTC ( plus the transaction fees)\n\nTo be able to mine 1 BTC every 10 minutes ( 144 BTC / day) , means you should be able to calculate around 22,000,000 Tera hashes per second, or 22,000 peta hashes per second.\n\n\nThat translates to roughly 200,000 antminer S19 units. Each costing at around 2,000 usd. Which is about 400,000,000 usd in mining hardware alone.\n\nDon\'t forget electricity ! Each unit consumes around 3250 Watts of power just to operate. Running such a huge scale farms needs about 650 MWh of energy !!!\n\n\nSoooo ... Yeah.\n\nNo single person is mining 1 BTC every 10 minutes. Mining Bitcoin is hard. It\'s deliberately that way to make it a scarce asset. \n\n\nPeople nowadays gather around in virtual groups called " mining pools " , and combine their computational power to mine a block. Then they share the reward among pool members based on computational power each member provides.\n\n\nPs . Numbers calculations might be off a bit. I didn\'t double check them, but you get what i wanted to say.', 'hxdmm2'], ['u/PopuleuxMusicYT', 11, '2020-07-25 03:15', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz5ikg1/', 'Ok thanks', 'hxdmm2'], ['u/tlztlz', 15, '2020-07-25 11:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/hxdmm2/if_you_can_mine_1_btc_1020_min_does_that_mean_im/fz6klhs/', 'Good answer', 'hxdmm2']]], ['u/[deleted]', 'First time using bitcoin', 19, '2020-07-25 05:38', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/', 'Hi there ✌️ my name is Victor and im a graphic designer. Recently i accepted a freelance work and received in Bitcoins. Never ever use or even think about using, i dont know nothing about It haha. Now i have 50$ in btc and was thinking what i can do with this. Tips?', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/', 'hxg1uw', [['u/Egon_1', 14, '2020-07-25 05:52', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/fz5xtub/', 'You can buy gift cards from different brands: https://giftcards.bitcoin.com/giftcards', 'hxg1uw'], ['u/Remora_101', 11, '2020-07-25 11:17', 'https://www.reddit.com/r/btc/comments/hxg1uw/first_time_using_bitcoin/fz6k60m/', 'To clarify, this is not a BCH forum. It is a bitcoin forum. But since r/bitcoin is heavily censored. BCH folk aggregate here.', 'hxg1uw']]], ['u/AutoModerator', '[Daily Discussion] Saturday, July 25, 2020', 40, '2020-07-25 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/', 'hxgevp', [['u/_TROLL', 45, '2020-07-25 06:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/hxgevp/daily_discussion_saturday_july_25_2020/fz605qi/', "Oompah Loompah Doopity Doo\n\nGold's price is rising, silver is too\n\nOompah Loompah Doopity Dee\n\nBitcoin is ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.63% on Saturday. Reversing a 0.58% loss from Friday, Bitcoin ended the day at $9,714.9. It was bullish day, with Bitcoin rallying from an early morning intraday low $9,555.5 to a late intraday high $9,754.5. Bitcoin broke through the first major resistance level at $9,645.5 and second major resistance level at $9,731.9 before easing back. A late pullback saw Bitcoin fall back to sub-$9,700 levels before wrapping up the day at $9,700 levels. The near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Cardano’s ADA rallied by 17.76% to lead the way. Bitcoin Cash ABC (+6.00%), Bitcoin Cash SV (+7.59%), Ethereum (+9.30%), and Litecoin (+11.43%) also made strong gains. Binance Coin (+3.38%), EOS (+4.99%), Monero’s XMR (+2.55%), Ripple’s XRP (+5.23%), Stellar’s Lumen (+4.71%), Tezos (+0.89%), and Tron’s TRX (+3.98%) trailed the front runners. In the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Saturday high $291.48bn. At the time of writing, the total market cap stood at $287.68bn. Bitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Saturday low 61.70%. At the time of writing, Bitcoin’s dominance stood at 62.07%. This Morning At the time of writing, Bitcoin was down by 0.19% to $9,696.5. A mixed start to the day saw Bitcoin rise to an early morning high $9,722.8 before falling to a low $9,690.4. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.92%) and Bitcoin Cash SV (+0.33%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues Stellar’s Lumen was down by 1.35% to lead the way down early on. https://www.tradingview.com/x/ztgae3yU/ For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $9,675 pivot to support a run at the first major resistance level at $9,794. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $9,754.5. Barring another extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,874 and resistance at $10,000. The third major resistance level sits at $10,073. Failure to avoid a fall through the $9,675 pivot level would bring the first major support level at $9,595 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,476. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Update – Trader Reaction to $41.24 Pivot Sets the Short-Term Tone U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data E-mini S&P 500 Index (ES) Futures Technical Analysis – Confirmed Reversal Top Shifts Momentum to Downside Crude Oil Price Forecast – Crude Oil Markets Slump Into Weekend US Stock Market Overview – Stocks Drop Ahead Large Tech Earnings S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention', 'Bitcoin, BTC to USD, rose by 1.63% on Saturday. Reversing a 0.58% loss from Friday, Bitcoin ended the day at $9,714.9.\nIt was bullish day, with Bitcoin rallying from an early morning intraday low $9,555.5 to a late intraday high $9,754.5.\nBitcoin broke through the first major resistance level at $9,645.5 and second major resistance level at $9,731.9 before easing back.\nA late pullback saw Bitcoin fall back to sub-$9,700 levels before wrapping up the day at $9,700 levels.\nThe near-term bullish trend remained intact in spite of the early July pullback to sub-$9,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nCardano’s ADA rallied by 17.76% to lead the way.\nBitcoin Cash ABC (+6.00%), Bitcoin Cash SV (+7.59%), Ethereum (+9.30%), and Litecoin (+11.43%) also made strong gains.\nBinance Coin (+3.38%), EOS (+4.99%), Monero’s XMR (+2.55%), Ripple’s XRP (+5.23%), Stellar’s Lumen (+4.71%), Tezos (+0.89%), and Tron’s TRX (+3.98%) trailed the front runners.\nIn the current week, the crypto total market cap fell to a Monday low $262.70bn before hitting a Saturday high $291.48bn. At the time of writing, the total market cap stood at $287.68bn.\nBitcoin’s dominance rose to a Tuesday high 64.08% before sliding to a Saturday low 61.70%. At the time of writing, Bitcoin’s dominance stood at 62.07%.\nAt the time of writing, Bitcoin was down by 0.19% to $9,696.5. A mixed start to the day saw Bitcoin rise to an early morning high $9,722.8 before falling to a low $9,690.4.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nAt the time of writing, Bitcoin Cash ABC (+0.92%) and Bitcoin Cash SV (+0.33%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, however.\nStellar’s Lumen was down by 1.35% to lead the way down early on.\nhttps://www.tradingview.com/x/ztgae3yU/\nFor the Bitcoin Day Ahead\nBitcoin would need to avoid a fall through the $9,675 pivot to support a run at the first major resistance level at $9,794.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $9,754.5.\nBarring another extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $9,874 and resistance at $10,000. The third major resistance level sits at $10,073.\nFailure to avoid a fall through the $9,675 pivot level would bring the first major support level at $9,595 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of the second major resistance level at $9,476.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Update – Trader Reaction to $41.24 Pivot Sets the Short-Term Tone\n• U.S. Dollar Index (DX) Futures Technical Analysis – Drilled Lower by Weaker-Than-Expected PMI Data\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Confirmed Reversal Top Shifts Momentum to Downside\n• Crude Oil Price Forecast – Crude Oil Markets Slump Into Weekend\n• US Stock Market Overview – Stocks Drop Ahead Large Tech Earnings\n• S&P 500 Weekly Price Forecast – 3200 Continues to Be Point of Contention', 'The Organization for Economic Co-operation and Development (OECD) said that the UK’s economy is going to plunge by 11.5% throughout this year. Still, it could get worse if there were a second wave of COVID-19 infections. If this were to happen, the economy could compress further in the months to come leading to 2021. Given the concerning projections, chancellor Rishi Sunak rolled out a new plan that is set to jump-start the economy by supporting jobs and businesses. The idea behind the fresh measures is to ensure that the “economic recovery is as strong and as swift as possible.” The plan provides a clear path around protecting, supporting, and creating new jobs to boost the confidence of employers. But it fails to address how it will improve the day-to-day lives of the British people. In fact, there are no mentions regarding funding for public schools, transportation, and cultural amenities, such as museums, galleries, public parks, and others. With lockdown measures easing in the UK, investors are growing hopeful about a further economic recovery. This sense of optimism was barely interrupted on Monday, July 13th, after the governor of the Bank of England Andrew Bailey said to be “very worried” about jobs across the nation. Following the banker’s speech, the Pound crashed by 1.47% to hit a low of $1.248 on July 14th, but investors’ confidence did not fade away. The GBP/USD exchange rate has been able to recover since then surging over 1.70% to trade at $1.272 as of July 23rd. While Sterling seems to have more room to go up, there is a massive resistance barrier sitting ahead of it. The Pound must break through $1.275 to retest June 10th high of $1.281 or even reach the next hurdle at $1.301. Given the uncertainty around Britain’s economy, investors might be able to hedge against potential risks with Bitcoin . The flagship cryptocurrency recently moved past the $9,400 resistance wall and made a higher high for the first time since June. If the buying pressure behind BTC continues to rise, it would likely take another shot at the infamous $10,000 hurdle. Moving past this area of resistance increases the odds for new yearly highs. Story continues Everything will depend on Bitcoin’s ability to stay above the $8,900 support level. Expectations Grow Around the Pound Sterling was able to recover strongly following March’s market meltdown. The new fiscal stimulus recently announced and hopes for a vaccine against COVID-19 also seems to have helped propel the Pound higher. While the risks of Brexit talks and rising tensions with China are still relevant, GBP might be able to weather the storm against the US dollar. Given the current economic outlook with the Federal Reserve adding more liquidity into the market, traders must watch out for the $1.275 resistance level since it may allow the Pound to advance further. If sell orders begin to pile up, however, Sterling might retrace to $1.253. Under such circumstances, the two crucial price hurdles ahead of the Pound are the $1.275 resistance and the $1.266 support level. Moving above or below these critical price levels will determine where the GBP/USD exchange rate is headed next. For a look at all of today’s economic even Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $183,185,966,594 - Hash Rate: 136238943.678657 - Transaction Count: 298580.0 - Unique Addresses: 608050.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: CoinDesk columnist Nic Carter is a partner at Castle Island Ventures, a venture fund based in Cambridge, Mass., that focuses on public blockchains. He is also the co-founder of Coin Metrics, a blockchain analytics startup. Recently, two staffers at the New York branch of the Federal Reserve published a short tract provocatively entitled “ Bitcoin Is Not a New Type of Money .” As someone who has used bitcoin for payments, savings and a means of wealth transfer for the last half decade, this was news to me. I was curious to find out what I had been using this whole time, if not money. In the article, the authors, Michael Lee and Antoine Martin, first distinguish money versus the mechanism of exchange. No complaints there: Venmo isn’t money, it’s a means of moving money around. Same for SWIFT and Fedwire and PayPal and so on. The dollars circulating within those systems constitute the money. Then the paper gets into more tendentious territory, somewhat brusquely dividing money into “fiat money, asset-backed money, and claim-backed money.” Related: DeFi Protocols Should Act More Like Fiduciaries See also: New York Fed’s ‘Bitcoin Is Just Another Fiat’ Claim Sparks Controversy Fiat money, they tell us, “corresponds to intrinsically worthless objects that have value based on the belief that they will be accepted in exchange for valued goods and services.” They explain that Federal Reserve notes suit this definition, as do Rai stones , Ithaca HOURs (a time-based local currency in New York) and Bitcoin. The authors also claim that gold coins sit in the “asset-backed money” category. Assets in this category “derive their value, at least in part, from the assets backing the money.” Gold coins are valuable “because it is possible to melt a coin and find someone who would like to use the metal for another purpose.” If you are confused at this point, I don’t blame you. The authors seem to mischaracterize not only bitcoin, gold, and Rai stones, but they also rely on an ersatz definition of “fiat money” that is well outside the mainstream. Story continues Related: The Tokenization Revolution Starts With Gold Let’s start with some pedantry. The authors’ choice of words drives the conclusion that bitcoin is “just another example of fiat money” with its main contribution being its novel settlement network instead. Fiat, in Latin, is the third person present subjunctive form of facere (to do or make). As a reminder, the subjunctive is a verbal mood which expresses a desire or a condition. While the subjunctive is explicit in Latin and its romance linguistic descendants, it’s less common in English. It does pop up here and there though. The indicative mood states a plain fact about something — “You are suffering from gout,” for instance. This contrasts with the subjunctive which can express a wish – “May you be cursed with gout.” Another English phrase featuring the subjunctive is “May the force be with you.” The authors’ ultimate mistake is to fixate on this distinction between intrinsically worthless monies versus intrinsically valuable ones. Thus, one of the most famous uses of “fiat,” Fiat Lux in Genesis 1.3, translates to Let there be light (the indicative version would read There is light) . So in Latin, fiat effectively means “let it be done” or “may it happen.” Later, fiat entered the English lexicon as a noun, denoting a decree or a command. It connotes authority, but much of its modern usage implies a certain weakness in that authority. “To rule by fiat” suggests the ruler has lost the power to persuade and must rely on dictatorial and arbitrary measures to impose their will. Thus, “fiat money” typically refers to money that has value because a government decrees it. Of course, governments cannot simply declare that pieces of paper have value and expect that to stick. In practice, they backstop their currencies with legal tender laws, which elevate a particular currency in commerce, and by creating demand for that currency through the creation of a tax liability (Americans must pay taxes in dollars). The U.S. encourages the primacy of the dollar by imposing capital gains taxes on the fluctuations of foreign currencies (but not the dollar), and only selling Treasury bonds for dollars and maintaining mutual defense treaties with commodity producers who agree to price their exports in dollars. Some states even try and trap funds within their borders and outlaw currency conversion. So, adhering to this definition, it’s evident that bitcoin (and gold, and other collectible or commodity-based monies) is not fiat. Much like gold, bitcoin has value because millions of people worldwide find merit in its particular qualities, and so choose to transact with it and hold it as a savings and investment device. There is no state or single authority that guarantees the value of gold or bitcoin. No one is forced to use bitcoin. It is truly non-coercive and opt-in. See also: Nic Carter – Corporate America Knows the Bailout Is Baked In And far from being a shortcoming, this lack of backing is a useful quality for monetary assets, because with backing inevitably comes risk. The legitimacy of state regimes is fragile, and sometimes governments decide to plunder their currency to finance spending. With currency, benevolence from a state benefactor is not guaranteed. While some currencies like the dollar are long-lived and relatively stable, many others are highly inflationary or periodically devalued. Just recently, Argentina defaulted for the ninth time , crushing the peso. And due to mismanagement and state indebtedness, Lebanese savers have been effectively expropriated by devaluations this year. This is the flip side of fiat. Guarantees can turn to betrayal in short order. This point is worth dwelling on because it’s the market-driven nature of bitcoin’s rise that is so remarkable. While many commodities have undergone spontaneous monetizations over time to serve as monetary goods, Bitcoin’s rise has been particularly rapid and well documented. Many monetary goods have been monetized and de-monetized (often as cheaper ways to manufacture them were invented, reducing their scarcity). The authors’ ultimate mistake is to fixate on this distinction between intrinsically worthless monies versus intrinsically valuable ones. In the final calculus, nothing is intrinsically valuable – not even gold. Value is a function of a third party’s ability to derive utility from something. Monetary goods are useful because of their role in society, as savings instruments, ways to demonstrate wealth, as settlement media in trade, and as units of account. Their societal context is inherent. It’s a quirk of our nature that we have spontaneously settled on particular types of shells , patterned glass , chemical elements, or even slots on a virtual ledger and elevated them to the status of money. Without being thrust into a very human context of commerce, trade, and wealth storage, they would not have the primacy that they do. The more useful distinction is not between inherently valuable and worthless monetary goods. It’s between those that the market spontaneously chooses to use for trade, and those that governments coercively impose upon us. Related Stories Where the NY Fed ‘Bitcoin Is Not New’ Blog Goes Wrong Where the NY Fed ‘Bitcoin Is Not New’ Blog Goes Wrong... - Reddit Posts (Sample): [['u/mexicothebeast', 'Under 18 Help Sending BTC', 10, '2020-07-26 03:42', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/', 'Hey guys, I have $20 worth of btc in my wallet and i’m trying to purchase something online with it, is there any way I can do that while under 18?', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/', 'hxyeyv', [['u/spukkin', 10, '2020-07-26 04:59', 'https://www.reddit.com/r/btc/comments/hxyeyv/under_18_help_sending_btc/fz9l568/', 'exodus wallet does not require verification to send and receive crypto.', 'hxyeyv']]], ['u/SpecialTurnip3', "A Theory: The Crypto Ecosystem Hasn't Fully Collapsed Because It Has Found A Truly Ingenious Way To Monetize Human Stupidity and Greed", 58, '2020-07-26 05:54', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/', 'It\'s true that most traditional ponzi/pyramid schemes (Madoff etc...) collapse because they\'re obligated to provide unsustainable returns to their investors. However, pyramid schemes that force their sucker "investors" to eat their own losses typically don\'t collapse, at least not for a long time . Crypto is a perfect example of this dynamic at play, since exchanges are able to establish a consistent revenue stream of hard currency by manipulating the market against butters stupid enough to gamble on margin. The whole thing basically has the business model of a casino/pyramid scheme combined into one. Bitcoin doesn\'t run on electricity or software. It runs on sheer human stupidity, gullibility, and greed. MLMs like Harbalife largely function on the same principle (forcing the vast majority of suckers to eat their losses instead of guaranteeing an ultimately unsustainable return), which is why many MLMs have lasted for literally decades.\n\nSomething that u/thehoesmaketheman said on here that really stuck with me is that governments make pyramid schemes illegal because people love to "invest" in pyramid schemes otherwise. This can actually do profound damage to society if taken far enough, and while any given pyramid scheme might eventually collapse (depending on its structure), there will always be new schemes and new suckers. Crypto is a perfect space for generating both, as it is both digital and laughably unregulated. So I predict the Bitcoin/Crypto/Tether Rube Goldberg machine of stupidity and greed will keep going until governments finally wise up and make it illegal (if they ever do) because its just another scam at the end of the day. Unfortunately for our society and the planet, a lot of people in power seem to be fooled by trendy tech buzzwords like blockchain.', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/', 'hy06h2', [['u/shahbucks00711', 18, '2020-07-26 06:21', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9sgwb/', "It's legit the greatest scam ever created.", 'hy06h2'], ['u/SpecialTurnip3', 16, '2020-07-26 06:22', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9sica/', "That depends: how much is tether making in hard currency by fleecing the delusional butters gambling on margin? How many real dollars is it making from money-laundering, and other forms of illicit activity? Those are the only two reasons that I can think off that Tether has not collapsed yet--they must be getting hard currency from somewhere to keep the exchanges liquid enough to cover withdrawals in real USD.\n\nI honestly expected Tether to collapse around the time of Bitconnect. I am amazed it still exists. Hell, I am amazed the U.S. government allows this clown-car mockery version of the dollar to exist in the first place. Isn't tether basically counterfeiting currency on a massive scale, at least in a way? None of this shit would fly legally if it wasn't disguised with techy buzzwords like blockchain that politicians are too lazy to see through.", 'hy06h2'], ['u/SpecialTurnip3', 20, '2020-07-26 07:56', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fz9zug3/', 'I am an atheist, but at least most traditional religions teach giving charity towards the poor. Crypto is the literal personification of "fuck you, got mine" lolbertarian ideology.', 'hy06h2'], ['u/jstolfi', 11, '2020-07-26 17:59', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fzb7q2g/', "Maybe. The basic bitcoin scam -- investors giving money to miners, with no source of revenue that will ever return to them -- has already taken some 15 billion USD from the suckers who ever bought bitcoins. That is still short of the 19 billion estimate for what Madoff's investors actually lost. But if we add the similar losses through other coins, including Tether and Ethereum, the total may be already higher.\n\nHowever, the crytpo exchanges have probably taken even more money from the other suckers who day-trade crypto. Those exchanges can do all the dirty tricks against their clients that would be jail crimes if done by stock brokers or stock exchanges. \n\nBut Madoff's was (maybe) only the largest ponzi. I believe that there were some much larger scams and frauds (even without going into legal ones). Enron investors reportedly lost 74 billion USD when the stock collapsed after the management was found to have faked its profits and hid huge losses.", 'hy06h2'], ['u/jstolfi', 15, '2020-07-26 18:37', 'https://www.reddit.com/r/Buttcoin/comments/hy06h2/a_theory_the_crypto_ecosystem_hasnt_fully/fzbc5md/', 'Indeed. Crypto has improved on early scams in several ways. \n\nFor one thing, it is decentralized -- there is no central scammer, just a large flock of scammers who are united only by their selfish greed. It is the very mechanism that Satoshi invented, although used for a purpose that (I think) he did not foresee.\n\nFor another thing, crypto scammers managed to convince many governments, including the US, that cryptos are neither securities, nor currencies, nor bonds or whatever. They are claimed to be "a new asset class." Therefore, existing financial and investment regulators, like the US SEC, do not consider the crypto investment scam to be their problem. \n\nThird, while some previous investment frauds required the scammers to lie about the true nature of the "business", the nature of cryptos is open but just too complicated for people to understand, even when experts try to explain it to them. Its alleged value as investment also relies on economic theories that cannot be easily proved or disproved. Thus millions can still be convinced to invest in them, in spite of their fatal and unfixable flaws.\n\nFourth, unlike most previous frauds, crypto scammers do not promise immediate profits. They tell their marks that cryptos probably will be immensely valuable in some indeterminate future when they will replace national currencies, So investors do not feel cheated when the price fails to reach those levels in 5 years, or stagnates, or even drops by 80% for six months. And the scammers will continuously come up with fake "improvements" like the Lightning Network, PoS, Avalanche, and DeFi, that, "when ready", will finally make adoption explode.', 'hy06h2']]], ['u/AutoModerator', '[Daily Discussion] Sunday, July 26, 2020', 67, '2020-07-26 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/', 'hy0bte', [['u/Damien_Targaryen', 10, '2020-07-26 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fz9ykam/', 'I feel a big battle coming ahead of us and I think this time...the Bulls finally win.', 'hy0bte'], ['u/GrossBit', 13, '2020-07-26 08:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fza1duz/', 'The bulls are winning \nJust not the BTC bulls\nThe DeFi bulls , the ETH bulls, the ADA bulls etc... \n\nMany teams are winning just not the BTC one (at least not yet)', 'hy0bte'], ['u/chuck_portis', 56, '2020-07-26 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/hy0bte/daily_discussion_sunday_july_26_2020/fza7od2/', "Remember the events that led to the creation of Bitcoin. It was in the wake of the 2008 Financial Crisis, during which:\n\n* Governments bailed out failing big corporations with freshly printed USD\n* Interest Rates were pushed to record lows to discourage saving\n* The fiscal system narrowly avoided a complete collapse\n\nHere we are more than a decade later:\n\n* Governments are bailing out big corporations with freshly printed USD ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['EOS fell by 0.60% on Sunday. Partially reversing a 4.99% rally from Saturday, EOS ended the week up by 4.88% to $2.7164.\nIt was a mixed start to the day. EOS fell to an early morning low $2.7068 before making a move.\nSteering clear of the first major support level at $2.6367, EOS rallied to a late morning intraday high $2.8141.\nEOS broke through the first major resistance level at $2.7880 before falling to a mid-day intraday low $2.6858.\nHolding above the major support levels, EOS briefly revisited $2.74 levels before falling back into the red.\nAt the time of writing, EOS was up by $0.07% to $2.7184. A bullish start to the day saw EOS rise from an early morning low $2.7172 to a high $2.7237.\nEOS left the major support and resistance levels untested early on.\nEOS would need to move through the $2.7388 pivot level to support a run at the first major resistance level at $2.7917.\nSupport from the broader market would be needed, however, for EOS to break out from $2.75 levels.\nBarring an extended crypto rally, the first major resistance level likely cap any upside.\nFailure to move through the $2.7388 pivot would bring the first major support level at $2.6634 into play.\nBarring another extended sell-off, EOS should steer clear of sub-$2.60 levels. The second major support level at $2.6105 should limit any downside.\nFirst Major Support Level: $2.6634\nPivot Level: $2.7388\nFirst Major Resistance Level: $2.7917\n23.6% FIB Retracement Level: $6.62\n38% FIB Retracement Level: $9.76\n62% FIB Retracement Level: $14.82\nEthereum rose by 1.90% on Sunday. Following on from Saturday’s 9.30% rally, Ethereum ended the week up by 30.13% to $311.35.\nA bearish start saw Ethereum fall to an early morning intraday low $300.21 before making a move.\nSteering well clear of the first major support level at $286.85, Ethereum rallied to a late morning intraday high $319.86.\nEthereum broke through the first major resistance levels at $317.23 before falling back to $301 levels.\nFinding late support, Ethereum broke back through to $314 levels before easing back.\nAt the time of writing, Ethereum was up by 0.21% to $312.01. A bullish start to the day saw Ethereum rise from an early morning low $311.38 to a high $312.72.\nEthereum left the major support and resistance levels untested early on.\nEthereum would need to avoid a fall through the $310.40 pivot to support a run at the first major resistance level at $320.74.\nSupport from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $319.86.\nBarring another extended crypto rally, the first major resistance level should cap any upside.\nFailure to avoid a fall through the $310.50 pivot would bring the first major support level at $301.09 into play.\nBarring an extended sell-off, however, Ethereum should steer clear of the second major support level at $290.82.\nFirst Major Support Level: $301.09\nPivot Level: $310.50\nFirst Major Resistance Level: $320.74\n23.6% FIB Retracement Level: $257\n38.2% FIB Retracement Level: $367\n62% FIB Retracement Level: $543\nRipple’s XRP rose by 0.28% on Sunday. Following on from a 5.23% rally from Saturday, Ripple’s XRP ended the week up by 7.80% to $0.21551.\nIt was a mixed start to the day. Ripple’s XRP slipped to an early morning low $0.21313 before striking a late morning intraday high $0.22540.\nRipple’s XRP broke through the first major resistance level at $0.2206 before sliding to a mid-day intraday low $0.21237.\nSteering clear of the first major support level at $0.2067, Ripple’s XRP revisited $0.2190 levels before easing back.\nAt the time of writing, Ripple’s XRP was up by 0.25% to $0.21605. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21526 before striking a high $0.21608.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to move through the $0.2178 pivot to support a run at the first major resistance level at $0.2232.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from $0.2200 levels.\nBarring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.2254 should cap any upside.\nIn the event of a breakout, Ripple’s XRP should test the second major resistance level at $0.2308 before any pullback.\nFailure to move through the $0.2178 pivot would bring the first major support level at $0.2101 into play.\nBarring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 levels and the second major support level at $0.2047.\nFirst Major Support Level: $0.2101\nPivot Level: $0.2178\nFirst Major Resistance Level: $0.2232\n23.6% FIB Retracement Level: $0.3638\n38.2% FIB Retracement Level: $0.4800\n62% FIB Retracement Level: $0.6678\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• European Equities: A Week in Review – 25/07/20\n• AUD/USD Forex Technical Analysis – Being Guided by Shifting Risk Sentiment\n• The Pound Reacts to New Stimulus Plan that Aims to Jump-Start the Economy\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Main Trend Changed to Down on Friday\n• European Equities: Economic Data, Geopolitics, and COVID-19 News in Focus\n• Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 27th, 2020', 'EOS EOS fell by 0.60% on Sunday. Partially reversing a 4.99% rally from Saturday, EOS ended the week up by 4.88% to $2.7164. It was a mixed start to the day. EOS fell to an early morning low $2.7068 before making a move. Steering clear of the first major support level at $2.6367, EOS rallied to a late morning intraday high $2.8141. EOS broke through the first major resistance level at $2.7880 before falling to a mid-day intraday low $2.6858. Holding above the major support levels, EOS briefly revisited $2.74 levels before falling back into the red. At the time of writing, EOS was up by $0.07% to $2.7184. A bullish start to the day saw EOS rise from an early morning low $2.7172 to a high $2.7237. EOS left the major support and resistance levels untested early on. For the day ahead EOS would need to move through the $2.7388 pivot level to support a run at the first major resistance level at $2.7917. Support from the broader market would be needed, however, for EOS to break out from $2.75 levels. Barring an extended crypto rally, the first major resistance level likely cap any upside. Failure to move through the $2.7388 pivot would bring the first major support level at $2.6634 into play. Barring another extended sell-off, EOS should steer clear of sub-$2.60 levels. The second major support level at $2.6105 should limit any downside. Looking at the Technical Indicators First Major Support Level: $2.6634 Pivot Level: $2.7388 First Major Resistance Level: $2.7917 23.6% FIB Retracement Level: $6.62 38% FIB Retracement Level: $9.76 62% FIB Retracement Level: $14.82 Ethereum Ethereum rose by 1.90% on Sunday. Following on from Saturday’s 9.30% rally, Ethereum ended the week up by 30.13% to $311.35. A bearish start saw Ethereum fall to an early morning intraday low $300.21 before making a move. Steering well clear of the first major support level at $286.85, Ethereum rallied to a late morning intraday high $319.86. Ethereum broke through the first major resistance levels at $317.23 before falling back to $301 levels. Story continues Finding late support, Ethereum broke back through to $314 levels before easing back. At the time of writing, Ethereum was up by 0.21% to $312.01. A bullish start to the day saw Ethereum rise from an early morning low $311.38 to a high $312.72. Ethereum left the major support and resistance levels untested early on. For the day ahead Ethereum would need to avoid a fall through the $310.40 pivot to support a run at the first major resistance level at $320.74. Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $319.86. Barring another extended crypto rally, the first major resistance level should cap any upside. Failure to avoid a fall through the $310.50 pivot would bring the first major support level at $301.09 into play. Barring an extended sell-off, however, Ethereum should steer clear of the second major support level at $290.82. Looking at the Technical Indicators First Major Support Level: $301.09 Pivot Level: $310.50 First Major Resistance Level: $320.74 23.6% FIB Retracement Level: $257 38.2% FIB Retracement Level: $367 62% FIB Retracement Level: $543 Ripple’s XRP Ripple’s XRP rose by 0.28% on Sunday. Following on from a 5.23% rally from Saturday, Ripple’s XRP ended the week up by 7.80% to $0.21551. It was a mixed start to the day. Ripple’s XRP slipped to an early morning low $0.21313 before striking a late morning intraday high $0.22540. Ripple’s XRP broke through the first major resistance level at $0.2206 before sliding to a mid-day intraday low $0.21237. Steering clear of the first major support level at $0.2067, Ripple’s XRP revisited $0.2190 levels before easing back. At the time of writing, Ripple’s XRP was up by 0.25% to $0.21605. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.21526 before striking a high $0.21608. Ripple’s XRP left the major support and resistance levels untested early on. For the day ahead Ripple’s XRP will need to move through the $0.2178 pivot to support a run at the first major resistance level at $0.2232. Support from the broader market would be needed, however, for Ripple’s XRP to break out from $0.2200 levels. Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.2254 should cap any upside. In the event of a breakout, Ripple’s XRP should test the second major resistance level at $0.2308 before any pullback. Failure to move through the $0.2178 pivot would bring the first major support level at $0.2101 into play. Barring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.21 leve Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $183,185,966,594 - Hash Rate: 128205972.903398 - Transaction Count: 326769.0 - Unique Addresses: 690892.0 Social & AI Sentiment: - Fear & Greed Index: 0.58 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the past month, while market action has been relatively quiet, crypto traders have punched the buy button when bitcoin’s price drops below $9,000. • Bitcoin(BTC) trading around $9,208 as of 20:00 UTC (4 p.m. ET), slipping 0.80% over the previous 24 hours. • Bitcoin’s 24-hour range: $9,201-$9,379 • BTC above 10-day and 50-day moving average, a bullish signal for market technicians, although trading volumes on Tuesday are lower than Monday. “Bitcoin managed to approach the level of $9,300, after which immediately rolled back to the $9,250 area,” said Constantine Kogan, partner at cryptocurrency fund of funds BitBull Capital. “The coin continues to trade in a narrow price range,” he said, adding that crypto markets are experiencing record low volatility. Read More:Exchanges See Drop in Volumes as Bitcoin Volatility Approaches 2020 Low Related:Introducing the CoinDesk 20: The Assets That Matter Most in Crypto “Such low volatility is uncharacteristic of bitcoin,” said Vishal Shah, an options trader and founder of derivatives exchange Alpha5. “However, this sentiment has permeated through the trading community.” Less volatility has translated into fewer options bets. Open interest has dropped since the June 26 expiration date and is now hovering at the $1.1 billion mark. That’s quite a bit off from where it was in June, when it hit a record $1.8 billion high, according to derivatives data aggregator Skew. The lack of action is causing vigilant traders to change their strategies. For example, there appears to be sentiment that bitcoin at $9,000 is a good price point for traders to buy. “Every time the market has poked its nose below $9,000, buyers have stepped in,” said Rupert Douglas, head of institutional sales at London-based broker Koine. Indeed, over the past month, when the world’s oldest cryptocurrency dipped below $9,000, traders scooped it up on spot markets like Coinbase. Related:As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout Douglas says the narrow bitcoin price action might not last because most traders surely would like more volatility, which is what attracts many to crypto in the first place. “Bitcoin is coiled for a big move,” he told CoinDesk. “I still favor the upside. I think we will see bitcoin heading above $11,000 in short order when a move comes.” Read More:Lightspeed Invests $2.8M in Crypto Market Maker Wintermute Ether(ETH), the second-largest cryptocurrency by market capitalization, was in the red Tuesday, trading around $237, down 0.66% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More:Ethereum Activity Metric Hits Highest Level in 2 Years Ethereum-based decentralized exchanges, or DEX, have shined in 2020, with over $5 billion in volume this year so far, according to aggregator Dune Analytics. Kyber Network, a DEX and token project, recently upgraded to its Katalyst and KyberDAO protocol version. This has led to its governance token, Kyber Network Crystal, or KNC, to jump from $0.18 at the start of 2020 to $1.64 Tuesday. Traders are purchasing the Kyber token for its rewards as “staking” KNC generates an ether-based return on fees paid for using the DEX. “Kyber has upgraded to Katalyst,” said Peter Chan, a quantitative trader at Hong Kong-based OneBit Quant. “There has been a staggering 6 million staking in KNC already, very impressive.” Read More:Industry Group Seeks to Get Ahead on Staking Regulations Digital assets on CoinDesk’s big board are mixed Tuesday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • cardano(ADA) +14.2% • dogecoin(DOGE) +13% • ethereum classic(ETC) +5.2% Read More:Cardano at One-Year High on Shelley Upgrade Notable losers as of 20:00 UTC (4:00 p.m. ET): • bitcoin sv(BSV) -3.8% • tron(TRX) -3.8% • xrp(XRP) -1.4% Equities: • In Asia, Japan’s Nikkei 225 ended the day down 0.44%. The index was dragged down bylosses in the real estate and transportation sectors. • The FTSE 100 index closed in the red 1.5%.Coronavirus concerns and fresh lockdownssent European stocks lower Tuesday. • The S&P 500 lost 1.1%.Losses in travel stocksended the U.S. index’s five-day run of gains. Commodities: • Oil is down 0.58%. Price per barrel of West Texas Intermediate crude: $40.35 • Gold rallied in late trading Tuesday, up 0.78% at $1,796 per ounce Treasurys: • U.S. Treasury bonds were mixed Tuesday. Yields, which move in the opposite direction as price, were down most on the 10-year, in the red 6.3%. • Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin • Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The bitcoin bulls are back in town.\nThe price of bitcoin surged today by $1,268.19, reaching a six-month high of $11,203.90, or a one-day gain of 12.73%. It\'s another indication of the resurgence of both investor interest in the technology and renewed confidence in its long-term prospects after a rough year of regulatory scrutiny and declining value in the major cryptocurrencies.\nFor cryptocurrency investors like Alyse Killeen, an advisor to Mantis VC (the investment firm launched by the celebrity music duo The Chainsmokers), the climb in Bitcoin prices reflects the increased stability of the infrastructure that undergirds Bitcoin specifically, and distributed ledger technologies more broadly.\n"Bitcoin has much more intrinsic value today than it did a year ago just from an infrastructure perspective," Killeen wrote in a direct message. "[The] Lightning network is working, sidechains are working. And so you can do more with bitcoin today than you could last year."\nThe Lightning network is a second-layer technology for bitcoin that scales the blockchain\'s ability to conduct transactions and it\'s increasing people\'s ability to actually use the network.\nIt\'s more than just increasing capacity driving the surge in investor interest and prices, Killeen wrote. There\'s also the decreased supply of available bitcoin -- a function of the halving of coins in circulation which happened earlier this year.\nMoreover, financial institutions are now holding cryptocurrencies -- giving investors more confidence in the security of the assets, Killeen wrote.\nSome blockchain experts, like Willy Woo, who is an analyst now working at Lvl to launch Bitcoin banking services, even called the timing for the most recent bull run.\nhttps://platform.twitter.com/widgets.js\nKilleen also expected the markets to rise in the third quarter or early fourth quarter thanks to the increasing infrastructure to support transactions and activity on the blockchain, the amount of bitcoin in circulation and a response to the halving of currency in circulation.\n"What’s happening now is that larger institutions are offering purchase facilitation and custody (e.g. Fidelity)," Killeen wrote. "This is bullish for Bitcoin AND self-custody. With \'real banks\' holding bitcoin for their customers, the average person will view bitcoin more like money, and [the] differentiation of being your own bank becomes even more clear," wrote Casa chief executive officer Nick Neuman, on Twitter.\nhttps://platform.twitter.com/widgets.js', 'The bitcoin bulls are back in town.\nThe price of bitcoin surged today by $1,268.19, reaching a six-month high of $11,203.90, or a one-day gain of 12.73%. It\'s another indication of the resurgence of both investor interest in the technology and renewed confidence in its long-term prospects after a rough year of regulatory scrutiny and declining value in the major cryptocurrencies.\nFor cryptocurrency investors like Alyse Killeen, an advisor to Mantis VC (the investment firm launched by the celebrity music duo The Chainsmokers), the climb in Bitcoin prices reflects the increased stability of the infrastructure that undergirds Bitcoin specifically, and distributed ledger technologies more broadly.\n"Bitcoin has much more intrinsic value today than it did a year ago just from an infrastructure perspective," Killeen wrote in a direct message. "[The] Lightning network is working, sidechains are working. And so you can do more with bitcoin today than you could last year."\nThe Lightning network is a second-layer technology for bitcoin that scales the blockchain\'s ability to conduct transactions and it\'s increasing people\'s ability to actually use the network.\nIt\'s more than just increasing capacity driving the surge in investor interest and prices, Killeen wrote. There\'s also the decreased supply of available bitcoin -- a function of the halving of coins in circulation which happened earlier this year.\nMoreover, financial institutions are now holding cryptocurrencies -- giving investors more confidence in the security of the assets, Killeen wrote.\nSome blockchain experts, like Willy Woo, who is an analyst now working at Lvl to launch Bitcoin banking services, even called the timing for the most recent bull run.\nhttps://platform.twitter.com/widgets.js\nKilleen also expected the markets to rise in the third quarter or early fourth quarter thanks to the increasing infrastructure to support transactions and activity on the blockchain, the amount of bitcoin in circulation and a response to the halving of currency in circulation.\n"What’s happening now is that larger institutions are offering purchase facilitation and custody (e.g. Fidelity)," Killeen wrote. "This is bullish for Bitcoin AND self-custody. With \'real banks\' holding bitcoin for their customers, the average person will view bitcoin more like money, and [the] differentiation of being your own bank becomes even more clear," wrote Casa chief executive officer Nick Neuman, on Twitter.\nhttps://platform.twitter.com/widgets.js', 'Fujifilm Holdings Corporation (OTC: FUJIF ) has been awarded a $265 million federal contract to support the manufacturing of novel coronavirus (COVID-19) vaccine candidate,\xa0the United States Department of Health and Human Services announced Monday. What happened The Japanese company\'s unit Fujifilm Diosynth Biotechnologies\xa0subcontracts manufacturing at the Texas A&M\xa0Center for Innovation in Advanced Development and Manufacturing (CIADM),\xa0a public-private partnership between Biomedical Advanced Research and Development Authority (BARDA) and Texas A&M University. The U.S. government has reserved CIADM\'s capacity until December 2021 for the development of COVID-19 vaccines, such as a candidate from Novavax, Inc (NASDAQ: NVAX ), under Operation Warp Speed, which was described by HHS Secretary Alex Azar as “one of the largest vaccine manufacturing efforts in recent history.” Fujifilm earlier this week announced it had entered an agreement with Novavax to "manufacture bulk drug substance" for the Maryland-based company\'s coronavirus vaccine candidate at its site in Morrisville, North Carolina. The Tokyo-based company said "the technology transfer from\xa0North Carolina\xa0to\xa0Texas\xa0will begin in late 2020 with expanded mass production of the vaccine candidate starting in early 2021." Novavax has received $1.6 billion in federal funding for the\xa0NVX-CoV2373 vaccine candidate. Why It Matters Manufacturing and distribution of a potential vaccine is a key obstacle with manufacturers preparing to overcome such challenges even before a safe vaccine is found to be able to faster deliver the successful candidate, CNBC noted earlier. On Sunday, Moderna Inc (NASDAQ: MRNA ) said it received another $472 million dollars from the Trump administration, in addition to the original $483 million it was awarded in support of its vaccine candidate. The company also started the late-stage testing for its coronavirus vaccine on Monday, alongside another candidate developed by Pfizer Inc (NYSE: PFE ) and its German partner BioNTech SE (NASDAQ: BNTX ). Johnson & Johnson (NYSE: JNJ ) is expecting to start the late-stage clinical trials for its vaccine candidate ahead of schedule in September. Price Action Fujifilm Holdings OTC shares closed 7.02% higher at $47.09 on Monday. See more from Benzinga AstraZeneca To Pay B To Japan\'s Daiichi As Part of Collaboration On New Cancer Drug Rivian To Start Delivering All-Electric Pickup By Summer Next Year: Report Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments', 'Fujifilm Holdings Corporation(OTC:FUJIF) has been awarded a $265 million federal contract to support the manufacturing of novel coronavirus (COVID-19) vaccine candidate,\xa0the United States Department of Health and Human ServicesannouncedMonday.\nWhat happened\nThe Japanese company\'s unit Fujifilm Diosynth Biotechnologies\xa0subcontracts manufacturing at the Texas A&M\xa0Center for Innovation in Advanced Development and Manufacturing (CIADM),\xa0a public-private partnership between Biomedical Advanced Research and Development Authority (BARDA) and Texas A&M University.\nThe U.S. government has reserved CIADM\'s capacity until December 2021 for the development of COVID-19 vaccines, such as a candidate fromNovavax, Inc(NASDAQ:NVAX), under Operation Warp Speed, which was described by HHS Secretary Alex Azar as “one of the largest vaccine manufacturing efforts in recent history.”\nFujifilm earlier this week announced it hadenteredan agreement with Novavax to "manufacture bulk drug substance" for the Maryland-based company\'s coronavirus vaccine candidate at its site in Morrisville, North Carolina. The Tokyo-based company said "the technology transfer from\xa0North Carolina\xa0to\xa0Texas\xa0will begin in late 2020 with expanded mass production of the vaccine candidate starting in early 2021."\nNovavax has received $1.6 billion in federal funding for the\xa0NVX-CoV2373 vaccine candidate.\nWhy It Matters\nManufacturing and distribution of a potential vaccine is a key obstacle with manufacturers preparing to overcome such challenges even before a safe vaccine is found to be able to faster deliver the successful candidate, CNBCnotedearlier.\nOn Sunday,Moderna Inc(NASDAQ:MRNA) said it received another $472 million dollars from the Trump administration, in addition to the original $483 million it was awarded in support of its vaccine candidate.\nThe company also started the late-stage testing for its coronavirus vaccine on Monday, alongside another candidate developed byPfizer Inc(NYSE:PFE) and its German partnerBioNTech SE(NASDAQ:BNTX).Johnson & Johnson(NYSE:JNJ) is expecting to start the late-stage clinical trials for its vaccine candidate ahead of schedule in September.\nPrice Action\nFujifilm Holdings OTC shares 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: 2020-07-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $183,185,966,594 - Hash Rate: 121437040.395232 - Transaction Count: 354742.0 - Unique Addresses: 745966.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The liquidity mining boom may be upon us. Balancer Labs, the maker of an automated portfolio management tool, has confirmed with CoinDesk it has begun distribution of its BAL token. Followingthe persistent maniaaround last week’s debut of Compound’s COMP token, BAL will be the second governance token earned by a decentralized finance (DeFi) app’s most valuable users. Since June 1, liquidity providers for Balancer’s token pools havebeen earning BAL, but none of those tokens have been distributed. Balancer’s total value locked (TVL) has gone from $15.9 million on May 31 to $43.6 million as of this writing,according to DeFi Pulse. Going forward, earnings will be minted and distributed on a weekly basis, Balancer Labs CEO Fernando Martinelli told CoinDesk. Related:Market Wrap: Bitcoin Trading Flat, Holding at $9.6K “By far the most important factor or reason why we are doing that is because we want this thing to be decentralized. We believe in a decentralized, trustless future, and we want Balancer to do that. We need the distribution to be in a healthy way,” Martinelli said. Read more:First Mover: Compound’s COMP Token More Than Doubles in Price Amid DeFi Mania Giving out governance tokens for putting assets onto a protocol has come to be known as “liquidity mining.” The technique, which amounts to giving users a seat at the table in deciding how to run decentralized applications, has been discussed throughout 2020. In April, IDEO CoLab Ventures, a venture capital fund backed by the design firm IDEO, spelled it out in a Medium post about translatingparticipation into equity. But it all got real when collateralized lending startup Compound became the first major DeFi app todistributesome of its governance tokens. Liquidity providers and borrowers started earning COMP on June 15. Since then, Compound became the largest app in DeFi, increasing its available liquidity by 6x. Related:DeFi Protocols Should Act More Like Fiduciaries “I think Balancer is an amazing project in that it creates an AMM [automated market maker] primitive that is extremely flexible for different asset management use cases (exchange, balanced portfolios, certain strategies),” CoinFund founder Jake Brukhman told CoinDesk. With BAL’s debut in Ethereum wallets the world over, we enter the second chapter of this story. Of note, the two projects are at very different stages in their life cycles. Compound was announced in September 2018 and was running for well over a year before unleashing the token. At the first disbursement of COMP, Compound users had already committed nearly $100 million in crypto collateral. Meanwhile, Balancer only went live this spring and has roughly $40 million locked into it. If Balancer were to grow by the same proportion as Compound, it could jump from the sixth position in DeFi to the third, but obviously no one knows what will happen – norhow it ends. Read more:DeFi Protocols Should Be Fiduciaries, Not Structured Product Dealers Balancer Labs previously ran a$3 million seed round, where Accomplice and Placeholder led alongside CoinFund and Inflection. The investors earned equity that was convertible to tokens. The seed round price was $0.60 per token. Balancer’s core function is it allows users to make pools of tokens that automatically rebalance, and to tokenize those pools. So if a pool was built so that the value was 50% WBTC, 25% WETH and 25% BAT, for example, it would sell some of its WBTC for WETH and BAT if WBTC shot up in value, so that the proportion of value went back in line. In short, it automates crypto indices. The smart contract governing BAL provides for 100 million tokens with no inflation, but “those 100 million won’t be minted from the beginning,” Martinelli explained. So far, 35 million have been minted. Of those, 25 million are designated for the team, advisers and investors, and 75% of that vests gradually over three years, and unvested tokens can’t trade or vote. The team has control of 5 million tokens for an ecosystem fund, to promote growth in various ways and 5 million tokens for future fundraising rounds, according to Martinelli. Read more:DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens Balancer is currently a team of four and it expects to grow to a team of 10 by the end of the year, Martinelli said, with the ultimate goal of decentralizing the platform. The remaining 65 million tokens mint at a rate of 145,000 BAL every week, which means it would take about nine years to fully distribute, but because BAL is a governance token the holders could always vote to speed up distribution. Three full weeks have been completed so a bit over 400,000 BAL are being distributed now to over 1,000 wallet addresses that have accrued balances, Martinelli said (with a few edge cases for BAL earned by external smart contracts that will receive distributions later). One facet of Balancer’s distribution worth noting is that so much of it exists off-chain. This allows the team to iterate early on, in collaboration with users, so the team can look for ways in which users are gaming the system and write new rules to undermine those strategies. For example, on Compound, users are staking assets to borrow assets to stake more and borrow more. There is debate about how valuable is a lot of this activity. Similarly, in 2018the Fcoin exchangerewarded users with a new token just for making trades, which sent wash trading through the roof. The Balancer community wants tofavorthe most valuable behaviors. By tracking earnings in an off-chain fashion and iterating on the rules, Balancer’s community can refine incentives as it goes. So, when BAL earnings started it was simple: Users earned BAL for supplying liquidity. Depending on what happens next, that may change. “[The rules] kind of prevent useless liquidity from getting BAL,” Martinelli said. “It’s going to be a very interesting living thing that will evolve.” These rules are designed to drive volume without directly rewarding volume. One example: Pools that appear to hold two tokens but really don’t – like if one had, say, 50% DAI (the stablecoin generated by deposits on Maker) and 50% cDAI (the token representation of DAI deposited on Compound) – accrue very low BAL rewards. Read more:Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi Building off-chain also allows Balancer to work on a case-by-case basis with startups built to integrate with Balancer that didn’t plan for a token distribution, which is something that hascome up with Compound. These are the edge cases mentioned above. One could imagine a world where these rules become so complex they result in other unintended consequences, but that’s why it’s useful to run them off-chain for now. Balancer’s hope is it finds a solid enough niche in the market so the continuous refinement will no longer be necessary and that a simple set of rules can move on-chain. If this isn’t obvious already, a visit to Balancer site makes it very clear: The dapp can offer the same DEX functionality as Uniswap, because any single Uniswaptoken-for-token poolis the same as Balancer pool with two tokens set to 50/50, or 1:1, value. The big question for BAL: Can it catapult Balancer into Uniswap’s place as the AMM of choice on Ethereum? Balancer currently has $18 million more in TVL than Uniswap, according to DeFi Pulse, but the question is whether this new form of yield will make it more appealing to liquidity providers for that simple DEX use case. For now, there’s no incentive to trade on Balancer versus Uniswap, but if BAL accrues value quickly enough the idea of earning trading fees as well as BAL could lead to providers moving funds out of the most prominent AMM and into Balancer. “I think that token distributions, not tech, will play a key role in how these DeFi protocols compete,” said CoinFund’s Brukhman, who noted Uniswap still has not announced any intention to reward liquidity providers with a stake. “Brand does play an important role, but I think we will see that Balancer builds a very successful brand quickly.” • Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens • Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse. Falling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590. Steering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels. A bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red. The near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Ethereum joined Bitcoin in the red, with a 1.49% loss. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively. Bitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support. Binance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners. At the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%. This Morning At the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend. Story continues It was a bearish start for the rest of the majors, however. Cardano’s ADA was down by 1.85% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601. Failure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming? USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms Silver Price Forecast – Silver Markets Explode with Volatility Gold Price Forecast – Gold Markets form Massive Candle', 'Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse.\nFalling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590.\nSteering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels.\nA bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red.\nThe near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nEthereum joined Bitcoin in the red, with a 1.49% loss.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively.\nBitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support.\nBinance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners.\nAt the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn.\nBitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%.\nAt the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend.\nIt was a bearish start for the rest of the majors, however.\nCardano’s ADA was down by 1.85% to lead the way down.\nBitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601.\nFailure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255.\nThisarticlewas originally posted on FX Empire\n• Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming?\n• USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level\n• Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms\n• Silver Price Forecast – Silver Markets Explode with Volatility\n• Gold Price Forecast – Gold Markets form Massive Candle', "Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft. The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradable fund. Borda developed compliance-appeasing token standards, hired regulatory veterans to lead his transfer agent subsidiaries and even moved Tokensoft into the same San Francisco high-rise as the SEC\x92s West Coast enforcement wing (albeit on a different floor). The effort paid off earlier this month: In early July, the SEC granted a notice of effectiveness to ArCoin, a cryptographically-traded U.S. Treasury Fund pursued by digital asset manager Arca Labs and designed by Tokensoft. It\x92s the first Ethereum blockchain-native investment fund registered under the Investment Company Act of 1940 (a so-called \x9140 Act Fund ). Related: Arca's Flagship Crypto Hedge Fund is Up 77% in 2020 Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund ArCoin\x92s registration marks a shift in the regulator\x92s tolerance for public blockchain investment vehicles, Borda said. He and Arca CEO Rayne Steinberg both said ArCoins could light the way for future offerings with similarly decentralized structures. But regulatory filings capture just how hard-fought first that victory was. Long road Arca signaled its earliest interest in offering a U.S Treasury Fund in an SEC filing from November 2018. Over the next 605 days, it filed volleys of prospectus amendments as nearly 10 different evolutions of what would eventually become ArCoins repeatedly hit a regulatory wall. Related: SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps Steinberg said there was no guarantee his firm\x92s costly regulatory campaign would ultimately prevail. Tokensoft signed on as Arca\x92s tokenization specialist in July 2019, Borda told CoinDesk. Even then, a full year passed before ArCoin finally cleared that regulatory wall. Story continues \x93This took a lot of backchanneling with the SEC,\x94 Borda said. 10 floors apart Borda said one benefit of running a compliance-focused tokenization firm from his high-rise in San Francisco\x92s Financial District is that SEC regulators asking questions about his proposals are just an elevator ride away. \x93There was a case where I received a call the night before to do a presentation in the morning because the Crypto Czar was in town,\x94 Borda said, explaining office proximity (Tokensoft is on floor 38, the SEC is on floor 28) made \x93meetings a lot more accessible.\x94 That can be handy when meeting topics are as potentially contentious and fraught as the marriage of public blockchains and regulated investment vehicles. The SEC has been reticent to approve crypto-tied proposals before, perhaps most visibly in its ongoing denial of a bitcoin ETF. Read more: What to Make of the SEC\x92s Latest Bitcoin ETF Rejection The particulars behind one crypto project\x92s failure before the SEC and another\x92s success are not interchangeable. For example, ArCoins do not represent an investment in the Ethereum blockchain, only a product (U.S. Treasurys) whose vehicle is traded on that blockchain. But Borda said a major obstacle in pushing through a tokenized \x9140 Act Fund wer Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $201,506,362,631 - Hash Rate: 123949530.886168 - Transaction Count: 346521.0 - Unique Addresses: 717842.0 Social & AI Sentiment: - Fear & Greed Index: 0.71 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A crypto hedge fund is folding, Silvergate Bank’s bitcoin-collateralized loans surged this quarter andbitcoinfutures markets record triple-digit growth. You’re readingBlockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’snewsletters here. Bitcoin ETPSwiss crypto manager FiCAS AG announced what could be the firstactively managed bitcoin exchange-traded product (ETP).The firm’s Chairman Mattia Rattaggi said the Bitcoin Capital Active ETP’s portfolio could contain up to 15 altcoins as determined by market capitalization, liquidity and the rules of its host exchange, the SIX Swiss Exchange. Product managers will trade bitcoin againstETH,XRP,BCH,LTC, BNB,EOS, ADA,XLM,XTZ,TRXand exit to Swiss francs, euros and U.S. dollars. Rattaggi said the list could shift based on coin performance. Related:First Mover: Crypto Traders 'Greedy' as Goldman Warns on Dollar De-FundedCryptocurrencyhedge fund Tetras Capital is shutting down and returning investors’ moneyafter quarters of low returns, an anonymous source told CoinDesk. The New York-based fund, founded in 2017, recorded a 75% loss life-to-date. At its height, Tetras managed upwards of $33 million, according to financial filings, with an investment thesis centered around shorting ether and investing in alt-coins. At least 68 crypto hedge funds closed last year internationally, almost double the number – 35 – in 2018, according to a Crypto Fund Research report. SEN’s ZenSilvergate Bank continuedto book new cryptocurrency customers in the second quarterwhile its portfolio of bitcoin-collateralized loans nearly doubled. According to its latest earnings report, the bank’s $1.1 billion traditional loans increased only 0.1% from the first quarter. Bitcoin-collateralized loans through the bank’s SEN Leverage product surged 88% in the same period, to $22.5 million. Tracing ToolsLocalBitcoins, a peer-to-peer crypto exchange, has addedtwo Elliptic blockchain-tracing tools, as it continues to become regulatory compliant.The Helsinki-based platform announced Tuesday it will use Elliptic’s Navigator risk analysis tool and Lens wallet screener to crack down on illicit crypto. The platform has been bolstering its anti-money laundering (AML) safeguards in response to the European Union’s AMLD5 and new Finnish business regulations. Recently, LocalBitcoins has suspended cash-for-crypto trading and added mandatory identity verification. Sustainable InvestmentsFasset, a fintech company headquartered in the U.K., has launched anEthereum-based operating system dedicated to the ethical financing of sustainable infrastructure.The system tokenizes investments made in sustainable infrastructure – like solar power plants, wind farms and fiber optic – and makes them tradable among global investors. By moving the entire financing process to the blockchain, the firm intends to improve liquidity in the sustainable infrastructure sector and lower barriers to entry that will enable asset owners to avoid costly middlemen and directly list their assets on exchanges. • Revolut adds Stellar to its list of supported cryptocurrencies, citing “overwhelming demand” • An Australian state treasury mulled “flexible”regulatory reform for blockchain • Blockchain project Polkadot raises $43 million in a private token sale (The Block) • Garmin confirms ransomware attack took down services (TechCrunch) • Big Tech’s power, in four numbers (Axios) Related:Blockchain Bites: Ethereum's Lifestyle Brand, Twitch's Crypto Discounts and MakerDAO's $1B Milestone CoinDesk’s Ian Allisonrecounts memories from the first Devcon,a gathering of Ethereans and other tech developers plotting the future of everything from finance to the internet. This excerpt is part of aseries of stories,live-streamed conferencesand a limited-runpop-up newsletterCoinDesk has created to celebrate Ethereum’s five year anniversary this week. Ethereum’s Devcon 1, held in London in November 2015, was like Woodstock, except perhaps with less nudity. Bankers and Big 4 consultants disguised in hoodies shared space with dreadlocked Ethereum coders, sitting cross-legged in the corners, their laptops open in front of them. Packed into a Victorian banking hall in the heart of the City of London, the audience listened as ConsenSys chief Joe Lubin predicted a new future for firms; cryptographer Nick Szabo talked about decentralization in the context of Francis Drake and the Aztecs; and chief scientist Vitalik Buterin assembled shards of the path that lay ahead. “The internet kind of sucks,” said Ethereum wallet designer Alex Van de Sande during his opening keynote. “It’s centralized, and it’s broken – but we can fix it this week.” Such was the optimism in the room. Keeping with the Woodstock motif, this moment in time possessed a kind of prelapsarian innocence: The DAO debacle and hard fork decision that followed was at least six months away, and further off still was the ICO gold rush. An earlier confab, Berlin’s Devcon 0, preceded Ethereum’s launch. In London, things were starting to get real. Bitcoin’s BounceBitcoin’sfutures trading volume recorded triple-digit growthMonday, as institutions and investors raced into a marketprimed for a bull run.Aggregate daily futures volume on major exchanges reached $43 billion, the highest single-day volume since March 13, according to data source Skew. Daily trading volume on institutional exchange CME rose 570% to a yearly high of $1.32 billion, Bakkt registered a record volume of $132 million and total open interest for all exchanges rose to $5 billion – the highest since February. Yearly Highs: Bitcoin & GoldBitcoin’s 13% price jump to 2020 highs of $11,180 on Mondaycame as the dollar’s value slides.This move was in tandem withgold’s newly set all-time high,both of which are referred to as inflation hedges. Bitcoin is up 57% year to date, more than double the 28% gain this year for gold, while the S&P is flat for the year. “Given gold has just set a new all-time high, and with bitcoin’s correlation to stocks breaking down while being replaced by a strong correlation to gold, we envisage further tests to the upside this coming week,” Diginex wrote in a report. Meanwhile, the U.S. Dollar Currency Index, a gauge of the greenback’s value versus other major currencies, has fallen for seven straight sessions. A weakening dollar “mechanically pushes up the prices of the commodities invoiced in greenbacks,” according to the Wall Street Journal. Launchpad Before LaunchEthereum developers have released a “validator launchpad” on the Medalla testnet toeducate and prepare future validators as part of a multi-stage roll out of Ethereum 2.0.The transition to a proof-of-stake consensus mechanism, the core component of Eth 2, is designed to improve the system’s scalability. According to an announcement, three phases of the roll out are planned, with the first, phase 0, focusing on the underlying tech behind staking by tracking validators and their balances. The launchpad, which comes before phase 0, will enable validators to track and deposit test stakes on the upcoming Medalla multi-client testnet. Millennial MovesMatt Luongo, CEO of Thesis, thinksmillennials are shaping the future of money.From fashion to tech, a millennial “desire for autonomy and granular choice” is now extending to finance. “For most of the past hundred years, retail finance was dominated by a small number of regional, and later national, institutions. No more: 71% of millennials would change banks based on the quality of an app, and a full third of us say we won’t need a bank at all in the future,” he writes. What Sex Workers WantCoinDesk’s Leigh Cuen and OnlyFans performer Savannah Solo talk aboutfintech and the sex industry. • Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen • Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen... - Reddit Posts (Sample): [['u/steve_m0', 'D R I F T . . . .', 20, '2020-07-29 04:44', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/', 'I have searched, never read even a mediocre reason for drift. \n\nOnly thing I could dream up is that someone is trying to get btc to have a reward change Before BCH.\n\nMaybe I am missing this, but wt#? Why the push? There has to be ulterior motives? I see absolutely ZERO benefits. Why waste any heartbeats on this?\n\n1. Has the community asked for this?\n2. Have users asked for this? \n3. Have Exchanges asked for this?\n4. Have miners asked for this?\n5. Has SLP asked for this?\n6. Does Avalanche need this?\n7. Was this on the BCH roadmap?\n8. Do BCH Smart contracts need this?\n?????\n\nEdit: Lots of discussion in this reddit about a split, split is bad. I would rather see us add this circlejerk to the upgrade than see a split.\n\nI worry this DRIFT stuff is about exactly that: creating a split.\n\nMaybe I am being harsh, I dont intend to. I know everything seems easy unless you are the one doing all the work. Not being critical of those doing all the work, just wanting to see some justification for drift. (Or drop it)\n\nAnd btw, what is the rush? The edaa has went thru 4-5 upgrades with No discussion.', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/', 'hzsmux', [['u/steve_m0', 15, '2020-07-29 05:27', 'https://www.reddit.com/r/btc/comments/hzsmux/d_r_i_f_t/fzl3dwv/', 'Something does not pass the sniff test?\nAsk questions?\n\nAnswer: "your a troll"', 'hzsmux']]], ['u/ImCarryGG', "[Q] any ~750$ item that didn't explode in price and is stable?", 12, '2020-07-29 05:51', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/', 'So yea sold everything and want to buy a glove, knife any thing to maybe cashout or maybe keep it as investment\n\nAlso is there a better site to cash out than skins.cash?(prefer to btc with low commission and highly rated)\nTy guys and have wonderful gains!', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/', 'hztmdy', [['u/Halvv', 14, '2020-07-29 10:13', 'https://www.reddit.com/r/csgomarketforum/comments/hztmdy/q_any_750_item_that_didnt_explode_in_price_and_is/fzlot7d/', "St Fn Awp containment breach, also has the chance of slowly rising cuz discontinued case which doubled in price while the awp basically din't rise at all.", 'hztmdy']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, July 29, 2020', 55, '2020-07-29 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/', 'hztta5', [['u/keenumsbigballs', 27, '2020-07-29 07:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlcywj/', "If I remember anything from 2017 its that move ups happen suddenly. You could wait for days in a price channel and start to doubt your position then it just pumps and we're at a whole new price channel.", 'hztta5'], ['u/matteroll', 15, '2020-07-29 07:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzle0f2/', "It looks like it's going to be another golden cross on the hourly 🤔", 'hztta5'], ['u/biggunsg0b00m', 20, '2020-07-29 07:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlf476/', "I can't even remember what i had for breakfast", 'hztta5'], ['u/Gamm86', 10, '2020-07-29 07:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlfgsx/', 'StochRSI was reset on the 4H chart.\n\nStill high on the daily but history has shown us it can stay this high for several days in a row.\n\nThis run is most likely not done yet.', 'hztta5'], ['u/intertron', 11, '2020-07-29 08:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlhe5e/', 'Daily gilded, prepare for takeoff.', 'hztta5'], ['u/Buckyboycoin', 10, '2020-07-29 08:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlhgh6/', 'Anyway. 11.2 and 12.5 are the next we focus on', 'hztta5'], ['u/Tao_Jonez', 13, '2020-07-29 09:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlm0mr/', "The economic conditions that inspired the creation of Bitcoin in 2009 are still with us, and have only gotten worse. The debt-based fiat money system is going to implode; exactly how and when, we don't know. But Bitcoin is going to party all the way to a new ATH.", 'hztta5'], ['u/cryptokeeper1981', 33, '2020-07-29 09:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlmq68/', 'I just recieved an email from ledger warning of a database breach. User names and addresses were exposed. This is not something nice to read:', 'hztta5'], ['u/HanumanTheHumane', 17, '2020-07-29 09:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlmrss/', 'Resistance was 10500, not 10k. We retested it yesterday.', 'hztta5'], ['u/33virtues', 11, '2020-07-29 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzloofc/', 'I care a lot. Will never buy another Ledger product after this.', 'hztta5'], ['u/CirclejerkBitcoiner', 11, '2020-07-29 10:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzloy4g/', "Seems like it's retards hour in here. Unfortunately this is huge and leaves a very bad taste in my mouth. For now i can still hope i'm not in the affected subset of customer data.", 'hztta5'], ['u/cryptokeeper1981', 13, '2020-07-29 11:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlsg7s/', 'It does...', 'hztta5'], ['u/throw39284725', 17, '2020-07-29 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlt4ru/', "You're naive if you still believe Tether is pumping this market without actual funds inflow. \n\nWhy is it so hard to imagine that there is actual USD demand for Tether?", 'hztta5'], ['u/aeronbuchanan', 18, '2020-07-29 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlt6ei/', 'Given that a huge proportion of fiat on-ramps involve tether, why is it so hard to believe that this minting is simply a measure of fiat in-flow to crypto markets? There is no need to resort to massive conspiracy theory pump-n-dump price manipulation ideas to explain tether minting. This "manipulation" is actually the very crypto demand most in the ecosystem crave.', 'hztta5'], ['u/amiblue333', 12, '2020-07-29 12:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlw07i/', 'More Tether @whale_alert: 💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 300,000,000 #USDT (299,651,480 USD) minted at Tether Treasury', 'hztta5'], ['u/aeronbuchanan', 12, '2020-07-29 12:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzly2wi/', '> pump n dump loop ..\n> hf & keep on wondering\n> edit: basically this sums it up imho:\n\nYou did more than just "point it out" - you equated it to a unicorn shitting rainbow poo and suggested that it\'s all some pump-n-dump conspiracy. That\'s what you got down voted for. FWIW I didn\'t downvote you.', 'hztta5'], ['u/aeronbuchanan', 18, '2020-07-29 12:51', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzly9hi/', 'Given that tether is a major part of fiat on-ramps, it\'s more than likely that tether minting is actually just a real signal of the "organic demand" you referred to. No need for any complicated conspiracy theory explanations.', 'hztta5'], ['u/GrossBit', 11, '2020-07-29 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzlyyvp/', 'Excellent method for losing your btc', 'hztta5'], ['u/Danny_Lunchbox', 16, '2020-07-29 14:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm35iz/', 'BTC = $ 11111\n\nMake a wish...', 'hztta5'], ['u/CryptoDaSupaDawg', 15, '2020-07-29 14:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm3bfk/', "I wish that had at least three more 1's.", 'hztta5'], ['u/Longlang', 33, '2020-07-29 14:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/hztta5/daily_discussion_wednesday_july_29_2020/fzm3sov/',... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['It’s was a busier start to the day on theeconomic calendar. The Kiwi Dollar and the Japanese Yen were in action in the early part of the day.\nAway from the economic calendar, COVID-19 and the U.S stimulus package remained in focus following the FED’s overnight monetary policy decision.\nAccording to figures at the time of writing, thenumber of new coronavirus casesrose by 287,638 to 17,171,292 on Wednesday. On Tuesday, the number of new cases had risen by 241,391. The daily increase was higher than Tuesday’s rise while down from 288,688 new cases from the previous Wednesday.\nGermany, Italy, and Spain reported 3,179 new cases on Wednesday, which was up from 2,602 new cases on Tuesday. On the previous Wednesday, 2,217 new cases had been reported.\nFrom the U.S, the total number of cases rose by 69,828 to 4,498,209 on Wednesday. On Tuesday, the total number of cases had increased by 64,799. On Wednesday, 22ndJuly, a total of 72,306 new cases had been reported.\nBuilding consents and July business confidence figures provided the Kiwi Dollar with direction early on.\nAccording toNZ Stats, building consents rose by 0.50% in June, following a 41.7% jump in May. While up marginally for the month, consents were up by close to 20% from June 2019.\nThe Kiwi Dollar moved from $0.66681 to $0.66657 upon release of the data.\nIn July, the ANZ Business Confidence Index rose from -34.4 to -31.8.\nAccording to the latestANZ Report,\n• A net 9% of firms expect weaker economic activity in their own business, rising from -26% in June.\n• The retail sector drove the recovery, while the agriculture sector was the most negative.\n• 31% of firms say they intend to lay off staff, and 24% say they have less staff than a year ago.\nThe Kiwi Dollar moved from $0.66649 to $0.66570 upon release of the figures. At the time of writing, theKiwi Dollardown by 0.18% to $0.6657.\nAccording to theMinistry of Economy, Trade, and Industry, retail sales fell by 1.20%. Economists had forecast a 6.50% slide. In May retail sales had tumbled by 12.3% in May, year-on-year.\nThe Japanese Yen moved from ¥105.012 to ¥105.008 upon release of the figures. At the time of writing, theJapanese Yenwas down by 0.14% to ¥105.07 against the U.S Dollar.\nAt the time of writing, theAussie Dollarwas up by 0.18% to $0.7175.\nIt’s a busy day ahead on theeconomic calendar. Key stats include 2ndquarter GDP and July unemployment figures from Germany.\nThe Eurozone’s unemployment rate and German prelim July inflation figures for July are also due out. The numbers will likely have a muted impact on the EUR.\nExpect the GDP and July unemployment figures to be the key driver, along with COVID-19 news and U.S stimulus package updates.\nAt the time of writing, theEURwas down 0.17% to $1.1772.\nIt’s yet another particularly quiet day ahead on theeconomic calendar. There are no material stats due out of the UK to provide the Pound with direction.\nA lack of stats will continue to leave the Pound in the hands of Brexit and market risk sentiment.\nAt the time of writing, thePoundwas down by 0.13% to $1.2980.\nIt’s another relatively busy day ahead for the U.S Dollar. 2ndquarter GDP and weekly initial jobless claims figures are due out.\nWhile we can expect influence from the GDP numbers, the weekly jobless claims could garner more attention. Another rise in claims will test the market’s resolve.\nAway from the calendar, the U.S stimulus package and COVID-19 will remain in focus.\nAt the time of writing, theDollar Spot Indexwas down by 0.10% to 93.357.\nIt’s another particularly quiet day ahead on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction.\nA lack of stats will leave the Loonie in the hands of market risk sentiment that will be driven by geopolitics and COVID-19.\nAt the time of writing, theLooniewas down by 0.05% to C$1.3346 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The Crypto Daily – The Movers and Shakers – July 30th, 2020\n• S&P 500 Price Forecast – Stock Markets Continue to Climb in General\n• Crude Oil Price Forecast – Crude Oil Markets Continue Sideways March\n• Trump, the Polls, and that Glimmer of Hope\n• Is it a Good Time to Buy Bitcoin?\n• Technical Patterns, Future Expectations and More – Part II', 'Earlier in the Day: It’s was a busier start to the day on the economic calendar . The Kiwi Dollar and the Japanese Yen were in action in the early part of the day. Away from the economic calendar, COVID-19 and the U.S stimulus package remained in focus following the FED’s overnight monetary policy decision. Looking at the latest coronavirus numbers According to figures at the time of writing, the number of new coronavirus cases rose by 287,638 to 17,171,292 on Wednesday. On Tuesday, the number of new cases had risen by 241,391. The daily increase was higher than Tuesday’s rise while down from 288,688 new cases from the previous Wednesday. Germany, Italy, and Spain reported 3,179 new cases on Wednesday, which was up from 2,602 new cases on Tuesday. On the previous Wednesday, 2,217 new cases had been reported. From the U.S, the total number of cases rose by 69,828 to 4,498,209 on Wednesday. On Tuesday, the total number of cases had increased by 64,799. On Wednesday, 22 nd July, a total of 72,306 new cases had been reported. For the Kiwi Dollar Building consents and July business confidence figures provided the Kiwi Dollar with direction early on. According to NZ Stats , building consents rose by 0.50% in June, following a 41.7% jump in May. While up marginally for the month, consents were up by close to 20% from June 2019. The Kiwi Dollar moved from $0.66681 to $0.66657 upon release of the data. In July, the ANZ Business Confidence Index rose from -34.4 to -31.8. According to the latest ANZ Report , A net 9% of firms expect weaker economic activity in their own business, rising from -26% in June. The retail sector drove the recovery, while the agriculture sector was the most negative. 31% of firms say they intend to lay off staff, and 24% say they have less staff than a year ago. The Kiwi Dollar moved from $0.66649 to $0.66570 upon release of the figures. At the time of writing, the Kiwi Dollar down by 0.18% to $0.6657. Story continues For the Japanese Yen According to the Ministry of Economy, Trade, and Industry , retail sales fell by 1.20%. Economists had forecast a 6.50% slide. In May retail sales had tumbled by 12.3% in May, year-on-year. The Japanese Yen moved from ¥105.012 to ¥105.008 upon release of the figures. At the time of writing, the Japanese Yen was down by 0.14% to ¥105.07 against the U.S Dollar. Elsewhere At the time of writing, the Aussie Dollar was up by 0.18% to $0.7175. The Day Ahead: For the EUR It’s a busy day ahead on the economic calendar . Key stats include 2 nd quarter GDP and July unemployment figures from Germany. The Eurozone’s unemployment rate and German prelim July inflation figures for July are also due out. The numbers will likely have a muted impact on the EUR. Expect the GDP and July unemployment figures to be the key driver, along with COVID-19 news and U.S stimulus package updates. At the time of writing, the EUR was down 0.17% to $1.1772. For the Pound It’s yet another particularly quiet day ahead on the economic calendar . There are no material stats due out of the UK to provide the Pound with direction. A lack of stats will continue to leave the Pound in the hands of Brexit and market risk sentiment. At the time of writing, the Pound was down by 0.13% to $1.2980. Across the Pond It’s another relatively busy day ahead for the U.S Dollar. 2 nd quarter GDP and weekly initial jobless claims figures are due out. While we can expect influence from the GDP numbers, the weekly jobless claims could garner more attention. Another rise in claims will test the market’s resolve. Away from the calendar, the U.S stimulus package and COVID-19 will remain in focus. At the time of writing, the Dollar Spot Index was down by 0.10% to 93.357. For the Loonie It’s another particularly quiet day ahead on the economic calendar. There are no material stats due out of Canada to provide the Loonie with direction. A lack of stats will leave the Loonie in the hands of market risk sentiment that will be driven by geopolitics and COVID-19. At the time of writing, the Loonie was down by 0.05% to C$1.3346 against the U.S Dollar. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – The Movers and Shakers – July 30th, 2020 S&P 500 Price Forecast – Stock Markets Continue to Climb in General Crude Oil Price Forecast – Crude Oil Markets Continue Sideways March Trump, the Polls, and that Glimmer of Hope Is it a Good Time to Buy Bitcoin? Technical Patterns, Future Expectations and More – Part II', 'The swing trade took one month to play out and we had to sit through a lot of noise, but the price structure never turned bearish, even though it appeared questionable at times.\nThe question everyone is asking: now a good time to buy? And in terms of our long-only swing trade strategy, the answer is NO. Why not? It looks strong now? The risk of retrace after such a move is very high. This is NOT a location that offers attractive reward/risk, even though price appears to be pushing higher.\nNow that we are out of our position, we WAIT for the next long setup and this begins with first anticipating an inflection point. At the moment, that point is the 10,400 area. This is the previous range resistance, which is now likely to act as a new support. IF price can retrace to this area, and produce a setup, we will be prompted to share a new swing trade idea. It may find support sooner, but only price action can provide the evidence and there is nothing at the moment except for vertical candles.\nThis is Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-07-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $201,506,362,631 - Hash Rate: 113062072.092113 - Transaction Count: 327789.0 - Unique Addresses: 689993.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After thelargest options expiryin history, bitcoin ended its fifth week of bouncing around the $9,000s price range. Bitcoin(BTC) was trading around $9,180 as of 20:00 UTC (4 p.m. ET), slipping almost 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 p.m. Thursday ET), bitcoin was changing hands around $9,300 on spot exchanges such as Bitstamp. After putting in the Friday high of $9,291, bitcoin failed to rally from Thursday’s sell-off to $8,990 from $9,650 and continued to trade hands between $9,000 and $9,200. Related:First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing) Trading volume on Thursday was only slightly lower than Wednesday, the two largest trading days for Coinbase spot bitcoin volume at $126 million and $124 million respectively. For Friday, volume on Coinbase is at $84 million, according toSkew. Friday’s slight drop in volume is unsurprising given its price action since early Thursday. In addition to the large bitcoin options expiry, Thursday is statistically the most volatile weekday with the largest trading volume, according to research by cryptocurrency data firmMarket Science. Friday volume and volatility generally tapers off, leading into a quiet weekend for the crypto market. See also:A Key Thesis for Bitcoin’s Long-Term Bull Market Just Got a Knock Bitcoin continues to outperform the S&P 500, and is 21 percentage points higher for the year to date over the leading equities index. But the tight correlation between bitcoin and traditional markets is unlikely to break anytime soon. “Bitcoin will likely remain highly correlated with stocks until a more stable environment is established,” said Joseph Todaro, managing partner at Blocktown Capital. Related:Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months To some analysts, the bellwether cryptocurrency’s inability to break above $10,000 signals a potential loss of bullish momentum. After multiple attempts, Bitcoin not breaking $10,000 “shows how weak it is at the moment,” said João Leite, lead analyst at cryptocurrency research firm Blockfyre, speaking of buying interest in bitcoin. Meanwhile, major stock indices are mostly down on Friday. The Nikkei 225 of publicly traded companies in Japan opened 0.6% higher than Thursday’s close and gained almost 0.4% during Friday’s trading hours. The index’s gains come despiteU.S. markets’ fears over an ongoing spike in coronavirus cases. The FTSE 100 index in Europe dropped roughly more than 1% from its daily open at the time of publishing. Since Monday, the index dropped roughly 2 percent. The U.S. S&P 500 index fell more than 2% on Friday at the time of publication. A recentsurge in coronavirus cases in many statesis likely the cause for the market giving back gains from Thursday, when the index climbed 1.3 percent. See also:Summer 2020 Is Funding Season for Open-Source Bitcoin Development Ether, (ETH) the second-largest cryptocurrency by market capitalization, was up down 1.5% Friday, trading around $229 and after dropping 10% in 24 hours on Wednesday and staying below $235 on Thursday, according to trading on BitMEX. The ether sell=off and relatively flat price action in the second half of the week could be the beginning of a correction amidst the on-going speculative fervor over “yield farming” in the decentralized finance ecosystem of cryptocurrency applications. According to Darren Lau, market research analyst at CoinGecko, it seems like “everyone is making money right now, and it has been easy.” But to him, it’s getting “too easy” and a correction could be imminent.It could be more than a price drop, however, Lau added. If the “yield farming” trend fades as the price of ether drops, “how many farms are going to collapse too,” he asked. Answering his own question, Lau said he expects “a bigger chain reaction thanBlack Thursday” due to the close interlocked nature of every decentralized finance application. Digital assets relevant to decentralized finance investors were mostly higher on Friday. Augur (REP) climbed 3%, synthetix (SNX) climbed 3.3%, nexo (NEXO) climbed nearly 5% and 0x (ZRX) climbed more than 6 percent, according to market data fromMessari. All price changes were as of 20:00 UTC (4:00 p.m. ET). See also:The COVID-19 E-Commerce Boom Hasn’t Trickled Down to Bitcoin, Despite Advantages In commodities, gold recovered to a daily gain 0.15% after dropping more than 1% during afternoon trading hours. The yellow metal is trading around $1,768 as of 20:00 UTC (4:00 p.m. ET). • Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K • Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following on from a 1.70% gain on Wednesday, Bitcoin ended the day at $11,123.0.\nA bearish start to the day saw Bitcoin fall to an early afternoon intraday low $10,855.8 before making a move.\nFinding support at the first major support level at $10,852, Bitcoin rose to a late high $11,186.1.\nFalling well short of the first major resistance level at $11,380, Bitcoin fell back to sub-$11,100 levels and into the red.\nFinding late support, however, Bitcoin move struck a final hour intraday high $11,188 before easing back.\nIn spite of the pullback, Bitcoin closed out the day in the green.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Thursday.\nEthereum rallied by 5.39% to lead the way.\nBitcoin Cash ABC (+2.43%), Bitcoin Cash SV (+1.52%), Litecoin (+2.92%), Monero’s XMR (+2.58%), and Stellar’s Lumen (+1.72%) also found strong support.\nBinance Coin (+0.55%), Cardano’s ADA (+0.62%), EOS (+0.90%), Ripple’s XRP (+0.36%), Tezos (+0.90%), and Tron’s TRX (+0.32%) tailed the front runners.\nIn the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $321.79bn.\nBitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.58.\nAt the time of writing, Bitcoin was down by 0.16% to $11,105.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,149.3 before falling to a low $11,100.3.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (+0.51%), Monero’s XMR (+0.22%), and Tezos (+0.01%) bucked the trend early on.\nIt was a bearish start for the rest of the majors, with Bitcoin Cash SV down by 0.58% to lead the way down.\nBitcoin would need to avoid a fall through the $11,056 pivot to support a run at the first major resistance level at $11,255.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $11,189.2.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,388.\nFailure to avoid a fall through the $11,056 pivot level would bring the first major support level at $10,923 into play.\nBarring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels and the second major support level at $10,723.\nThisarticlewas originally posted on FX Empire\n• S&P 500 Price Forecast – Stock Market Pulls Back to Support\n• European Equities: Economic Data, Earnings, and U.S Stimulus in Focus\n• Natural Gas Price Prediction – Prices Drop Following Inventory Report\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3238.00, Weakens Under 3194.75\n• USD/CAD Daily Forecast – Canadian Dollar Loses Ground As WTI Oil Dips Below $40\n• Crude Oil Price Forecast – Crude Oil Markets Selloff', 'Bitcoin, BTC to USD, rose by 0.05% on Thursday. Following on from a 1.70% gain on Wednesday, Bitcoin ended the day at $11,123.0. A bearish start to the day saw Bitcoin fall to an early afternoon intraday low $10,855.8 before making a move. Finding support at the first major support level at $10,852, Bitcoin rose to a late high $11,186.1. Falling well short of the first major resistance level at $11,380, Bitcoin fell back to sub-$11,100 levels and into the red. Finding late support, however, Bitcoin move struck a final hour intraday high $11,188 before easing back. In spite of the pullback, Bitcoin closed out the day in the green. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Ethereum rallied by 5.39% to lead the way. Bitcoin Cash ABC (+2.43%), Bitcoin Cash SV (+1.52%), Litecoin (+2.92%), Monero’s XMR (+2.58%), and Stellar’s Lumen (+1.72%) also found strong support. Binance Coin (+0.55%), Cardano’s ADA (+0.62%), EOS (+0.90%), Ripple’s XRP (+0.36%), Tezos (+0.90%), and Tron’s TRX (+0.32%) tailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $321.79bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.58. This Morning At the time of writing, Bitcoin was down by 0.16% to $11,105.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,149.3 before falling to a low $11,100.3. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.51%), Monero’s XMR (+0.22%), and Tezos (+0.01%) bucked the trend early on. Story continues It was a bearish start for the rest of the majors, with Bitcoin Cash SV down by 0.58% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,056 pivot to support a run at the first major resistance level at $11,255. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $11,189.2. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,388. Failure to avoid a fall through the $11,056 pivot level would bring the first major support level at $10,923 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels and the second major support level at $10,723. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast – Stock Market Pulls Back to Support European Equities: Economic Data, Earnings, and U.S Stimulus in Focus Natural Gas Price Prediction – Prices Drop Following Inventory Report E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3238.00, Weakens Under 3194.75 USD/CAD Daily Forecast – Canadian Dollar Loses Ground As WTI Oil Dips Below $40 Crude Oil Price Forecast – Crude Oil Markets Selloff', '(Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones. In an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts. Forty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded. Read more: Twitter’s Security Woes Included Broad Access to User Accounts Bloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt to gain access to user-support tools. The company required employees to take an online security training course last week, which covered a number of phishing techniques including phone calls, people familiar with the matter said. The company continues to operate with “significantly limited access” to its internal tools and systems as a precautionary measure two weeks after the hack, the company said. “Until we can safely resume normal operations, our response times to some support needs and reports will be slower,” the company said in a series of update tweets. “We’re accelerating several of our pre-existing security workstreams and improvements to our tools.” As the U.S. president’s go-to social media platform, Twitter bears additional responsibility for ensuring that its security protocols are robust. While Donald Trump’s account was not among those compromised in the July hack, his Democratic opponent in the upcoming November election, former vice president Joe Biden, was. Twitter’s latest communication acknowledges “how important each person on our team is in protecting our service. We take that responsibility seriously and everyone at Twitter is committed to keeping your information safe.” Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones.\nIn an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts.\nForty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded.\nRead more: Twitter’s Security Woes Included Broad Access to User Accounts\nBloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt 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: 2020-07-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $207,877,132,741 - Hash Rate: 128137015.037728 - Transaction Count: 356906.0 - Unique Addresses: 733209.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: With bitcoin looking heavy this week, short-term sentiment in the options market has flipped bearish. The leading cryptocurrency by market value fell to $9,070 soon before press time, reversing the 2.5% rise to $9,450 seen last week, according to CoinDesks Bitcoin Price Index . Prices are now closing on the lower end of the multi-week-long trading range of $9,000$10,000. Reflecting the downward trend, the one-month put-call skew for bitcoin options, a metric that measures the price of (bearish) put options relative to (bullish) call options, has risen to 4.9%, according to data provided by crypto derivatives research firm Skew. The positive number indicates short-term put options are drawing higher prices than calls. Traders, the data suggests, are making speculative bets to the downside or are hedging against a potential bearish move (that is, buying puts against long positions in the spot market), Shaun Phoon, senior trader at QCP Capital, told CoinDesk. The one-month skew was hovering at lows below -7% a week ago, indicating stronger demand for call options a sign of bullish bias in the options market. While the one-month skew is now more bearish, the six-month skew remains below zero or bullish. Demand for call options expiring in December is still higher than that for puts. The three-month skew is hovering in the neutral zone near 0%. Also read: Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze Disclosure: The author holds no cryptocurrency assets at the time of writing. Related Stories Bitcoin Option Traders Now Betting on Short-Term Price Drop Bitcoin Option Traders Now Betting on Short-Term Price Drop Bitcoin Option Traders Now Betting on Short-Term Price Drop Bitcoin Option Traders Now Betting on Short-Term Price Drop... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago.\n• Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017.\n• Bitcoin futures on CME closed July at $11,620.\n• Bitcoin gained 24% in July, according toMessari, a relief to bullish traders after a 3% loss in June.\n• Bitcoin’s investor base is “highly favorable” for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder ofDelphi Digital.\n• “The supply on exchanges is close to 12-month lows,” said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin’s supply that has not moved in the past year is at all-time highs, he added.\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago.\n• Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017.\n• Bitcoin futures on CME closed July at $11,620.\n• Bitcoin gained 24% in July, according toMessari, a relief to bullish traders after a 3% loss in June.\n• Bitcoin’s investor base is “highly favorable” for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder ofDelphi Digital.\n• “The supply on exchanges is close to 12-month lows,” said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin’s supply that has not moved in the past year is at all-time highs, he added.\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak\n• Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency\x92s all-time high nearly two-and-a-half years ago. Prior to this month, Bitcoin had closed below $11,000 every month since nearly reaching $20,000 in December 2017. Bitcoin futures on CME closed July at $11,620. Bitcoin gained 24% in July, according to Messari , a relief to bullish traders after a 3% loss in June. Bitcoin\x92s investor base is \x93highly favorable\x94 for a continued move up, said Yan Liberman, former associate at Deutsche Bank and co-founder of Delphi Digital . \x93The supply on exchanges is close to 12-month lows,\x94 said Liberman, who said this signals a strong commitment to hold bitcoins for the long term. The percent of bitcoin\x92s supply that has not moved in the past year is at all-time highs, he added. Related Stories Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak Bitcoin Ends July at Highest Monthly Close Since 2017 Peak', 'Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,440. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,710. Failure to move through the $11,260 pivot level would bring the first major support level at $11,080 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels and the second major support level at $10,810. This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Weekly Price Forecast – Continue to Grind Through Earnings Season Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself US Stock Market Overview – Stocks Close Higher to Close out the Month on an Up Note E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Major Support 25938, Resistance 26608 European Equities: A Week in Review – 01/08/20 European Equities: A Month in Review – July 2020', 'Bitcoin, BTC to USD, rallied by 2.04% on Friday. Following a 0.05% gain on Thursday, Bitcoin ended the month up by 24.04% to $11,350.0. A bearish start to the day saw Bitcoin fall to an early morning intraday low $10,990 before making a move. Steering clear of the first major support level at $10,923.2, Bitcoin rose to a late afternoon intraday high $11,440.0. Bitcoin broke through the first major resistance level at $11,255.4 and the second major resistance level at $11,387.8. A late pullback saw Bitcoin fall back through the resistance levels before finding support. Bitcoin broke back through the first major resistance level to wrap up the day at $11,350 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Binance Coin (+7.76%), Bitcoin Cash SV (+7.19%), and Ripple’s XRP (+6.22%) led the way. Bitcoin Cash ABC (+2.22%), Ethereum (+3.46%), Litecoin (+2.46%), and Monero’s XMR (+4.39%), also found strong support. EOS (+1.36%), Stellar’s Lumen (+0.73%), Tezos (+1.44%), and Tron’s TRX (+1.93%) trailed the front runners. Cardano’s ADA bucked the trend, however, falling by 1.17%. It was a bullish July for the crypto market. Cardano’s ADA surged by 67.38% to lead the majors. Bitcoin Cash SV (+46.21%), Ethereum (+53.82%), Litecoin (+41.45%), Ripple’s XRP (+48.21%), and Stellar’s Lumen (+45.72%) also found strong support. Binance Coin (+34.44%), Bitcoin Cash ABC (+34.87%), EOS (+30.56%), Monero’s XMR (33.17%), Tezos (+20.69%), and Tron’s TRX (+20.39%) trailed the front runners. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Monday high $335.81bn. At the time of writing, the total market cap stood at $326.94bn. Story continues Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.53. This Morning At the time of writing, Bitcoin was down by 0.82% to $11,257.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,398 before falling to a low $11,238.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. At the time of writing, Bitcoin Cash ABC (+0.14%), Cardano’s ADA (+0.21%), and Stellar’s Lumen (+0.69%) found early support. It was a bearish start for the rest of the majors, however. Ripple’s XRP was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,260 pivot to support a run at the first major resistance level at $11,530. Support from the broader market would be needed, however, for Bitcoin to break out Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $207,877,132,741 - Hash Rate: 114737065.752737 - Transaction Count: 296705.0 - Unique Addresses: 644333.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The likelihood of bitcoin challenging record highs by the end of the year may have have increased with the cryptocurrency’s violation of major price resistance – but don’t raise your hopes too high just yet. Bitcoin jumped above $10,300 on Sunday, breaching the resistance of a trendline falling from the December 2017 to June 2019 highs. Following the bullish move, the options market now shows a 7% probability of bitcoin rising to the historical 2017 all-time high of $20,000 before year’s end, according to data from crypto derivatives analytics firm Skew . The number had dropped to 4% a week ago with short-term implied volatility, a gauge of the market’s expectations for bitcoin’s future volatility, falling to record lows. “Options market is repricing quickly the probability of [new highs] by the end of the year, from 4 to 7% over the last week,” Skew CEO Emmanuel Goh told CoinDesk in a Telegram Chat. However, the odds remain below 10%, meaning traders believe a rally to $20,000 is unlikely to happen this year. That’s because market participants “as yet remain unconvinced that this short-term rise in volatility will extend into year-end,” said Shaun Phoon, a trader at QCP Capital. The one-month implied volatility metric – the market’s expectation of how volatile bitcoin will be over the next 30 days – has risen from 48% to 64% with Sunday’s price breakout. However, longer-term price volatility expectations remain depressed. Six-month implied volatility has registered a meager rise from 65% to 68% over the past three days and remains below the lifetime average of 76%. Implied volatility has a positive impact on option probabilities: that is, when implied volatility rises, bitcoin is more likely to reach a certain level before a specific date. Bitcoin’s price is currently trading at $10,290, representing over 3% gains on the day. Disclosure: The author holds no cryptocurrency at the time of writing . Related Stories Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests Odds of Bitcoin Hitting Record High in 2020 Are (Slightly) Up, Options Data Suggests... - Reddit Posts (Sample): [['u/CardiacLover', 'Does using my own phone number for verification link my name to the transaction at a Bitcoin atm?', 32, '2020-08-01 00:07', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/', 'Pretty sure the answer is yes but just making sure', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/', 'i1gnpm', [['u/businessguy123', 11, '2020-08-01 04:50', 'https://www.reddit.com/r/BitcoinBeginners/comments/i1gnpm/does_using_my_own_phone_number_for_verification/fzy4tcg/', 'Just download one of those free texting apps and use one of those disposable numbers that what I do. Or here in the U.S. u can buy like an AT&T go phone for like $10 and put little airtime on it and create an account with a fake name and info and activate on your own from home (not in store) if you trying to keep your identity secret. May want to use vpn or tor browser as well to activate it online', 'i1gnpm']]], ['u/PelotonMod', '[Race Thread] Strade Bianche WE (1.WWT)', 35, '2020-08-01 01:37', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/', "\|Date\|From > To\|Length\|Type\|Finish\|Arrival\|\n\|-\|-\|-\|:-\|:-\|:-\|\n\|August 1^st\|[Siena › Siena](https://www.strade-bianche.it/wp-content/uploads/2016/02/SB20_ME_plan_jpg.jpg?v=4429)\|136km\|[Hilly + gravel](https://www.strade-bianche.it/en/percorso/)\| [Uphill](https://www.procyclingstats.com/images/profiles/ap/bf/strade-bianche-we-2020-result-finish-n2-d4762762d4.png) \|[c.a ~ 16:00 CEST](https://www.strade-bianche.it/wp-content/uploads/2020/07/Programma-Strade-Bianche-WE-2020-ITA-ENG-new.pdf) / 15:00 BST (14:00 UTC) \|\n\n\|\|\|\n\|-\|-\|\n\|Information\| [Official Site](https://www.strade-bianche.it/en/) / [Startlist](https://www.strade-bianche.it/wp-content/uploads/2020/07/SBWE20_Starters.pdf) / [Weather](https://www.windfinder.com/#10/43.3307/11.2994/2020-08-01T21:00Z)\n\|Live Trackers\| [Official Twitter](https://twitter.com/StradeBianche) / [Cyclingnews ticker](http://live.cyclingnews.com/)\n\|Previews\| [Cycling News](https://www.cyclingnews.com/races/strade-bianche-women-2020/preview/) / [Pro Cycling UK](https://www.procyclinguk.com/womens-strade-bianche-2020-preview-tips-contenders-profile/) / [Cycling Tips](https://cyclingtips.com/2020/07/preview-your-guide-to-the-2020-womens-strade-bianche/)\n\|TV\| RAI / L'Equipe / Fubo / Flosports / \n\|Streams\| GCN app / Tiz / Race Coverage starts at 15:00 CEST / 14:00 BST (13:00 UTC)\n\n---\n\n\|Participating Teams\|\n\|---- \|\n\| Mitchelton Scott (x), Ale BTC Ljubljana (1x), Aromitalia- Basso Bikes- Vaiano (2x), Astana Women's Team (3x), Bepink (4x), Boels Doelmans Cycling Team (5x), Canyon Sram Racing (6x), CCC- Liv (7x), Ceratizit- WNT Pro Cycling Team (8x), Cogeas Mettler Look Pro Cycling Team (9x), Equipe Paul Ka (10x), Eurotarget-Bianchi- Vittoria (11x), FDJ Nouvelle- Auitaine Fururoscope (12x), Lotto Soudal Ladies (13x), Movistar Team Women (14x), Parkhotel Valkenburg (15x), Servetto- Piumate- Beltrami TSA (16x), Team Sunweb (17x), Team Tibco-Silicon Valley Bank (18x), Top Girls Fasso Bartolo (19x), Trek Segafredo (20x), Valcar- Travel and Service (21x) \n \n\n* For a live chat way to discuss/follow the race we [have a discord too](https://discord.gg/Nd5sZn)!", 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/', 'i1i4vo', [['u/Sappert', 11, '2020-08-01 01:42', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzxkwpt/', 'hype', 'i1i4vo'], ['u/Kjaerfps', 11, '2020-08-01 03:56', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzxziwn/', 'Either a very early race thread or a very late one.', 'i1i4vo'], ['u/wolfpackiaaw', 17, '2020-08-01 05:54', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyap8z/', 'How embarrassing! Disregard', 'i1i4vo'], ['u/rjbman', 24, '2020-08-01 06:41', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyesz0/', "mvdp just can't pass up a chance to win!", 'i1i4vo'], ['u/TwistedWitch', 12, '2020-08-01 09:45', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzyrimx/', '[Trek segafredo have had their bikes stolen !](https://twitter.com/TrekSegafredo/status/1289457949509910528?s=19)', 'i1i4vo'], ['u/epi_counts', 13, '2020-08-01 13:41', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzz4yrb/', 'Good news: [the riders are on the slowest time schedule](https://twitter.com/petervdveen/status/1289525575191683072) which means more of the finale will be televised!', 'i1i4vo'], ['u/nalc', 12, '2020-08-01 15:00', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzahui/', "Looks like Tiz is starting the stream at 10 past the hour. I'll be watching on mute. The 2043 Strade Bianche WE winner just fell asleep after being fussy all morning.", 'i1i4vo'], ['u/HerHor', 15, '2020-08-01 15:21', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzc8yu/', '[KM 136 - 25: race start, first live images; M. Garcia Canellas \\(ESP, ALE\\) in front; chase group of 10](https://streamable.com/78bgjg)', 'i1i4vo'], ['u/Avila99', 12, '2020-08-01 15:33', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzd9lx/', 'His intentions were well, I guess.', 'i1i4vo'], ['u/25mieke', 15, '2020-08-01 15:39', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzdru7/', 'A sudden Van Vleuten appears', 'i1i4vo'], ['u/epi_counts', 10, '2020-08-01 15:39', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzds47/', "Hand clocked the difference - it's 2:25 between Garcia and the first chasing group (clocked when they arrived on the bigger road).", 'i1i4vo'], ['u/25mieke', 10, '2020-08-01 15:43', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzze3nr/', 'Handclocked about 1:30 gap between Garcia and chasers (start of the last sector)', 'i1i4vo'], ['u/MacJokic', 19, '2020-08-01 15:46', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzed03/', 'Good to see the timekeepers are already in prime giro form, after such a long break.', 'i1i4vo'], ['u/MacJokic', 19, '2020-08-01 16:01', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzfsrd/', "Garcia's corners are atrocious.", 'i1i4vo'], ['u/Avila99', 13, '2020-08-01 16:06', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzgch7/', 'Kudos to Garcia. Amazing race.', 'i1i4vo'], ['u/DeboEyes', 12, '2020-08-01 16:07', 'https://www.reddit.com/r/peloton/comments/i1i4vo/race_thread_strade_bianche_we_1wwt/fzzgg45/', 'First place among mortals for Garcia.', 'i1i4vo']]], ['u/georgedonnelly', 'Bitcoin Cash ForkDay Anniversary Mega-Thread', 45, '2020-08-01 01:42', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/', "Saturday, 1 August is the third anniversary of the day Bitcoin Cash forked from Bitcoin Core.\n\nLet's celebrate this day with positive messages and consistent actions for Bitcoin Cash that promote dialog, teamwork, cooperation, respect, building, passion and fun.\n\nPlease post below your ForkDay Anniversary content. Live blog the day! Let's do this big as our next constructive step towards realizing the vision and promise of Bitcoin Cash as world-scale, censorship-resistant peer-to-peer electronic cash that empowers everyone to greater liberty and prosperity.", 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/', 'i1i7fu', [['u/georgedonnelly', 12, '2020-08-01 01:43', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzxl293/', 'Watch the conference from 05:30 UTC / 07:30 CEST / 13:30 GMT+8 / 22:30 PDT (-1) for 17 hours of content: http://2020.bitcoincash.org/\n\nAnd there is a meme contest: https://read.cash/@georgedonnelly/meme-contest-for-bch-forkday-2020-58b0c0b8', 'i1i7fu'], ['u/tcrypt', 10, '2020-08-01 01:58', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzxmx42/', "Great work everyone who helped put this together! I know George especially was doing a ton to prepare. Good luck to all the speakers and I can't wait to see you all there!", 'i1i7fu'], ['u/BitcoinXio', 11, '2020-08-01 04:03', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzy07dz/', 'Awesome, thanks George. I’m going to sticky this so we can begin the celebrations! :))', 'i1i7fu'], ['u/Justin_Other_Bot', 15, '2020-08-01 04:30', 'https://www.reddit.com/r/btc/comments/i1i7fu/bitcoin_cash_forkday_anniversary_megathread/fzy2tdi/', "Starting on a good note. Here's to another year of censorship free p2p electronic cash.", 'i1i7fu']]], ['u/ollreiojiroro', 'Help: Private Key Leakge caused by reusing BTC addresses, what does that mean??', 15, '2020-08-01 01:44', 'https://www.reddit.com/r/ledgerwallet/comments/i1i8pw/help_private_key_leakge_caused_by_reusing_btc/', "Hi u/btchip a guy in this thread mentioned that reusing same BTC addresses could make reingeneering of the private key possible and people should avoid that, https://www.reddit.com/r/ledgerwallet/comments/hzgaky/ledgers_apps_have_read_access_to_private_key/fzn7t5o/?context=3\n\nHe says it has to do with the BTC protocol's cryptography or sth like that...every time you use the same address you are leaking some info about your private key.\n\n\n> 1) How many times reusing the same BTC address would make reingeneering of the key possible? Is there ANY estimation experts did on this topic in the past? Just one or two times reusing would be enough to deem your private key as insecure?\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: ['Bitcoin, BTC to USD, rallied by 4.01% on Saturday. Following a 2.04% gain on Friday, Bitcoin ended the day at $11,804.7.\nA bearish start to the day saw Bitcoin fall to an early morning intraday low $11,227 before making a move.\nSteering clear of the first major support level at $11,080, Bitcoin rallied to a late intraday high $11,843.0.\nBitcoin broke through the first major resistance level at $11,530 and the second major resistance level at $11,710.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Saturday.\nEthereum (+11.69%), Ripple’s XRP (+12.06%), and Stellar’s Lumen (+10.76%) led the way.\nBitcoin Cash ABC (+6.05%), Bitcoin Cash SV (+5.97%), EOS (+6.71%), Litecoin (+6.01%), Monero’s XMR (+5.94%), and Tezos (+6.87%) also found strong support.\nBinance Coin (+4.64%), Cardano’s ADA (+3.79%), and Tron’s TRX (+3.92%) trailed the front runners on the day.\nIn the current week, the crypto total market cap rose from a Monday low $285.49bn to a Saturday high $349.72bn. At the time of writing, the total market cap stood at $348.82bn.\nBitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before sliding back. At the time of writing, Bitcoin’s dominance stood at 62.69.\nAt the time of writing, Bitcoin was down by 0.04% to $11,800. A mixed start to the day saw Bitcoin fall to an early morning low $11,788 before rising to a high $11,845.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+0.09%), Ethereum (+0.45%), Monero’s XMR (+0.30%), Stellar’s Limen (+0.58%), and Tron’s TRX (+0.87%) found early support.\nIt was a bearish start for the rest of the majors, however, with Litecoin down by 0.87% to lead the way down.\nBitcoin would need to avoid a fall through the $11,625 pivot to support a run at the first major resistance level at $12,023.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,843.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,241.\nFailure to avoid a fall through the $11,625 pivot level would bring the first major support level at $11,407 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $11,009 and sub-$11,000 levels.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Upside Momentum Can Build Over 10768.75\n• European Equities: A Week in Review – 01/08/20\n• The Crypto Daily – Movers and Shakers – August 1st, 2020\n• Precious Metals Weekend Wrap-up August 1, 2020\n• U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', 'Bitcoin, BTC to USD, rallied by 4.01% on Saturday. Following a 2.04% gain on Friday, Bitcoin ended the day at $11,804.7. A bearish start to the day saw Bitcoin fall to an early morning intraday low $11,227 before making a move. Steering clear of the first major support level at $11,080, Bitcoin rallied to a late intraday high $11,843.0. Bitcoin broke through the first major resistance level at $11,530 and the second major resistance level at $11,710. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Saturday. Ethereum (+11.69%), Ripple’s XRP (+12.06%), and Stellar’s Lumen (+10.76%) led the way. Bitcoin Cash ABC (+6.05%), Bitcoin Cash SV (+5.97%), EOS (+6.71%), Litecoin (+6.01%), Monero’s XMR (+5.94%), and Tezos (+6.87%) also found strong support. Binance Coin (+4.64%), Cardano’s ADA (+3.79%), and Tron’s TRX (+3.92%) trailed the front runners on the day. In the current week, the crypto total market cap rose from a Monday low $285.49bn to a Saturday high $349.72bn. At the time of writing, the total market cap stood at $348.82bn. Bitcoin’s dominance rose from a Monday low 62.44% to a Tuesday high 64.58% before sliding back. At the time of writing, Bitcoin’s dominance stood at 62.69. This Morning At the time of writing, Bitcoin was down by 0.04% to $11,800. A mixed start to the day saw Bitcoin fall to an early morning low $11,788 before rising to a high $11,845. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.09%), Ethereum (+0.45%), Monero’s XMR (+0.30%), Stellar’s Limen (+0.58%), and Tron’s TRX (+0.87%) found early support. It was a bearish start for the rest of the majors, however, with Litecoin down by 0.87% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,625 pivot to support a run at the first major resistance level at $12,023. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,843. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,241. Failure to avoid a fall through the $11,625 pivot level would bring the first major support level at $11,407 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $11,009 and sub-$11,000 levels. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Futures (GC) Technical Analysis – Protect the Downside, the Upside Will Take Care of Itself E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Upside Momentum Can Build Over 10768.75 European Equities: A Week in Review – 01/08/20 The Crypto Daily – Movers and Shakers – August 1st, 2020 Precious Metals Weekend Wrap-up August 1, 2020 U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated. Bitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400. Ethereum crashed from $408 to $326. By press time, the price has now recovered to about $380. Liquidations About $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M). The largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated.\nBitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400.\nEthereum crashed from $408 to $326. By press time, the price has now recovered to about $380.\nAbout $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M).\nThe largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Bitcoin and Ethereum crashed by 12% and 20% respectively in about 6 minutes as more than $1 billion of positions were liquidated.\nBitcoin’s price went from $11,930 to $10,550. By press time, the price has now recovered to about $11,400.\nEthereum crashed from $408 to $326. By press time, the price has now recovered to about $380.\nAbout $1.1 billion worth of futures positions of more than 70,000 traders were liquidated across all exchanges, according to market data site Bybt. Nearly $400 million was liquidated on each OKEx and Huobi; followed by BitMEX ($164M) and Binance ($86M).\nThe largest single liquidation order worth $10 million happened on BitMEX's Bitcoin perpetual swap. Most of the liquidations, about $647 million, came from Bitcoin's futures, followed by Ethereum with $165 million of liquidations.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", 'Bitcoin suffered a price drop of $1,458 in under an hour on Sunday. The sudden slide caught many traders off guard, forcing out a significant amount of buying pressure from the market.\n• The biggest cryptocurrency by market value fell from $11,969 to $10,659 in 10 minutes at 04:45 UTC, having reached an 11-month high of $12,118 at 04:00 UTC, according to CoinDesk’sBitcoin Price Index.\n• The sudden price drop has liquidated nearly $1.4 billion worth of positions across major exchanges,as noted byderivatives data provider Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $207,877,132,741 - Hash Rate: 118087053.073985 - Transaction Count: 287869.0 - Unique Addresses: 616214.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Companies to discuss crypto market infrastructure trends on joint August 5 webinar, “Building Blockchain Infrastructure: Market Maturation Issues” New York, July 28, 2020 (GLOBE NEWSWIRE) -- CrossTower , a new exchange operator founded by capital markets veterans on a mission to mainstream digital asset investing and trading, today announced quantitative digital asset hedge fund LedgerPrime as a new client. New York-based LedgerPrime, one of the most active crypto hedge funds, trades significant volumes of crypto assets on several leading derivatives and spot exchanges today, and CrossTower is now one of its preferred destinations. Founded in 2017, privately held LedgerPrime offers digital asset portfolio management, trading, investment research and data. “The addition of LedgerPrime as a client enables us to continue improving our spreads and trading volumes following our May launch,” said CrossTower Co-Founder and President Kristin Boggiano. “We’re well-aligned with LedgerPrime to support the growth of these markets by providing a high-caliber onramp for both institutional and retail traders.” LedgerPrime turned to CrossTower for its rigorous regulatory safeguards and robust technological infrastructure that hedge funds and active traders require. LedgerPrime Chief Investment Officer Shiliang Tang expects a significant pick up in interest from US institutional investors in the digital asset markets this year will continue to increase in the second half of the year, and will be supportive of Bitcoin prices in the medium to long term. “Naturally, regulated exchanges like CrossTower will play an important role in facilitating this inflow of capital,” Tang explained. “We were also attracted to CrossTower’s innovative inverted maker-taker pricing model, which we see as a crypto industry first.” Join CrossTower, LedgerPrime, and digital asset accountant and advisory firm Friedman LLC Wednesday August 5th 4pm – 5pm ET for their webinar “Building Blockchain Infrastructure: Market Maturation Issues.” Those interested can register for this free webinar here . Story continues CrossTower supports crypto-to-crypto trading in the nine most widely traded currencies: Bitcoin, Ether, LiteCoin, USDC, Bitcoin Cash, XRP, Stellar, Chainlink, Basic Attention Token and ZCash. Those interested can access the CrossTower platform here . ABOUT CROSSTOWER CrossTower is an exchange operator founded by capital markets veterans on a mission to mainstream digital asset trading and investing. We have built a multi-asset platform for institutional and individual investors with best-in-class safeguards, services and capabilities to make the next-generation financial markets a reality. CrossTower has methodically built its platform, leveraging its trading experience, technology, operational infrastructure, innovative pricing as well as regulatory and client service models, to ensure the success of the exchange at launch and well into the future. For more information, visit www.crosstower.com . ABOUT LEDGERPRIME New York-based LedgerPrime is an actively managed quantitative hedge fund deploying a market neutral, systematic investment approach targeting steady capital growth and superior risk-adjusted returns. We provide our investors a low volatility exposure to digital asset markets via quantitative and systematic strategies utilizing spot and derivative instruments. We provide consistent and predictable market liquidity in both spot and derivative instruments, ensuring high liquidity and market depth, narrow spreads, and transparent price discovery, which allow investors and participants to trade more efficiently. For more, visit www.ledgerprime.com CONTACT: Monica Van Horn CrossTower 917-446-6358 [email protected]... - Reddit Posts (Sample): [['u/pio_11', 'Buying bitcoin in canada', 13, '2020-08-02 02:14', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/', 'What exchange do you recommend to buy bitcoin in canada, and why? This if for small amounts nothing crazy. I Don’t plant to sell or trade, just buy and sit on it. (Also slowly to move off to a hard or paper wallet)\nThanks', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/', 'i22s9t', [['u/mkultrahigh', 10, '2020-08-02 02:29', 'https://www.reddit.com/r/BitcoinCA/comments/i22s9t/buying_bitcoin_in_canada/g01euuo/', 'Shakepay', 'i22s9t']]], ['u/thats_so_over', 'What is driving the recent pump?', 19, '2020-08-02 03:12', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/', 'I’m just looking for people speculating on what’s driving the pump in eth and bitcoin.\n\nObviously it’s that more people are buying it at an increase cost but other than that;). Is it the recent halfing of btc rewards. Some other news. I’m loving it but I’m not sure what changed. \n\nAnother good answer is it’s crypto so who the f knows...', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/', 'i23lvt', [['u/SoloTheFord', 28, '2020-08-02 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g01jia5/', 'Us Economy is on the precipice of complete turmoil. Investors are running to gold and crypto. Others follow is my best guess. The us fiat is inflating rapidly so people are using crypto as a safety net and most people that notice follow. I would personally ratherhave my finances in bitcoin, eth and gold rather than a bank rn.', 'i23lvt'], ['u/F0rtysxity', 10, '2020-08-02 06:21', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g020yxa/', 'Bitcoin is not pumping in terms of real estate or gold or stocks. Just in terms of dollars. That should give you a clear enough picture.', 'i23lvt'], ['u/SoloTheFord', 12, '2020-08-02 10:24', 'https://www.reddit.com/r/CryptoCurrency/comments/i23lvt/what_is_driving_the_recent_pump/g02ja56/', 'I contemplated it but then slapped myself. Worst idea to take out a loan for crypto haha.', 'i23lvt']]], ['u/Siatty', 'Is multi-sig too complicated for an average user?', 15, '2020-08-02 03:18', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/', "So I'm new to bitcoin. I'm paranoid about viruses, so I set up myself a 2-2 multi-sig wallet with electrum - one sig on my PC and another on an android phone. \n\n\nHowever, this guy [https://www.youtube.com/watch?v=nRts1VWkOXQ](https://www.youtube.com/watch?v=nRts1VWkOXQ) says that multi-sig is not worth it for an average user since it's too complicated and I have a chance of loosing my funds cause I didn't set it up carefully enough. \n\nBut I don't really see how it's different from just having 2 different wallets? I have two seeds and can restore the wallets on any other device even if my phone or PC broke, right? Do I not find it difficult cause I'm too smart or am I actually too stupid and just don't understand something?", 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/', 'i23or6', [['u/jeremyisreal1', 13, '2020-08-02 03:22', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23or6/is_multisig_too_complicated_for_an_average_user/g01k27f/', 'Buy a ledger. Hide the seed. Hodl. Peace of mind. \n\nResearch for a few years. You’ll be a lay expert. \n\nAnyway, by then it will be as easy to use as a Visa card with inventions in the future.', 'i23or6']]], ['u/jape_uhz', 'Am I “Dumb AF” for thinking bitcoin isn’t worth investing in?', 51, '2020-08-02 03:32', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/', 'First and foremost I am 2 weeks into stepping into investing world. So I am fully aware I am arrogant & ignorant to even say that to begin with. But I’d rather use that 11K into stocks and not 1 bitcoin. I’d appreciate clarity without harsh remarks please lol. I am open to investing into bitcoin but again 11K!!? Damn. HELP ME my mind is back and forth!', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/', 'i23vjx', [['u/iScry', 20, '2020-08-02 03:40', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01ltyu/', "What's more desirable, a penny stock or a google stock? Just because something is cheaper to get doesnt make it a better investment\n\nA high buy in price should actually be a positive sign that the asset you are buying is believed to have strong value.", 'i23vjx'], ['u/bitusher', 13, '2020-08-02 03:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01n9l2/', 'Look at Bitcoin as the "blue chip" , most secure , and most likely to stay around cryptocurrency that can still dramatically increase in price. Bitcoin is still a risky investment compared to many stocks but since its an uncoorelated asset class you are actually more at risk from not having at least 1-5% exposure to it in your investment portfolio of stocks . If you have 100% stocks you have an unbalanced portfolio and need to hedge in Bitcoin, land, and other investments like cash flow businesses. \n\nRead this to understand the economics of Bitcoin and why its unique - \n\nhttps://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1\n\nRead these 2 links before investing - \n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/hvr3hu/i_want_to_learn_how_to_profit_in_bitcoin/fyv0ycs/\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/\n\nAlso understand that Bitcoin isn\'t just a great investment but a very useful currency that can save you a lot of money using it - https://www.reddit.com/r/BitcoinBeginners/comments/i1coo4/proving_bitcoin_gains_for_taxes/fzwinyw/?context=3', 'i23vjx'], ['u/bluemachete11', 79, '2020-08-02 04:11', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01otp5/', 'You can buy fractions of a bitcoin. Buying 11k at once is not the only option. 1 BTC is divisible into 100 million sats.', 'i23vjx'], ['u/TPK001', 45, '2020-08-02 04:38', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01rh3i/', "Not too late by any means.\n\n1) Bitcoin at $11.9K has a market cap (220B) that is not too far from Apple's cash on hand (194B). \n\n2) Dollar Cost Average your way in. If you have a 3 year horizon, you'll be way ahead. $50/week, 50/month etc. pick something and stick with it. Run #s here [https://dcabtc.com/](https://dcabtc.com/)\n\n3) As Chamath puts it, think of it as schmuck insurance. You put 1-5% of your net worth in it, and someday it grows to 25%. \n\n4) If you are old enough, think of it as the internet \\~mid to late 90s . Some people (Krugman) thought it would amount to nothing, others thought it reached peak utility and so on.\n\n5) Metcalf's law of Networks is very relevant to valuing the Bitcoin network. Same methodology used on valuing Facebook. [https://www.youtube.com/watch?v=f6CJA421aUo](https://www.youtube.com/watch?v=f6CJA421aUo) \\- if this catches your interest, look @nsquaredcrypto / @canedigital and Tuur Demeester.\n\n6) RealVision is a CNBC type channel - they have many free interviews on YT. Have a look, lots of well known mainstream investors that are into Bitcoin too. Good luck.", 'i23vjx'], ['u/Barnesatron', 12, '2020-08-02 05:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g01tqaa/', "Not at all, quite the opposite actually, bitcoin is an extremely volatile, high risk/high reward asset. Anyone that says otherwise is 100% lying to you.\n\nTo make sure you're aware, you do not have to buy a whole bitcoin. You can buy as little as $10 worth.", 'i23vjx'], ['u/BrugelNauszmazcer', 11, '2020-08-02 16:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g03kbvu/', 'You can also take a loan and buy 2 BTC. Because you can also buy multiples of 1 BTC.', 'i23vjx'], ['u/sarc82', 15, '2020-08-02 16:51', 'https://www.reddit.com/r/BitcoinBeginners/comments/i23vjx/am_i_dumb_af_for_thinking_bitcoin_isnt_worth/g03sd1z/', "most unhelpful thing i've ever felt compelled to upvote lmao", 'i23vjx']]], ['u/ProfessorShanks', 'Let’s pressure/bully bitcoin into breaking 12k. I’ll start', 42, '2020-08-02 05:33', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/', 'You’ll NEVER hit 12k. No balls. Dip like you always do you big baby.', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/', 'i25i49', [['u/AiwaSound', 13, '2020-08-02 05:34', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/g01ww8c/', "I feel like there's gonna be some serious resistance to 12k", 'i25i49'], ['u/BitDepot', 11, '2020-08-02 09:29', 'https://www.reddit.com/r/Bitcoin/comments/i25i49/lets_pressurebully_bitcoin_into_breaking_12k_ill/g02ec4y/', 'This aged well.', 'i25i49']]], ['u/Panda_Procrastinator', 'I have hard evidence that bitcoin will hit $238,900 in this bull run.', 1624, '2020-08-02 05:49', 'https://www.reddit.com/r/Bitcoin/comments/i25pzk/i_have_hard_evidence_that_bitcoin_will_hit_238900/', '&#x200B;\n\nhttps://preview.redd.it/zeuqmxg5hie51.png?width=867&format=png&auto=webp&s=8b2f30c4c479b5196580cac8b29f870f6646be2b', 'https://www.reddit.com/r/Bitcoin/comments/i25pzk/i_have_hard_evidence_that_bitcoin_will_hit_238900/', 'i25pzk', [['u/MrBlancoWhite', 80, '2020-08-02 05:58', 'https://www.reddit.com/r/Bitcoin/c... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['EOS slid by 10.93% on Sunday. Reversing a 6.71% gain from Saturday, EOS ended the week up by 8.23% to $2.9409.\nIt was a choppy start to the day. EOS rose to an early morning intraday high $3.4852 before hitting reverse.\nEOS broke through the first major resistance level at $3.4029 before tumbling to an early morning intraday low $2.4884.\nThe sell-off saw EOS slide through the day’s major support levels before briefly revisiting $3.0 levels.\nEOS moved back through the third major support level at $2.7121 and the second major support level at $2.9748.\nIt was a bearish 2ndhalf of the day, however. EOS fell back through the second major support level to end the day in the deep red.\nAt the time of writing, EOS was up by 0.75% to $2.9631. A mixed start to the day saw EOS fall to an early morning low $2.9022 before rising to a high $2.9631.\nEOS left the major support and resistance levels untested early on.\nEOS would need to move through the $2.9715 pivot level to support a run at the first major resistance level at $3.4546.\nSupport from the broader market would be needed, however, for EOS to break back through to $3.40 levels.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nFailure to move through the $2.9715 pivot would bring the first major support level at $2.4578 into play.\nBarring an extended sell-off, EOS should steer well clear of the second major support level at $1.9747.\nFirst Major Support Level: $2.4578\nPivot Level: $2.9715\nFirst Major Resistance Level: $3.4546\n23.6% FIB Retracement Level: $6.62\n38% FIB Retracement Level: $9.76\n62% FIB Retracement Level: $14.82\nEthereum fell by 3.92% on Sunday. Partially reversing an 11.69% rally from Saturday, Ethereum ended the week up by 19.52% to $371.21.\nTracking the broader market, Ethereum rallied to an early morning intraday high $415.00 before hitting reverse.\nEthereum broke through the first major resistance level at $406.35 before tumbling to an early morning intraday low $325.75.\nThe selloff saw Ethereum fall through the first major support level at $356.1 before finding support.\nMore significantly, Ethereum also fell through the 38.2% FIB of $367 before the partial recovery.\nEthereum moved back through to $389 levels before falling back to end the day at sub-$380.\nAt the time of writing, Ethereum was up by 1.00% to $375.93. A mixed start to the day saw Ethereum fall to an early morning low $366.34 before rising to a high $376.63.\nWhile leaving the major support and resistance levels untested, Ethereum found support at the 38.2% FIB of $367 early on.\nEthereum would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $416.22.\nSupport from the broader market would be needed, however, for Ethereum to break out form Saturday’s high $415.00.\nBarring an extended crypto rally, the first major resistance level should cap any upside.\nA fall through the $371 pivot would bring the first major support level at $326.97 into play.\nBarring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $281.74.\nFirst Major Support Level: $326.97\nPivot Level: $371\nFirst Major Resistance Level: $416.22\n23.6% FIB Retracement Level: $257\n38.2% FIB Retracement Level: $367\n62% FIB Retracement Level: $543\nRipple’s XRP fell by 1.25% on Sunday. Following a 12.06% rally on Saturday, Ripple’s XRP ended the week up by 33.50% to $0.28764.\nA bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.3262 before hitting reverse.\nRipple’s XRP broke through the first major resistance level at $0.3071 and the second major resistance level at $0.3233.\nThe reversal saw Ripple’s XRP slide through the first major support level at $0.2653 to an intraday low $0.24158.\nSteering clear of sub-$0.24 support levels, Ripple’s XRP revisited $0.30 levels before falling back into the red.\nIn spite of the bearish day, Ripple’s XRP moved back through the first major support level to limit the loss.\nAt the time of writing, Ripple’s XRP was up by 2.95% to $0.29612. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.28383 before rising to a high $0.29661.\nRipple’s XRP left the major support and resistance levels untested early on.\nRipple’s XRP will need to avoid a fall through the $0.2851 pivot to support a run at the first major resistance level at $0.3287.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break out from Saturday’s high $0.3262.\nBarring another broad-based crypto rally, the first major resistance level should cap any upside.\nIn the event of a breakout, Ripple’s XRP could make a run at the second major resistance level at $0.0.3698.\nFailure to avoid a fall through the $0.2851 pivot would bring the first major support level at $0.2441 into play.\nBarring an extended crypto sell-off, Ripple’s XRP should avoid sub-$0.24 levels, however.\nFirst Major Support Level: $0.24441\nPivot Level: $0.2851\nFirst Major Resistance Level: $0.3287\n23.6% FIB Retracement Level: $0.3638\n38.2% FIB Retracement Level: $0.4800\n62% FIB Retracement Level: $0.6678\nPlease let us know what you think in the comments below.\nThanks, Bob\nThisarticlewas originally posted on FX Empire\n• Bitcoin and Ripple’s XRP Weekly Technical Analysis – August 3rd, 2020\n• USD Bears Increase their Bets, on Fragile Economic Macros and Potential Biden Presidency\n• Positives to Outweigh Negatives, Constructive on Stocks and Other Risk Assets: Fidelity’s Timmer\n• Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 3rd, 2020\n• The Crypto Daily – Movers and Shakers – August 2nd, 2020\n• U.S Mortgage Rates Slipped Back to sub-3% as Economic Uncertainty Lingered', 'EOS EOS slid by 10.93% on Sunday. Reversing a 6.71% gain from Saturday, EOS ended the week up by 8.23% to $2.9409. It was a choppy start to the day. EOS rose to an early morning intraday high $3.4852 before hitting reverse. EOS broke through the first major resistance level at $3.4029 before tumbling to an early morning intraday low $2.4884. The sell-off saw EOS slide through the day’s major support levels before briefly revisiting $3.0 levels. EOS moved back through the third major support level at $2.7121 and the second major support level at $2.9748. It was a bearish 2 nd half of the day, however. EOS fell back through the second major support level to end the day in the deep red. At the time of writing, EOS was up by 0.75% to $2.9631. A mixed start to the day saw EOS fall to an early morning low $2.9022 before rising to a high $2.9631. EOS left the major support and resistance levels untested early on. For the day ahead EOS would need to move through the $2.9715 pivot level to support a run at the first major resistance level at $3.4546. Support from the broader market would be needed, however, for EOS to break back through to $3.40 levels. Barring another extended crypto rally, the first major resistance level would likely cap any upside. Failure to move through the $2.9715 pivot would bring the first major support level at $2.4578 into play. Barring an extended sell-off, EOS should steer well clear of the second major support level at $1.9747. Looking at the Technical Indicators First Major Support Level: $2.4578 Pivot Level: $2.9715 First Major Resistance Level: $3.4546 23.6% FIB Retracement Level: $6.62 38% FIB Retracement Level: $9.76 62% FIB Retracement Level: $14.82 Ethereum Ethereum fell by 3.92% on Sunday. Partially reversing an 11.69% rally from Saturday, Ethereum ended the week up by 19.52% to $371.21. Tracking the broader market, Ethereum rallied to an early morning intraday high $415.00 before hitting reverse. Ethereum broke through the first major resistance level at $406.35 before tumbling to an early morning intraday low $325.75. Story continues The selloff saw Ethereum fall through the first major support level at $356.1 before finding support. More significantly, Ethereum also fell through the 38.2% FIB of $367 before the partial recovery. Ethereum moved back through to $389 levels before falling back to end the day at sub-$380. At the time of writing, Ethereum was up by 1.00% to $375.93. A mixed start to the day saw Ethereum fall to an early morning low $366.34 before rising to a high $376.63. While leaving the major support and resistance levels untested, Ethereum found support at the 38.2% FIB of $367 early on. For the day ahead Ethereum would need to avoid a fall through the $371 pivot to support a run at the first major resistance level at $416.22. Support from the broader market would be needed, however, for Ethereum to break out form Saturday’s high $415.00. Barring an extended crypto rally, the first major resistance level should cap any upside. A fall through the $371 pivot would bring the first major support level at $326.97 into play. Barring another extended sell-off, however, Ethereum should steer well clear of the second major support level at $281.74. Looking at the Technical Indicators First Major Support Level: $326.97 Pivot Level: $371 First Major Resistance Level: $416.22 23.6% FIB Retracement Level: $257 38.2% FIB Retracement Level: $367 62% FIB Retracement Level: $543 Ripple’s XRP Ripple’s XRP fell by 1.25% on Sunday. Following a 12.06% rally on Saturday, Ripple’s XRP ended the week up by 33.50% to $0.28764. A bullish start to the day saw Ripple’s XRP rise to an early morning intraday high $0.3262 before hitting reverse. Ripple’s XRP broke through the first major resistance level at $0.3071 and the second major resistance level at $0.3233. The reversal saw Ripple’s XRP slide through the first major support level at $0.2653 to an intraday low $0.24158. Steering clear of sub-$0.24 support levels, Ripple’s XRP revisited $0.30 levels before falling back into the red. In spite of the bearish day, Ripple’s XRP moved back through the first major support level to li Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $205,993,133,500 - Hash Rate: 135674486.510536 - Transaction Count: 333753.0 - Unique Addresses: 708227.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Even as bitcoin prices languish below $10,000, North American cryptocurrency mining companies are tapping into a flurry of fresh financing from investors to pay for new equipment upgrades, bolstering the blockchain network’s resilience and reducing its reliance on Chinese operators. More than $1 billion of new bitcoin-mining computers will be purchased for North American bitcoin mining in the next two years, several people familiar with the industry told CoinDesk. That’s about five times the publicly traded mining-equipment maker Canaan’s revenue for all of 2019. You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Related:Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar “North America is not going to completely take over mining, but there is going to be growth,” Trevor Smyth, managing partner of San Francisco-based Arctos Capital, said in a phone interview. In April, Arctos funded a $1 million sale-and-leaseback transaction for Blockware Mining, a bitcoin mining and rig-hosting company,according to a press release at the time. The trend shows that entrepreneurs and investors are undaunted by the recent doldrums in the bitcoin market, where for the past month prices have remained stuck – almost uncannily quiet for the historically volatile cryptocurrency – in a range between roughly $9,000 and $10,000. It’s been a big disappointment for many bitcoin bulls, after a slew of predictions earlier this year that the May’s once-every-four-years “halving” might send prices to $90,000 or higher. But the availability of financing for upgrades could put pressure on industry players to keep investing in new equipment, perpetuating the hardware arms race even without fresh price signals. It’s sort of like purchasing a new smartphone every year just to avoid falling behind the cutting edge. Dave Perrill, CEO of Compute North, a Minnesota-based data center operator that offers hosting services for bitcoin miners, estimates that at least 2 million new-generation mining rigs will be produced during the current hardware cycle, with at least 400,000 units landing in North America. Related:Blockchain Bites: PayPal, Mastercard Inch Closer to Crypto “We believe that upwards of 20% of the new equipment will be operated there,” Perrill said. Blockfills, a Chicago-based cryptocurrency market maker, says it will provide equipment financing for North American bitcoin miners who can obtain power-purchase agreements and secure base facilities in the U.S. or Canada. “We expect to fund approximately $250 million ourselves in the next 12 months,” Neil Van Huis, director of sales and institutional trading at Blockfills, told First Mover in a phone interview. Smyth, of Arctos Capital, said his firm is financing North American bitcoin mining equipment purchases in the range of $1 million to $2 million per deal. Investors looking to gain a yield in a low-interest economic environment are investing in bitcoin mining – more so than ever before, Smyth said. Lenders can earn an attractive return from the interest charged in the deals, known as commercial leasing, he said. “We raise capital through multiple sources,” Smyth said. “Ultimately they find our business is able to generate attractive risk-adjusted yields that can help diversify their investment portfolios.” The investment proposition has become even more enticing since the coronavirus-induced economic crisis led to a collapse in yields on everything from U.S. Treasury bonds to mortgages. Smyth says his investors are seeing “non-correlated, steady returns.” Arctos gets debt capital from institutions like banks and securitization partners. There is also a private Regulation D fund, which has exemption from SEC registration for small firms like Arctos to raise capital, he said. The investment push could also give North America a bigger share of the bitcoin mining industry, historically dominated by Chinese operators, many of them with ready access to cheap electricity from hydropower plants. Currently, China has 65% of the geographical mining market share. Smyth pointed to the entry into the bitcoin market of high-profile investors likePaul Tudor Jones IIIas a sign that more institutional capital is coming to crypto, despite the lack of price action. The debt financing deals may be easier for many investors to understand than, say, taking a flyer on bitcoin perpetual derivatives on a Seychelles-based exchange. “There’s certainly going to be hedge funds coming in and directly holding bitcoin,” he said. “But I actually see more opportunity for the bitcoin industry to attract institutional investors through structured debt products such as lease financing.” Smyth says he sees a continuation of the “survival of the fittest” dynamic in the industry, where only the most efficient operators can keep up with the Bitcoin blockchain’s ever-increasing computational power, known as the hash rate. The halving, which occurred on May 12, was the latest such milestone for the bitcoin blockchain, as programmed into the network’s 11-year-old code. The number of bitcoin produced as the reward for mining a new data block – roughly every 10 minutes – dropped to 6.25 from 12.5. Ahead of the event, miners scrambled to upgrade their equipment to avoid becoming obsolete. And the amount of power used in bitcoin mining subsequently declined 43% in late May, according to the Cambridge Centre for Alternative Finance, in what might be an indication of the efficiency gains from the new generation of machines. The hash rate is currently around 120 million terahashes per second, close to record highs. And that has caused a self-regulating mechanism coded into the Bitcoin blockchain, a factor known as “mining difficulty,” tohit new highsas new, more efficient machines are put into service. It’s another force pushing miners to continue upgrading. More record difficulty highs are likely to accompany the deployment of new machines like the Bitmain S19 Pro and MicroBT M30S++, unveiled earlier this year. “Miners that are more efficient and stay online actually earn more bitcoin,” Smyth said. “It’s self-adjusting.” BTC: Price: $9,160 (BPI) \| 24-Hr High: $9,235 \| 24-Hr Low: $9,119 Trend: Bitcoin is again sidelined near $9,160, having witnessed a trading range of just $325 last week – the lowest since the last week of March 2019. As a result, bitcoin’s Bollinger bands, volatility indicators placed two standard deviations above and below the 20-day moving average, are now even more compressed than they were last week. “Such behavior could be considered a sign that a period of high volatility is just around the corner,” said Konstantin Anissimov, executive director at the cryptocurrency exchange CEX.IO. Indeed a prolonged period of low-volatility trading often ends up with a big move in either direction. The analyst community has been calling a spike in volatility for more than two weeks now. So far, however, both buyers and sellers have refrained from making big bets on the cryptocurrency, leaving prices directionless above $9,000. Should the long-held psychological support of $9,000 cave in, stronger chart-driven selling pressure may likely emerge, pushing the cryptocurrency down to the 50-week moving average at $8,550. Alternatively, a move above $9,480 would invalidate a bearish lower high created on July 8 and expose resistance at $9,800 (June 22 high) and $10,000. • First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish • First Mover: Bitcoin Miners Find Upgrade Financing Aplenty, Even as Prices Languish... - Reddit Posts (Sample): [['u/[deleted]', 'Possibility of a brute forcing industry arising from improvements of mining hardware. When will it be profitable to crack a 12 word phrase?', 15, '2020-08-03 00:05', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/', 'I was conducting a thought experiment regarding brute forcing mnemonic seeds and wondered what circumstances would have to arise for it become profitable. I know that this would probably never be practical but I was still curious.\n\nthe current hashrate is 110EH per second. so one block for every 66000 Exohashes\n\nassume moores law continues as it has been, if someone knew a wallet had 1 blocks worth of BTC, and ASICs could be created in the future solely for this purpose, when would a 12 word mnemonic seed brute force be profitable?\n\nassuming the checksum is just as hard to crack as the other words to be conservative, the amount of hashes would be 2048\\^(x), where x is the amount of missing words.\n\npunching 2048\\^(x)=66(10\\^21) into wolfram alpha, X approaches 7. so right now the answer is 7.\n\nin 6 years, hashing power of the network has increased approx. 1000 times.\n\nassuming this continues (which it wont due to physical constraints of microelectronics causing diminishing returns) then approx. every 6 years you need an additional word to protect 1 block of btc.\n\n66(10\\^24)=2048\\^x. X will approach 8\n\n2020+6\\*(number of words)=2050 for an additional 5 words.\n\nSo around 2050, cracking a 12 word mnemonic seed would take the network 10 minutes hypothetically. The block reward will be around 6.25/(2\\^7)=0.0488BTC. In 6 more years it would be profitable if the wallet held about 1000 times less.\n\n24 word mnemonic seeds would be safe for much longer', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/', 'i2krgx', [['u/jcoinner', 13, '2020-08-03 01:07', 'https://www.reddit.com/r/Bitcoin/comments/i2krgx/possibility_of_a_brute_forcing_industry_arising/g05i7am/', "BIP39 uses PBKDF2 with 2048 rounds with HMAC-SHA512. So the mining hardware is not remotely near the same complexity or using the same algorithms. Mining hardware only attains it's speed by pipelining the sha256 cycles and being able to start a new cycle on each increment of input counter, and iirc it uses various shortcuts. It's probably possible, though far more complex, to do this with PBKDF2 but it would not help at all with trying to find a specific seed. You'd have to be scanning all seeds for any wallet, and you would be excluding all wallets with passphrases. PBKDF2 is designed specifically to be slow whereas sha256 was designed to be fast. \n\nThen on each cycle of generating a seed, xprv and xpub you'd have to look up in a utxo table to see if any of first N addresses has an output. This is all vastly slower than the cycle speed of current mining hardware and not something that is improving at the same rate, ie. RAM speeds have peaked for a long time already (assuming you load the utxo set into RAM).\n\nThere are so many differences here you should just throw out any comparison and start from scratch. Any ASIC chip designers putting funds into creating such a chip would be fools. Given how much it costs to design chips and that it's expressly to steal funds I can wager it would never be tried.", 'i2krgx']]], ['u/Philly19111', "Philly's Weekly Watchlist [LONG]", 33, '2020-08-03 01:43', 'https://www.reddit.com/r/pennystocks/comments/i2mdn6/phillys_weekly_watchlist_long/', 'Since a few people appreciated my list last week figured I\'d drop it again for everyone not just the few people that I constantly chat with\n\n8/2 WEEKLY WATCHLIST \xa0\n\n[P.S. Only enter positions you feel the most comfortable with. Your money is your soldier only send him into the battle you think you\'ll win. Some of these I have taken positions. Some I am looking to take positions. I\'ve posted how many shares I own of what multiple times ]\n\n💸PENNIES💸\n\n[💎-Long time gold][⁉️-Could go both ways][🚀Rocket Emoji-I think this is gonna shoot up][🔥-This is a HOT pick][⚠️-Already ran a bit be careful][👀-Watching this one closely]\n\n\n🚀💸PENNYS💸🚀\n\n\n$AMTX - Golden triangle. Looks to still have fuel in the rocket. $1.10-$1.15 imo isn\'t a bad entry. $1.12 is the WEEKLY support. Overall support is a freefall to $0.80 I expect a $1.40-$1.45 run. PR on Tuesday⚠️👀[Rocket Emoji]🚀\n\n$BNGO - Big virtual booth Aug 4-5th. Huge biotech upcoming company. Support at $0.74 & $0.65. Resistance at $0.82 than $0.95. This could rip up with the right volume👀🔥\xa0[Rocket Emoji]🚀\n\n$AIM - Web conference Monday 1:30EST. I honestly see this hitting $5 in the long future but should run up Friday into Monday. About 70% shareholders are breakeven or at a loss. Decent support at $2.72. Godly support at $2.44. Resistance at $3/$3.35.💎🔥👀[Rocket Emoji]🚀\n\n$ATNM - Balance sheet shows easily enough money for another quarter without an offering. Earnings Aug 7th. [Estimated 56% growth]. Sabby is playing with this[scary] but this monster "should" RIP UP! Support is $0.52-$0.54. Weak support at $0.57. Resistances at $0.61/$0.64/$0.68🔥👀[Twitter pumping this too]\n\n$BKYI - African Contracts need to be finalized and this is gonna ZOOM ZOOM ZOOM! Had a single buyer with a 200k share bid at $0.75. Looks like it made a new support at $0.69 off old resistance levels. Seems to be rough resistance at the $0.71-$0.74 range . After that could run $0.77-$0.82🔥👀[Rocket Emoji]🚀\n\xa0\n$BIOC - Insider buys 7/14 of 20k shares. Bullish uptrend. Decent support at $0.68, $0.63 $0.60. DEC 7th until for compliance. So decent amount of time still. I\'m bullish AF to $0.80 Maybe $1. Broke $0.725 resistance. Talks of a RESPLIT THOUGH! 6/25 Golden Cross![Chart if you wanna see just ask] \n\n$CHEK - 70% of shareholders at a lose. Mad support at $0.53 area. Above $0.61 I\'d be super bullish. I see an ascending triangle. This baby wants to break out.Macd is setup perfectly. Volume Friday smacked it up. This company is REALLY dedicated to pushing for $1 for conpliance!🔥💎👀\n\n\xa0$IZEA - AUG 18th Webinar. Tiktok partnership RUMOR?!?! Insane Support at $1.02. Small resistance at $1.47 I see resistances at $1.66👀🔥⚠️[Rocket Emoji]🚀🚀🚀\n\n$SXTC - 99% Shareholders breakeven or at loss. Had Insane support at $0.40-$0.40 and broke down. New support is $0.36. Something tells me this is an EASY gap up to $0.42-$0.44 Low float🔥[Rocket Emoji]🚀\n\n$JFU - UNGODLY OVERSOLD 90% Shareholders breakeven or at a loss. MACD setup on daily. Should EASILY gap up to $2.40-$2.60. BITCOIN PLAY🔥[Rocket Emoji]🚀\n\n$MARA/$RIOT -BTC Plays. Mara imo is the better option. They are debt free vs RIOT 200m debt👀🔥⚠️\xa0[Rocket Emoji]🚀\n\n$ENZ- Has FDA approval noone else has this test. Monopoly. Schools testing. State colleges already buying them.98% shareholders are breakeven or loss! REVENUE UP 121% IN 2019.\xa0 Looks to be at support at $2.35 beyond that around $2.08. Resistainces sitting at around $2.55 and $2.70.👀\n\n$MYT - $0.40 Offering price. I wouldnt mind getting it around $0.38-$0.42. US store in trial phase. \n\n$DLPN - FORSEE a HUGE gap up here! Support at $0.82 than a freefall to $0.49. SMALL resistance at $0.91. Than resistance at $1/$1.07. Had an offering at $1.05 2months ago.Only scarey thing is they might split due to compliance👀[Rocket Emoji]🚀\n\n$LPCN - FDA Approval Aug 28th. This has been a CONSTANT RUNNER 💎🔥[Rocket Emoji]🚀\n\n$BOXL - Offering closed Friday. PR is imminent. 99% Shareholders are at a LOSS! Chart looks like a BULLISH pennant.$2.20 is OKAY support. $1.70 is pretty strong support. $2.30 looks like the first soft resistance. $2.45 gets broken we could see a $3 Run👀\n\n$ONTX - Made compliance on Friday. Massive support at $1.12. Dropping Twitter PR like wildfire. Resistance seems to be in $0.05 invervals starting at $1.20. Afte $1.45 Its a straight RIP up to $2.65👀[Rocket Emoji]\n\n$IDEX - Looks like old$1.38-$1.40 Support is being rebuilt. Bullish as hell if this breaks $1.51. Earnings August 11th🔥👀[Rocket Emoji]🚀\n\xa0\n💰HONORABLE MENTIONS💰 : $VERB - [Offering at $1.10 good around that price]$NAK $UAVS $MVIS $GAU[Gold mine]🔥 $PZG[Gold mine]🔥$JAN🔥👀\n\n💰Non-Pennys💰\n\n$MGM - EPS was BETTER than projected. Revenue in the gutter. Didn\'t have the sell off i thought. Still a good price LONG. MGM is 1/3 casinos with liscensing in Japan. By 2030 this should be a $40-$45 ticker💎🔥⚠️👀\xa0[Rocket Emoji]🚀\n\n$CZR aka $ERI - COME BACK KING! Hasnt been this cheap since 2017. THIS SHOULD RUN UP to $35-$38 shortly. Biggest casino/hotel chain in the WORLD after buying out caesars. Should be $70-$100 ticker by 2030-2035💎🔥⚠️👀\xa0[Rocket Emoji]🚀\n\n$O - MONTHLY dividend. [5% yearly] GREAT LONG term investment. 💎\xa0\n\n$JMIA - Monthly MACD Setup so perfectly for this, Has been running lately but no where near pre-rona levels. HOPING FOR A SELL OFF TO TAKE A POSITION. Offering at $8.59 BUT its a shelf offering which means they don\'t have to sell it currently. This could drop down to that or continue its run until the offering block is dropped.👀⚠️🔥\n\n$CNTG - Around 80-90% shareholders BREAKEVEN or at a LOSS!600 USA school+3 german airports so far.US mobile semi truck lab. So oversold its asking for change!🔥[Rocket Emoji]🚀\n\n$WIMI - $8 OFFERING. I LOVE OFFERING plays without mass dillution<3 🔥💎 👀[Rocket Emoji]🚀\n\n$SPAQ - Tons of pre-orders aka free revenue without advertising. This should take off like NKLA did eventually. 4hr chart approaching oversold. 94% Of shareholders at breakeven or loss! $10.60 is a strong af support. $13.95 is the first real resistance. If this breaks the $12.45/50 range SUPER bullish. Fisker dropping mad PR Hints on twitter 🔥👀[Rocket Emoji]🚀\n\n🔥🌾Gold/Silver🌾🔥\n\n$AGC - 2x silver. Aka silver -1% AGC -2%. This is a day or swing trade. Depreciates🔥\n\n$SLV - Long term silver hold🔥\n\xa0\n$JNUG - 2x Gold/Silver Junior Miners 🔥\n\n$NUGT - 2x Gold/Silver Miners🔥\n\n$GLD - Long 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: ['The rain has come. The machines are humming. This should be the best time of the year for China’sbitcoinminers. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity.\nBut this year is different, proving to be harder than ever for China’s bitcoin miners and mining farm operators who areestimatedto dominate 65% of the global multi-billion dollar bitcoin mining industry.\nSince last summer,many miningfarm operators rushed to build new facilities in China’s southwestern region in anticipation of a dramatic price rise with bitcoin’s halving.\nRelated:Bitcoin Miners Saw 7% Revenue Increase in July\nButmining difficultyhas now almost doubled compared to the monsoon season last year, while block rewards have halved, meaning it is more difficult to mine, with less rewards. Bitcoin miners that have entered the market since last year have to wait much longer to see a return on their investment in mining hardware and facilities.\nThomas Heller, global business director of mining pool F2Pool, summarized the situation in a recentblog post: “We’re halfway through 2020 and the mining industry has already faced several enormous challenges.”\n“Miners had to battle off the macroeconomic black swan of March, pass through the smoke of the halving and a pandemic, and now they’re gearing up for the rest of the year’s competitive battlefield,” he wrote.\nA year with a bitcoin halving and global epidemic rolled into one, it’s truly one of a kind.\nRelated:Marine Corps Bans Crypto Mining Apps From Government-Issued Mobile Devices\nRead more:Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving\nMany miners expected bitcoin’s price to rise sharply after the halving, said Kevin Pan, CEO and co-founder of the China-based PoolIn, one of the two biggest bitcoin mining pools in the world (along with F2Pool).\n“In reality, not only there was not much price momentum driven by halving, there came themega sell-off on March 12, which caused a large scale of forced liquidation and loss,” he said.\nFor two months after halving, bitcoin’s price largely remained static around $9,000. Although it jumped above $10,000 last week and is now changing hands over $11,000, it is still at a similar price level seen at this time last year.\nIn contrast, the network’s mining difficulty rose to an all-time-level within two months after halving. It’s now almost twice as difficult to mine bitcoin compared to last July, while block rewards have halved.\nWithout a significant price breakout, bitcoin miner’s daily revenue has dropped by 70% compared to last year, said Pan, although the recent bitcoin price jump has helped improving the situation.\nIndeed, Bitinfochart’s datashowsbitcoin’s daily mining revenue was around $0.33 per one terahashes second (TH/s) of computing power in July 2019. It has since then declined to now around $0.1 per TH/s.\nMeanwhile, asurgein interest and investment in bitcoin mining since last year have led to a surplus of newly constructed mining facilities in China.\nIn April, the oversupply issue had already shifted the hosting business from a seller’s market to a buyer’s market, with mining farms generally offering a 20% electricity discount compared to last year.\nPan estimates that during this rainy season, 20% to 30% of mining facility capacity in Sichuan and Yunnan provinces still remains unused.\nRead more:China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing\nTo be clear, bitcoin miners and mining farms can still make a profit. But they have to endure a much longer period than expected to break even on their investments.\nA payback period of six months to a year used to be common for bitcoin miners in China, but if bitcoin maintains its current prices around $11,000, that could be extended to as long as two years.\n“In the eyes of many old Chinese miners, the electricity price right now is not only lower than the similar situation of the halving and hydro season in 2016, but also even lower than the electricity prices during the 2015 bear market,” said Heller of F2Pool.\nLower electricity may be appealing to miners, but it also means mining farm operators are facing an “unprecedented investment challenge” as the business shifted to a buyer’s market, Heller said.\nDespite this year’s tough market environment, some are still bullish over the long term and are rolling out products to attract investors. Jiang Zhuo’er, CEO and founder of mining pool BTC.Top who also runs his own mining farms, recently launched joint-mining contracts dubbed B.top.\nIt essentially sells mining equipment by TH/s and farm electricity at cost to retailers who want to participate in mining. The company will not charge customers hosting and management fees until the mining profits they receive break even on their investment.\nHashAge and Heng Jia, two long-running bitcoin mining farm operators with over a dozen facilities in Sichuan, also announced a partnership with Chinese crypto lending startup Babel last Friday.\nFlex Yang, CEO and co-founder of Babel, said the firm is allocating up to $50 million inUSDTas a loan for those who choose to host their miners at HashAge and Heng Jia’s facilities.\nIn contrast to previous crypto loans that require borrowers to pledge bitcoin as collateral, this new partnership accepts debtors’ miners hosted at HashAge and Heng Jia as collateral.\nThis effort is also one of the industry’s first in terms of treating specialized mining equipment, known as ASIC miners, as a tradable asset in crypto-based debt financing.\nLuxor, a U.S.-based mining pool, rolled out a bitcoinhashrate price indexearlier last month in an effort to provide better transparency into the traditionally opaque market of how much bitcoin mining equipment is changing hands.\nBut rain cuts both ways for the mining industry. Flooding in China is among the worst in decades, and hasaffectedover 50 million residents, with nearly four million people displaced and over 150 dead or missing.\nThe good news is it could have been much worse. Pan said the flood has so far mainly affected the middle and lower reaches of the Yangtze river.\nSince most mining farms in Sichuan and Yunnan are located along the upper reaches in the mountain area, which are some 1,200 km, or 800 miles, away from the middle reaches, there are fewer instances where facilities are directly flooded due to the rainfall.\nBut Pan said there have been more regular instances of mining farms’ hydropower plants temporarily cutting off electricity generation because the increasing water reserve levels would otherwise cause pressure on the dam.\nThe places that are suffering the most severe damage so far are provinces in Central China including Jiangxi, Hubei, Hunan and Anhui provinces, asillustratedin this multimedia article from the South China Morning Post.\nJohnson Xu, chief analyst at Beijing-based research startup TokenInsight, said mining farm operators nowadays are more experienced in choosing the right location for construction, after witnessing events in previous years where facilities were destroyed by floods and mudslides.\n“Chinese mining farms have already conducted thorough due diligence to pick the locations where potential flooding risk is minimal,” so the floods haven’t caused a major impact on the mining community, said Xu.\nRead more:Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China\nAnother reason why there are too many bitcoin mining farms is thepushby local governments in Sichuan for establishing the so-called “Demonstration Zone for Utilizing Excessive Hydropower Electricity” since late last year.\nMining farms and hydropower plants that choose to be based in these industrial parks can typically enjoy a stable operational environment with a steady and cheap power supply. In return, they give a portion of their profits to local governments as well as China’s State Grid, the state-owned utility monopoly.\nIn previous years, many mining farms in Sichuan and Yunnan have been using what’s called “direct-supply” electricity. That means power plants sell electricity directly to mining farm operators without having to share the profits with other parties.\nAs local governments have stepped up efforts to rectify the “direct-supply” model adopted by many power plants, this has created a sort of tug of war among local governments, hydropower plants as well as the State Grid, Pan said.\nSome bitcoin mining farm operators using “direct-supply” electricity wish to sell their facilities at a low valuation given tough market conditions. This tug-of-war will continue to be a risk factor for potential investors in those mining farms.\n“Overall, the latest regulatory policies in China tend to have a negative impact on those unregulated smaller mining farms, but positive towards firms who meet the local regulatory requirements,” Xu added.\n• The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\n• The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners', 'The rain has come. The machines are humming. This should be the best time of the year for China’s bitcoin miners. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity. But this year is different, proving to be harder than ever for China’s bitcoin miners and mining farm operators who are estimated to dominate 65% of the global multi-billion dollar bitcoin mining industry. Since last summer, many mining farm operators rushed to build new facilities in China’s southwestern region in anticipation of a dramatic price rise with bitcoin’s halving. Related: Bitcoin Miners Saw 7% Revenue Increase in July But mining difficulty has now almost doubled compared to the monsoon season last year, while block rewards have halved, meaning it is more difficult to mine, with less rewards. Bitcoin miners that have entered the market since last year have to wait much longer to see Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $205,993,133,500 - Hash Rate: 121437040.395232 - Transaction Count: 329032.0 - Unique Addresses: 708169.0 Social & AI Sentiment: - Fear & Greed Index: 0.72 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: No, blockchain does not fix this. By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack . I mean the meta problem of yet more bad publicity, with the word “bitcoin” again associated with fraud and unsavory behavior, a picture that cryptocurrency advocates will again struggle to avoid. That problem will indirectly but greatly contribute to ongoing public pressure for regulatory constraint on the cryptocurrency industry, which will impede innovation in the sector and its prospects to bring positive change to a broken financial system. Related: Is Crypto Fintech? It Depends Who You Ask A related problem is that Crypto Twitter is an echo chamber. It is too smart for its own good. Within that nerdy hive mind, form doesn’t matter. It’s all about substance. You’re reading Money Reimagined , a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here . “Bitcoin isn’t a crime, it’s just code.” “The hack will open eyes to the failings of a centralized system.” Related: “Decentralization is now inevitable.” Oh, how I wish those sentiments, expressed repeatedly over Twitter this week, were absorbed by “normies.” Sadly, it won’t be the case. In two consecutive tweets, Blockstack CEO Muneeb Ali laid out the challenge between what should be and what, sadly, will be. Might the spectacular breach of Twitter’s defenses eventually convince people to abandon the centralized internet platforms that control their data? Maybe. But many in the mainstream will share the views of New York Magazine’s Josh Barro, who argued, poorly, that the hack wouldn’t have happened if we banned cryptocurrencies. Barro is a smart, influential columnist, respected on both sides of the political divide. It’s counterproductive to call him a would-be Communist “moron,” as this Crypto Twitter member did , alongside many others’ derogatory comments. It signals more about the critic than the criticism, helping perpetuate negative stereotypes of the crypto community. A far better response came from Ideo CoLab’s Ian Lee , who highlighted Barro’s error in conflating technology with a crime. But in the age of social media, constructive nuance like that gets lost in the noise of ad hominem attacks and invective. Story continues That’s a problem because Twitter is a powerful factor in public debate. The performance of the conversation – the form, as much as the substance – matters for how public opinion develops. And that matters because public opinion feeds into regulation, which in turn can impede innovation. DeFi in the crosshairs? This comes amid signs U.S. regulators are focusing on some of the more innovative crypto financial engineering projects. On Monday, news broke that the Securities and Exchange Commission and the Commodity and Futures Trading Commission had forced two separate settlements, worth $150,000 each, out of Abra Global, the crypto-based provider of synthetic digital asset products. Abra, which counts American Express and Indian billionaire Ratan Tata among its investors, has long been seen as one of the most innovative companies in the crypto industry. It launched in 2014 with what was then a radical idea for a crypto-collateralized synthetic stablecoin enabling peer-to-peer remittances from the U.S. to the Philippines. (Abra wasn’t providing an actual token to users, but a contract giving them rights to a fixed-dollar value worth of underlying bitcoin, a deal it achieved via some sophisticated hedging techniques and by using the intermediary-free Bitcoin blockchain as the settlement layer.) More recently, Abra took the same synthetic assets model to offer non-custodial derivative-like investment exposure to a range of assets, including both crypto tokens and traditional financial instruments. In effect, it allowed anyone in the world to place bets of any size on the direction of U.S. stocks and bonds. That’s what got Abra into trouble. The SEC determined it was offering “security-based swaps,” which precluded it from selling to U.S. customers not classified as accredited investors. Although Abra took steps to geofence the American market from its product, the regulators found it hadn’t done enough. The fines won’t derail Abra, which has a growing global base of customers. But the action underscores the challenges for crypto companies doing innovative things in the U.S. against what continues to be a somewhat hostile posture from the SEC. (The CFTC has generally taken a more accommodating stance toward cryptocurrency innovation. Its former chairman, Christopher Giancarlo, is now driving the charge for the U.S. government to embrace a tokenized version of a digital dollar .) In particular, there are risks for the Decentralized Finance, or DeFi , movement. Abra is not formally a DeFi provider, but its model – using underlying cryptocurrencies as collateral to assure stability and blockchains for an intermediary-free, low-friction settlement rail – shares similarities with this burgeoning industry. There’s no reason to suggest DeFi leaders like MakerDAO and Compound are in breach of securities, derivatives or money transmission laws. But you can bet that Washington regulators now have their eyes on an industry that’s bringing services such as collateralized lending and interest rate benchmarking – traditionally the domain of highly regulated financial institutions – into a decentralized setting. The DeFi industry was perhaps too small to matter to regulators before this. But, although the $2.6 billion in value now locked in DeFi contracts is still just a fraction of the trillions in traditional lending markets, it’s now big enough to get on regulators’ radars. ‘Collateral’ damage This is why the Twitter fallout matters. If “cryptocurrency” continues to be a dirty word in Washington, political pressure will come to bear on the agencies seeking to regulate the industry. DeFi is not immune from all that. To be sure, the industry could benefit from more smart regulation. Legal clarity and reliable protection from scammers could help expand DeFi adoption and drive progress from a speculative ecosystem to one that generates valuable credit products and risk management tools. But if the regulatory backlash is too blunt, it could do great harm to innovation. DeFi development can and will continue offshore. But as Abra’s experience shows, the global digital economy’s borderless nature makes it hard for companies to comply with regulations everywhere even when they want to. So the regulatory risk will continue to dangle over the heads of innovators. That’s a pity, because while participants face real risks in the freewheeling, unregulated world of DeFi, the ideas generated there offer an exciting reimagining of the financial system. Whether it ends up looking anything like the current Ethereum-based DeFi ecosystem or something else, the prospect of reducing gatekeeper friction in finance is appealing in a world where exclusion from credit often defines the difference between rich and poor. DeFi leaders have lawyered up in a bid to stay compliant. Some of the issues they face were discussed in a DeFi regulation workshop CoinDesk hosted during our virtual Consensus: Distributed event in May. There, Ropes & Grey attorney Marta Belcher eloquently argued that regulators may even be in breach of developers’ First Amendment constitutional rights if they constrain efforts to writing open-source code for decentralized communities. But do not underestimate the power of Washington or the extent to which social media-infused hysteria can energize those who wield that power. This is why the messaging around events like this Twitter attack matters. At times like this, crypto thought leaders should all try to take the high road. CoinDesk Research covers quarterly data in crypto markets including volatility, correlation, volume and returns of the CoinDesk 20 list of crypto assets. In this report, we also cover derivatives markets, synthetic bitcoins, BTC versus ETH , central bank digital currencies and the return of aging bitcoin mining equipment; and look at the relationship (or lack thereof) between online sports betting and crypto markets. Sign up to download the free report . A history lesson A common theme here at Money Reimagined is the current financial system tends to serve those with access to financial assets while creating barriers for those on the lower rungs of society. This is a particularly important issue for assessing the impact of the Federal Reserve’s massive quantitative easing program in response to the COVID-19 crisis. I continue to believe the real risks from that program, at least for now, lie far more with asset price inflation, and its accompanying impact on income inequality, than with inflation. Global demand for dollars is just too big and the economic fallout from the pandemic too great for any monetary oversupply to unleash an accelerated increase in consumer prices. So, it was quite impactful for me this week to discover the annotated historical charts on equality presented in a colorfully named site I’d never encountered before: WTFHappenedin1971 . The reference to 1971 is, of course, the so-called “Nixon Shock,” the moment when the U.S. took the dollar off its peg to gold, abandoning the core anchor of the Bretton Woods global financial system established in 1944. It was also when the world’s central banks suddenly gained fiat monetary powers, an unimpeded capacity to create money, the very powers the Fed is now drawing on to fight the COVID-19 recession. The classic hard money, anti-1971 argument is that central banks degrade people’s wealth by inflating the monetary base, though strong arguments are made on the other side that fiat monetary creation power enables them to be... - Reddit Posts (Sample): [['u/ColinTalksCrypto', "I prefer jtoomim's aserti3-2d Difficulty Adjustment Algorithm over Bitcoin ABC's Grasberg. That is all.", 121, '2020-08-04 00:45', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/', 'Oh yeah. Read this.\n\nhttps://read.cash/@jtoomim/dark-secrets-of-the-grasberg-daa-a9239fb6', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/', 'i37fmz', [['u/ColinTalksCrypto', 21, '2020-08-04 00:56', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09mxsy/', "Tweeted /u/jtoomim's article for additional exposure:\n\nhttps://twitter.com/ColinTCrypto/status/1290419361652629504", 'i37fmz'], ['u/MoonNoon', 15, '2020-08-04 01:38', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09rsm6/', 'Thank you for speaking up. You should ping miners too. Although I wonder how direct of a contact PR has to the bigwigs but I imagine if enough people tweeted they would have to at least mention it to them.', 'i37fmz'], ['u/[deleted]', 11, '2020-08-04 01:46', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09smz2/', 'Colin glad to see this.', 'i37fmz'], ['u/mtrycz', 18, '2020-08-04 01:47', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09squr/', "Have you already had the time to read Mr Toomim's article?", 'i37fmz'], ['u/jonald_fyookball', 22, '2020-08-04 02:29', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g09xdxd/', 'Never a dull moment right? :)', 'i37fmz'], ['u/shredthefed', 25, '2020-08-04 03:03', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0a169q/', 'After 3 years of this and the previous 3 fighting with Blockstream, I think we could use some dull for a change.', 'i37fmz'], ['u/spe59436-bcaoo', 10, '2020-08-04 03:15', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0a2h4l/', '>I see this as an emotionally reactive "burn down ABC no matter the cost to BCH" strategy\n\nActually, it\'s "we not follow them on Grasberg"', 'i37fmz'], ['u/cassydd', 10, '2020-08-04 10:50', 'https://www.reddit.com/r/btc/comments/i37fmz/i_prefer_jtoomims_aserti32d_difficulty_adjustment/g0b4dsj/', 'I don\'t have the background to weigh in on the technical merits, but "drift correction" seems utterly nuts to the point where no technical benefit could possibly compensate for all of the disadvantages and all of the vested interests and ordinary users that it screws over. It\'s some BSV-level nonsense.', 'i37fmz']]], ['u/Rawlsdeep', 'Who is supporting Bitcoin ABCs DAA plan?', 21, '2020-08-04 01:26', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/', 'I’m just curious to hear from the folks that support Bitcoin ABCs proposed DAA plan.\n\nI’m curious to hear your viewpoints, but a ‘I do’ would be just fine too.', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/', 'i384tv', [['u/bUbUsHeD', 19, '2020-08-04 02:14', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g09vqi0/', "Generally I have been supportive of the decisions made by ABC in the past and satisfied with the quality of their output, but this time I admit it's not the case.\n\nMy biggest problem with the ABC DAA is that they are making a change that effects users / usability without any prior long term plan for it, but they have presented no evidence they negotiated this change at least with major economic players and investors in the BCH ecosystem. I don't expect them to base the decision on reading Twitter and Reddit posts, but it is their job to have established communication channels with all the important economic actors and always act on feedback received from them.\n\nI would like to see all the major (non developer) players come together on this and speak out.", 'i384tv'], ['u/cryptocached', 11, '2020-08-04 03:17', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0a2pbd/', ">Also, I am okay with fixing past drift correction. BCH already has a precedent in fixing the past bugs.\n\nDrift isn't a bug.", 'i384tv'], ['u/shredthefed', 10, '2020-08-04 03:21', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0a37ek/', '>BCH already has a precedent in fixing the past bugs. For example, we recovered all BCH sent to Segwit addresses in the past. So, this idea is not that far fetched.\n\nHelping out unfortunate accounts with locked SegWit funds didn\'t slow down confirmations and mining payouts for half of a decade as a result, so this is a poor example. The SegWit refund was also a one time event never to be done again.\n\nYes, Glasberg is far fetched. Fixing yesterday at the expense of today is ludicrous. \n\nWhen is fixing a problem with a new problem a good idea? Any "bug fix" that degrades the user experience and reliability should not even be a debate, its bad engineering then to be ignored.', 'i384tv'], ['u/JonathanSilverblood', 12, '2020-08-04 04:44', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0acaho/', "I agree that if there had been drift correction in the DAA from genesis that satoshi wrote, then all this would be a non-issue. It would've been great if the DAA's historically had not accumulated drift the way they have.", 'i384tv'], ['u/Means_of_Exchange', 11, '2020-08-04 05:44', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0aifzg/', "Don't you have AVAX to shill?", 'i384tv'], ['u/cryptocached', 10, '2020-08-04 05:56', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0ajl1g/', 'That was a subtle jab at the fact that Grasberg would be the third flawed DAA change by u/deadalnix.', 'i384tv'], ['u/mjh808', 14, '2020-08-04 06:01', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0ak45v/', "I believe that's what jtoomim's DAA does.", 'i384tv'], ['u/BigBlockIfTrue', 10, '2020-08-04 13:19', 'https://www.reddit.com/r/btc/comments/i384tv/who_is_supporting_bitcoin_abcs_daa_plan/g0bdilt/', "> Amaury's proposal is the one that corrects the drift without changing the emission policy hence, conserving Bitcoin Cash hard money property.\n\nYou should read [this](https://read.cash/@jtoomim/dark-secrets-of-the-grasberg-daa-fae20a2d#2-grasberg-will-change-the-bch-coin-emission-schedule)", 'i384tv']]], ['u/uxWhiteSwan', 'ABC is run by all exchanges and most miners. This is unlikely to change', 12, '2020-08-04 04:15', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/', 'We saw from the BTC/BCH and BCH/BSV split that the incumbent keeps the ticker symbol and majority hashrate and infrastructure. \n\n&#x200B;\n\n"Gettting rid" of ABC like what everyone is trying to do right now will cause a split and ABC will keep the above.\n\nMost likely every decision made by the ABC team was thoroughly vetted by the miners that pay them. None of this is random. They will not abandon ABC. Also I don\'t hear anything from the Asian community. Maybe someone has communications? \n\nSo what is actually being accomplished here? a minority fork without ABC? Again, miners will continue with the incumbent. Exchanges, crypto wallets and most infrastructure will remain under the BCH ticker that is associated with ABC. \n\nWhat is the plan to change that? is that even possible?', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/', 'i3atk3', [['u/shredthefed', 18, '2020-08-04 05:07', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0aern4/', 'ABC\'s plan literally requires miners to take a paycut because block times would be lengthened. Miners follow the profit. They will change because its in their best interest to as ABC is again trying to alter mining incentives against them for stupid reasons. \n\nExchanges probably won\'t be too happy that it would take even longer to get through their high confirmation limits for deposits.\n\nDevelopers who\'s dapps were based on contracts won\'t be happy because all of that will need re-done with a different block timing. \n\nEvery day users have to wait a bit longer for confirmations. Have you ever gone to your bank and asked them to waste your time just because?\n\nExactly no one is helped by Glasberg, only burdened\n\nWhat is being accomplished is stripping out yet another bad actor that has drug this community down for far too long by obstructing meaningful change and putting egotistic nonsense ahead of everything else.\n\nIf "BCH" is just ABC in the end, the hell with it then. I supported the split because Core abandoned Satoshi\'s ideology and architecture, if ABC does the same then Im supporting something else, if it has a new name and ticker so be it, Ill have both coins to do with what I wish. \n\nThe splits will continue until one of these chains has finally purged all of the poison.', 'i3atk3'], ['u/lechango', 19, '2020-08-04 05:14', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0afgaa/', "If a corrupted incumbent can never be kicked out, there's no point in even continuing to try this experiment. It will definitely be tough, but not impossible, to rally exchange and wallet support against a corrupt incumbent, if those flip then the miners do too.", 'i3atk3'], ['u/JonathanSilverblood', 10, '2020-08-04 05:37', 'https://www.reddit.com/r/btc/comments/i3atk3/abc_is_run_by_all_exchanges_and_most_miners_this/g0ahrou/', '> Let’s hope..\n\nOr you could, you know, just talk with them?', 'i3atk3'], ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.38% on Tuesday. Partially reversing a 1.52% gain from Monday, Bitcoin ended the day at $11,184.0. It was a bullish start to the day. Bitcoin rose to an early morning intraday high $11,396.0 before hitting reverse. Falling short of the first major resistance level at $11,474, Bitcoin slid to an early afternoon intraday low $11,003.0. Steering clear of the first major support level at $10,961, Bitcoin briefly revisited $11,260 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Tuesday. Tezos rallied by 6.32% to lead the way. Binance Coin (+0.95%), Bitcoin Cash SC (+5.76%), Cardano’s ADA (+4.42%), Ethereum (+0.92%), Stellar’s Lumen (+5.51%), and Tron’s TRX (+2.35%) also found support. It was a bearish day for the rest of the majors, however. Bitcoin Cash ABC (-2.10%), EOS (-0.53%), Litecoin (-1.54%), Monero’s XMR (-2.32%), and Ripple’s XRP (-2.90%) saw red on the day. At the start of the week, the crypto total market cap rose from a Monday low $323.12bn to a Monday high $345.20bn. At the time of writing, the total market cap stood at $333.57bn. Bitcoin’s dominance fell from a Monday high 62.43% to a Tuesday low 61.21%. At the time of writing, Bitcoin’s dominance stood at 61.74%. This Morning At the time of writing, Bitcoin was down by 0.26% to $11,155.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,213.1 to a low $11.085.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.03%. It was a bearish start for the rest of the majors, however. At the time of writing, Tezos (-2.93%), Stellar’s Lumen (-2.86%), and Ripple’s XRP (-2.64%) led the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the $11,194 pivot to support a run at the first major resistance level at $11,386. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,300 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,396 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,587. Expect plenty of resistance at $11,500, however. Failure to move through the $11,194 pivot level would bring the first major support level at $10,993 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,800 levels on the day. The second major support level at $10,801 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Continue to Rally as Momentum Turns Positive EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 5th, 2020 Walt Disney Q3 Revenue Slumps Over 40% as COVID-19 Pandemic Bites; Target Price $80 in Worst-Case Scenario EUR/USD Mid-Session Technical Update for August 4, 2020 Natural Gas Price Fundamental Daily Forecast – The Heat is On; Reaction to $2.149 Sets the Tone GBP/USD Wave C Bounce at 144 ema and 1.30 Support', 'Bitcoin, BTC to USD, fell by 0.38% on Tuesday. Partially reversing a 1.52% gain from Monday, Bitcoin ended the day at $11,184.0.\nIt was a bullish start to the day. Bitcoin rose to an early morning intraday high $11,396.0 before hitting reverse.\nFalling short of the first major resistance level at $11,474, Bitcoin slid to an early afternoon intraday low $11,003.0.\nSteering clear of the first major support level at $10,961, Bitcoin briefly revisited $11,260 levels before falling back into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Tuesday.\nTezos rallied by 6.32% to lead the way.\nBinance Coin (+0.95%), Bitcoin Cash SC (+5.76%), Cardano’s ADA (+4.42%), Ethereum (+0.92%), Stellar’s Lumen (+5.51%), and Tron’s TRX (+2.35%) also found support.\nIt was a bearish day for the rest of the majors, however.\nBitcoin Cash ABC (-2.10%), EOS (-0.53%), Litecoin (-1.54%), Monero’s XMR (-2.32%), and Ripple’s XRP (-2.90%) saw red on the day.\nAt the start of the week, the crypto total market cap rose from a Monday low $323.12bn to a Monday high $345.20bn. At the time of writing, the total market cap stood at $333.57bn.\nBitcoin’s dominance fell from a Monday high 62.43% to a Tuesday low 61.21%. At the time of writing, Bitcoin’s dominance stood at 61.74%.\nAt the time of writing, Bitcoin was down by 0.26% to $11,155.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,213.1 to a low $11.085.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 0.03%.\nIt was a bearish start for the rest of the majors, however. At the time of writing, Tezos (-2.93%), Stellar’s Lumen (-2.86%), and Ripple’s XRP (-2.64%) led the way down.\nBitcoin would need to move through the $11,194 pivot to support a run at the first major resistance level at $11,386.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,300 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,396 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,587. Expect plenty of resistance at $11,500, however.\nFailure to move through the $11,194 pivot level would bring the first major support level at $10,993 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,800 levels on the day. The second major support level at $10,801 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Continue to Rally as Momentum Turns Positive\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 5th, 2020\n• Walt Disney Q3 Revenue Slumps Over 40% as COVID-19 Pandemic Bites; Target Price $80 in Worst-Case Scenario\n• EUR/USD Mid-Session Technical Update for August 4, 2020\n• Natural Gas Price Fundamental Daily Forecast – The Heat is On; Reaction to $2.149 Sets the Tone\n• GBP/USD Wave C Bounce at 144 ema and 1.30 Support', '30% growth from June to July\nVancouver, British Columbia--(Newsfile Corp. - August 5, 2020) -Hello Pal International Inc.(CSE: HP) (FSE: 27H) (OTC Pink: HLLPF) ("Hello Pal" or the "Company"), a provider of rapidly growing international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it achieved record receipts in July 2020 as set forth below:\nLivestreaming Service\nHello Pal\'s livestreaming service achieved record receipts of approximately $1,425,000* in July 2020 for a three-month total of $3,689,250. Three consecutive monthly receipts of over $1,000,000 is a significant milestone as it results in Hello Pal\'s Asian subsidiaries to be cash-flow positive (see chart below).\nFigure 1: Receipts Chart\nTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4359/61060_7e189f25d4638801_001full.jpg\n"We\'re very pleased to have achieved yet another significant milestone in our Company\'s growth with a 30% increase in receipts from June to July," said KL Wong, Founder and Chairman of the Company.\nUser Base Performance\nAs of the date of the news release, Hello Pal\'s registered user base is over 5.1 million users from over 200 countries and regions. The positive increase in registered users continues to be driven by our livestream service.\nThe livestreaming service continues to be active with over 10,000 active daily users interacting with one another.\nThe Company continues to see the daily number of users making top-up payments increase every month. With a significant increase in user engagement on the Hello Pal platform, the company expects this to continue as new features are rolled-out.\n"We are pleased our company is truly global, and will continue to rollout new products, features, to reach new markets. This provides users a social platform diversification that is less restrictive that others," said Hans Xu, Advisor of the Company\n------\nTo download Hello Pal, Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website athellopal.com. Email inquiries can be directed to:[email protected].\nAbout the Hello Pal Platform\nThe Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users\' the freedom to speak in their own language regardless of the other person\'s language they are speaking to. Hello Pal\'s overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.\nThe Hello Pal platform also includes a proprietary digital wallet allowing users to store and transfer popular digital assets Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,663,305,153 - Hash Rate: 108037091.110241 - Transaction Count: 291814.0 - Unique Addresses: 655315.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE / ACCESSWIRE / June 18, 2020 /Cryptocurrency derivatives exchange Bybit has announced it is rolling out a customizable alerts feature for its users, which will allow traders to set alerts on various indicators via its mobile app. The feature is available on bothiOSandAndroid. With the Strategy Alerts feature, users never need to miss a trading signal, even when they're away from the trading interface. Amidst the 24/7 volatility of the cryptocurrency markets, Strategy Alerts will provide an essential means for traders to keep up with what's happening, on the go. Traders will be able to pick and choose the alerts that best suit their needs. Once the target is reached, an alert will be delivered as an immediate notification via the Bybit app. Four Types of Alerts Alerts are commonly used in the traditional financial markets as a means of helping traders keep track of market movements that may impact their portfolio. In offering traders four different types of alerts to suit their strategy, Bybit is offering a wider range of alerts than any cryptocurrency derivatives exchange has done before. The four alerts are: Price Alerts, Trends Shift, Local Pivots, and Market Heat. Price Alertswill provide a notification to the user when a particular price point is crossed in either direction. For example, a user could define a $10,000 price alert for Bitcoin, and they'd receive a notification each time the price of BTC goes either above or below the $10k mark (depending on their settings). This can be useful to a trader who wants to monitor market conditions in the event of such a move, rather than implement a pure stop-loss or take-profit. Trends Shiftallows traders to navigate the direction of the market by providing an alert based on moving average and exponential moving average. For example, when a short-term moving average crosses above a long-term, it provides a bullish signal where a trader may want to buy. Conversely, a short-term moving average crossing below the long-term gives a bearish sell signal. Local Pivots (big movements)capture turning points in the market by alerting the trader when the price touches a local high or low in a given number of candles. This allows traders to enter or exit positions based on emerging market trends. Market Heatallows the trader to be alerted based on macro trends in the markets. For example, if open interest or predicted funding rates in a given asset crosses a particular value. According to Bybit CEO Ben Zhou, the launch of the Strategy Alerts feature is all part of its commitment to its traders to offer the best possible trading environment: "Launching Strategy Alerts is yet another way that Bybit is achieving its goal of creating a faster and fairer trading environment. Even the best traders can't possibly stay plugged into the crypto markets 24/7, so alerts mean that they never have to worry about missing the opportunity to jump in and make a profit, or missing critical risk signals." About Bybit Bybit is a global cryptocurrency derivatives exchange established in March 2018 and registered in the BVI. It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit has a global user base comprising everyone from individual retail clients to professional derivatives traders. Bybit's technology team includes experts from numerous leading companies such as Morgan Stanley, Tencent, Ping' an Bank, and Nuoya Fortune. The exchange offers traders a matching engine capable of 100,000 transactions per second with no downtime. Bybit is committed to creating a fair, transparent, and efficient trading environment for all. For more information please visit:https://www.bybit.com/For updates, follow Bybit's social platforms onTwitterandTelegram. Contact: Dan [email protected]+972-545-464-238 SOURCE:Bybit View source version on accesswire.com:https://www.accesswire.com/594349/Bybit-Exchange-Adds-Customized-In-App-Alerts-For-Traders... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.\n• The Beijing-basedbitcoinminer maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October.\n• The delay is caused by “external interference over the company’s management,” the official accountsaid.\n• It’s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance.\n• That means customers who ordered the June and July batches could have placed their orders as early as March and April.\n• The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially “hard-forked” the firm’s bitcoin miner production.\n• Currently, the official WeChat account of the AntMiner brand is controlled by Wu’s faction within the firm.\n• Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain’s Shenzhen-based factory since then.\n• The situation threatens to become a kind of stalemate: Zhan’s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain’s parent entity in Hong Kong.\n• Bitmain is now offering two mutually exclusive options for customers whose orders are delayed.\n• The first option is to send Bitmain a written request to speed up the delivery. If they still don’t receive their machines 60 days after the notice, they can request a refund.\n• The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases.\nRead more:Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers. The Beijing-based bitcoin miner maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October. The delay is caused by \x93external interference over the company\x92s management,\x94 the official account said . It\x92s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance. That means customers who ordered the June and July batches could have placed their orders as early as March and April. The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially \x93hard-forked\x94 the firm\x92s bitcoin miner production. Currently, the official WeChat account of the AntMiner brand is controlled by Wu\x92s faction within the firm. Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain\x92s Shenzhen-based factory since then. The situation threatens to become a kind of stalemate: Zhan\x92s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain\x92s parent entity in Hong Kong. Bitmain is now offering two mutually exclusive options for customers whose orders are delayed. The first option is to send Bitmain a written request to speed up the delivery. If they still don\x92t receive their machines 60 days after the notice, they can request a refund. The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases. Read more: Power Struggle Inside Bitmain \x91Hard Forks\x92 Bitcoin Miner Production Related Stories Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'The escalating\xa0internal power struggle at Bitmain is starting to have a more serious impact on its business and customers.\n• The Beijing-basedbitcoinminer maker said via the official WeChat account of its AntMiner brand Thursday that customers whose equipment were due in June and July will have to wait until September and October.\n• The delay is caused by “external interference over the company’s management,” the official accountsaid.\n• It’s important to note that bitcoin miners are typically sold via pre-orders, which must be made two to three months in advance.\n• That means customers who ordered the June and July batches could have placed their orders as early as March and April.\n• The delay comes amid the escalating fight for control of Bitmain between its two co-founders, Wu Jihan and Micree Zhan Ketuan, which has essentially “hard-forked” the firm’s bitcoin miner production.\n• Currently, the official WeChat account of the AntMiner brand is controlled by Wu’s faction within the firm.\n• Zhan was ousted by Wu in October, but returned to power in June and has controlled Bitmain’s Shenzhen-based factory since then.\n• The situation threatens to become a kind of stalemate: Zhan’s side will likely not have an easier time with shipments either, as Wu also controls the miner chip supply chain via Beijing Bitmain’s parent entity in Hong Kong.\n• Bitmain is now offering two mutually exclusive options for customers whose orders are delayed.\n• The first option is to send Bitmain a written request to speed up the delivery. If they still don’t receive their machines 60 days after the notice, they can request a refund.\n• The second is to wait patiently until the actual delivery, with Bitmain saying it will compensate customers with their theoretical mining revenue between now and delivery in the form of cash coupons to be used in future purchases.\nRead more:Power Struggle Inside Bitmain ‘Hard Forks’ Bitcoin Miner Production\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On\n• Bitmain Delays Bitcoin Miner Shipments by Three Months as Co-Founders Battle On', 'DUBAI, United Arab Emirates, Aug. 06, 2020 (GLOBE NEWSWIRE) -- WEI Art Collections (https://weiartcollections.art) has stayed true to the meaning of their name with a new art collection. WEI means extraordinary and WEI Art Collections is again set to excite the creative industry with their latest multi-million-dollar contemporary private art collection to celebrate blockchain technology. The new series is an unprecedented fusion of crypto-currency and art.\nWEI Art Collections has carved a niche for creating the finest, most extraordinary abstract, contemporary, and crypto art. With a team of talented and well-respected artists from different parts of the world, representing numerous cultural, ethnic, and racially diverse creative talent, the platform has provided art collectors as well as corporate and technology leaders with an opportunity to acquire exclusive works of art from the WEI Art Collections series.\nThe WEI Art Collections Innovation Series are specifically put together for crypto-currency whales, art buyers, and advocates of the blockchain technology. The series also has its obvious appeal to professionals in the financial sector. The latest collection is coming at the most ideal time, with the world rapidly embracing the features and benefits of crypto-currency and blockchain technology.\nIn the fall of 2018, Adam Lindemann stated in an article in Bloomberg news by Katya Kazakina (https://bloom.bg/3eYwpla) on November 29 as follows: "Everyone is talking about blockchain, but no one really understands it." Adam is a billionaire and abstract contemporary art collector, amongst the world\'s leading art collectors. He noted, "This is the right time to think about art and tech."\nAs the mp3 file undeniably influenced and redefined how the world listens to music, blockchain technology is about to be applied in numerous industries. The use of crypto-currency has become increasingly popular in recent times, with experts predicting growth to the tune of tens of trillions of dollars in the near future. The International Monetary Fund has also substantiated the claim, commenting on the advantages, stability crypto-currency values will enjoy as world economies, and fiat currencies continue to falter. However, the creative industry has been seemingly silent on the subject of crypto-currency and this is where WEI Art Collections is looking to change the narrative with the WEI Art Collections Innovation Series.\nWEI Art Collections initially features the top three of the most prominent crypto-currencies destined for global dominance in the blockchain, global banking, and financial industries. There is also the Innovation Series 21 featuring 21 unique works, developed exclusively featuring Bitcoin. The series is developed in commemoration of Bitcoins issuance of 21 million coins. WEI Art Collections exemplifies the pinnacle of the crypto-art medium, engaging and employing emerging artists directly.\nThe mission of WEI Art Collections is to be amongst the premier contemporary abstract and cryptography art designers/producers/collectors, featu Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,663,305,153 - Hash Rate: 130649505.528664 - Transaction Count: 356612.0 - Unique Addresses: 762479.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: WTI Crude Oil The West Texas Intermediate Crude Oil market has shown itself to be rather resilient during the trading session on Tuesday as we reached towards the $40 level but only found buyers at that point to turn around and reach towards the top of the gap yet again. The 200 day EMA sits just above so I think that will continue to cause major issues, right along with the 61.8% Fibonacci retracement level above there. All of those things at the same area should continue to cause major issues, so I do not think it is easy to break out from here. However, if we get a daily close that is significantly above the 200 day EMA and the 61.8% Fibonacci retracement level, it opens up the door to the $49 level. Crude Oil Video 08.07.20 Brent Brent markets of course are following the same trajectory as they typically do, with a lot of attention being paid to the $43 level. However, we have not filled the gap in this market, so we may have some “catching up” to do in order to set things straight. Ultimately, I do believe that this is a market that eventually tests the top of the gap, and possibly even the 200 day EMA which is just above there. I think that this market will probably lead the way for a potential break out in the WTI market, but at this point at the very least I would anticipate that Brent will outperform the WTI market, solely based upon the fact that we have yet to fill the gap. As we sit between the 50 and 200 day EMA, that normally makes for pretty choppy trading. For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: USD/CAD Daily Forecast – U.S. Dollar Tries To Rebound BTC Aims At Further Growth EUR/USD Price Forecast – Euro Choppy Back and Forth These Are the Factors Going for the S&P 500 Bulls Facebook Testing All-Time High Despite Growing Boycott Natural Gas Price Prediction – Prices Rise but Fail at Resistance... - Reddit Posts (Sample): [['u/Dezhitse', "Why Osana takes so long? (Programmer's point of view on current situation)", 271, '2020-08-06 00:24', 'https://www.reddit.com/r/Osana/comments/i4fazm/why_osana_takes_so_long_programmers_point_of_view/', "I decided to write a comment about «Why Osana takes so long?» somewhere and what can be done to shorten this time. It turned into a long essay. Here's TL;DR of it:\n\n>The cost of never paying down this technical debt is clear; eventually the cost to deliver functionality will become so slow that it is easy for a well-designed competitive software product to overtake the badly-designed software in terms of features. In my experience, badly designed software can also lead to a more stressed engineering workforce, in turn leading higher staff churn (which in turn affects costs and productivity when delivering features). Additionally, due to the complexity in a given codebase, the ability to accurately estimate work will also disappear. \n> \n>Junade Ali, Mastering PHP Design Patterns (2016)\n\nLonger version: I am not sure if people here wanted an explanation from a real developer who works with C and with relatively large projects, but I am going to do it nonetheless. I am not much interested in Yandere Simulator nor in this genre in general, but this particular development has a lot to learn from for any fellow programmers and software engineers to ensure that they'll never end up in Alex's situation, especially considering that he is definitely not the first one to got himself knee-deep in the development hell (do you remember [Star Citizen](https://en.wikipedia.org/wiki/Star_Citizen)?) and he is definitely not the last one.\n\nOn the one hand, people see that Alex works incredibly slowly, equivalent of, like, one hour per day, comparing it with, say, Papers, Please, the game that was developed in nine months from start to finish by one guy. On the other hand, Alex himself most likely thinks that he works until complete exhaustion each day. In fact, I highly suspect that both those sentences are correct! Because of the mistakes made during early development stages, which are highly unlikely to be fixed due to the pressure put on the developer right now and due to his overall approach to coding, cost to add any relatively large feature (e.g. Osana) can be pretty much comparable to the cost of creating a fan game from start to finish. Trust me, I've seen his leaked source code ~~(don't tell anybody about that)~~ and I know what I am talking about. The largest problem in Yandere Simulator right now is its super slow development. So, without further ado, let's talk about how «implementing the low hanging fruit» crippled the development and, more importantly, what would have been an ideal course of action from my point of view to get out. I'll try to explain things in the easiest terms possible.\n\n1. [else if's](https://i.ibb.co/GQrZ6rM/2h7wdn8p70e51.png) and lack any sort of refactoring in general\n\nThe most «memey» one. I won't talk about the performance though (`switch` statement is not better in terms of performance, it is a myth. If compiler detects some code that can be turned into a jump table, for example, it will do it, no matter if it is a chain of `if`'s or a `switch` statement. Compilers nowadays are way smarter than one might think). Just take a look [here](https://i.ibb.co/pnsw63m/elseif-before-refactoring.png). I know that it's his older JavaScript code, but, believe it or not, this piece is still present in C# version relatively untouched.\n\nI [refactored this code for you](https://i.ibb.co/r7txC00/ref1.png) using C language (mixed with C++ since there's no `this` pointer in pure C). Take a note that `else if`'s are still there, `else if`'s are not the problem by itself.\n\nThe refactored code is just objectively better for one simple reason: it is shorter, while not being obscure, and now it should be able to handle, say, Trespassing and Blood case without any input from the developer due to the usage of [flags](https://en.wikipedia.org/wiki/Bit_field). Basically, the shorter your code, the more you can see on screen without spreading your attention too much. As a rule of thumb, the less lines there are, the easier it is for you to work with the code. Just don't overkill that, unless you are going to participate in [International Obfuscated C Code Contest](https://en.wikipedia.org/wiki/International_Obfuscated_C_Code_Contest). Let me reiterate:\n\n>Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away. \n> \n>Antoine de Saint-Exupéry\n\nThis is why refactoring — activity of rewriting your old code so it does the same thing, but does it quicker, in a more generic way, in less lines or simpler — is so powerful. In my experience, you can only keep one module/class/whatever in your brain if it does not exceed \\~1000 lines, maybe \\~1500. Splitting 17000-line-long class into smaller classes probably won't improve performance at all, but it will make working with parts of this class way easier.\n\nIs it too late now to start refactoring? Of course NO: better late than never.\n\n2. [Comments](https://i.ibb.co/d0KrNr0/clown.jpg)\n\nIf you think that you wrote this code, so you'll always easily remember it, I have some bad news for you: you won't. In my experience, one week and that's it. That's why comments are so crucial. It is not necessary to put a ton of comments everywhere, but just a general idea will help you out in the future. Even if you think that It Just Works™ and you'll never ever need to fix it. Time spent to write and debug one line of code almost always exceeds time to write one comment in large-scale projects. Moreover, the best code is the code that is self-evident. In the example above, what the hell does `(float) 6` mean? Why not wrap it around into the constant with a good, self-descriptive name? Again, it won't affect performance, since C# compiler is smart enough to silently remove this constant from the real code and place its value into the method invocation directly. Such constants are here for you.\n\nI [rewrote my code above a little bit to illustrate this](https://i.ibb.co/L5XzCXq/ref2.png). With those comments, you don't have to remember your code at all, since its functionality is outlined in two tiny lines of comments above it. Moreover, even a person with zero knowledge in programming will figure out the purpose of this code. It took me less than half a minute to write those comments, but it'll probably save me quite a lot of time of figuring out «what was I thinking back then» one day.\n\nIs it too late now to start adding comments? Again, of course NO. Don't be lazy and redirect all your typing from «debunk» page (which pretty much does the opposite of debunking, but who am I to judge you here?) into some useful comments.\n\n3. Unit testing\n\nThis is often neglected, but consider the following. You wrote some code, you ran your game, you saw a new bug. Was it introduced right now? Is it a problem in your older code which has shown up just because you have never actually used it until now? Where should you search for it? You have no idea, and you have one painful debugging session ahead. Just imagine how easier it would be if you've had some routines which automatically execute after each build and check that environment is still sane and nothing broke on a fundamental level. This is called unit testing, and yes, unit tests won't be able to catch all your bugs, but even getting 20% of bugs identified at the earlier stage is a huge boon to development speed.\n\nIs it too late now to start adding unit tests? Kinda YES and NO at the same time. Unit testing works best if it covers the majority of project's code. On the other side, a journey of a thousand miles begins with a single step. If you decide to start refactoring your code, writing a unit test before refactoring will help you to prove to yourself that you have not broken anything without the need of running the game at all.\n\n4. [Static code analysis](https://en.wikipedia.org/wiki/Static_program_analysis)\n\nThis is basically pretty self-explanatory. You set this thing once, you forget about it. Static code analyzer is another «free estate» to speed up the development process by finding tiny little errors, mostly silly typos (do you think that you are good enough in finding them? Well, good luck catching `x << 4;` in place of `x <<= 4;` buried deep in C code by eye!). Again, this is not a silver bullet, it is another tool which will help you out with debugging a little bit along with the debugger, unit tests and other things. You need every little bit of help here.\n\nIs it too late now to hook up static code analyzer? Obviously NO.\n\n5. Code architecture\n\nSay, you want to build Osana, but then you decided to implement some feature, e.g. Snap Mode. By doing this you have maybe made your game a little bit better, but what you have just essentially done is complicated your life, because now you should also write Osana code for Snap Mode. The way game architecture is done right now, easter eggs code is deeply interleaved with game logic, which leads to code «spaghettifying», which in turn slows down the addition of new features, because one has to consider how this feature would work alongside each and every old feature and easter egg. Even if it is just gazing over one line per easter egg, it adds up to the mess, slowly but surely.\n\nA lot of people mention that developer should have been doing it in object-oritented way. However, there is no silver bullet in programming. It does not matter that much if you are doing it object-oriented way or usual procedural way; you can theoretically write, say, AI routines on functional (e.g. [LISP](https://en.wikipedia.org/wiki/Lisp_(programming_language))) or even logical language if you are brave enough (e.g. [Prolog](ht... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The U.S. Senate confirmed Securities and Exchange Commission commissioner Hester Peirce for a second term in a voice vote on Thursday. The Senate Banking Committee cleared Peirce\'s nomination alongside the nomination of Caroline Crenshaw on Wednesday . Peirce took office in 2018 and was formally nominated for a second term in early June. Peirce\'s second term will expire in 2025. Peirce is likely to continue advancing policy goals that have drawn cheers from the crypto industry, including her advocacy for the approval of a bitcoin ETF \x97 efforts to date have been stymied amid concerns about price manipulation and the lack of surveillance-sharing agreements across major marketplaces. In February, Peirce wrote in a dissenting statement about the agency\'s rejection of the United States Bitcoin and Treasury Investment Trust: "The Commission\'s approach to these bitcoin exchange-traded products is frustrating because it evinces a stubborn stodginess in the face of innovation." That same month, Peirce unveiled a safe harbor regulatory proposal for startups that conduct token sales. In exchange for giving token projects a three-year period in which to develop their networks and pursue a path of decentralization, such startups would be required to adhere to disclosure standards and SEC oversight. In a statement published Thursday night, SEC chairman Jay Clayton and fellow commissioners Elad Roisman and Allison Herren Lee congratulated Peirce and Crenshaw. "On behalf of our 4,500 dedicated colleagues, we applaud their long standing commitment to investors and look forward to their continued work to advance the SEC\'s vital mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation," they said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The U.S. Senate confirmed Securities and Exchange Commission commissioner Hester Peirce for a second term in a voice vote on Thursday.\nThe Senate Banking Committee cleared Peirce\'s nomination alongside the nomination of Caroline Crenshaw onWednesday. Peirce took office in 2018 and was formallynominatedfor a second term in early June. Peirce\'s second term will expire in 2025.\nPeirce is likely to continue advancing policy goals that have drawn cheers from the crypto industry, including her advocacy for the approval of a bitcoin ETF — efforts to date have been stymied amid concerns about price manipulation and the lack of surveillance-sharing agreements across major marketplaces. In February, Peirce wrote in adissenting statementabout the agency\'s rejection of the United States Bitcoin and Treasury Investment Trust: "The Commission\'s approach to these bitcoin exchange-traded products is frustrating because it evinces a stubborn stodginess in the face of innovation."\nThat same month, Peirceunveileda safe harbor regulatory proposal for startups that conduct token sales. In exchange for giving token projects a three-year period in which to develop their networks and pursue a path of decentralization, such startups would be required to adhere to disclosure standards and SEC oversight.\nIn astatementpublished Thursday night, SEC chairman Jay Clayton and fellow commissioners Elad Roisman and Allison Herren Lee congratulated Peirce and Crenshaw. "On behalf of our 4,500 dedicated colleagues, we applaud their long standing commitment to investors and look forward to their continued work to advance the SEC\'s vital mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation," they said.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', "Microsoft Inc (NASDAQ: MSFT ) is criticizing Apple Inc’s (NASDAQ: AAPL ) App Store policies, which have resulted in cloud gaming platforms of multiple companies being denied entry, the Verge reported Thursday. What Happened The Bill Gates-co-founded technology giant said\xa0Apple is denying consumers the benefit of accessing its game streaming service xCloud\xa0by unfairly enforcing its App Store policies\xa0— treating it differently than other media platforms. Microsoft said its testing period for xCloud preview app for iOS has expired. “Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” the Redmond-based company\xa0noted. “Apple stands alone as the only general purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass.” The iPhone maker is also denying permission for Alphabet Inc (NASDAQ: GOOGL ) (NASDAQ: GOOG ) subsidiary Google’s Stadia platform to list on its app store, the Verge noted. Apple, in a statement to Business Insider, said\xa0it denies cloud platform game apps listing on the app store because the games available on streaming platforms cannot be reviewed individually through its Game pass service. Why It Matters The Tim Cook-led company\xa0allows Netflix Inc. (NASDAQ: NFLX ) and Spotify Technology SA (NYSE: SPOT ) to run streaming services on its app store, but refuses\xa0to extend the same measures to gaming, citing its interactive nature, Insider noted. Apple also denied Facebook Inc’s (NASDAQ: FB ) new gaming application listing on its app store multiple times, claiming that the app acts as a storefront. The iPhone maker is facing accusations of being anticompetitive and is under investigation by the European Union. Last month, Cook defended Apple’s treatment of app developers at a House anti-trust hearing,\xa0alongside CEOs of Facebook, Alphabet, and Amazon.com Inc. (NASDAQ: AMZN ). Price Action Apple shares closed nearly 3.5% higher at $455.61 on Thursday and rose another almost 0.3% in the after-hours session.\xa0Microsofy shares closed 1.6% higher at $216.35 the same day. See more from Benzinga Microsoft Looking To Buy TikTok's Entire Global Business, Not Just In Four Countries: FT Square Reports Massive Q2 Earnings Beat, As Bitcoin Revenue Rises 600% Microsoft Commits To Become 'Zero Waste' Company By 2030, After Carbon Negative Pledge © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "Microsoft Inc(NASDAQ:MSFT) is criticizingApple Inc’s(NASDAQ:AAPL) App Store policies, which have resulted in cloud gaming platforms of multiple companies being denied entry, the VergereportedThursday.\nWhat Happened\nThe Bill Gates-co-founded technology giant said\xa0Apple is denying consumers the benefit of accessing its game streaming service xCloud\xa0by unfairly enforcing its App Store policies\xa0— treating it differently than other media platforms.\nMicrosoft said its testing period for xCloud preview app for iOS has expired.\n“Unfortunately, we do not have a path to bring our vision of cloud gaming with Xbox Game Pass Ultimate to gamers on iOS via the Apple App Store,” the Redmond-based company\xa0noted.\n“Apple stands alone as the only general purpose platform to deny consumers from cloud gaming and game subscription services like Xbox Game Pass.”\nThe iPhone maker is also denying permission forAlphabet Inc(NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google’s Stadia platform to list on its app store, the Verge noted.\nApple, in astatementto Business Insider, said\xa0it denies cloud platform game apps listing on the app store because the games available on streaming platforms cannot be reviewed individually through its Game pass service.\nWhy It Matters\nThe Tim Cook-led company\xa0allowsNetflix Inc.(NASDAQ:NFLX) andSpotify Technology SA(NYSE:SPOT) to run streaming services on its app store, but refuses\xa0to extend the same measures to gaming, citing its interactive nature, Insider noted.\nApple also deniedFacebook Inc’s(NASDAQ:FB) newgaming applicationlisting on its app store multiple times, claiming that the app acts as a storefront.\nThe iPhone maker is facing accusations of being anticompetitive and is under investigation by the European Union.\nLast month, Cook defended Apple’s treatment of app developers at a House anti-trust hearing,\xa0alongside CEOs of Facebook, Alphabet, andAmazon.com Inc.(NASDAQ:AMZN).\nPrice Action\nApple shares closed nearly 3.5% higher at $455.61 on Thursday and rose another almost 0.3% in the after-hours session.\xa0Microsofy shares closed 1.6% higher at $216.35 the same day.\nSee more from Benzinga\n• Microsoft Looking To Buy TikTok's Entire Global Business, Not Just In Four Countries: FT\n• Square Reports Massive Q2 Earnings Beat, As Bitcoin Revenue Rises 600%\n• Microsoft Commits To Become 'Zero Waste' Company By 2030, After Carbon Negative Pledge\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Binance’s USD stablecoin has been given the green light by New York’s financial watchdog, meaning banks and financial institutions can use the asset without any further regulatory approval.\n• The New York Department of Financial Services (NYDFS)updated its "Greenlist"this week to include Binance USD (BUSD).\n• This means banks in the New York area can now custody and list BUSD without prior approval from the NYDFS but must still inform the regulator before adding it.\n• Binance Compliance Officer Samuel Lim told CoinDesk BUSD could be accepted “on an immediate basis” by licensed entities.\n• “So if tomorrow, JPMorgan decides to use BUSD, they can and can do so immediately,” he said.\n• Binance said BUSD was NYDFS-approved at itslaunchin September 2019, but exchanges needed approval before listing it.\n• BUSD is a white-label stablecoin from the Paxos Trust Company, which the NYDFS approved to issue stablecoins in 2018.\n• Bitcoin,etherandlitecoinare all on 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: 2020-08-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,663,305,153 - Hash Rate: 127299518.207416 - Transaction Count: 326499.0 - Unique Addresses: 707225.0 Social & AI Sentiment: - Fear & Greed Index: 0.77 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Gold's developer team has prevented an "extremely long attack chain" against the network according to a Friday announcement. According to the development team, an attacker rented hash power from mining service provider NiceHash on July 1 and secretly mined an alternative chain essentially creating a new transaction history for the network for nearly ten days, mining over 1,300 blocks in the process. On July 10, the attacker released the secret chain in an attempt to collect over 8,000 bitcoin gold, worth more than $75K at press time. The attacker was thwarted, however, as the Bitcoin Gold team detected the attack early on and alerted mining pools and exchanges about the potential attack. The team also privately supplied these entities with a new updated version of the Bitcoin Gold network, which implemented a checkpoint at block 640,650the most recent "honest block" before the attack. This new code, run by pools and exchanges, automatically rejected the attacker's chain when it was released on July 10. Bitcoin Gold has a history of reorg attacks. The network faced a $70,000 attack in January 2020 and an $18M attack in May 2018. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/gimbic1234567', 'Bitcoin. Gold. 5G. EV. Online education. Body cams. Drones. What’s next?', 19, '2020-08-07 03:07', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/', 'If you’ve been following stocks, then you know we’re always after the next big thing. \n\nAny predictions?\n\nI think guns still have a run in them as the election approaches. \n\nWhat do you guys think? What’s next?', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/', 'i54d3g', [['u/piratecheese13', 15, '2020-08-07 03:09', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mlrbw/', 'Space. Mining in space. Will have a permanent moon station by 2024, mining by 2025/2026. If you’re not invested in something that makes money off of mining Celestial bodies you need to rethink your portfolio', 'i54d3g'], ['u/Kuyper123', 15, '2020-08-07 03:11', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mlz3b/', 'Cloud technologies🚀. In the middle of its run atm will be hot for next 2 weeks imo.', 'i54d3g'], ['u/4point0stud', 10, '2020-08-07 03:33', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mo2wf/', 'Election coming, identification companies will be popular to prevent identity theft. \nAnd that’s why I’m holding BKYI currently', 'i54d3g'], ['u/piratecheese13', 10, '2020-08-07 04:12', 'https://www.reddit.com/r/pennystocks/comments/i54d3g/bitcoin_gold_5g_ev_online_education_body_cams/g0mrz1z/', 'Jeff Bezos has way more horizontal integration than Elon musk so yeah. It’s very obvious that everything Elon does is vertically integrated as every business he runs from Tesla to the Boring Company to SpaceX can be used in space flight. So it would make sense for his stuff to stay together as opposed to: a service that you listen to books on, a service you used to buy tchotchkes, a speaker with the microphone that listens to your every word and a spaceship company.\n\nHell, I’d rather see Richard Branson than Jeff Bezos go to space.', 'i54d3g']]], ['u/anonthanksforhelp', 'Restaurant in AUS, want to accept bitcoin as payment', 72, '2020-08-07 04:17', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/', 'Hey,\n\nI own a restaurant in Australia.\nI’d like to start accepting bitcoin as payment over the counter.\n\nEasiest and best software to use?\n\nFrom a quick google, companies like BitPay are bad.\n\nIf someone could please recommend a good, reliable, safe and secure method, that would be great. \n\nThanks.\n\nEDIT: massive thanks to everyone’s contribution!\n\n2ND EDIT: fuck all the bitcoin cash spam messages I’ve received, lol.', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/', 'i55et5', [['u/KyleSector', 18, '2020-08-07 05:33', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0n0277/', 'BTCPay Server dot org', 'i55et5'], ['u/stephanlivera', 22, '2020-08-07 06:25', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0n51ra/', "* [Btcpayserver.org](https://Btcpayserver.org) \\- Free open source alternative, will require a bit more work on your part, but will be more 'self sovereign'. talk to @pavlenex on Twitter if you want help - [https://twitter.com/pavlenex/status/1291528729563406336](https://twitter.com/pavlenex/status/1291528729563406336) \n* [https://travelbybit.com/become-a-merchant#form](https://travelbybit.com/become-a-merchant#form) \\- Travel By Bit can also help with this kind of thing", 'i55et5'], ['u/ferkevir', 13, '2020-08-07 08:00', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ncstp/', 'You know what, just download Phoenix wallet on your phone and accept BTC or lightning right away. No need third party ect.', 'i55et5'], ['u/Bitcoin_to_da_Moon', 17, '2020-08-07 09:15', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ni14r/', '>From a quick google, companies like BitPay are bad.\n\nYeeeeeeeeeeeeesss! We did it :-D', 'i55et5'], ['u/igadjeed', 11, '2020-08-07 09:17', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0ni6d5/', 'To process over the counter sales, for a small number of transactions \n\n* install Electrum on a desktop PC, accessible to manager only \n* install the Android version of Electrum on the cashier\'s or servers\' phone(s) or tablet(s) \n* create the Android Electrum wallet(s) as watching-only wallets by pasting the zpub master public key from desktop Electrum to Android Electrum. This can be done quickly by displaying the zpub\'s QR on desktop and pointing the phone/tablet camera at the QR \n* to accept Bitcoin, the cashier uses the watching-only wallet on Android Electrum. Press "Receive", enter Bitcoin amount and description, press "Request". Electrum displays a QR image of the payment request. Customer points his phone camera at the cashier\'s phone to capture the QR, and pays the payment request with his phone wallet \n\nYou don\'t need a third-party service. Bitcoin is like cash, not like PayPal, not like credit cards \n\nYou don\'t need server-based software like BTCPay Server unless you\'re processing hundreds of Bitcoin payments per day \n\nFollowup here if you want click-by-click details for setting up Electrum, displaying the zpub, etc', 'i55et5'], ['u/willdocrazyobs4btc', 12, '2020-08-07 10:20', 'https://www.reddit.com/r/Bitcoin/comments/i55et5/restaurant_in_aus_want_to_accept_bitcoin_as/g0nm297/', "Phoenix wallet works best, especially if you're expecting only a small number of customer using Bitcoin. It does lightning = really cheap and fast payments. Once you'll have more customers than you can handle with one wallet, look at [Btcpayserver.org](https://btcpayserver.org/)", 'i55et5']]], ['u/TimesSquareMagician', 'A question to all degenerates from /r/wallstreetbets', 25, '2020-08-07 04:58', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/', 'Are you perving here on /r/Bitcoin for the possibility of asymmetric returns with a binary outcome ? Please share your stories.', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/', 'i560ul', [['u/MakeTotalDestr0i', 33, '2020-08-07 06:40', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/g0n6bpi/', "If you want to convince wsb tell them Bitcoin is a call option that never expires, so they don't have to give tendies to the theta gang anymore", 'i560ul'], ['u/xtal_00', 11, '2020-08-07 07:33', 'https://www.reddit.com/r/Bitcoin/comments/i560ul/a_question_to_all_degenerates_from_rwallstreetbets/g0naoqj/', "BTC is like trading the S&P with 400x leverage.\n\nWhat's not to love?", 'i560ul']]], ['u/AutoModerator', '[Daily Discussion] Friday, August 07, 2020', 52, '2020-08-07 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/', 'i56zuq', [['u/jarederaj', 35, '2020-08-07 12:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0ntf02/', "If there's a weekend pump again then I'm going to be easily convinced that there's a bull whale strategy. In that scenario, a fair amount of the bull whale strategy is to completely fuck over short positions on CME. Consequently, CME drives the price up on arbitrage because every weekend shorts get fucked by a 5 -10% pump... And bulls/bots really start arbitraging BTC against futures prices on the CME contracts.\n\nCME is getting rekt because they're not open 24/7. The irony is rich.", 'i56zuq'], ['u/Quintall1', 20, '2020-08-07 12:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0ntt8l/', '100% my thoughts aswell these last few weeks, someone with aloootttaaaa coins is trying to fuck over CME, probably just to show whos boss in bitcoin world.\n\n "We tamed bitcoin" they will soon eat their words', 'i56zuq'], ['u/mrlegday', 11, '2020-08-07 12:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/i56zuq/daily_discussion_friday_august_07_2020/g0numzr/', 'YES finally, it was so clear from the beggining that whales will abuse this hack.\n\nWallstreet can\'t compete with 24/7 markets, fuck syntetic cash settled futures!\n\n&#x200B;\n\nNow about that manipulation you mentioned, I did no... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.52% on Friday. Reversing a 0.20% gain from Thursday, Bitcoin ended the day at $11,580.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,900 before hitting reverse.\nFalling short of the first major resistance level at $11,914, Bitcoin slid to a late afternoon intraday low $11,326.\nBitcoin fell through the first major support level at $11,581 and the second major support level at $11,402.\nFinding late support, however, Bitcoin broke back through the second major support level to end the day at $11,580.\nThe first major support level at $11,581 pinned Bitcoin back late in the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day for the majors on Friday.\nBitcoin Cash SV (-4.48%), Cardano’s ADA (-3.93%), Ethereum (-3.93%), Litecoin (-3.10%), Stellar’s Lumen (-3.44%), and Tezos (-4.53%) led the way down.\nBinance Coin (-1.85%), Bitcoin Cash ABC (-2.15%), EOS (-2.54%), Monero’s XMR (-1.10%), Ripple’s XRP (-2.87%), and Tron’s TRX (-1.83%) saw relatively modest losses on the day.\nIn the current week, the crypto total market cap rose from a Monday low $323.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $342.33bn.\nBitcoin’s dominance fell from a Monday high 62.46% to a Tuesday low 61.24%. At the time of writing, Bitcoin’s dominance stood at 62.69%.\nAt the time of writing, Bitcoin was up by 0.17% to $11,599.6. A mixed start to the day saw Bitcoin fall to an early morning low $11,523.0 before rising to a high $11,608.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-1.02%), Cardano’s ADA (-0.09%), EOS (-0.38%), Monero’s XMR (-0.80%), Stellar’s Lumen (-0.02%), Tezos (-0.74%), and Tron’s TRX (-0.90%) saw red.\nIt was a bullish start for the rest of the majors, however.\nBitcoin Cash ABC was up by 0.22% to lead the way.\nBitcoin would need to move through the $11,600 pivot to support a run at the first major resistance level at $11,878.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,800 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $11,900 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,176.\nFailure to move through the $11,600 pivot level would bring the first major support level at $11,304 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels. The second major support level at $11,028 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Melt-Up Continues While Metals Warn of Risks\n• Silver Price Forecast – Silver Markets Finally Acknowledging Gravity\n• Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Sideways\n• Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion\n• Gold Price Forecast – Gold Markets Form Bearish Engulfing Candlestick\n• Natural Gas Price Prediction – Prices Rise Forming Bull Flag Pattern', 'Bitcoin, BTC to USD, fell by 1.52% on Friday. Reversing a 0.20% gain from Thursday, Bitcoin ended the day at $11,580.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,900 before hitting reverse. Falling short of the first major resistance level at $11,914, Bitcoin slid to a late afternoon intraday low $11,326. Bitcoin fell through the first major support level at $11,581 and the second major support level at $11,402. Finding late support, however, Bitcoin broke back through the second major support level to end the day at $11,580. The first major support level at $11,581 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day for the majors on Friday. Bitcoin Cash SV (-4.48%), Cardano’s ADA (-3.93%), Ethereum (-3.93%), Litecoin (-3.10%), Stellar’s Lumen (-3.44%), and Tezos (-4.53%) led the way down. Binance Coin (-1.85%), Bitcoin Cash ABC (-2.15%), EOS (-2.54%), Monero’s XMR (-1.10%), Ripple’s XRP (-2.87%), and Tron’s TRX (-1.83%) saw relatively modest losses on the day. In the current week, the crypto total market cap rose from a Monday low $323.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $342.33bn. Bitcoin’s dominance fell from a Monday high 62.46% to a Tuesday low 61.24%. At the time of writing, Bitcoin’s dominance stood at 62.69%. This Morning At the time of writing, Bitcoin was up by 0.17% to $11,599.6. A mixed start to the day saw Bitcoin fall to an early morning low $11,523.0 before rising to a high $11,608.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-1.02%), Cardano’s ADA (-0.09%), EOS (-0.38%), Monero’s XMR (-0.80%), Stellar’s Lumen (-0.02%), Tezos (-0.74%), and Tron’s TRX (-0.90%) saw red. Story continues It was a bullish start for the rest of the majors, however. Bitcoin Cash ABC was up by 0.22% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $11,600 pivot to support a run at the first major resistance level at $11,878. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,800 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $11,900 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,176. Failure to move through the $11,600 pivot level would bring the first major support level at $11,304 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,000 levels. The second major support level at $11,028 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Melt-Up Continues While Metals Warn of Risks Silver Price Forecast – Silver Markets Finally Acknowledging Gravity Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Sideways Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion Gold Price Forecast – Gold Markets Form Bearish Engulfing Candlestick Natural Gas Price Prediction – Prices Rise Forming Bull Flag Pattern', 'Ben Goertzel is founder and CEO of SingularityNET, a blockchain-based AI marketplace project. The global need for scalable, usable decentralized information technologies has never been more acute than right now, mid-pandemic. Forced digitalization is driving most of the world’s population further into the grip of big tech companies. As more of life goes online, more of the world’s data goes into their hands, and a higher percentage of human thoughts and behaviors are guided by their self-serving algorithms. Related: Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges Effective management of the pandemic cries out for integrated analysis of medical data and data on human movement and interaction. However, integrated doesn’t have to mean centralized. Indeed, the centralized nature of many track-and-trace apps has been their doom , rendering them mostly non-functional due their incompatibility with Google and Apple’s latest privacy-respecting features. See also: For Contact Tracing to Work, Americans Will Have to Trust Google and Apple A recent survey done by my colleagues at Humanity+, a nonprofit that advocates for ethical use of technology, showed that, of the attendees at their online event, 61% were not comfortable with governments collecting their physiological and medical data, even in a pandemic context. But 92% would rather their medical data be stored on a blockchain, than centralized government databases. We should have a global, decentralized system for collecting medical, movement, interaction and lifestyle data from everyone on the planet – and methods to analyze it in a secure, anonymous way. Statistical and AI analysis should be guided democratically by everyone contributing data. While policy could be set by sophisticated agent-based modeling leveraging this data, without sacrificing privacy. Related: The Fourth Era of Blockchain Governance We are not so far off from realizing such a system. A number of relevant tools were created by the 1,000+ developers participating in the COVIDathon decentralized-AI hackathon against COVID this spring. Part of my AI team at SingularityNET set aside their work temporarily to focus on building the Rejuve COVID App that identifies infections early based on data from smartphone peripherals like fitbits and digital thermometers as well as relevant policy decisions like the opening/closing of schools and restaurants. Story continues It’s clear that the centralized systems currently running the planet are not to be trusted to coordinate the next growth phase of humanity However valuable these efforts are, the decentralized software ecosystem is not at the point where it can be used as the default for carrying out all aspects of pandemic management. COVID-19 will be beaten relatively soon, and my hope is that decentralized tools will play a role in the solution, even if not a dominant one.\xa0This is unlikely to be the last nor worst pandemic, nor the last nor worst crisis, to hit humanity.\xa0I’m hopeful the decentralized tools being built today will be pivotal in whatever comes next. Hype cycles The web went from idea to reality in the space of a decade. While Vannevar Bush’s memex (1950s) and Ted Nelson’s Xanadu (1960s) pr Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,158,052,534 - Hash Rate: 118924549.904297 - Transaction Count: 283631.0 - Unique Addresses: 625679.0 Social & AI Sentiment: - Fear & Greed Index: 0.77 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Related: If Crypto Is Anything Like Fixed-Income, Its Going to Need a Fatter Textbook Over time, as with fixed income, digital asset participants will begin to specialize. Related Stories One Mans Mission to Deploy Solar-Powered Bitcoin Nodes Across Africa US Supreme Courts Computer Fraud Ruling Has Big Implications for Crypto... - Reddit Posts (Sample): [['u/Dronest', 'Verified Squad Member Idea', 96, '2020-08-08 01:59', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/', "So, there's definitely a lot of people complaining about not being able to help friends. Some people are doing things a little bit more than others (SICC cases) but I would really like to help a friend that's lower level than me(small stuff like gpus for btc farm), but I'm worried about being banned for boosting.\n\n\nOne thought I had was what if BSG had a system where if you raid in the same squad with a player after 25-30 raids you guys become verified squad mates. That way, if you're wanting to help them out BSG knows it's not just RMT because it wouldn't be worth it for them to get verified, but people wanting to help their friends with their excess wealth wouldn't have to stress about getting banned.\n\n\nSorry for the poor formatting, I'm on mobile.\n\n\nEDIT: An example of a reason I would want something like this would be -- my hideout and quests are done, my buddy is working on Private Clinic, I want to help him get LedX's, but he doesn't have the emercom key or many shoreline keys. I would like to be able to have him hit power, me grab the LedX and shove it up my prison pocket. But if I die I'd like to bring it to him the next raid without worrying about being banned.", 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/', 'i5p3eh', [['u/Pappascorched', 19, '2020-08-08 02:03', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/g0qleju/', 'I personally like this idea', 'i5p3eh'], ['u/Prof_Messer', 14, '2020-08-08 02:19', 'https://www.reddit.com/r/EscapefromTarkov/comments/i5p3eh/verified_squad_member_idea/g0qn3lf/', 'While it’s a great idea, it has been said they do not like boosting other players. So I doubt it will ever be reality.', 'i5p3eh']]], ['u/ImAtWorkWorkWorkWork', 'Finally purchased my first bitcoin!', 140, '2020-08-08 02:19', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/', "It was only $50 worth (US) but I have wanted to invest for so long and have never done it. Excited to start investing on a regular basis even if it's small amounts!", 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/', 'i5pf6x', [['u/Techstepper77', 16, '2020-08-08 02:22', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qnetg/', 'Getting foot in the door is first step. Congrats!', 'i5pf6x'], ['u/Mark_Bear', 42, '2020-08-08 02:38', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qp41s/', 'An important milestone in life.\n\n&#x200B;\n\nWelcome to Bitcoin.', 'i5pf6x'], ['u/skagnboneman12', 23, '2020-08-08 02:59', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qrbgz/', 'Keep adding what you can and I suggest that you use the DCA, (dollar cost averaging), method. Your sats will soon stack up. Set yourself an achievable goal like 0.1 Bitcoin and keep adding every week what you can afford. I started in January and I have hit two goals in Bitcoinville. Good luck to you. Viva Bitcoin 🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f.', 'i5pf6x'], ['u/skagnboneman12', 10, '2020-08-08 03:49', 'https://www.reddit.com/r/Bitcoin/comments/i5pf6x/finally_purchased_my_first_bitcoin/g0qwom1/', "🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007fYep that's the Welsh flag just to show that cryptocurrency has even reached us here in the dark Valleys of South Wales. Viva Bitcoin 🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f🏴\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f", 'i5pf6x']]], ['u/HunterMitchell625', 'Can we just make a giant list of ideas. I just want to know the possibilities', 151, '2020-08-08 02:52', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/', 'r/keep r/in r/mind r/there r/is r/a r/subreddit r/for r/anything r/that r/is r/specific\n\n\nActive:\n\nFood stand, participating in flea market, donating blood/plasma/eggs, doing real life surveys, provide a service of your specialty, day or micro stock trader, golf caddying, flyer delivery (better on election day), Uber/Lyft (better on holidays), medical study, letgo/facebook marketplace/craigslist gig, photography, focus groups, tutoring, handmade items (just look up DIY projects to make then sell online)\n\nSemi passive:\n\nVending machine, eCommerce, buy existing business, merchandise, laundromat, rent out equipment, etsy or ebay, arcade, swing or position stock trader.\n\nPassive:\n\nInvest in dividend or index stocks, bonds, referral, Adsense, stock photos, online course, software, music, subscriptions, information, Bitcoin mining, way more viable now because last gen (think RX460-80 or GTX1050-80) are cheaper now, credit card churning, private lending, rent space for storage or like a hotel, internet sharing, affiliate marketing, mobile apps.\n\n\n\nPotentially all:\n\nBlog, social media, lead generation.\n\n\n\nSuspicious:\n\nActive: Drug dealer, prostitute.\n\nSemi-passive:\n\nPassive:\n\n\nWhen you make the top 2 spots on a subreddit.', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/', 'i5pxhn', [['u/Wicked_gr3y', 17, '2020-08-08 03:36', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0qv9bi/', 'I like stocks that pay dividends each month. You buy them once and then it’s really passive.', 'i5pxhn'], ['u/smokerswild', 25, '2020-08-08 04:28', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0r0rvb/', 'drug dealing is far from passive or semi passive; you gotta invest in the product, prepare said product, find customers, make the sale, delivering the product, and then the admin side of drug dealing (accounting, ‘payroll’, security, R&D). Probably the most active option out of anything OP mentioned. \n\n“I’m not a businessman, I’m a business, man!”', 'i5pxhn'], ['u/yokotron', 31, '2020-08-08 05:58', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0r9mpw/', 'God, I had vending machines. It was a nightmare. Also, look into insurance and requirements for health stuff. Best day when I got rid of them.', 'i5pxhn'], ['u/Anymeans6', 17, '2020-08-08 07:12', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0rfxpv/', 'Active with high flexibility:\n\nGolf Caddying, working election day for a political campaign ( seriously you can make $100-300 just handing out flyers all day), donating plasma/sperm/eggs/stool, scrap metal, Uber/Lyft/Food Delivery, Tutoring, Focus Groups, photography, handing out flyers, surveys, craigslist gigs, medical research study\n\nPassive: Investing with dividend stocks/index funds, credit card churning, Bitcoin mining, Packet/Internet sharing, rental income/AirBnb, phone-farm, savings bonds', 'i5pxhn'], ['u/Jimboy10', 14, '2020-08-08 13:24', 'https://www.reddit.com/r/passive_income/comments/i5pxhn/can_we_just_make_a_giant_list_of_ideas_i_just/g0s3g3s/', "I'm guessing the fact they need to be restocked on a weekly basis, which includes trips to wholesalers, then individually restocking every machine. All for probably under 3 figures a week per machine.", 'i5pxhn']]], ['u/Belvador', 'Just wanna thank all you guys. You’ve taught me the power of hodling', 101, '2020-08-08 04:13', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/', 'About 4.5 months ago I made a post about how I was making small profits day trading BTC when it was hovering around 9k. Every comment on that post was warning me against it. I took some time and learned a bit more about bitcoin. Looking back, I wish I’d have hodled it. Now I’m at .15 BTC with no plans of selling anytime soon. Btc is the future. Thanks guys', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/', 'i5r3ki', [['u/ElephantGlue', 24, '2020-08-08 04:18', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0qzpho/', '!lntip 1000\n\nSteel hands bro, steel hands..', 'i5r3ki'], ['u/GodGMN', 15, '2020-08-08 04:37', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0r1r33/', "Honestly selling at historical highs and later buy the dip is not a bad idea but it's better to just have steel hands and steel balls and not touch the fuck out of it unless you are ready to buy a house and a lambo and still have enough for your retirement fund", 'i5r3ki'], ['u/Quintall1', 13, '2020-08-08 08:12', 'https://www.reddit.com/r/Bitcoin/comments/i5r3ki/just_wanna_thank_all_you_guys_youve_taught_me_the/g0rkhud/', 'Dude you have 15 MILLION satoshis. Just let that sink in.', 'i5r3ki']]], ['u/SaintFromHell', 'I need some serious help with bitcoin.', 31, '2020-08-08 05:52', 'https://www.reddit.com/r/BitcoinBeginners/comments/i5shmw/i_need_some_serious_help_with_bitcoin/', 'Ok this is a weird situation and may not be something anyone here can help me with but I figure it\'s worth a shot. So basically my father just passed away and has an app on his phone call BTC Block Explorer, the app tells me he had a "SUM BALANCE" of 18.3329982 bitcoins from all the addresses. There\'s over 2000. I have no clue how any of this works, I don\'t understand if this is money he had or if he was mining bitcoin or if this is spent money. I\'ve been reading and reading on bitcoins but none of it is clicking. He doesn\'t have any funds anywhere else on any accounts. I have no idea how I\'d access these funds if they ev... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.59% on Saturday. Reversing a 1.52% fall from Friday, Bitcoin ended the day at $11,764.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,523 before finding support.\nSteering clear of the first major support level at $11,304, Bitcoin rose to a mid-day intraday high $11,796.\nFalling short of the first major resistance level at $11,878, Bitcoin fell back to a low $11,601.\nAvoiding sub-$11,600 levels, Bitcoin moved back through to $11,700 levels to deliver the upside on the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day for the majors on Saturday.\nCardano’s ADA and Tezos led the way, with gains of 5.74% and 9.84% respectively.\nBinance Coin (+2.64%), Ethereum (+4.67%), Litecoin (+2.15%), and Tron’s TRX (+3.19%) also found strong support.\nBitcoin Cash ABC (+1.61%), Bitcoin Cash SV (+1.25%), EOS (+1.89%), Monero’s XMR (+1.08%), Ripple’s XRP (+0.40%), and Stellar’s Lumen (+0.97%) trailed the pack.\nIn the current week, the crypto total market cap rose from a Monday low $322.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $349.48bn.\nBitcoin’s dominance fell to a Tuesday low 61.24% before rising to a Friday high 63.16%. At the time of writing, Bitcoin’s dominance stood at 62.15%.\nAt the time of writing, Bitcoin was down by 0.08% to $11,755. A mixed start to the day saw Bitcoin rise to an early morning high $11,777.1 before falling to a low $11,746.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nCardano’s ADA and Tezos led the way down, with losses of 1.23% and 1.38% respectively.\nBinance Coin (-0.75%), EOS (-0.11%), Litecoin (-0.21%), Monero’s XMR and Stellar’s Lumen (-0.44%) also saw red.\nBitcoin Cash ABC (+0.80%), Bitcoin Cash SV (+0.80%), Ethereum (+0.06%), Ripple’s XRP (+0.09%), and Tron’s TRX (+0.47%) found early support.\nBitcoin would need to avoid a fall through the $11,694 pivot to support a run at the first major resistance level at $11,866.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,796.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,967.\nA fall through the $11,694 pivot level would bring the first major support level at $11,593 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level at $11,421 should limit the downside.\nThisarticlewas originally posted on FX Empire\n• Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion\n• Price of Gold Fundamental Daily Forecast – Better Jobs Report Gives Investors Good Excuse to Book Profits\n• European Equities: A Week in Review – 08/08/20\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Show Signs of Resistance Again\n• The Weekly Wrap – A First Weekly Rise for the Greenback in 7-Weeks…\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 8th, 2020', 'Bitcoin, BTC to USD, rose by 1.59% on Saturday. Reversing a 1.52% fall from Friday, Bitcoin ended the day at $11,764. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,523 before finding support. Steering clear of the first major support level at $11,304, Bitcoin rose to a mid-day intraday high $11,796. Falling short of the first major resistance level at $11,878, Bitcoin fell back to a low $11,601. Avoiding sub-$11,600 levels, Bitcoin moved back through to $11,700 levels to deliver the upside on the day. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Saturday. Cardano’s ADA and Tezos led the way, with gains of 5.74% and 9.84% respectively. Binance Coin (+2.64%), Ethereum (+4.67%), Litecoin (+2.15%), and Tron’s TRX (+3.19%) also found strong support. Bitcoin Cash ABC (+1.61%), Bitcoin Cash SV (+1.25%), EOS (+1.89%), Monero’s XMR (+1.08%), Ripple’s XRP (+0.40%), and Stellar’s Lumen (+0.97%) trailed the pack. In the current week, the crypto total market cap rose from a Monday low $322.88bn to a Thursday high $355.09bn. At the time of writing, the total market cap stood at $349.48bn. Bitcoin’s dominance fell to a Tuesday low 61.24% before rising to a Friday high 63.16%. At the time of writing, Bitcoin’s dominance stood at 62.15%. This Morning At the time of writing, Bitcoin was down by 0.08% to $11,755. A mixed start to the day saw Bitcoin rise to an early morning high $11,777.1 before falling to a low $11,746.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA and Tezos led the way down, with losses of 1.23% and 1.38% respectively. Story continues Binance Coin (-0.75%), EOS (-0.11%), Litecoin (-0.21%), Monero’s XMR and Stellar’s Lumen (-0.44%) also saw red. Bitcoin Cash ABC (+0.80%), Bitcoin Cash SV (+0.80%), Ethereum (+0.06%), Ripple’s XRP (+0.09%), and Tron’s TRX (+0.47%) found early support. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,694 pivot to support a run at the first major resistance level at $11,866. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,796. Barring an extended crypto rally, the first major resistance level and Saturday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,967. A fall through the $11,694 pivot level would bring the first major support level at $11,593 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,400 support levels. The second major support level at $11,421 should limit the downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Weekly Price Forecast – Gold Markets Form Signs of Exhaustion Price of Gold Fundamental Daily Forecast – Better Jobs Report Gives Investors Good Excuse to Book Profits European Equities: A Week in Review – 08/08/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Show Signs of Resistance Again The Weekly Wrap – A First Weekly Rise for the Greenback in 7-Weeks… EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 8th, 2020', 'Evan Shapiro is CEO and co-founder of O(1) Labs , the team behind Coda Protocol , a lightweight chain that affords all participants fully P2P, permissionless access from any device. Who controls Bitcoin? A hint: It\x92s not you. And it\x92s a far cry from the decentralized utopia many claim it to be. Systems of power are rapidly asserting control over Bitcoin. And their incentives are not your incentives. As an industry, we\x92re at a critical juncture, and we have to choose. We either demand that the properties of user ownership and censorship resistance pioneered by Bitcoin persist. Or, we accept the facade of false-decentralization that has been erected by a centralized regime. Our revolution is being stolen, but it\x92s not too late to take it back. Related: Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges First, let\x92s take a look at who controls the Bitcoin blockchain. Sixty-five percent of its hashrate is in one country: China. Globally, about 10 different organizations control 90% of the hashpower. The big pools are all linked together with dedicated networking connections. If I described to you a council of 10 companies dictating the future of a product, and more than half are in China and beholden to a centralized government, would you call that decentralized? No, but that\x92s the state of Bitcoin today. See also: Justin S. Wales \x96 Why Bitcoin Is Protected by the First Amendment Maybe you don\x92t care. Maybe you say, \x93even a 51% attack would be fine by me, because they are still economically aligned in the best interest of the protocol.\x94 You\x92d be very wrong, but you wouldn\x92t be the first person to assume that a centralized power could represent your interests well. There are countless examples in history of misplaced trust in a centralized authority. Some of those authorities were beloved revolutionaries, leaders, countrymen and members of their community. Everyone thought, \x93They love their country, they won\x92t do anything to cause it harm.\x94 Story continues Robert Mugabe, the former dictator of Zimbabwe for 30 years, started his career as a beloved political revolutionary. He was instrumental in gaining independence from colonial rule. At the time, it would have been hard to think of someone who loved his country more. But that was at the beginning, before he amassed centralized authority. He ended his career causing mass starvation and social upheaval because of brutal, misinformed and, ultimately, failed social and monetary policies. Related: Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased The problem is never just a single leader, it\x92s the system in which they are operating. Without checks against centralized power, what remains is to trust it will all be ok. And it never is. So, why would this time be any different? Because Bitcoin is somehow inherently different? Because the person, or people, who created it had revolutionary ideas? Come on. Crypto was supposed to protect us from this, but instead, it\x92s given us new names with the same misaligned incentives. The analog of social and mon Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,158,052,534 - Hash Rate: 130649505.528664 - Transaction Count: 268402.0 - Unique Addresses: 564507.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Preston Byrne, a columnist for CoinDesk’s Opinion section, is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a roundup of pertinent legal topics in the crypto space. It is most definitely not legal advice. Among the libertarians, I am something of an odd duck in that I am not a journalist, yet I have a blue check mark. I am proud of my blue check mark. I’m not sure how I got it. Back in the day, Twitter had a form you could fill in with links to press coverage if you wanted a blue check mark. I did so. One day, months later, a lot of my friends and I in fintech and Crypto Twitter suddenly had blue check marks next to our names. Related: It was great. CoinDesk’s full coverage of the Twitter hack Who was responsible for granting it to me, I do not know. I thank that person, because the day I got that blue check mark ranks right up there with the day I got married or the birth of my firstborn. (Except, I am not married and have no children; it is possible that this state of affairs relates to the inordinate amount of time I spend on Twitter.) If it is related, it was worth it. But apart from that, there are normally few if any downsides. Few, that is, until the Great Blue Checkmark Blackout the other day. For those of you living under a rock, Twitter – or, more probably, an employee of Twitter – had his or her employee login hacked (or deliberately sold) the other day. Following this, a number of well-followed accounts – Elon Musk, Bill Gates, Barack Obama and Joe Biden, to name a few – posted a promise that if Twitter users would send bitcoin to a particular address, the users would get double that amount sent back to them in return. Related: Colorado Is Betting on ETHDenver and Web 3 for Its Next Lottery Games Twitter immediately locked down all of the blue check marks while it responded to the incident. There was much rejoicing. Usually, this scam is carried out by seizing control of the account of a lesser blue check who uses SMS two-factor authentication that points to an actual phone (rather than Google Voice). The lesser blue check gets SIM swapped, following which the attacker changes the user’s profile and display name to that of a famous person (e.g. Elon Musk) and then posts the “send me Bitcoin!” tweet. The famous person’s stans , seeing the “verified” badge and the display name (but not the lesser blue check’s less prominent user handle), promptly comply. Story continues See also: Nic Carter – After the Twitter Hack, We Need a User-Owned Internet More Than Ever In this instance, the fact that (a) these verified accounts had millions of followers and (b) the attack appears to have pulled back the curtain on a “God Mode” moderation tool makes this a story. For those of us who have been around for awhile, there’s nothing new about this scam. What makes it notable is who got hacked, not what the hackers sought to achieve . Twitter responded by prohibiting the posting of cryptocurrency addresses. This is most certainly not “good for Bitcoin.” Twitter is (quite properly) responding to unlawful use of its platform by preventing bad actors from exploiting the platform. But at the same time it is also preventing good actors like Balaji Srinivasan from soliciting bitcoin bounties on the platform. Some responses from the Bitcoin community such as this from Nic Carter , called for a “user-owned internet” and decried the “sheer centralization” on display in this breach. Others, such as Muneeb Ali, said the breach “accelerated us towards a decentralized web by 5 years.” We should be careful not to overplay our hand. To start, the decentralized-ish protocols available for social media today are either clunky (ActivityPub) or un-scalable (in the case of the chains). Also, although centralization was an issue here, it does not follow that decentralization of the platform itself is the solution, as many blockchain promoters past and present claim. (See, for example, Vitalik Buterin pitching Ethereum as an identity solution to Elon Musk; the grownups in the room will be aware that Ethereum, all-singing and all-dancing in its marketing material, doesn’t do everything its stans say it does.) Decentralized solutions don’t operate as a PKI directory, like Keybase, and don’t have the ability to process meatspace ID, e.g., for driver licenses. Smart contracts can’t tell us much other than that someone, somewhere, was granted permission to write to that script. The smart move here by the crypto community is not to overreach and declare the end of the centralized web. Furthermore, there appears to be a much simpler fix. All Twitter, or indeed any social media company needs to do, is design client-side software that authenticates (a) that a user (b) who was verified by the service and (c) was logged into the service and (d) sent a message on the service (e) signed with a key or a device that the user presented to the service when first obtaining their verification. Such functionality would immediately alert a reader to a possible problem with the authenticity of the message. There might be a “green check mark” for messages that are validly signed, and a “red X” for messages that are unsigned. And the appearance of any message should be placed beyond the ability of any employee or moderator to falsify. Even this wouldn’t prevent an attacker who gained control of the device, or knowledge of the keys, from carrying out the “send Bitcoin!” scam. But it would make it considerably harder to pull off than with weak two-factor auth and apparently unlimited moderator power. See also: The Decentralized Web Has Plans, if Not Solutions, for the Misinformation Nightmare Apps like Keybase and Signal have shown that strong cryptography is increasingly accessible to ordinary internet users. Long gone are the days of PGP which, per Mike Hearn , “was so bad terrorists would rather die than use it.” The smart move here by the crypto community is not to overreach and declare the end of the centralized web. It’s to communicate to platforms that we expect client-side digital signatures and encryption in their offerings, so we can safely use online publishing platforms to send the financial communications of the future in a secure way. The alternative is that platforms will ban cryptocurrency addresses. I know which option I prefer. Related Stories Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem View comments... - Reddit Posts (Sample): [['u/AlexDRibeiro', 'Bitcoin endgame', 43, '2020-08-09 00:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/', 'Hi everybody \nI am still getting started in the world of cryptocurrencies, focusing on understanding how bitcoin works. I chose bitcoin because it is the most established cryptocurrency and with the higher chance of becoming a full fledge currency worldwide, being used by everyone (at least that’s what I think at the moment, I might be wrong here)\nI know that the practical limit for bitcoin is 21 million bitcoins and each bitcoin can be divided into 100 million satoshi.\nMy question is, assuming bitcoin takes over as a single global currency and everyone is using it, isn’t the total amount of satoshi too little? I mean, if you split the total amount of bitcoin by everyone in the world, each person receives a relative small amount of bitcoin (I did a rough estimate, and from my estimates, each person would have the equivalent of 30€ in bitcoin)\n\nThanks in advance for dedicating the time to this weird question :)\n\nEDIT: \n\nThank you all for the answers.\nLike it has been said I agree that the main obstacle for bitcoin to become the one currency on a global scale is politics because no one, in this case governments would like to loose control of their money.\n\nWith the increase in market cap and the subdivision of satoshi’s (part that I was unaware of), bitcoin could be used as the global currency because, at the same time, bitcoin would have enough “value” to represent the global economy and would be divisible enough to a reasonable value for cheap stuff like a bottle of water.\n\nThe main technical issue that I see at the moment is the difference to fiat in how bitcoin is stored (hardware wallets) and transferred between two entities (addresses and private keys). For me it is something that I am starting to understand but I think it would be close to impossible for the majority of people that are older / not so tech oriented. I haven’t yet bought bitcoin, just got a bit of exposure to it using Revolut and decided to explore it on a deeper level.\n\nOne other thing that was referred was that subdividing satoshi’s is similar to “printing” money and would lead to inflation. I understand why this is being said, because creating money or dividing the current supply into smaller amounts can be seen as having the same overall effect. I think that the key difference in the division of satoshi’s is that it is not controlled by a central authority. For example if a new base unit that corresponded to 1/100 of a satoshi was created, everyone would be affected equally. When money is being printed by a central bank or government, they are increasing their wealth by making everyone else poorer, since they are increasing the percentage of money they have (note that I am not an economist and this explanation probably is flawed).', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/', 'i68cco', [['u/bitusher', 16, '2020-08-09 00:43', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/g0u1t9l/', '>and each bitcoin can be divided into 100 million satoshi.\n\nEach satoshi can be divided into 1000 parts as well on the Bitcoin lightning network today. Large transactions will be done onchain, most day to day transactions will be done on other layers like\npayment channels , sidechains, statechains that are more divisible than onchain. Already over half my transactions are lightning ones', 'i68cco'], ['u/TurongaFry3000', 13, '2020-08-09 01:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/i68cco/bitcoin_endgame/g0u4yj6/', "21 million BTC split evenly between 7.8 billion people is 0.0023 BTC per person.\n\nThat's 230,000 satoshis. \n\nThe price of Bitcoin is just going to keep going up because Bitcoin is deflationary. \n\nTry to get a whole Bitcoin before you can no longer afford it.", 'i68cco']]], ['u/thomascr9695', 'Thank you Satoshi', 127, '2020-08-09 00:37', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/', "Sometimes it is easy to get lost in the gains we've been making, but lets not forget to thank satoshi. Imagine a world were we had no Bitcoin, how would we have ever been enable to fight the feds actions? The people have a tool to fight back now, this is something we've never had in history. Its time to kill the greed from the people in power.", 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/', 'i68ciu', [['u/Leading_Zeros', 45, '2020-08-09 00:47', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0u2ay9/', 'Satoshi had the best idea any human has ever had. Thank you Satoshi Nakomoto.', 'i68ciu'], ['u/thegrandknight', 11, '2020-08-09 02:00', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0ua1tq/', 'Bitcoin is Occupying wallstreet.', 'i68ciu'], ['u/Mark_Bear', 11, '2020-08-09 02:27', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0ucxht/', "It has freed me, so you're wrong.", 'i68ciu'], ['u/lib3rty47', 34, '2020-08-09 03:11', 'https://www.reddit.com/r/Bitcoin/comments/i68ciu/thank_you_satoshi/g0uhs8e/', 'it just blows my mind how much a polymath satoshi had to be. He understood Computer Sciences, Finance/Economics, History, Global Politics, Human Fear/Greed Psychology and the power of memes.', 'i68ciu']]], ['u/EsquimaltHarbour', 'Who to support?', 15, '2020-08-09 02:54', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/', 'Hi,\n\nI used to watch btcc as a kid in the late nineties, and I thought about restarting now. But I have no idea who is who. Who is interesting/relatable/exciting and therefore with supporting?', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/', 'i6agcq', [['u/Eriugam31', 19, '2020-08-09 03:37', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/g0ukmhj/', "You don't have to support or follow a particular team and or driver. Just enjoy it as a whole, it's one of the few remaining competitive Motorsport series that isn't dominated by one particular team.", 'i6agcq'], ['u/Cyteless', 12, '2020-08-09 11:10', 'https://www.reddit.com/r/btcc/comments/i6agcq/who_to_support/g0vkbgb/', 'Tom Ingram, probably. Single car effort, hard racer, not the best car in the grid so he has to race hard.', 'i6agcq']]], ['u/Brawl97', 'Minds = Changed, A guide to highlander thief priest', 131, '2020-08-09 03:04', 'https://www.reddit.com/r/CompetitiveHS/comments/i6als6/minds_changed_a_guide_to_highlander_thief_priest/', "[I recently got to legend with highlander priest.](https://imgur.com/a/ADtQE6Y) \n\n[Here's the decklist](https://imgur.com/mBN2JAC)\n\nAAECAa0GHh7cAZACyQbTCrCRA4KUA5ibA+ubA/yjA5mpA9qsA4WtA82vA46xA5GxA+O0A5O6A5u6A6+6A/S7A8i+A8jAA7PMA9vMA5zNA8vNA+PRA/vRA6bVAwAA\n\nThings feel pretty good right now. I think priest has legs this expansions.\n\nI am especially happy with the fact that my girl Cabal Shadow Priest is back after being basically irrelevant to priest decks since the first set rotations way back when Naxx was still in standard.\n\nthe record I had going up was 42-20 (68% WR), and a great deal of the reason why that is has to do with a certain undead noble.\n\nKey cards\n\n*Wave of Apathy/Lazul's Scheme: Despite what many, myself included thought, the damage debuffs are standout performers. The ability to knock a board of low to mid damage minions to something manageable is a godsend, and the ability to take a high damage guy and invalidate its existence that turn has saved my life multiple times. That's not even going into the theft package.\n\nIf you have WoA/LS going into a midrange/control matchup, keep em. LS is better to keep because of how much more flexible it is for the theft package.\n\nCabal Acolyte/CSP/Shadow Madness: The theft package is where the first key cards get busted. Strongest of the theft package is the acolyte, because it's cheaper and it taunts. Successfully stealing anything against aggro is backbreaking for them, and against control a damage debuff into this guy causes insta concedes. Apologies to all ctrl warriors, stealing your Rattlegore made me smile like a fiend.\n\nCabal Shadow Priest is slower, and Madness doesn't leave a body, but these two cards also cause a great deal of fits. Madness is generally anti aggro, but if someone drops a tyrion or something, debuff into steal into 0 mana forbidden words does the trick.\n\nHold Acolyte and madness vs aggression, hold acolyte/CSP vs control if you have a debuff.\n\nShadow word Ruin: Another card that I never thought would see the light of day, SW:R is an MVP for its ability to sweep pure pally and big druid into the dumpster. In fact, with warlocks all running flesh golems and Vancleef all-ins being a thing that still happens, it's never been a better time to have AOE big dude clear.\n\nThe Elephant in the room\n\nMindrender Illucia is impossible to overhype. She's the stone cold nuts, without her this deck would almost certainly have 15% worse performance. \n\n[That sounds hyperbolic but the number of games that were just frankly stolen by this broken-ass card boggles the mind. Note that I said stolen, not helped, but actually was the card that instantly ends the other guy's game. She's generally helpful, but she also just ruins games.](http://memes.ucoz.com/_nw/61/02831990.jpg)\n\nGenerally you should try to play her on turn 5 against aggro, turn 8-10 against combo and control. Don't give her away if she has your galakrond or a fully loaded theft package, be reasonable, your deck is hard to dump.\n\nIf your hand is really bad against aggression, just slam her on 3. You probably get a minion out of them, if they're going second, take their coin too.\n\nMatchups\n\nIn General* \n\nNever throw Zeprhys or disciple of galakrond. If you think you can afford to keep Wave of Apathy or Scheme, do so, but only one of those. if you have scheme and acolyte, always k... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Earlier in the Day: It\x92s was a relatively busy start to the day on the economic calendar this morning. The Kiwi Dollar and economic data from China were in focus in the early part of the day. Away from the economic calendar, updates on the U.S stimulus package continued to be an area of focus as the markets also responded to Friday\x92s U.S non-farm payroll numbers. On the geopolitical risk front, rising tension between the U.S and China was also of influence. For the Kiwi Dollar The ANZ Business Confidence Index fell from -34.4 to 42.4 in July. According to the latest ANZ Report , A net 17% of firms expect weaker economic activity in their own business, falling from -8.9% in July. Export intensions fell from -12.7% to -18.50%, with investment intentions falling from -6.7% to -15.1%. Profit expectations weakened from-26.6% to -32.2%, with employment intentions declining from -15.1% to -21.4%. The Kiwi Dollar moved from $0 66029 to $0.66012 upon release of the figures. At the time of writing, the Kiwi Dollar was up by 0.02% to $0.6606. Out of China China\x92s annual rate of inflation picked up from 2.5% to 2.7% in July, coming in ahead of a 2.6% forecast. Month-on-month, consumer prices rose by 0.6%, following a 0.1% decline in June. Economists had forecast a 0.4% rise. Year-on-year, the producer price index fell by 2.4%, following a 3% decline in June. Economists had forecast a 2.5% slide. The Aussie Dollar moved from $0.71620 to $0.71673 upon release of the figures. At the time of writing, the Aussie Dollar was up by 0.15% to $0.7168. Elsewhere At the time of writing, the Japanese Yen was up by 0.13% to ¥105.78 against the U.S Dollar. The Day Ahead: For the EUR It\x92s a quiet day ahead on the economic calendar . There are no material stats to provide the EUR with direction. A lack of stats will leave the EUR in the hands of market risk sentiment on the day. The U.S stimulus package and tensions between the U.S and China will remain key drivers. Story continues At the time of writing, the EUR was up by 0.07% to $1.1795. For the Pound It\x92s also a quiet day ahead on the economic calendar , with no material stats due out to provide direction. Updates on Brexit and market risk sentiment will be the key drivers for the Pound. At the time of writing, the Pound was up by 0.16% to $1.3073. Across the Pond It\x92s a relatively quiet day ahead for the U.S Dollar. Key stats include June\x92s JOLT\x92s job openings. While we will expect some influence from the numbers, chatter from the Oval Office will need monitoring. At the time of writing, the Dollar Spot Index was up by 0.06% to 92.848. For the Loonie After a quiet day ahead, with no material stats to provide the Loonie with direction. Any retaliatory moves by Canada and China against Trump\x92s latest actions would be a test for crude oil and the Loonie. Positive economic data from last week, however, from the U.S and the EU should limit any major downside. At the time of writing, the Loonie was up by 0.07% to C$1.3374 against the U.S Dollar. For a look at all of today\x92s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: The U.S Stimulus Package and U.S \x96 China Tension Puts the Dollar in the Spotlight EOS, Ethereum and Ripple\x92s XRP \x96 Daily Tech Analysis \x96 August 10th, 2020 US Stock Market: Jobs Data Rattles Investors as Money Moves from Growth to Value Stocks President Trump Signs Additional COVID Relief \x96 What To Expect from the Markets Bitcoin and Ripple\x92s XRP Weekly Technical Analysis \x96 August 10th, 2020 AUD/USD and NZD/USD Fundamental Weekly Forecast \x96 RBNZ Aims to Keep Monetary Policy Unchanged', 'It’s was a relatively busy start to the day on theeconomic calendarthis morning. The Kiwi Dollar and economic data from China were in focus in the early part of the day.\nAway from the economic calendar, updates on the U.S stimulus package continued to be an area of focus as the markets also responded to Friday’s U.S non-farm payroll numbers.\nOn the geopolitical risk front, rising tension between the U.S and China was also of influence.\nThe ANZ Business Confidence Index fell from -34.4 to 42.4 in July.\nAccording to the latestANZ Report,\n• A net 17% of firms expect weaker economic activity in their own business, falling from -8.9% in July.\n• Export intensions fell from -12.7% to -18.50%, with investment intentions falling from -6.7% to -15.1%.\n• Profit expectations weakened from-26.6% to -32.2%, with employment intentions declining from -15.1% to -21.4%.\nThe Kiwi Dollar moved from $0 66029 to $0.66012 upon release of the figures. At the time of writing, theKiwi Dollarwas up by 0.02% to $0.6606.\nChina’s annual rate of inflation picked up from 2.5% to 2.7% in July, coming in ahead of a 2.6% forecast. Month-on-month, consumer prices rose by 0.6%, following a 0.1% decline in June. Economists had forecast a 0.4% rise.\nYear-on-year, the producer price index fell by 2.4%, following a 3% decline in June. Economists had forecast a 2.5% slide.\nThe Aussie Dollar moved from $0.71620 to $0.71673 upon release of the figures. At the time of writing, theAussie Dollarwas up by 0.15% to $0.7168.\nAt the time of writing, theJapanese Yenwas up by 0.13% to ¥105.78 against the U.S Dollar.\nIt’s a quiet day ahead on theeconomic calendar. There are no material stats to provide the EUR with direction.\nA lack of stats will leave the EUR in the hands of market risk sentiment on the day. The U.S stimulus package and tensions between the U.S and China will remain key drivers.\nAt the time of writing, theEURwas up by 0.07% to $1.1795.\nIt’s also a quiet day ahead on theeconomic calendar, with no material stats due out to provide direction.\nUpdates on Brexit and market risk sentiment will be the key drivers for the Pound.\nAt the time of writing, thePoundwas up by 0.16% to $1.3073.\nIt’s a relatively quiet day ahead for the U.S Dollar. Key stats include June’s JOLT’s job openings.\nWhile we will expect some influence from the numbers, chatter from the Oval Office will need monitoring.\nAt the time of writing, theDollar Spot Indexwas up by 0.06% to 92.848.\nAfter a quiet day ahead, with no material stats to provide the Loonie with direction.\nAny retaliatory moves by Canada and China against Trump’s latest actions would be a test for crude oil and the Loonie.\nPositive economic data from last week, however, from the U.S and the EU should limit any major downside.\nAt the time of writing, theLooniewas up by 0.07% to C$1.3374 against the U.S Dollar.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• The U.S Stimulus Package and U.S – China Tension Puts the Dollar in the Spotlight\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 10th, 2020\n• US Stock Market: Jobs Data Rattles Investors as Money Moves from Growth to Value Stocks\n• President Trump Signs Additional COVID Relief – What To Expect from the Markets\n• Bitcoin and Ripple’s XRP Weekly Technical Analysis – August 10th, 2020\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – RBNZ Aims to Keep Monetary Policy Unchanged', 'Bitcoin rose by 5.57% in the week ending 9thAugust. Following on from an 11.11% rally from the previous week, Bitcoin ended the week at $11,675.3.\nIt was a bullish week for Bitcoin and the broader market. Bitcoin slipped to a Monday intraweek low $10,943.0 before making a move.\nSteering clear of the first major support level at $9,967, Bitcoin rallied to a Friday intraweek high $11,900.\nFalling short of the week’s first major resistance level at $12,119, Bitcoin fell back to $11,500 levels before finding support.\n5 days in the green that included a 4.93% rally on Wednesday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,506 pivot to support another run the first major resistance level at $12,069 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the current week high $12,060.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Bitcoin could break out from the second major resistance level at $12,463 to target $13,000 levels.\nA fall through the $11,506 pivot would bring the first major support level at $11,112 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 levels and the second major support level at $10,549.\nAt the time of writing, Bitcoin was up by 2.80% to $12,002.0. A bullish start to the week saw Bitcoin rise from an early morning low $11,675.3 to a high $12,060 on Monday.\nBitcoin tested the first major resistance level at $12,069 at the start of the week.\nRipple’s XRP slipped by 0.04% in the week ending 9thAugust. Following the previous week’s 33.50% breakout, Ripple’s XRP ended the week at $0.28781.\nA bullish start to the week saw Ripple’s XRP rally to a Monday intraweek high $0.31950 before hitting reverse.\nFalling short of the first major resistance level at $0.3395, Ripple’s XRP slid to a Friday intraweek low $0.27742.\nSteering well clear of the first major support level at $0.22249, Ripple’s XRP revisited $0.29 levels before slipping back to sub-$0.29 levels and into the red.\n3-days in the red reversed Monday’s 7.68% rally to leave Ripple’s XRP in the red for the week.\nRipple’s XRP would need to avoid a fall through the $0.29491 pivot to support a run at the first major resistance level at $0.31240.\nSupport from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.31 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, 23.6% FIB of $0.3134 and the second major resistance level at $0.33699 could come into play.\nA fall through the $0.29491 pivot would bring the first major support level at $0.27032 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $220,982,218,762 - Hash Rate: 114901504.532898 - Transaction Count: 308367.0 - Unique Addresses: 683507.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s effectively July 2017 in the world of decentralized finance (DeFi), and as in the heady days of the initial coin offering (ICO) boom, the numbers are only trending up. According to DeFi Pulse , there is $1.9 billion in crypto assets locked in DeFi right now. According to the CoinDesk ICO Tracker , the ICO market started chugging past $1 billion in July 2017, just a few months before token sales started getting talked about on TV . Debate juxtaposing these numbers if you like, but what no one can question is this: Crypto users are putting more and more value to work in DeFi applications, driven largely by the introduction of a whole new yield-generating pasture , Compound’s COMP governance token. Related: Ethereum Activity Metric Hits Highest Level for 2 Years Governance tokens enable users to vote on the future of decentralized protocols, sure, but they also present fresh ways for DeFi founders to entice assets onto their platforms. That said, it’s the crypto liquidity providers who are the stars of the present moment. They even have a meme-worthy name: yield farmers. Where it started Ethereum-based credit market Compound started distributing its governance token, COMP, to the protocol’s users this past June 15. Demand for the token (heightened by the way its automatic distribution was structured) kicked off the present craze and moved Compound into the leading position in DeFi . The hot new term in crypto is “yield farming,” a shorthand for clever strategies where putting crypto temporarily at the disposal of some startup’s application earns its owner more cryptocurrency. Related: Market Wrap: As Stocks Rally, Bitcoin Trades Above $9.3K for the First Time in 10 Days Another term floating about is “liquidity mining.” The buzz around these concepts has evolved into a low rumble as more and more people get interested. The casual crypto observer who only pops into the market when activity heats up might be starting to get faint vibes that something is happening right now. Take our word for it: Yield farming is the source of those vibes. Story continues But if all these terms (“DeFi,” “liquidity mining,” “yield farming”) are so much Greek to you, fear not. We’re here to catch you up. We’ll get into all of them. We’re going to go from very basic to more advanced, so feel free to skip ahead. What are tokens? Most CoinDesk readers probably know this, but just in case: Tokens are like the money video-game players earn while fighting monsters, money they can use to buy gear or weapons in the universe of their favorite game. But with blockchains, tokens aren’t limited to only one massively multiplayer online money game. They can be earned in one and used in lots of others. They usually represent either ownership in something (like a piece of a Uniswap liquidity pool, which we will get into later) or access to some service. For example, in the Brave browser, ads can only be bought using basic attention token (BAT). If tokens are worth money, then you can bank with them or at least do things that look very much like banking. Thus: decentralized finance. Tokens proved to be the big use case for Ethereum, the second-biggest blockchain in the world. The term of art here is “ ERC-20 tokens ,” which refers to a software standard that allows token creators to write rules for them. Tokens can be used a few ways. Often, they are used as a form of money within a set of applications. So the idea for Kin was to create a token that web users could spend with each other at such tiny amounts that it would almost feel like they weren’t spending anything; that is, money for the internet. Governance tokens are different. They are not like a token at a video-game arcade, as so many tokens were described in the past. They work more like certificates to serve in an ever-changing legislature in that they give holders the right to vote on changes to a protocol. So on the platform that proved DeFi could fly, MakerDAO, holders of its governance token, MKR, vote almost every week on small changes to parameters that govern how much it costs to borrow and how much savers earn , and so on. Read more: Why DeFi’s Billion-Dollar Milestone Matters One thing all crypto tokens have in common, though, is they are tradable and they have a price. So, if tokens are worth money, then you can bank with them or at least do things that look very much like banking. Thus: decentralized finance. What is DeFi? Fair question. For folks who tuned out for a bit in 2018, we used to call this “open finance.” That construction seems to have faded, though, and “DeFi” is the new lingo. In case that doesn’t jog your memory, DeFi is all the things that let you play with money, and the only identification you need is a crypto wallet. On the normal web, you can’t buy a blender without giving the site owner enough data to learn your whole life history. In DeFi, you can borrow money without anyone even asking for your name. I can explain this but nothing really brings it home like trying one of these applications. If you have an Ethereum wallet that has even $20 worth of crypto in it, go do something on one of these products. Pop over to Uniswap and buy yourself some FUN (a token for gambling apps) or WBTC (wrapped bitcoin). Go to MakerDAO and create $5 worth of DAI (a stablecoin that tends to be worth $1) out of the digital ether. Go to Compound and borrow $10 in USDC. (Notice the very small amounts I’m suggesting. The old crypto saying “don’t put in more than you can afford to lose” goes double for DeFi. This stuff is uber-complex and a lot can go wrong. These may be “savings” products but they’re not for your retirement savings.) Immature and experimental though it may be, the technology’s implications are staggering. On the normal web, you can’t buy a blender without giving the site owner enough data to learn your whole life history. In DeFi, you can borrow money without anyone even asking for your name. DeFi applications don’t worry about trusting you because they have the collateral you put up to back your debt (on Compound, for instance, a $10 debt will require around $20 in collateral). Read more: There Are More DAI on Compound Now Than There Are DAI in the World If you do take this advice and try something, note that you can swap all these things back as soon as you’ve taken them out. Open the loan and close it 10 minutes later. It’s fine. Fair warning: It might cost you a tiny bit in fees, and the cost of using Ethereum itself right now is much higher than usual , in part due to this fresh new activity. But it’s nothing that should ruin a crypto user. So what’s the point of borrowing for people who already have the money? Most people do it for some kind of trade. The most obvious example, to short a token (the act of profiting if its price falls). It’s also good for someone who wants to hold onto a token but still play the market. Doesn’t running a bank take a lot of money up front? It does, and in DeFi that money is largely provided by strangers on the internet. That’s why the startups behind these decentralized banking applications come up with clever ways to attract HODLers with idle assets. Liquidity is the chief concern of all these different products. That is: How much money do they have locked in their smart contracts? “In some types of products, the product experience gets much better if you have liquidity. Instead of borrowing from VCs or debt investors, you borrow from your users,” said Electric Capital managing partner Avichal Garg. Let’s take Uniswap as an example. Uniswap is an “automated market maker,” or AMM (another DeFi term of art). This means Uniswap is a robot on the internet that is always willing to buy and it’s also always willing to sell any cryptocurrency for which it has a market. On Uniswap, there is at least one market pair for almost any token on Ethereum. Behind the scenes, this means Uniswap can make it look like it is making a direct trade for any two tokens, which makes it easy for users, but it’s all built around pools of two tokens. And all these market pairs work better with bigger pools. Why do I keep hearing about ‘pools’? To illustrate why more money helps, let’s break down how Uniswap works. Let’s say there was a market for USDC and DAI. These are two tokens (both stablecoins but with different mechanisms for retaining their value) that are meant to be worth $1 each all the time, and that generally tends to be true for both. The price Uniswap shows for each token in any pooled market pair is based on the balance of each in the pool. So, simplifying this a lot for illustration’s sake, if someone were to set up a USDC/DAI pool, they should deposit equal amounts of both. In a pool with only 2 USDC and 2 DAI it would offer a price of 1 USDC for 1 DAI. But then imagine that someone put in 1 DAI and took out 1 USDC. Then the pool would have 1 USDC and 3 DAI. The pool would be very out of whack. A savvy investor could make an easy $0.50 profit by putting in 1 USDC and receiving 1.5 DAI. That’s a 50% arbitrage profit, and that’s the problem with limited liquidity. (Incidentally, this is why Uniswap’s prices tend to be accurate, because traders watch it for small discrepancies from the wider market and trade them away for arbitrage profits very quickly.) Read more: Uniswap V2 Launches With More Token-Swap Pairs, Oracle Service, Flash Loans However, if there were 500,000 USDC and 500,000 DAI in the pool, a trade of 1 DAI for 1 USDC would have a negligible impact on the relative price. That’s why liquidity is helpful. You can stick your assets on Compound and earn a little yield. But that’s not very creative. Users who look for angles to maximize that yield: those are the yield farmers. Similar effects hold across DeFi, so markets want more liquidity. Uniswap solves this by charging a tiny fee on every trade. It does this by shaving off a little bit from each trade and leaving that in the pool (so one DAI would actually trade for 0.997 ... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027 TOKYO, JAPAN - Media OutReach - 11 August 2020 - Japan\'s largest digital gift card marketplace " Amaten " has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions to create "win-win" situation for both consumers and shops, shooting to a resounding growth in recent years. Today, Amaten has set up its first overseas operations in Dubai, UAE. Since 2019, the gift card market generated profits worth $617 billion, this number is projected to reach a revised size of $2.7 Trillion by 2027 as demand for going cashless is accelerating during the Covid-19 era. It is a market that is rarely talked about yet, its current technology is completely obsolete into today\'s digital world. Retailers increasingly refer to adoption of digital gift cards, yet they struggle with technical errors that make their cards easily compromised to be used multiple times, causing financial losses, in addition to more common issues, where gift cards have limited purchasing options and tight expiry dates. This is where Amaten comes to the rescue, the massive success the fintech company has brought in Japan comes from the revolutionary makeovers that it created in digital gift card industry. At first glance, Amaten is engineering their digital gift cards with blockchain integration. It is taking the gift card and putting on a smart contract making it truly digital thus, illuminating all the structural short coming of the current technology. This provides a great advantage for merchants and consumers from security standpoint, as they\'ll be able to trace gift cards ensuring that it\'s not compromised, as Blockchain will ensure highest level of data encryption. This advanced integration makes Amaten the most secure gift card issuer on the internet, thus tackling the "Gift Card Error" issue that is commonly seen among other suppliers. A long-awaited paradigm shift in this fintech industry. Story continues Apart from accepting gift card purchases using cash, Amaten was among the first marketplaces worldwide to accept Bitcoin. Conversely, users can redeem unwanted gift cards to cash, hence tackling the issue of unused cards that counts $1 Billion in losses globally every year. The Amaten platform currently list the top 25 global merchants gift cards, the likes of Amazon, Apple, Rakuten and Google within the Japanese market. Soon, Amaten will allow any merchant to issue gift cards, thus encouraging buyers to purchase them for potential shopping in the foreseeable future, thus keeping businesses under financial support during slow economic activity. The inspiration for Amaten\'s innovation comes from one of Japan\'s IT industry leaders, Mr. Tom Kanazawa, who played a major role to backing and funding IT ventures in Japan since 1998, he is currently the Chairman of Amaten. Commenting on the opportunities that Amaten has for investors, Mr. Tom Kanazawa said "Amaten has the potential of becoming a monopolistic enterprise and change the gift card for good, because we are solving the last mile problem between cash and the legacy gift card, Until recently, it was deemed impossible for the industry to reinvent itself, but as for Amaten, using our blockchain solution built on Aelf, we tackled those structural issues and will ensure a seamless experience for our users and merchants, finally building a true fintech digital product and expanding the industry and its market \'size even further. This is a true use case for blockchain technology that can be applied right away!" Mr. Kanazawa added, "We also have seen quite some interest for white label solutions that can be provided to hotel chains for example or enterprise incentive programs to create a truly digital and seamless ecosystem. We invite everyone interested in AMA to join our telegram channel , or to visit our website amaten.io, me and the team will be happy to cater to your questions and we\'ll be here to help!".', 'Leading Japan with 60% market share, Amaten to become the next Amazon in the gift card industry, estimated to reach $2.7 Trillion in value by 2027 TOKYO, JAPAN - Media OutReach - 11 August 2020 - Japan\'s largest digital gift card marketplace " Amaten " has announced plans to globalize its brand across the world, after record sale that reached $100 million USD. The company has reinvented the digital gift card solutions to create "win-win" situation for both consumers and shops, shooting to a resounding growth in recent years. Today, Amaten has set up its first overseas operations in Dubai, UAE. Since 2019, the gift card market generated profits worth $617 billion, this number is projected to reach a revised size of $2.7 Trillion by 2027 as demand for going cashless is accelerating during the Covid-19 era. It is a market that is rarely talked about yet, its current technology is completely obsolete into today\'s digital world. Retailers increasingly refer to adoption of digital gift cards, yet they struggle with technical errors that make their cards easily compromised to be used multiple times, causing financial losses, in addition to more common issues, where gift cards have limited purchasing options and tight expiry dates. This is where Amaten comes to the rescue, the massive success the fintech company has brought in Japan comes from the revolutionary makeovers that it created in digital gift card industry. At first glance, Amaten is engineering their digital gift cards with blockchain integration. It is taking the gift card and putting on a smart contract making it truly digital thus, illuminating all the structural short coming of the current technology. This provides a great advantage for merchants and consumers from security standpoint, as they\'ll be able to trace gift cards ensuring that it\'s not compromised, as Blockchain will ensure highest level of data encryption. This advanced integration makes Amaten the most secure gift card issuer on the internet, thus tackling the "Gift Card Error" issue that is commonly seen among other suppliers. A long-awaited paradigm shift in this fintech industry. Story continues Apart from accepting gift card purchases using cash, Amaten was among the first marketplaces worldwide to accept Bitcoin. Conversely, users can redeem unwanted gift cards to cash, hence tackling the issue of unused cards that counts $1 Billion in losses globally every year. The Amaten platform currently list the top 25 global merchants gift cards, the likes of Amazon, Apple, Rakuten and Google within the Japanese market. Soon, Amaten will allow any merchant to issue gift cards, thus encouraging buyers to purchase them for potential shopping in the foreseeable future, thus keeping businesses under financial support during slow economic activity. The inspiration for Amaten\'s innovation comes from one of Japan\'s IT industry leaders, Mr. Tom Kanazawa, who played a major role to backing and funding IT ventures in Japan since 1998, he is currently the Chairman of Amaten. Commenting on the opportunities that Amaten has for investors, Mr. Tom Kanazawa said "Amaten has the potential of becoming a monopolistic enterprise and change the gift card for good, because we are solving the last mile problem between cash and the legacy gift card, Until recently, it was deemed impossible for the industry to reinvent itself, but as for Amaten, using our blockchain solution built on Aelf, we tackled those structural issues and will ensure a seamless experience for our users and merchants, finally building a true fintech digital product and expanding the industry and its market \'size even further. This is a true use case for blockchain technology that can be applied right away!" Mr. Kanazawa added, "We also have seen quite some interest for white label solutions that can be provided to hotel chains for example or enterprise incentive programs to create a truly digital and seamless ecosystem. We invite everyone interested in AMA to join our telegram channel , or to visit our website amaten.io, me and the team will be happy to cater to your questions and we\'ll be here to help!".', "Apple Inc(NASDAQ:AAPL) Chief Executive Officer Tim Cook is now a billionaire\xa0— thanks to the near $2 trillion market cap Apple is enjoying, BloombergreportedTuesday.\nWhat Happened\nCook’s wealth has exceeded the $1 billion mark, according to the calculations done by Bloomberg Billionaires Index.\nApple shares have risen nearly 5% in the\xa0last week and almost 54% year-to-date, with the company’s market capitalization approaching $2 trillion.\nThe Cupertino-based tech giant was valued at $350 billion at the time its co-founder Steve Jobs died in 2011.\nWhy It Matters\nThe rise in Cook’s wealth and Apple’s value mirrors the growth of the so-called FAANG stocks, an acronym that refers toFacebook Inc(NASDAQ:FB),Amazon.com, Inc(NASDAQ:AMZN), Apple,Netflix Inc(NASDAQ:NFLX) andAlphabet Inc(NASDAQ:GOOGL) (NASDAQ:GOOG), formerly known as Google, Bloomberg noted.\nUnlike Facebook CEO Mark Zuckerberg\xa0and other tech titan founders\xa0— such asTesla Inc's(NASDAQ:TSLA)\xa0Elon Musk\xa0— who own significant chunks of their companies, Cook’s ownership of Apple shares has been incremental and a part of equity awards.\nCook reportedly said he plans to give most of his fortune to charity and has already donated shares to the tune of millions of dollars.\nAmazon CEO Jeff Bezos, therichest person on the planet, sold $3 billion worth of Amazon shares this month after having sold $4.1 billion worth of shares in January and February this year, under a pre-planned arrangement.\nPrice Action\nApple shares closed 1.45% higher at $450.91 on Monday and fell 0.22% in the after-hours session.\nSee more from Benzinga\n• Amazon Asks Podcasters To Stream On Its Platforms, But Conte Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $220,982,218,762 - Hash Rate: 129741892.842126 - Transaction Count: 349952.0 - Unique Addresses: 744212.0 Social & AI Sentiment: - Fear & Greed Index: 0.84 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- A security incident involving some of the most prominent business and political leaders on Twitter duped people into sending at least $120,000 worth of Bitcoin to an anonymous online wallet, and more than half of that total has already been spirited to other accounts, according to a Bitcoin-tracing company. The person or people behind the scam gained access to the Twitter accounts of executives including Amazon.com Inc. Chief Executive Officer Jeff Bezos and Tesla Inc. Founder Elon Musk, asking users to direct Bitcoin to one of three different accounts, said Tom Robinson, co-founder of Elliptic, which has helped law-enforcement agencies track Bitcoin-related crime. About $65,000 of the $120,000 collected from duped users has moved to other Bitcoin addresses, one of which has been active in the past and has transacted with a U.S. exchange, Robinson said. That money trail could prove useful to investigators in this case, since U.S. exchanges typically go through vigorous verification of user identities, and would probably have information on which name the account is registered under. About half of the funds the hackers acquired came from users in the U.S., a quarter from Europe and the remainder from Asia, Robinson said. Read more: Twitter Hack Snags Obama, Biden, Gates Accounts in Bitcoin Scam Discovering the perpetrators could still take time and prove challenging. “It depends on what they do next, it depends on how they try to cash out,” Robinson said. If they try to use a regulated exchange in the U.S., finding them will be easy. But if they try to cash out through one of the hundreds of small, unregulated exchanges, that could be harder, he said. “They are obviously sophisticated in that they didn’t send these funds directly to an exchange to cash out,” Robinson said. While Bitcoin is supposed to be difficult to track, a number of tracing firms have sprung up to help law enforcement. Exchanges and other providers have begun collecting more information on their customers. So law-enforcement agencies have been able to track stolen Bitcoins many times in the past. Aside from prominent political and business leaders, the attacks also affected many crypto companies like the Gemini exchange. The accounts promised to double the amount of money sent to their Bitcoin address. Coinbase Inc., the largest U.S. crypto exchange, has begun blocking its users’ payments sent to the hackers’ accounts. “We are essentially blacklisting addresses as we see them posted in the scam tweets,” said Elliott Suthers, a spokesman for Coinbase. Gemini also blocked the attackers’ accounts, according to a Gemini spokesperson. Already, as news of the scheme began making headlines, the rate of payments sent to the scam address has slowed down, Robinson said. “I don’t think they’ll be able to raise much more, to be honest,” he said. Bitcoin is an attractive target for scammers because it can be used worldwide. While Bitcoin’s price dropped at the beginning of the Covid-19 pandemic, it has since recovered, and is up roughly 30% since the beginning of the year. For more articles like this, please visit us atbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.... - Reddit Posts (Sample): [['u/curryfanta', "I'll bet anything that BTC will be 100K by the end of 2022.", 65, '2020-08-11 00:55', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/', "Back in 2018 I posted a prediction that BTC would go down to $3200. When it happened, it was a pleasant surprise and I quickly told as many people as I could to get into BTC. Of course, very few of them did. My crypto brothers and sisters, it's still not too late to get in early - I'm all in and holding strong until BTC hits 100K. I'm so confident in this prediction that I'm willing to wager anything on this bet. What do you think is the most profitable way to bet on this prediction? I'll follow through on the best comment and provide API access to monitor the trade(s).\n\nMy prediction: [https://www.tradingview.com/chart/BTCUSD/z9dJ8zxb-BTC-long-term-bear-prediction/](https://www.tradingview.com/chart/BTCUSD/z9dJ8zxb-BTC-long-term-bear-prediction/)", 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/', 'i7fqm4', [['u/RFV1985', 56, '2020-08-11 01:14', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11nj75/', 'You’re holding until it hits $100k? Why? For bitcoin to merely match the market cap of gold, it would have to be at least $500k. Bitcoin’s market cap will eventually exceed that of gold - that I feel very confident of.\n\nI can’t even fathom the idea of selling bitcoin before 2030.', 'i7fqm4'], ['u/samuarichucknorris', 13, '2020-08-11 01:58', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11sckl/', "I agree. For me it's still extremely risky, but the reward is huge. I'm seriously considering more or less doubling my current holdings and at this point that would make me a multi coiner.\n\nTo think in 10 years a total investment of less than 20K can yield a value of over a million dollars. For me though, if it were even in that universe.. I'd hold until I wanted to retire. So.... somewhere between 15 and 20 years from now.", 'i7fqm4'], ['u/veganic11', 10, '2020-08-11 02:21', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11utxq/', "Why have a date in mind to sell. Wouldn't it be wiser to sell as needed when it reaches your goal price?", 'i7fqm4'], ['u/m9299', 10, '2020-08-11 02:27', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11vhus/', "Just say you'll eat your own dick live on TV.", 'i7fqm4'], ['u/chatonnu', 18, '2020-08-11 02:33', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11w3y6/', 'You can buy a March 26, 2021 call with a strike price of $36,000 for the low, low price of $434 right now. \n\n[https://www.deribit.com/main#/options?tab=BTC-26MAR21](https://www.deribit.com/main#/options?tab=BTC-26MAR21)', 'i7fqm4'], ['u/curryfanta', 10, '2020-08-11 02:41', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11x0mg/', "At 100-120K I'm 100% selling all my BTC and rebuying the dips. Also, I'm cashing out a portion to diversify.", 'i7fqm4'], ['u/RFV1985', 13, '2020-08-11 02:48', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11xs6r/', 'You’re assuming you’ll be able to identify the peaks and the real dips that follow. Newsflash - you won’t. Hindsight is 20/20. How many billionaires do you know that made their wealth purely on timing the market?\n\nTime in the market > Timing the market', 'i7fqm4'], ['u/RFV1985', 14, '2020-08-11 02:57', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g11yo8r/', 'It doesn’t mean I’ll sell in 2030. But I truly believe any young investor thinking of selling before then is really short sighted.\n\nThe reason you don’t see bitcoin billionaires today who bought at <$1 is greed and shortsightedness.\n\nIf you truly believe in the value of bitcoin and what it will bring for the future, you wouldn’t worry about daily price fluctuations like so many on this sub do.\n\nBitcoin could drop 50% tomorrow and I could not care less about the negative impact it would bring to my net worth. I just keep on buying because I understand it’s utility. I don’t care if I’m buying at $12k or $6k just as long as I keep on buying.\n\nI have not sold a single satoshi since investing in bitcoin. If every investor thought like me, we’d be at the moon by now and I still wouldn’t sell.', 'i7fqm4'], ['u/RFV1985', 12, '2020-08-11 03:37', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g122xm7/', 'So you’re saying you can accurately predict BTC price movements?\n\nIf you are correct, then there’s nothing stopping you from leveraging margin to become a multi billionaire within a few years time.', 'i7fqm4'], ['u/punto-', 12, '2020-08-11 05:09', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g12clp5/', "I'll sell you some btc at half that price right now", 'i7fqm4'], ['u/samuarichucknorris', 11, '2020-08-11 06:25', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g12jnol/', 'Well yeah.... but that magnitude of returns is no longer possible really. That would put the market cap of BTC out of this universe.', 'i7fqm4'], ['u/krokodilmannchen', 16, '2020-08-11 13:27', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g13bc7v/', 'I bet you 0.1 ETH it will be below $100k by the end of 2022.', 'i7fqm4'], ['u/jumnhy', 11, '2020-08-11 14:48', 'https://www.reddit.com/r/Bitcoin/comments/i7fqm4/ill_bet_anything_that_btc_will_be_100k_by_the_end/g13hqic/', 'This is. Check out Augur.', 'i7fqm4']]], ['u/alive_consequence', 'Monero GUI and CLI mnemonic backups appreciation time', 43, '2020-08-11 01:36', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/', "Recently I was researching a little bit about how mnemonic backups work, and found [this](https://bitcointalk.org/index.php?topic=5164527.msg51815560#msg51815560) great explanation for Bitcoin's case, which also looks like a nightmare scenario, since long story short: Bitcoin Core doesn't support mnemonics and basically you are stuck with storing your wallet.dat binary, hoping for not losing it or it getting corrupted.\n\nBy contrast, both Monero Core wallets (GUI and CLI) support mnemonic backups and are compatible between each other (I just tested this to be sure, and was delighted to find this true, plus seeing how slicker the GUI looks now after quite some time without trying it out).\n\nYeah, you could use Electrum or some other wallet for mnemonic backups in Bitcoin, but it is just not the same level of security as using a Core wallet.\n\nSo I just wanted to take some time to highlight how much I appreciate this Monero feature.\n\nWhat do you think? Am I hyping Monero's native mnemonic backups too much because I'm missing something? Or do you also think that this feature is underrated?\n\nEdit: Just fixed the link format.", 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/', 'i7ggul', [['u/hohhle', 11, '2020-08-11 05:29', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12ejts/', 'Underrated.', 'i7ggul'], ['u/AvailableSeaweed8', 13, '2020-08-11 05:32', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12eua0/', "> Am I hyping Monero's native mnemonic backups too much \n\nthe reality is that Bitcoin Core wallet is a bad wallet", 'i7ggul'], ['u/gingeropolous', 11, '2020-08-11 05:43', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12fw4d/', "> What do you think? Am I hyping Monero's native mnemonic backups too much because I'm missing something? Or do you also think that this feature is underrated?\n\nThe monero core software, overall, is underrated. I've tried doing the whole bitcoin thing... and it might have been because I learned monero first that I just didn't get the bitcoin setup... but damn. I was not ready for how annoying the bitcoin core software was to use. Granted, I think it might be simply too high level for me... i consider myself computer savvy, but not a l33t hax0r. Bitcoin core made a lot of assumptions that I was just not ready for as a user. \n\nbut yes. mnemonic backups ftw.", 'i7ggul'], ['u/SamsungGalaxyPlayer', 19, '2020-08-11 06:16', 'https://www.reddit.com/r/Monero/comments/i7ggul/monero_gui_and_cli_mnemonic_backups_appreciation/g12iyeh/', 'Another super underrated thing: the separation of the wallet and the daemon.', 'i7ggul']]], ['u/zaracap', 'Ceretropic Reseller Cuerpoymente – Fantastic Experience', 52, '2020-08-11 03:24', 'https://www.reddit.com/r/Nootropics/comments/i7ia57/ceretropic_reseller_cuerpoymente_fantastic/', 'Only a few month ago, I never thought I would see a Ceretropic product again... but then I heard that people were using reshippers to get product from affiliates in Mexico. At first, I thought that was too much work no matter how bad I wanted it. You had to find a seller, find a reshipper, register an account, link those up, and so on. But then I found Cuerpoymente, which not only resells Ceretropic (and other) product, but takes care of the reshipping process for you! Now this I had to investigate…\n\nI purchased [five vials of adamax](https://imgur.com/a/JJcFuku), which is a modified version of N-acetyl semax, and DAMN it is just as good as I remember. Since there are already reports on adamax, and Ceretropic is pretty much legendary around here at this point, I will not get into it much more. I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017.\n• Ruling at the state’s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to acourt documentfiled on Monday.\n• Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on theBitcoin Gold hard fork.\n• Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a “major security risk,” per the filing.\n• Archer also alleged Coinbase had retained control over thebitcoin gold(BTG) cryptocurrency resulting from the fork for its own benefit during that time.\n• In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency.\n• In the case of bitcoin gold,bitcoinwas forked, creating BTG tokens equal in number to those owned by holders on the original chain.\n• While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms.\n• Archer – who held 350 bitcoin on Coinbase at the time of the fork – followed up his original complaint with an amendment alleging Coinbase’s “failure and refusal” to pass on the BTG represented breach of contract, negligence andconversion(a civil law version of theft).\n• On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork.\n• The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork.\n• To rule otherwise would place the “duty” on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia.\n• For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer’s claim based on the “economic loss rule,” which the court held ruled out liability for negligence based on contractual obligations.\n• The appeals court has now upheld the original ruling that Coinbase’s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties.\n• Carlton Fields attorney Andrew Hinks commented in aTwitterthread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property.\nAlso read:Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit', 'A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017.\n• Ruling at the state’s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to acourt documentfiled on Monday.\n• Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on theBitcoin Gold hard fork.\n• Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a “major security risk,” per the filing.\n• Archer also alleged Coinbase had retained control over thebitcoin gold(BTG) cryptocurrency resulting from the fork for its own benefit during that time.\n• In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency.\n• In the case of bitcoin gold,bitcoinwas forked, creating BTG tokens equal in number to those owned by holders on the original chain.\n• While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms.\n• Archer – who held 350 bitcoin on Coinbase at the time of the fork – followed up his original complaint with an amendment alleging Coinbase’s “failure and refusal” to pass on the BTG represented breach of contract, negligence andconversion(a civil law version of theft).\n• On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork.\n• The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork.\n• To rule otherwise would place the “duty” on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia.\n• For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer’s claim based on the “economic loss rule,” which the court held ruled out liability for negligence based on contractual obligations.\n• The appeals court has now upheld the original ruling that Coinbase’s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties.\n• Carlton Fields attorney Andrew Hinks commented in aTwitterthread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property.\nAlso read:Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified ‘Decisions’\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit\n• Appeals Court Backs Coinbase in Bitcoin Gold Fork ‘Breach of Contract’ Lawsuit', 'A California appeals court has ruled in favor of U.S cryptocurrency exchange Coinbase over its decision not to support the Bitcoin Gold hard fork in 2017. Ruling at the state\x92s First Appellate Court (Division One), Judge Ethan P. Schulman agreed with the summary judgment of a prior trial court that was decided in favor of Coinbase, according to a court document filed on Monday. Plaintiff Darrell Archer first filed the lawsuit against Coinbase on March 27, 2018, alleging the exchange had violated its contract agreement with users over its stance on the Bitcoin Gold hard fork . Coinbase told users it would not support the fork because the project would not release its code to the public and that, as such, it was considered a \x93major security risk,\x94 per the filing. Archer also alleged Coinbase had retained control over the bitcoin gold (BTG) cryptocurrency resulting from the fork for its own benefit during that time. In a hard fork of this nature, a blockchain is split off to form a new chain (sometimes with new features) and a new cryptocurrency. In the case of bitcoin gold, bitcoin was forked, creating BTG tokens equal in number to those owned by holders on the original chain. While investors are automatically awarded their new duplicate holdings if they held their bitcoin in their own blockchain wallets, exchanges decide whether to support the fork and pass new coins onto customers holding assets on their platforms. Archer \x96 who held 350 bitcoin on Coinbase at the time of the fork \x96 followed up his original complaint with an amendment alleging Coinbase\x92s \x93failure and refusal\x94 to pass on the BTG represented breach of contract, negligence and conversion (a civil law version of theft). On the breach of contract claim, the trial court concluded that Archer had failed to establish the existence of an agreement by Coinbase to provide bitcoin gold to him following the fork. The conversion claim failed because the existing agreement did not grant the rights for Archer to the new coins, and did not require Coinbase to support the bitcoin gold fork. To rule otherwise would place the \x93duty\x94 on exchanges of having to support all bitcoin forks, the judge said, quoting a similar ruling in the state of Georgia. For the third cause of action, negligence on behalf of Coinbase, the trial court had rejected Archer\x92s claim based on the \x93 economic loss rule ,\x94 which the court held ruled out liability for negligence based on contractual obligations. The appeals court has now upheld the original ruling that Coinbase\x92s agreement with Archer contained no part requiring Coinbase to provide services for cryptocurrencies from third parties. Carlton Fields attorney Andrew Hinks commented in a Twitter thread late on Tuesday that the case may establish precedent and has implications over the future definition of cryptocurrency as property. Story continues Also read: Coinbase Exits Industry Lobbying Group in Protest Over Recent Unspecified \x91Decisions\x92 Related Stories Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x92 Lawsuit Appeals Court Backs Coinbase in Bitcoin Gold Fork \x91Breach of Contract\x Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,275,069,362 - Hash Rate: 132269332.313077 - Transaction Count: 346405.0 - Unique Addresses: 733894.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Over the past two years, many bitcoin believers donated cryptocurrency to initiatives inVenezuela, often holding up the small nation as the pinnacle example of the technology’s potential. The truth on the ground is much more nuanced. The fintech startupAirTMdistributed roughly$300,000 worthof cryptocurrencydonationsto 60,829 ID-verified Venezuelan e-wallets throughout 2019. The donated crypto came from entities likeGiveCrypto, theElectric Coin Companyand the artistCryptograffiti. Related:Ethereum and EOSIO Square Up Over Enterprise Blockchain Business in Latin America “To incentivize donations, the largest donor did receive a piece of the mural,” Cryptograffiti told CoinDesk, describing thecrowdfunded mural project. Read more:Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit The muralist’s crowdfunding campaign made up the bulk ofbitcoin(BTC) donations, which in total represented less than 12% of funds donated to AirTM’s Venezuelan users. The bulk of donations were assets such asbitcoin cash(BCH),zcash(ZEC) anddai(DAI) and amounted to roughly $5 per donation. AirTM’s data shows few users chose to withdraw the crypto donations, opting instead to keep it inside the AirTM system. According to an AirTM user survey, only 57% of recipients engaged with the funds. For some, even converting crypto to AirTM credits (AirUSD) inside a custodial user account was too much hassle. Related:Brazil's Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction For those who did access the funds, more than 2,000 Venezuelans said it was helpful for buying food. (You can see thefull survey results here.) They typically did this by using AirTM to cash out bolivars as needed, using the digital wallet provider like a bank. Others used it as savings. “So far I only use this crypto in AirTM,” one such user, Neysa Hurtado, said in an interview. Read more:Crypto Exchange AirTM Targets Troubled Markets With $7 Million Raise Even bitcoiners like freelance engineer Geraldo Meneses, who does hold a small amount of crypto in his own wallet, preferred to use most of the donated crypto as AirTM credits. “Bitcoin is a way to charge for my work,” Meneses said via WhatsApp. “AirTM is my exchange platform and personal bank.” Meneses said he used the extra bitcoin from this charity campaign to buy medicine for his mother, which was expensive and had to be shipped from abroad. Before the coronavirus crisis, he said it was possible to ship medicine from Europe within roughly two weeks, but now it can take up to a month. So having the capital to order in advance is important. “Many people are looking for ways to exchange dollars and cryptocurrencies,” he said. “The most cunning [exchangers] try to defraud innocent people.” This was the benefit AirTM offered. Customers trusted the platform and knew how to use it, although few know how to operate zcash or bitcoin wallets. One new AirTM user, attorney Michael Barráez, said this was his first time learning about cryptocurrency. He said he might buy some bitcoin to hold for himself, as savings. Read more:Brazil’s Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction “When democracy is back and the U.S. sanctions are over, our economy will flourish again,” Barráez said. Even if users have the skills to use cryptocurrency, some of them still prefer to manage most of their money with the option for recourse that a company provides. Others don’t want to hold a highly volatile asset at all. “I could see that the money [AirUSD] did not devalue,” first-time crypto user Jannet García de Rivas, an experienced engineer who works in the tech industry, said about why he converted the crypto donation. If Venezuela offers an example of bitcoin usage, then it appears there is user demand for bitcoin-friendly services provided by a regular fintech company. In short, people trust the service provider, even if they may occasionally choose to hold a small amount of bitcoin themselves. The service provider makes it easier for them to transact with bitcoin across borders or liquidate it. Other users, with specific needs, require lots of planning and preparation in order to use bitcoin directly and be their own proverbial banker. “There is still so much work to be done in order to have bitcoin adoption in the region,” Cryptograffiti said. “For example, we had a random selection of refugees participate who just happened to be in the area, many of whom didn’t even have email addresses. In order to be the most effective, we could have tried to target a particular subset ahead of time.” • A Rare Glimpse Into How Crypto Is Really Used in Venezuela • A Rare Glimpse Into How Crypto Is Really Used in Venezuela... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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, CHINA / ACCESSWIRE / August 12, 2020 /A blockchain-based project,DUCATOdubbed DeFi 2.0 is fine-tuning the narrative of the DeFi ecosystem with its innovative hybrid financial product that co, mbines the capabilities of a decentralized and centralized financial protocol to create deep liquidity, a user-centric platform and improves scalability in delivering a tailor-made financial lending product.\nThe cutting-edge innovation designed by DUCATO is coming at a time when DeFi is fast becoming a buzzword in and out of the cryptocurrency industry. With a booming industry sector comes a couple of challenges, DUCATO is assembling a suite of products that solves a wide range of challenges rocking the DeFi ecosystem.\nAt the time of writing, DeFi related activities were at a record high with over $4.43 billionlocked in the protocol, with MakerDAO sitting at a staggering 31% dominance. Interestingly, the top 5 DeFi platforms account for an astonishing 82% of the locked value while the majority of the protocol is caught in the web of low liquidity.\nFrom a broader overview, the protocol has suffered slow settlement time due to over-reliance on the Ethereum network. The Ether token accounts for over 98% of total assets locked in the protocol, which amount to a relatively slow transaction time and extreme fees whenever the Ethereum network suffers high congestion.\nDUCATO Hybrid Protocol Mitigates These Impending Challenges\nTheDUCATO innovative DeFi protocolwill be entirely decentralized with a pluggable centralized protocol that allows the platform to dip into the traditional market, thereby servicing the DeFi market with deep liquidity, consequently providing room for a wide range of assets to be used as collateral.\nAs a result, the hybrid protocol enables DUCATO to serve the ever-growing population in the traditional lending space, of which DeFi lending is only a minor fraction of the entire lending ecosystem. By letting borrowers use traditional assets like gold, real estate, and other hard assets as collateral, the protocol creates a robust playing ground for traditional lenders and borrowers to get involved in secured, decentralized lending space powered by blockchain technology.\nTo achieve this hybrid protocol, DUCATO is working with Delio, a global CeFi rental service provider that will provide the platform with liquidity and utilize DUCATO rental services, as an official family company.\nAll transactions on the protocol will be facilitated via a smart contract which will take place Onchain, allowing for a high level of transparency, ease of access, and a secured lending environment. This approach makes up for the drawback associated with CeFi services, which aren't entirely secured and transparent.\nDucato Protocol Token and Stable Coin KRWD Concept\nThe ecosystem is powered by two innovative tokens that serve distinct purposes: The Ducato's protocol token and stable coin KRWD that is pegged to the Korean Won.\nThe Ducato's protocol token is the transactional token on Ducato hybrid DeFi 2.0 protocol, it is primarily used for settlement of all fees incurred on the platform, and it is also the protocol's governance token. Token holders will have the right to participate in the decision-making process, voting, and proposition of changes to the platform.\nBy interacting with the platform, the protocol token provides cross-platforms support for existing DeFi and CeFi lending services globally.\nKRWD, on the other hand, is a digital collateral-backed stablecoin that jointly powers the Ducato ecosystem, all transactions related to repayment of debt will be completed using the digital collateral asset-backed native token.\nAnyone can leverage their asset as collateral and take up loans in KRWD. Whenever a debt is repaid, the associated KRWD is burnt to ensure that the number of KRWD generated in the collateralization process.\nKRWD is deployed on the Ethereum blockchain, and the value of 1 KRWD is pegged to 1 Korean Won (KRW). The stablecoin asset relieve the problems of price volatility associated with Bitcoin and other cryptocurrencies.\nMedia And Other Important Links\nWebsite:http://DUCATO.io/\nTelegram channel:https://t.me/DUCATO_Channel\nFacebook:https://www.facebook.com/DeFi.DUCATO/\nTwitter:https://twitter.com/DUCATO_DeFi\nLinkedIn:https://www.linkedin.com/company/DUCATO-defi/\nYouTube:https://www.youtube.com/channel/UCB1p7-VVW51vEm02gQbb9vA/\nCONTACT:Name: David LeeEmail:[email protected] : +82 10 3773 5468\nSOURCE:Ducato\nView source version on accesswire.com:https://www.accesswire.com/601401/DUCATO-A-DeFi-Protocol-With-A-Pluggable-Hybrid-CeFi-Network", "HONG KONG, CHINA / ACCESSWIRE / August 12, 2020 / A blockchain-based project, DUCATO dubbed DeFi 2.0 is fine-tuning the narrative of the DeFi ecosystem with its innovative hybrid financial product that co, mbines the capabilities of a decentralized and centralized financial protocol to create deep liquidity, a user-centric platform and improves scalability in delivering a tailor-made financial lending product. The cutting-edge innovation designed by DUCATO is coming at a time when DeFi is fast becoming a buzzword in and out of the cryptocurrency industry. With a booming industry sector comes a couple of challenges, DUCATO is assembling a suite of products that solves a wide range of challenges rocking the DeFi ecosystem. At the time of writing, DeFi related activities were at a record high with over $4.43 billion locked in the protocol , with MakerDAO sitting at a staggering 31% dominance. Interestingly, the top 5 DeFi platforms account for an astonishing 82% of the locked value while the majority of the protocol is caught in the web of low liquidity. From a broader overview, the protocol has suffered slow settlement time due to over-reliance on the Ethereum network. The Ether token accounts for over 98% of total assets locked in the protocol, which amount to a relatively slow transaction time and extreme fees whenever the Ethereum network suffers high congestion. DUCATO Hybrid Protocol Mitigates These Impending Challenges The DUCATO innovative DeFi protocol will be entirely decentralized with a pluggable centralized protocol that allows the platform to dip into the traditional market, thereby servicing the DeFi market with deep liquidity, consequently providing room for a wide range of assets to be used as collateral. As a result, the hybrid protocol enables DUCATO to serve the ever-growing population in the traditional lending space, of which DeFi lending is only a minor fraction of the entire lending ecosystem. By letting borrowers use traditional assets like gold, real estate, and other hard assets as collateral, the protocol creates a robust playing ground for traditional lenders and borrowers to get involved in secured, decentralized lending space powered by blockchain technology. Story continues To achieve this hybrid protocol, DUCATO is working with Delio, a global CeFi rental service provider that will provide the platform with liquidity and utilize DUCATO rental services, as an official family company. All transactions on the protocol will be facilitated via a smart contract which will take place Onchain, allowing for a high level of transparency, ease of access, and a secured lending environment. This approach makes up for the drawback associated with CeFi services, which aren't entirely secured and transparent. Ducato Protocol Token and Stable Coin KRWD Concept The ecosystem is powered by two innovative tokens that serve distinct purposes: The Ducato's protocol token and stable coin KRWD that is pegged to the Korean Won. The Ducato's protocol token is the transactional token on Ducato hybrid DeFi 2.0 protocol, it is primarily used for settlement of all fees incurred on the platform, and it is also the protocol's governance token. Token holders will have the right to participate in the decision-making process, voting, and proposition of changes to the platform. By interacting with the platform, the protocol token provides cross-platforms support for existing DeFi and CeFi lending services globally. KRWD, on the other hand, is a digital collateral-backed stablecoin that jointly powers the Ducato ecosystem, all transactions related to repayment of debt will be completed using the digital collateral asset-backed native token. Anyone can leverage their asset as collateral and take up loans in KRWD. Whenever a debt is repaid, the associated KRWD is burnt to ensure that the number of KRWD generated in the collateralization process. KRWD is deployed on the Ethereum blockchain, and the value of 1 KRWD is pegged to 1 Korean Won (KRW). The stablecoin asset relieve the problems of price volatility associated with Bitcoin and other cryptocurrencies. Media And Other Important Links Website: http://DUCATO.io/ Telegram channel: https://t.me/DUCATO_Channel Facebook: https://www.facebook.com/DeFi.DUCATO/ Twitter: https://twitter.com/DUCATO_DeFi LinkedIn: https://www.linkedin.com/company/DUCATO-defi/ YouTube: https://www.youtube.com/channel/UCB1p7-VVW51vEm02gQbb9vA/ CONTACT: Name: David Lee Email: [email protected] Phone : +82 10 3773 5468 SOURCE: Ducato View source version on accesswire.com: https://www.accesswire.com/601401/DUCATO-A-DeFi-Protocol-With-A-Pluggable-Hybrid-CeFi-Network", 'Palantir Technologies Inc is planning to pursue a direct listing of its stock in September, instead of taking the initial public offering route, Bloomberg reported Wednesday. What Happened The Peter Thiel-owned company will sell its investors’ shares on the first day of trading, instead of waiting for the lock-in period to expire, as is the norm with IPOs, according to Bloomberg. The software analysis company would not raise any capital in the direct listing. Palantir disclosed to the United States Securities and Exchange Commission in July that it had raised $550 million of its targeted $961 million capital. Sompo Holdings Inc (OTC: SMPNY ) and Fujitsu Ltd (OTC: Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,275,069,362 - Hash Rate: 123844534.076575 - Transaction Count: 325346.0 - Unique Addresses: 690043.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Cash, like much of the cryptocurrency market, has stagnated in terms of price action over the past six weeks as it clings on to the tight range between $230 and $240. The period of relative calm comes after a turbulent couple of months spurred by the Coronavirus pandemic and subsequent economic fallout. Bitcoin Cash plunged to as low as $145 at the height of the crisis in March before recovering by nearly 100% in the following month. However, since surging to $285 Bitcoin Cash has been consolidating at around $240 with an apparent lack of interest on both the sell side and the buy side. From a short term perspective there has been slight dips to $221 and spikes to $266, but the daily 200 moving average remains a key point of resistance to the upside. Bitcoin Cash seems to be following the cryptocurrency market in general, with a number of altcoins like XRP and Litecoin both struggling beneath the daily 200MA. A daily or weekly candle close above this level would confirm a bullish breakout and would pave the way for a test $282, with an upside price target also emerging at $327. Much of the upcoming price action will also depend on Bitcoin, which seems to be correlated with the US stock market. Economic stimulus from global economies has the potential the drive stock market indexes to new all-time highs, and if this happens Bitcoin will likely follow bringing altcoins in its wake. For more news, guides and cryptocurrency analysis, click here . Pricing Current live BCH pricing information and interactive charts are available on our site 24 hours a day. The ticker bar at the bottom of every page on our site has the latest BCH price. Pricing is also available in a range of different currency equivalents: US Dollar – BCHtoUSD British Pound Sterling – BCHtoGBP Japanese Yen – BCHtoJPY Euro – BCHtoEUR Australian Dollar – BCHtoAUD Russian Rouble – BCHtoRUB Bitcoin – BCHtoBTC About Bitcoin Cash Bitcoin Cash was born out of the idea of making Bitcoin more practical for small, day-to-day payments. In May 2017, Bitcoin payments took about four days unless a fee was paid, which was proportionately too large for small transactions. A change to the code was implemented and Bitcoin Cash was born on 1st August 2017. Story continues More Bitcoin Cash news and information If you want to find out more information about Bitcoin Cash or cryptocurrencies in general, then use the search box at the top of this page. Here’s an article to get you started: https://coinrivet.com/roger-ver-to-launch-crypto-exchange-on-bitcoin-com/ As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not. You may be interested in our range of cryptocurrency guides along with the latest cryptocurrency news .... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state’s central bank.\n• The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses,announced the releaseThursday.\n• The Monetary Authority of Singapore “facilitated” the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said.\n• The guidance is designed around the requirements of the country’s Payment Services Act, which was updated early in 2020 to require digital asset businesses operating in Singapore toregister for a license.\n• Specifically, it attempts to offer a standardized approach to combating money laundering and terrorism financing through know-your-customer (KYC) best practices.\n• ACCESS Chairman Anson Zeall said the guidance would point both global and local digital payment service providers “in the right direction” and facilitate successful applications for operating licenses under the act.\n• The code had been two years in development to ensure it’s “in line with both the interest of our members and that of regulators,” Zeall said ina tweeton Friday.\n• The code comes amid efforts to align with the Financial Action Task Force’s June 2019 guidance for globalsupervisory frameworksfor virtual asset service providers.\n• The code is expected to “evolve over time” collaboratively and will continue to be updated from “time to time” to ensure relevance, ACCESS said.\nSee also:Singapore Begins Crackdown on Unlicensed Bitcoin Sellers\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies\n• Singapore’s Central Bank Backs New Code of Practice for Crypto Companies', 'A Singapore cryptocurrency industry non-profit has released a code of practice for digital asset payment providers that was guided by the city-state\x92s central bank. The Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), a group comprising over 400 crypto and blockchain-related businesses, announced the release Thursday. The Monetary Authority of Singapore \x93facilitated\x94 the initiative, aimed at assisting regulatory compliance and enhance crypto industry conduct; the Association of Banks in Singapore (ABS) also helped with its development, ACCESS said. The guidance is designed around the requirements of the country\x92s Payment Services Act, which was updated early in 2020 to require digital asset businesses operating in Singapore to register for a license . Specifically, it attempts to offer a standardized approach to combating money laundering and terrorism financing through know-your-customer (KYC) best practices. ACCESS Chairman Anson Zeall said the guidance would point both global and local digital payment service providers \x93in the right direction\x94 and facilitate successful applications for operating licenses under the act. The code had been two years in development to ensure it\x92s \x93in line with both the interest of our members and that of regulators,\x94 Zeall said in a tweet on Friday. The code comes amid efforts to align with the Financial Action Task Force\x92s June 2019 guidance for global supervisory frameworks for virtual asset service providers. The code is expected to \x93evolve over time\x94 collaboratively and will continue to be updated from \x93time to time\x94 to ensure relevance, ACCESS said. See also: Singapore Begins Crackdown on Unlicensed Bitcoin Sellers Related Stories Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies Singapore\x92s Central Bank Backs New Code of Practice for Crypto Companies', 'Upon Delivery and Full Installation, the Company’s Mining Operations Will Include 13,520 Next Generation Miners and Produce 1.55 Exahash (1,555 PH/s) Representing 1.2% of the Current Worldwide Bitcoin Hashrate\nLAS VEGAS, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a Nasdaq-listed cryptocurrency mining company, today announced that it has entered into a Long Term Purchase Contract with Bitmain for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners.\nMarathon’s Chief Executive Officer, Merrick Okamoto, stated, “The execution of this contract with Bitmain represents a milestone event for our company. This investment is expected to result in Marathon being one of, if not the largest, Bitcoin miner in North America.”\nOkamoto continued, “Today’s news comes on the heels of recent incremental business growth through the purchase of what now is expected to total 13,520 next generation miners generating 1.55 Exahash upon full installation. I would like to take this opportunity to thank Bitmain for working with us on this Long Term Purchase Contract, which locks in the purchase price, a substantial discount from the current retail price, and greatly reduces the risk of price increases to the Company and potential shortage of Miner availability in the future.”\n"We are pleased to have provided Marathon with Bitmain’s latest generation of Antminer S19 Pro mining hardware. Equipped with the most advanced chipset currently available, the high-performance and low power consumption of the miners will significantly improve operations of Marathon\'s mining business. This collaboration continues to strengthen our cooperation and will extend to future work together as Marathon expands its presence in the mining industry,” said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.\nAdditionally, 1,360 Miners were delivered to our Hosting Facility today, and the Company anticipates that all of these Miners will be deployed this weekend and added to our current 700 Miners presently in operation, bringing our currently installed Miners to 2,060 which will produce 184.6 PH/s. Bitmain will also deliver 500 previously purchased S-19 Pro Miners in September and 500 in November. After the installations this weekend go operational next week, the Company’s yields are expected to generate prospective positive net cash flow, based on the current price of Bitcoin and Hashrate difficulty.\nInvestor Notice\nInvesting in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2019. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See "Safe Harbor" below.\nForward-Looking Statements\nStatements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company\'s Annual Reports on Form 10-K, as may be supplemented or amended by the Company\'s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.\nName: Jason AssadPhone: 678-570-6791Email:[email protected]', 'Upon Delivery and Full Installation, the Company’s Mining Operations Will Include 13,520 Next Generation Miners and Produce 1.55 Exahash (1,555 PH/s) Representing 1.2% of the Current Worldwide Bitcoin Hashrate LAS VEGAS, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a Nasdaq-listed cryptocurrency mining company, today announced that it has entered into a Long Term Purchase Contract with Bitmain for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners. Marathon’s Chief Executive Officer, Merrick Okamoto, stated, “The execution of this contract with Bitmain represents a milestone event for our company. This investment is expected to result in Marathon being one of, if not the largest, Bitcoin miner in North America.” Okamoto continued, “Today’s news comes on the heels of recent incremental business growth through the purchase of what now is expected to total 13,520 next generation miners generating 1.55 Exahash upon full installation. I would like to take this opportunity to thank Bitmain for working with us on this Long Term Purchase Contract, which locks in the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,275,069,362 - Hash Rate: 140694130.549579 - Transaction Count: 365679.0 - Unique Addresses: 755913.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A British teenager has been charged with helping to orchestrate a massive cyber-attack which hijacked the Twitter accounts of major celebrities and brought the social network used by Donald Trump to its knees. The United States Department of Justice (DoJ) accused Mason John Sheppard, 19, of Bognor Regis, of finding buyers and brokering sales for another hacker offering illegal access to numerous Twitter accounts. Prosecutors charged Mr Sheppard with conspiracy to commit wire fraud, conspiracy to commit money laundering, and the intentional access of a protected computer, together carrying a maximum penalty of 45 years in prison. The investigation was aided by the UK's National Crime Agency (NCA), which on Friday searched a property in Bognor Regis associated with Mr Sheppard. The young Brit, allegedly known in the hacking community by the aliases "Chaewon" and "ever so anxious", was one of three people charged with the hack, alongside 22-year-old Nima Fazeli of Florida (allegedly known as "Rolex") and a 17-year-old Floridian Graham Ivan Clark, who is accused of being the "mastermind" of the attack. Accounts belonging to Barack Obama, Bill Gates, Elon Musk and Kim Kardashian West were compromisedand used to post links to Bitcoin wallets along with false claims that payments would be matched. The hack, which happened on July 15 and was the biggest in Twitter's history, sparked fears that a similar takeover of world leaders such as Donald Trump and the Ayatollah of Irancould lead to a diplomatic crisis or even armed conflict. Twitter said on Friday that the hackers had accessed the private messages of 36 accounts, including one elected official in the Netherlands. Some accounts had all their data downloaded. But according to US officials, the incident sprang from seat-of-the-pants plot hatched by three teenagers who failed to properly cover their tracks, for an overall financial gain of more than $100,000. United States Attorney David L. Anderson said: “There is a false belief within the criminal hacker community that attacks like the Twitter hack can be perpetrated anonymously and without consequence. “Today’s charging announcement demonstrates that the elation of nefarious hacking into a secure environment for fun or profit will be short-lived. “Criminal conduct over the Internet may feel stealthy to the people who perpetrate it, but there is nothing stealthy about it.” Florida prosecutor Andrew Warren added: “This could have had a massive, massive amount of money stolen from people; it could have destabilized financial markets within America and across the globe. “Because he had access to powerful politicians’ Twitter accounts, he could have undermined politics as well as international diplomacy... “This is not a game... these are serious crimes with serious consequences, and if you think you can rip people off online and get away with it, you’ll be in for a rude awakening that comes in the form of a 6 AM knock on your door.” The announcement appears to confirm early reports that the hackers were an international group of young forum users who were primarily concerned with gaining access to particular Twitter usernames because of their desirability. According to documentspublished by the DoJ, the hack began with 17-year-old Graham Clark from Tampa, Florida, who “used social engineering to convince a Twitter employee that he was a co-worker in the IT department” and had the employee give him login details to company systems. Clark was then able to gain access toTwitter's internal “customer service portal”, which employees use to manage accountsand reset their passwords where necessary. and had the employee provide credentials to access the customer service portal.” On July 15, a user called “Kirk#5270”, possibly Clark, messaged contacts on the chat service Discord claiming to be able to “reset, swap, and control any Twitter account at will” in exchange for Bitcoin. Kirk initially claimed to work for Twitter itself, posting screenshots of the customer portal. Mr Sheppard, under the username “ever so anxious#001", then allegedly acted as a broker for Kirk, posting an advert on a hackers' discussion forum offering ownership of "OG" Twitter accounts. Such accounts often have rare and desirable usernames that are usually short words or phrases, grabbed by their owners in the social network's early days. Chatlogs showed Kirk and "ever so anxious" discussing the sale of Twitter handles @xx, @dark, and @vampire, all of which were taken over in the July 15 hack. Mr Sheppard himself allegedly bought the Twitter name @anxious, while telling potential buyers that he could give them access to accounts for $2,500 to $3,000 each – plus a $250 commission for himself. A cluster of Bitcoin wallets allegedly owned by him received $40,000 in Bitcoin during the hack, and paid out $33,000 to a cluster owned by Kirk. The forum, however, had itself been hacked in April 2020, with full records of its users, their information and their messages dumped online. The FBI obtained those records, linking "ever so anxious" to the username Chaewon and then to the email address [email protected]. The final stroke, officials claimed, came from Mr Sheppard himself. Investigators requested records matching that email address fromCoinbase and Binance, two popular cryptocurrency exchanges, finding a British driver's licence in Mr Sheppard's name and bearing a picture of him. Bitcoin exchanges are typically required by law to hold such details on their users as part of so-called "Know Your Customer" regulations. On July 21, US government agents raided a property where they found the unnamed 17-year-old. The teenager confessed to participating in the attack, as well as allegedly confirming that they had worked with "Chaewon", whom they knew to be a teenager named Mason living in the UK.... - Reddit Posts (Sample): [['u/Marcion_Sinope', 'Carefully consider the magic wand of the Fed before you sell on a spike', 21, '2020-08-14 02:53', 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/', "Let's say we get a spike, great.\n\nIn fact, let's say it jumps back to 20K, make it 30K. And you sell.\n\nLiterally the next day the Fed can DEVALUE the dollar by 50% with a mouse click. And I can assure you they will.\n\nThat 20K is now 10K and your bitcoin is GONE. Moreover, you're on the IRS hook for the profit taken before the devaluation. You're double screwed. My advice is ride out the coming spikes, devaluations and hyperinflation - don't get cute because you're not psychic and the Fed has their own agenda.\n\nBuena suerte.", 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/', 'i9c7e3', [['u/D00bage', 14, '2020-08-14 03:20', 'https://www.reddit.com/r/Bitcoin/comments/i9c7e3/carefully_consider_the_magic_wand_of_the_fed/g1e6ygp/', 'So hold and learn to spend Bitcoin instead of converting to fiat?', 'i9c7e3']]], ['u/stockeroo', 'Tesla and Bitcoin: The Most Viewed Assets in America', 23, '2020-08-14 04:23', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/', "According to TradingView: [https://www.tradingview.com/chart/TSLA/qSFwTCM7-Tesla-and-Bitcoin-The-Most-Viewed-Assets-in-America/](https://www.tradingview.com/chart/TSLA/qSFwTCM7-Tesla-and-Bitcoin-The-Most-Viewed-Assets-in-America/) \n\n&#x200B;\n\n>[Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)stock is the most viewed asset in America. Our data shows that throughout July, [Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)was the most viewed stock in 31 states. [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)was not far behind. Since the start of the year, Tesla’s stock has almost tripled in price. Meanwhile [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)is up 60% year-to-date. \n \n> \n>Our findings also show the South East favors Forex and the West Coast states of California, Washington, and Oregon lean toward [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/). The west coast loves crypto the most. \n \n> \n>We also looked into the airline industry, arguably being hardest hit by Covid-19. Stocks in this sector, including [Boeing ](https://www.tradingview.com/symbols/NYSE-BA/)and American Airlines, saw favor among investors between March and June; [Boeing ](https://www.tradingview.com/symbols/NYSE-BA/)was the third most viewed stock and American Airlines the 10th. It's clear that the global pandemic brought increased [volatility](https://www.tradingview.com/ideas/volatility/) to the airlines sector and with that came additional interest from traders and investors. \n \n> \n>What was particularly interesting was the largest publicly traded company, [Apple ](https://www.tradingview.com/symbols/NASDAQ-AAPL/), failed to reach the topmost viewed stock in any one state. [Apple ](https://www.tradingview.com/symbols/NASDAQ-AAPL/)is nearing a $2 trillion market cap, it's up 53% year-to-date, and traders and investors still aren't paying that much attention. For now, the data clearly shows that [Tesla ](https://www.tradingview.com/symbols/NASDAQ-TSLA/)and [Bitcoin ](https://www.tradingview.com/symbols/BTCUSD/)are the two assets everyone is looking at most often. As the data changes, we'll update you the best we can in research reports like this.", 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/', 'i9dkr5', [['u/atrueretard', 21, '2020-08-14 06:02', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/g1eobba/', 'haha Bitcoin number go up', 'i9dkr5'], ['u/alfapredator', 11, '2020-08-14 08:24', 'https://www.reddit.com/r/investing/comments/i9dkr5/tesla_and_bitcoin_the_most_viewed_assets_in/g1ezsmj/', 'haha elon musk big brain I buy his company', 'i9dkr5']]], ['u/Dorleans15', 'The biggest scam site I have run across in 25 years. Heritage Sports', 63, '2020-08-14 05:27', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/', 'The rollover on a bonus of $10 is a total of $550 (which is the deposit made of $100 + the bonus of $10 multiplied by 5 which is the rollover amount on our 10% bonus) for the rollover completion we take into account the smallest amount between your risk and win amount every time you place a wager\xa0(please note that only sports betting counts for rollover casino action does not).\xa0\xa0\n\nAfter reviewing your account we see that you have never gone down to zero balance between your deposits, this actually means that the rollover on each of your deposits is still active, if you had lost the deposit completely the rollover is reset, but in this case it does not apply, Having said that according to our records you have completed a total of $304.82 in rollover since your first deposit on 7/17/2020, the total amount of rollover on your account,\xa0which is coming from your 3 deposits with bonuses and the cash boost we provided for the return of major sports is $1855, which means that at the moment you have $1550.18 left to complete in rollover for your account.\xa0\n\nTHE ABOVE IS FROM AN EMAIL. I JOINED WHAT I THOUGHT WAS A REDUCED JUICE CASH-BACK SITE WITH NO ROLLOVER. THEY ADD A $10 BONUS, UNLESS YOU UNCHECK A BOX ON THE MAIN SITE, NOT THE MOBILE SITE. NOTE THAT DEPOSITS ALLOW CASINO AND SPORTS BOOK, BUT IN THE FINE PRINT, CASINO DOES NOT COUNT TOWARDS ROLLOVER. AT INTERTOPS, 2 SEPARATE ACCOUNTS ARE REQUIRED, AT BOVADA ACTION COUNTS IN A WEIGHTED WAY, DEFINED IN THE BONUS, NOT FINE PRINT. My deposits were roughly $100 each time (bitcoin deposits make it hard to be exact). So 3 deposits with $30 required $1855 in betting, a 60x rollover.\n\nAVOID THIS SITE, NOTE FURTHER THAT UNLIKE BOVADA, ONE CAN NOT FORFEIT THE BONUS WHEN YOU ARE AT SAY $.14, or $.97 too small for a bet. So rollover keeps adding up, despite losing your stake.\n\nI am a big boy and expect to lose, but never even having the slightest chance at making a Withdrawal is too much. You all know the big names, stray at your own detriment. I welcome feedback from anyone who has either positive or negative feedback.\n\nDorleans15', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/', 'i9eix3', [['u/LandingRecords', 62, '2020-08-14 05:48', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1emwpx/', 'I’d stay clear from bonuses, rollover is a trap. I would just cut my losses and join a new sports book.', 'i9eix3'], ['u/clo3o5', 19, '2020-08-14 06:19', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1epw4g/', 'I learned this the first time I ever deposited. I never use bonuses anymore', 'i9eix3'], ['u/thesalamandirk', 10, '2020-08-14 06:25', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1eqepq/', 'Bonuses are a scam in the US and with offshore bookies\n\nNot an issue with Aussie and UK books', 'i9eix3'], ['u/wabatt', 12, '2020-08-14 07:18', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1euv65/', "First off the roll over is on the deposit size, not the bonus money. So $300 x 5 = 1,500 not $30.\n\nIf you are being prevented from withdrawing it's likely because they credited your account the bonus money. You can probably email them and have them cancel the bonus funds/remove them from your account so that you can withdrawal.", 'i9eix3'], ['u/Bruffy92', 23, '2020-08-14 08:42', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1f113j/', "Heritage pays every time. Like clockwork.. and its fast. In terms of liquidity and turnaround time, I've seen no offshore book match them.\n\nThat said, customer service is trash (no suprise) and they will try to fuck over anyone and everyone. Limit collars, changing of rules and promotions, player programs.. I get sick of it. But the most important thing to me is confidence in timely payouts, which Heritage has a flawless record of...in my experience. Of maybe 75-100 btc payouts, I cannot recall an occasion where the btc was not in my wallet within max 24-36 hours of withdrawal request. I've used pretty much all of the major offshore books minus bookmaker. Can't speak on them but I hear good things, generally. \n\nNEVER EVER EVER take a bonus. #1 rule I have learned. When I sign up for books, I go out of my way to ensure I am not receiving any incentive. Always read the fine print and TOS.", 'i9eix3'], ['u/carminef23', 11, '2020-08-14 14:13', 'https://www.reddit.com/r/sportsbook/comments/i9eix3/the_biggest_scam_site_i_have_run_across_in_25/g1fmpo8/', "not remotely true you have no clue what you're talking about", 'i9eix3']]], ['u/fillet_b', '1 mBTC (milli Bitcoin/0.001 BTC) is worth $11.73', 22, '2020-08-14 05:53', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/', 'Friendly reminder before it goes parabolic to $1000', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/', 'i9ewxt', [['u/cointastical', 17, '2020-08-14 06:40', 'https://www.reddit.com/r/Bitcoin/comments/i9ewxt/1_mbtc_milli_bitcoin0001_btc_is_worth_1173/g1ernv0/', 'Use sats, not mBTC.\n\n- https://USDSat.com\n- https://twitter.com/sats_per_dollar/media', 'i9ewxt']]], ['u/AutoModerator', '[Daily Discussion] Friday, August 14, 2020', 38, '2020-08-14 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/i9f33q/daily_discussion_friday_august_14_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slipped by 0.19% on Friday. Following a 1.98% gain on Thursday, Bitcoin ended the day at $11,775.5.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $11,848.5 before hitting reverse.\nFalling short of the first major resistance level at $11,981, Bitcoin slid to an early afternoon intraday low $11,656.0.\nSteering clear of the first major support level at $11,445 struck a late afternoon intraday high $11,863.5.\nContinuing to fall short of the first major resistance level at $11,981, Bitcoin slipped back to sub-$11,800 levels and into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBitcoin Cash ABC (-0.70%), Bitcoin Cash SV (-1.06%), Cardano’s ADA (-0.75%), Litecoin (-0.65%), Monero’s XMR (-0.83%), and Tezos (-0.61%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nTron’s TRX and Binance Coin led the way, with gains of 10.89% and 6.10% respectively.\nEOS (+4.01%), Ethereum (+3.25%), Ripple’s XRP (+1.83%), and Stellar’s Lumen (+3.65%) also found support.\nIn the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday morning high $365.56bn. At the time of writing, the total market cap stood at $361.09bn.\nBitcoin’s dominance rose to a Monday high 62.63% before sliding to a Friday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.82%.\nAt the time of writing, Bitcoin was up by 1.12% to $11,907.5. A bullish start to the day saw Bitcoin rise from an early morning low $11,775.5 to a high $11,991.5.\nBitcoin broke through the first major resistance level at $11,874.0 and the second major resistance level at $11,972.5.\nElsewhere, it was a mixed start to the day.\nMonero’s XMR (-0.02%), Tezos (-1.93%), and Tron’s TRX (-2.03%) saw red early on.\nIt was a bullish start for the rest of the majors.\nAt the time of writing, EOS was up by 2.99% to lead the way.\nBitcoin would need to avoid a fall through the first major resistance level at $11,874 to support a move back through the second major resistance level at $11,972.5.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,991.5, however.\nBarring an extended crypto rally, the second major resistance level and resistance at $12,000 should cap any upside.\nIn the event of a crypto breakout, Bitcoin could eye the third major resistance level at $12,180 before any pullback.\nFailure to avoid a fall through the first major resistance level would bring the sub-$11,800 levels into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid the pivot level at $11,765 and the major support levels. The first major support level sits at $11,667.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Kill Time\n• US Stock Market Overview – Stocks Close Mixed, Retail Sales Disappoint\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 15th, 2020\n• Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday\n• USD/CAD Daily Forecast – Weaker Oil Puts Pressure On The Canadian Dollar\n• Gold Weekly Price Forecast – Gold Markets Pullback After Parabolic Move', 'Bitcoin, BTC to USD, slipped by 0.19% on Friday. Following a 1.98% gain on Thursday, Bitcoin ended the day at $11,775.5. It was a mixed start to the day. Bitcoin rose to an early morning high $11,848.5 before hitting reverse. Falling short of the first major resistance level at $11,981, Bitcoin slid to an early afternoon intraday low $11,656.0. Steering clear of the first major support level at $11,445 struck a late afternoon intraday high $11,863.5. Continuing to fall short of the first major resistance level at $11,981, Bitcoin slipped back to sub-$11,800 levels and into the red. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Bitcoin Cash ABC (-0.70%), Bitcoin Cash SV (-1.06%), Cardano’s ADA (-0.75%), Litecoin (-0.65%), Monero’s XMR (-0.83%), and Tezos (-0.61%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Tron’s TRX and Binance Coin led the way, with gains of 10.89% and 6.10% respectively. EOS (+4.01%), Ethereum (+3.25%), Ripple’s XRP (+1.83%), and Stellar’s Lumen (+3.65%) also found support. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday morning high $365.56bn. At the time of writing, the total market cap stood at $361.09bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Friday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.82%. This Morning At the time of writing, Bitcoin was up by 1.12% to $11,907.5. A bullish start to the day saw Bitcoin rise from an early morning low $11,775.5 to a high $11,991.5. Bitcoin broke through the first major resistance level at $11,874.0 and the second major resistance level at $11,972.5. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR (-0.02%), Tezos (-1.93%), and Tron’s TRX (-2.03%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, EOS was up by 2.99% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the first major resistance level at $11,874 to support a move back through the second major resistance level at $11,972.5. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,991.5, however. Barring an extended crypto rally, the second major resistance level and resistance at $12,000 should cap any upside. In the event of a crypto breakout, Bitcoin could eye the third major resistance level at $12,180 before any pullback. Failure to avoid a fall through the first major resistance level would bring the sub-$11,800 levels into play. Barring another extended crypto sell-off, however, Bitcoin should avoid the pivot level at $11,765 and the major support levels. The first major support level sits at $11,667. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Kill Time US Stock Market Overview – Stocks Close Mixed, Retail Sales Disappoint EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – August 15th, 2020 Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday USD/CAD Daily Forecast – Weaker Oil Puts Pressure On The Canadian Dollar Gold Weekly Price Forecast – Gold Markets Pullback After Parabolic Move', '(Bloomberg Opinion) -- As the pandemic trashes the world economy, one business is booming. The number of ransomware attacks, where hackers encrypt a user’s data files and then demand payment to restore access, climbed by 20% in the first half of the year to reach 121.4 million assaults, according to data security firm SonicWall. Many of the victims chose to pay up. In June, the University of California said it paid $1.14 million to extortionists who’d besieged servers at its medical school. CWT, a travel-management company, handed over $4.5 million worth of Bitcoin last month to resolve a hack, Reuters reported. Garmin Ltd., which sells portable devices linked to global positioning systems, suffered outages in the final week of July it said were due to a cyber attack. While the company hasn’t commented on how it solved the interruptions, various media reports put the ransom demand at $10 million. In the past four years, Kivu Consulting has been involved in more than 700 ransomware incidents. Last year, the cyber security firm was the agent for 143 payments worth more than $17 million. So what should you do when the email arrives saying you’ve been hacked, your data has been compromised and if you don’t pay a ransom, your servers will remain frozen? I caught up with Winston Krone, Kivu’s global managing director, to find out. The following is a lightly edited transcript of our telephone conversation this week. MARK GILBERT: The number of ransomware attacks has climbed substantially this year. Is lockdown having an impact? WINSTON KRONE: We’re in the middle of a huge wave of attacks right now. Companies are coming back to work, employees are bringing infected computers back into the organization. Attackers have waited. The value of a ransomware attack is much bigger now that companies have gotten through the worst part of Covid and have the money to pay. It’s all about business interruption, that’s why people pay a ransom. If the company’s not working, if it’s hobbling along, a ransomware attack is not going to have the impact it would if the company was going full blast. We had attacks a couple of months ago where the victim of the attacks said, “We’re not sure we’re gonna be in business, we’re not paying a ransom because we’re not sure we’re gonna make payroll next month.” Story continues MG: Given that companies are reluctant to admit to being hacked or paying ransom, how big is the iceberg that we only see the tip of? WK: I would suspect the ratio is about 10/1, based on our metrics in the past four years where we know the number of ransomware attacks we were involved in that went public. There are very few unreported cases for publicly traded companies these days. Four years ago there was a huge embarrassment factor, now there’s no incentive to keep it secret. If anything, there’s quite a bit of sympathy for public companies that are hit with ransomware attacks. Of course, it’s different for private 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: 2020-08-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $219,467,488,600 - Hash Rate: 131426852.489427 - Transaction Count: 313760.0 - Unique Addresses: 664922.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose by 1.05% on Tuesday. Following on from a 0.98% gain on Monday, Bitcoin ended the day at $9,534.4. A mixed start to the day saw Bitcoin fall to an early morning intraday low $9,388.0 before making a move. Steering clear of the first major support level at $9,056.3, Bitcoin rose to an early afternoon intraday high $9,590.0. Falling short of the first major resistance level at $9,672.3, Bitcoin fell back to sub-$9,400 levels and into the red. Finding late support, however, Bitcoin broke back through to $9,500 levels to wrap up the day in the green. The near-term bullish trend remained intact in spite of last week’s sell-off, with Bitcoin holding well above the 23.6% FIB of $8,900. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. Across the rest of the majors, it was a mixed day on Tuesday. Ripple’s XRP and Tezos fell by 0.08% and by 0.55% respectively to buck the trend on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash SV (+2.11%), Ethereum (+1.90%), and Monero’s XMR (+2.07%) led the way. Binance Coin (+0.24%), Bitcoin Cash ABC (+0.67%), Cardano’s ADA (+1.12%), EOS (+0.83%), Litecoin (+0.23%), Stellar’s Lumen (+1.24%), and Tron’s TRX (+0.06%) also saw green. Through the start of the week, the crypto total market cap fell to a Monday low $246.94bn before rising to a Tuesday high $266.36bn. At the time of writing, the total market cap stood at $262.96bn. Bitcoin’s dominance rose from a current week low 66.13% to a Monday high 66.60%. At the time of writing, Bitcoin’s dominance stood at 66.16%. At the time of writing, Bitcoin was down by 0.82% to $9,455.9. A bearish start to the day saw Bitcoin fall from an early morning high $9,540.8 to a low $9,454.1. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Cardano’s ADA was down by 2.01% to lead the way down. Bitcoin would need to move back through to $9,500 levels to bring the first major resistance level at $9,620.27 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $9,590.0. Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye $9,700 levels and the second major resistance level at $9,706.13. Failure to move back through the $9,500 pivot level could see Bitcoin reverse Tuesday’s gain. A fall back through the morning low $9,454.1 would bring the first major support level at $9,418.27. into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,302.13. Thisarticlewas originally posted on FX Empire • GBP/USD Daily Forecast – British Pound Failed To Develop Upside Momentum • European Equities: A Quiet Economic Calendar May Test the Majors • EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – June 17th, 2020 • The Crypto Daily – Movers and Shakers – June 17th, 2020 • Silver Price Forecast – Silver Markets Break Top of a Hammer • Oracle revenue hit by coronavirus outbreak, misses fiscal Q4 estimates... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.70% on Saturday. Reversing a 0.19% loss from Friday, Bitcoin ended the day at $11,858.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,991.5 before hitting reverse. The early rally saw Bitcoin break through the first major resistance level at $11,874 and the second major resistance level at $11,972.5. A pullback through the morning saw Bitcoin slide to a mid-day intraday low $11,689.5. Steering clear of the first major support level at $11,667, Bitcoin revisited $11,980 levels before easing back. Bitcoin broke back through the first and second major resistance levels before wrapping up the day at sub-$11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. EOS rallied by 14% to lead the way, with Bitcoin Cash SV (+4.82%) and Litecoin (+5.38%) seeing solid gains. Bitcoin Cash ABC (+1.60%), Stellar’s Lumen (+2.02%), and Tron’s TRX (+2.1%) also joined Bitcoin in the green. Binance Coin (-0.13%), Cardano’s ADA (-0.01%), Ethereum (-1.43%), Monero’s XMR (-1.92%), Ripple’s XRP (-0.55%), and Tezos (-1.16%) saw red on the day, however. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday high $368.44bn. At the time of writing, the total market cap stood at $361.29bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Saturday low 60.06%. At the time of writing, Bitcoin’s dominance stood at 60.58%. This Morning At the time of writing, Bitcoin was down by 0.21% to $11,833.5. A mixed start to the day saw Bitcoin rose to an early high $11,872.5 before falling to a low $11,829.5. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR and Tezos bucked the trend with gains of 0.10% and 0.89% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 1.17% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $11,847 to support a run at the first major resistance level at $12,003.5. Support from the broader market would be needed, however, for Bitcoin to break out from the Saturday’s high $11,991.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,149 before any pullback. Failure to move back through the $11,847 pivot level would bring the first major support level at $11,702 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level sits at $11,545. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 15/08/20 S&P 500 Weekly Price Forecast – S&P 500 Likely to Break Out Silver Weekly Price Forecast – Silver Markets Show Huge Candle for the Week The Crypto Daily – Movers and Shakers – August 16th, 2020 Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy Jump in US Yields Boosts Dollar/Yen; RBA Calls for Fiscal Stimulus; RBNZ Boosts QE', 'Bitcoin, BTC to USD, rose by 0.70% on Saturday. Reversing a 0.19% loss from Friday, Bitcoin ended the day at $11,858.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,991.5 before hitting reverse. The early rally saw Bitcoin break through the first major resistance level at $11,874 and the second major resistance level at $11,972.5. A pullback through the morning saw Bitcoin slide to a mid-day intraday low $11,689.5. Steering clear of the first major support level at $11,667, Bitcoin revisited $11,980 levels before easing back. Bitcoin broke back through the first and second major resistance levels before wrapping up the day at sub-$11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. EOS rallied by 14% to lead the way, with Bitcoin Cash SV (+4.82%) and Litecoin (+5.38%) seeing solid gains. Bitcoin Cash ABC (+1.60%), Stellar’s Lumen (+2.02%), and Tron’s TRX (+2.1%) also joined Bitcoin in the green. Binance Coin (-0.13%), Cardano’s ADA (-0.01%), Ethereum (-1.43%), Monero’s XMR (-1.92%), Ripple’s XRP (-0.55%), and Tezos (-1.16%) saw red on the day, however. In the current week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Saturday high $368.44bn. At the time of writing, the total market cap stood at $361.29bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Saturday low 60.06%. At the time of writing, Bitcoin’s dominance stood at 60.58%. This Morning At the time of writing, Bitcoin was down by 0.21% to $11,833.5. A mixed start to the day saw Bitcoin rose to an early high $11,872.5 before falling to a low $11,829.5. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Monero’s XMR and Tezos bucked the trend with gains of 0.10% and 0.89% respectively. It was a bearish start for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 1.17% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move back through the pivot level at $11,847 to support a run at the first major resistance level at $12,003.5. Support from the broader market would be needed, however, for Bitcoin to break out from the Saturday’s high $11,991.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,149 before any pullback. Failure to move back through the $11,847 pivot level would bring the first major support level at $11,702 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level sits at $11,545. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 15/08/20 S&P 500 Weekly Price Forecast – S&P 500 Likely to Break Out Silver Weekly Price Forecast – Silver Markets Show Huge Candle for the Week The Crypto Daily – Movers and Shakers – August 16th, 2020 Chip-Maker Gains Boost Japan’s Nikkei; Chinese Investors Worried About Valuation, Tighter Monetary Policy Jump in US Yields Boosts Dollar/Yen; RBA Calls for Fiscal Stimulus; RBNZ Boosts QE', 'After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:What’s Actually Happening With Inflation Right Now\nEarlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin.\nSee also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation\nOne of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids.\nWhile much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin.\nRelated:Bitcoin Surges Past $12,000 to New 2020 High\nRead:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?\n• Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?', 'After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:What’s Actually Happening With Inflation Right Now\nEarlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin.\nSee also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation\nOne of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids.\nWhile much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin.\nRelated:Bitcoin Surges Past $12,000 to New 2020 High\nRead:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $219,467,488,600 - Hash Rate: 128056933.194826 - Transaction Count: 285069.0 - Unique Addresses: 571198.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Following Monday’s 11.01% breakout, Bitcoin ended the day at $10,932. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,263 before hitting reverse. Falling short of the first major resistance level at $11,634, Bitcoin fell to a late morning intraday low $10,590. Steering clear of the first major support level at $10,200, Bitcoin moved back through to $11,200 levels. A bearish end to the day, however, saw Bitcoin give up the $11,000 handle to end the day in the red. The near-term bullish trend remained intact, supported by the latest run at $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. Across the rest of the majors, it was a mixed day on Tuesday. Ethereum joined Bitcoin in the red, with a 1.49% loss. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC and Cardano’s ADA led the way, with gains of 7.54% and 7.83% respectively. Bitcoin Cash SV (+3.73%), EOS (+5.06%), Litecoin (+4.61%), Monero’s XMR (+3.77%), and Stellar’s Lumen (+3.66%) also found strong support. Binance Coin (+2.27%), Ripple’s XRP (+2.67%), Tezos (+0.47%), and Tron’s TRX (+2.26%) trailed the front runners. At the start of the week, the crypto total market cap rose from a Monday low $285.49bn to a high $335.80bn. At the time of writing, the total market cap stood at $315.11bn. Bitcoin’s dominance rose from a Monday low 62.43% to a Tuesday high 64.57% before easing back. At the time of writing, Bitcoin’s dominance stood at 63.88%. At the time of writing, Bitcoin was down by 0.06% to $10,925. A mixed start to the day saw Bitcoin rise to an early morning high $10,994 before falling to a low $10,915.6. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Tezos was up by 0.10%, at the time of writing, to buck the trend. It was a bearish start for the rest of the majors, however. Cardano’s ADA was down by 1.85% to lead the way down. Bitcoin would need to move back through the $10,928 pivot to support a run at the first major resistance level at $11,267. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,200 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,263 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $11,601. Failure to move back through the $10,928 pivot level would bring the first major support level at $10,594 into play. Barring an extended crypto sell-off, however, Bitcoin should steer well clear of the second major support level at $10,255. Thisarticlewas originally posted on FX Empire • Gold Price Prediction – Prices Rise to New Highs as Consumer Confidence Tumbles • E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Is Bearish Secondary Lower Top Forming? • USD/CAD Daily Forecast – Support At 1.3315 Is The Next Important Level • Natural Gas Price Prediction – Prices Rise as Tropical Depression 9 Forms • Silver Price Forecast – Silver Markets Explode with Volatility • Gold Price Forecast – Gold Markets form Massive Candle... - Reddit Posts (Sample): [['u/ninjared28', 'Icy card with 100000 CRO vs Buying 1.4 BTC ?', 32, '2020-08-16 02:04', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/', "Icy card has several benefits and costs 100000 CRO (\\~17000 USD) to be staked for 6 months. For the same cost, we can get 1.4 BTC. I'm not sure about the growth prospects of CRO as it already has $3+ billion marketcap. I seriously doubt if the CRO price will keep growing.\n\nThere are high predictions for BTC in the long run.\n\nTechnically if we get icy card and stake 100000 CRO, I think monthly we can get $350 ( at current price) worth of CRO on 18% annual interest, extra cashback, extra earn., which can use used to buy bitcoin on a monthly basis. Syndicate/exchange options are not available for US residents. so not counting those benefits.\n\nIf given a choice, would you buy ICY card or 1.4 BTC right now ?", 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/', 'iaif5a', [['u/canth1982', 19, '2020-08-16 02:14', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1oki9l/', "Well even a .01 cent cro price raise net's you 1000. Which 1.4 BTC needs a raise of 650 to match. So, if you think CRO will exist in 6 months the go icy and use your weekly 18% to buy BTC and you will be way further ahead.", 'iaif5a'], ['u/TheGreatRedBuffalo', 10, '2020-08-16 02:15', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1oks9a/', 'Exactly what I do', 'iaif5a'], ['u/brendzy', 55, '2020-08-16 02:19', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1olhna/', "This is the worst place to be asking that question. I'll give you an honest answer, BTC.", 'iaif5a'], ['u/k2thesawa', 10, '2020-08-16 03:09', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1ovb69/', 'I think CRO will continue to rise with BTC as more people enter the space looking for an exchange. CRO should see a little bump with the 2 million dollar syndicate coming up. Overall, i find CDC a bit more risky than BTC so... do you like gambling? I think the $1 CRO is definitely possible in the next 12 months and with the staking rewards that would be huge. Who knows though. I definitely would make sure your portfolio is diversified', 'iaif5a'], ['u/45627Doc', 27, '2020-08-16 03:47', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p0i8g/', 'I’m in this same boat. I have a lot of link, don’t want to give it in. But want icy bad.\n\nHere is my reasoning for probably pulling the trigger. 100000 CRO in earn @ 18% = 300 CRO. This means you can use that 300 to stack stats or just keep building the amount of CRO so you can buy a lot more at some point weekly. Also mainnet, rapid growth of the platform, and it following btc closely. I don’t think the sole value will be much different of a return, not including the benefits that CRO and icy \n\nAgain just my opinion 😁', 'iaif5a'], ['u/just4linux', 10, '2020-08-16 04:55', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p7lmr/', "others might have different opinions, but I'd say compare swipe and cdc before making decision which card you want. Also with all attention on defi, eth is going to be big. Nearly all current defi options are build on eth and every single transaction requires ethereum to execute it. This will drive eth price higher. So I would go either eth or cdc 3% card or swipe 4% card. But in the end it's up to you.", 'iaif5a'], ['u/45627Doc', 11, '2020-08-16 04:58', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p7vlg/', 'Yeah I love eth. I got some already. But Even if you like Eth, you can use that 300+CRO generated weekly to buy more eth! That’s what I think the beauty between CRO is. Plus Icy is 4%', 'iaif5a'], ['u/just4linux', 15, '2020-08-16 05:14', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1p9c28/', "think of it, 4% cashback. How much will you spend per month. Maybe average is about 1k usd. so 40usd per month. But you most likely have already a cc with some cashback. I have another free cc that has 2% cashback. So for me benefit is about 20usd a month for each 1k usd. \n\nWhen I compare how much I have to lock to cdc app to gain this benefit. It's not worth it. I have green one from cdc and even that is a bit questionable with all added benefits if I should keep it or not. The reason why I basically want to keep it is easier way to spend crypto. (maybe card has more value on bear market, but on bull market nah…)\n\nFrom investment point of view, if eth or btc would drop in value, I'd want to sell all cro to swap into one of them. Especially eth has much higher potential (my opinion) than all added benefits cro offer combined. Anyway, your money, your decision.", 'iaif5a'], ['u/Louis6787', 18, '2020-08-16 07:00', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1pipm7/', 'I would go for Bitcoin. Behind CRO there is a company and you can never know what can happen.', 'iaif5a'], ['u/ADPriceless', 12, '2020-08-16 08:23', 'https://www.reddit.com/r/Crypto_com/comments/iaif5a/icy_card_with_100000_cro_vs_buying_14_btc/g1pou78/', 'Why does it have to be Icy? What about stake for a Jade/Indigo and then use the rest for BTC. Whilst the staking amount is massively different (90k CRO) the benefits aren’t. You will get the extra interest on your BTC in earn and can always upgrade down the line', 'iaif5a']]], ['u/nickjlongo', 'How can someone live on Bitcoin today?', 19, '2020-08-16 03:08', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/', 'Obviously, just only use it instead of USD or whatever, but I’d like to hear people’s actual systems and strategies for making this possible today if it even is? Thanks!', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/', 'iajejp', [['u/jcoinner', 24, '2020-08-16 04:06', 'https://www.reddit.com/r/Bitcoin/comments/iajejp/how_can_someone_live_on_bitcoin_today/g1p2lad/', "I've been living off btc since 2013. That doesn't mean I never touch fiat obviously. But I get paid in btc and when I need some cash I exchange it but I look for options where I can use btc directly when possible.\n\nDoing this depends a lot on your situation, where you live etc. I have a very non-consumer lifestyle so I don't spend a lot on heaps of crap anyway, and live minimalist to the extent feasible. I think the two go together well. I haven't filed taxes in over 20 years and don't intend to fund any government again in my lifetime (other than sales and hidden taxes). Obviously I'm not an average Joe and most people aren't willing to live this way. The less you need to own and flash around, the easier this becomes. I'm not American btw, which helps.\n\nedit - Just wanted to add one thing I find quite helpful - having friends/family who are inclined to accumulating some btc. Sometimes they'll buy me something in exchange for sending some btc to their wallet. It's never for big stuff but eg. headphones on sale at a big box store. It's a win-win coz they don't want the hassle of opening exchange accounts and I don't have to expose myself either. Saves on fees. After years you can actually have a small network of btc friendlies.", 'iajejp']]], ['u/jwinterm', 'New User Created Badges Available', 70, '2020-08-16 05:06', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/', 'We now have the ability to upload custom badges. The first batch of these have been uploaded now from the winning entries in this badge design contest:\n\n[https://www.reddit.com/r/CryptoCurrency/comments/htqsvp/rcryptocurrency\\_badge\\_design\\_contest/](https://www.reddit.com/r/CryptoCurrency/comments/htqsvp/rcryptocurrency_badge_design_contest/)\n\nThanks to [/u/keeri\\_](https://www.reddit.com/u/keeri_/), [/u/astronautandmonkeys](https://www.reddit.com/u/astronautandmonkeys/), and [/u/stopdropandrauljulia](https://www.reddit.com/u/stopdropandrauljulia/).\n\nIf you buy a special membership using Moons, then you are now able to select a custom badge that will show by your username as a Bitcoin Cash, Bitcoin, Cardano, Chainlink, Doge, Ethereum, Iota, Litecoin, Monero, Nano, Ripple, Stellar, or Vechain fan. You can also use the Business Time Doge, Cardboard Box House, Dogejak, or Moonmoon badges. These are in addition to the monthly badges being produced by Reddit admins.\n\nGoing forwards anyone is able to submit a custom badge in the sidebar. Please follow the [design rules here](https://www.reddit.com/r/FortNiteBR/wiki/badgeemojiguide). Anyone that has a badge approved will get a small bonus of ~100 karma that should give them a bonus of ~500 moons at the end of the month distribution.', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/', 'ial4uz', [['u/ethereumflow', 17, '2020-08-16 05:16', 'https://www.reddit.com/r/CryptoCurrency/comments/ial4uz/new_user_created_badges_available/g1p9ijr/', 'Moons are getting fun. Maybe it’s time to actually spend some on the membership instead of stocking up. \n\nKeep going with the ideas to get moons to pick up in the community. It’s one of my favourite things about this sub.', 'ial4uz']]], ['u/AutoModerator', '[Daily Discussion] Sunday, August 16, 2020', 50, '2020-08-16 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/ialxl2/daily_discussion_sunday_august_16_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\n**Th... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.50% on Sunday. Following on from a 0.70% gain on Saturday, Bitcoin ended the week up by 2.07% to $11,917.5. It was a mixed start to the day. Bitcoin recovered from an early morning low $11,764 to strike a mid-morning intraday high $11,940.5. Falling short of the first major resistance level at $12,004, Bitcoin slid to a mid-day intraday low $11,691.5. Bitcoin fell through the first major support level at $11,702 before recovering to $11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash SV fell by 0.41% to buck the trend on the day. It was a bullish day for the rest of the majors. Tron’s TRX led the way, rallying by 12.26%. EOS (+4.11%), Litecoin (+6.64%), Stellar’s Lumen (+7.60%), and Tezos (+4.12%) also found strong support. Binance Coin (+1.82%), Bitcoin Cash ABC (+2.32%), Cardano’s ADA (+0.30%), Ethereum (+0.24%), Monero’s XMR (+1.59%), and Ripple’s XRP (+1.93%) trailed the front runners. For the week, it was also mixed for the broader market. Bitcoin Cash SV (-0.19%), Cardano’s ADA (-4.28%), and Monero’s XMR (-1.69%) saw red. It was bullish for the rest of the majors, however. EOS and Tron’s TRX surged by 28.09% and by 38.31% respectively to lead the way. Ethereum (+11.09%), Litecoin (+12.18%), Stellar’s Lumen (+9.41%), and Tezos (+14.88%) also found strong support. Binance Coin (+4.95%), Bitcoin Cash ABC (+2.11%), and Ripple’s XRP (+5.71%) trailed the front runners. In the week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Sunday high $367.82bn. At the time of writing, the total market cap stood at $362.51bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Sunday low 59.93%. At the time of writing, Bitcoin’s dominance stood at 60.29%. Story continues This Morning At the time of writing, Bitcoin was down by 0.51% to $11,856.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,940.0 before falling to a low $11,803.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA bucked the trend early on, rising by 0.20%. It was bearish for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 3.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,850 to support a run at the first major resistance level at $12,008. Support from the broader market would be needed, however, for Bitcoin to break out from the Sunday’s high $11,940.5. Barring an extended crypto rally, the first major resistance level and resistance at $12,000 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,099. Failure to avoid a fall back through the $11,850 pivot level would bring the first major support level at $11,759 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level at $11,601 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – GDP Data Important , but Treasury Yields Still Controlling Price Action AUD/USD and NZD/USD Fundamental Daily Forecast – RBA’s Lowe Favors Lower Aussie, but Taking No Action Ampol Shares Fall over 4% as Company Eyes 49% Stake Sale in Convenience Stores Property Trust European Equities: U.S Stats, Geopolitics, and COVID-19 in Focus Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 17th, 2020 US Stock Market: Complacent Investors Have Three Weeks to Prepare for Return of Volatility', 'Bitcoin, BTC to USD, rose by 0.50% on Sunday. Following on from a 0.70% gain on Saturday, Bitcoin ended the week up by 2.07% to $11,917.5. It was a mixed start to the day. Bitcoin recovered from an early morning low $11,764 to strike a mid-morning intraday high $11,940.5. Falling short of the first major resistance level at $12,004, Bitcoin slid to a mid-day intraday low $11,691.5. Bitcoin fell through the first major support level at $11,702 before recovering to $11,900 levels. The near-term bullish trend remained intact, supported by the latest move through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash SV fell by 0.41% to buck the trend on the day. It was a bullish day for the rest of the majors. Tron’s TRX led the way, rallying by 12.26%. EOS (+4.11%), Litecoin (+6.64%), Stellar’s Lumen (+7.60%), and Tezos (+4.12%) also found strong support. Binance Coin (+1.82%), Bitcoin Cash ABC (+2.32%), Cardano’s ADA (+0.30%), Ethereum (+0.24%), Monero’s XMR (+1.59%), and Ripple’s XRP (+1.93%) trailed the front runners. For the week, it was also mixed for the broader market. Bitcoin Cash SV (-0.19%), Cardano’s ADA (-4.28%), and Monero’s XMR (-1.69%) saw red. It was bullish for the rest of the majors, however. EOS and Tron’s TRX surged by 28.09% and by 38.31% respectively to lead the way. Ethereum (+11.09%), Litecoin (+12.18%), Stellar’s Lumen (+9.41%), and Tezos (+14.88%) also found strong support. Binance Coin (+4.95%), Bitcoin Cash ABC (+2.11%), and Ripple’s XRP (+5.71%) trailed the front runners. In the week, the crypto total market cap fell to a Tuesday low $328.26bn before rising to a Sunday high $367.82bn. At the time of writing, the total market cap stood at $362.51bn. Bitcoin’s dominance rose to a Monday high 62.63% before sliding to a Sunday low 59.93%. At the time of writing, Bitcoin’s dominance stood at 60.29%. Story continues This Morning At the time of writing, Bitcoin was down by 0.51% to $11,856.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,940.0 before falling to a low $11,803.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Cardano’s ADA bucked the trend early on, rising by 0.20%. It was bearish for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 3.09% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,850 to support a run at the first major resistance level at $12,008. Support from the broader market would be needed, however, for Bitcoin to break out from the Sunday’s high $11,940.5. Barring an extended crypto rally, the first major resistance level and resistance at $12,000 would likely cap any upside. In the event of a crypto breakout, Bitcoin could eye the second major resistance level at $12,099. Failure to avoid a fall back through the $11,850 pivot level would bring the first major support level at $11,759 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,600 support levels. The second major support level at $11,601 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Fundamental Weekly Forecast – GDP Data Important , but Treasury Yields Still Controlling Price Action AUD/USD and NZD/USD Fundamental Daily Forecast – RBA’s Lowe Favors Lower Aussie, but Taking No Action Ampol Shares Fall over 4% as Company Eyes 49% Stake Sale in Convenience Stores Property Trust European Equities: U.S Stats, Geopolitics, and COVID-19 in Focus Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 17th, 2020 US Stock Market: Complacent Investors Have Three Weeks to Prepare for Return of Volatility', 'Bitcoin rose by 2.07% in the week ending 16thAugust. Following on from a 5.57% gain from the previous week, Bitcoin ended the week at $11,917.5.\nIt was a mixed start to the week. Bitcoin rose to a Sunday intraweek high $12,079.5 before hitting reverse.\nComing up against the first major resistance level at $12,070, Bitcoin slid to a Monday intraweek low $11,123.5.\nSteering clear of the first major support level at $11,112, Bitcoin bounced back to a Saturday high $11,991.5 before easing back.\n5 days in the green that included a 1.98% gain on Thursday delivered the upside for the week. A 4.33% slide on Tuesday pinned Bitcoin back, however.\nBitcoin would need to avoid a fall through $11,707 pivot to support a run the first major resistance level at $12,290 into play.\nSupport from the broader market would be needed for Bitcoin to break out from the last week’s high $12,079.5.\nBarring another extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Bitcoin could break out from the second major resistance level at $12,663 to target $13,000 levels.\nA fall through the $11,707 pivot would bring the first major support level at $11,334 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 levels and the second major support level at $10,751.\nAt the time of writing, Bitcoin was down by 0.90% to $11,810.5. A mixed start to the week saw Bitcoin rise to an early Monday morning high $11,940.0 before sliding to a low $11,792.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEOS rallied by 28.08% in the week ending 16thAugust. Following on from a 2.72% gain from the week prior, EOS ended the week at $3.8792.\nA bullish start to the week saw EOS rally to a Monday high $3.3461 before hitting reverse.\nEOS broke through the first major resistance level at $3.2945 before sliding to a Tuesday intraweek low $2.8715.\nSteering clear of the first major support level at $2.7396, EOS rallied to a Sunday intraweek high $3.9863.\nEOS broke back through the first Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $229,917,200,719 - Hash Rate: 105309977.956271 - Transaction Count: 292944.0 - Unique Addresses: 652100.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. sanctions in response to Hong Kongs national security law and Beijings tighter grip over the citys financial system could pose challenges for local crypto brokerage firms. The U.S. Senate passed the Hong Kong Autonomy Act on Thursday to penalize China for eroding Hong Kongs autonomy. The bill is in response to a new national security law that broadly criminalizes acts of sedition, collusion, terrorism and subversion, which could include publicly criticizing the Chinese Communist Party. The law is already sending a chill over free expression in Hong Kong. The bill stipulates that the U.S. government should restrict foreign banks and subsidiaries of U.S. banks in Hong Kong from accessing the U.S. dollar system if they conduct significant transactions with persons or entities that contribute to weakening Hong Kongs autonomy. Related: Ride-Hailing Giant DiDi to Trial China's Central Bank Digital Currency No specific banks have been targeted and the bill does not provide the criteria that determine whether a bank deserves a sanction. The U.S. Treasury Secretary will decide on what behavior would result in a sanction on a bank, according to the bill. This could take a toll on cryptocurrency companies in Hong Kong. In particular, it could affect crypto brokerages, which are highly dependent on the U.S. dollar system to settle and clear transactions. Hong Kong is an important crypto hub, especially in Asia. Major mainland China-originated crypto exchanges such as OKCoin and Huobi have offices, and offer crypto trading services, in Hong Kong, given its relatively crypto-friendly regulations. The most successful cryptocurrency companies here are dependent on their access to the U.S. dollar system, said Leo Weese, the president and co-founder of the Bitcoin Association of Hong Kong, a non-profit organization. They move money around, they are big brokers and if they somewhat lose that access they are in trouble. Read More: Global Protests Reveal Bitcoins Limitations Related: First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race That access is important to large crypto brokerage companies because fiat currencies transactions between investors and brokerage are settled and cleared by banks in U.S. dollars, Weese said. Even though you are in Asia, you still rely a lot on U.S. banking, said Charles Yang, head trader at Genesis Block , one of the largest over-the-counter (OTC) desks that primarily offers cross-border crypto brokerage services in Hong Kong. Story continues OTC desks are different from cryptocurrency exchanges, through which trades are based on a market price. With OTC desks, brokers help traders find counterparties. For most Asia-based brokerage companies (OTC desks), if they can not easily transfer money to U.S. counterparties, then it slows down flows and trading volume will be much lower, Yang said. If there is any further friction from the U.S. policy, it could be very damaging to our business, Yang said. Increasing frictions, limiting banks Hong Kong Securities and Futures Commission (SFC) started to accept licensing applications from virtual asset trading platforms last November in a bid to offer a clearer regulatory framework for digital asset trading services providers. Major international investors have also set their sights on Hong Kong-based crypto firms. OSL, one of the largest crypto exchanges that provide trading brokerage and custodian services in Hong Kong, secured a $14 million investment from Fidelity International via an equity shares acquisition. Amber Group, a Hong Kong-based startup that offers a range of financial services such as trading and lending for crypto investors, secured $28 million in a Series A funding round from U.S.-based investors such as Coinbase Ventures and Polychain Capital. While it is still unclear what exact sanctions the U.S. government will impose on Hong Kong, there are two scenarios that could hurt brokerage companies, Yang said. Crypto-friendly U.S. banks, such as Silvergate and Signature , provide 24/7 instant crypto settlement services. The U.S. government could limit what amounts and where these banks can send money, which would increase friction for money transfers back to Hong Kong, Yang said. Read more: China Stocks Surge and NYC Real Estate Craters: 5 Stories Shaping Markets Today Crypto brokerage companies could also face difficulties in wiring money from Hong Kong to the U.S., Yang said. For example, many such companies use the Bank of Communications, which is one of the largest state-owned commercial banks in mainland China. If that bank is sanctioned by the U.S. government, the companies wont be able to wire their money to their U.S. bank accounts, Yang said. Another concern is that more scrutiny would prolong transaction times, according to Yang. The banks would flag Hong Kong-related transactions more often, they would hold the transactions and do a compliance query, and that could take a few days to resolve, which means there will be a lot of friction, Yang said. If the money transfers between Hong Kong, London and the U.S. are being blocked, or being made more expensive, then the Hong Kong brokers wont have as much of the need to really be here because [Hong Kong] wont be able to serve the local market as efficiently, Weese said. The bill vaguely refers to officials and foreign persons who materially contribute to the contraventions of Chinas obligation. After the president signs the bill, U.S. Secretary of State Mike Pompeo will have 90 days to identify Chinese officials and foreign persons who are involved in anti-democracy activities, such as cracking down on protests, and report them to Congress. The Secretary of the Treasury will then have 60 days to submit a list of foreign institutions that conduct significant transactions with these persons, according to the bill. If the bill goes into effect, money transfers between banks in Hong Kong will face more surveillance and the risks of being frozen due to the new sanctions, said Jason Wu, the CEO of Definer, a crypto lending firm with a focus on cross-border transactions between the U.S. and China. While some crypto investors can use cash or face-to-face trading to trade crypto with fiat currencies, many have to register with brokerage firms in compliance with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations by Hong Kongs financial authorities, especially the block trades in millions of dollars, Wu said. Read More: Freezing OTC Traders Bank Accounts Over Tainted Crypto Transactions Any money transfer in large amounts in a bank in Hong Kong will raise a flag for both the Chinese and U.S. financial regulators, Wu said. Cross-border money transfers between the U.S. and Hong Kong already faced stricter scrutiny even before the bill, according to Wu. People in Hong Kong have been trying to transfer their money to overseas bank accounts since the unrest started in March 2019. Both the Chinese and U.S. governments are closely watching these financial transactions, Wu said. The future of Hong Kongs financial system The bill is not the only U.S. attempt to dismantle Hong Kongs financial and economic privileges as Beijing weakens the citys autonomy. The U.S. government has issued restrictions on visas for Chinese officials and threatened to revoke Hong Kongs special trade status. I think for now there is no intention to mess with Hong Kongs financial system and scare companies away, but of course things could quickly change, Weese said of Chinas national security law. Neither the Chinese nor the U.S. government has disclosed what exact measures they will take to influence Hong Kongs financial system, Wu said. One extreme case is that Hong Kong becomes like any other city in mainland China and wire transfers would be much more difficult. If you make wire transfers in mainland China, there will be many limitations such as going through more scrutiny with financial authorities such as the State Administration of Foreign Exchange (SAFE), which makes it difficult to make the transfers, Wu said. However, it is much easier in Hong Kong because it is in the international settlement system. One extreme case is that Hong Kong becomes just like any other city in mainland China in terms of financial freedom, Wu said. Read more: Ride-Hailing Giant DiDi to Trial Chinas Central Bank Digital Currency In mainland China, where banks are restricted from processing money transactions related to crypto, most investors trade and make purchases via peer-to-peer trading services provided by over-the-counter desks with third-party payment cash apps. Usually what happens in such situations is that the market continues to exist with much higher spreads but served by different individuals or smaller brokerages. At least thats how weve observed it in other places, Weese said. The very largest brokerages only exist in places where they can efficiently buy and sell a million or 10 million dollars worth of bitcoin , Weese said. Related Stories Hong Kongs National Security Law Could Threaten Local Crypto Brokerages Hong Kongs National Security Law Could Threaten Local Crypto Brokerages 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: ['Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan. China’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstorms since last week , which peaked over the last two days. The heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn. Related: PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement As result, impacted bitcoin mining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing. Data from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total. Pan said in a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions. According to the Xinhua News Agency , the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record. Related: Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving Further, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, is shut down due to severe floods and mudslides. Story continues Meanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high. Read more: The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners The monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners. But over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farms halting operations temporarily or even being completely destroyed. Related Stories Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', 'Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.\nChina’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstormssince last week, which peaked over the last two days.\nThe heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn.\nRelated:PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement\nAs result, impactedbitcoinmining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing.\nData from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total.\nPansaidin a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions.\nAccording to theXinhua News Agency, the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record.\nRelated:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving\nFurther, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, isshut downdue to severe floods and mudslides.\nMeanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high.\nRead more:The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\nThe monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners.\nBut over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farmshaltingoperations temporarily or even being completely destroyed.\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', 'Major Chinese bitcoin mining pools are each seeing daily hashrate drops of between 10% and 20% following continuous rainstorms in Sichuan.\nChina’s southwestern Sichuan province, a mountainous region that is estimated to have over 50% of the Bitcoin network’s total computing power, has been hit by heavy rainstormssince last week, which peaked over the last two days.\nThe heavy rainstorms have caused electricity outages in parts of the region as hydro-plants stop generating power to help discharge the floods. Some counties are also experiencing telecommunication and internet breakdowns, said Kevin Pan, CEO and co-founder of PoolIn.\nRelated:PayPal Co-founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement\nAs result, impactedbitcoinmining farms in the region are forced to unplug from the network for the time being. It’s not clear when the situation will prove as the rainstorms are still ongoing.\nData from BTC.com shows the world’s top four bitcoin mining pools – PoolIn, F2Pool, BTC.com and Antpool, all based in China – have each seen their hashrates drop between 10% and 20% over the last 24 hours. The computing power connected to these four pools accounts for around 50% of the Bitcoin network’s total.\nPansaidin a Weibo post Tuesday China time that in addition to mining farms being forced to unplug due to electricity and internet disruptions, some have also proactively paused operations ahead of time and evacuated their on-site staff for safety precautions.\nAccording to theXinhua News Agency, the accumulated rain volume in a dozen most-impacted cities in Sichuan between Aug. 10-15 alone has already surpassed the average August monthly volume in any year’s record.\nRelated:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving\nFurther, one major highway that leads to Sichuan’s mountain area, where most of the mining farms are located, isshut downdue to severe floods and mudslides.\nMeanwhile, bitcoin’s last three-day and one-day average hashrate has dropped to around 123 and 110 exahashes per second (EH/s), respectively. These numbers are down over 3% and 10%, respectively, from the seven-day rolling average around 127 EH/s, which is still at an all-time high.\nRead more:The 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners\nThe monsoon season in China every year brings abundant rain and thus excessive hydropower resources especially in the country’s southwestern regions, including Sichuan and Yunan. Such energy excess leads to cheap electricity prices that have been attractive to bitcoin miners.\nBut over the years, the unpredictable weather also caused floods and mudslides, which resulted in bitcoin mining farmshaltingoperations temporarily or even being completely destroyed.\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China\n• Top Bitcoin Mining Pools See 15% Hashrate Drop Amid Continuous Rainstorms in China', '* Asian stock markets : https://tmsnrt.rs/2zpUAr4\n* Dollar weakens on disappointing data\n* Nikkei slips 0.24%, Chinese blue chips up 0.18%\n* Safe haven gold rises on Buffet move\n* Oil gives up some gains after output cut\nBy Alun John and Chibuike Oguh\nHONG KONG/NEW YORK, Aug 18 (Reuters) - Asian shares made cautious gains on Tuesday as the lift from Wall Street\'s tech-fueled rally was checked by investors\' fresh concerns about Sino-U.S. tensions.\nMSCI\'s broadest index of Asia-Pacific shares outside Japan gained 0.43%, edging closer to its pre-pandemic late January high, though European markets were set to open slightly down as EUROSTOXX 50 futures eased 0.27% and FTSE futures fell 0.35%.\nE-Mini futures for the S&P 500 were flat.\nThe Trump administration announced on Monday it would further tighten restrictions on China\'s Huawei Technologies Co , aimed at cracking down on its access to commercially available chips, a move set to disrupt global supply chains.\nHowever, sentiment was supported by the Nasdaq, which surged to a record high close on Monday and the S&P 500, wh Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $229,917,200,719 - Hash Rate: 117947175.311024 - Transaction Count: 346036.0 - Unique Addresses: 739835.0 Social & AI Sentiment: - Fear & Greed Index: 0.82 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In the race to become the dominant cryptocurrency platform, Ethereum is gaining on Bitcoin. Take a look at the market capitalization of ether, the native token of the Ethereum blockchain. Currently, the value stands at about $26 billion. But that figure doesn’t include all of the digital assets built atop the Ethereum blockchain, including some of this year’s hottest tokens: stablecoins like tether and USDC and altcoins like Crypto.com’s CRO , Chainlink’s LINK, Compound’s COMP and Kyber’s KNC . You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: Blockchain Bites: China's BSN Integrations and Satoshi's Newfound Wealth The combined value of those ERC-20-standard tokens is also around $26 billion, according to the data provider Messari. That puts the market capitalization of the Ethereum ecosystem at more than $50 billion – closer to bitcoin’s $170 billion than if ether were considered alone. The comparison shows how the rapid pace of development this year on Ethereum has brought the blockchain’s ecosystem closer to challenging Bitcoin. The value gap narrowed over the past month as bitcoin’s price stagnated, while demand for stablecoins and a flurry of activity in “decentralized finance,” known as DeFi, has ignited the value of Ethereum and the tokens that depend on it. “DeFi tokens continue their bull run,” cryptocurrency analysis firm TradeBlock wrote Monday in a weekly commentary . Messari, a digital-asset data firm, said in a report that the Ethereum blockchain’s daily settlement value recently surged to about $2.5 billion, surpassing Bitcoin’s for the first time since at least early 2019. Story continues Related: Ethereum Turns Five Next Week and We're Producing a Special Series “Ethereum has blown past Bitcoin,” Ryan Watkins, a Messari analyst, wrote in the post on Monday. “With the increasing amount of economic activity taking place on Ethereum, this trend is unlikely to reverse anytime soon, if ever.” It’s the latest chapter in the competition among projects to attain critical mass in the cryptocurrency industry. For entrepreneurs and investors in the space, the goal is to establish networks and projects with enough name recognition, credibility and functionality to scale quickly if and when mass adoption comes. Bitcoin, the oldest and largest cryptocurrency, attracted most of the hype early in 2020 as some analysts predicted a once-every-four-years event known as the blockchain’s “halving” could send prices to $90,000. Bitcoin got another bluster of endorsements as the spreading coronavirus slammed the global economy, sending traditional markets plunging and prompting the Federal Reserve and other big central banks to create trillions of dollars of fresh money . Many investors predicted that the money injections would debase the dollar’s purchasing power, driving up the price of bitcoin. Yet over the past couple months, bitcoin’s price has stagnated below $10,000, and even its notorious volatility has withered – prompting fickle crypto traders to seek faster-moving action. Bitcoin has been stuck in a tight trading range for weeks, boring for a market that used to be known for its thrills. However, there are signs Tuesday that an expected big move may be building. Still, Ether’s price is up 81% in 2020 to $237, almost three times bitcoin’s 30% year-to-date gain. Steve Ehrlich, CEO of publicly traded cryptocurrency brokerage firm Voyager Digital, says bitcoin has accounted for about 15% of trading volumes so far in July, down from about 60% prior to the May halving. “We’ve seen a tremendous change in our retail customer behaviors,” Ehrlich said Monday in a phone interview. “When bitcoin is extremely flat in the marketplace, people are looking at other tokens.” In terms of name recognition and popularity outside of the crypto industry, Bitcoin still dominates. According to a report last week from the trading platform eToro and data provider The TIE, only four stories about DeFi appeared in June in “non-crypto news sources,” versus some 200 about bitcoin. “There is a growing realization though that the 2020 DeFi hype may be overdone,” Mati Greenspan, founder of the cryptocurrency and foreign-exchange analysis firm Quantum Economics , wrote Monday in an e-mail to subscribers. Denis Vinokourov, head of research at the London-based cryptocurrency prime broker Bequant , said that ethereum risks becoming a victim of its own success, activity in the tokens built atop the blockchain are driving up transaction fees. “This resurgence in the network performance has come with a raft of undesired consequences,” Vinokourov wrote in emailed remarks. And Jimmy Song, a well-known bitcoin developer and promoter, told the website CoinMarketCap in an interview published last week that he thinks many DeFi projects will fail to live up to their “decentralized” billing because “they almost always have to have some sort of back door in case something goes wrong.” “It’s really just a form of gambling with limited upside for people that aren’t in control of the protocol,” Song said. For now, though, the Ethereum ecosystem is edging closer. Jack Tan, of Taiwan-based quantitative firm Kronos Research, told CoinDesk’s Daniel Cawrey that he sees ether hitting $500 by the end of this year . That would more than double ether’s market capitalization, to say nothing of any potential increases in the value of ERC-20 tokens. “Ethereum the platform has done its job,” the cryptocurrency investment firm Arca wrote Monday in a weekly blog post . Traders are apparently doing their jobs too – following the action. Tweet of the day Bitcoin watch BTC : Price: $9,347 ( BPI ) \| 24-Hr High: $9,363 \| 24-Hr Low: $9,152 Trend : Bitcoin is showing signs of life on Tuesday with prices trading above $9,340 at press time, representing a 1.9% gain on the day. Notably, the cryptocurrency hasn’t witnessed an over 1% move since July 9. The 4-hour chart shows the cryptocurrency has broken higher from the four-week-long narrowing price range. The breakout is backed by an above-50 or bullish reading on the relative strength index. Meanwhile, the MACD histogram is printing higher bars above the zero line, a sign the upward move may gather pace. The immediate resistance at $9,480 – a lower high created on July 9 – could be put to test over the next few hours. Acceptance above that level would confirm a Bollinger band (volatility indicator) breakout on the daily chart and may yield a rally to $10,000. The bias would turn bearish if the cryptocurrency finds acceptance under $9,000. However, sellers have failed multiple times in the last two months to establish a foothold below that psychological support. Related Stories First Mover: Bitcoin Shows Signs of Life but Ether (and Crew) Steal the Limelight First Mover: Bitcoin Shows Signs of Life but Ether (and Crew) Steal the Limelight... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 2.79% on Tuesday. Reversing most of a 3.18% rally from Monday, Bitcoin ended the day at $11,954.5. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $12,402.0 before hitting reverse. Falling short of the first major resistance level at $12,616.33, Bitcoin tumbled to an early afternoon intraday low $11,811.5. Bitcoin fell through the first major support level at $11,846.83 before briefly revisiting $12,000 levels. A bearish end to the day left Bitcoin back at sub-$12,000 levels and in the deep red. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day for the majors on Tuesday. Bitcoin Cash ABC (-4.99%), Bitcoin Cash SV (-3.83%), EOS (-5.35%), Ripple’s XRP (-3.98%), Stellar’s Lumen (-4.90%), Tezos (-5.07%), and Tron’s TRX (-5.15%) led the way down. Binance Coin (-2.21%), Cardano’s ADA (-2.42%), Ethereum (-2.13%), Litecoin (-2.62%), and Monero’s XMR (-0.28%) saw relatively modest losses on the day. At the start of the week, the crypto total market rose to a Monday high $384.00bn before sliding to an early Wednesday low $349.40bn. At the time of writing, the total market cap stood at $352.81bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday morning high 61.61%. At the time of writing, Bitcoin’s dominance stood at 61.39%. This Morning At the time of writing, Bitcoin was down by 1.76% to $11,744.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,022.5 before sliding to a low $11,650.0. Bitcoin fell through the first major support level at $11,710.0 early on. Elsewhere, it was also a bearish start to the day for the crypto majors. At the time of writing, Tron’s TRX was down by 6.66% to lead the way down. Story continues For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $12,056 to support a run at the first major resistance level at $12,301. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $12,022.5. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $12,500 before any pullback. Failure to move through the $12,056 pivot level would bring the first major support level at $11,710 back into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 support levels. The second major support level sits at $11,466. This article was originally posted on FX Empire More From FXEMPIRE: GBP/USD Daily Forecast – Resistance At 1.3300 In Sight GBP/USD Wave 3 Pattern Confirms Bullish Momentum Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 19th, 2020 Is It Make or Break for the US Dollar Index? Price of Gold Fundamental Daily Forecast – Could Spike Higher if Fed Changes Approach to Inflation Was That the Top in Gold?', 'Bitcoin, BTC to USD, fell by 2.79% on Tuesday. Reversing most of a 3.18% rally from Monday, Bitcoin ended the day at $11,954.5.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $12,402.0 before hitting reverse.\nFalling short of the first major resistance level at $12,616.33, Bitcoin tumbled to an early afternoon intraday low $11,811.5.\nBitcoin fell through the first major support level at $11,846.83 before briefly revisiting $12,000 levels.\nA bearish end to the day left Bitcoin back at sub-$12,000 levels and in the deep red.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day for the majors on Tuesday.\nBitcoin Cash ABC (-4.99%), Bitcoin Cash SV (-3.83%), EOS (-5.35%), Ripple’s XRP (-3.98%), Stellar’s Lumen (-4.90%), Tezos (-5.07%), and Tron’s TRX (-5.15%) led the way down.\nBinance Coin (-2.21%), Cardano’s ADA (-2.42%), Ethereum (-2.13%), Litecoin (-2.62%), and Monero’s XMR (-0.28%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total market rose to a Monday high $384.00bn before sliding to an early Wednesday low $349.40bn. At the time of writing, the total market cap stood at $352.81bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday morning high 61.61%. At the time of writing, Bitcoin’s dominance stood at 61.39%.\nAt the time of writing, Bitcoin was down by 1.76% to $11,744.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,022.5 before sliding to a low $11,650.0.\nBitcoin fell through the first major support level at $11,710.0 early on.\nElsewhere, it was also a bearish start to the day for the crypto majors.\nAt the time of writing, Tron’s TRX was down by 6.66% to lead the way down.\nBitcoin would need to move through the pivot level at $12,056 to support a run at the first major resistance level at $12,301.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $12,022.5.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $12,500 before any pullback.\nFailure to move through the $12,056 pivot level would bring the first major support level at $11,710 back into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 support levels. The second major support level sits at $11,466.\nThisarticlewas originally posted on FX Empire\n• GBP/USD Daily Forecast – Resistance At 1.3300 In Sight\n• GBP/USD Wave 3 Pattern Confirms Bullish Momentum\n• Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – August 19th, 2020\n• Is It Make or Break for the US Dollar Index?\n• Price of Gold Fundamental Daily Forecast – Could Spike Higher if Fed Changes Approach to Inflation\n• Was That the Top in Gold?', "United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a\xa0purported cryptocurrency company. What Happened The five individuals \x97 Pablo Renato Rodriguez, Gutemberg Dos Santos, Scott Hughes, Cecilia Millan, and Jackie Aguilar \x97 ran a company called AirBit Club since the beginning of 2015, which claimed to mine and trade in cryptocurrency, the Justice Department said in a statement . The alleged fraudsters, charged with running a multimillion-dollar fraud and a money-laundering ring, spent their victims' money on luxury cars, jewelry, and homes, according to Homeland Security Investigations Special Agent-in-Charge Peter Fitzhugh. Prosecutors say that the five persons traveled throughout the United States and around the world and hosted expositions and presentations\xa0\x97\xa0inducing victims to purchase memberships in AirBit Club\x92s scheme. The victims are reported to have observed profits accumulate on the website of the scheme, but no actual Bitcoin mining or trading took place. Instead, the alleged fraudsters enriched themselves with the invested funds. Why It Matters The Justice Department claims the defendants laundered at least $20 million of the proceeds in the scheme. Rodriguez, Dos Santos, and Millan stand charged with single count to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit bank fraud. Hughes was charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. Aguilar was charged with one count of conspiracy to commit wire fraud. Price Action Bitcoin traded nearly 3.9% lower at $11,787.89 on Wednesday at press time. See more from Benzinga Bitcoin Cash and Litecoin Cryptocurrencies To Trade At The Stock Market As Grayscale Wins FINRA Approval Texas Man Charged With Fraud For Transferring Nearly M Coronavirus Federal Aid To Cryptocurrency Account © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "United States Department of Justice on Tuesday said it has unsealed an indictment charging five individuals for international fraud, money laundering and defrauding individuals through a\xa0purported cryptocurrency company.\nWhat Happened\nThe five individuals — Pablo Renato Rodriguez, Gutemberg Dos Santos, Scott Hughes, Cecilia Millan, and Jackie Aguilar — ran a company called AirBit Club since the beginning of 2015, which claimed to mine and trade in cryptocurrency, the Justice Department said in astatement.\nThe alleged fraudsters, charged with running a multimillion-dollar fraud and a money-laundering ring, spent their victims' money on luxury cars, jewelry, and homes, according to Homeland Security Investigations Special Agent-in-Charge Peter Fitzhugh.\nProsecutors say that the five persons traveled throughout the United States and around the world and hosted expositions and presentations\xa0—\xa0inducing victims to purchase memberships in AirBit Club’s scheme.\nThe victims are reported to have observed profits accumulate on the website of the scheme, but no actual Bitcoin mining or trading took place. Instead, the alleged fraudsters enriched themselves with the invested funds.\nWhy It Matters\nThe Justice Department claims the defendants laundered at least $20 million of the proceeds in the scheme.\nRodriguez, Dos Santos, and Millan stand charged with single count to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit bank fraud.\nHughes was charged with one count of conspiracy to commit money laundering and one count of conspiracy to commit bank fraud. Aguilar was charged with one count of conspiracy to commit wire fraud. Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $229,917,200,719 - Hash Rate: 116262215.6637237 - Transaction Count: 333879.0 - Unique Addresses: 710405.0 Social & AI Sentiment: - Fear & Greed Index: 0.80 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popularMoneynessblog. Bitcoinis often described as digital gold. If bitcoin is to be the next version of the yellow metal, then 2020’s gold market may have plenty to teach us about what bitcoin will be like in 2030. While each molecule of gold is physically the same, not all gold is economically the same. The gold market is effectively a two-tiered system. At the top of the hierarchy is gold housed in a carefully walled garden in London. Everything else that doesn’t meet London’s strict standards – the second-rate gold – is held outside of the City. Related:4 Myths About CBDCs Debunked See also: Osho Jha –As This Crisis Worsens, Bitcoin Will Become a Safe Haven Again Given how regulations are slowly shaping bitcoin, this same degree of standardization may be well on its way to emerging. The upper tier of bitcoins will be made up of all the clean, carefully Know-Your-Customer’ed (KYC) stuff housed at approved exchanges and custodians. The second tier will be everyone else’s sub-standard, or “dirty,” bitcoins. I’m going to provide a rough sketch of the London gold market, then suggest how this applies to bitcoin. The London bullion market is the most energetic gold market in the world. No where else in the world is it possible to sell as much gold, as quickly, at such low fees. But not just any gold qualifies for entry to the London market. The London Bullion Market Association (LBMA) – an elite group of banks, refiners and transport companies – presides over the London “good delivery” rules. This isa set of standardsthat, if closely followed, grants a gold bar entry into the London system. Related:Bitcoin Recovers From $11.3K Despite Losses in European Stocks To qualify as London good delivery gold, the gold must be in bar form, not coin or dust or jewelry. Not just any bar qualifies. Each bar has to meet the LBMA’s specifications for size (250 x 70 x 30 mm), weight (400 ounces), and purity (at least 99.5% pure). The details and placement of the markings stamped on each bar are also prescribed by the LBMA. And only bars produced by refiners from the LBMA’saccredited listare allowed into the system. Good delivery gold can only be held in a handful of vaults located in and around London that are operated by LBMA members. There are currently8,452 tonsof London good delivery gold, worth around $464 billion. So 5% of all gold ever mined conforms to the LBMA’s standards. Movements of gold bars from one LBMA vault to another are recorded and tracked. This preserves the “chain of custody.” Should a London good delivery bar be withdrawn from an LBMA-approved vault (say someone wants to hold it under a mattress), it immediately falls out of the custody chain and loses its elite good delivery status. Bitcoin’s version of the LBMA would be made up of 10 or so approved exchanges and a few large non-exchange custodians. Once a bar falls out of the chain of custody, the only way to get it back into the London system is to bring it to an LBMA-approved refiner. It will be re-assayed for a fee before re-approval as good delivery gold. Bars produced by unapproved refiners can only make it into the London system if they are melted down and upgraded into an approved bar. The net effect is that any bars held outside of London aren’t worth as much as the ones inside – they lack the LBMA’s imprimatur. If it can’t be traded in London, it isn’t as liquid. And so it’s not as valuable. So how does this all pertain to bitcoin? Many of the mechanisms for an informal bitcoin version of the LBMA are already present: a core group of regulated exchanges; the emergence of companies that specialize in analyzing bitcoin flows; and an emerging class of speculators who care about getting accredited bitcoins. There are good reasons for building a carefully sterilized system. In the case of gold, the stuff can be easily faked. Bars with a core of tungsten and a gold shell are common. LBMA standards screen these bars out. Counterfeits, those barsmade of genuine goldbut falsely marked, are also warded away. So are poorly produced bars, say 98% pure. The combination of the LBMA’s rules and the chain of custody guarantees that the world’s biggest buyers, institutional investors such hedge funds, central banks, banks and exchange traded funds, are getting only the best gold. Bitcoin suffers from neither a purity problem nor a counterfeiting problem. The network of independent bitcoin validators ensures that every bitcoin is indeed a 100% real bitcoin. But it does have its own unique quirk. The entire blockchain is public, so the flow of bitcoins can be tracked. And trackability means some bitcoin addresses may not be as good as others – they may hold funds that were stolen from an exchange, or used to pay ransom, or have been mixed by an anonymizer. These aren’t the sorts of bitcoin addresses that a sophisticated investor wants to be associated with. Gold, like bitcoin, can also be dirty. Drug cartels, for instance, are notorious forbuying up gold minesin order to launder money. But the LBMA is working hard to cleanse the supply chain. An accredited refiner will only convert a customer’s gold into an approved gold bar if that customer passes a due diligence processset out inthe LBMA’s Responsible Gold Guidance. So refiners are obligated to have the same KYC procedures as a bank. The LBMA also requires refiners to screen out gold that has been used in human rights abuses or the financing of conflict. The LBMA market recently suffered through some uncertainty when The Perth Mint, a major refiner, wasaccusedof refining gold sourced from a convicted killer in Papua New Guinea. In theory, this meant that The Perth Mint’s gold bars could be kicked out of the London system. Which would mean they’d be worth less. But, after investigating, the LBMAannouncedthat it was compliant. Gold bar owners breathed a sigh of relief. And so, in theory, not only is a London gold bar 99.5% fine but it hasn’t been sourced from drug dealers or crooks. So-called “blood gold” is left to trade in informal, less liquid markets, where it is worth less. Bitcoin’s version of the LBMA would be made up of 10 or so approved exchanges and a few large non-exchange custodians. Bitcoins held in this system would easily pass from exchange to exchange, or exchange to custodian, much like how London gold can move from LBMA vault to LBMA vault. But once they were to be withdrawn from the system, say to someone’s personal address or to a non-accredited bitcoin exchange, the “chain of custody” would be broken. See also: Olga Feldmeier –Looking for a Safe Haven Digital Asset? Try Gold To get withdrawn bitcoins back into the walled “good bitcoin” garden, approved analyzers like Chainalysis or CipherTrace would have to check the transacional history for anything iffy, much like how today’s LBMA-approved refiners carry out due diligence. Anything that couldn’t be verified would be denied access to the system. These non-accredited bitcoins would circulate in a gray economy where they are worth much less. To avoid any risk of losing premium status, it would become increasingly uncommon for bitcoin users to withdraw bitcoins from any of the approved exchanges. Bitcoin purists would no doubt bristle at the encroachment of this centralized Bitcoin LBMA;not your keys, not your bitcoin. But the Bitcoin LBMA would attract most bitcoin liquidity. Institutional investors, say Grayscale orPaul Tudor Jones, will always prefer to buy bitcoins that are part of an approved chain of custody, just like they’ll always prefer to buy the LBMA’s good delivery gold. If bitcoin is going to become digital gold, it’s quite possible a bitcoin version of the LBMA will develop. So far a hierarchy hasn’t arrived. Or has it? • What Bitcoin Can Learn From Gold About Staying ‘Clean’ • What Bitcoin Can Learn From Gold About Staying ‘Clean’... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Intel Corporation(NASDAQ:INTC) shares jumped in the after-hours session Wednesday as the company\xa0said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock.\nWhat Happened\nUpon the completion of the agreements, the chipmaker will\xa0have purchased nearly $17.6 billion in shares as a part of its share buyback plan announced in October 2019, the company said in astatement.\nThe Santa Clara, California-based company said it would purchase 166 million shares under one such agreement, which is set to be completed by the end of this year.\n“While the macro-economic environment remains uncertain, Intel shares are currently trading well below our intrinsic valuation, and we believe these repurchases are prudent at this time,” said Intel CEO Bob Swan.\nThe company's shares have declined by almost 19% in the past month.\nWhy It Matters\nIntel recorded second-quarter earnings per share of $1.23, whichbeat the analyst consensusestimate of $1.10 by 11.82%. The chipmaker’s earnings rose 16.04% over the same period last year from $1.06 per share.\nIn July, BofA Securities analyst Vivek Arya downgraded Intel from Buy To Neutral and lowered the price target from $70 to $62.\nArya questioned the competitiveness of Intel’s manufacturing process after the crucial 7nm series of chips were delayed by a further six months.\nThe delay is being cited as a positive for rivalsAdvanced Micro Devices, Inc(NASDAQ:AMD) andNVIDIA Corporation(NASDAQ:NVDA) as they move ahead with their 7nm processes.\nIntel Price Action\nIntel shares traded nearly 3.6% higher at $50.06 in the after-hours session after the news of the buyback broke. The shares closed the regular session 0.66% lower at $48.33.\nSee more from Benzinga\n• Google Rolls Out Virtual Visiting Cards For Its Search Engine Users In India\n• Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed\n• Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", "Intel Corporation (NASDAQ: INTC ) shares jumped in the after-hours session Wednesday as the company\xa0said it was entering into accelerated share repurchase agreements to buy a total of $10 billion of the company’s common stock. What Happened Upon the completion of the agreements, the chipmaker will\xa0have purchased nearly $17.6 billion in shares as a part of its share buyback plan announced in October 2019, the company said in a statement . The Santa Clara, California-based company said it would purchase 166 million shares under one such agreement, which is set to be completed by the end of this year. “While the macro-economic environment remains uncertain, Intel shares are currently trading well below our intrinsic valuation, and we believe these repurchases are prudent at this time,” said Intel CEO Bob Swan. The company's shares have declined by almost 19% in the past month. Why It Matters Intel recorded second-quarter earnings per share of $1.23, which beat the analyst consensus estimate of $1.10 by 11.82%. The chipmaker’s earnings rose 16.04% over the same period last year from $1.06 per share. In July, BofA Securities analyst Vivek Arya downgraded Intel from Buy To Neutral and lowered the price target from $70 to $62. Arya questioned the competitiveness of Intel’s manufacturing process after the crucial 7nm series of chips were delayed by a further six months. The delay is being cited as a positive for rivals Advanced Micro Devices, Inc (NASDAQ: AMD ) and NVIDIA Corporation (NASDAQ: NVDA ) as they move ahead with their 7nm processes. Intel Price Action Intel shares traded nearly 3.6% higher at $50.06 in the after-hours session after the news of the buyback broke. The shares closed the regular session 0.66% lower at $48.33. See more from Benzinga Google Rolls Out Virtual Visiting Cards For Its Search Engine Users In India Intel Shakeup Sees Chief Engineer Depart After Next-Gen Chips Delayed Gold Hits Record High As US-China Relations Deteriorate Further, Bitcoin Crosses ,000 Mark © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned.\nFTX.US founder and CEO Sam Bankman-Fried confirmed the news, telling The Block: "We\'re really excited for Sina to join — he brings a ton of experience, energy, and vision for the exchange, and in general for the U.S. crypto market."\n"We\'re looking forward to him massively scaling up FTX.US," said Bankman-Fried, adding that specific expansion plans will be announced "soon."\nFTX.US waslaunchedin May of this year and offers spot trading in six coins, including bitcoin (BTC) and ether (ETH). The exchange operates in almost all states, excluding New York and Washington. In comparison, Binance.US has over ten restricted states.\nNadersaidhe is "delighted" to join FTX.US and is "super excited about all we will do." At Robinhood, Nader spent just over eight months,as The Block reportedrecently. Previously, he held positions at Morgan Stanley and Credit Suisse and was a former director at private crypto investment firm CryptoLux Capital.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'Sina Nader, the former head of crypto at brokerage firm Robinhood, has joined FTX.US exchange as COO, The Block has learned. FTX.US founder and CEO Sam Bankman-Fried confirmed the news, telling The Block: "We\'re really excited for Sina to join — he brings a ton of experience, energy, and vision for the exchange, and in general for the U.S. crypto market." "We\'re looking forward to him massively scaling up FTX.US," said Bankman-Fried, adding that specific expansion plans will be announced "soon." FTX.US was launched in May of this year and offers spot trading in six coins, including bitcoin (BTC) and ether (ETH). The exchange operates in almost all states, excluding New York and Washington. In comparison, Binance.US has over ten restricted states. Nader said he is "delighted" to join FTX.US and is "super excited about all we will do." At Robinhood, Nader spent just over eight months, as The Block reported recently. Previously, he held positions at Morgan Stanley and Credit Suisse and was a former director at private crypto investment firm CryptoLux Capital. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look to layer 2 solutions . CoinGecko data shows OMG tokens have increased 115% from $1.70 to $3.65 in the past seven days \x96 with the price surging by 30% in the past 24 hours. The rally means OMG\x92s market cap has surged by approximately $275 million since this time last week. OMG\x92s price has increased by nearly 1,000% since it fell to its all-time low of $0.35 after the Black Thursday crash in March. Denis Vinokourov, research head at crypto exchange BeQuant, told CoinDesk OMG Network was benefitting from a \x93perfect storm\x94 of industry-wide developments. The craze around DeFi \x96 a subset that has exploded to well over $6 billion \x96 has seen a surge in activity on Ethereum, leading to soaring fees. There are also reports the testnet for Eth 2.0 \x96 a new iteration that would make the blockchain platform much more scalable \x96 crashed last week. As such, investors are beginning to look more closely at layer 2 solutions, he said. Ethereum\x92s average transaction fees rapidly shot up from under $0.10 in January to nearly $3.40 currently \x96 the first time fees have stayed so consistently high. Stablecoin Tether \x96 a notable "gas guzzler" \x96 said Wednesday it was launching on OMG Network so it could take some of the pressure off the base layer. See also: Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs Additional reporting by Omkar Godbole. Related: Bitcoin Has Lost Its Way: Here\x92s How to Return to Crypto\x92s Subversive Roots CORRECTION (Aug 20, 09:30 UTC): A previous version of this article referred to OMG Network by its old name, OmiseGo. This has since been corrected. Related Stories OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92 OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92 OMG Price Doubles as DeFi and Record Ethereum Fees Create \x91Perfect Storm\x92', 'The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look tolayer 2 solutions.\n• CoinGecko datashows OMG tokens have increased 115% from $1.70 to $3.65 in the past seven days – with the price surging by 30% in the past 24 hours.\n• The rally means OMG’s market cap has surged by approximately $275 million since this time last week.\n• OMG’s price has increased by nearly 1,000% since it fell to its all-time low of $0.35 after the Black Thursday crash in March.\n• Denis Vinokourov, research head at crypto exchange BeQuant, told CoinDesk OMG Network was benefitting from a “perfect storm” of industry-wide developments.\n• The craze around DeFi – a subset that has exploded towell over $6 billion– has seen a surge in activity on Ethereum, leading to soaring fees.\n• There are also reports the testnet for Eth 2.0 – a new iteration that would make the blockchain platform much more scalable – crashed last week.\n• As such, investors are beginning to look more closely at layer 2 solutions, he said.\n• Ethereum’s average transaction fees rapidly shot up from under $0.10 in January to nearly $3.40 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $217,268,749,875 - Hash Rate: 123002054.25292504 - Transaction Count: 333683.0 - Unique Addresses: 705709.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Marathon Patent Group has signed a purchase agreement with Chinese mining manufacturer Bitmain to drastically increase output with 10,500 new Antminer S-19 rigs at a total cost of $23 million. • The Nasdaq-listed mining company announced Friday the new order will see itsbitcoinmining capacity quadruple from 3,020 units to over 13,520 rigs. • Only last month, Marathonagreed to purchasea total of 1,360 rigs – 660 S-19s as well as 700 rigs from rival manufacturer MicroBT. • The new rigs will be installed this weekend at the company’s facility in Quebec. • Having started expanding capacity in Q4 2019, the company says it expects the additional hashrate will make its mining facility a revenue-earning venture. • Bitmain plans to ship 1,000 previously purchased rigs to Marathon in October and November. • The deal means the Las Vegas-based Marathon will soon become one of the largest operators in the whole of North America, making up 1.2% of total hashrate on the Bitcoin network. • Marathon’s stock price was up over 12% to just under $4 at press time. See also:Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs • Marathon Signs New $23M Contract With Bitmain for 10,500 Bitcoin Mining Rigs... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange. “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday. Also Thursday, U.S. Securities and Exchange Commission (SEC) posted a notice of effectiveness , officially clearing the sale. As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token. After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latest filing with the SEC. The net proceeds would be used to: Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives. Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default. The instruments on offer are a hybrid of utility and security tokens. Investors could use them to pay trading fees on INX’s platform. The tokens would also entitle holders to a share of company profits. Related: Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin INX’s sale would mark a milestone for the blockchain industry. It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors. Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance. INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest. Story continues It’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.) INX first signaled its intent to go public with a draft registration statement submitted in January 2018. The company filed its F-1 prospectus (the SEC’s form for foreign issuers) almost exactly a year ago. To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens. TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors. Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to his LinkedIn profile . UPDATE (Aug. 21, 15:00 UTC): Added sentence about notice of effectiveness from SEC. Related Stories INX Crypto Exchange to Launch $117M IPO Next Week INX Crypto Exchange to Launch $117M IPO Next Week INX Crypto Exchange to Launch $117M IPO Next Week", "INX Ltd. said it will launch its long-awaited landmark initial public offering (IPO) as soon as Monday, capping a nearly two-year journey for the startup cryptocurrency and security token exchange.\n• “It is anticipated that the offering will begin on Aug. 24, 2020, or shortly thereafter,” the Gibraltar-based company said in a press release Thursday.\n• Also Thursday, U.S. Securities and Exchange Commission (SEC) posted anotice of effectiveness, officially clearing the sale.\n• As previously reported, INX has priced its 130 million tokens, which are to run on the Ethereum blockchain, at $0.90 each, totaling $117 million in gross proceeds. This was smack in the middle of the target range of $0.80 to $1.00 per token.\n• After offering expenses and fees to advisory firm A-Labs, the sale would net up to $111 million, according to INX’s latestfilingwith the SEC.\nThe net proceeds would be used to:\n• Build INX Trading Solutions, a regulated exchange for cryptocurrencies, security tokens and derivatives.\n• Build a cash fund to protect the company and its customers in the event of a data breach, trading execution error or counterparty default.\nThe instruments on offer are a hybrid of utility and security tokens.\n• Investors could use them to pay trading fees on INX’s platform.\n• The tokens would also entitle holders to a share of company profits.\nRelated:Uber's Former Security Chief Charged With Trying to Conceal Hack Using Bitcoin\nINX’s sale would mark a milestone for the blockchain industry.\n• It would be the first security token offering (STO) registered with the SEC, and thus legally marketable to mom-and-pop investors.\n• Previous STOs were unregistered and limited to wealthy investors, with the issuers simply filing notices to the regulator; the initial coin offerings (ICO) of the 2017-2018 boom were conducted with little if any regard for compliance.\n• INX’s sale would also be one of very few IPOs in the blockchain industry and almost certainly the largest.\nIt’s been a long road for the company, whose U.S. operations are led by Executive Managing Director Alan Silbert. (His brother Barry is the CEO of Digital Currency Group, the parent company of CoinDesk.)\n• INX first signaled its intent to go public with adraft registration statementsubmitted in January 2018.\n• The company filed its F-1 prospectus (the SEC’s form for foreign issuers)almost exactly a year ago.\n• To comply with know-your-customer (KYC) regulations, INX has written a smart contract that allows only wallet addresses belonging to investors that have been vetted and put on a “whitelist” to receive the tokens.\n• TokenSoft, a registration agent that specializes in blockchain token offerings, is doing the KYC checks and maintaining the registry of investors.\n• Last month, INX hired Paz Diamant as its chief technology officer, regulatory filings show. Diamant is the former managing director of R&D and product at eToro, where he built the brokerage’s crypto trading system, according to hisLinkedIn profile.\nUPDATE (Aug. 21, 15:00 UTC):Added sentence about notice of effectiveness from SEC.\n• INX Crypto Exchange to Launch $117M IPO Next Week\n• INX Crypto Exchange to Launch $117M IPO Next Week\n• INX Crypto Exchange to Launch $117M IPO Next Week", 'The NASDAQ Composite finished at a record high on Thursday, with the run in heavyweight tech stocks also carrying the S&P 500 and Dow higher. Investors shrugged off downbeat U.S. economic data that affirmed the Federal Reserve’s view of a difficult road to economic recovery.\nIn the cash market on Thursday,the benchmark S&P 500 Indexsettled at 3385.51, up 10.66 or +0.36%.The blue chip Dow Jones Industrial Averagefinished at 27739.73, up 46.85 or +0.19% andthe technology-based NASDAQ Compositeclosed at 11264.95.\nThe NASDAQ clocked its 19threcord closing high since early June, when it confirmed its recovery from the coronavirus sell-off. Thursday’s record close was its 35thso far this year compared with 31 record closing highs in 2019 and 29 in 2018.\nMeanwhile, the benchmark S&P 500 Index completed its fastest recovery from a bear market this week, joining the NASDAQ in scaling new peaks. It also confirmed a bull market for the S&P 500 Index.\nStocks were pressured early in the session by data that showedinitial jobless claimsrose unexpectedly back above the 1 million mark last week after slipping below that level for the first time since the start of the pandemic.\nThe volatility in jobless claims followed the lapse of an extra $600 weekly unemployment benefit at the end of July and came as Democrats in Congress have failed to reach an agreement with the White House on extending it.\nAccording to the minutes released on Wednesday, the Fed’s latest policy meeting gave a somber assessment of the U.S. economy as it grapples with the pandemic, but ruled out, for now, more dovish easing policy measures.\nSeparate data from the Philadelphia Fed showed a business conditions index fell more than expected in August.\nEconomically sensitive financial and energy sectors were some of the biggest percentage losers among the major S&P sectors.\nGains inApple Inc.– the only publicly listed U.S. company to cross the $2 trillion market value milestone –Amazon.com Inc.andMicrosoft Corp.underpinned the three main indexes’ gains as investors bet they would ride out the economic crisis.\nNvidia Corp.edged higher after posting better than expected quarterly sales forecast.\nIntel Corp.rose after announcing a $10 billion share buyback plan.\nL Brands Inc.advanced after reporting a surprise quarterly profit, boosted by strong demand for Bath & Body Works’ products as well as higher online sales of Victoria’s Secret lingerie.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• US Stocks Finish Higher as Tech Stock Gains Offset Weak Economic Data\n• Gold Price Futures (GC) Technical Analysis – Strong Over $1949.40; Trigger Point for Breakdown is $1928.90\n• Fed Can Control Yield Curve. But It Can’t Control Gold\n• Crude Oil Price Update – Key Support Remains $42.01; Trigger Point for Breakdown is $41.33\n• Bitcoin Struggling to Break 78.6% Fib in Triangle\n• EUR/USD Daily Forecast – Euro Tries To Continue Its Rebound', 'The NASDAQ Composite finished at a record high on Thursday, with the run in heavyweight tech stocks also carrying the S&P 500 and Dow higher. Investors shrugged off downbeat U.S. economic data that affirmed the Federal Reserve’s view of a difficult road to economic recovery. In the cash market on Thursday, the benchmark S&P 500 Index settled at 3385.51, up 10.66 or +0.36%. The blue chip Dow Jones Industrial Average finished at 277 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $217,268,749,875 - Hash Rate: 130584372.6657766 - Transaction Count: 314297.0 - Unique Addresses: 675988.0 Social & AI Sentiment: - Fear & Greed Index: 0.81 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Casa, a Colorado-based provider of bitcoin security services, is launching a managed service allowing customers to buy and hold their own bitcoin, rather than using an external custodian like Coinbase. "With self-custody usingCasait's impossible to be hacked and nearly impossible to have your bitcoin stolen," wrote chief executive Nick Neuman in an email. "Leaving bitcoin on an exchange (e.g.Coinbaseor many others) opens it up to theft; there is a long history of bitcoin theft and hacks from exchanges." Just last year, the major cryptocurrency exchange Binance was hacked and thievesmade off with bitcointhat was worth $40 million at the time. Binance says more than $40 million in bitcoin stolen in ‘large scale’ hack Before the upgrade with the new product offering, bitcoin traders had to buy their bitcoin at an exchange and then move their bitcoin off the exchange to increase security. They can now be secure by default using Casa, according to Neuman. Bitcoin can now be purchased through Casa and deposited directly into a user's wallet on the service where they control the funds. Casa never has custody of the user's bitcoin at any point in the process, which the company said eliminates the risk of using an exchange. “With the dollardeclining in valueand a new era of potential inflation on the horizon, consumers are naturally looking for a safe asset class that’s outside the turbulence of the existing financial system,” said Neuman in a statement. “Traditionally, if investors wanted the security and control of Bitcoin self-custody, they had to jump through multiple hoops to register with an exchange, deposit funds for trading, and then move bitcoin to their wallet. As new users begin their Bitcoin journey, they have a much simpler and faster option for buying and securing their first bitcoin with Casa.”... - Reddit Posts (Sample): [['u/Federer107', 'I’m that Annoying guy who talks about Bitcoin and the Economy too much.', 14, '2020-08-21 00:12', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/', 'How does one stop?', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/', 'idk4aa', [['u/Mark_Bear', 12, '2020-08-21 00:44', 'https://www.reddit.com/r/Bitcoin/comments/idk4aa/im_that_annoying_guy_who_talks_about_bitcoin_and/g29lodf/', 'Most people have been very carefully brainwashed at great expense to believe that if the right President gets elected, all our problems will be solved. Few things are further from the truth.\n\nThe brainwashing also gets them to believe:\n\n* Once they get that new thing, they\'ll finally be happy\n* They should take out a loan to get that new thing\n* If they\'re not financially successful, it\'s their own fault because "the economy" is fine\n\nThe reality is:\n\n* You won\'t be happy with what you want until you start wanting what you have\n* Debt is a trap, a burden, and should be avoided as much as possible\n* The economy is NOT fine, it\'s quite fucked up and getting worse and criminal bankers are to blame\n\nThen people like us come along, singing a completely different tune.', 'idk4aa']]], ['u/ThePerito', 'Cultural Exchange between /r/Lebanon and /r/berlin', 53, '2020-08-21 19:00', 'https://www.reddit.com/r/lebanon/comments/ickeno/cultural_exchange_between_rlebanon_and_rberlin/', 'Welcome to the Cultural Exchange between [/r/Lebanon](https://www.reddit.com/r/Lebanon) and [/r/berlin](https://www.reddit.com/r/berlin/)/\n\nCourtesy of our friends over at [/r/berlin](https://www.reddit.com/r/berlin/)/ we are pleased to host our end of the cultural exchange between the two subreddits.\n\nThe purpose of this event is to allow people from two different regions to get and share knowledge about their respective cultures, daily life, history and curiosities.\n\n# General guidelines\n\n&#x200B;\n\n* Lebanese ask your questions about Berlin on their subreddit here: https://www.reddit.com/r/berlin/comments/ie0lyk/cultural_exchange_between_rberlin_and_rlebanon/\n* German friends will ask their questions about Lebanon on this thread itself.\n* English is generally recommended to be used to be used in both threads.\n* Event will be moderated, following the guidelines of Reddiquette and respective subreddit rules.\n\n# Quick introduction about Lebanon\n\n>Quick explanation of what is happening in Lebanon (Before the explosion): [https://imgur.com/a/Ixo3v8S](https://imgur.com/a/Ixo3v8S) \n> \n>Introduction \n> \n>Lebanon is a tiny country in the middle east. It\'s bordered by Syria from the north and east, Israel from the south, and the Mediterranean Sea from the west. Syria has been in a deadly civil war since 2012. Lebanon and Israel are officially "at war" since the inception of Israel, though currently there isn\'t any war going on, and the last real war between the two countries happened in 2006 and lasted only 30 days. \n> \n>Lebanon went into a long and deadly civil war in the 70s and 80s. It only ended when the war lords sat together and decided that instead of attempting to kill each other, why not become rulers and split the gains. Thus from the early 90s until today Lebanon has been ruled by the same warlords that fought in the civil war. The speaker of the parliament never changed, not even once, and the rest of MPs and politicians just switched ministries and places every few years to present the image of democracy. \n> \n>Lebanon also has Hizbollah, an organization that is labeled as a terrorist organization by many countries. Hizbollah has more powerful intillegence and military than the Lebanese government itself. The organization has unobstructed powers, for example, it started the 2006 war with Israel without the acceptance of the official Lebanese government. \n> \n>Lebanese politicians save their billions and billions of dollars in savings in banks across Europe, mainly Switzerland. \n> \n>Lebanon doesn\'t have oil, nor a serious construction sector. Lebanon relies on the service sector and tourism to survive, both of which are almost nonexistent at this point. Lebanon has a huge crippling debt. Lebanon\'s capital, Beirut, was voted the most expensive city to live in in the middle east two years ago. Lebanon\'s passport is one of the worst passports in the world and doesn\'t allow you to visit any notable country without a visa. \n> \n>October 2019 - Political, COVID-19 and Economical Problems\n> \n>In October 2019, the government approved a law that would increase taxes, and tax the usage of Whatsapp. The Lebanese population attempted a peaceful revolution, the country effectively closed down from October until December. The revolution was successful in forcing the government to resign, but wasn\'t able to make the president, MPs or speaker of the parliament resign. \n> \n>Things went to shit after that, unofficial capital control started in October. The bank declared that people can\'t withdraw money from their savings or current accounts. People weren\'t allowed to transfer money outside Lebanon or use any credit or debit card internationally. The government started considering a haircut. The currency started to lose value rapidly. \n> \n>The official rate is currently 1$ = 1,515 LBP while the black market rate is 1$ = 8,500 LBP \n> \n>The money stuck in the bank is useless, almost frozen because it can\'t be withdrawn without losing \\~65% of it\'s value and even then, in small quantities. \n> \n>Add to that COVID-19 is ripping the country. We\'re having exponential growth in the number of cases right now. \n> \n>The Explosion\n> \n>On August 4, 2020 multiple explosions occurred in Beirut Port that destroyed half the city, killed hundreds, with an additional large number of people missing, injured hundreds of thousands of people and made 300,000 people homeless. 80000 children displaced. The explosion was so big that it was heard and felt in Cyprus and Syria. There were reports of damages to properties from the explosions all over Lebanon, not just in Beirut. \n> \n>The explosion destroyed half of the city including busy hospitals, which ended up causing people to have to deliver or have critical operations using the flash light from the doctors\' cellphones. \n> \n>The explosion killed several foreign nationals including French, German, Canadian, American, and Australian citizens. \n> \n>This post is made to raise awareness about what happened in Lebanon by sharing the videos of the incident. Please note that those videos are graphic as they show the moment the explosion happened. \n> \n>Donation Help\n> \n>Any kind of monetary donation will go a LONG way during these times. \n> \n>You can donate using your credit card, paypal account, bank transfer or bitcoin donation. \n> \n>You can find a list of verified and safe NGOs to donate to here: [https://www.reddit.com/r/lebanon/comments/iaaksr/list\\_of\\_lebanese\\_ngos\\_that\\_are\\_verified\\_and\\_safe/](https://www.reddit.com/r/lebanon/comments/iaaksr/list_of_lebanese_ngos_that_are_verified_and_safe/) \n> \n>You can check out some of the videos here:\n> \n>* [https://www.youtube.com/watch?v=hQfJXrcTxRM](https://www.youtube.com/watch?v=hQfJXrcTxRM) \n> \n>* Angle #1 [https://streamable.com/xmmoa7](https://streamable.com/xmmoa7) \n> \n>* Angle #2 [https://streamable.com/nscx9m](https://streamable.com/nscx9m) \n> \n>* Angle #3 [https://streamable.com/zbjj5f](https://streamable.com/zbjj5f) \n> \n>* Angle #4 [https://streamable.com/saoafz](https://streamable.com/saoafz) \n> \n>* Angle #5 [https://streamable.com/4ga1vb](https://streamable.com/4ga1vb) \n> \n>* Angle #6 [https://streamable.com/lmivb2](https://streamable.com/lmivb2) \n> \n>* Angle #7 [https://streamable.com/mcy82f](https://streamable.com/mcy82f) \n> \n>* Angle #8 [https://streamable.com/zg9oal](https://streamable.com/zg9oal) \n> \n>* Angle #9 [https://streamable.com/zykkj6](https://streamable.com/zykkj6) \n> \n>* Angle #10 [https://streamable.com/22e152](https://streamable.com/22e152) \n> \n>* [https://twitter.com/HZLABZ/status/1290728687311233024](https://twitter.com/HZLABZ/status/1290728687311233024) \n> \n>* [https://www.instagram.com/tv/CDqBvxBhPzO/?igshid=nnq6omqpye0](https://www.instagram.com/tv/CDqBvxBhPzO/?igshid=nnq6omqpye0) \n> \n>* [https://www.youtube.com/watch?v=mLgzyUB58tI&feature=youtu.be](https://www.youtube.com/watch?v=mLgzyUB58tI&feature=youtu.be) \n> \n>* [https://www.youtube.com/watch?v=4hmj6BegDUU](https://www.youtube.com/watch?v=4hmj6BegDUU) \n> \n>* [https://www.youtube.com/watch?v=DdSHRbSZkwc](https://www.youtube.com/watch?v=DdSHRbSZkwc) \n> \n>* [https://www.youtube.com/watch?v=PUQ-QvCqDjA](https://www.youtube.com/watch?v=PUQ-QvCqDjA) \n> \n>* [https://www.youtube.com/watch?v=Ea04DriyYb4](https://www.youtube.com/watch?v=Ea04DriyYb4) \n> \n>* [https://twitter.com/Hasi10209552/status/1291280651920998400?s=09](https://twitter.com/Hasi10209552/status/1291280651920998400?s=09) \n> \n>* [https://www.youtube.com/watch?v=j1iwI2ZwENg](https://www.youtube.com/watch?v=j1iwI2ZwENg) \n> \n>* [https://www.youtube.com/watch?v=tFR1PJnLwg0&feature=youtu.be](https://www.youtube.com/watch?v=tFR1PJnLwg0&feature=youtu.be) \n> \n>* [https://www.youtube.com/watch?v=xgj7AcIZ4c8](https://www.youtube.com/watch?v=xgj7AcIZ4c8) \n> \n>* [https://www.youtube.com/watch?v=-WRyrF7v8Co&feature=youtu.be](https://www.youtube.com/watch?v=-WRyrF7v8Co&feature=youtu.be) \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: ['Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Related: Bitcoin News Roundup for Aug. 24, 2020 See also: S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery Today on The Breakdown’s Weekly Recap: People aren’t buying “the Great American Recovery” Let’s stop considering the economy as one thing Dave Portnoy doesn’t care about your principles DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on Bitcoin is being compared to the dollar not stocks and that’s serious progress This week on The Breakdown: Monday \| What’s Actually Happening With Inflation Right Now Tuesday \| How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann Wednesday \| S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery Related: Why Are Traditional Investors So Hungry for Yield Curve Control? Thursday \| The Most Pro-Bitcoin Politicians in the US Friday \| Winter Is Coming: Examining the Economy’s Eight-Body Problem For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories People Aren’t Buying the ‘Great American Recovery’ Narrative People Aren’t Buying the ‘Great American Recovery’ Narrative', 'Despite the stock market returning to all-time highs, many can’t shake the feeling that all is not well in the economy.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:Bitcoin News Roundup for Aug. 24, 2020\nSee also:S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery\n• People aren’t buying “the Great American Recovery”\n• Let’s stop considering the economy as one thing\n• Dave Portnoy doesn’t care about your principles\n• DeFi is the Wild West and saved only by the fact that no normie understands what the hell is going on\n• Bitcoinis being compared to the dollar not stocks and that’s serious progress\nMonday \|What’s Actually Happening With Inflation Right Now\nTuesday \|How Excess Capital and Low Interest Rates Reshaped Silicon Valley, Feat. Chris McCann\nWednesday \|S&P5 vs. S&P 500: The Real Story of the Stock Market Recovery\nRelated:Why Are Traditional Investors So Hungry for Yield Curve Control?\nThursday \|The Most Pro-Bitcoin Politicians in the US\nFriday \|Winter Is Coming: Examining the Economy’s Eight-Body Problem\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• People Aren’t Buying the ‘Great American Recovery’ Narrative\n• People Aren’t Buying the ‘Great American Recovery’ Narrative', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative.\nHer comments were included in The Block\'s newwide-ranging reporton central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today.\nNarula was quoted as saying:\n"We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation."\n"Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued.\nNarula also highlighted the work being done across the crypto landscape in this context.\n"The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted.\nRead The Block\'s new report,A Global Look at Central Bank Digital Currencies, by clickinghere.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative. Her comments were included in The Block\'s new wide-ranging report on central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today. Narula was quoted as saying: "We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation." "Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued. Narula also highlighted the work being done across the crypto landscape in this context. "The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted. Read The Block\'s new report, A Global Look at Central Bank Digital Currencies , by clicking here . © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.', 'The idea of wholly digital currencies isn\'t a new one, but it was bitcoin that added extra fuel to that long-running conversation, according to Neha Narula, director of MIT Digital Currency Initiative.\nHer comments were included in The Block\'s newwide-ranging reporton central bank digital currencies, which covers a range of R&D initiatives from around the world. In the report, Narula was asked about the "real opportunity" of CBDC, and at the outset, she pointed to bitcoin as a catalyst for the discussions happening today.\nNarula was quoted as saying:\n"We have the unique opportunity to design something that is like cash, for a digital context. Bitcoin kicked all of this off, which inspired the Bank of England to do some interesting writing on this. The idea of digital currency and e-money has been floating around for a while, but Bitcoin accelerated that conversation."\n"Now we have an opportunity to decide what [digital cash] could look like — but there are a lot of different stakeholders with different views and wants. We don\'t yet know how this will turn out," she continued.\nNarula also highlighted the work being done across the crypto landscape in this context.\n"The crypto world is a laboratory to experiment with these ideas, but it\'s still small. The real win is bringing this technology into the real world and seeing what the interfaces look like," she noted.\nRead The Block\'s new report,A Global Look at Central Bank Digital Currencies, by clickinghere.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.']... Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,950,070,412 - Hash Rate: 114577256.01642336 - Transaction Count: 311699.0 - Unique Addresses: 649053.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Toronto, Ontario--(Newsfile Corp. - July 2, 2020) - Bluesky Digital Assets Corp., (CSE: BTC), (CSE: BTC.PR.A), (OTC Pink: BTCWD), ("Bluesky" or the "Corporation") announced today that Ms. Evelin Wong has resigned as the Corporation's CFO with immediate effect. The Corporation has appointed Mr. Frank Kordy as CFO on an Interim basis. Mr. Kordy previously served as the Corporation's CFO from December 2013 to December 2015. Mr. Kordy has served in the capacity of CFO for several CSE and TSXV listed entities. Mr. Frank Kordy Director stated: "I would like to thank Ms. Wong for her efforts and support in serving in the capacity of both Controller and then as CFO over the course of the last four years and I wish her nothing but success in all of her future endeavours." About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital currency enterprise. Bluesky mines digital currencies, such as Bitcoin and Ether, and is developing value-added technology services for the digital currency market, such as digital mining proprietary software. Offering a complete ecosystem of value-creation, Bluesky is targeting reinvesting appropriate portions of its digital currency mining profits back into its operations. A percentage of the profit will be invested in the development of a proprietary Artificial Intelligence ("AI") based technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging digital currency industry. The Corporation is poised to capture value in successive phases as this industry continues to scale. For more information please visit www.blueskydigitalassets.com . For further information please contact: Mr. Steve Low Investor Relations Boom Capital Markets . T: (647) 620-5101 E: [email protected] Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp T: (416) 363-3833 E: [email protected] Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Story continues Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59070... - Reddit Posts (Sample): [['u/ridenourt', 'Time to buy in', 58, '2020-08-22 02:44', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/', "Lets start off by saying I have called a lot of the dips back in 2016-2020 just check my posts on here and bitcointalk. I know this might dip, and hell we might even see 10,500-11K again. There is just too many forces at work for this not to go a lot higher though.\n\n\\#1 is you have Greyscale and other companies picking up huge amounts of bitcoin almost double even what the miners are able to produce per block. Simply put the supply is dwindling and the upward pressure will be too strong at some point. The miners tend to sell some of their rewards, but they are not selling all. \n\n\\#2 The dollar is in a really bad situation here. If people are noticing the main correlation of where bitcoin price goes it lies in the strength/weakness of the dollar. With 28 trillion in debt I am not sure how we make it out of this hole. I don't think you will see it completely collapse, however the printing presses are really going full tilt which inflation is under control right now, but for how long ? One of the major currencies Dollar, Yen, Euro, or Yuan will come close to collapsing in the next few years. Fiat can only go for so long before it needs a hard re-set. \n\n\\#3 Mining rewards were halved. I know this was months ago, but not having double the bitcoin being dumped is a huge advantage. The bitcoin is in strong hands / hodlers.\n\n\\#3 the Defi game has changed the landscape. More and more people are going to jump on the Defi bandwagon and get their bitcoins wrapped or use Blockfi, Aave ect. In the short term these can be used to short bitcoin, but it's already creating a wave of buying so people can get the yield. This has more advantages on upward price movements as it will control the tempo. On the other side of this however is in a year or two one of these will blow up taking everyone's btc with them so be careful.\n\n\\#4 On August 1st we had a sell off where they pushed the bid down from 12k to 10,500 in 15 minutes on massive sell orders and some stop loss selling. Each tumble like that is getting more and more expensive. These pushes are to scoop up the derivatives they buy before the major sell offs . This has been a ongoing trend in bitcoin from even the early years (not the derivatives side). As time goes on and there are less and less coins these are getting way more expensive to manipulate it on the short side. That's why they did the dump in such a short time frame, because the longer the dump is going to cost even more money. \n\nOverall I can really see this taking off again soon after the consolidation. I also believe we take out the ATH here in a few months.", 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/', 'ie90c1', [['u/Mark_Bear', 14, '2020-08-22 03:22', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/g2dznnv/', 'I hear what you\'re saying. \n\nPoints 3, 3, and 4: agreement. \n\nPoint1. Good point. For me, it\'s a maybe. Maybe Grayscale is buying actual Bitcoin, maybe not. Maybe we\'re seeing something like \'rehypothecation\' where the custodian has 1 BTC and they tell 2, 3, or 37 different people that it belongs to them. Maybe not. I\'ve been around to know better than to trust these kinds of people. \n\nPoint2: Yes. Eventually. We might have deflation first, then hyperinflation. Maybe not. But hyperinflation, sooner or later. \n\n&#x200B;\n\nYou\'re screaming, "DEflation!!" I can hear it from here. How? Good question. Think about the fiat currency global banking system. QE "money printing" aside, money was created when loans were taken out -- fractional reserve lending. Therefore, (fiat, fractional-reserve) money is destroyed (goes back into thin air) when loans are payed off, or go bad. We\'re seeing a lot of bad loans, and we\'re about to see even more: Mortgages for homes and for rental properties. Business loans. Bonds. Government loans at all levels. Student debt. Auto loans. Credit card debt. Second mortgages. Boat loans. Furniture. Stocks bought on margin. Etc. \n\nAs much of that debt goes bad, it creates deflation pressure. \n\n&#x200B;\n\nLook at 1929, for example. There was deflation. In the current global banking system, deflation is like trying to ride a motorcycle downhill and backwards. Eventually you crash. \n\n&#x200B;\n\nEventually, hyperinflation. For now, much of the money "printed" by the Federal Reserve is going to cronies and bankers and people who are already ultra-rich. The "theory" used to tell us that it "trickles down" to the common man, but that has been shown to be total bullshit. So, most of that newly created money is not helping people to make loan payments. \n\nBasically, the central bankers and their cronies are "stealing everything worth owning". That\'s also a reason to own Bitcoin starting now... The Fed can\'t "print" Bitcoins and the government cannot confiscate them (if they\'re stored properly). \n\n&#x200B;\n\nAnyhow, I need to go buy the dip now.', 'ie90c1'], ['u/jcoinner', 12, '2020-08-22 03:35', 'https://www.reddit.com/r/Bitcoin/comments/ie90c1/time_to_buy_in/g2e11o3/', 'Only a super heavy duty blender can do that.', 'ie90c1']]], ['u/SpockSays', 'Does the lightning network have "equal" qualities to the base layer of the bitcoin protocol?', 29, '2020-08-22 04:38', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/', 'For example, the bitcoin protocol when operating on the base layer has these qualities: Finality, uncensorable, unseizable, unfreezable, permissionless, borderless.\n\nThese qualities are what make bitcoin, bitcoin.\n\nDoes using lightning network encompass all of these same qualities?\n\nIf not, what are the trade offs?\n\nIs there a good reading, video, or podcast that covers this specific question with more depth?', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/', 'ieaoga', [['u/andreasma', 19, '2020-08-22 05:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/ieaoga/does_the_lightning_network_have_equal_qualities/g2eh26j/', 'Yes, equal and in some of those qualities Lightning is actually better. \n\nFaster finality, better privacy, less censorable.', 'ieaoga']]], ['u/AutoModerator', '[Daily Discussion] Saturday, August 22, 2020', 50, '2020-08-22 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/', 'iebvi7', [['u/my_alt_account', 15, '2020-08-22 07:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2eyyz3/', "I'm buying this dip.", 'iebvi7'], ['u/freq-ee', 24, '2020-08-22 07:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2f2852/', 'I think people lose perspective. BTC is down a few hundred dollars and you have people saying a crash is coming. BTC swings a thousand dollars or more at a time. \n\nPeople were so ready for $15K that when it drops $300 they think the world is ending.\n\nUnless your leveraged, there is really no reason to even worry at this level. Even if you bought at $12.4K you just have to wait a month or two at the most. It will at least touch that level again.', 'iebvi7'], ['u/CrypticallyDodge', 16, '2020-08-22 08:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2fbdgd/', 'Considering what? Seems like an overly bearish call to me at this point', 'iebvi7'], ['u/unvocal_username', 11, '2020-08-22 09:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2fi8kp/', 'Considering he has a position I guess', 'iebvi7'], ['u/aaj094', 19, '2020-08-22 12:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2g1eh0/', '[https://stephanlivera.com/episode/203/](https://stephanlivera.com/episode/203/)\n\nRaoul Pal - Bitcoin and Macro collide.', 'iebvi7'], ['u/chougattai', 12, '2020-08-22 14:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2gh58b/', 'So buy the dip is only a valid strategy if you time the absolute bottom of a trend? Lol.', 'iebvi7'], ['u/thearmthearm', 15, '2020-08-22 15:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/iebvi7/daily_discussion_saturday_august_22_2020/g2goskl/', 'Are there any Blockfi users here? I\'m comfortable with the risk but get flashes of top voted "Not your keys..." comments on the other subreddit lol. Anyone ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.24% on Saturday. Partially reversing a 2.81% loss from Friday, Bitcoin ended the day at $11,673.5.\nIt was a bearish start to the day. Bitcoin slid to an early morning intraday low $11,369.5 before finding support.\nThe reversal saw Bitcoin fall through the first major support level at $11,379.67 before rising to a late intraday high $11,692.0.\nFalling short of the first major resistance level at $11,783.67, Bitcoin wrapped up the day at sub-$11,700 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day for the majors on Saturday.\nEOS (+3.48%), Tezos (+5.69%), and Tron’s TRX (+3.61%) led the way.\nBitcoin Cash ABC (+2.30%), Litecoin (+2.08%), Monero’s XMR (+2.55%), Ripple’s XRP (+2.50%), and Stellar’s Lumen (+2.65%) also found strong support.\nBinance Coin (+0.59%), Bitcoin Cash SV (+0.36%), Cardano’s ADA (+1.68%), and Ethereum (+1.96%) trailed the front runners.\nIn the current week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.56bn. At the time of writing, the total market cap stood at $351.70bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.27%.\nAt the time of writing, Bitcoin was down by 0.08% to $11,664.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,694.5 before falling to a low $11,660.5.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash ABC (+0.06%), Bitcoin Cash SV (+0.33%), and Cardano’s ADA (+0.07% found early support.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.51% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $11,578 to support a run at the first major resistance level at $11,787.\nSupport from the broader market would be needed, however, for Bitcoin to break out Saturday’s high $11,692.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,901 and resistance at $12,000.\nFailure to avoid a fall through the $11,578 pivot level would bring the first major support level at $11,465 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid the second major support level at $11,256.\nIn the event of an extended sell-off, Bitcoin could test support at $11,000 before any recovery.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Weekly Price Forecast – Natural Gas Markets Stall Ahead of Major Level\n• S&P 500 Price Forecast – Stock Markets Continue to Tread Water\n• The Crypto Daily – Movers and Shakers – August 22nd, 2020\n• USD/CAD Daily Forecast – Stuck Near 1.3200\n• U.S Mortgage Rates Rise Again but Remain at sub-3% Supporting Home Buyers\n• Gold Price Prediction – Prices Slip Falling 0.3% for the Week as the Dollar Turns Higher', 'Bitcoin, BTC to USD, rose by 1.24% on Saturday. Partially reversing a 2.81% loss from Friday, Bitcoin ended the day at $11,673.5. It was a bearish start to the day. Bitcoin slid to an early morning intraday low $11,369.5 before finding support. The reversal saw Bitcoin fall through the first major support level at $11,379.67 before rising to a late intraday high $11,692.0. Falling short of the first major resistance level at $11,783.67, Bitcoin wrapped up the day at sub-$11,700 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Saturday. EOS (+3.48%), Tezos (+5.69%), and Tron’s TRX (+3.61%) led the way. Bitcoin Cash ABC (+2.30%), Litecoin (+2.08%), Monero’s XMR (+2.55%), Ripple’s XRP (+2.50%), and Stellar’s Lumen (+2.65%) also found strong support. Binance Coin (+0.59%), Bitcoin Cash SV (+0.36%), Cardano’s ADA (+1.68%), and Ethereum (+1.96%) trailed the front runners. In the current week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.56bn. At the time of writing, the total market cap stood at $351.70bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.27%. This Morning At the time of writing, Bitcoin was down by 0.08% to $11,664.5. A mixed start to the day saw Bitcoin rise to an early morning high $11,694.5 before falling to a low $11,660.5. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.06%), Bitcoin Cash SV (+0.33%), and Cardano’s ADA (+0.07% found early support. It was bearish for the rest of the majors, however. Story continues At the time of writing, Tron’s TRX was down by 1.51% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,578 to support a run at the first major resistance level at $11,787. Support from the broader market would be needed, however, for Bitcoin to break out Saturday’s high $11,692.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,901 and resistance at $12,000. Failure to avoid a fall through the $11,578 pivot level would bring the first major support level at $11,465 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid the second major support level at $11,256. In the event of an extended sell-off, Bitcoin could test support at $11,000 before any recovery. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Weekly Price Forecast – Natural Gas Markets Stall Ahead of Major Level S&P 500 Price Forecast – Stock Markets Continue to Tread Water The Crypto Daily – Movers and Shakers – August 22nd, 2020 USD/CAD Daily Forecast – Stuck Near 1.3200 U.S Mortgage Rates Rise Again but Remain at sub-3% Supporting Home Buyers Gold Price Prediction – Prices Slip Falling 0.3% for the Week as the Dollar Turns Higher', 'SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 /PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it\'s novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty.\nOn August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards.\nIn less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September\'s mainnet launch.\nDesigned for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining.\nThe product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN.\nInspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain.\nAbout PlotX\nPlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w.\nThe PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas.\nFounded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor.\nFor more information seehttps://www.plotx.io/\nMedia Contact:\nDan [email protected]+972-545-464-238SOURCE: PlotX\nView source version on accesswire.com:https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets', 'SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 / PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,950,070,412 - Hash Rate: 132269332.31307696 - Transaction Count: 288728.0 - Unique Addresses: 569381.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Shoppers at Walmart stores can now earn the cryptocurrency equivalent of cashback when they spend in-store. StormX , a blockchain-based loyalty rewards platform, has enabled a ‘cryptoback’ option of 4% on Walmart purchases, and up to 14% for super-users of the rewards app. The mobile and web app developed by the Seoul-headquartered StormX also supports purchases from major brands including Samsung, Target, Microsoft (NASDAQ: MSFT ), and Uber (NASDAQ: UBER ). Walmart (NYSE: WMT ) is the largest retail chain StormX has added to date, and is the only cryptoback rewards service currently supported by the US multinational retail corporation. “Walmart is synonymous with choice and value, and we are thrilled to further incentivize users to shop there,” said StormX CEO Simon Yu. “As the only crypto cashback program for Walmart worldwide, we are confident that users will take advantage of the rewards program to earn their favorite cryptocurrency while shopping at their favorite retailer.” Loyalty Apps Make It Easier to Claim Crypto Loyalty rewards platforms such as StormX have emerged as a popular means of onboarding people to the cryptocurrency economy. Until relatively recently, retail users were obliged to go through exchanges or brokerages to acquire digital assets, which entails friction. Crypto-based rewards programs provide the means for shoppers to passively earn crypto without changing their behavior. In addition to claiming cryptoback for shopping in-store and online, StormX users can earn crypto for completing tasks, making the app an all-in-one earning portal. Available on iOS, Android, and as a Chrome browser extension, StormX includes a non-custodial wallet for storing assets like BTC, ETH, LTC, and the native STMX token. Defi Mania Fuels Crypto Craving The cryptocurrency market is currently undergoing a resurgence, fueled by demand for decentralized finance (defi) and led by digital assets such as BTC, ETH, and LINK. The latter is up over 100% in the past month, and was boosted on August 13 by stock trader Dave Portnoy buying $50K of LINK on Gemini after being shown the ropes by the exchange’s owners, the Winklevoss twins. Portnoy shared his experience with his 1.7 million Twitter followers, and BTC and ETH both rallied strongly shortly afterward. Story continues In addition to onboarding newcomers to crypto, platforms such as StormX complete the circle by providing an off-ramp for holders of crypto assets, allowing tokens to be stored in its integrated wallet and then spent. Other companies bridging the gap between fiat and crypto worlds include payment gateways such as Simplex and Metal Pay by making it easier to switch between digital assets and fiat currency instantly and at low cost. StormX’s integration with Walmart will further blur the lines between traditional and digital finance, while helping to place crypto in the hands of consumers via smartphone devices. Disclosure: None.... - Reddit Posts (Sample): [['u/A_solo_tripper', '[MegaThread] US IRS Cryptocurrency Letter Of 2020', 28, '2020-08-23 00:42', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/', "I just received a letter in the mail from the IRS stating that they are aware that I have crypto, and did not claim it yet. I'm sure others have received the same letter. So, if you want to post information here, you can. I thought that it would be better if we can choose the route in which to proceed all in one place. I am not suggesting that you do anything here. We can just share information, and thoughts.\n\nMy questions are what should be reported? Buying AND Selling? Report how much you bought them at? And Sold them AT? What If I didn't sell them? What if I misplaced them? Lost them? Sold them to a friend?\n\nWhat are our rights? \n\nSOrry if this is a repost. \n\n-------------------------------------\n\nArticle about how the IRS shouldn't be doing this:\n\nhttps://www.coindesk.com/irs-crypto-letter\n\nRead on how to buy bitcoin without kyc:\n\nhttps://keybase.pub/heady_wook/Wook_H_2020_How_to_buy_non_KYC_Bitcoin_with_a_US_Postal_Money_Order.pdf👇", 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/', 'ies3la', [['u/Antonshka', 12, '2020-08-23 01:04', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2j1x6m/', 'Post the letter, I don’t know what you are talking about', 'ies3la'], ['u/Alh12984', 10, '2020-08-23 02:18', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2j9l7r/', 'My thoughts exactly. We get taxed on the money we earn, them buy stuff with that taxed money, only to be taxed a few more times.', 'ies3la'], ['u/_rofl-copter_', 13, '2020-08-23 02:23', 'https://www.reddit.com/r/Bitcoin/comments/ies3la/megathread_us_irs_cryptocurrency_letter_of_2020/g2ja47f/', 'No, you are supposed to report the antique sale as a capital gain, people just tend not to. If for example though you bought and resold antiques frequently (another common example might be comic books), the difference in your bought/sold prices are taxable and if the IRS knew about it and it was significant they would come after you.\n\n[https://www.investopedia.com/articles/personal-finance/061715/how-are-collectibles-taxed.asp](https://www.investopedia.com/articles/personal-finance/061715/how-are-collectibles-taxed.asp)', 'ies3la']]], ['u/atrueretard', 'What are your thoughts on the Coinbase IPO - the Bitcoin exchange.', 48, '2020-08-23 02:43', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/', 'Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin\'s held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.\n\n&#x200B;\n\nThe IPO is upcoming and expected to valued at $8 billion . So what are your thoughts? Is this like investing in TD Ameritade in the early days of the stock market?\n\n&#x200B;\n\n&#x200B;\n\n2017 Revenues = $1 billion\n\n2019 Revenues = $2 billion\n\nNumber of Employees 1,123', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/', 'ietz9v', [['u/Savik519', 17, '2020-08-23 02:57', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jdp7m/', '>Is this like investing in TD Ameritade in the early days of the stock market?\n\n100% yes. \n\nWill they actually have an IPO? Last I read they were looking to direct listing instead.', 'ietz9v'], ['u/ja900', 17, '2020-08-23 03:06', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jeodt/', "I'd rather own Square - the cash app has crypto trading.", 'ietz9v'], ['u/SupremelyRetardead', 13, '2020-08-23 05:19', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jrq6s/', 'Personally, I dislike coin base. Their transfer time on usable funds is infuriating and unnecessarily long considering most trading apps are 2-3 days or offer instant buying power. They do however offer the most altcoins in the most straight forward way. Everything else I’ve read regarding their growth potential is exciting. So while I prefer to invest in crypto on Gemini I’ll likely buy shares once coinbase ipos', 'ietz9v'], ['u/drumboy256', 27, '2020-08-23 06:56', 'https://www.reddit.com/r/investing/comments/ietz9v/what_are_your_thoughts_on_the_coinbase_ipo_the/g2jzqed/', 'Fuck Brian Armstrong and his shitty views on selling out their entire user base to the United States government. That said, I will buy their stock .', 'ietz9v']]], ['u/fatalglory', "Tortuga: The lightweight, non-custodial, self-hosted payment gateway you've been waiting for!", 54, '2020-08-23 02:57', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/', 'I\'m very pleased to announce the availability of my payment-gateway project: *Tortuga.\n\nTortuga lets you sell a digital file for cryptocurrency. All you need to be able to do is run a docker container (I run mine on a little VPS from digital ocean).\n\nBenefits:\n\n Totally non-custodial. Funds go directly to you.\n* Uses an xpub key, so every transaction goes to a new address (essential for privacy).\n* No need to share any personal information with anyone (in contrast to hosted solutions like BitPay or CoinGate).\n* No need to run your own full node in order to sell stuff (in contrast to BTCPayServer). Uses [rest.bitcoin.com](https://rest.bitcoin.com) and [blockchain.info](https://blockchain.info) to verify transactions.\n* A checkout link is just a url that looks like [https://yourwebsite/checkout/bitcoin-cash/your-product-code](https://yourwebsite/checkout/bitcoin-cash/your-product-code) . Include it as a link on any website. No need to run any specific CMS or eCommerce platform (e.g. wordpress/woocommerce).\n* Each buyer gets a unique download URL, which will work for a fixed number of downloads of the file.\n\nCurrent Limitations:\n\n* For now, Tortuga only supports selling digital files. There\'s no support for handling other types of products or services.\n* For now, orders are limited to a single product/file/download. Largely because that\'s all I needed for myself at the moment.\n\nSupported cryptocurrencies:\n\n* Bitcoin Cash (BCH) is supported natively.\n* Nano (NANO/XRB) is supported via BrainBlocks.\n* Monero (XMR) is in the works and coming soon.\n* Possibly BTC and DASH in the future.\n\nYou can read more about it at [https://github.com/unyieldinggrace/tortuga](https://github.com/unyieldinggrace/tortuga)\n\nThe deployment instructions on the github page should be sufficient for technical users. I\'ll try to make time to write a step-by-step setup tutorial on [read.cash](https://read.cash) at some stage (or if someone else wants to do it, that might be a good way to score tips!).\n\nMotivation:\n\nI made this payment gateway for idealistic reasons. I wrote a book called Taxation is Slavery: The Biblical Case for Libertarian Politics. Among many other things, this book argues that fiat money-printing is a form of immoral counterfeiting, and that we should attempt to secede from the fiat power structures by using cryptocurrency. To live that out, I was determined to find a way to sell the book directly to readers, completely peer-to-peer. In this way, I\'m helping to "close the loop". I\'m giving people something good to spend their (crypto) money on, without either them or me ever having to convert it to fiat.\n\nThe book also includes a brief sub-chapter on how the very existence of Bitcoin should force many Christians to re-evaluate the way they understand Jesus\' statement about "giving to Ceasar what is Caesar\'s". Bitcoin has no president or king\'s face on it. There is no engraving of any Caesar. Thinking this through might be of interest to many Bitcoin fans :)\n\nReady to see it in action?\n\nYou can test out the payment gateway by seeing how I use it on my own site. Just click one of the crypto checkout buttons at [https://beingbiblical.com/books/taxation-is-slavery](https://beingbiblical.com/books/taxation-is-slavery)', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/', 'ieu6th', [['u/jonas_h', 11, '2020-08-23 03:12', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/g2jf81h/', 'Awesome work!', 'ieu6th'], ['u/MemoryDealers', 15, '2020-08-23 04:20', 'https://www.reddit.com/r/btc/comments/ieu6th/tortuga_the_lightweight_noncustodial_selfhosted/g2jlyo8/', 'This is fantastic! Someone should start selling digital gift cards this way.', 'ieu6th']]], ['u/atrueretard', 'What are your thoughts on the Coinbase IPO - the Bitcoin exchange.', 37, '2020-08-23 04:16', 'https://www.reddit.com/r/StockMarket/comments/ievb04/what_are_your_thoughts_on_the_coinbase_ipo_the/', ' Coinbase is a Bitcoin exchange. They offer a few shitcoins too, with room to expand to more shitcoins. They make most of their money off trading fees. Recently they started offering custody services which i think will be more popular with instituational investors since it defers the "i got hacked" risk. They are rapidly growing in trading volume and are currently the largest exchange, in both bitcoin\'s held (approx 900,000 BTC) and in USD/BTC trading volume currently $80 million dollars daily.\n\nThe IPO is upcoming and expected to valued at $8 billion . So what are your tho... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slipped by 0.17% on Sunday. Following a 1.37% gain on Saturday, Bitcoin ended the week down by 2.19% to $11,663.0. It was a mixed start to the day. Bitcoin rose to an early morning high $11,709.0 before hitting reverse. Falling short of the first major resistance level at $11,787, Bitcoin slid to a late morning intraday low $11,538.0. Steering clear of the first major support level at $11,465, Bitcoin struck a late intraday high $11,736. Falling short of the first major resistance level at $11,787, Bitcoin fell back to $11,650 levels before finding support. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Litecoin and Stellar’s Lumen rose by 0.53% and by 0.60% to buck the trend on the day. It was a bearish day for the rest of the majors. Cardano’s ADA (-3.17%), Monero’s XMR (-3.73%) and Tron’s TRX (-3.52%) led the way down. Binance Coin (-1.71%), Bitcoin Cash ABC (-1.12%), Bitcoin Cash SV (-1.57%), EOS (-1.36%), Ethereum (-1.23%), and Tezos (-1.85%) also struggled. Ripple’s XRP (-0.42%) saw modest losses on the day. For the week, it was a bearish for the majors, however. Tezos (-17.18%), EOS (-14.44%), Tron’s TRX (-13.82%), Bitcoin Cash SV (-13.10%), Cardano’s ADA (-12.59%), and Stellar’s Lumen (-10.86%) led the way down. Binance Coin (-7.18%), Bitcoin Cash ABC (-6.49%), Ethereum (-9.92%), Litecoin (-5.22%), and Ripple’s XRP (-6.52%) also struggled. Monero’s XMR fell by just 0.22%, however. In the week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.58bn. At the time of writing, the total market cap stood at $349.94bn. Bitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.41%. Story continues This Morning At the time of writing, Bitcoin was down by 0.31% to $11,627.3. A bearish start to the day saw Bitcoin fall from an early morning high $11,667 to a low $11,605.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a bearish start to the day. At the time of writing, Stellar’s Lumen was down by 1.46% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,646 to support a run at the first major resistance level at $11,753. Support from the broader market would be needed, however, for Bitcoin to break out Sunday’s high $11,736.0. Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,844 before any pullback. Failure to move through the $11,646 pivot level would bring the first major support level at $11,555 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 and the second major support level at $11,448. In the event of an extended sell-off, Bitcoin could test the third major support level at $11,250 before any recovery. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Stats, Geopolitics, COVID-19, and the Jackson Hole in Focus European Equities: Futures Point Northwards, with no Stats in Focus Today Advanced Micro Devices Near All-Time High After Historic Breakout European Equities: A Week in Review – 22/08/20 Natural Gas Price Fundamental Daily Forecast – Focus Shifts to Potential Production Disruption The Weekly Wrap – Private Sector PMIs, Monetary Policy, and Geopolitics Drove the Majors', 'Bitcoin, BTC to USD, slipped by 0.17% on Sunday. Following a 1.37% gain on Saturday, Bitcoin ended the week down by 2.19% to $11,663.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $11,709.0 before hitting reverse.\nFalling short of the first major resistance level at $11,787, Bitcoin slid to a late morning intraday low $11,538.0.\nSteering clear of the first major support level at $11,465, Bitcoin struck a late intraday high $11,736.\nFalling short of the first major resistance level at $11,787, Bitcoin fell back to $11,650 levels before finding support.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Sunday.\nLitecoin and Stellar’s Lumen rose by 0.53% and by 0.60% to buck the trend on the day.\nIt was a bearish day for the rest of the majors.\nCardano’s ADA (-3.17%), Monero’s XMR (-3.73%) and Tron’s TRX (-3.52%) led the way down.\nBinance Coin (-1.71%), Bitcoin Cash ABC (-1.12%), Bitcoin Cash SV (-1.57%), EOS (-1.36%), Ethereum (-1.23%), and Tezos (-1.85%) also struggled.\nRipple’s XRP (-0.42%) saw modest losses on the day.\nFor the week, it was a bearish for the majors, however.\nTezos (-17.18%), EOS (-14.44%), Tron’s TRX (-13.82%), Bitcoin Cash SV (-13.10%), Cardano’s ADA (-12.59%), and Stellar’s Lumen (-10.86%) led the way down.\nBinance Coin (-7.18%), Bitcoin Cash ABC (-6.49%), Ethereum (-9.92%), Litecoin (-5.22%), and Ripple’s XRP (-6.52%) also struggled.\nMonero’s XMR fell by just 0.22%, however.\nIn the week, the crypto total market rose to a Monday high $384.00bn before sliding to a Saturday low $338.58bn. At the time of writing, the total market cap stood at $349.94bn.\nBitcoin’s dominance fell to a Monday low 59.97% before rising to a Wednesday high 62.00%. At the time of writing, Bitcoin’s dominance stood at 61.41%.\nAt the time of writing, Bitcoin was down by 0.31% to $11,627.3. A bearish start to the day saw Bitcoin fall from an early morning high $11,667 to a low $11,605.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bearish start to the day.\nAt the time of writing, Stellar’s Lumen was down by 1.46% to lead the way down.\nBitcoin would need to move through the pivot level at $11,646 to support a run at the first major resistance level at $11,753.\nSupport from the broader market would be needed, however, for Bitcoin to break out Sunday’s high $11,736.0.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,844 before any pullback.\nFailure to move through the $11,646 pivot level would bring the first major support level at $11,555 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 and the second major support level at $11,448.\nIn the event of an extended sell-off, Bitcoin could test the third major support level at $11,250 before any recovery.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Stats, Geopolitics, COVID-19, and the Jackson Hole in Focus\n• European Equities: Futures Point Northwards, with no Stats in Focus Today\n• Advanced Micro Devices Near All-Time High After Historic Breakout\n• European Equities: A Week in Review – 22/08/20\n• Natural Gas Price Fundamental Daily Forecast – Focus Shifts to Potential Production Disruption\n• The Weekly Wrap – Private Sector PMIs, Monetary Policy, and Geopolitics Drove the Majors', 'It’s was a quiet start to the day on theeconomic calendarthis morning. \xa0The Kiwi Dollar was in action in the early part of the day.\nAway from the economic calendar, risk appetite picked up on news that the U.S FDA approved the use of blood plasma from recovered patients to treat COVID-19.\nEffective COVID-19 treatment would ease the effects of the persistent spread of the virus on the global economy.\nRetail sales tumbled by 14.6% in the 2ndquarter, following a 1.20% decline in the 1stquarter. For the quarter, core retail sales slid by 13.7%. In the 1stquarter, core retail sales had risen by 0.60%.\nAccording toNZ Stats,\n• Spending on eating out, accommodation away from home, vehicles, and fuel fell sharply in the June 2020 quarter compared with the June 2019 quarter.\n• A strong rise in supermarket and grocery sales partly offset the slump.\n• COVID-19 restrictions led to the marked decline in retail sales in the quarter. Non-essential businesses had been temporarily closed for close to half of the 2nd\nLooking at the numbers,\n• Sales for food and beverage services slumped by 40%, with fuel retailing sliding by 35%.\n• Accommodation services slid by 44%, with motor vehicles and parts retailing down by 22%.\n• Supermarket and grocery store sales jumped by 12% off the back of a record 13% rise in the March 2020 quarter.\nThe Kiwi Dollar moved from $0.65394 to $0.65434 upon release of the figures. At the time of writing, theKiwi Dollarwas up by 0.08% to $0.6546.\nAt the time of writing, theJapanese Yenwas up by 0.08% ¥105.72 against the U.S Dollar, with theAussie Dollarup by 0.18% to $0.7174.\nIt’s a particularly quiet day ahead on theeconomic calendar. There are no material stats to provide the EUR with direction.\nFollowing last week’s ECB monetary policy meeting minutes and private sector PMIs, the EUR could be under pressure today.\nGeopolitics will be in focus, with the markets tracking chatter from Beijing and Washington and updates on Brexit.\nAt the time of writing, theEURwas up by 0.06% to $1.1804.\nIt’s also a particularly quiet day ahead on theeconomic calendar. There are no material stats to provide the Pound with direction.\nA lack of stats will leave the Pound in the hands of Brexit, the latest COVID-19 numbers, and geopolitical risk.\nWe’ve seen the Eurozone economic recovery come undone due to fresh spikes in COVID-19 cases. Expect the same for the UK should new cases spike, which would be negative for the Pound Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,950,070,412 - Hash Rate: 128441437.17505692 - Transaction Count: 329133.0 - Unique Addresses: 674821.0 Social & AI Sentiment: - Fear & Greed Index: 0.78 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: In cryptocurrency markets, newfangled “decentralized exchanges” like Kyber are piddling compared with more-established and centralized venues like Binance. But in the eyes of traders, it’s the upstarts who are winning lately – at least based on the year-to-date performance of digital tokens affiliated with the various exchanges. Take Kyber Network Crystal (KNC), which is used to pay trading fees on the decentralized exchange Kyber. The token’s price has surged eight-fold in 2020. That compares with a 21% gain for Binance Coin (BNB), which customers of the exchange can use to pay trading fees, at a discounted rate. Related:Blockchain Bites: Coinbase's Untraditional Investor Day and the Ethereum-EOS Arms Race in Latin America You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Part of the performance gap is due to the fast growth in usage of Kyber, one of the biggest players in the white-hot arena of decentralized finance, or DeFi. Daily transactions on the Kyber network so far in July are averaging more than double their June level, according to CryptoCompare. The price moves are also driven by speculation over future growth, and cryptocurrency traders are betting that decentralized exchanges could gain market share over time. In the meantime analysts are crunching the numbers and realizing that the KNC tokens might provide more ongoing yield than the Binance coins. BNB is often categorized by crypto-market taxonomists as a utility token, whereas KNC is often lumped in with other DeFi coins. Related:The Federal Reserve's Declining Balance Sheet Is Bearish for Bitcoin. Or Is It? ButMichael Gord, CEO of Toronto-based trading firm Global Digital Assets, says he looks at them side by side, as rivals in the exchange business. “Kyber is actually competitive to exchanges like Binance,” Gord said in a phone interview. Just this week,Kyber announced a protocol upgradeknown as Katalyst that will allow KNC holders to earn so-called staking rewards – essentially like earning interest denominated in more of the same tokens – starting in a few weeks. Those staking rewards will come from a cut of the trading fees borne by users of the decentralized exchange. At the current rate, the platform charges trading fees of0.20%, some 65% of which go directly to stakers. But KNC holders also can vote to change the fee rates and payout mix. Decentralized exchanges (DEXs) such as Kyber are trading platforms constructed atop the Ethereum blockchain, with built-in programming known as “smart contracts” that allow trading to take place without a middleman to hold funds and match orders. Binance, by contrast, has embraced the middleman role since it was set up in 2017 (though it also launched a DEX in 2019). Here’s where the centralized exchanges are winning: first-mover advantage, reflected in their dominant share of trading volumes. According to the data aggregator Dune Analytics, decentralized exchanges are averaging a combined daily volume of about $60 million in July. And Binance alone, according to CoinGecko, has $2.1 billion in volume per day. “DEXs are a great development within the digital-asset ecosystem to trade crypto to crypto,”David Lifchitz, chief investment officer for the Paris-based trading firm ExoAlpha, told First Mover in an email message. “But it’s not a scalable infrastructure, with the current trading volume, for an active trader.” Jake Brukhman, managing director at token asset manager CoinFund, said that because DEX volumes are low, there’s “slippage,” the difference between the expected price of a trade and the price at which it’s actually executed. “While I can exchange an asset instantly, I might actually pay a lot of slippage to do that,” Brukhman told CoinDesk in a phone interview. Comparing the economics of the tokens requires some work. Kyber’s KNC token gives holders a return, or “yield” for providing liquidity, or “staking” by sending crypto to the KyberDAO smart contract. Binance, in addition to providing discounts for fees paid in BNB tokens, occasionally “burns” some of the tokens or eliminates them from the outstanding supply, offering an additional reward in the form of anti-dilution. Gord acknowledges Kyber’s network liquidity is still pretty paltry compared with Binance, and that makes it a non-starter for large trading volumes. But he sees the price jump in the KNC tokens as a bet that decentralized exchanges will continue to grow. “Once Kyber has much deeper liquidity it would impact our trading business more,” he said. BTC: Price: $9,192 (BPI) \| 24-Hr High: $9,441 \| 24-Hr Low: $9,133 Trend:Bitcoinfell below $9,150 early Friday, reversing most of the gain from $9,060 to $9,480 seen in the first half of the week. The pullback has invalidated the bullish view put forward by Wednesday’s upside break of a falling channel represented by trendlines connecting June 1 and 22 highs and June 2 and 15 lows. Essentially, it’s a case of failed breakout, which chart analysts consider a powerful bearish signal. In addition, the 3% decline seen in the past 24 hours has established another bearish lower high on the daily chart,as noted bypopular analystJosh Rager. Even so, it is still too early to say the bears have regained control because the cryptocurrency is holding above $9,000. Sellers have failed multiple times in the last four weeks to establish a strong foothold below that psychological support. As such, the immediate outlook would remain neutral as long as prices are trapped in the range of $9,000 and $9,480 (Wednesday’s high). Acceptance under $9,000 may prove costly – so much so that the cryptocurrency may end up falling to $7,100, according to crypto market analystJosh Olszewicz. Meanwhile, a move above $9,480 would put the focus on the psychological hurdle of $10,000 once more. Option traders are betting on a bullish breakout,as discussedThursday. At press time, bitcoin is trading near $9,190, as per CoinDesk’sBitcoin Price Index. • First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth • First Mover: Kyber Token’s Eightfold Increase Reveals Bet on Future Market-Share Growth... - Reddit Posts (Sample): [['u/Andres6936', 'New library based on Libtcod 1.5.1', 28, '2020-08-24 00:09', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/', "Some time ago I started a fork of Libtcod 1.5.1, the reason that led me to take such action was the current state of the project (Libtcod), where it stopped the implementation of new algorithms and features in C + +, also, reading the source code of Libtcod, I saw that it was especially confusing and that there were many areas where it could improve.\n\nThis new library (named [Doryen](https://github.com/Andres6936/Doryen)) will improve those aspects that in my opinion prevent Libtcod from receiving more support.\n\nI have refactored the code and restructured the code, and used C++17 as a basis for cleaning up the code.\n\nDoryen's current status has changed a lot from Libtcod, and he didn't look for compatibility with Libtcod, but rather followed its principles of simplicity and ease of use.\n\nI still consider that there is work to be done in Doryen, but it doesn't mean that it is incomplete, at the moment this new library offers what is necessary to program a new Roguelike (Input/Output, Events \\[Keyboard, Mouse\\], Pathfinding, Image Processing).\n\nSoon, I will make a wiki with a tutorial on how to do a Roguelike using Doryen. While this moment arrives, I would be happy to receive feedback from you.\n\nThank you very much.", 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/', 'ifcgps', [['u/aotdev', 15, '2020-08-24 00:19', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/g2mqfam/', 'You are aware that libtcod was [Doryen](http://www.roguebasin.roguelikedevelopment.org/index.php?title=Libtcod) before it took the name libtcod, right??\n\nCool though, the more C++ goods the merrier :)', 'ifcgps'], ['u/Kyzrati', 14, '2020-08-24 00:47', 'https://www.reddit.com/r/roguelikedev/comments/ifcgps/new_library_based_on_libtcod_151/g2mtmx9/', 'Does seem like it\'d be better to pick a less confusion-prone name in the first place, considering many of us have known a different established meaning of "Doryen" for years now.', 'ifcgps']]], ['u/wmredditor', 'If 20% of people in the world woke up today to understand how dangerous inflation is, Bitcoin would be worth $1M tomorrow', 98, '2020-08-24 00:57', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/', ' The good thing is, only 1% of that number will be enough to get Bitcoin above $50k. Betting against a $50k Bitcoin price in the future is the same as betting that the whole world will remain ignorant forever :)', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/', 'ifd9eb', [['u/Brettanomyces78', 11, '2020-08-24 01:14', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2mwlof/', 'Maybe this is just phrased oddly, but are you suggesting the 9/11 attack wasn\'t "legit," whatever that means?', 'ifd9eb'], ['u/Brettanomyces78', 54, '2020-08-24 01:15', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2mwq68/', "People understand inflation. That's why they pump money (medium to long term savings) into stocks, bonds, precious metals, real estate, and so on.", 'ifd9eb'], ['u/Revjym', 12, '2020-08-24 02:14', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2n31ym/', '99% of the world doesn’t have enough money to invest in anything and live paycheck to paycheck. All these hopium scenarios never take this into account. \nEven more BS than the “there is XX amount of millionaires in the word, and if......” folklore.', 'ifd9eb'], ['u/wwmore11', 12, '2020-08-24 03:01', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2n85a9/', 'Read up on Modern Monetary Theory. Unfortunately inflation doesn’t seem to have the psychologically imperative effect of the past anymore. As long as the USD is held as 60% global reserve currency inflation and domestic debt seem to be arbitrary. The money printing is simply creating further wealth gap disparity. I don’t necessarily agree with the principles of MMT, but for now the Fed seems to still reign as king. Guess we’ll see if that changes. This is one of the main reasons for the argument that digital gold is simply not enough for bitcoin. We need transactional adoption rate to skyrocket for utilitarian value. Digital gold helps in premise, but it’s not taking BTC to a million, not a chance.', 'ifd9eb'], ['u/Brettanomyces78', 13, '2020-08-24 03:50', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2nd6yv/', "For short term spending, it's necessary. Obviously no one sits on piles of cash for years unless they're ignorant or are waiting for some kind of specific opportunity.", 'ifd9eb'], ['u/iiJokerzace', 10, '2020-08-24 04:36', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2nhz4v/', "It's more than that. Pretty much every one I know thinks investing is also gambling. Even less don't know what a 401k even is or how it works other than magic money later on. \n\nPeople save cash waaaaay more than you guys realize. By the hundreds of thousands and for years even. The less money they have, the more they will save cash.", 'ifd9eb'], ['u/Glugstar', 13, '2020-08-24 11:28', 'https://www.reddit.com/r/Bitcoin/comments/ifd9eb/if_20_of_people_in_the_world_woke_up_today_to/g2oc84r/', "But relatively few people do that or know they even can do that. I met people who were surprised when I told them they can participate too. They thought that you needed a lot of money (like millions) to be able to invest.\n\nMost people have no idea what inflation is or why it's important.", 'ifd9eb']]], ['u/satsthestandard', 'Bitcoin made me feel depressed.', 35, '2020-08-24 03:50', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/', 'Learning more about why bitcoin was invented what it aims to solve made me feel depressed. Okay maybe not depressed, just very upset. Like knowing the reality of the current system, that were all slaves of it.\n\nTfw you wanna like start a revolution or something, like wtf. It\'s very eye openning it feels like much of my life questions is answered , and that the "bitcoin fixes this" idea is making more sense day by day. \n\nI am tho happy that bitcoin exists, but also fear it\'s possibility of failure. That the bad guys could prevail eventually. A full totalitarian government controlling societies, where individual\'s thinking is centrally planned. \n\nI think it\'s more depressing cause I dont have someone I know personally that shares my views. Most of em worships the government overlords. Thinking that more governments are the solution to everything. \n\nNot sure what to do next really, I do stack regularly but other than that idk. I got into the deep dark depressing part of the rabbit whole. I hope bitcoin, the ideologies that supports it, succeeds and prevails in the end, for world peace and prosperity..', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/', 'iffzns', [['u/ElephantGlue', 14, '2020-08-24 04:21', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2ngieo/', 'Stop with the whole “I hope bitcoin succeeds” bullshit. By every metric it IS succeeding.', 'iffzns'], ['u/VanGleason', 11, '2020-08-24 04:24', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2ngtrb/', 'I assure you that millions of us feel the same or very similar to the way you feel. You are not alone.', 'iffzns'], ['u/VanGleason', 34, '2020-08-24 04:27', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2nh1ks/', 'Just think how much more depressing things would be without Bitcoin. It is a beacon if truth and light in a shadowy world.', 'iffzns'], ['u/Mark_Bear', 10, '2020-08-24 04:41', 'https://www.reddit.com/r/Bitcoin/comments/iffzns/bitcoin_made_me_feel_depressed/g2nih4m/', 'I know how it feels. I learned the truth first. Years later I discovered Bitcoin.', 'iffzns']]], ['u/[deleted]', 'Are you still a practicing Catholic?', 17, '2020-08-24 04:07', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/', 'Are those of you on this LGBTCatholic forum still practicing Catholics? Do you still go to Mass? Do you still believe in God?', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/', 'ifg9jo', [['u/dignifiedhowl', 11, '2020-08-24 04:16', 'https://www.reddit.com/r/LGBTCatholic/comments/ifg9jo/are_you_still_a_practicing_catholic/g2nfy8y/', 'Yes, yes, and yes. I’m actually increasing my prayer practice; trying to incorporate the Liturgy of the Hours into my daily routine.', 'ifg9jo']]], ['u/Sea_Register', '(ex)Catholics?', 102, '2020-08-24 04:25', 'https://www.reddit.com/r/AskGaybrosOver30/comments/ifgj53/excatholics/', 'Hi All,\n\nI\'m a former Roman Catholic who was very active in the Church prior to coming out. The Church\'s homophobic sexual teachings and generally repressive attitude toward sex fed off my own internalized homophobia from childhood and were super toxic for me.\n\nAs someone who was really engaged in Catholic stuff, and still lurks in Catholic subreddits out of a morbid curiosity , I see a lot of confused and questioning queer young people wandering through, asking for advice from the catholic masses. The responses they get are very uniform: "we love gay people, but your orientation/identity is deeply disordered, and you have to be celibate for life; by the way you should pray more and offer up your suffering to God as a sacrifice". People are then directed to du... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFi Pulse . Aave now has $1.47 billion worth of different crypto assets staked for credit lines, while MakerDAO has $1.45 billion in total value locked (TVL). “Reaching the highest TVL was possible due to the wide range of developers building on top of Aave who are expressing their innovation in DeFi,” Stani Kulechov, Aave CEO, told CoinDesk. “This innovation has sparked interest from institutions [that] are now dipping their toes into Aave.” Related: First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads Read more: What Is Yield Farming? The Rocket Fuel of DeFi, Explained This is only the second time a project has had more “total value locked” (TVL) than MakerDAO, as measured by DeFi Pulse. On June 20, fueled by a yield farming rush spurred on by the initial distribution of its governance token COMP, Compound took the lead for collateral locked up until late July. For context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL. MakerDAO now has well over twice the collateral locked up as it had then. In the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve. Fertile soil Related: DeFi Aggregator Bella Protocol Announces $4M Seed Round Founded as EthLend, Aave was conceived as a peer-to-peer crypto lender, funded by a 2017 initial coin offering that raised $16.2 million, according to Messari . It later pivoted to the pooled lending approach it uses today. With creative new communities of yield farmers coming up with wild schemes , Aave has proven to be a key financial backbone of some projects, as Devin Walsh of CoinFund explained to CoinDesk. In particular, she noted that Curve and Yearn Finance rely on Aave. “Stablecoin deposits into either of those protocols will ultimately be deposited into Aave’s money markets. Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email. Story continues Read more: Five Years In, DeFi Now Defines Ethereum Another relevant project is Opium, which announced Saturday it had created a credit default swap (CDS) on the Aave protocol. A CDS is a type of contract that insures the buyer against a third party defaulting on a loan. These instruments are best known for their role in the 2008 financial crisis , though they arguably provide markets an early warning signal of credit problems. Aave has announced a governance token distribution plan, but it has not yet taken effect. So while liquidity mining is coming to the protocol, it’s not driving the current surge. Related Stories Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited', 'Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, accordingto DeFi Pulse.\nAave now has $1.47 billion worth of different crypto assets staked for credit lines, while MakerDAO has $1.45 billion in total value locked (TVL).\n“Reaching the highest TVL was possible due to the wide range of developers building on top of Aave who are expressing their innovation in DeFi,” Stani Kulechov, Aave CEO, told CoinDesk. “This innovation has sparked interest from institutions [that] are now dipping their toes into Aave.”\nRelated:First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads\nRead more:What Is Yield Farming? The Rocket Fuel of DeFi, Explained\nThis is only the second time a project has had more “total value locked” (TVL) than MakerDAO, as measured by DeFi Pulse. On June 20, fueled by a yield farming rush spurred on by the initial distribution of its governance token COMP, Compound took the lead for collateral locked up until late July.\nFor context, though, when MakerDAO and Compound switched positions, each had about $480 million in TVL. MakerDAO now has well over twice the collateral locked up as it had then.\nIn the recent surge of interest in DeFi, four projects have now broken $1 billion in assets as measured by DeFi Pulse at different times: MakerDAO, Compound, Aave and Curve.\nRelated:DeFi Aggregator Bella Protocol Announces $4M Seed Round\nFounded as EthLend, Aave was conceived as a peer-to-peer crypto lender, funded by a 2017 initial coin offering that raised $16.2 million, accordingto Messari. It later pivoted to the pooled lending approach it uses today.\nWith creativenew communitiesof yield farmers coming up withwild schemes, Aave has proven to be a key financial backbone of some projects, as Devin Walsh of CoinFund explained to CoinDesk.\nIn particular, she noted that Curve and Yearn Finance rely on Aave. “Stablecoin deposits into either of those protocols will ultimately be deposited into Aave’s money markets. Both Yearn and Curve’s yield farming programs have contributed to the massive spike in TVL over the past few weeks and in particular over the past week,” she wrote in an email.\nRead more:Five Years In, DeFi Now Defines Ethereum\nAnother relevant project is Opium, which announced Saturday it had created acredit default swap (CDS)on the Aave protocol. A CDS is a type of contract that insures the buyer against a third party defaulting on a loan. These instruments are best known for theirrole in the 2008 financial crisis, though they arguably provide markets anearly warning signalof credit problems.\nAave has announceda governance token distributionplan, but it has not yet taken effect. So while liquidity mining is coming to the protocol, it’s not driving the current surge.\n• Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited\n• Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited', 'The explosive growth of decentralized finance, or DeFi, on the Ethereum blockchain has brought unwanted attention to the recent surge in congestion on the network, with a resulting jump in transaction fees.\nThere’s another consequence for crypto traders: Rising volatility in prices forether, the blockchain’s native cryptocurrency. That’s especially true when ether’s volatility is compared with that ofbitcoin.\nYou’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here.\nRelated:Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High\nThe three-month spread between ether’s implied volatility and bitcoin’s has increased to 29%, the highest in six months, according to data source Skew. As recently as June 28, the spread was as low of -2.8%, meaning bitcoin had the higher implied volatility at that point.\nVolatility often carries a negative\xa0connotation because traders often consider it a barometer of risk. In this case the rising spread appears to\xa0indicate\xa0a wide range of expectations in how\xa0DeFi might ultimately affect usage of the Ethereum network and demand for the ether.\n“Ether’s\xa0rising volatility\xa0is a byproduct of its own success,”\xa0Denis Vinokourov, head of research at Bequant, a London-based cryptocurrency exchange and institutional brokerage, said in a Telegram chat.\xa0\xa0“Success comes with risks, the need to hedge.”\nImplied volatility represents the market’s expectations of how volatile or risky an asset would be over a specific period. It’s not necessarily bullish or bearish: Heightened implied volatility simply means that\xa0future price swings might lie ahead.\nRelated:Forthcoming Yield Farming Project Dispenses With Governance\n“Investors are focused on DeFi and mindful of a potential big move in ETH,” Emmanuel Goh, CEO of the crypto-derivatives data firm Skew, told CoinDesk in a Telegram chat.\nDeFi\xa0tokens have been among the hottest performers in cryptocurrency markets this year, with\xa0steep rallies in\xa0Chainlink’sLINKand the\xa0Kyber Network’s KNC.\xa0The open-source lending protocol Aave’s LEND token has risen\xa0more than 30-fold.\nThe Ethereum\xa0network’s recent spell of congestion has pushed\xa0the average transaction fee to record highs above $6.\nThe heightened volatility expectations might also be an indication of how volatile prices have been this year for ether itself. The second-largest cryptocurrency has tripled, gaining on bitcoin, which is up a respectable 64%.\nDemand for options, or the need to hedge, tends to pick up with price rallies and major fundamental developments, and\xa0implied volatilities are primarily driven by the net buying pressure for options contracts like price calls and puts.\nThis is what success looks like right now for Ethereum.\n– Omkar Godbole, Markets Reporter\nDespite the recent pullback in bitcoin prices, analysts are still bullish in the long term, with Federal Reserve Chair Jerome Powell expected to bolster inflation expectations in a highly anticipated speech Thursday.\n• “Powell has previously stated that he doesn’t think inflation is a significant risk and is prepared to see it overshoot to meet his objectives,” Charlie Morris, chief investment officer at ByteTree Asset Management, told CoinDesk in a WhatsApp chat.\n• “The major impact for crypto out of this symposium would be a change in monetary policy and further depreciation of the dollar, which could propel bitcoin higher,” said Matthew Dibb, co-founder of Stack.\n• Multiple rejections above $12,000 seen over the past three weeks have put brakes on the rally fro Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,403,967,900 - Hash Rate: 111720008.69546376 - Transaction Count: 304409.0 - Unique Addresses: 678008.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: EUR/USD briefly traded above 1.1900 on Friday but has since eased back as the dollar is rebounding broadly against its major currency counterparts. Considering that the exchange rate has risen at a much more rapid pace than the norm, it would not be unusual to see a consolidation at this point, or a slight correction lower. Economic data from Europe was positive today. The latest manufacturing PMI report showed the industry returning to growth after a steep contraction in the second quarter. The report confirms that the euro area is well on its way to a recovery as the easing of lockdown restrictions has boosted the economy compared to prior months. However, things are still in the early stages and this momentum will need to continue for the economy to eventually get back to the state it was before the virus shock. The labor market is the biggest risk when it comes to factors that could derail the recovery. For this reason, the next employment report, scheduled for release next week, will be closely watched. Later today, the US will release data that will provide an outlook on the US manufacturing sector. Similar to the euro area, analysts expect the manufacturing sector to show growth in July. Technical Analysis EURUSD 4-Hour Chart The currency pair shows signs of slowing but there is risk in taking a counter-trend stance, especially in the case of EUR/USD where the recent upward trend has had a lot of momentum behind it. It might take a further development in price action to determine if the dollar bounce will turn in anything meaningful. For the session ahead, the 1.1735 level appears to be significant. The price point stems from a weekly chart where it has acted as both support and resistance in the past. A sustained move below it could clear the path for a broader correction. Considering the trend, buyers may look to defend the level. It may take a move above 1.1850 for the upward momentum to return. Bottom Line Economic data from the euro area was positive although the exchange struggled to gain following the report. The level to watch in the session ahead is 1.1735. It can act as a line in the sand for a directional bias for today’s session. The US will release it’s latest manufacturing PMI data in early North American trading. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Shoot Through 200 EMA Price of Gold Fundamental Daily Forecast – Ripe for Correction During Dollar Short Squeeze Bitcoin Shots to A New Yearly Highs in July GBP/USD Price Forecast – British Pound Testing Major Figure U.S. Stocks Set To Open Higher As Traders Push Equities To Multi-Month Highs USD/JPY Price Forecast – US Dollar Grind Higher... - Reddit Posts (Sample): [['u/anthonyevans777', 'Become a Bitcoin Millionaire in 5 years', 11, '2020-08-25 03:40', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/', 'I figured the fastest way possible for an ordinary joe like myself to become a bitcoin millionaire is to simply acquire 10 coins and HODL that shit for the next 5 year bull run. \n\nBy the next Halving the price of 1 coin most likely will be anywhere from 100k-200k \n\nGood luck you future millionaires', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/', 'ig2pc6', [['u/usedmyrealnamefirst', 67, '2020-08-25 03:59', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2ratsf/', 'Bc ordinary joes have 120k to just buy 10BTC', 'ig2pc6'], ['u/overcookedit', 26, '2020-08-25 04:01', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rb1ou/', 'simply pawn one of your 18th century chaise lounges! im sure you have a few lying around', 'ig2pc6'], ['u/Dubya_Tea_Efff', 40, '2020-08-25 04:20', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rd38f/', "The average Joe doesn't make 60-80k a year.", 'ig2pc6'], ['u/Onsyde', 11, '2020-08-25 04:22', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rdai5/', "Step four: sell and cry a little\n\n\nStep five: check price a year later to find you could've been a trillionaire\n\nStep six: buy and cry a little\n\nStep seven: repeat", 'ig2pc6'], ['u/Dubya_Tea_Efff', 23, '2020-08-25 04:24', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rdjxr/', "There is far more in the world than just California. I forget how California's forget that. You guys have no idea then what majority of the country gets by on, let alone majority of the world.", 'ig2pc6'], ['u/SpockSays', 13, '2020-08-25 04:29', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2re1w6/', '"10 bitcoin to be a billionaire."\n\n[https://twitter.com/pierre\\_rochard/status/1278373182341361666?s=20](https://twitter.com/pierre_rochard/status/1278373182341361666?s=20)\n\n(10 btc = 1 billion satoshi)', 'ig2pc6'], ['u/Dubya_Tea_Efff', 11, '2020-08-25 04:38', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rf0a6/', 'You are severely disconnected from reality homie.', 'ig2pc6'], ['u/Cryptocaller', 15, '2020-08-25 04:46', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rfvlh/', 'I strongly believe that someone that says things like “that individual needs to boss up mentally” when referring to someone’s inability to snap their fingers and become richer, and that also has the grammar of an eleven year old, should not be handing out investment advice, or any advice for that matter. \n\n“That’s why 10 Bitcoin is the perfect number for anyone” Your grasp on world economics and how vastly different income equality is globally, is astonishing. $110k dollars (10 BTC today) worth of Bitcoin is so far out of reach for the majority of the planet that it makes your statement look ridiculous.', 'ig2pc6'], ['u/JohnBravere', 10, '2020-08-25 05:41', 'https://www.reddit.com/r/Bitcoin/comments/ig2pc6/become_a_bitcoin_millionaire_in_5_years/g2rlgw2/', 'Not to mention the average Joe has children, massive debt, or both.', 'ig2pc6']]], ['u/AutoModerator', '[Daily Discussion] Tuesday, August 25, 2020', 46, '2020-08-25 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/', 'ig4yxv', [['u/InspectorHornswaggle', 13, '2020-08-25 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s0cw8/', "Isn't that the same as buying / longing BTC with USD?", 'ig4yxv'], ['u/[deleted]', 15, '2020-08-25 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s18tz/', "Well price action on the lower levels is looking weak as fook. 1st short term level to look for is 11525 ( out last 4hour higher low). If we break that it would likely that we'd fall to the 11360 region, this was our recent reversal point from the initial 12k drop.\n\nStill get the feeling that we are going to be ranging for a long long time between 10k and 12k. Months. In fact I would imagine that if we break the daily 50EMA with a close that we could actually be under 12k the rest of this year. This isn't a bad thing.\n\nThe monthly is 6 days away from printing a classic doji top/reversal at the top. Yes yes I know a doji is not in of itself a reversal but it can absolutely be a sign of things to come\n\nWith the impending US election madness on the horizon and 2nd wave winter Covid having a role to play it would be perfectly reasonable to assume that we retest the original 10k breakout point at some point. That would of course allow us to close the CME gap at (if you believe that is a thing). 9600-9800.\n\n&#x200B;\n\nMoon boys are going to have to wait until at least 2021 for their pant wetting to resume. Right now I would say we'll face a slightly uncomfortable autumn and winter in Bitcoin world. The narrative being, will the old ATH resistance line hold as support. Right now it's sitting at 9k but should Bitcoin get seriously weak over the the coming months that number moves down to the 8700 8500 area.\n\nTo a lot of people who'll scream that those low prices are just impossible and are never going to happen because it's moon moon baby, I would say to them Bitcoin does not give a flying fuck about you. I never thought we'd crash down to 3800 but by God we did and we did hard.", 'ig4yxv'], ['u/freq-ee', 15, '2020-08-25 10:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s5epw/', 'A lot of this selling is the futures closing on the 28th. \n\nThe futures were probably the worst thing to the happen to the BTC markets. They kill every bull run and are used to completely control the price of BTC.', 'ig4yxv'], ['u/Nagosh', 13, '2020-08-25 10:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s6fjp/', "[Sentiment is the lowest it has been in a week](https://analytics.skew.com/dashboard/bitcoin-futures). I'm assuming it's probably the lowest it has been in maybe a month after we jumped up to this range, but skew only shows data for the past week. This is somewhat bullish as counter trading sentiment can work but of course it isn't 100%. Nothing is. And price action says nothing, imo. There isn't much support or resistance anymore. It's just kind of meandering/going sideways. \n\nI sold my long 4 days ago at 11,520, and I'm thinking about relonging here. It would be essentially like nothing happened. But I think I'm going to hold off for a little while longer. If this is going sideways then it's probably going to go sideways for a long time, just like 9k, and that would mean a price bump. \n\nI'm going to put some buys around 11,200 just in case a dump happens, but if we can just stay sideways between 11k and 12k for another 4-5 weeks that would be quite bullish, imo, and I would probably get into a 10-15x long if we do that.", 'ig4yxv'], ['u/Maegfaer', 11, '2020-08-25 11:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s7tqb/', "Futures can only absorb/surpress purely speculative demand, not demand for Bitcoin's fundamental properties (openness, censorship resistance, global reach, yada yada). So no, futures don't completely control the price of BTC and won't kill every bull run.", 'ig4yxv'], ['u/blessedbt', 14, '2020-08-25 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2s9t7l/', "Futures, or at least the ones provided by legacy operations, have existed solely post bull run. \n\nI'd like to see how the 'we will tame Bitcoin' narrative works when there's a powerful and sustained level of demand for the real thing that continues growing. We haven't had that since 2017. \n\nThey're going to get a powerful lesson on their place in the pecking order.", 'ig4yxv'], ['u/RetardIdiotTrader', 10, '2020-08-25 16:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2suyjf/', 'I’m happy to try anything. Downvoted.', 'ig4yxv'], ['u/Merlin560', 60, '2020-08-25 16:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/ig4yxv/daily_discussion_tuesday_august_25_2020/g2t06i5/', 'PNF Chart Update\n\n&a... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Global Cryptocurrency Market to Reach $1. 4 Billion by 2027. Amid the COVID-19 crisis, the global market for Cryptocurrency estimated at US$979. 5 Million in the year 2020, is projected to reach a revised size of US$1.\nNew York, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Cryptocurrency Industry" -https://www.reportlinker.com/p05800039/?utm_source=GNW4 Billion by 2027, growing at aCAGR of 4.8% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$866.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 4.5% CAGR for the next 7-year period.The U.S. Market is Estimated at $288.6 Million, While China is Forecast to Grow at 4.5% CAGRThe Cryptocurrency market in the U.S. is estimated at US$288.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$240.1 Million by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.We bring years of research experience to this 6th edition of our report. The 214-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,\n• Advanced Micro Devices, Inc.\n• Binance Holdings Limited\n• Bitfinex Group\n• Bitfury Holding B.V.\n• BitGo Inc.\n• Bitmain Technologies Limited\n• Bitstamp Ltd\n• Canaan Creative CO., LTD\n• Coinbase\n• Ethereum Foundation\n• Ethereumminer.EU\n• Intel Corporation\n• Ledger SAS\n• NVIDIA Corporation\n• PandaMiner\n• Ripple\n• Shark Mining\n• Upbit\n• Xapo\n• Xilinx Inc.\n• Zhejiang Ebang Communication Co., Ltd.\nRead the full report:https://www.reportlinker.com/p05800039/?utm_source=GNWI. INTRODUCTION, METHODOLOGY & REPORT SCOPEII. EXECUTIVE SUMMARY1. MARKET OVERVIEWGlobal Competitor Market SharesCryptocurrency Competitor Market Share Scenario Worldwide(in %): 2019 & 2025Impact of Covid-19 and a Looming Global Recession2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVETable 1: Cryptocurrency Global Market Estimates and Forecastsin US$ Thousand by Region/Country: 2020-2027Table 2: Cryptocurrency Market Share Shift across KeyGeographies Worldwide: 2020 VS 2027Table 3: Hardware (Offering) World Market by Region/Country inUS$ Thousand: 2020 to 2027Table 4: Hardware (Offering) Market Share Breakdown ofWorldwide Sales by Region/Country: 2020 VS 2027Table 5: Software (Offering) Potential Growth Markets Worldwidein US$ Thousand: 2020 to 2027Table 6: Software (Offering) Market Sales Breakdown byRegion/Country in Percentage: 2020 VS 2027Table 7: Mining (Process) Geographic Market Spread Worldwide inUS$ Thousand: 2020 to 2027Table 8: Mining (Process) Market Share Distribution inPercentage by Region/Country: 2020 VS 2027Table 9: Transaction (Process) World Market Estimates andForecasts by Region/Country in US$ Thousand: 2020 to 2027Table 10: Transaction (Process) Market Share Breakdown byRegion/Country: 2020 VS 2027Table 11: Bitcoin (Type) World Market by Region/Country in US$Thousand: 2020 to 2027Table 12: Bitcoin (Type) Market Share Distribution inPercentage by Region/Country: 2020 VS 2027Table 13: Ethereum (Type) World Market Estimates and Forecastsin US$ Thousand by Region/Country: 2020 to 2027Table 14: Ethereum (Type) Market Percentage Share Distributionby Region/Country: 2020 VS 2027Table 15: Monero (Type) Market Opportunity Analysis Worldwidein US$ Thousand by Region/Country: 2020 to 2027Table 16: Monero (Type) Market Share Distribution in Percentageby Region/Country: 2020 VS 2027Table 17: Ripple (Type) World Market by Region/Country in US$Thousand: 2020 to 2027Table 18: Ripple (Type) Market Share Breakdown of WorldwideSales by Region/Country: 2020 VS 2027Table 19: Litecoin (Type) Potential Growth Markets Worldwide inUS$ Thousand: 2020 to 2027Table 20: Litecoin (Type) Market Sales Breakdown byRegion/Country in Percentage: 2020 VS 2027Table 21: Dash (Type) Geographic Market Spread Worldwide in US$Thousand: 2020 to 2027Table 22: Dash (Type) Market Share Distribution in Percentageby Region/Country: 2020 VS 2027Table 23: Other Types (Type) World Market Estimates andForecasts by Region/Country in US$ Thousand: 2020 to 2027Table 24: Other Types (Type) Market Share Breakdown byRegion/Country: 2020 VS 2027Table 25: Trading (Application) Sales Estimates and Forecastsin US$ Thousand by Region/Country for the Years 2020 through2027Table 26: Trading (Application) Global Market ShareDistribution by Region/Country for 2020 and 2027Table 27: Remittance (Application) Global OpportunityAssessment in US$ Thousand by Region/Country: 2020-2027Table 28: Remittance (Application) Percentage Share Breakdownof Global Sales by Region/Country: 2020 VS 2027Table 29: Payment (Application) Worldwide Sales in US$ Thousandby Region/Country: 2020-2027Table 30: Payment (Application) Market Share Shift across KeyGeographies: 2020 VS 2027III. MARKET ANALYSISGEOGRAPHIC MARKET ANALYSISUNITED STATESMarket Facts & FiguresUS Cryptocurrency Market Share (in %) by Company: 2019 & 2025Market AnalyticsTable 31: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Offering: 2020 to 2027Table 32: United States Cryptocurrency Market Share Breakdownby Offering: 2020 VS 2027Table 33: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Process: 2020 to 2027Table 34: United States Cryptocurrency Market Share Breakdownby Process: 2020 VS 2027Table 35: United States Cryptocurrency Market Estimates andProjections in US$ Thousand by Type: 2020 to 2027Table 36: United States Cryptocurrency Market Share Breakdownby Type: 2020 VS 2027Table 37: United States Cryptocurrency Latent Demand Forecastsin US$ Thousand by Application: 2020 to 2027Table 38: Cryptocurrency Market Share Breakdown in the UnitedStates by Application: 2020 VS 2027CANADATable 39: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Offering: 2020 to 2027Table 40: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Offering for 2020 and 2027Table 41: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Process: 2020 to 2027Table 42: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Process for 2020 and 2027Table 43: Canadian Cryptocurrency Market Estimates andForecasts in US$ Thousand by Type: 2020 to 2027Table 44: Cryptocurrency Market in Canada: Percentage ShareBreakdown of Sales by Type for 2020 and 2027Table 45: Canadian Cryptocurrency Market Quantitative DemandAnalysis in US$ Thousand by Application: 2020 to 2027Table 46: Canadian Cryptocurrency Market Share Analysis byApplication: 2020 VS 2027JAPANTable 47: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Offering for thePeriod 2020-2027Table 48: Japanese Cryptocurrency Market Share Analysis byOffering: 2020 VS 2027Table 49: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Process for thePeriod 2020-2027Table 50: Japanese Cryptocurrency Market Share Analysis byProcess: 2020 VS 2027Table 51: Japanese Market for Cryptocurrency: Annual SalesEstimates and Projections in US$ Thousand by Type for thePeriod 2020-2027Table 52: Japanese Cryptocurrency Market Share Analysis byType: 2020 VS 2027Table 53: Japanese Demand Estimates and Forecasts forCryptocurrency in US$ Thousand by Application: 2020 to 2027Table 54: Cryptocurrency Market Share Shift in Japan byApplication: 2020 VS 2027CHINATable 55: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Offering for the Period 2020-2027Table 56: Chinese Cryptocurrency Market by Offering: PercentageBreakdown of Sales for 2020 and 2027Table 57: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Process for the Period 2020-2027Table 58: Chinese Cryptocurrency Market by Process: PercentageBreakdown of Sales for 2020 and 2027Table 59: Chinese Cryptocurrency Market Growth Prospects in US$Thousand by Type for the Period 2020-2027Table 60: Chinese Cryptocurrency Market by Type: PercentageBreakdown of Sales for 2020 and 2027Table 61: Chinese Demand for Cryptocurrency in US$ Thousand byApplication: 2020 to 2027Table 62: Chinese Cryptocurrency Market Share Breakdown byApplication: 2020 VS 2027EUROPEMarket Facts & FiguresEuropean Cryptocurrency Market: Competitor Market ShareScenario (in %) for 2019 & 2025Market AnalyticsTable 63: European Cryptocurrency Market Demand Scenario in US$Thousand by Region/Country: 2018-2025Table 64: European Cryptocurrency Market Share Shift byRegion/Country: 2020 VS 2027Table 65: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Offering: 2020-2027Table 66: European Cryptocurrency Market Share Breakdown byOffering: 2020 VS 2027Table 67: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Process: 2020-2027Table 68: European Cryptocurrency Market Share Breakdown byProcess: 2020 VS 2027Table 69: European Cryptocurrency Market Estimates andForecasts in US$ Thousand by Type: 2020-2027Table 70: European Cryptocurrency Market Share Breakdown byType: 2020 VS 2027Table 71: European Cryptocurrency Addressable MarketOpportunity in US$ Thousand by Application: 2020-2027Table 72: European Cryptocurrency Market Share Analysis byApplication: 2020 VS 2027FRANCETable 73: Cryptocurrency Market in France by Offering:Estimates and Projections in US$ Thousand for the Period2020-2027Table 74: Fre Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,403,967,900 - Hash Rate: 123939384.6465301 - Transaction Count: 324184.0 - Unique Addresses: 696908.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Euro showed signs of life earlier in the session, hovering near a four-month high against the U.S. Dollar on Monday as bullish investors held on to hopes that European Commission policymakers would break the stalemate and finally hammer out an economic rescue deal as their long-winded weekend summit reached a record length. At 0:59 GMT, theEUR/USDis trading 1.1422, down 0.0004 or -0.03%. Reuters is reporting that EU leaders were at an impasse over a proposed 750 billion Euro ($858.30 billion) recovery fund, which is supposed to be raised on behalf of them all on capital markets by the EU’s executive European Commission. That would be a historic step towards greater fiscal integration for the union, but a group of “frugal” wealthy north European states were pushing for a smaller fund and seeking to limit how payouts are split between grants and repayable loans. A source told Reuters $350 billion Euros on grants was the maximum acceptable for the camp of thrifty northerners, compared to 400 billion seen as the bare minimum by many others, including Germany and France. Diplomats said it was possible that they would abandon the summit and try again for an agreement next month. But market players expect them to reach a deal in the future even if they fail to do so this time. While the outcome of the negotiations is still up in the air early Monday, most market players agree that an agreement or a collapse in the talks would have a major impact on the single currency when trading resumes. Early Monday, the Euro is banging on a four-month high on hopes that Europe’s fiscal leaders would move toward agreement on the massive 750 billion-euro rescue fund. A positive outcome by the end of the EU summit, whenever that is, could potentially be the Euro’s ticket to fresh highs for the year. Currently, the EUR/USD is trading 1.1422, just below last week’s 1.1452 high. Taking out this level could drive the Forex pair into the March 9, 2020 top at 1.1496, followed closely by the January 1, 2019 main top at 1.1514. The latter is a potential trigger point for an even steeper rally with some speculators setting their sights on 1.1570 and 1.1622, both former tops. For a look at all of today’s economic events, check out oureconomic calendar. Thisarticlewas originally posted on FX Empire • The Crypto Daily – Movers and Shakers – July 20th, 2020 • Gold Price Futures (GC) Technical Analysis – Strengthens Over $1810.50, Weakens Under $1791.10 • E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Strengthens Over 10791.25, Weakens Under 10708.50 • ‘No Company is Entirely Immune From a COVID-19 Led Economic Slowdown’ Says Fidelity’s Simnegar • Oil Price Fundamental Weekly Forecast – Weak Gasoline Demand Could Weigh on Prices • Bitcoin and Cardano’s ADA Weekly Technical Analysis – July 20th, 2020... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain.\nThe most striking thing aboutConcordium, which launches its third testnet next month, is the way it pushes what was once anathema to big corporates: public and permissionless blockchains.\nBusinesses, wary of tipping their hands and giving away any competitive advantage, have traditionally preferred the idea of private and permissioned blockchains. But many advocates of blockchain tech believe only open systems hold true transformational promise. The oft-cited analogy centers on the relevance of internet versus intranet.\nRelated:'Boring Is the New Exciting': How Baseline Protocol Connected With 600 Corporates\nRead more:‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates\nToeing the line between the privacy requirements of regulated businesses and full-broadcast blockchains like those of Bitcoin and Ethereum has ledsome very smart peopleto opt for an attenuated architecture when it comes to distributed ledgers.\nHowever, Concordium is confident it has found a third way, keeping sensitive data private using a clever identity and zero-knowledge-proof (ZKP) system, providing firms with a safe, flexible option to deploy open blockchains.\nThe momentum around projects like Baseline Protocol, which now hassome 600 big firms using it, is a solid indicator ZKP tech is ready for prime time.\nRelated:ConsenSys Acquires JPMorgan's Quorum Blockchain\nAccording to Concordium CEO Lone Fønss Schrøder, sometimes you need a permission-based ledger; but in order to realize new business models, it has to come in combination with baked-in permissionless possibilities.\n“I think that’s really what large corporations are looking for,” said Fønss Schrøder. “If you look at Hyperledger, for example, or R3, I don’t think it is blockchain in the sense of really providing something new. It’s not decentralized. Companies are seeing it as just another way to do their mainframe applications. But when you talk about permissionless blockchain, it’s something totally new.”\nBlockchain today simply doesn’t meet the needs of corporations, says Fønss Schrøder, and a lack of permissionless flexibility has led to no uptick in business adoption.\nConcordium’s chief marketing manager, Beni Issembert, went further: Businesses underwhelmed by today’s enterprise blockchain offerings are squarely in Concordium sights.\n“Businesses that are open-minded feel a lot of frustration and desolation when it comes to using Hyperledger and R3 Corda. And we are talking to those disappointed businesses,” Issembert said.\nIt would be easy to write Concordium off as some kind of naive newcomer – both R3 and Hyperledger declined to comment on the Concordium white paper.\nBut the project, which has its roots in Denmark, featuresan impressive castof players from business and academia. On the science side, Concordium’s research center at Denmark’s Aarhus University is run by widely cited cryptographer Ivan Damgard. Last September, Torben Pryds Pedersen, creator of the Pedersen Commitment cryptographic primitive, was appointed as Concordium’s CTO.\nRead more:Staying Alive: Why the World of Enterprise Blockchain Has Turned to Collaborations\nIn terms of corporate clout, Fønss Schrøder is a boardroom director at IKEA, vice chairman of Volvo and spent 22 years at A.P. Moller Maersk. Concordium’s founder, Lars Seier Christensen, founded Saxo Bank in 1992, while the blockchain’s advisers include former Danish Prime Minister Anders Fogh Rasmussen, and heavy hitters from Nasdaq, Mastercard and Skype.\nIt’s one thing to announce a paradigm shift in the way businesses intend to use blockchain technology, but another to show hard evidence of this new permissionless demand.\n“We are already in contact with those people [Volvo and IKEA] and looking at ways to fulfill what they would like to do. But we are not only targeting 20 or 40 businesses,” said Issembert. “We are focused on the next generation of commerce, the new unicorns; firms that you don’t have to convince the best approach is an open system.”\nIt should be pointed out that Volvo has blazed a trail when it comes totracking the minerals used in electric car batterieswith the help of Hyperledger Fabric. IKEA has also done someinteresting blockchain experimentswith the likes of Tradeshift using the Maker protocol.\nNeither Volvo nor IKEA would confirm to CoinDesk whether they were testing Concordium at this time.\nRead more:IKEA in ‘World First’ Transaction Using Smart Contracts and Licensed E-Money\nIf large corporations have been mostly happy with proofs-of-concept using closed enterprise blockchains, what are the new use cases that open systems like Concordium can offer?\nFønss Schrøder said a major opportunity exists in rethinking the way procurement and supply chains work, for example. (In terms of new entrants to the enterprise blockchain space, there have also beensome interesting moves from the EOS ecosystem, particularly in Latin America.)\n“It could be smart contracts, which actually will function as marketplaces for you and your whole procurement sector,” said Fønss Schrøder. “I think about what Maersk has been doing, but the disadvantage for Maersk is that this should never have been built on a permission-based blockchain; it should have been permissionless. But that’s the kind of logistical use case I’m sure we will be able to support.”\nVolvo board member Fønss Schrøder also sees plenty of uses for open blockchains in the car industry, across secondary markets, for instance, and the service agreements that come with that.\n“Nearly every car sold by Volvo has some kind of lease arrangement or car-care, and blockchain is well suited to support this on the insurance side and on the service side,” said Fønss Schrøder.\nAs far as the ZKP secret sauce, Issembert called this the “backbone of the network,” but could not disclose details.\n“For the ZKP design approach, we are going to come to the market with our own solution. It’s not something that has been seen yet,” he said.\nRead more:WATCH: ‘Big Four’ Exec Says Privacy Is Key to Enterprise Blockchain Adoption\nNext month sees Concordium’s third testnet come into being, with a view to going live in January 2021.\n“We will have the smart contract layer ready and then we will see which corporations will build on it,” said Fønss Schrøder. “It will be very interesting. I don’t think we will disappoint you.”\n• Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?\n• Is This the Blockchain Firm That Will Get Enterprise to Finally Embrace Open Networks?", "Concordium, an ambitious project whose founders have close links to companies including Volvo, IKEA, Saxo Bank and Nasdaq, is looking to shake up the seemingly glacial world of enterprise blockchain. The most striking thing about Concordium , which launches its third testnet next month, is the way it pushes what was once anathema to big corporates: public and permissionless blockchains. Businesses, wary of tipping their hands and giving away any competitive advantage, have traditionally preferred the idea of private and permissioned blockchains. But many advocates of blockchain tech believe only open systems hold true transformational promise. The oft-cited analogy centers on the relevance of internet versus intranet. Related: 'Boring Is the New Exciting': How Baseline Protocol Connected With 600 Corporates Read more: ‘Boring Is the New Exciting’: How Baseline Protocol Connected With 600 Corporates Toeing the line between the privacy requirements of regulated businesses and full-broadcast blockchains like those of Bitcoin and Ethereum has led some very smart people to opt for an attenuated architecture when it comes to distributed ledgers. However, Concordium is confident it has found a third way, keeping sensitive data private using a clever identity and zero-knowledge-proof (ZKP) system, providing firms with a safe, flexible option to deploy open blockchains. The momentum around projects like Baseline Protocol, which now has some 600 big firms using it , is a solid indicator ZKP tech is ready for prime time. ‘Something totally new’ Related: ConsenSys Acquires JPMorgan's Quorum Blockchain According to Concordium CEO Lone Fønss Schrøder, sometimes you need a permission-based ledger; but in order to realize new business models, it has to come in combination with baked-in permissionless possibilities. “I think that’s really what large corporations are looking for,” said Fønss Schrøder. “If you look at Hyperledger, for example, or R3, I don’t think it is blockchain in the sense of really providing something new. It’s not decentralized. Companies are seeing it as just another way to do their mainframe applications. But when you talk about permissionless blockchain, it’s something totally new.” Story continues Blockchain today simply doesn’t meet the needs of corporations, says Fønss Schrøder, and a lack of permissionless flexibility has led to no uptick in business adoption. Concordium’s chief marketing manager, Beni Issembert, went further: Businesses underwhelmed by today’s enterprise blockchain offerings are squarely in Concordium sights. “Businesses that are open-minded feel a lot of frustration and desolation when it comes to using Hyperledger and R3 Corda. And we are talking to those disappointed businesses,” Issembert said. Big-name partners It would be easy to write Concordium off as some kind of naive newcomer – both R3 and Hyperledger declined to comment on the Concordium white paper. But the project, which has its roots in Denmark, features an impressive cast of players from business and academia. On the science side, Concordium’s research center at Denmark’s Aarhus University is run by widely cited cryptographer Ivan Damgard. Last September, Torben Pr Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $214,403,967,900 - Hash Rate: 112592821.26339708 - Transaction Count: 328157.0 - Unique Addresses: 702891.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 /PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it's novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty. On August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards. In less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September's mainnet launch. Designed for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining. The product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN. Inspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain. About PlotX PlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w. The PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas. Founded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor. For more information seehttps://www.plotx.io/ Media Contact: Dan [email protected]+972-545-464-238SOURCE: PlotX View source version on accesswire.com:https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.12% on Thursday. Reversing a 1.15% gain from Wednesday, Bitcoin ended the day at $11,343.0.\nA bearish start to the day saw Bitcoin fall to a mid-day low $11,290 before making a move.\nSteering clear of the first major support level at $11,279, Bitcoin struck an early afternoon intraday high $11,609.0.\nComing up against the first major resistance level at $11,605, Bitcoin slid to a late afternoon intraday low $11,145.0.\nBitcoin fell through the first major support level at $11,279 before recovering to $11,300 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Thursday.\nBinance Coin and Monero’s XMR bucked the trend on the day, rising by 4.05% and by 0.72% respectively.\nIt was a bearish day for the rest of the pack, however.\nCardano’s ADA slid by 6.21% to lead the way down.\nBitcoin Cash ABC (-4.60%), Bitcoin Cash SV (-4.07%), EOS (-4.47%), Litecoin (-3.44%), Ripple’s XRP (-4.37%), Stellar’s Lumen (-4.44%), Tezos (-4.32%), also saw heavy losses.\nEthereum (-0.74%) and Tron’s TRX (-2.12%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $338.20bn.\nBitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.77%.\nAt the time of writing, Bitcoin was down by 0.28% to $11,311.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,367.0 to a low $11,308.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 1.15%.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Tezos was down by 2.07% to lead the way down.\nBitcoin would need to move through the pivot level at $11,366 to support a run at the first major resistance level at $11,586.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,830.\nFailure to move through the $11,366 pivot level would bring the first major support level at $11,122 into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level sits at $10,902.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Forecast – Natural Gas Markets Continue Higher\n• Crude Oil Price Update – Needs to Hold Above $42.01 to Sustain Upside Momentum\n• Economic Data Puts the EUR, the Loonie, and the Greenback in Focus\n• The Crypto Daily – Movers and Shakers – August 28th, 2020\n• US Stock Market Overview – Stocks Rise Led by Financials as Yields Moved Higher\n• S&P 500 Price Forecast – Stock Markets Get Extended Even Further', 'Bitcoin, BTC to USD, fell by 1.12% on Thursday. Reversing a 1.15% gain from Wednesday, Bitcoin ended the day at $11,343.0. A bearish start to the day saw Bitcoin fall to a mid-day low $11,290 before making a move. Steering clear of the first major support level at $11,279, Bitcoin struck an early afternoon intraday high $11,609.0. Coming up against the first major resistance level at $11,605, Bitcoin slid to a late afternoon intraday low $11,145.0. Bitcoin fell through the first major support level at $11,279 before recovering to $11,300 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Thursday. Binance Coin and Monero’s XMR bucked the trend on the day, rising by 4.05% and by 0.72% respectively. It was a bearish day for the rest of the pack, however. Cardano’s ADA slid by 6.21% to lead the way down. Bitcoin Cash ABC (-4.60%), Bitcoin Cash SV (-4.07%), EOS (-4.47%), Litecoin (-3.44%), Ripple’s XRP (-4.37%), Stellar’s Lumen (-4.44%), Tezos (-4.32%), also saw heavy losses. Ethereum (-0.74%) and Tron’s TRX (-2.12%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $338.20bn. Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.77%. This Morning At the time of writing, Bitcoin was down by 0.28% to $11,311.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,367.0 to a low $11,308.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, rising by 1.15%. Story continues It was bearish for the rest of the majors, however. At the time of writing, Tezos was down by 2.07% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,366 to support a run at the first major resistance level at $11,586. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,830. Failure to move through the $11,366 pivot level would bring the first major support level at $11,122 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level sits at $10,902. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Forecast – Natural Gas Markets Continue Higher Crude Oil Price Update – Needs to Hold Above $42.01 to Sustain Upside Momentum Economic Data Puts the EUR, the Loonie, and the Greenback in Focus The Crypto Daily – Movers and Shakers – August 28th, 2020 US Stock Market Overview – Stocks Rise Led by Financials as Yields Moved Higher S&P 500 Price Forecast – Stock Markets Get Extended Even Further', 'Tesla Inc(NASDAQ:TSLA)\xa0CEO Elon Musk\xa0confirmed late Thursday that the automaker was the subject of a hacking attempt by a Russian national\xa0and his co-conspirators.\nWhat Happened:"This was a serious attack," the billionaire entrepreneur said in response to amedia reportrelated to the attempted hacking on Twitter.\nAcomplaintwas filed this week by prosecutors in Nevada against Egor Igorevich Kriuchkov, a Russian national,\xa0who allegedly conspired to recruit an employee at an unnamed company, in order to surreptitiously install malware on its computers.\nMusk\'s tweet confirms the company detailed in the lawsuit is, in fact, Tesla.\nKriuchkov approached the employee who had access to the company’s computers throughFacebook Inc(NASDAQ:FB) owned WhatsApp messaging app on July 16 to arrange a visit to its Nevada location, prosecutors allege.\nThe complaint states that Kriuchkov and a group of Tesla employees were in touch with each other between August 1-3 and went on a trip to Lake Tahoe, where the alleged hacker refused to be photographed.\nSubsequent to the excursion, which was paid for by Kriuchkov, the Russian national asked to do “business.”\nWhen the employee met Kriuchkov subsequently at a bar on Aug. 3, he was asked to install malware on his company’s computers, which would exfiltrate data and release to the Russian’s group, the complaint alleges.\nThe two met subsequently at another location in a vehicle and were observed by the agents of the Federal Bureau of Investigation as the employee had consented to the surveillance. During this meeting, the alleged hacker made an inducement of $1 million in cash or Bitcoin to the employee, raising the amount from a proposed $500,000 earlier during their discussions at the bar.\nOn August 19, the employee wearing a listening device from the FBI met with Kriuchkov, who offered him a $11,000 advance. The alleged hacker then told the Gigafactory worker that the project was delayed and related payments would be made at a later time as well. The FBI in the meantime got in touch with Kriuchkov, who attempted to leave the United States and was arrested on Aug. 22 in Los Angeles, the prosecutors said.\nWhy It Matters:The Russian and his co-conspirators planned to hold the target company forransomand reveal the data they obtained through illegal means, according to the complaint.Musk said the employee\'s efforts in helping thwart the hack attempt were "much appreciated."\nLast month, a “spear-phishing” attack onTwitter Inc’s(NYSE:TWTR) was said to be responsible for the compromise of several high-profile social media accounts on that platform including that of Musk and former President Barack Obama.\nPrice Action:Tesla shares closed nearly 4% higher at 2,238.75 on Thursday and gained 0.37% in the after-hours session.\nPhoto Courtesy: Steve Jurvetson on Flickr.\nSee more from Benzinga\n• EV Maker Rivian Taps Former Tesla Exec As Top Engineer, Despite Employee Poaching Lawsuit\n• Nikola CEO Says He\'s Giving Away 3M Worth Of Personal Shares To Employees\n• Musk Says Tesla\'s Battery Capacity Could Almost Double In Three To Four Years\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Tesla Inc (NASDAQ: TSLA )\xa0CEO 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: 2020-08-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,673,742,884 - Hash Rate: 142268448.57312962 - Transaction Count: 352722.0 - Unique Addresses: 720277.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Since the end of 2017, the conventional thinking was that well-heeled financial institutions would take the reins from retail investors, becoming the driving force and primary investor class in crypto. But a report out last week from derivatives exchange ZUBR argues retail investors are not just here to stay, they could end up absorbing more than half of bitcoin’s daily fresh supply in as little as four years. You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Related: Market Wrap: Bitcoin Traders Expect Big Move as Volatility Plummets “By the time the next reward [halving] era comes around in 2024, retail could potentially account for eating up over 50% of the physical supply,” the report predicts. Using data from analytics firm Chainalysis, ZUBR found the number of wallet accounts holding small whole balances, anywhere between 1 to 10 bitcoins – sizes that suggest retail rather than institutional – had risen rapidly. Since bitcoin hit its all-time high at the end of 2017, the number of “retail” wallet holders more than doubled, reaching 215,000 by the start of June 2020. In total, these entities hold over 500,000 bitcoin (~$4.6 billion), up over 100,000 since the start of 2019. Related: Bitcoin Facing Greater Price Volatility Than Ether in Q3, Options Market Data Suggests On average, 144 bitcoin blocks are mined every day. After the next halving in 2024, about 450 bitcoin will enter circulation each day. Assuming demand continues at its present trajectory over the next four years, ZUBR estimates the amount of new bitcoins demanded daily by retail investors could be at around 250 – well over half the daily supply four years from now. Story continues And that’s only wallet addresses with whole numbers. Adding in wallets with fractional balances and daily demand could be even higher. ZUBR also excluded crypto held in exchange accounts from its study. At the start of the year, approximately 1,800 new bitcoins entered into circulation each day. Since the block reward fell from 12.5 to 6.25 in mid-May, the daily bitcoin supply has dropped to just 900. Assuming the same level of mining activity, daily supply will likely fall down to just 225 bitcoin by the end of the decade. These supply pressures make a highly bullish case for bitcoin, said Jason Deane, analyst at Quantum Economics. “Bitcoin has a perfect supply curve, total (maximum) supply is always known, and it can only be lower due to lost coins,” he told CoinDesk. Although bitcoin’s total supply stands at around 21 million, the estimated number of coins believed to have been lost or otherwise irrecoverable ranges between 1.5 million, according to CoinMetrics , or even as high as 4 million, according to Unchained Capital . That puts even greater pressure on supply. But the real variable is demand. Should this continue to increase, there will come a point when it will outpace supply, causing bitcoin’s price to rise. A rising price might help burnish bitcoin’s credentials as a store of value asset; possibly creating a virtuous circle where price increases help bolster the store of value narrative which, in turn, leads to further price increases. Indeed, going back to ZUBR’s research, this virtuous circle may already be present. Since the start of 2020, balances for retail-sized entities have grown continuously month on month. Despite unprecedented market volatility – bitcoin’s price fell nearly 40% in March – there has not yet been a month so far this year where the total amount of bitcoin held in retail-sized wallets has decreased. Zooming out, there hasn’t been a month of net decline since April 2019. Going out even further, there have only been five months since the mining of the “genesis block”, more than 11 years ago, where the monthly amount of retail balances of bitcoin have decreased, rather than grown. This natural “hodling” mentality might suggest that retail investors, as an investor class, see bitcoin as a natural store of value, rather than a medium of exchange, and are, therefore, hoarding as much as they can, anticipating further price increases. Indeed, events such as “Black Thursday” on March 12, which temporarily took the bitcoin price down below $5,000, might have been seen more as a unique buying opportunity, rather than an existential threat to the cryptocurrency. In fact, some institutions and brokerages told CoinDesk at the time they were offloading as much of their bitcoin as possible onto retail investors, some buying for the first time, who were buying up to two to three times as much as they were normally. According to Deane, this should come as no surprise. If you assume that demand is going to continue rising, just as daily supply continues to fall, it’s reasonable that retail investors may be buying in anticipation of further price hikes. The market may soon be at the point where instead of dealing in bitcoins, many small-time traders will instead be buying in “satoshis,” bitcoin’s smallest divisible unit at approximately 0.00000001 BTC (currently around 0.009 of a cent). “Obtaining a whole bitcoin will be very difficult in the future and most people will only deal in satoshi, which will almost certainly become the norm, especially for individuals,” Deane said. Tweet of the day Bitcoin watch BTC : Price: $9,106 ( BPI ) \| 24-Hr High: $9,190 \| 24-Hr Low: $9,025 Trend : Bitcoin’s price bounce from lows below $8,850 seen over the weekend has run out of steam, and the cryptocurrency looks vulnerable to deeper declines. At press time, bitcoin is trading near $9,100, having faced rejection around $9,200 during Sunday’s U.S. trading hours. On the hourly chart, a bearish trendline connecting the June 22 and June 24 highs is still intact. Meanwhile, the relative strength index (RSI) has fallen back into bearish territory below 50. The MACD, too, has crossed into the negative territory. The same indicators are also reporting bearish conditions on the daily and three-day charts. In addition, the weekly chart shows signs of uptrend exhaustion: Bitcoin has been above a trendline connecting the June 2019 and February 2020 highs (yellow line) for six weeks. Even so, buyers are failing to step in. As a result, a retest of the weekend low of $8,830 cannot be ruled out. A violation there would expose deeper support levels lined up at $8,630 (May 24 low) and $8,638 (50-week moving average). On the higher side, immediate resistance is seen at $9,172, the hourly chart’s bearish trendline. Above that, the focus would shift to $9,344 (a lower high on the hourly chart). The overall bias would turn bullish only after a move above $10,000. Related Stories First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing) First Mover: The Return of the Bitcoin Retail Investor (and Why That’s a Good Thing)... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0. A bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0. Steering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586. A late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Binance Coin slipped by 0.13% to buck the trend on the day. It was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way. Bitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support. Bitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn. Bitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%. This Morning At the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support. Story continues It was bearish for the rest of the majors, however. At the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736. A fall through the $11,472 pivot level would bring the first major support level at $11,376 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Weekly Price Forecast – US Dollar Continue Showing Weakness Gold Price Prediction – Prices Rise as Consumer Spending Increases Natural Gas Price Forecast – Natural Gas Markets Stall Heading Into the Weekend Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping Geopolitics, COVID-19 Updates, and Monetary Policy Drove the Markets Silver Price Forecast – Silver Markets Continue to Reach Towards Resistance', 'Bitcoin, BTC to USD, rose by 1.78% on Friday. Reversing a 1.12% decline from Thursday, Bitcoin ended the day at $11,545.0.\nA bullish start to the day saw Bitcoin rise from an early morning intraday low $11,303.0 to a mid-afternoon intraday high $11,567.0.\nSteering clear of the major support levels, Bitcoin came within range of the first major resistance level at $11,586.\nA late afternoon pullback saw Bitcoin fall to sub-$11,500 levels before a final hour move back through to $11,500 levels.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Friday.\nBinance Coin slipped by 0.13% to buck the trend on the day.\nIt was a bullish day for the rest of the majors. Monero’s XMR and EOS rallied by 5.92% and by 4.63% to lead the way.\nBitcoin Cash SV (+2.42%), Cardano’s ADA (+2.01%), Ethereum (+3.18%), Litecoin (+2.28%), Ripple’s XRP (+2.59%), Stellar’s Lumen (+2.01%), and Tron’s TRX (+3.80%) also found strong support.\nBitcoin Cash ABC (+0.55%) and Tezos (+1.52%) trailed the front runners on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $346.76bn.\nBitcoin’s dominance fell to a Monday low 60.80% before rising to a Tuesday high 62.13%. At the time of writing, Bitcoin’s dominance stood at 61.33%.\nAt the time of writing, Bitcoin was down by 0.19% to $11,523.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,555.0 to a low $11,483.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV (+1.36%), Cardano’s ADA (+0.18%), Litecoin (+0.10%), Monero’s XMR (+0.19%), and Tron’s TRX (+0.62%) found early support.\nIt was bearish for the rest of the majors, however.\nAt the time of writing, Stellar’s Lumen was down by 0.68% to lead the way down.\nBitcoin would need to avoid a fall through the pivot level at $11,472 to support a run at the first major resistance level at $11,640.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,736.\nA fall through the $11,472 pivot level would bring the first major support level at $11,376 into play.\nBarring another extended crypto sell-off, however, Bitcoin should avoid sub-$11,000 levels. The second major support level at $11,208 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Weekly Price Forecast – US Dollar Continue Showing Weakness\n• Gold Price Prediction – Prices Rise as Consumer Spending Increases\n• Natural Gas Price Forecast – Natural Gas Markets Stall Heading Into the Weekend\n• Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping\n• Geopolitics, COVID-19 Updates, and Monetary Policy Drove the Markets\n• Silver Price Forecast – Silver Markets Continue to Reach Towards Resistance', 'Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry\nOn The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing.\nAt the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side,Bitcoinon the other – that are attracting people for a different vision of the future.\nSee also:Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nMonday \|How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze\nRelated:US Stocks Closing on Bigger August Gain Than Bitcoin\nTuesday \|An Unintended Consequence of Low Interest Rates? The Big Get Bigger\nWednesday \|The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes\nThursday \|Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nFriday \|The Anxiety Index: 4 Fear Factors Shaping the Economy\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• The End of an Era? Why Bitcoin and MMT Won the Week\n• The End of an Era? Why Bitcoin and MMT Won the Week', 'Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry\nOn The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing.\nAt the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side,Bitcoinon the other – that are attracting people for a different vision of the future.\nSee also:Everything You Need to Know About Jerome Powell’s Jackson Hole Speech\nMonday \|How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze\nRelated:US Stocks Closing on Bigger August Gain Than Bitcoin\nTuesday \|An Uninten Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,673,742,884 - Hash Rate: 127430634.91826336 - Transaction Count: 292783.0 - Unique Addresses: 617518.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: China’s push to roll out a digital version of its yuan isn’t likely to end the U.S. dollar’s century-long reign as the dominant currency for international payments and central bank reserves. But it could make a dent. That’s the conclusion of foreign-exchange analysts at Bank of America, who argue a Chinese digital currency might be welcomed by regional trading partners as payments become increasingly electronic. You’re readingFirst Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You cansubscribe here. Related:China's Uber, DiDi, to Trial PBoC's Central Bank Digital Currency China appears well ahead of the U.S. in developing a central bank digital currency, or CBDC, the Bank of America analysts wrote in a June 30 report. Federal Reserve Chair Jerome Powell, who said last year the U.S. central bank had “not identified potential material benefits” of a general-purpose digital dollar, told Congress in June that officials are “working hard” on the issue. Yet, the Agricultural Bank of China, one of the nation’s four state-owned banking giants, isalready trialing a test interface for the digital yuan, CoinDesk reported in April. It goes without saying the spread of the coronavirus has inspired a newfound repugnance forgermy cash. “China seems likely to have a clear first-mover advantage in its adoption of CBDCs, both in terms of timing and usage,” the Bank of America analysts wrote. A digital yuan could increase the Chinese currency’s use in international commerce “even if it doesn’t immediately disrupt the USD’s dominant role in global finance.” Related:FATF Under Germany: Expand Digital AML/CTF Efforts The advent of digital-asset technologies has combined with the coronavirus-induced economic crisis to raise nagging questions about whether thedollar’s undisputed reign as the de facto global reserve currencymight be due for a reckoning. The dollar accounts for some 62% of global central banks’ foreign-exchange reserves. As reported by First Mover on Monday, the German lender Deutsche Bank wrote in a report last week that a reelection victory byU.S. President Donald Trump could undermine the dollar’s dominant rolein the long term, given his willingness to spurn multilateral organizations including the International Monetary Fund and World Bank. Such organizations have played a key role in the post-World-War-II order that helped enshrine the dollar’s premier status. The U.S tender isclosely watched in digital asset marketsbecause it’s the most common price denomination for cryptocurrencies likebitcoinandetheras well as the backing for a fast-growing breed of digital tokens known as stablecoins. “The present-day experience is more of discord and less in favor of multilateralism,” the analysts wrote. “We are seeing more rivalry in areas such as trade and technological dominance.” It’s worth noting China closely manages the yuan’s exchange rate against the dollar, so a digital version of the nation’s currency – also known as the renminbi, or RMB – could trade similar to a dollar-linked stablecoin. China has struggled to increase its currency’s usage in international commerce. Since, 2016, when the yuan was incorporated into an IMF international reserve asset, the Chinese currency’s penetration of global foreign-exchange reserves has doubled to a paltry 2%, as noted by the Bank of America analysts. Some 63% of Chinese banks’ cross-border claims are denominated in dollars, nearly identical to the proportion for U.S. lenders, the analysts wrote. “The internationalization of the RMB is happening, but the growth rate has been uneven and not as rapid as some may think,” according to the report. The Bank of America report comes as China’s digital yuan is attracting growing attention from top monetary economists and cryptocurrency-industry executives. The dollar’s hegemony is also under question, following the foreign-exchange turmoil that has sentemerging-market currencies plungingthis year, saddling the world’s poorest countries with rising costs for imported consumer goods and elevated interest payments on international debt. Many bitcoin investors say the Federal Reserve’s roughly $3 trillion of money injections this year – with likely more to come – could end up debasing the dollar’s purchasing power. Jeremy Allaire, co-founder and CEO of Circle, which backs the dollar-linked stablecoin USDC, said on a podcast last week that China’s development of a digital currency has effectively “created a model where a household, a firm, a nation state can kind ofdirectly transact and settle with China over the internet,” effectively bypassing payment systems in the U.S. sphere of economic influence. Former U.S. Treasury Secretary Lawrence Summers, a guest on the podcast, said he doubted China would make it the digital yuan flexible enough to allow its citizens to freely move wealth and resources out of the country. “And I think a system that is so restricted that it isn’t possible to do that isn’t going to be much of a global digital currency,” he said. The Bank of America analysts noted that several Asian countries, includingThailand, Singapore andSouth Koreaare assessing their own digital currencies, which might become integrated with yuan-based payment systems, “especially if it entails significantly lower transaction costs and real-time transfers.” “Ultimately, this is likely to be the actual (and more realistic) objective for China than a serious attempt to displace the USD’s status as the global reserve currency,” the analysts wrote. It might be that the only serious threats to the dollar’s reign would come from within the U.S. BTC: Price: $9,250 (BPI) \| 24-Hr High: $9,374 \| 24-Hr Low: $9,192 Trend: Bitcoin is feeling the pull of gravity at press time, having faced rejection at key technical hurdle early on Tuesday. After prices failed to cut through the 50-day moving average hurdle at $9,385 during the Asian trading hours, the cryptocurrency is now trading at $9,250, representing a 1% decline on the day. The pullback from the 50-day MA hurdle has neutralized the immediate bullish view put forward by Monday’s 3% gain. Bitcoin jumped to $9,350 yesterday, confirming an upside break of the narrow trading range of $8,830–$9,300 seen in the nine days to July 5. In addition, Monday’s price gains confirmed signals of potential gains from the repeated dip demand below $9,000 seen over the past two weeks. A move above the 50-day MA of $8,385 would revive the bullish bias signaled by Monday’s 3% rally and open the doors to $10,000. On the downside, the weekly opening price of $9,077 is the level to defend for the bulls. A violation there could yield a quick drop to the 50-week MA at $8,632, with the 5- and 10-week MAs having produced a bearish crossover, the first since early March. • First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race • First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race... - Reddit Posts (Sample): [['u/Xanaxtastrophy', 'Running a Full Node', 24, '2020-08-29 01:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/', 'I’m planning on buying bitcoin in lump sums over the next few months and then hodling for decades.\n\nIs it worth running my own full node? \n\nIt seems at every turn in this process I hear about a new way that your BTC is vulnerable and will likely be lost because you aren’t doing these things. Trezor isn’t secure, only Coldcard is truly safe. Web wallets are terribly insecure because your private key is exposed, airgapped is the only way to go. And now I’m learning trusting a wallet to send a receive bitcoin is irresponsible and dangerous and you should only ever use Bitcoin with your own full node.\n\nMy plan was to buy Bitcoin on an exchange, transfer it to a hardware wallet, protect the hell out of my seed phrase, and HODL for life. Can anyone give me advice on what I should and shouldn’t be doing in that process?', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/', 'iihjha', [['u/bitusher', 21, '2020-08-29 01:12', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/g36r3ib/', '>Is it worth running my own full node?\n\nAbsolutely!\n\nHere is why --\n\nRunning software that fully validates all the rules like - https://btcinformation.org/en/wallets/desktop/windows/bitcoincore/\n\nArchival full nodes contain the full blockchain and allow new nodes to bootstrap from them . Current blockchain size is ~300GB for an archival node\n\nPruned nodes can get down to around 5GB , and have all the same security and privacy benefits of archival nodes but need to initially download the whole blockchain for full validation before deleting it (It actually prunes as it validates)\n\nYou are only truly p2p if you are running a full node . running light clients depend upon you trusting a middleman and typically only validate block headers. Light clients are exposed to many more threats full nodes are not. There are also privacy concerns with light clients that full nodes are secure against. The whitepaper only suggests SPV "light" nodes in the context of fraud alerts(proofs) existing but thus far none exist and therefore you shouldn\'t trust large amounts of btc with a light client.\n\nThe most secure , "active" wallet would be a hardware wallet integrated with a full node . One way to do this easily is to run your own electrum server https://github.com/chris-belcher/electrum-personal-server https://www.youtube.com/watch?v=1JMP4NZCC5g and than integrate electrum wallet with your HW wallet and connect to your electrum server. A new solution is Blockstream green which works with ledger , trezor one , and trezor model T https://www.youtube.com/watch?v=nkQ_LXEuSVg\n\nThere are close to 43k full nodes on the bitcoin network .(Some sites show much lower numbers because they exclude most non listening full nodes. )\n\nHere is the stats – \n\nhttp://luke.dashjr.org/programs/bitcoin/files/charts/software.html\n\nhttp://luke.dashjr.org/programs/bitcoin/files/charts/services.html\n\nHere are all the rules that full nodes validate that light clients almost completely skip-\n\nhttps://en.bitcoin.it/wiki/Protocol_rules\n\nThin client / Psuedo SPV weaknesses\nThis is not an exhaustive list and there are many more concerns than this -\n\n1.\tAs we saw in 2017 year Garzik and segwit2x supporters were deliberately attempting to undermine pseudo-SPV nodes/light clients by imposing rule changes that users did not necessarily agree to or where even aware of . Full nodes were immune to this attack vector. light clients would simply follow the most worked chain even if they disagreed with these changes and would also lose out on their ability to claim both sides of the split thus also losing money. \n\n2.\tlight clients fail in privacy for many reasons . They are using a backend server to show you your wallet balances. This immediately links together all your wallet addresses to them. Bloom filtering SPV wallets like Bread wallet, AirBitz are however different, they don’t use a backend server, rather they are leaking information to every blockchain analysis company, who are crawling the Bitcoin network for their bloom filters. \n\n3.\tLight clients fail to validate most of these security rules https://en.bitcoin.it/wiki/Protocol_rules and therefore must trust a middleman or third party and thus can essentially be manipulated by this company and a multisig of large miners unlike full nodes. This is no longer p2p cash by definition. If you are running a full node it doesn\'t matter if 100% of the miners try and subvert the rules you agree to , they cannot force you to accept blocks or changes you don\'t agree to . It is absolutely critical we enforce and respect the rights of individual bitcoin users.\n\n4.\tVarious sybil attacks can be used in conjunction with lie by omission and say that a block isn\'t there when it actually is--a sort of denial of service attack. \n\nFurther reading on light client security assumptions -\n\n\nhttps://bitcoinj.github.io/security-model\n\nhttps://arxiv.org/pdf/1706.00916.pdf\n\nhttps://bitslog.wordpress.com/2018/06/09/leaf-node-weakness-in-bitcoin-merkle-tree-design/\n\nhttps://www.youtube.com/watch?time_continue=16148&v=UVuUZm4l-ss (Peter Todd sends himself 21 million BTC with a thin client)\n\nhttp://www.truthcoin.info/blog/fraud-proofs/', 'iihjha'], ['u/Xanaxtastrophy', 14, '2020-08-29 01:30', 'https://www.reddit.com/r/BitcoinBeginners/comments/iihjha/running_a_full_node/g36sz1e/', 'Jesus Fucking Christ I have so much to learn. Thank you for this info dump, I appreciate you taking them time. I will definitely look into this.', 'iihjha']]], ['u/[deleted]', 'The Brilliant Satoshi Nakamoto responded to Quantum Computer FUD 11 years ago', 79, '2020-08-29 03:48', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/', "1. “SHA-256 is very strong. It's not like the incremental step from MD5 to SHA1. It can last several decades unless there's some massive breakthrough attack.”\n2. “If SHA-256 became completely broken, I think we could come to some agreement about what the honest block chain was before the trouble started, lock that in and continue from there with a new hash function.”\n\nSource: https://bitcointalk.org/index.php?topic=191.msg1585#msg1585\n\nAnd keep in mind that this is worst case situation, as if Quantum computers came unsuspectedly years earlier- I think lamport signature or other solutions could easily be implemented before any trouble comes.", 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/', 'iik34k', [['u/Manticlops', 21, '2020-08-29 03:58', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g3782u4/', ">I think lamport signature or other solutions could easily be implemented before any trouble comes.\n\nRight, and the state of the art is evolving relatively rapidly, so it's not like we'd want to lock in a particular solution decades early.", 'iik34k'], ['u/mbrochh', 18, '2020-08-29 04:56', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g37dqqv/', 'Besides, quantum computers would break all banking and government secrecy.\n\nYou can be sure that more and smarter engineers will be thrown at that problem than the Y2K bug - which turned out to be a total nothingburger in the end thanks to all the preparations.', 'iik34k'], ['u/xboox', 10, '2020-08-29 05:52', 'https://www.reddit.com/r/Bitcoin/comments/iik34k/the_brilliant_satoshi_nakamoto_responded_to/g37j1om/', 'Quantum computers (if they ever come out of the sci-fi realm) will break ECDSA (public key signing) & yes all modern ssh/ssl systems everywhere. \nSHA256 is not susceptible to QC. He was talking about some other theoretical weakness in the hashing function. And yes he suggested great workarounds.', 'iik34k']]], ['u/jonald_fyookball', 'Showerthought: Bitcoin Cash lack of governance structure in the protocol is a feature, not a bug.', 45, '2020-08-29 03:52', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/', 'Discuss.', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/', 'iik546', [['u/GiveMeYourArdMone', 10, '2020-08-29 05:00', 'https://www.reddit.com/r/btc/comments/iik546/showerthought_bitcoin_cash_lack_of_governance/g37e5ah/', "Well said. Any IFP is a bad IFP. The reason that Satoshi didn't include an IFP tax into Bitcoin was very intentional and wise.", 'iik546']]], ['u/JonBoy82', 'After reaching your BTC goal', 14, '2020-08-29 03:58', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/', "Did you change your investment strategy after reaching your BTC goal? I DCA'd to my goal and I was wondering if anyone changed their strategy after reaching theirs.", 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/', 'iik897', [['u/senfmeister', 15, '2020-08-29 04:02', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g378ke9/', 'My goal is 21,000,000.', 'iik897'], ['u/seamonster82', 10, '2020-08-29 04:12', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g379hew/', 'Then it would be worthless', 'iik897'], ['u/seamonster82', 34, '2020-08-29 04:12', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g379jfu/', "It's never enough. You reach your goal and want more an hour after.", 'iik897'], ['u/Manticlops', 12, '2020-08-29 04:27', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g37aytz/', 'Unless anyone else has the same goal.', 'iik897'], ['u/xtal_00', 11, '2020-08-29 04:51', 'https://www.reddit.com/r/Bitcoin/comments/iik897/after_reaching_your_btc_goal/g37db00/', 'What am I going to do? S... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3. Falling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0. Steering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels. A bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Binance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red. It was a bullish day for the rest of the majors, however. Cardano’s ADA rallied by 6.34% to lead the way. EOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day. In the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn. Bitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%. This Morning At the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4. Bitcoin broke through the first major resistance level at $11,582 early on. Elsewhere, it was also a bullish start to the day. Story continues At the time of writing, Tron’s TRX was up by 5.15% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672. Support from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4. Barring an extended crypto rally, the second major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829. A fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360. This article was originally posted on FX Empire More From FXEMPIRE: US Stock Market Overview – Stock Rise Led by Energy Shares as Nasdaq and S&P Hit Weekly All-time Highs The Crypto Daily – Movers and Shakers – August 30th, 2020 U.S Mortgage Rates Hit Reverse. Record Low Rates Continue to Drive Buyer Demand Gold Price Prediction – Prices Rise as Consumer Spending Increases Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping', 'Bitcoin, BTC to USD, fell by 0.46% on Saturday. Partially reversing a 1.78% gain from Friday, Bitcoin ended the day at $11,492.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $11,483.0 before rising to a late morning intraday high $11,606.3.\nFalling short of the first major resistance level at $11,640, Bitcoin slid to a late morning intraday low $11,450.0.\nSteering clear of the first major support level at $11,376, Bitcoin moved back through to $11,500 levels.\nA bearish end to the day, however, saw Bitcoin slip back to sub-$11,500 levels and into the red.\nThe near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nBinance Coin (-0.61%), Bitcoin Cash ABC (-0.47%), Bitcoin Cash SV (-0.78%), Litecoin (-0.71%), and Monero’s XMR (-2.06%) joined Bitcoin in the red.\nIt was a bullish day for the rest of the majors, however.\nCardano’s ADA rallied by 6.34% to lead the way.\nEOS (+0.27%), Ethereum (+0.82%), Ripple’s XRP (+0.80%), Stellar’s Lumen (+0.59%), Tezos (+2.65%), and Tron’s TRX (+4.22%) also made gains on the day.\nIn the current week, the crypto total market rose to a Monday high $360.52bn before falling to a Tuesday low $329.92bn. At the time of writing, the total market cap stood at $351.97bn.\nBitcoin’s dominance rose to a Tuesday high 62.13% before falling to a Saturday low 60.69%. At the time of writing, Bitcoin’s dominance stood at 61.01%.\nAt the time of writing, Bitcoin was up by 1.36% to $11,648.0. A bullish start to the day saw Bitcoin rise from an early morning low $11,480.0 to a high $11,668.4.\nBitcoin broke through the first major resistance level at $11,582 early on.\nElsewhere, it was also a bullish start to the day.\nAt the time of writing, Tron’s TRX was up by 5.15% to lead the way.\nBitcoin would need to avoid a fall back through to sub-$11,600 levels to support a run at the second major resistance level at $11,672.\nSupport from the broader market would be needed, however, for Bitcoin to break out from the morning high $11,668.4.\nBarring an extended crypto rally, the second major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The third major resistance level sits at $11,829.\nA fall back through to sub-$11,600 levels and the $11,516 pivot would bring the first major support level at $11,426 into play.\nBarring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,400 levels on the day. The second major support level sits at $11,360.\nThisarticlewas originally posted on FX Empire\n• US Stock Market Overview – Stock Rise Led by Energy Shares as Nasdaq and S&P Hit Weekly All-time Highs\n• The Crypto Daily – Movers and Shakers – August 30th, 2020\n• U.S Mortgage Rates Hit Reverse. Record Low Rates Continue to Drive Buyer Demand\n• Gold Price Prediction – Prices Rise as Consumer Spending Increases\n• Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand\n• Natural Gas Price Prediction – Prices Slip but Trend Remains Upward Sloping', 'On the Macro It’s a busy week ahead on the economic calendar , with 75 stats in focus in the week ending 4 th September. In the week prior, 47 stats had been in focus. For the Dollar: It’s yet another busy week ahead on the economic data front. In the first half of the week, the focus is on August’s ISM Manufacturing PMI and ADP nonfarm employment change figures. Following the impressive Markit survey numbers, the market’s preferred ISM survey will need to be aligned. With sensitivity to labor market conditions remaining high, expect the ADP numbers to also influence. It’s a busier 2 nd half of the week. On Thursday, the ISM Non-manufacturing PMI and weekly jobless claims figures will be key drivers. The focus will then shift to August’s non-farm payrolls and unemployment figures. Any weak numbers and expect risk aversion to sweep across the markets. The Dollar Spot Index ended the week down by 0.94% to 92.371. For the EUR : It’s a busy week ahead on the economic data front. On Tuesday, August manufacturing PMIs for Italy and Spain, and German unemployment figures are due out. Finalized PMIs for France, Germany, and the Eurozone will also draw attention. The focus will then shift to July retail sales figures for Germany on Wednesday, ahead of a busy Thursday. August’s service sector PMIs for Italy and Spain and finalized PMIs for France, Germany, and the Eurozone will also be of interest. Expect the Eurozone’s services and composite PMIs to be the key drivers, however. At the end of the week, German factory order numbers for July will also influence. Expect unemployment and retail sales figures for the Eurozone and prelim August inflation figures for member states to have a muted impact. The EUR/USD ended the week up by 0.90% to $1.1903. For the Pound: It’s a relatively quiet week ahead on the economic calendar . Finalized private sector PMIs for August are in focus in the week. Story continues Any revisions to the prelim figures need to be considered. Expect the services PMI to have the greatest influence in the week. On Friday, August’s BTC Retail Sales Monitor will also draw interest. From the Bank of England, BoE Gov. Bailey is scheduled to speak late on Thursday. The GBP/USD ended the week up by 2.00% to $1.3352. For the Loonie: It’s a busy week ahead on the economic calendar . In the early part of the week, July’s RMPI will influence on Monday. The focus will then shift to July trade figures on Thursday and August’s employment and Ivey PMI numbers on Friday. We would expect August’s employment change figure to have the greatest significance. The Loonie ended the week up by 0.59% to C$1.3099 against the U.S Dollar. Out of Asia For the Aussie Dollar: It’s a busy week ahead on the economic calendar. Early in the week, 2 nd quarter company gross operating profits, July private sector credit, and the AIG Manufacturing Index are in focus. The focus will then shift to 2 nd quarter GDP numbers on Wednesday. Finally, July trade data on Thursday and retail sales figures on Friday will also draw plenty of attention. On the economic data front, expect the GDP and retail sales figures to be the key drivers. The RBA has continued to raise uncertainty regarding consumption, which it sees as key to any economic recovery. On the monetary policy front, the RBA is also in action on Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,911,846,747 - Hash Rate: 110847196.12753049 - Transaction Count: 269114.0 - Unique Addresses: 555079.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: When I answer the phone, Zephyr Teachout quickly explains our call might be shorter than planned. Both she and I are at the whim of her two-year-old toddler, who is sleeping and could wake at any time. Teachout, a law professor at Fordham University in New York, is best known for her runs for governor of the state and for Congress from New York’s 19th district (both races she lost). She has also written numerous books, including her latest,“BREAK ‘EM UP: Recovering Our Freedom from Big Ag, Big Tech, and Big Money.”Our discussion comes the day after historic Big Techantitrust hearingsin Congress. Teachout sees the antitrust discussion as a flashpoint for understanding how democracy and corruption collide. To her, concentrations of private power, as with the Big Tech companies, can’t be fixed with, say, campaign finance reform. These companies are a threat to the public sphere and our ability as individuals to make decisions about the future. Related:Central Banks Are Privacy Providers of Last Resort We discussed the antitrust hearings in Congress, what she means by a “f–k-off economy,” and the “parallel governments” that massive companies have created for users of their services. She is not currently knowledgeable about blockchain and cryptocurrency, but sees them as potentially useful tools for achieving economic decentralization. Our conversation has been edited for length and clarity. What was your reaction to the six-hour antitrust hearings yesterday? Wow. It was a beautiful thing. Congressman David Cicilline [D-R.I.]was totally clear: “This is about democracy versus monopoly. You guys work for us. We’re serious. We’re going to do serious things. And we have some questions.” He had this totally electrifying tone. Related:Community Behind Privacy-Focused Smart Contract Forges Ahead After Settlement And the committee came prepared. They had documents and they focused on the evidence at hand. It couldn’t have been more different than the Mark Zuckerberg Senate hearing after the Cambridge Analytica scandal, where senators were impressed with his earnestness and just made polite requests of him. See also:Why We Need a Federal Privacy Law We have to see the documents to see whether actions these companies took are in fact illegal under current antitrust law. But there is evidence that suggests violations of existing antitrust laws and evidence of things that aren’t violations of laws but are deeply disturbing, for example where platforms use their power to copy or bully other companies. What’s a striking example of that bullying power? Amazon. [CEO Jeff] Bezos’ first answer as to whether they used their access to data to launch and boost their own competing products was “No.” And then there’sgreat reportingthat said the answer should be yes. So Bezos said, ‘Well, our policy is no, but I can’t promise you it’s not done.’ Everybody understands that to sell online, you need to go through Amazon. Sellers truly do not have a choice unless they happen to start with a million dollars and want to make one. Now there’s a growing understanding that Amazon has this data insight into the companies that depend on it, and is directly competing with them. Bezos then was forced to make the concession that seemed clear all along: that these companies are competitors rather than partners. There is no such thing as no-governance regimes. He always talks about the great partnerships, and I was reminded of the mob. Partnership can be a very loaded term depending on whom you’re talking to. Obviously, the best way to stop companies like Amazon from doing that is by mandating that you’re either the platform or you’re competing on the platform. You can’t be both. You need structural responses like that, otherwise, you’re just playing whack-a-mole. How do monopolistic companies create parallel government structures? There are clearly forms of private government that are smuggled inside our current public government and growing in power. If you ask somebody who is an Amazon seller what judicial system they care about, they care a lot about Amazon’s system and their own mechanisms for delisting sellers. These companies have their own intellectual property regime, their own punishment regime, and that is as important if not more so than the public one if you are caught within the web of one of these private, growing governments. See also: Thibault Schrepel–Blockchain Code Can Fill In When Antitrust Law Fails This is a very old idea that we just forgot in 1980, but understood for most American history. It’s that private power always tends to form into a government of itself. And all governments have judicial systems. Sometimes systems are internal to the company, like Amazon’s appeals processor or Facebook’s content moderation system, about whether you get to be on the platform or not. They also use the tool of arbitration, where a company is paying judges (or employees) who then don’t have to follow the rules of making evidence public. These mechanisms of arbitration and secret decision making make it really hard for people to tell stories about what’s actually happening inside these private regimes. Mark Zuckerberg has said Facebook is nowmore like a government than a traditional company. The funny thing is these guys basically tell you they want to be a government all the time. It’s like Oprah Winfrey used to say, “If you listen really closely, people tell you who they are and who they’re going to be.” They all say, “We want to govern you,” and because they are in an economic sphere, we don’t hear that as “Alexander the Great is coming for democracy.” But that’s what they’re doing. You bring up decentralization a lot in the book. How might cryptocurrencies play a role in that? I think of these systems as incredibly important, but it all depends on what the governance mechanism is. When Amazon recentlyapplied for a patent to use blockchain technology, which would basically require every seller to keep a ledger of where all their supplies come from, then basically the technology itself isn’t doing a lot of decentralization. The technology is in service of a centralized power. There is no such thing as no-governance regimes. When I talk to crypto advocates, they’ll often frame it as if it is a world with no governance. But there is never an absence of governance. In the end, someone controls supply. See also:Russian Activists Use Bitcoin, and the Kremlin Doesn’t Like It Technology itself can’t do quite as much work as I think some of the advocates think. But again, let’s have that discussion, because I think there’s just unbelievably powerful ways in which it can be used for the good. My question for everybody is, really, when push comes to shove, who holds the trump cards? Who makes the decision? It’s never nobody. A core question about privacy is “Privacy from whom?” You talk about developing a “f–k-off” economy. What do you mean by that? I’m trying to take the economy back from the economists. They’ve been acting like priests for 40 years and telling us that we, as mere residents of this society, have no business messing with economic terms like monopoly or antitrust, and we should just trust their assessments of efficiency. When you take the economy back for people and not economists, then things like wages matter again. See also:Social Media Bans ‘Highlight the Profound Censorship on Web 2.0’ We need an economy where people have the knowledge that if their boss is really awful, they can say “f–k off” walk away. For that to happen, you need there to be actual competitors you could walk away to. Sometimes people say, “Well, there’s plenty of competition. There’s five companies that do this thing.” But there isn’t a real sense that there are meaningful options. And people should have that. I want to reclaim the idea that freedom in the workplace is essential. How do you see privacy being affected by a handful of companies controlling so much of our economy? There’s good research that our privacy controls got a lot worse after Facebook merged with Instagram, because they no longer needed to compete to actually protect us better than the other. There’s a nice paper on this, “The Antitrust Case Against Facebook” by Dina Srinivasan, which argues that merger was followed pretty quickly by Facebook no longer keeping its old promises towards its users. I don’t think that antitrust is going to do everything for privacy, but I think antimonopoly more broadly and a concern about power should. Privacy means different things to different people. If you see Facebook and Amazon as forms of government, then Facebook or Amazon saying they’re protecting your privacy isn’t a really great comfort. Your government already knows everything about you. See also:Money Reimagined: China’s ‘Cold War’ Blockchain Strategy A core question about privacy is “privacy from whom?” There is a privacy relationship between an individual and centralized power that isn’t just about an individual but the public at large or the formal forms of government. We should move, as people are with facial recognition, towards an arena where some stuff just can’t be collected at all. We say you cannot just take out your spleen and give it to somebody or sell it. There are certain things we should have an absolute ban on collecting and are not governed by contract law. My fear is any privacy regime is trumped by contract law, because when people can individually contract stuff away you have asymmetries of power. Right now the existing tech behemoths have a huge incentive in maintaining a business model whose goal is to maximize the information they have about people and we need to be moving towards an opposing model. So what’s the path forward? We’re in this exciting moment where there’s a lot of new antitrust energy, but it’s pretty new. I have particular solutions, particular things that I think we should do. But more important is to change our overall politics to make them more fundament... - Reddit Posts (Sample): [['u/westernmorty', 'Long term Bitcoin investment as a young person', 31, '2020-08-30 00:09', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/', 'Hi!\n\nDo you think investing 25€ in Bitcoin every month could be one right (and “safe”) long term solution for a young person with a decent income?\n\nI want to avoid, at least for now, investing in AltCoins as they seem to be too volatile to me.\n\nThanks in advance!\n\nEdit: thanks a lot for your replies!', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/', 'ij1a6m', [['u/bitusher', 10, '2020-08-30 00:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3aitey/', 'This is a very sound strategy and not only will you be investing for your future but you will be training your mind to make better investment decisions rather than gambling. \n\nHere is some more advice-\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/hvr3hu/i_want_to_learn_how_to_profit_in_bitcoin/fyv0ycs/\n\nAlso its a good idea to spend and replace your Bitcoin so the money you save allows you to save even more\n\n\nhttps://stekking.com - save up to 20% by spending BTC anywhere but primarily Europe stores\n\nhttps://foldapp.com - save up to 20% Starbucks, Uber, Target , whole foods , Dunkin', 'ij1a6m'], ['u/audigex', 34, '2020-08-30 03:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3b3ep2/', "> right\n\nMaybe. You're in a sub where people obviously think Bitcoin will definitely succeed, so you're going to get biased answers here... Bitcoin could go to $100k/each, or even more. But there's no guarantee\n\n> “safe”\n\nNo. Bitcoin is very volatile, could crash to $0, and has absolutely no guarantee of long term success\n\nThis is an unpopular opinion in Bitcoin subs but Bitcoin investment is speculation. Which means it's basically gambling\n\nIf you want to invest in Bitcoin, go ahead - I put some of my money in Bitcoin and will continue to do so, so obviously I think there's some chance of success... but PLEASE don't treat it as your main (or only) investment.\n\nIf you're thinking about the long term and want something safe and reliable, put at least half of your investments into the stock market (specifically, an ETF)\n\n€15/mo into the FTSEurofirst or S&P500, and €10/mo into Bitcoin? That sounds more sensible to me: over time you'll build up a holding of both, and if Bitcoin moons then you'll make good returns... but if Bitcoin crashes you'll still have some money in a sensible, decent-growth asset", 'ij1a6m'], ['u/JankySeiko', 12, '2020-08-30 03:31', 'https://www.reddit.com/r/BitcoinBeginners/comments/ij1a6m/long_term_bitcoin_investment_as_a_young_person/g3b46ta/', '> This is an unpopular opinion in Bitcoin subs\n\nYou are correct.', 'ij1a6m']]], ['u/HomeStarRunner420', 'Sorry if dumb question... cake wallet question', 10, '2020-08-30 01:48', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/', 'So once I exchange my btc to xmr through cake, should I then send to a local xmr wallet, or am I good to send directly to market from cake? Thanks.', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/', 'ij2uub', [['u/boolinj', 13, '2020-08-30 01:52', 'https://www.reddit.com/r/darknet/comments/ij2uub/sorry_if_dumb_question_cake_wallet_question/g3attzz/', 'cake to market should be fine', 'ij2uub']]], ['u/freetrade', 'A Big Thank You to Everybody Who Pledged to the Unsuccessful member.cash Flipstarter', 101, '2020-08-30 02:21', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/', "While the Flipstarter was ultimately unsuccessful in reaching only 125BCH of its 200BCH target, I want to thank everyone who pledged.\n\nThere really are two parts when you make a Flipstarter pledge - there's the cash value and there's the moral support. For different projects, these two parts will have different relative values, but for me, the moral support is a really big component of it. 'Attaboys are all well and good, but knowing that people I \nrespect and admire in the Bitcoin Cash community were prepared to put their own money up to see the project turbo-charged\nwas and remains enormously encouraging.\n\nSo while the project won't get the the boost I had hoped for, knowing that others in the community value the project and want to see it suceed has given me me additional motivation to continue.\n\nThere was a brief temptation to complete the Flipstarter from borrowed funds, but I decided against that on the grounds that it goes against the spirit of Flipstarter. Pledgers have an expectation that their funds are contributed only if others in the\ncommunity match those pledges, so the pledges are all released now. If you'd still like your pledged funds to support member.cash, you can send the BCH directly to bitcoincash:qqlx98vrupdm9gmnenwpcgy2yv4hfzktwv6raa4n3g (message me with a note for the MEMBER recognition token). I will continue on the terms outlined in the Flipstarter from whatever funds are made available.\n\nWith thanks and gratitude,\n\nFreeTrade", 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/', 'ij3d84', [['u/zquestz', 37, '2020-08-30 02:26', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3axoyn/', 'This is a great attitude and I wish you the absolute best moving forward. I will be sending my flipstarter contribution to your address shortly.', 'ij3d84'], ['u/zquestz', 26, '2020-08-30 02:47', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3azvn9/', 'Here you go:\n\nhttps://explore.cash/mainnet/tx/84bfd61f33979e1c3f53a551ef8835743b1998b86d7ab1770b3d6e16918cb071', 'ij3d84'], ['u/FerriestaPatronum', 32, '2020-08-30 04:32', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3baabv/', "Truly honorable attitude, much kudos. I wasn't a donator before but I am now. https://explorer.bitcoin.com/bch/tx/ad64b8d3afa77528bb518b229ef61c072f8a1fa5f1bce9e34a4ebf73aed5a5d7\n\nI also just signed up for member.cash: \n bitcoincash:qqs0ct7dsktyw23nvzjnpn72lmwqgexr5gaf5s4f8s\n\nWill check it out.", 'ij3d84'], ['u/CryptoStrategies', 20, '2020-08-30 05:00', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bd1cq/', 'Sorry to hear it did not complete. I like the work you have been doing with this platform.', 'ij3d84'], ['u/freetrade', 18, '2020-08-30 05:26', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bfjnl/', 'Thank you again Josh for your generous donation and all the support you showed throughout the campaign.', 'ij3d84'], ['u/freetrade', 16, '2020-08-30 05:27', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bfnp7/', 'Appreciate the sentiment and the donation! Thanks!', 'ij3d84'], ['u/freetrade', 17, '2020-08-30 05:35', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bgfg4/', 'Thank you, Hayden.', 'ij3d84'], ['u/emergent_reasons', 24, '2020-08-30 06:05', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bj8dy/', 'Always appreciate your positive and principled attitude. Forwarded my pledge already.', 'ij3d84'], ['u/freetrade', 12, '2020-08-30 06:58', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3bnouw/', 'Thanks for the kind words and donation. Can I confirm this is you - https://member.cash/#member?qaddress=1Ab9jdpVyr5kC5WALH3p8vbSYSP8NGVNbX', 'ij3d84'], ['u/moleccc', 16, '2020-08-30 08:32', 'https://www.reddit.com/r/btc/comments/ij3d84/a_big_thank_you_to_everybody_who_pledged_to_the/g3buj6d/', 'Hey man.\n\nA bit sad it didn\'t get funded. But thanks to your outstanding spirit, it\'s ok, I guess.\n\n> There was a brief temptation to complete the Flipstarter from borrowed funds, but I decided against that on the grounds that it goes against the spirit of Flipstarter.\n\n(emphasis mine)\n\nI thought about this before and I thought about it again now and my conclusion remains: No, it doesn\'t go against the spirit of flipstarter: it\'s essentially like saying: ok, there\'s not enough monetary support but I still want to do this, so I\'m going to accept the funding provided so far and contribute the rest (in the form of work or whatever is the subject of the flipstarter) myself. I don\'t think that\'s in any way unethical or against the spirit of flipstarter as long as you still feel obligated to the same extent to fulfill your part of the agreement. Doesn\'t really matter who funds it, even if part of the funding is contributed by the owner of the project himself (in form of money or work doesn\'t matter, boils down to the same thing), does it?\n\nAnother comparison to use in order to understand why partly self-funding a flipstarter is not illegitimate is to look at it like a negotiation. The contributors successfully negotiated the price down by something like 35% (guesstimeate, too lazy to calc). Had you self-funded that part it would mean that the agreement still made sense to you even at that lower price. The contributors would still get what they paid for: your commitment. I fail to see the problem.\n\nOn the other hand one can probably assume that not everyone shares this view and so I can understand why you didn\'t self-fund the remainder.\n\nAnyway, I forwarded part of my contributions (~50%, 10 BCH, https://blockchair.com/bitcoin-cash/transaction/d33d03889bcb2b833e187fe137960efa4fd155b0e6caf442f36cdfa0d178efe4) to your donation address (my ID inside OP_... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0. Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672. Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672. The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Sunday. Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way. Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains. Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green. It was a bearish week for the rest of the majors. Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red. In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn. Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%. Story continues This Morning At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Tezos was up by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813. Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested. A fall through the $11,647 pivot would bring the first major support level at $11,563 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397. This article was originally posted on FX Empire More From FXEMPIRE: The Federal Reserve vs. Judy Shelton And Gold Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Price of Gold Fundamental Daily Forecast – Lack of Clarity from Fed Over Policy Shift May Underpin Prices AUD/USD and NZD/USD Fundamental Daily Forecast – Pro-Risk Aussie, Kiwi Should Benefit from Accommodative Fed Oil Price Fundamental Daily Forecast – US Oil Industry Dodges Widespread Damage to Platforms and Refineries AUD/USD Forex Technical Analysis – Inside ‘Window of Time’ for Closing Price Reversal Top', 'Bitcoin, BTC to USD, rose by 2.07% on Sunday. Reversing a 0.46% decline Saturday, Bitcoin ended the week up by 0.57% to $11,730.0. It was a bullish start to the day. Bitcoin rallied from an early morning intraday low $11,480.0 to a late afternoon high $11,721.0. Bitcoin broke through the first major resistance level at $11,582 and the second major resistance level at $11,672. Late in the day, Bitcoin fell back to $11,620 levels before breaking back through the second major resistance level at $11,672. The late recovery saw Bitcoin strike an intraday high $11,730 in the final hour. The near-term bullish trend remained intact, supported by the latest move through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day for the majors on Sunday. Ethereum (+7.62%), Litecoin (+10.45%), and Tron’s TRX (+8.65%) led the way. Binance Coin (+2.87%), Bitcoin Cash ABC (+3.25%), Bitcoin Cash SV (+3.32%), EOS (+4.20%), Monero’s XMR (+3.86%), and Ripple’s XRP (+3.28%) also made solid gains. Cardano’s ADA (+0.96%), Stellar’s Lumen (+2.01%), and Tezos (+1.13%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin (+8.00%), Bitcoin Cash SV (+1.11%), Ethereum (+9.73%), Litecoin (+3.76%), Monero’s XMR (+6.38%), and Tron’s TRX (+11.05%) joined Bitcoin in the green. It was a bearish week for the rest of the majors. Bitcoin Cash ABC (-1.78%), Cardano’s ADA (-3.48%), EOS (-1.92%), Ripple’s XRP (-0.62%), Stellar’s Lumen (-4.55%), and Tezos (-3.75%) saw red. In the week, the crypto total market fell to a Thursday low $329.40bn before rising to a Sunday high $359.74bn. At the time of writing, the total market cap stood at $357.31bn. Bitcoin’s dominance rose to a Thursday high 62.28% before falling to a Sunday low 60.17%. At the time of writing, Bitcoin’s dominance stood at 60.54%. Story continues This Morning At the time of writing, Bitcoin was up by 0.04% to $11,735.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,713.0 before striking a high $11,744.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (-0.77%), EOS (-0.24%), and Ethereum (-0.71%) saw red early on. It was a bullish start for the rest of the majors. At the time of writing, Tezos was up by 0.73% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,647 pivot level to support a run at the first major resistance level at $11,813. Support from the broader market would be needed, however, for Bitcoin to break out from this morning’s high $11,744.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $11,897 and resistance at $12,000 would likely be tested. A fall through the $11,647 pivot would bring the first major support level at $11,563 into play. Barring an extended crypto sell-off, however, Bitcoin should avoid sub-$11,500 levels on the day. The second major support level sits at $11,397. This article was originally posted on FX Empire More From FXEMPIRE: The Federal Reserve vs. Judy Shelton And Gold Natural Gas Price Fundamental Daily Forecast – Next Rally Hinges Upon Renewed LNG Demand Price of Gold Fundamental Daily Forecast – Lack of Clarity from Fed Over Policy Shift May Underpin Prices AUD/USD and NZD/USD Fundamental Daily Forecast – Pro-Risk Aussie, Kiwi Should Benefit from Accommodative Fed Oil Price Fundamental Daily Forecast – US Oil Industry Dodges Widespread Damage to Platforms and Refineries AUD/USD Forex Technical Analysis – Inside ‘Window of Time’ for Closing Price Reversal Top', 'Bitcoin rose by 0.57% in the week ending 30thAugust. Following a 2.19% slide from the previous week, Bitcoin ended the week at $11,730.0.\nIt was a bullish start to the week. Bitcoin rose to a Monday intraweek high $11,847.0 before hitting reverse.\nFalling short of the first major resistance level at $12,305 Bitcoin slid to a Tuesday intraweek low $11,137.0.\nBitcoin fell through the first major support level at $11,205, Bitcoin a moving back through to $11,700 levels on Sunday.\n4 days in the green that included a 2.07% gain on Sunday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,571 pivot to support a run the first major resistance level at $12,006.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,847.\nBarring an extended crypto rally, the first major resistance level and last week’s high would likely cap any upside.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,281. Expect plenty of resistance at $12,000, however.\nFailure to avoid a fall through the $11,571 pivot would bring the first major support level at $11,296 into play.\nBarring an extended sell-off, Bitcoin should avoid sub-$11,000 and the second major support level at $10,861.\nIn the event of a sell-off, expect support at $10,500 to be tested in the week.\nAt the time of writing, Bitcoin was down by 0.02% to $11,727.2. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,713.0 before rising to a high $11,744.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum rose by 9.73% in the week ending 30thAugust. Reversing a 9.87% slide from the previous week, Ethereum ended the week at $428.94.\nA bullish start to the week saw Ethereum rise to a Monday high $411.97 hitting reverse.\nFalling well short of the first major resistance level at $432.00, Ethereum slid to Tuesday intraweek low $369.36.\nEthereum steered clear of the 23.6% FIB of $367 and the first major support level at $364 in the pullback.\nFinding support in the latter part of the week, Ethereum struck a Sunday intraweek high $429.90 before easing back. In spite of the rally, Ethereum came up short of the first major resistance level at $432 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-08-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $213,911,846,747 - Hash Rate: 130921885.1899966 - Transaction Count: 302920.0 - Unique Addresses: 662241.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Privacy-focused Bitcoin software wallet Wasabi is getting a major protocol overhaul. The Wasabi team is working on a new protocol design, dubbed WabiSabi , in a bid to improve the user experience and privacy guarantees of the wallet’s CoinJoin transactions. The major design change would allow users to coinjoin with different values than their peers, a first for the privacy-minded technology that could lead to new (and more flexible) use cases. Wasabi has been conceptualizing the design in a research group since the beginning of 2020 and has hired team members to work on the implementation. Out with the old Currently, Wasabi’s CoinJoin – a mixing protocol that, when used correctly, can obscure a bitcoin’s transaction history – relies on the ZeroLink protocol and blind signatures for mixing. Under this scheme, users must spend a set minimum amount of bitcoin with other users in a mixing pool for the CoinJoin to work successfully; these like amounts are shuffled together in a pool, after which each user receives the same amount of bitcoin back in a way that doesn’t reveal their original input. Related: Market Wrap: Bitcoin Climbs to $11.5K With Record Amount in DeFi For this to work effectively, each user in a CoinJoin transaction must send a minimum amount of bitcoin to the mixing pool (e.g., 0.1, 0.01, etc) so as to ensure that they receive the same output as other users when the CoinJoin is complete. If recipients don’t receive the same amount of Bitcoin at the end of a join as other users in the mix, the transactions could be easily deanonymized by blockchain surveillance. This current scheme also gives the CoinJoin’s coordinator a spyglass into a user’s information. Wasabi contractor and contributor Max Hillebrand told CoinDesk that a coordinator “could link the input to the change output, and could link multiple inputs to the same user.” WabiSabi won’t disintermediate this coordinator role, seeing as it is necessary to make the protocol as frictionless and low-latency as possible. But the new design, according to Wasabi’s team, will keep the coordinator from tracing inputs to ensure “as few privacy leaks as reasonable,” Hillebrand said. Story continues In with the new The new protocol is a technical casserole that combines Pedersen commitments and keyed-verification anonymous credentials (KVAC), a feature used for group messaging on the encrypted chat app Signal. Related: Fed Chair Powell's Flexible Inflation Views Were Already Priced In If WabiSabi works in practice as it does in theory, then users will be able to spend any amount, irrespective of the value spent by their peers – an improvement over the current design which demands equal value payouts to mixing participants. Wasabi co-founder and lead researcher Adam Ficsor told CoinDesk this new design could unlock new CoinJoin use cases, like “ CoinSwapping with CoinJoins and open[ing] lightning channels with CoinJoins.” Hillebrand continued to highlight that this implementation will not be limited to self-spends, where users can only send a CoinJoin transaction to themselves, like under the current model. Rather, WabiSabi would allow them to make payments in a CoinJoin transaction to another user as well. This process would operate in the background if it runs the way Wasabi envisions it, opening up the possibility to make “every spend a CoinJoin.” “The [old] Zero Link CoinJoins are mainly a self-spend, so the same user owns the input and the output. It’s not a payment; it’s like you are shuffling the bitcoin from your left pocket to your right pocket. This increases blockspace usage and thus incurs more expensive mining fees for the sender and verification cost for all Bitcoin full node users.” ‘Testing, testing, testing’ Of course, the protocol’s development is still in its early stages, and Wasabi lead developer Lucas Ontivero told CoinDesk the white paper, which was unveiled to the Bitcoin developer mailing list in mid-June, is “still being peer reviewed.” The challenge now is structuring the actual transaction design, which is a different technical feat from designing the protocol itself. As Hillebrand explained, the WabiSabi protocol design sets the parameters for data transmission between end users and coordinators, while the transaction structure of inputs and outputs is a different problem entirely. This “transaction structure is not 100% ready,” Wasabi cryptographer István András Seres told CoinDesk over email. He added that “it is a huge design [requirement]” and that the team will want a “proper audit” before feeling comfortable releasing it to the public. So a working WabiSabi implementation may be some time away, though the next step in development is creating a transaction scheme that retains the privacy promises of the underlying protocol. The team did not make any promises about when the tech could be ready, as “there are many open research questions and unknowns,” Hillebrand said. As independent Bitcoin privacy researcher Yuval Kogman put it, the next, challenging step is “going from theory to practice” in a way that keeps the protocol as user friendly as possible to maximize its adoption. “On the cryptography side, the theory is well developed and understood. Anonymous credentials as a concept go a long way back and are fairly straightforward to apply…a big part of the challenge is UI/UX [user interface/user experience], and in order to take full advantage of the credential scheme and the transaction structure, we will have to find some creative solutions,” he said, adding that the team has “already come up with some pretty promising and interesting ideas.” This article was updated to more accurately describe how Wasabi’s current CoinJoin implementation works. Related Stories Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values Wasabi Wallet Is Revamping Its CoinJoin Design to Allow Bitcoin Mixing With Differing Values... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 21Shares Bitcoin & Ethereum Product list on the official ‘Regulated’ Market of the Vienna Stock Exchange 1 September 2020 - Vienna \| Zurich - Wiener Börse, the Vienna Stock Exchange, becomes the 3rd exchange venue globally to admit a Bitcoin Product on its official “regulated’ market segment. Following the admission to listing on Deutsche Boerse XETRA in July 2020, Swiss-based ETP issuer 21Shares AG has now brought the first Bitcoin and Ethereum Products to the official market on the Austrian exchange bringing more security, transparency and cost-effective access to investors seeking exposure to this alternative asset class. Starting effectively from 1 st September 2020 the 21Shares Bitcoin ETP ( ABTC - WKN A2T64E - Ticker 21XB) and the 21Shares Ethereum ETP ( AETH - WKN A2T68Z - Ticker 21XE) can be traded on the official market of the Vienna Stock Exchange. As a result of the listing on the Vienna Stock Exchange, the largest exchange in each of the three DACH (Germany, Austria and Switzerland) countries has now admitted a Bitcoin ETP. This achievement further demonstrates institutional - and more importantly regulatory - acceptance of this emerging digital asset class. The two products ABTC and AETH are passported into Austria and authorized for distribution for both retail and institutional investors using a familiar and widely accepted financial structure. “We are happy to share that Bitcoin is now accessible everywhere for both retail as well as institutional investors across the entire DACH region.” Hany Rashwan , CEO at 21Shares AG , says. “We started with the Swiss market due to our home roots and having a crypto-friendly landscape. In July 2020, we entered the German market by listing ABTC on Deutsche Boerse XETRA. This listing in Austria now gives all German-speaking countries easy exposure to this asset class. Outside the DACH region, no other jurisdiction globally provides such comprehensive and ample access to Bitcoin.” Story continues “With this important listing, the Vienna Stock Exchange is expanding its selection of asset classes. Experienced, local investors can now benefit from the stock market advantages in crypto trading: Monitored, regulated and transparent trading with real-time information and secure settlement via their regular brokers account," says Thomas Rainer , Head of Business Development at Wiener Börse . 21Shares AG is one of Europe’s most innovative startups, pioneering the mainstream adoption of digital assets via a sophisticated ETP structure familiar to many who have a demand to invest in assets classes such as precious metals or commodities. The growth of the crypto currency market is reflected in 21Shares’ growth in Assets under Management which has seen its assets surpass USD 100 million in less than two years. About 21Shares 21Shares makes investing in crypto assets as easy as buying shares using your conventional broker or bank. Investors can invest in cryptocurrencies using a conventional ETP structure (or tracker) easily, with total confidence and security, cost effectively thanks to the 21Shares suite of ETPs launched by 21Shares and now composed of 11 Crypto ETPs : the 21Shares Crypto Basket Index ETP (HODL:SW), 21Shares Bitcoin (ABTC:SW), 21Shares Ethereum (AETH:SW), 21Shares XRP (AXRP:SW), 21Shares Bitcoin Cash ETP (ABCH:SW), 21Shares Binance ETP (ABNB:SW), 21Shares Tezos ETP (AXTZ:SW), 21shares Bitcoin Suisse ETP (ABBA:SW), 21Shares Bitwise 10 ETP (KEYS:SW), Sygnum Platform Winners Index ETP (MOON:SW) and 21Shares Short Bitcoin ETP (SBTC:SW). The entire suite is listed on a regulated framework on the official market of Deutsche Boerse, SIX Swiss Exchange, BX Swiss and some on Boerse Stuttgart in CHF, USD, GBP and EUR respectively. Founded in 2018, 21Shares is led by a team of talented serial entrepreneurs and experienced banking professionals from the technology and financial world. Incorporated in Zug, with offices in Zurich and New York, the company has launched several world firsts, including the first listed crypto index (HODL) in November 2018. 21Shares has 11 crypto ETPs listed today and has over $100 million in total listed AuM. Press Contact Laurent Kssis +41 44 260 86 60 [email protected] Disclaimer This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful. This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan.This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States.This document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"); or (iv) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (v) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any EEA Member State (other than the Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden) that has implemented the Prospectus Regulation (EU) 2017/1129, together with any applicable implementing measures in any Member State, the "Prospectus Regulation") this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the Prospectus Regulation. Exclusively for potential investors in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Ireland, Italy, Luxembourg, Malta, the Netherlands, Norway, Spain and Sweden the 2019 Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com . The approval of the 2019 Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the 2019 Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand. This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction.This document constitutes advertisement within the meaning of the Swiss Financial Services Act (the "FinSA") and not a prospectus. In accordance with article 109 of the Swiss Financial Services Ordinance, the Base Prospectus dated 13 November 2019, as supplemented from time to time (the "Base Prospectus") and the final terms for SBTC dated 22 January 2020 (the "Final Terms", and together with the Base Prospectus, the "Prospectus") have been prepared in compliance with articles 652a and 1156 of the Swiss Code of Obligations, as such articles were in effect immediately prior to the entry into effect of the FinSA, and the Listing Rules of the SIX Swiss Exchange in their version in force as of January 1, 2020. Consequently, the Prospectus has not been and will not be reviewed or approved by a Swiss review body pursuant to article 51 of the FinSA, and does not comply with the disclosure requirements applicable to a prospectus approved by such a review body under the FinSA. Copies of the Prospectus are available free of charge from the website of the Issuer. Subject to applicable securities laws, the Base Prospectus and the final terms of any product mentioned herein can be obtained from 21Shares AG on the website. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.', 'The 21Shares Bitcoin & Ethereum Product list on the official ‘Regulated’ Market of the Vienna Stock Exchange 1 September 2020 - Vienna \| Zurich - Wiener Börse, the Vienna Stock Exchange, becomes the 3rd exchange venue globally to admit a Bitcoin Product on its official “regulated’ market segment. Following the admission to listing on Deutsche Boerse XETRA in July 2020, Swiss-based ETP issuer 21Shares AG has now brought the first Bitcoin and Ethereum Products to the official market on the Austrian exchange bringing more security, transparency and cost-effective access Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $221,698,609,209 - Hash Rate: 134413135.46172985 - Transaction Count: 376508.0 - Unique Addresses: 795329.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is still consolidating with no clear direction in sight, but some alternative cryptocurrencies like Chainlinks LINK token and Aaves LEND are soaring. Bitcoin, the leading cryptocurrency by market value, is trading near $9,240 at press time, representing moderate losses on a 24-hour basis. The cryptocurrency has spent a better part of the last two months trading the narrow range of $9,000$10,000. The prolonged consolidation has pushed a key volatility metric to its lowest level since November 2018. A big move could happen soon, possibly on the higher side, as on-chain data is painting a bullish picture. The seven-day moving average of the number of active bitcoin addresses has risen to a 2.5-year high of 478,669, as per data source Glassnode , likely indicating increased demand for the cryptocurrency. The percentage of bitcoin that hasnt moved in a year also jumped to a new record high of 62.12% on Tuesday a sign of strong investor confidence in the cryptocurrencys long-term prospects. Chainlink LINK , an Ethereum ERC-20 standard token used to pay for services on the decentralized oracle network Chainlink, has risen by over 10% in the past 24 hours. LINK is now trading above $8.15, up 78% on a month-to-date basis and up 364% for 2020. The token seems to be benefiting from the buzz around decentralized finance (DeFi). LINKs trading volume has now surpassed that of Ethereums ether token to become the third-most traded cryptocurrency in the last 24 hours, as per Messari . With LINKs price rising by over 300% this year, all 168,160 addresses currently holding the token are in-the-money or making a profit on their investments, according to IntoTheBlock , a blockchain intelligence company. Aave LEND token, the native cryptocurrency of the decentralized lending platform Aave, and decentralized technology platform Ontologys ONT token have also gained over 10% in the past 24 hours. Aaves LEND token has increased by over 1200% so far this year due to a rapid increase in usage since the launch of mainnet in January. As reported Monday, altcoins in general are performing well while bitcoin languishes. The FTX exchanges index of 50 low-capitalization cryptocurrencies, the so-called Shitcoin Index , is up 111% so far this year. Story continues Disclosure: The author holds no cryptocurrency assets at the time of writing. Related Stories With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally... - Reddit Posts (Sample): [['u/christandcarrots', "Maybe I'll never achieve 3 Bitcoin?", 12, '2020-09-01 00:11', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/', 'It has been about a year since I posted my previous progress to 1 bitcoin:\n\n [my road to 1 bitcoin](https://www.reddit.com/r/Bitcoin/comments/9f90u4/my_1_year_history_and_road_to_1_bitcoin/) \n\nI\'ve been trying since this time to get another coin but haven\'t made it quite yet. Prices I purchased at since my last post, ordered from low to high price:\n\n$6300\n\n$6900 (biggest transaction by dollar amt in 2020)\n\n$7200\n\n$7500\n\n$8800\n\n$9300\n\n$11,700 (yes I bought again today which made me think of posting this)\n\nI lost my job when Bitcoin dived in price in March-April so I was too gun-shy to add to my holdings for a big chunk of the Covid times. Now that the 2020 price range has been over say $7K much of the time, my DCA purchases don\'t go as far. I try to scrape up at least $300-$500 or so before I buy but I have managed to make one-time purchases of up to $1,500 or so a couple of times this year. Luckily I made one of those at about the $6900 mark so I feel good about that.\n\nJust wondering if anyone else frets over this kind of Bitcoin price velocity and despairs of ever having even one (or one more) "whole coin" -- Not that whole coins matter, even, but sometimes I get panicky and think maybe I should liquidate everything I can get my hands on to get 1 more coin. \n\nJust sharing my bitcoin FOMO and paranoia with you all, for your entertainment.', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/', 'ik7tuk', [['u/bradley_cohen', 14, '2020-09-01 00:59', 'https://www.reddit.com/r/Bitcoin/comments/ik7tuk/maybe_ill_never_achieve_3_bitcoin/g3izfub/', "Just know that it wouldn't matter how many you have - that feeling doesn't go away.\n\nIf you had 2845 BTC you would want 2846 BTC.", 'ik7tuk']]], ['u/Holdmydicks', 'Looking for a good site where I can place bets while living in California', 10, '2020-09-01 02:36', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/', 'Also, is it better to go through bitcoin for deposits and withdrawals, or does anyone have any better options?', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/', 'ika9ir', [['u/Hiplobster123', 12, '2020-09-01 03:05', 'https://www.reddit.com/r/sportsbook/comments/ika9ir/looking_for_a_good_site_where_i_can_place_bets/g3jduhx/', 'Bovada, that’s what I use in California', 'ika9ir']]], ['u/beastmanus', 'Bitcoin in a third world Country?', 28, '2020-09-01 05:14', 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/', "I'm a complete newbie in Bitcoin and plan to invest after some research, But is it profitable to invest in a third world country or the country doesn't affect Bitcoin?", 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/', 'ikcoj7', [['u/TPK001', 21, '2020-09-01 05:24', 'https://www.reddit.com/r/BitcoinBeginners/comments/ikcoj7/bitcoin_in_a_third_world_country/g3jt9vx/', "If it is a 3rd world country, which has an unstable currency, unstable laws, capital restrictions even more reason to allocate some % of your savings to Bitcoin. 1-5% is a suggestion you'll see often.\n\nIf it is a well run 3rd world country, with the rule of law, low corruption etc. even then worth some exposure. Your country could do everything right but be impacted by world events.\n\nBitcoin's highest performance has been against currencies in poorly run countries (Turkey, Lebanon, Argentina and so on).... setting All Time Highs this year.\n\nAs for profitability, you need a 2-3 year holding period. For most of us a good idea to Cost Average your way in. Good luck.", 'ikcoj7']]], ['u/SonderDev', 'Introducing Nendly, the Notion-Friendly Forum', 117, '2020-09-01 05:20', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/', '[Nendly](https://nendly.com/), the Notion-Friendly Forum is a social media site that offers a novel approach to Internet communities.\n\n# Overview\n\nSocial media today is a poor avenue for Internet conversations. Everyone can have their say, but only in their particular echochamber. While I\'ve written more about it [in an essay](https://nendly.com/a/faq), go to r/cc and you\'ll see the main crux. The things you can talk about here won\'t fly so well there. Now why is that?\n\nIt\'s because on Reddit, we have a downvote button. And since what you see is based on vote scores, it\'s essentially a censorship button. If you don\'t hold a 51% opinion, those in the majority will vote you down, and you\'ll leave to join another where the electorate is more favorable. And so we get a million insulated communities, each so sure that the others are wrong and needlessly hostile.\n\nBut it doesn\'t have to be this way! Nendly uses a state-of-the-art voting algorithm that enables discussions wherein many competing ideas are possible. Instead of the upvote and downvote buttons being directly tied to what users see, Nendly performs viewpoint analysis to find the best content among a range of diverse beliefs. And since it uses game-theory, there\'s no possibility for an r/cc style take-over. You can read more about it [here](https://nendly.com/a/faq), but basically I\'ve solved the r/cc problem, as seen in Nendly\'s much friendlier [n/crypto](https://nendly.com/n/crypto) community.\n\nNow there\'s a lot more to the site, including huge usability improvements and features Reddit doesn\'t have, but I\'ll have to leave it for a video I\'ll put out tomorrow. Ask me any questions and I\'ll address them then. (I need to sleep, it\'s been a wild day).\n\n# Nano\n\nOk but why is this a big deal for nano? The benefits are many.\n\n* Nano is exclusively integrated site-wide. Instead of Reddit "awards", we have nano-based gifts that mostly go to the end user. That\'s right, you can get paid to use social media. Forget Reddit\'s ETH integration, we\'ve beet \'em to it, guys!\n* When someone awards your post or comment with nano, you get a helpful message from the system user, who gives you information about nano, the foundation, wallets, etc. so you can adopt it yourself.\n* The user base will be primarily non-crypto people, since I\'ve intentionally built the site for a general-purpose audience. And since nano is the only crypto fully-integrated, we\'ll be actively getting people to join Nano. They won\'t just see it on a list with 50 other coins and bitcoin at the top. We are talking REAL ADOPTION.\n* With scale comes power. Imagine if we had complete control over the code for this subreddit. If someone had an idea requiring scale, we could actually fulfill it. We wouldn\'t have the "okay but where will you get your users" problem. If someone had an idea like ads that pay you nano to view them, we\'d be able to break down that barrier. Well here\'s the thing, we\'ve got Nendly, and with it we can solve the scale problem once and for all. Not just with [n/crypto](https://nendly.com/n/crypto), but with the entire site if we like. As Nendly grows, so too does our launchpad.\n\nThere\'s more too for nano I\'ll put in the video. Again, ask me questions and I\'ll answer them when I\'m not so tired :)\n\n# Current Progress\n\nThere\'s a lot of features that I\'ll be releasing over the coming days and weeks that are close to being done. For now, so I could meet the August deadline I set for myself, it\'s a Desktop-only experience with mobile coming very soon (we\'ve also got a public API that\'s mostly done, PM me if you want to build an App or something).\n\nSo hey, try my site out! You\'ll find updates coming out very fast since most of the cool stuff is \\~90% done. I plan on a major update happening once a week, so it\'ll be a quick-moving experience if you join our community.\n\nPlease bare with me since it\'s just now public. There\'s bound to be funny bugs we\'ll run into, and I already know some email providers are dropping my mail since they\'ve never heard of [nendly.com](https://nendly.com). And who knows, maybe the servers will explode.\n\nAlso, I want to say thanks for all the support these past 2 months. I really wanted to give you something you could use before August ended, and thankfully we made it just hours before September!\n\nEdit ok, [here’s the video!](https://reddit.com/r/nanocurrency/comments/ikvp8f/answering_your_nendly_questions/)', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/', 'ikcrtd', [['u/silverstar194', 26, '2020-09-01 06:04', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jx6sm/', "Neat project! How do you plan on gaining users? There have been similar projects such as Steemit in the past that fail to gain a user base.\n\nP.S. Send me a PM and I'll get you an ad slot on NanoSpeed.live", 'ikcrtd'], ['u/otherwisemilk', 17, '2020-09-01 06:27', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jz7q9/', "Your privacy stance is amazing btw. I like the idea and intention but I'm worried about the adoption. What are the plans around that?", 'ikcrtd'], ['u/xblackrainbow', 10, '2020-09-01 06:32', 'https://www.reddit.com/r/nanocurrency/comments/ikcrtd/introducing_nendly_the_notionfriendly_forum/g3jzljw/', "If you want adoption.... I don't know if you feel comfortable with subjects like conspiracies.\n\nThat subreddit is desperately looking for alternative forums that aren't overtly racist and more open minded. Reddit is going through a ton of censorship and crafting narratives right now.\n\nI truly believe in free speech though especially if they are evidence based.", 'ikcrtd'], ['u/t_j_l_', 16, '2020-09-01 06:56', 'https://www.reddit.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['That was well above the market forecast of 54.5 and the highest reading since November 2018. The leading indicator was supported by new orders which increased to 67.6 last month, but the employment component of the index continued to show weakness suggesting that factories are still slow to bring back employees. If the ISM services index due to be released on Thursday shows a similar reading, that would suggest jobs remains a weak spot in the US economy. However, investor focus today will be on the ADP employment change data which is expected to show 950,000 jobs were added in the private sector in August versus 167,000 in July. The ISM surveys along with the ADP report may provide an early indication of what to expect from Friday’s non-farm payrolls report.\nImproving economic data, along with expectations that interest rates will remain near zero for several years, are great ingredients for risk assets. Investors do not seem to be worried about overstretched valuations as long as the Fed is willing to depress interest rates and continue providing the liquidity needed to keep yields in check.\nDespite this optimism, investors need to re-think how to approach a market that’s sitting at record highs with two months remaining to the US presidential elections. Latest polls have shown the race between President Donald Trump and former Vice President Joe Biden have narrowed significantly over the past few weeks. According to Real Clear Politics, the difference is now less than 1% point in favour of Biden. The narrowing gap has translated into a sharp rise in future contracts for the Vix volatility indices. At the time of writing, the October Vix contract is sitting above 33 while spot Vix is hovering near the top of August trading range at 26. A rising stock market with elevated volatility is not a healthy sign and usually indicates turmoil ahead. So, expect risk to be skewed to the downside with big moves as we head into October.\nOpen your FXTM account today\nDisclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Daily Forecast – Attempt To Settle Above The 20 EMA\n• AUD/USD Forex Technical Analysis – Chart Pattern Suggests Next Downside Target is .7275 – .7242\n• Bitcoin (BTC/USD) Remains Bullish Despite H&S Reversal Pattern\n• U.S. Stocks Set To Open Higher As Traders Bet On New Stimulus Package\n• AUD/USD Price Forecast – Australian Dollar Pulls Back\n• Monthly Recap: Ethereum Provides Massive Returns While Bitcoin Remains Dormant', 'That was well above the market forecast of 54.5 and the highest reading since November 2018. The leading indicator was supported by new orders which increased to 67.6 last month, but the employment component of the index continued to show weakness suggesting that factories are still slow to bring back employees. If the ISM services index due to be released on Thursday shows a similar reading, that would suggest jobs remains a weak spot in the US economy. However, investor focus today will be on the ADP employment change data which is expected to show 950,000 jobs were added in the private sector in August versus 167,000 in July. The ISM surveys along with the ADP report may provide an early indication of what to expect from Friday’s non-farm payrolls report. Improving economic data, along with expectations that interest rates will remain near zero for several years, are great ingredients for risk assets. Investors do not seem to be worried about overstretched valuations as long as the Fed is willing to depress interest rates and continue providing the liquidity needed to keep yields in check. Despite this optimism, investors need to re-think how to approach a market that’s sitting at record highs with two months remaining to the US presidential elections. Latest polls have shown the race between President Donald Trump and former Vice President Joe Biden have narrowed significantly over the past few weeks. According to Real Clear Politics, the difference is now less than 1% point in favour of Biden. The narrowing gap has translated into a sharp rise in future contracts for the Vix volatility indices. At the time of writing, the October Vix contract is sitting above 33 while spot Vix is hovering near the top of August trading range at 26. A rising stock market with elevated volatility is not a healthy sign and usually indicates turmoil ahead. So, expect risk to be skewed to the downside with big moves as we head into October. Story continues Open your FXTM account today Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Daily Forecast – Attempt To Settle Above The 20 EMA AUD/USD Forex Technical Analysis – Chart Pattern Suggests Next Downside Target is .7275 – .7242 Bitcoin (BTC/USD) Remains Bullish Despite H&S Reversal Pattern U.S. Stocks Set To Open Higher As Traders Bet On New Stimulus Package AUD/USD Price Forecast – Australian Dollar Pulls Back Monthly Recap: Ethereum Provides Massive Returns While Bitcoin Remains Dormant', "Ethereum miners are gaining big as transaction costs or gas fees continue to rise amid decentralized finance (DeFi) boom. According to The Block Research, Ethereum miners generated all-time high fee revenue of $17 million on September 1. The figure is 3.7 times higher than the previous highest amount recorded during December 2017 and January 2018 when crypto prices went through the roof. Image Bitcoin miners, on the other hand, generated $1.5 million in transaction fees yesterday \x97 only 9% of Ethereum miners' fees. Bitcoin miners' all-time high during the December 2017 craze was $21.4 million. Image The surge in Ethereum fees , and therefore miners' revenue, could result in an increase in prices of Ethereum miners in the secondary markets, according to Larry Cermak, director of The Block Research. If so, the trend could turn out to be bullish for mining chips manufacturers such as AMD and Nvidia, said Cermak. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", "Ethereum miners are gaining big as transaction costs or gas fees continue to rise amid decentralized finance (DeFi) boom.\nAccording to The Block Research, Ethereum miners generated all-time high fee revenue of $17 million on September 1. The figure is 3.7 times higher than the previous highest amount recorded during December 2017 and January 2018 when crypto prices went through the roof.\nBitcoin miners, on the other hand, generated $1.5 million in transaction fees yesterday — only 9% of Ethereum miners' fees. Bitcoin miners' all-time high during the December 2017 craze was $21.4 million.\nThesurge in Ethereum fees, and therefore miners' revenue, could result in an increase in prices of Ethereum miners in the secondary markets, according to Larry Cermak, director of The Block Research. If so, the trend could turn out to be bullish for mining chips manufacturers such as AMD and Nvidia, said Cermak.\n© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.", 'Bryan Connor Herrell, a 26-year-old man from Colorado who served as a moderator for AlphaBay, has been sentenced to 11 years in prison. His is the latest AlphaBay-related case to come to a close after authorities seized what was once the dark web’s biggest marketplace for guns, drugs and stolen identities and financial data back in 2017. According to the Department of Justice, Herrell settled over 20,000 disputes between vendors and purchasers for the marketplace. He also kept an eye out for scams and monitored users’ attempts to defraud each other. The DOJ says Herrell was paid in Bitcoin for his services and operated under the pseudonyms “Penissmith” and “Botah,” but the steps he took to preserve his anonymity weren’t enough to protect him. When the Royal Thai Police, the FBI and the DEA executed an arrest warrant for alleged AlphaBay founder Alexandre Cazes at his residence in Bangkok, they found an unencrypted laptop with files identifying people associated with the marketplace. Cazes’ case was dismissed after he died in his cell in Thailand of suspected suicide. Meanwhile, Herrell pleaded guilty to “conspiring to engage in a racketeer influenced corrupt organization” in January and faced up to 20 years in prison. US Attorney McGregor Scott of the Eastern District of California said in a statement: “This sentence serves as further proof that criminals cannot hide behind technology to break the law. Operating behind the veil of the darknet may seem to offer shelter from criminal investigations, but people should think twice before ordering or selling drugs online — you will be caught. This office will Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $221,698,609,209 - Hash Rate: 125685009.78239676 - Transaction Count: 317449.0 - Unique Addresses: 714425.0 Social & AI Sentiment: - Fear & Greed Index: 0.83 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Both crypto exchanges and popular online trading platforms including Schwab, TD Ameritrade and Robinhood have a rising number of young investors who, working from home during the coronavirus pandemic, spend some of their work hours trading for their own personal accounts. However, these platforms have another thing in common: outages in the midst of high volume. On Monday, login issues were reported from customers on Robinhood, along with a few other similar trading platforms including giants TD Ameritrade and Schwab. The outage was allegedly caused by the stock splits of Apple and Tesla. Silicon Valley-based Robinhood was the subject of more than 400 complaints reported to U.S. regulators during the first half of 2020. Related: First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase A spokesperson from TD Ameritrade acknowledged “high levels of slowness” some users experienced on its web and mobile platforms but did not offer an explanation of the cause. As of press time, Robinhood and Schwab did not respond to inquiries from CoinDesk. Robinhood apparently is not alone during a time when a growing number of new and young investors are betting their money on different markets, including cryptocurrencies, by using online brokers amid the coronavirus pandemic. Read more: Robinhood, Other Online Trading Platforms Having Login Issues Like traditional platforms, crypto exchanges have been troubled by outages for a long time, even after they pledge to take more steps to improve stability and reduce outages. These mainstream companies may be able to learn something from the experience of crypto exchanges. The need for redundancy Related: Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit After suffering a severe service outage in late August , Deribit, the most popular cryptocurrency options exchange, told CoinDesk it is working to enhance its platform to avoid this happening again. “Our platform uses redundant load balancers to connect to multiple nodes, gateways to the platform, connecting to a single master node,” Luuk Strijers, chief commercial officer at Deribit, told CoinDesk via Telegram on Aug. 27. “Today we experienced a hardware failure in this master node.” Read more: Deribit Suffers Outage Over ‘Hardware Issues,’ May Miss Thursday’s Options Expiry The problem was resolved when engineers successfully activated one of the regular nodes as the exchange’s new master node. The company will work on speeding up this procedure, Strijers said. Story continues Strijers added that Deribit is in the process of setting up a disaster recovery facility in Zurich to act as immediate failover if multiple nodes were impacted. This, he said, should dispel doubts around the exchange’s redundancy provision. Setting up a server location in Zurich does not mean the company will have to adopt any new know-your-customer (KYC) and anti-money laundering (AML) requirements in Switzerland, Strijers clarified. (The Dutch exchange’s infrastructure is hosted in the U.K. but its operations are now in Panama as part of DRB Panama Inc., a wholly owned subsidiary of the Dutch entity, created in early February.) When code becomes a problem It is not the first time a crypto exchange has sworn that some fundamental improvement it makes will avert new outages. Earlier this year, Binance, the world’s largest crypto exchange by trading volume, suspended trading for more than six hours due to a “system messaging error.” Coinbase angered its users in May after it was forced to shut down its service due to a traffic spike. Dave Weisberger, co-founder and CEO of execution provider CoinRoutes, told CoinDesk in a phone interview there are two main causes of technical outages at crypto exchanges. One is a hardware failure, which was the problem that occurred at Deribit; the solution is to build a redundancy system. By now, most exchanges have built fully redundant systems, according to Weisberger, and as a result any outages caused by hardware failures are usually short-lived. Read more: Coinbase Outlines Tech Plan to Help Avert Future Outages The other cause, which is more common, is a change in a new piece of code that was not thoroughly tested. Bugs in the new code can be triggered at a later time by an unplanned situation such as a surge in trading volumes, resulting in an outage. Traffic: When too much of a good thing becomes a bad thing Derivatives exchange FTX’s support team also told CoinDesk via email that to reduce the risk of outages, their work has been concentrated on making sure enough spare capacity will be available to support the exchange’s operation during busy periods. Tushar Jain, managing partner at Multicoin Capital, told CoinDesk via Twitter that reducing outages caused by sudden traffic increases on exchanges is “doable,” but it will require time and money. “Building software which scales to serve so many users is really hard and the operational work to make sure servers stay up and running is quite difficult,” he said. “There are many examples of software companies having trouble scaling to serve extremely high demand. Twitter’s “ Fail Whale ” is probably the most memorable example.” Circuit breakers as a solution? Because many of these outages are related to sudden spikes in trading volumes – sometimes resulting from extreme market volatility – some would argue circuit breakers could help exchanges resolve the problem. Circuit breakers, which were first implemented on stock exchanges after the “Black Monday” crash in 1987, are automatic stoppages put in place when prices fall below specified levels. They are designed to save the market from a complete meltdown. Read more: Does Crypto Need Circuit Breakers? Last Week’s Price Crash Ignites a Debate Deribit already has an index circuit breaker on its platform which is triggered at +/-1.5% index price move per second to “avoid massive sell-offs, and allow market participants to get up to speed with the market during highly volatile periods,” according to Strijers. “In the past, multiple derivatives exchanges have experienced flash crashes that have caused a cascade of liquidations and massive sell-offs,” he said. “Reasons have been various: an external market manipulation or internal error. To avoid this from happening, Deribit introduced a form of circuit breaker.” Deribit’s circuit breaker was triggered a few times during the night of March 13 when bitcoin prices dipped to a 12-month low . Read more: Bitcoin Price Briefly Dips to 12-Month Low in Overnight Trading However, with hundreds of crypto exchanges available, the introduction of circuit breakers could hinder an individual exchange’s performance when its service is down for a period of time. During Binance’s outage earlier this year, for example, rival exchanges including OKEx and Bitstamp saw big jumps in trading orders. FTX told CoinDesk it is not currently considering what it describes as “hard circuit breakers,” which would limit its users’ abilities to trade at some prices in the long term. “These make a lot less sense,” the exchange wrote. “Rather than acting as a sanity check, they restrict users’ ability to trade and enforce artificial pricing.” Jain, who previously was an advocate of circuit breakers, told CoinDesk he now doesn’t think this measure would solve exchanges’ outages. While prices for bitcoin and ether have been “relatively stable” recently, he said, outages still occur on exchanges. Jain even interprets it as a positive sign: In a more stable market, outages caused by traffic spikes mean that more people are using crypto exchanges. “I think this goes to demonstrate the level of demand in the crypto markets right now,” he said. “The last time I remember exchanges having problems like this was in early to mid-2017 when their servers just couldn’t keep up with user growth.” Crypto exchanges’ unregulated downside Some of the larger crypto exchanges may implement needed changes but without the threat of penalties from regulators if problems aren’t fixed, fundamental improvements are less likely to occur anytime soon. “The fact is that when you’re not penalized for these sorts of things, then you don’t spend as much money trying to fix it or prevent it,” Weisberger said. Weisberger pointed out another similarity between mainstream trading platforms and the crypto exchanges: the ethos of the Silicon Valley or, rather, the whole of the tech industry. The people behind these platforms prioritize issues like liquidity and transaction fees rather than reducing outages simply because the financial cost outweighs the benefit. “Is an uptime requirement of 99.999% something that the same type of people who invented Robinhood are going to aspire to?” Weisberger said. “The answer is no. They say they aspire to it but that’s very expensive. … As a result, there are outages.” Robinhood, which is more heavily regulated than the crypto exchanges, is now reportedly under investigation by the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority for its handling of an outage in March. If it gives them incentive to keep outages from repeating, regulatory oversight may end up being an asset for mainstream online trading. Related Stories Exchange Outages Are Going Mainstream: What Robinhood Can Learn From Crypto Exchange Outages Are Going Mainstream: What Robinhood Can Learn From Crypto View comments... - Reddit Posts (Sample): [['u/SpaceGenesis', "I'm trying to be positive but GL's actions are the opposite of intelligence. This is the worst update in A9 history. I'll explain why...", 146, '2020-09-02 01:15', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/', 'It\'s a pretty long rant. You have been warned...\n\n* Worsened graphics. Same device, much worse graphics for no reason. They literally made the game engine worse.\n* Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece.\n* The older bug with the mini map (tap do steer players can\'t tap in that area) is back.\n* The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn\'t fix it after the recent hotfix! Who pays these clowns who can\'t even revert some dumb changes?\n* The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The finest greediness. Also how come SE still shares the same tickets pool with daily events? They are different things!\n* Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don\'t win keys. Why should we even bother anymore?\n* The hard Unleashed event. They put the same required time 0:51 despite the cars having different rankings. They don\'t have the expression "fair play" in their dictionary.\n* Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can\'t get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary.\n* The new MP format which encourages dumb grinding to get some decent milestones.\n* The club rewards remain a joke.\n* You need to complete 250 conditions in SE just to have the chance to buy packs! Whatever GL idiot who thought of that should have his head smashed on his monitor.\n* They still didn\'t fix that stupid error with no internet connection! My internet is working, it\'s not my fault you can\'t code a decent internet connection algorithm.\n* The cheaters are still dominating MP. The Android version has such a poor security that every schmuck can abuse the game. I wonder if anyone even reads those in game reports or are there as placebo effect.\n* Did you check how much internet traffic this game consumes? What the fxx-k they transfer that A9 needs gigabytes of data every month just to play it?\n* Should I mention the bunch of useless employees called Customer Care? An appendix is more useful than them.\n* etc\n\nBut we have emoticons! And new cars while most of us didn\'t even max out or unlock many of the previous premium cars. Give me a reason why should I keep playing...\n\n&#x200B;\n\n[I hope your wallet is as big as their greediness.. ](https://preview.redd.it/htxthjfxbmk51.jpg?width=960&format=pjpg&auto=webp&s=32dfa27baa7b370850bb77d02bc0d14ab9089faa)', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/', 'ikva05', [['u/MrChillis12', 36, '2020-09-02 02:49', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3nyaxl/', 'Its a shame what the Asphalt Series in general has become.', 'ikva05'], ['u/JansenTempest', 22, '2020-09-02 04:43', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3obavd/', "Good post. I'll like to share my opinion about some of the points you touched.\n\n\\> Worsened graphics. Same device.\n\nOn Windows, the only difference I can tell is that the Nitro Bottles have their 'glow' reduced and the gameplay feels sightly smoother. Lag on Full Screen continues.\n\n\\> Frame skipping and lagging everywhere. Also game crashes. They said they optimized the game. I bet they forgot to mention that you need a quantum computer to play their casino racing masterpiece. \n\nTotally agree. My game crashes every once in a while when starting races, and apparently I'm the only one on Windows that faces this issue. CPU usage is very high, which is unnecessary, in fact I play on the lowest graphics on windowed mode to avoid lag. Other games I play like GTA, Honkai Impact, or Android emulators work fine at medium-high graphics but this one...\n\n\\> The infamous lagging screen after every freaking race (what the hell are they doing in background that the phones become so hot? bitcoin mining?). They still didn't fix it after the recent hotfix! Who pays these clowns who can't even revert some dumb changes? \n\nLoading screens got tampered with. It used to take 2-4 seconds to me load the game, now it takes around 5-10. Not a big deal on Windows but for Android/IOS players it isn't good.\n\n\\> The unfair SE. There are hardly tokens offered. They keep reducing the rewards until there will be nothing left except uncommon parts and a few credits. They expect us to play hundreds of races for peanuts. The finest greediness. Also how come SE still shares the same tickets pool with daily events? They are different things! \n\nI'd like to write deeper thoughs about this one.\n\nRemember the old SEs where we could unlock the main car and star it up if you had most of the requested cars? Events like EVO, Terzo, Aperta and about this last one, I unlocked the Aperta with only a 3\\* BMW, 2\\* J50, 5\\* Corvette, 2\\* EVO, 2\\* Aventador J and a 2\\* 570S. Compared to this one I'm only missing the Jaguar, the Continental and my Vantage is at 1\\, everything else is maxed and I'm only going to get around 28-30 BPS* I'm not even going to unlock the car without spending Tokens. \n\nNow this is the main problem that not many people have noticed; Special Event Club Rewards were removed.\n\nA great boost for having a good club that has many of the requested cars. Isn't this one of Gameloft's goals for the game? Having a Club System that benefits its members? I don't even understand their objectives...\n\nForeseeing the McLaren Speedtail event I can almost guarantee you that all Lotus cars are going to be needed; the trashy Elise, the even trashier Evora and the P2W Evija, all of them in a useless pack for 650-750 Tokens. \n\nAll of the Mclaren cars on one pack that might cost 750-950 Tokens; P1, 570S and Senna. The only ok thing about the event.\n\nThe Bacalar and maybe the Valhalla. \n\nTo get what?, another Zenvo - Fenyr clone.\n\n\\> Same old stinky GP. Everyone knows what is wrong with this thing that has nothing in common with real grand prixes except the name. Most regular players don't win keys. Why should we even bother anymore? \n\nI consider myself an above average player and I didn't even win the SC18 with 3 stars... Whales and alien Sandbaggers are dominant in this event. And notice this last one, ALIEN SANDBAGGERS! These kind of players have NOTHING to do in Tier 3-5. \n\nGrand Prix will never change for good. We gotta deal with it from now on...\n\n\\> Credits heist is good in theory. In practice they added the awful police besides the aggressive AI to make sure you can't get those credits. They also added stars requirements for good measure. Also they made it that way you need to play too many races if you want all rewards. Efficiency is again not in their dictionary. \n\nIts not actually good tho. New players are not going to get much with these star requirements. \n\n\\> The new MP format which encourages dumb grinding to get some decent milestones. \n\nI said it once, twice and thrice and I'll say it again: Rush was way better at every aspect.\n\nIn fact, if they kept Rush AND added the Milestone system there, I'd be the Perfect MP.\n\nFinding people on lobbies is twice as hard on Windows, on the second season I played 5 duel races in a row at Elite league. How tf am I supposed to get the 1K Milestone points in 1 week at this rate? And that was a free trial car that everyone can use, image an 'owners only' car season...", 'ikva05'], ['u/JacksenLiew', 12, '2020-09-02 05:40', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3oh4mx/', "I don't mean to offend someone, but it is true that most of the Euro team/developer began to show their bad attitude and move in more opposite way after their product became more popular. Allow me to share some experience here....\n\nI read an article regarding someone applying for internship to join Sony corporation in America which happened few years ago. That guy who is taking internship program was doing good, but his boss don't give a fuck to what he was doing. That guy was completely raged that his boss showed bad attitude on him. So he began his 'revenge' to make his boss respond by asking all the users to give 1* on his boss product. Some day later, rating went down from 4.1* to below 2. His boss finally responded and changed his attitude after he see this happen to him.\n\nSame thing goes to the things you are currently facing. If you want GL respond you properly, the only way is to ask all the players not to support all their games/products anymore and ask them to give 1 to all their products.\n\nThere is no need to hold back. If they fuck you, just fuck them back. That's how it works.", 'ikva05'], ['u/kasraAK8', 10, '2020-09-02 07:50', 'https://www.reddit.com/r/Asphalt9/comments/ikva05/im_trying_to_be_positive_but_gls_actions_are_the/g3orug8/', 'A good player that does bad on purpose to get a easier lobby so they can guarantee the car key , I personally have... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks.\nTron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain.\nZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives.\nA partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally.\nMedia Details –Company:ZelaaPayAEWebsite:https://zelaapay.ae/Email:[email protected]\nAttachment\n• ZelaaPayAE', 'ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks. Tron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain. Story continues ZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives. A partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally. Media Details – Company: ZelaaPayAE Website: https://zelaapay.ae/ Email: [email protected] Attachment ZelaaPayAE', 'Twitter Inc(NYSE:TWTR) disclosed Thursday that the account of\xa0Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, ReutersreportedThursday.\nWhat Happened:The prime minister’saccounthas over 2.5 million followers and is related to his website — www.narendramodi.in and mobile application.\n“We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted,” Twitter\xa0said in an emailed statement to Reuters.\nTweets were sent from the account asking followers to donate to a relief fund using cryptocurrency.\nWhy It Matters:The hacking of the prime minister’s account is similar to the one that took place in mid-July,\xa0where Bitcoin scammers asked for donations after taking over accounts of high-profile persons such as former President of the United States Barack Obama,Tesla Inc(NASDAQ:TSLA) CEO Elon Musk, andMicrosoft Corporation(NASDAQ:MSFT) co-founder Bill Gates.\nThe July-attack caused the private messages of at least 36 people to be compromised, while over 100 of Twitter’s preeminent users were affected.\nReports at the time\xa0suggested that an insider was allegedly responsible for the hacking. Twitter later stated that "spear phishing" attacks\xa0on employees led to the hack.\nPrice Action:Twitter shares closed nearly 6.1% higher at $43.67 on Wednesday and fell almost 0.4% in the after-hours session.\nPhoto courtesy:\xa0Kremlin.ru\nSee more from Benzinga\n• Facebook, Twitter Crack Down Against Russian Accounts Trying To Steer Away Biden\'s Left-Wing Voters\n• Twitter Takes Down Three Pro-Trump Accounts For Spreading Disinformation\n• Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Twitter Inc (NYSE: TWTR ) disclosed Thursday that the account of\xa0Indian Prime Minister Nardendra Modi’s personal website on the social media platform was hacked, and tweets pertaining to cryptocurrency donations were sent out, Reuters reported Thursday. What Happened: The prime minister’s account has over 2.5 million followers and is related to his website — www.narendramodi.in and mobile application. “We are actively investigating the situation. At this time, we are not aware of additional accounts being impacted,” Twitter\xa0said in an emailed statement to Reuters. Tweets were sent from the account asking followers to donate to a relief fund using cryptocurrency. Why It Matters: The hacking of the prime minister’s account is similar to the one that took place in mid-July,\xa0where Bitcoin scammers asked for donations after taking over accounts of high-profile persons such as former President of the United States Barack Obama, Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk, and Microsoft Corporation (NASDAQ: MSFT ) co-founder Bill Gates. The July-attack caused the private messages of at least 36 people to be compromised, while over 100 of Twitter’s preeminent users were affected. Reports at the time\xa0suggested that an insider was allegedly responsible for the hacking. Twitter later stated that "spear phishing" attacks\xa0on employees led to the hack. Price Action: Twitter shares closed nearly 6.1% higher at $43.67 on Wednesday and fell almost 0.4% in the after-hours session. Photo courtesy:\xa0Kremlin.ru See more from Benzinga Facebook, Twitter Crack Down Against Russian Accounts Trying To Steer Away Biden\'s Left-Wing Voters Twitter Takes Down Three Pro-Trump Accounts For Spreading Disinformation Tesla Is The Unnamed Company Targeted By Indicted Russian Hacker, Musk Attests © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The EUR/JPY is getting close to the POC zone. The zone is making a confluence of pivot points and 88.6 fib retracement. We could see a bounce. 125.30-40 zone is Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $221,698,609,209 - Hash Rate: 112592821.26339708 - Transaction Count: 310922.0 - Unique Addresses: 691592.0 Social & AI Sentiment: - Fear & Greed Index: 0.79 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Decentralized finance (DeFi) has been clogging the Ethereum network, but not in the way most analysts would have guessed. An architectural quirk in the most-used software version of Ethereum, Geth, has led to an uptick in the practice of spamming the network to secure trade profits over the last six months,accordingto Certus One co-founder Hendrik Hofstadt. Transaction spamming is one of many reasons the average Ethereum user fee has increased some 800% since May, according toCoin Metrics. Ponzi schemes likeMMMor DeFi’s general growth in 2020 are also to blame. Related:Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate Read more:Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum Hofstadt told CoinDesk that algorithmic trading firms have created bot swarms to watch the Ethereum transaction queue (called the mempool). These bots wait for large trades on DeFi platforms such as Uniswap. After they go through, the bots quickly place orders to take advantage of price movements in what is called “backrunning.” Too many firms knew about this practice, though. So some firms switched up their tactics over the spring months by sending awall of executionsto crowd out others and secure a backrun order. Rough modeling shows some $5.99 million in gas fees have been used to execute this trading strategy since April 2018,accordingto developer Philippe Castonguay. That’s about a week’s worth of typical Ethereum fees for useless transactions. Related:Two Reasons Crypto's Bull Market Is Coming Moreover, the majority of these trades occurred since March 12’s “Black Thursday,” when DeFi platforms sawrecord volumes. Read more:Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi For trading firms, this translates into more fees overall but arbitrage profits into the hundreds of thousands, according toaddressesprovided by Hofstadt. For the network, spamming crowds out other transactions. It also increases the average fee for everyone. On July 29, the Geth team approved swapping the execution model to a first come, first served basis. Yet, it remains to be seen if mining firms will update to the new Geth version. Hofstadt said miners could keep doing business as usual if they value the extra pocket change from DeFi traders more than helping out the network in general. Indeed, total network fees per day on Ethereum has increased 1,077% since May 5 from $162,200 to $1,909,000 on a seven-day rolling basis, according toCoin Metrics. • DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say • DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say... - Reddit Posts (Sample): [['u/Skyblue_Monty', 'Blood Bowl is an amazing game....', 94, '2020-09-03 01:13', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/', 'Blood Bowl is an amazing game... one week you are getting diced by Wood Elves the next you are pulling this off... lol \n\n\n[https://www.twitch.tv/skybluemonty/clip/EndearingFastHerbsTTours](https://www.twitch.tv/skybluemonty/clip/EndearingFastHerbsTTours?fbclid=IwAR0YdoH69gzEFEJiASR9zWUZ3gJO2V0MsrVVBfmw0A5LxlQR7MD_L20UbTc)', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/', 'ilhvyj', [['u/Zelash', 11, '2020-09-03 02:56', 'https://www.reddit.com/r/bloodbowl/comments/ilhvyj/blood_bowl_is_an_amazing_game/g3sjvqw/', 'Amazing', 'ilhvyj']]], ['u/[deleted]', "Gold bars worth $1.5m found in passenger's lunch box in UK, shoulda used bitcoin.", 181, '2020-09-03 02:22', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/', 'Eight gold bars said to be worth £750,000 (NZ$1.48 million) are being auctioned off in the UK after they were seized from a passenger flying to Dubai.\n\nThe haul was found in the lunch box of a flyer at Manchester Airport by HM Revenue and Customs in 2018, but under new “civil proceeds of crime powers laws”, the bars are being sold off this week.\n\nAll the proceeds are going back into the “public purse”, so will be spent on services including hospitals and schools.\n\nThe gold bars weighed in at 16kg, or as the Customs described it, the “average weight of an adult Staffordshire Bull Terrier”.\n\nThe passenger who had been carrying the bars has not faced criminal prosecution.\n\nGill Hilton, assistant director at HMRC\'s Fraud Investigation Service, said it was the first time the 2017 Criminal Finance Act had been used to “seize and forfeit a listed asset, and it should act as a deterrent to criminals looking to trade assets such as precious metals”.\n\n”If they are the proceeds of crime or intended for unlawful conduct, we now have the powers to take them from criminals.\n\n"We are determined to cut off the funds that finance serious crime in the UK."', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/', 'ilj193', [['u/roveridcoffee', 151, '2020-09-03 02:35', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3shj5m/', 'Evidence of crime? My understanding is "none". So it\'s just border control stealing funds...', 'ilj193'], ['u/TerrapinSoup', 10, '2020-09-03 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3sl51p/', 'This is the best argument when comparing bitcoin to not just gold, but anything. Land, money, any asset. Everything can be stolen by criminals and if not them it can be stolen by government. Bitcoin is the one true thing in this world which cannot be taken from you. It is the one thing you have absolute ownership of.', 'ilj193'], ['u/MarcusRatz', 46, '2020-09-03 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3sl75k/', "Seems to be common across the five eyes now days. In Australia, you can be found not guilty of crime, but the government can still seize your assets, if they believe that on balance of probability, you should have been found guilty. And in the USA, well, they've made a multi-billion dollar industry of cops seizing funds from people that have never been convicted of any crimes. \n\nThis is actually the reason why I don't support the use of hardware wallets. A hardware wallet tells everyone, from cops to gangsters, that you own bitcoin. Thus, the cops can put you in jail until you hand over the bitcoin, or gangsters will keep hitting you with a five dollar wrench until you hand over the bitcoin if they find you in possession of a hardware wallet. I have a small amount in my phone wallet, that I spend, or can hand over if threatened, with the rest stored in my head as 12 memorised seed words.", 'ilj193'], ['u/ultrajoba', 12, '2020-09-03 03:46', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3spkcb/', 'Store well...until you accidentally bump your head and forget one word or the sequence. Brain seeds are good but you need to have a tangible back up. Or even better a tangible clue that can lead you to the seeds.', 'ilj193'], ['u/Street_Governments', 20, '2020-09-03 04:03', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3srde6/', 'How do you have that much gold and be stupid enough to try to walk it on a plane.', 'ilj193'], ['u/SpecialX', 48, '2020-09-03 04:27', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3stx3d/', 'Seed phrase in memory alone? Say goodbye to that coin lmao', 'ilj193'], ['u/Chipjack', 43, '2020-09-03 05:41', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t1lil/', 'The US gets a lot of shit for using yards and gallons instead of meters and liters like the rest of the world, but I just want to point out that UK Customs is willing to measure the weight of gold in "average adult Staffordshire Bull Terriers" and I think that\'s pretty damn funny.', 'ilj193'], ['u/punto-', 13, '2020-09-03 06:00', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t3j5s/', "I don't get it, is it illegal to own gold ? If he's not being prosecuted then what is the problem ? Do they just take your shit and sell it because they feel like it ?", 'ilj193'], ['u/punto-', 10, '2020-09-03 07:03', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t92w4/', 'That logic only makes sense if they charge him with a crime', 'ilj193'], ['u/belaxi', 29, '2020-09-03 07:05', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3t98po/', 'Easier than it might seem with a little effort. Mnemonics are powerful. It took me about a week to memorize an entire specific order for a “randomly shuffled deck” (the deck is stacked). So 52 parts with more variables than just digits, and that was just to impress girls at bars. \n\nQuick note: the girls were not impressed.', 'ilj193'], ['u/Subwayyysurfer', 12, '2020-09-03 09:36', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3tjezb/', "Like i'm gonna remember the names of all of my 24 kids...", 'ilj193'], ['u/anon517', 12, '2020-09-03 09:46', 'https://www.reddit.com/r/Bitcoin/comments/ilj193/gold_bars_worth_15m_found_in_passengers_lunch_box/g3tk0fd/', 'No, because you just measured your washing machine against the regular size of one.', 'ilj193']]], ['u/xd1gital', 'To AntPool, ViaBTC and other undecided miners: There is no rule to stop you sharing your income with ABC if you run BCHN', 49, '2020-09-03 05:40', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/', "You can stop this split now, stop the uncertainty. Your electricity won't be wasted if there is no split", 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/', 'ilm29s', [['u/jonald_fyookball', 25, '2020-09-03 05:42', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t1omn/', ">You can stop this split now,\n\nI don't see a split. No BCH miners signal for ABC. ABC chain will be a minority chain. It's what everyone wants and will get.", 'ilm29s'], ['u/xd1gital', 19, '2020-09-03 05:52', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t2pzw/', "As long as we see the trolls here, I am certainly sure that we're on the right track.", 'ilm29s'], ['u/fromsmart', 21, '2020-09-03 06:01', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t3p9a/', 'looking at your comment history I recommend seeing a professional.', 'ilm29s'], ['u/Cmoz', 16, '2020-09-03 06:19', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3t5ck0/', 'At least BCH has competing dev teams to handle a situation like this. \n\nImagine if Wladamir backed by Blockstream & Co pulled a move like this (remember that theres nothing actually stopping them from doing so). BTC would be screwed.', 'ilm29s'], ['u/Bagatell_', 13, '2020-09-03 08:27', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3tf6s4/', '> The miners came up with the idea to create a fair way to support development. \n\nNot really.\n\n[Myth #1: “But This Wasn’t Amaury’s Decision, It Comes From the Miners!”](https://read.cash/@jonald_fyookball/amaurys-ifp-is-incompatible-with-bitcoin-cash-cadaec1a#myth-1-but-this-wasnt-amaurys-decision-it-comes-from-the-miners)', 'ilm29s'], ['u/Ant-n', 12, '2020-09-03 09:12', 'https://www.reddit.com/r/btc/comments/ilm29s/to_antpool_viabtc_and_other_undecided_miners/g3ti1l4/', '>\tLol i love you guys begging your dictators not to impose harsh laws and taxes on your centralized shitcoin\nWhen are you gonna admit we were right all along?\n\nWho were right?\n\nThe crippled coin fanboys?', 'ilm29s']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 03, 2020', 48, '2020-09-03 06:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ilmeph/daily_discussion_thursday_september_03_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n**Other ways to in... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Launched on 31st August 2020, FACT (“Fee Active Collateral Token”), a lending protocol, has entered the DeFi scene with a bang. Its unique product allows cryptocurrency investors to deposit various stablecoins as collateral, all with zero interest rate. FACT’s investment model is designed to give investors a new passive income model, as opposed to traditional staking used in other DeFi protocols. Also Read \| The Major Upside of Bitcoin – What Does It Mean? It’s noteworthy that DeFi lending and staking are now gaining popularity in the cryptocurrency, as they allow you to make money even while you sleep. To that end, FACT introduced its unique lending model to help investors earn passive returns on both their deposits and investments. By staking FACT, you’re automatically considered a Liquidity Provider, using your collateral to hedge against volatility in the crypto markets. To get you started, here\'s how you can easily earn passive income with FACT. Also Read \| Marsan Bitcoin Exchange - Everything You Need to Know First, deposit Dai (or any other supported token) at 0% interest as collateral to get FACT for liquidity mining. To help sustain the platform, borrowers pay a one-time 2% processing fee to liquidity providers (i.e., stakers). Then, you can stake FACT to earn passive returns. By staking FACT, you\'ll be recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee. In addition to liquidity providing , you\'ll receive a part of the tokens (7 million FACT) allocated for staking rewards. Keep in mind that your earnings are determined by two factors: how much FACT you stake and how long your crypto-assets are locked in the system, As a liquidity provider you’ll get the 2% distributed as long as you are staking FACT. FACT is the native token, so you don\'t need to hold token ETH/FACT pairs — say 50% ETH and 50% FACT — to become a liquidity provider. Also, as a staker, you\'ll not be affected by price fluctuations and impermeant losses since you\'re only contributing to the liquidity pool by only FACT. Story continues FACT was recently listed on popular decentralized exchange Uniswap, in what was a high-profile launch. This massive partnership has helped early-stage FACT investors successfully earn a whopping 1400% return on their investments. In what was a strategic move aimed at getting better exposure and more traction, FACT scored another exchange partnership with Hotbit four days later. For the unfamiliar, Hotbit is an exchange that allows you to trade virtually every major cryptocurrency, more than every other exchange in the crypto space. 20,000 FACT tokens will be burned every month and most of the remaining tokens will be locked up in FACT\'s smart contract to provide liquidity to the mining pool. The smart contract is already in development, and HODLers will be able to stake their tokens starting from 20th September, 2020. September will be a significant month for the project, with operations kicking into full swing this month. Several \'updates\' have been rolled out already, such as the Uniswap token listing, presale Liquidity lock and Hotbit listing. Moreover, plans are already in place for major announcements like the Probit and Kucoin listings (in the coming weeks), beta release, and staking dApp launch which are highly anticipated in the community. FACT Project Roadmap; major announcements expected in September FACT has a circulating supply of 400,000 while as of September 3 (i.e., after the first FACT coin burn), the total supply is 15,382,000. Out of the total supply of FACT, 5.5 million FACT available to the liquidity pool. To reduce the supply of FACT tokens, FACT DAO will burn 20,000 FACT every month, thereby preventing inflation. Since FACT is a deflationary currency, its value will only increase over time while the supply reduces. As such, stakers will keep earning better rewards for liquidity mining. Considering the overall complexity of the project and the ambitious vision of the team, FACT has already made a lasting impression in less than a week (precisely three days) after its launch. It\'s important to note FACT is much more than a cryptocurrency; it\'s an ecosystem supporting crypto stakeholders who believe in the future of money: decentralized finance. With a fast-growing community of passionate investors and several groundbreaking features to be added in the future (launching its DEX, for instance), FACT is no doubt one innovative project to watch out for in the DeFi space. Through zero-interest lending, lucrative staking rewards and yield farming, the future looks bright, for a FACT ! For more information on FACT and how it\'s not "just another lending protocol", you can read the whitepaper: https://fact.finance/FACT_WHITEPAPER_V11.pdf Contract address: 0x23aEfF664c1B2bbA98422a0399586e96cc8a1C92 Follow FACT on Twitter: https://twitter.com/factdefi Telegram official community: https://t.me/factfinance Telegram official Korean community: https://t.me/factfinancekor FACT website: https://fact.finance Media inquiries: [email protected]', 'Launched on 31st August 2020, FACT (“Fee Active Collateral Token”), a lending protocol, has entered the DeFi scene with a bang. Its unique product allows cryptocurrency investors to deposit various stablecoins as collateral, all with zero interest rate. FACT’s investment model is designed to give investors a new passive income model, as opposed to traditional staking used in other DeFi protocols.\nAlso Read \|The Major Upside of Bitcoin – What Does It Mean?\nIt’s noteworthy that DeFi lending and staking are now gaining popularity in the cryptocurrency, as they allow you to make money even while you sleep. To that end, FACT introduced its unique lending model to help investors earn passive returns on both their deposits and investments.\nBy staking FACT, you’re automatically considered a Liquidity Provider, using your collateral to hedge against volatility in the crypto markets. To get you started, here\'s how you can easily earn passive income with FACT.\nAlso Read \|Marsan Bitcoin Exchange - Everything You Need to Know\nFirst, deposit Dai (or any other supported token) at 0% interest as collateral to get FACT for liquidity mining. To help sustain the platform, borrowers pay a one-time 2% processing fee to liquidity providers (i.e., stakers).\nThen, you can stake FACT to earn passive returns. By staking FACT, you\'ll be recognized as a Liquidity Provider and you will receive a share of the 2% fixed borrowing fee. In addition to liquidity providing , you\'ll receive a part of the tokens (7 million FACT) allocated for staking rewards. Keep in mind that your earnings are determined by two factors: how much FACT you stake and how long your crypto-assets are locked in the system, As a liquidity provider you’ll get the 2% distributed as long as you are staking FACT.\nFACT is the native token, so you don\'t need to hold token ETH/FACT pairs — say 50% ETH and 50% FACT — to become a liquidity provider. Also, as a staker, you\'ll not be affected by price fluctuations and impermeant losses since you\'re only contributing to the liquidity pool by only FACT.\nFACT was recently listed on popular decentralized exchange Uniswap, in what was a high-profile launch. This massive partnership has helped early-stage FACT investors successfully earn a whopping 1400% return on their investments. In what was a strategic move aimed at getting better exposure and more traction, FACT scored another exchange partnership with Hotbit four days later. For the unfamiliar, Hotbit is an exchange that allows you to trade virtually every major cryptocurrency, more than every other exchange in the crypto space.\n20,000 FACT tokens will be burned every month and most of the remaining tokens will be locked up in FACT\'s smart contract to provide liquidity to the mining pool. The smart contract is already in development, and HODLers will be able to stake their tokens starting from 20th September, 2020.\nSeptember will be a significant month for the project, with operations kicking into full swing this month. Several \'updates\' have been rolled out already, such as the Uniswap token listing, presale Liquidity lock and Hotbit listing.\nMoreover, plans are already in place for major announcements like the Probit and Kucoin listings (in the coming weeks), beta release, and staking dApp launch which are highly anticipated in the community.\nFACT Project Roadmap; major announcements expected in September\nFACT has a circulating supply of 400,000 while as of September 3 (i.e., after the first FACT coin burn), the total supply is 15,382,000.\nOut of the total supply of FACT, 5.5 million FACT available to the liquidity pool. To reduce the supply of FACT tokens, FACT DAO will burn 20,000 FACT every month, thereby preventing inflation. Since FACT is a deflationary currency, its value will only increase over time while the supply reduces. As such, stakers will keep earning better rewards for liquidity mining.\nConsidering the overall complexity of the project and the ambitious vision of the team, FACT has already made a lasting impression in less than a week (precisely three days) after its launch. It\'s important to note FACT is much more than a cryptocurrency; it\'s an ecosystem supporting crypto stakeholders who believe in the future of money: decentralized finance.\nWith a fast-growing community of passionate investors and several groundbreaking features to be added in the future (launching its DEX, for instance), FACT is no doubt one innovative project to watch out for in the DeFi space. Through zero-interest lending, lucrative staking rewards and yield farming, the future looks bright, for aFACT!\nFor more information on FACT and how it\'s not "just another lending protocol", you can read the whitepaper:https://fact.finance/FACT_WHITEPAPER_V11.pdf\nContract address:0x23aEfF664c1B2bbA98422a0399586e96cc8a1C92\nFollow FACT on Twitter:https://twitter.com/fac Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $193,332,267,450 - Hash Rate: 117829696.67099696 - Transaction Count: 298286.0 - Unique Addresses: 680093.0 Social & AI Sentiment: - Fear & Greed Index: 0.40 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy, a publicly-traded company worth $1.2 billion, told shareholders last week that it plans to invest $250 million in "alternative investments or assets" — a strategy shift that could see the firm buying bitcoin. The company's president and chief financial officer, Phong Le, made the comments during a June 28 earnings call, according to a transcriptpublishedon the Motley Fool. Their remarks came in the context of returning value to shareholders, noting: "Overall, we've returned more than $245 million to shareholders through the repurchase of 1.8 million shares since the fourth quarter of 2018. Our capital allocation strategy going forward is to return a portion of this excess capital to our shareholders and invest a portion in assets with higher return profiles in cash. Accordingly, today, we are announcing a capital allocation strategy under which we plan to return up to $250 million to our shareholders over the next 12 months. In addition, we will seek to invest up to another $250 million over the next 12 months in one or more alternative investments or assets which may include stocks, bonds, commodities such as gold, digital assets such as Bitcoin, or other asset types." Later during the call, CEO Michael Saylor highlighted that "[g]old, silver, and bitcoin are showing strength" and went on to remark that "it makes sense to shift our treasury assets into some investments that can't be inflated away or are less likely to be inflated away." "So, as we pursue alternative investment strategies for our treasury assets, we expect that we will have more volatility, at least as measured in U.S. dollar terms looking forward," he continued. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/gotamd', 'The Automod Bot Now Responds to Every Comment with the Word "BCash" in It', 46, '2020-09-04 01:01', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/', "Please, mods, please turn this off. We all know. There's no need to have this bot create spam, such as in this post: https://www.reddit.com/r/btc/comments/ilxksg/btg_is_being_delisted/\n\nEDIT: I found a workaround by simply blocking automod. I don’t know what other impacts that may have, but it works for me. Now its comments won’t monopolize my phone screen.https://i.imgur.com/qLb7LCU.jpg", 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/', 'im4azu', [['u/Justin_Other_Bot', 11, '2020-09-04 01:15', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3x4xh6/', 'Is that so automod? Can you explain bcash in a little more detail?', 'im4azu'], ['u/World_Money', 13, '2020-09-04 01:19', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3x5dfw/', "That's super fucking annoying.", 'im4azu'], ['u/phillipsjk', 22, '2020-09-04 02:11', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xecwf/', "I don't think the bot necessarily needs to be removed: just rate-limited to like 3% of comments in a thread or something.", 'im4azu'], ['u/500239', 13, '2020-09-04 02:25', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xg1im/', 'Agreed or to posters with a history of using that word', 'im4azu'], ['u/jonald_fyookball', 17, '2020-09-04 04:41', 'https://www.reddit.com/r/btc/comments/im4azu/the_automod_bot_now_responds_to_every_comment/g3xush5/', '>r to posters with a history of using that word\n\nThis would be perfect... would allow it to be used "normally" without a dumb bot freaking out all the time, but at the same time would be annoying to trolls who are abusive.', 'im4azu']]], ['u/Raverrevolution', 'Little pep talk for you newbs and other too. Hard facts you need to remember about bitcoin!', 80, '2020-09-04 02:07', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/', "Don't let these dips sway your thoughts into thinking doom and gloom.\n\nJust remember this;\n\n1)Fiat money has the ability to become worthless due to the fact that a central entity controls its production. In times of crisis they'll print too much and as much as they could which will just cause everything out there to be worth less.\n\n2)Companies (stocks) have the ability to become worthless as well being that they function on the dollar as a piggyback. They got pumped due to the dollar, NOT because they did better business. Maybe Amazon and Tesla, but other companies no.\n\n3)Bitcoin needs a DEMOCRACY to become worthless, meaning that for bitcoin to become worthless 100% of its participants have to agree on this AT THE SAME TIME. All miners have to shut down, all nodes have to shut down, many bitcoin businesses need to close doors, etc.\n\nBitcoin is the first time in human history that we have DIGITAL SCARCITY. That alone will make bitcoin always worth it to everyone. So do not become fazed by this. Just use this opportunity to buy more.", 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/', 'im5e19', [['u/soontobesilenced', 26, '2020-09-04 02:43', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/g3xi3pc/', "pep talk? everyone waiting for a better price just got it. it's been uptrending for 6 months. obviously that had to end some time. why is a lower price bad? it's a buyers market now instead of a sellers market. that's great for buyers.", 'im5e19'], ['u/CraftyMuthafucka', 10, '2020-09-04 04:54', 'https://www.reddit.com/r/Bitcoin/comments/im5e19/little_pep_talk_for_you_newbs_and_other_too_hard/g3xw2bo/', 'I think he’s pep talking himself.', 'im5e19']]], ['u/rotaryfurball', 'If the Stock Market Opens Red Tomorrow, Expect Massive Dips in Bitcoin; Bitcoin Growth/Dip == Stock Market', 198, '2020-09-04 03:48', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/', "As the title suggests. \n\nI see posts of people asking whether to buy or not. No one knows but one thing is for sure, but when the election comes around in one month and stimulus starts drying out the stock market is going to crash, the FEDs can't QE forever. With that being said, Bitcoin follows the stock market. Today the stock market, dropped near 4%. Bitcoin dropped 8% and in the plague like dips in March/April. Bitcoin just doubles the dips of the stock market. \n\n&#x200B;\n\nSource: My ass.", 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/', 'im6z0j', [['u/tommygunz007', 14, '2020-09-04 03:53', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xpu6l/', "Let's hope it hits 6k so we can buy more. 6k 6k 6k", 'im6z0j'], ['u/Libertos', 14, '2020-09-04 04:30', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xtmjj/', 'I wonder if whales sometimes time their sells to things like a falling stock market, so people will think correlation is causation, and when the stock market drops again people will freak out, sell more BTC and guess who is waiting to drink the tears of the scared sellers and scoop up cheaper BTC? Just my random thoughts...\n\nBuy the dips boys and HODL!', 'im6z0j'], ['u/Chipjack', 127, '2020-09-04 04:49', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xvmr6/', ">Source: My ass.\n\nWhether I agree with your prediction or not, I have to appreciate your transparency. At the very least, you've given us something to think about and that's never a bad thing. Thanks for sharing your thoughts with us.", 'im6z0j'], ['u/HellHathNoFlurry', 23, '2020-09-04 05:00', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3xwq52/', "I think you're right about the stock market. I'm out of work, so last week I sold enough stock to cover my living expenses for a year. With businesses shutting down, people out of work, stimulus money drying up, riots/looting/mayhem in our cities, and a contentious election coming up in which there's a possibility that either side won't accept the results if the other side wins... it seemed a good time to mitigate some risk! I don't think stocks can continue in a direction that diverges from the economic and political events that I'm seeing in the news every day. I'm still hodling though 🤣", 'im6z0j'], ['u/Oninteressant123', 25, '2020-09-04 05:34', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3y075e/', "I mean even the hedge-fundiest of whales can only predict the market with like 54% accuracy so I'd say OP's ass is a perfectly good source.", 'im6z0j'], ['u/LegendOfJeff', 17, '2020-09-04 06:20', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3y4htr/', 'That used to be true. But since February, the correlation has been pretty strong.', 'im6z0j'], ['u/joeknowswhoiam', 10, '2020-09-04 09:31', 'https://www.reddit.com/r/Bitcoin/comments/im6z0j/if_the_stock_market_opens_red_tomorrow_expect/g3yijla/', '[It hasn\'t](https://www.blockchaincenter.net/cryptocurrency-correlation-study/) been "strong". Never even came close to 0.5... at best you\'ve just demonstrate that a global negative event like COVID-19, affecting every single country\'s economy also has an effect on Bitcoin, not sure it really needed such a deep analysis to come to predict this though. Yes exchanges and businesses accepting Bitcoin also deal with fiat a lot and also require customers to do business... When there are less customers or they can\'t be as economically active as usual (e.g. they have lost their jobs/businesses/etc.), it has a negative impact on the economy... who\'d a thunk it?', 'im6z0j']]], ['u/THE_YB', 'NANO vs PAYPAL (& Smart Contracts)', 16, '2020-09-04 05:48', 'https://www.reddit.com/r/nanocurrency/comments/im8t8u/nano_vs_paypal_smart_contracts/', "Hi im a crypto noob but wanted to invest long term in an asset with 10-1000x return possibility. Obviously stocks being stupidly over valued crypto was the only option.\n\nI have used BTC in the past and was SHOCKED at how shit it was given the hype e.g. Took 1hr to send and cost 30% transaction fees. So I asked a tech friend about alternatives and he said Nano - instant & free - great i thought and purchased my first 500 at 1.32 a few weeks ago.\n\nMy luck nano tanked today but i had planned on buying 2k worth anyway and was looking to buy at 0.85,0.55 and 0.35 (apprx support levels).\n\nHOWEVER (and this is my question), before i brought my next lot of Nano i was looking at Reddit for some more fundamental analysis before really committing to the full 2k+ plan.. In doing so i stumbled on 1 big flaw.\n\nWhy would someone use Nano over Paypal? Now i understand the Niche crypto community dont care about paypal users and I agree paypal is expensive & nazi-ish but as an investor who wants their coin to achieve MASS multi-billion user adoption we have to be realistic here.. Consumers drive demand for currency - if a ccy doesnt benefit the consumer in someway it will be difficult for nano to become a 'macro' ccy.\n\nThe speed is cool but paypal matches the speed. The fees? the consumer doesnt pay them anyway. You could argue thtat suppliers pass the fees back onto the consumer though so i guess that is a fair point. BUT the biggest barrier imo is the SAFETY that paypal/ credit card companies provide.\n\nIf i was to buy something online using nano, i would have no guarantee that 1. ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7. It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move. Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0. Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout. It was a bullish day for the rest of the majors, however. EOS led the way, rallying by 14.50%. Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support. Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, EOS was up by 1.55% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0. Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043. Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 5th, 2020 USD/JPY Weekly Price Forecast – US Dollar Rallies Into Resistance USD/CAD Daily Forecast – U.S. Dollar Fails To Continue Its Rebound Gold Price Forecast – Gold Markets Continue to Show Current Area Bitcoin Down Almost 10% Today, You’ll Be Surprised to Hear What’s Next The Weekly Wrap – A Busy Economic Calendar Delivered Support for the Greenback', 'Bitcoin, BTC to USD, rose by 3.13% on Friday. Partially reversing a 10.80% tumble from Thursday, Bitcoin ended the day at $10,484.7. It was a mixed start to the day. Bitcoin fell to an early morning low $10,095 before making a move. Steering clear of the first major support level at $9,620, Bitcoin rallied to a late intraday high $10,644.0. Falling well short of the first major resistance level at $11,090, Bitcoin eased back to sub-$10,500 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Friday. Tron’s TRX bucked the trend once more, sliding by 11.42% to partially reverse Thursday’s 15.94% breakout. It was a bullish day for the rest of the majors, however. EOS led the way, rallying by 14.50%. Bitcoin Cash ABC (+6.93%), Cardano’s ADA (+7.45%), Monero’s XMR (+5.53%), and Tezos (+7.20%) also found strong support. Binance Coin (+3.04%), Bitcoin Cash SV (+3.58%), Ethereum (+1.50%), Litecoin (+1.22% Ripple’s XRP (+3.82%), and Stellar’s Lumen (+1.83%) trailed the front runners. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Thursday low $303.72bn. At the time of writing, the total market cap stood at $322.50bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Thursday high 60.77%. At the time of writing, Bitcoin’s dominance stood at 59.75%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,443.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,593.0 before falling to a low $10,442.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.17%), Ethereum (-0.35%), and Litecoin (-1.34%) joined Bitcoin in the red. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, EOS was up by 1.55% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,365 pivot level to support a run at the first major resistance level at $10,764. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,644.0. Barring an extended crypto rally, the first major resistance level and Friday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,000 before any pullback. The second major resistance level sits at $11,043. Failure to avoid a fall through the $10,365 pivot would bring the first major support level at $10,086 into play. Barring another extended crypto sell-off, however, Bitcoin should avoid sub-$10,000 levels on the day. The second major support level sits at $9,687. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 5th, 2020 USD/JPY Weekly Price Forecast – US Dollar Rallies Into Resistance USD/CAD Daily Forecast – U.S. Dollar Fails To Continue Its Rebound Gold Price Forecast – Gold Markets Continue to Show Current Area Bitcoin Down Almost 10% Today, You’ll Be Surprised to Hear What’s Next The Weekly Wrap – A Busy Economic Calendar Delivered Support for the Greenback', "NEW YORK, NY / ACCESSWIRE / September 5, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/604959/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 5, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on AL Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $193,332,267,450 - Hash Rate: 123066572.0785968 - Transaction Count: 325523.0 - Unique Addresses: 685736.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Office of the Comptroller of the Currency (OCC), a federal banking regulator in the U.S., is rapidly expanding crypto awareness on Capitol Hill. The OCC published an interpretive letter Wednesday announcing that in its view, nationally chartered banks are able to provide custody services for cryptocurrencies, a move that the industry widely praised as one that could help mainstream adoption of crypto, even though it’s unclear as to whether banks will immediately act on the regulatory clarification. This development is likely to be very positive for the digital assets space, but major U.S. banks probably won’t be holding Bitcoin any time soon. Related: Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round Congressman Darren Soto (D-Fla.) told CoinDesk in a phone call that the letter was “an important step” to better integrate cryptocurrencies into the U.S. financial system, though he cautioned that “the federal government is still behind in incorporating” cryptocurrency. “We support further integration of cryptocurrency into the financial system, including allowing the major financial institutions to hold this currency. It’ll lead to further legitimization of crypto,” he said. Across the aisle, Representative Tom Emmer (R-Minn.) agreed, telling CoinDesk in an emailed statement that providing custody is “a big step forward” for financial innovation. Both representatives are members of the Congressional Blockchain Caucus. Related: Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset “[Acting Comptroller] Brian Brook’s work should serve as a guiding light forward for the rest of our patchwork of financial regulators,” Emmer said. A number of aspects of the letter make it interesting, said a Congressional staffer, who advises a lawmaker on fintech issues and asked for their name to be withheld. The first was its rapid release, given Brooks just took the job in May. The staffer said a number of lawmakers will claim that insufficient research was put into the benefits or detriments of the move. Even the bullish Soto noted that the OCC’s announcement seemed hurried. “We’ve seen some things rushed throughout the Trump administration so this isn’t particularly surprising,” Soto said, though he added, “it’s been a long time coming. This should have happened months or years ago.” The Congressional staffer added that the form of the letter is interesting, in that it’s not an announcement or a rule. “It looks like it’s an interpretive letter, which maybe a specific bank asked for … and that’s fairly normal practice if regulations are a little ambiguous but usually … you don’t issue it writ large.” Story continues Starting a conversation Up until now, the lack of regulatory clarity has meant mainstream financial firms like Fidelity have managed to get into crypto, but only by going the long way around and creating a separate legal entity, such as Fidelity Digital Assets. The OCC letter provides clarity so that banks can get closer to crypto without worrying about regulatory uncertainty. “People who are supportive of crypto and blockchain technology will see this as a very positive step, and the more skeptical crowd, this’ll further entrench their viewpoint,” the Congressional staffer said. “I think there’s a very large group of politicians who have never thought about this, so that’s the real benefit is it’ll start that discussion.” Ron Hammond, a former aide to Rep. Warren Davidson (R-Ohio), agreed that the move might force a conversation around crypto, but noted that neither major party – Democrats or Republicans – currently have a platform around financial technology or digital assets. He expects Democrats as a party to come out against the move, he told CoinDesk in a phone call. “Democrats already are skeptical of banks [and] they’re even more skeptical of digital assets, so you put those two together and you have a pretty big policy storm of mistrust in the system,” he said. Anti-money laundering and know-your-customer concerns may be brought up, along with the fact that Brian Brooks, the current Acting Comptroller of the Currency, has been neither formally nominated nor confirmed to his role. The conversation about crypto will not be limited to Capitol Hill. Alex Batlin, CEO of digital asset custody provider Trustology, and a former blockchain lead at BNY Mellon and UBS, told CoinDesk he expects there to be “a lot more conversations” about crypto in various company boardrooms this coming fall. Open door A number of barriers still remain before any nationally chartered banks are able to actually offer crypto custody services. Hammond said that while the letter might provide cover for smaller banks, major ones would need more reassurance before they’d be willing to enter the space. “I don’t expect you will see much change in the next three to four months, but then we might see some acceleration thereafter,” Batlin said. “I expect that after the summer, this will come up as banks will be holding investment committees for funding approvals for the next year.” There are also concerns around whether the letter can provide binding guidance. The Congressional staffer noted that the relevant statutes could be interpreted differently by another administration, meaning a future letter or rulemaking process could tell banks the opposite of Wednesday’s missive. Still, the OCC’s overtures open the door for much less risky and cheaper routes into crypto for big banks, said Batlin. The way banks are likely to dip their toes in is by going the sub-custody route, he said, by partnering with small specialist organizations. “That’s exactly what a global custodian like BNY Mellon does anyway,” Batlin said. “Now that this activity is going to be regulated, I expect the cheapest solution for bigger banks is to have some kind of semi-derisked trial of this is to use someone as a sub-custodian.” Following Europe The OCC letter brings the U.S. closer to the situation in Germany, where lawmakers provided clarity that essentially eased restrictions on banks providing custody of crypto assets. Germany’s Financial Supervisory Authority (BaFin) released guidance earlier this year clarifying how firms based outside the nation could still provide custody services within Germany’s borders and remain in compliance with international law, such as the European Union’s Fifth Anti-Money Laundering Directive. “The U.S. is following Europe, and the use cases are unlikely to be crypto coins,” said Phil Mochan, co-founder of Koine, a London-based custody and post-trade settlement solution for digital assets. “The banks in Germany are all saying they are not going to touch crypto coins, but are interested in primary issuance of securities on behalf of their clients.” Mochan pointed out that simply providing cold storage of crypto keys does not resolve any of the post-trade activities needed for standard market infrastructure, which involves the emergence of blockchain-enabled central securities depositories (CSDs). Election approaching Back in the U.S., the upcoming presidential election is one wild card that might determine whether the next Comptroller reverses the decision or not. “I don’t see a situation where a [Republican President Donald] Trump nominee, whether he be Brooks or someone else, would overturn this but I can see a situation in a [Democratic Presidential nominee Joe] Biden administration where this gets overturned,” he said. That’s not to say a potential Biden administration would for sure overturn the move, and it’s unlikely to be a key priority, but the uncertainty remains. “There’s no notice or comments, [no] input [from] the industry,” Hammond said. “I can see a Biden administration being more concerned about that and probably striking down the [letter].” Soto said Congress needed to take action to bring further clarity, starting with passing the Token Taxonomy Act (which Hammond wrote while working for Davidson) and the Digital Taxonomy Act (which Soto sponsored). “We need to pass both those bills to establish basic definitions and jurisdiction so there’s no overreach by agencies and there’s more certainty,” he said. “I continue to be troubled by the fact that many new cryptocurrency firms have to spend [millions] due to the complex rules in the United States and that’s because we’ve left it solely to the agencies.” Related Stories Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore View comments... - Reddit Posts (Sample): [['u/[deleted]', 'Ive counted over 33 forks of btc. Is this not enough to disolve the narrative that forks are detrimental. Only one of theese forks represents Satoshis White Paper. BCH P2P Electronic Cash.', 30, '2020-09-05 00:00', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/', 'Bitcoin Cash: Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH\nBytether: Cross fork from Bitcoin to Ethereum blockchain at block 478558, 1 August 2017. For each 1 BTC you get 1 BTH ERC-20 token.\nBitcoin Clashic: Forked at Block 478558, 1 August 2017. For each 1 BTC you get 1 BCHC / BCL\nBitcoin Gold: Forked at Block 491407, 24 October 2017, For each 1 BTC you get 1 BTG\nBitcoin Diamond: Forked at Block 495866, 24 November 2017, For each 1 BTC you get 10 BCD\nUnitedBitcoin: Forked at Block 498777, 12 December 2017, For each 1 BTC you get 1 UB\nBitcoin Hot: Forked at Block 498848, 12 December 2017, For each 1 BTC you get 100 BTH\nSuper Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 SBTC\nBitcoinX: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 10,000 BCX\nOil Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 OBTC\nBitcoin World: Forked at Block 499777, 17 December 2017, For each 1 BTC you get 10000 BTW\nLightning Bitcoin: Forked at Block 499999, 19 December 2017, For each 1 BTC you get 1 LBTC\nBitcoin Stake: Forked at Block 4999999, 19 December 2017, For each 1 BTC, you get 100 BTCS\nBitEthereum: Forking on 21 December 2017, For each 1 BTC you get 3.940616 BITE\nBitcoin Top: Forked at Block 501118, 26 December 2017, For each 1 BTC you get 1 BTT\nBitcoin God: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1 GOD\nBitcoin FILE: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1000 BIFI\nBitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name. Forked at Block 501451, 28 December 2017. For each 1 BTC you get 1 B2X\nBitcoin Uranium: Forking on 31st December 2017, For each 1 BTC you get 1 BUM.\nBitcoin Pizza: Forking at Block 501888, 1st January 2018, For each 1 BTC you get 1 BPA\nBitcoin All: Forking on 1st January 2018, For each 1 BTC you get 1 BTA. Referenced on steemit post.\nBitcoin Cash Plus: Forking at Block 501407, Expected on 2nd of January 2018, For each 1 BTC you get 1 BCP\nBitcoin Smart: Forking at Block 505050, 21 January 2018, For each 1 BTC you get 1 BCS\nBitcoin Interest: Forking at Block 505083, 22 January 2018, For each 1 BTC you get 1 BCI\nQuantum Bitcoin: Forking on 28th January 2018, For each 1 BTC you get 1 QBTC\nBitcoin LITE: Forking on 30th January 2018, For each 1 BTC you get 1 BTCL\nBitcoin Ore: Forking on 31st January 2018, For each 1 BTC you get 1 BCO\nBitcoin Private: Forking in January 2018, For each 1 BTC you get 1 BTCP (also if you have 1 ZCL you get 1 BTCP)\nBitcoin ATOM: Forking at Block 505888 on 24 January 2018, For each 1 BTC you get 1 BCA\nBitcoin BitVote (BTV): Forking at Block 505050, 21 January 2018, For each 1 BTC you get 1 BTV\nBitcoin Stash (BSH): Forking at Block 556766, Expected on 15nd of November 2018, For each 1 BTC you get 1 BTCC\nBithereum (BTH): Forking at Block 555555, Expected on 12nd of December 2018, For each 1 BTC you get 1 BTCC\nBitcoin Core (BTCC): Forking at Block 576698, Expected on 20nd of May 2018, For each 1 BTC you get 1 BTCC\nBitcoin BiZero (BZX): Forking in January 2019, For each 1 BTC you get 1 BZX', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/', 'impa51', [['u/jonald_fyookball', 12, '2020-09-05 01:30', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/g426tjr/', '>Ive counted over 33 forks of btc. Is this not enough to disolve the narrative that forks are detrimental. Only one of theese forks represents Satoshis White Paper. BCH P2P Electronic Cash.\n\nGood research!\n\nJust to play devil\'s advocate: You are stating an opinion and a maximalist one at that. Other forks exist and other humans believe in them. Sure you can make an argument and have strong reasons but others can also make arguments. It might be better to say "Its the best version" or "by far the best" or "possibly the best", etc. rather than the only. All shades of opinion. And in the end the opinions don\'t matter. Crypto is freedom.', 'impa51'], ['u/knowbodynows', 11, '2020-09-05 02:11', 'https://www.reddit.com/r/btc/comments/impa51/ive_counted_over_33_forks_of_btc_is_this_not/g42b0fb/', '\|\|block\|\|1BTC:\n---\|---:\|---:\|:---\nBitcoin Cash\|478558\|1 Aug 2017\|1 BCH \nBytether\|Cross fork from BTC to ETH @ 478558\|1 Aug 2017\|1 BTH ERC-20 token\nBitcoin Clashic\|478558\|13 Nov 2017\|1 BCHC or BCL \nBitcoin Gold\|491407\|24 Oct 2017\|1 BTG \nBitcoin Diamond\|495866\|24 Nov 2017\|10 BCD \nUnitedBitcoin\|498777\|12 Dec 2017\|1 UB \nBitcoin Hot\|498848\|12 Dec 2017\|100 BTH \nSuper Bitcoin\|498888\|12 Dec 2017\|1 SBTC \nBitcoinX\|498888\|12 Dec 2017\|10,000 BCX \nOil Bitcoin\|498888\|12 Dec 2017\|1 OBTC \nBitcoin World\|499777\|17 Dec 2017\|10,000 BTW \nLightning Bitcoin\|499999\|19 Dec 2017\|1 LBTC \nBitcoin Stake\|499999\|19 Dec 2017\|100 BTCS \nBitEthereum\| \|21 Dec 2017\|3.940616 BITE \nBitcoin Top\|501118\|26 Dec 2017\|1 BTT \nBitcoin God\|501225\|27 Dec 2017\|1 GOD \nBitcoin FILE\|501225\|27 Dec 2017\|1000 BIFI \nBitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name\|501451\|28 Dec 2017\|1 B2X \nBitcoin Uranium\| \|31 Dec 2017\|1 BUM. \nBitcoin Pizza\|501888\|1 Jan 2018\|1 BPA \nBitcoin All\| \|1 Jan 2018\|1 BTA. Referenced on steemit post. \nBitcoin Cash Plus\|501407\|Expected on 2 Jan 2018\|1 BCP \nBitcoin Smart\| 505050\|21 Jan 2018\|1 BCS \nBitcoin Interest\| 505083\|22 Jan 2018\| 1 BCI \nQuantum Bitcoin\| \| 28 Jan 2018\|1 QBTC \nBitcoin LITE\| \|30 Jan 2018\| 1 BTCL \n Bitcoin Ore\| \| 31 Jan 2018\| 1 BCO\nBitcoin Private\| \| Jan 2018\|1 BTCP (+ 1 BTCP per 1 ZCL) \nBitcoin BitVote\| 505050\|21 Jan 2018\|1 BTV\nBitcoin ATOM\| 505888 \|24 Jan 2018\|1 BCA \nBitcoin Stash\| 556766\|15 Nov 2018\|1 BSH\nBithereum\| 555555\|12 Dec 2018\| 1 BTH \nBitcoin Core\| 576698\|20 May 2018\|1 BTCC \nBitcoin BitZero\| \| Jan 2019\| 1 BZX\nBitcoin Platinum\|\nBitcoin Peso\|', 'impa51']]], ['u/JuicySpark', "READ THIS NOW: My life of SHOULD'VE, WOULD'VE, COULD'VE until I discovered Crypto.", 66, '2020-09-05 01:24', 'https://www.reddit.com/r/CryptoCurrency/comments/imqoqk/read_this_now_my_life_of_shouldve_wouldve_couldve/', '\n\n\nMostly all here are invested into Crypto. We all have our own reasons, methods, values of how we invest our money. One thing in common is we all have one main goal. That is to get as much money as possible out of this with the time, and money we can spare. \n\n##That\'s the dam truth##. \n\nWe are all here together, and since we are all here on our own will , I want to tell you why you should be proud to hold all your crypto. \n\n\nI\'m 40 years old. At 18 after I graduated HS I had about $7800. $1400 from my graduation party, and $6400 selling my MTG collection on EBay. I also managed a small arcade for about $350 a week. \n\nBack to my MTG collection...\n\nI sold it because it changed. The designs on the new series looked too modern. The original designs were a work of art. \n\nAnyway, I seriously wanted to hold those magic cards but I kept telling myself...\n\n"I can get them back if I want. The price isn\'t going to move anytime soon. The market is in slight decline. Some of these have been the same price for 2 years now." \n\nI was right, the price of my two Lotus\'s stayed the same for 5 more years. Not budging . 12 years later after that , those same two cards value at over $60,000ea I believe. If I held untill a few years ago or now, I would\'ve been able to do a quick sale at $400,000. Yes at a discount.\n\nThe same goes for all the first edition garbage pail kids I had. \n\n##So, what did I do with all $7800##?\n\nI told myself I want to invest it into Microsoft. But I talked myself out of it by saying \n\n"Some people told me the market was a risk, and I had to prepare myself to lose it all"\n\nSo I didn\'t do it. I was close, but I didn\'t. I could\'ve had OVER A MILLION! \n\nI instead used that money for a school. Business computer programming.\nIt was a waste because 90% of what they taught me came natural. I was doing basic programming at 13 for fun. \n\nI regret not going with my initial FOMO on Microsoft , I regret listening to my own FUD with the MTG cards. \n\n\n7 years later, I repeated the same mistake...\n\nI had about $15,000 in the bank. I wanted to invest $10,000 in apple after I read about the release of the iphone. Instead opted to do 5k over FUD I read. It was FUD about the risk since they never made phones, and alot of people were ridiculing their idea. \n\nThen I said to myself...\n\n"Fuck that, I don\'t want to do this. I could do so much more with this 5k" \n\nI instead used the 15k turbocharge my transam, add a racing transmission, tires, rims, new stero system, and I took a 2 week vacation ...GONE!\n\nI got what I wanted. Got laid a bunch of times, went to car shows. That could of been $500k by now. \n\nTo top this off, I missed out on a quick $78,000 win at the racetrack because if my own FUD. Horses.\n\nI lost $200, and was left with only I $5 that night. I decided, "you know what, fuck it, I\'m going to do a completely off the wall wild bet. \n\n I did a completely wild bet for $5. I picked all longshots in what they call a "Superfecta"(4 horses in that exact order 1st, 2nd, 3rd, 4th place prediction. \n\n1 minute before the race started, I Cancelled the bet. I told myself ...\n\n"this is stupid, 99:1, 78:1, 56:1, 38:1 long shots coming out in this order? THATS INSANE...Why am I blowing 5 away? Fuck that, I instead put $5 on the 10:1 to win hopefully my to maybe get $50 back " \n\nWell. Guess what? The 3nd largest superfecta payout in history. No body won it! It came out i... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse. Falling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5. Bitcoin fell through the first major support level at $10,086 before finding late support. Late in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Saturday. Tron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down. Binance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses. Bitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses. Bitcoin Cash SV bucked the trend on the day, rising by 0.25%. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn. Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%. This Morning At the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bianance Coin (-0.79%) and Tezos (-0.56%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play. Failure to move through the $10,239 pivot would bring the first major support level at $9,884 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571. This article was originally posted on FX Empire More From FXEMPIRE: Crude Oil Price Forecast – Crude Oil Markets Breakthrough Moving Averages Natural Gas Price Forecast – Natural Gas Markets Give Up Early Gains EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – September 5th, 2020 S&P 500 Weekly Price Forecast – Stock Markets Pullback to Recent Break Out The Crypto Daily – The Movers and Shakers – September 6th, 2020 S&P 500 Price Forecast – Stock Markets Looking for Support', 'Bitcoin, BTC to USD, slid by 2.74% on Saturday. Partially reversing a 3.13% gain from Friday, Bitcoin ended the day at $10,196.9.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,593.0 before hitting reverse.\nFalling short of the first major resistance level at $10,764, Bitcoin slid to a late intraday low $9,925.5.\nBitcoin fell through the first major support level at $10,086 before finding late support.\nLate in the day, Bitcoin moved back through the first major support level to wrap up the day at $10,190 levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Saturday.\nTron’s TRX and Ethereum tumbled by 15.96% and by 13.69% respectively to lead the way down.\nBinance Coin (-7.32%), Cardano’s ADA (-11.59%), Ripple’s XRP (-6.62%), Stellar’s Lumen (-7.32%), and Tezos (-9.61%) also saw particularly heavy losses.\nBitcoin Cash ABC (-5.07%), EOS (-2.02%), Litecoin (-5.77%), and Monero’s XMR (-5.98%) saw relatively modest losses.\nBitcoin Cash SV bucked the trend on the day, rising by 0.25%.\nIn the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $279.73bn. At the time of writing, the total market cap stood at $306.87bn.\nBitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 61.97%. At the time of writing, Bitcoin’s dominance stood at 61.36%.\nAt the time of writing, Bitcoin was up by 0.23% to $10,220.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,147.0 before rising to a high $10,225.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBianance Coin (-0.79%) and Tezos (-0.56%) saw red early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Bitcoin Cash SV was up by 2.24% to lead the way early on.\nBitcoin would need to move through the $10,239 pivot level to support a run at the first major resistance level at $10,551.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $10,500 levels.\nBarring an extended crypto rally, the first major resistance level and Saturday’s high $10,593.0 would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $10,906 would likely come into play.\nFailure to move through the $10,239 pivot would bring the first major support level at $9,884 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,571.\nThisarticlewas originally posted on FX Empire\n• Crude Oil Price Forecast – Crude Oil Markets Breakthrough Moving Averages\n• Natural Gas Price Forecast – Natural Gas Markets Give Up Early Gains\n• EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – September 5th, 2020\n• S&P 500 Weekly Price Forecast – Stock Markets Pullback to Recent Break Out\n• The Crypto Daily – The Movers and Shakers – September 6th, 2020\n• S&P 500 Price Forecast – Stock Markets Looking for Support', "NEW YORK, NY / ACCESSWIRE / September 6, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/605025/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 6, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.\nALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nContact:\nAndre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma 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: 2020-09-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $193,332,267,450 - Hash Rate: 130921885.1899966 - Transaction Count: 262820.0 - Unique Addresses: 557370.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoins latest price drop has a silver lining it has forced out weak hands in the derivatives market and potentially opened the doors for a more sustainable rally to recent highs. The top cryptocurrency by market value fell by over 3.5% to levels near $11,100 on Tuesday, according to CoinDesks Bitcoin Price Index . The price drop triggered sell liquidations, the forced unwinding of long trades, worth nearly $50 million in perpetuals (futures with no expiry) listed on cryptocurrency exchange BitMEX, according to data source Skew . The positives of last nights move was that it cleared out a lot of the weak leverage longs, Singapore-based QCP Capital said in a Telegram post, in reference to the perpetuals liquidations. Weak longs is the term used to describe traders lacking confidence or resources to hold assets for the long haul. Usually, its the retail crowd that exits the market or is forced out on minor price dumps or pumps. Markets often shake out weak hands with temporary price pullbacks following strong breakouts like bitcoins recent move above $12,000. Following Tuesdays price drop, the cost of holding long positions in BitMEX perpetuals, as represented by the funding rate , has normalized. Funding rate is a mechanism used to tether a perpetual contracts price to the spot price. A high funding rate discourages new investors from entering the market and existing holders from boosting their long positions. The unsustainably high funding rate has been pushed back to its typical baseline levels of 11% annualized, QCP Capital said. The funding rate had jumped to highs above 60% in annualized terms on Aug. 18, when bitcoin broke above $12,000. As a result, stronger buying pressure may emerge, leading to a re-test of recent highs above $12,000. Bitcoin is currently trading near $11,400. Also read: Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High Related Stories Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing Bitcoin Drop Squeezes Out Weak Derivatives Positions And That May Be a Good Thing... - Reddit Posts (Sample): [['u/Professor_Brainstaum', "World's Youngest Bitcoin Investor ...", 46, '2020-09-06 01:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/', "On 4th September, BLOB of Oldham, England became the world's youngest Bitcoin investor. S/he is due to be born in April 2021 and reserves the right to change their name from BLOB at a later date. A brother and cousin, both aged under two years old, own holdings as well.\n\nOK. On to the serious bit. I'm looking to set up safe custodial cryptowallets to store these kids' holdings until around 18 years of age. It is important that these wallets are clearly the property of the child itself, and not part of the estate of an adult custodian who might not be around eighteen years from now. Has anybody got any experience of setting up a similar custodial wallet for a very young child? Any tips or pointers would be welcome.\n\nAny 'know your customer' sign-up could be fun. I guess we could upload the first scan!\n\nThanks for any helpful suggestions.", 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/', 'inbsdj', [['u/ultrajoba', 12, '2020-09-06 03:57', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/g46xsl5/', "Way to abort the fetus' fleeting moment of fame.", 'inbsdj'], ['u/Imnotusuallysexist', 11, '2020-09-06 12:37', 'https://www.reddit.com/r/BitcoinBeginners/comments/inbsdj/worlds_youngest_bitcoin_investor/g47xth5/', 'Custodial + 18 years terrible idea.\n\nChance of said entity existing in 18 years is about 5%.\n\nStore it in a time-locked transaction.\n\nMake sure the 12 keywords along with the word bip39 are either held somewhere or privately memorized.\n\nNo worries about inheritance, etc.', 'inbsdj']]], ['u/Quantifan', '96 hours after having my account compromised and $25K stolen I still haven’t heard from Coinbase support.', 63, '2020-09-06 02:50', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/', "*Headline updates:\n\nThe bank reclaimed my money 1 month ago, but I received this gem of an update from Coinbase October 14th (note that the lack of a name after best regards is not an error on my copy paste):\n\nHello xxx,\n\nWe have transferred your case to a specialist who will be able to assist you with this specific issue. You will be contacted directly as soon as we have reviewed your case. Please note, these reviews are typically completed within 5-7 business days but may take longer.\n\nBest regards,\n\n• No substantive response in 160 hours. I did receive an email stating that \\~$120 had been transferred off of my account which is positive. However, it takes 5 minutes to determine this and send an email.\n\n• 2020-09-08 9:00AM: Chase reversed the ACH transfer\n\nApproximate timeline of events to Coinbase account compromise and ACH transfer from Chase Bank to Coinbase. Ticket #02674780.\n\nNote that I'm unable too get in touch with coinbase at any point beyond automated emails and a “we will look at it”. I'm hoping this encourages them to reach out to me.\n\n• 2020-09-01 9:18PM: Notice login attempt to dormant Coinbase account.\n\n• 2020-09-01 9:18PM: Notice suspicious activity on email with emails being received and immediately deleted.\n\n• 2020-09-01 9:27PM: Requested my Coinbase account sign-in be disabled.\n\n• 2020-09-01 9:39PM: Initiate support case with Coinbase.\n\n• 2020-09-02 9:45PM: Learn that cell phone does not appear to be working correctly and I am not receiving texts and cannot make outbound calls. I later come to the realization that the perpetrator has ported my cell phone number to bypass two factor authentication on Coinbase and email accounts.\n\n• 2020-09-02 10:00PM: Contact Sprint after hours support via chat on website and am told that my account has been canceled and it is a system glitch. Support team will look into it and get my phone up and running within 24 hours.\n\n• 2020-09-02 11:00PM: Initiate deleted email recovery from Yahoo Mail.\n\n• 2020-09-02 11:00AM: Recover deleted Yahoo Mail emails and identify that password reset on Coinbase account has been performed by a person in the UK and that a $25,000 transfer and $65.00 transfer has been initiated.\n\n• 2020-09-02 11:28AM: Still no access to a cell phone. I placed call to chase fraud department from my work Skype account apprising them of the situation, performed a username reset, password reset and added a verbal password to my account. Fraud support fails to restrict my account despite me telling them that it was compromised via Coinbase and that an ACH transfer was going to be initiated from Coinbase for $25,000.\n\n• 2020-09-02 11:49AM: Call Sprint and determine my phone number has been ported to John Anderson at T-Mobile. T-Mobile needs to investigate to give me my phone number back and estimates 24-48hours before they end their investigation.\n\n• 2020-09-02 3:30PM: File an identity theft police report with Police.\n\n• 2020-09-02 4:45PM: Regain access to my cell phone number and it is ported back to my name.\n\n• 2020-09-02 5:00PM: Notice ACH transfers to Coinbase for $25,000 and $65 are pending in bank statement.\n\n• 2020-09-02 5:05PM: Place call to Chase Fraud department. Tell them that they should cancel the ACH transfer marked as pending and that my account is compromised. I am transferred to Claims. I tell claims that my account is compromised and that they should cancel the transfer. Claims tells me that they will put some sort of hold on the transfer but that I may be liable for fees from Coinbase and that I will have to fill out a form.\n\n• 2020-09-02 9:00PM: Initiate full scan across all my computers for viruses and worms with two different security suites. No viruses or worms detected.\n\n• 2020-09-03 8:00AM: Identify that ACH transfer was processed despite my calls to the Chase Fraud department.\n\n• 2020-09-03 9:00AM: Visit Chase Bank. Restriction is put on account. No one is able to explain why the ACH transfers were allowed to complete. Chase Bank requires I fill out a claims form before they can investigate my case which takes 24 hours to generate.\n\n• 2020-09-03 2:00PM: File complaint with the FBI.\n\n• 2020-09-03 4:30PM: Speak with a claims manager at Chase bank. He informs me that if your account says pending the money is already out the door (fun fact). Still no one seems to be able to tell me why my account was not restricted prior to the transfer.\n\n• 2020-09-03 7:45PM: File a complaint with the Department of Financial Institutions as it seems that Chase probably dropped the ball here.\n\n• 2020-09-03 8:15PM: Email a couple lawyers to see what my options are. Not sure anything will come of this or whether it will be worthwhile but it probably makes sense to check tomorrow.\n\n• 2020-09-03 8:45PM: I am still waiting on a response from Coinbase as to my case.\n\n• 2020-09-03 10:00PM: Receive an automated email from Coinbase that they will hold the funds additional 7 business days before they can be withdrawn due to suspicious activity.\n\n• 2020-09-04 3:00PM: Sign affidavit with Chase stating that I didn't initiate the ACH transfer with supporting timeline.\n\n• 2020-09-05 10:00PM: Still no response from Coinbase beyond automated emails.\n\n• 2020-09-06 10:05AM: A little positive progress here. It looks like I had \\~$120 in BTC in my account that was transferred off. Not the end of the world as I forgot it was on there, but still no word on the ACH transfer which is my primary concern.\n\n• 2020-09-08 9:00AM: Chase reversed the ACH transfer\n\nIn the last 160 hours I am unable to get Coinbase on the phone or via email to tell me how the investigation is proceeding.\n\nI'm sure I failed somewhere (many places) along the path here, but not being able to get in touch with anyone at Coinbase is disturbing. I'm hoping they'll read this and actually reply beyond asking for my support ticket number.\n\nI would note that I am able to get both Sprint and Chase on the phone and in person throughout the entire process.\n\nUpdates:\n\n2020-09-06 10:05AM: A little positive progress here. It looks like I had \\~$120 in BTC in my account that was transferred off. Not the end of the world as I forgot it was on there, but still no word on the ACH transfer which is my primary concern.", 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/', 'incpk0', [['u/shadowangel21', 12, '2020-09-06 03:13', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/g46t9lu/', "It important to secure your account, 2FA by txt is not secure at all. Add Google Auth / Authy minimum, for you i would suggest buying some security keys.\n\nFor online banking get a new number, don't add it to social media or use it online ever. Add 2FA if you can.\n\nHopefully support will be in soon.", 'incpk0'], ['u/BitDepot', 24, '2020-09-06 04:30', 'https://www.reddit.com/r/CoinBase/comments/incpk0/96_hours_after_having_my_account_compromised_and/g470zqy/', 'Coinbase should not be allowed to operate without having an actual support team like Kraken and BitStamp.. I’ve been hearing these stories for years and years now.', 'incpk0']]], ['u/AutoModerator', '[Daily Discussion] Sunday, September 06, 2020', 43, '2020-09-06 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/infh2r/daily_discussion_sunday_september_06_2020/', "Thread topics include, but are not limited to:\n\n General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODg... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move. Steering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1. Falling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day for the majors on Sunday. Bitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend. It was a bullish end to the week for the rest of the majors, however. Binance Coin surged by 18.99% to lead the way. Cardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support. Bitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners. For the week ending 6 th September, it was also a mixed bag for the majors. Tron’s TRX rallied by 16.44% to buck the trend. It was a bearish week for the rest of the majors. Tezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down. Bitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses. Binance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week. In the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn. Story continues Bitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%. This Morning At the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Stellar’s Lumen was up by 2.17% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417. Support from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1. Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside. In the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play. Failure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890. This article was originally posted on FX Empire More From FXEMPIRE: Sanction Fears Hit SMIC Shares Hard, Plunges over 20% Oil Price Fundamental Weekly Forecast – Traders Looking to Sell Rallies Until Demand Returns The Crypto Daily – Movers and Shakers – September 7th, 2020 Prevailing Macros Trigger Selling Pressure on Crude Oil Prices USD/JPY Fundamental Weekly Forecast – Higher if Jump in Treasury Yields Offsets Stock Market Weakness Bitcoin and Tron’s TRX Weekly Technical Analysis – September 7th, 2020', 'Bitcoin, BTC to USD, rose by 0.71% on Sunday. Partially reversing a 2.74% slide from Saturday, Bitcoin ended the week down by 12.39% to $10,276.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,031.0 before making a move.\nSteering clear of the first major support level at $9,884, Bitcoin struck a late intraday high $10,365.1.\nFalling short of the first major resistance level at $10,551, Bitcoin eased back to wrap up the day at sub-$10,300.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day for the majors on Sunday.\nBitcoin Cash ABC and EOS ended the day down by 0.79% and by 1.16% respectively to buck the trend.\nIt was a bullish end to the week for the rest of the majors, however.\nBinance Coin surged by 18.99% to lead the way.\nCardano’s ADA (+3.10%), Ethereum (+5.23%), Monero’s XMR (+2.81%), Stellar’s Lumen (+2.59%), Tezos (+2.75%), and Tron’s TRX (+5.39%) also found strong support.\nBitcoin Cash SV (+0.01%), Litecoin (+0.15%), and Ripple’s XRP (+1.15%) trailed the front runners.\nFor the week ending 6thSeptember, it was also a mixed bag for the majors.\nTron’s TRX rallied by 16.44% to buck the trend.\nIt was a bearish week for the rest of the majors.\nTezos (-24.62%), Litecoin (-23.85%), Stellar’s Lumen (-21.20%), and Cardano’s ADA (-20.98%) led the way down.\nBitcoin Cash ABC (-19.22%), Bitcoin Cash SV (-17.39%), Ethereum (-17.75%), Monero’s XMR (-16.73%), and Ripple’s XRP (-15.34%) also saw heavy losses.\nBinance Coin (-1.90%) and EOS (-10.64%) saw relatively modest losses in the week.\nIn the current week, the crypto total market rose to a Tuesday high $379.05bn before sliding to a Saturday low $293.54bn. At the time of writing, the total market cap stood at $314.76bn.\nBitcoin’s dominance fell to a Wednesday low 58.79% before rising to a Saturday high 62.01%. At the time of writing, Bitcoin’s dominance stood at 60.41%.\nAt the time of writing, Bitcoin was up by 0.53% to $10,330. A mixed start to the day saw Bitcoin fall to an early morning low $10,267.0 before striking a high $10,330.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Stellar’s Lumen was up by 2.17% to lead the way.\nBitcoin would need to avoid a fall through the $10,224 pivot level to support a run at the first major resistance level at $10,417.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Sunday’s high $10,365.1.\nBarring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.\nIn the event of a crypto breakout, the second major resistance level at $10,558 would likely come into play.\nFailure to avoid a fall through the $10,224 pivot would bring the first major support level at $10,083 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of the second major support level at $9,890.\nThisarticlewas originally posted on FX Empire\n• Sanction Fears Hit SMIC Shares Hard, Plunges over 20%\n• Oil Price Fundamental Weekly Forecast – Traders Looking to Sell Rallies Until Demand Returns\n• The Crypto Daily – Movers and Shakers – September 7th, 2020\n• Prevailing Macros Trigger Selling Pressure on Crude Oil Prices\n• USD/JPY Fundamental Weekly Forecast – Higher if Jump in Treasury Yields Offsets Stock Market Weakness\n• Bitcoin and Tron’s TRX Weekly Technical Analysis – September 7th, 2020', 'Bitcoin tumbled by 12.39% in the week ending 6thSeptember. Reversing a 0.57% gain from the previous week, Bitcoin ended the week at $10,276.0.\nIt was a mixed start to the week. Bitcoin fell by 0.50% on Monday to an early weekly low $11,600 before making a move.\nSteering clear of the first major support level at $11,296, Bitcoin rose to a Monday intraweek high $12,067.\nBitcoin came up against the first major resistance level at $12,006 before hitting reverse.\nThe reversal saw Bitcoin tumble to a Saturday intraweek low $9,925.5.\nBitcoin fell through the week’s major resistance levels before finding support on Sunday.\nOn the day, Bitcoin broke back through the third major support level at $10,151 to wrap up the week at $10,200 levels.\n4 days in the red that included a 10.85% stumble on Thursday delivered the downside for the week.\nBitcoin would need to move through the $10,756 pivot level to support a run the first major resistance level at $11,587.\nSupport from the broader market would be needed for Bitcoin to break back through to $11,000 levels.\nBarring an extended crypto rally, resistance at $11,000 would likely leave Bitcoin short of the first major resistance level.\nIn the event of a breakout, Bitcoin could test resistance at $12,000 before any pullback. Bitcoin would likely come up well short of the second major resistance level at $12,898, however.\nFailure to move through the $10,756 pivot would bring the first major support level at $9,445 into play.\nBarring another extended sell-off, Bitcoin should avoid sub-$9,000 levels and 23.6% FIB of $8,900. The second major support level sits at $8,615\nAt the time of writing, Bitcoin was up by 0.18% to $10,294.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $10,258.2 before rising to a high $10,330.0 early on Monday.\nBitcoin left the major support and resistance levels untested at the start of the week.\nTron’s TRX surged by 16.92% in the week ending 6thSeptember. Following on from an 11.04% rally from the previous week, Tron’s TRX ended the week at $0.031499.\nIt was a particularly bullish start to the week. Tron’s TRX rallied from a Monday intraday week low $0.02569 to a Thursday intraweek high $0.05337.\nSteering clear of the major support levels, Tron’s TRX broke through the week’s major resistance levels before pulling back.\nMore significantly, Tron’s TRX also broke through the 23.6% FIB of $0.0291 and the 38.2% FIB of $0.0428.\nThe pullback saw Tron’s TRX slide back through resistance levels to sub-$0.028 levels.\nTron’s TRX also fel Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,931,738,428 - Hash Rate: 151762133.7678071 - Transaction Count: 327662.0 - Unique Addresses: 672721.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE, SINGAPORE / ACCESSWIRE / August 23, 2020 / PlotX, a non-custodial prediction market protocol has been launched on the Ethereum Kovan Testnet. Ideated by former Nexus Mutual and GovBlocks developers, PlotX is challenging the existing prediction market projects with it's novel automated and decentralised market making algorithm that allows for on-chain market creation, option pricing, settlement and reward distribution - without the need for any counterparty. On August 4, the first application built on PlotX protocol was launched, allowing users to predict on the markets like "What will be the price of BTC/USDT in the next 1 hour". Apart from the 1 hour markets, 1 day and 1 week markets were also launched. The users with correct predictions earn peer-to-peer rewards. In less than two weeks, over 131 users have placed market predictions using the PlotX dApp, with a strong community forming ahead of September's mainnet launch. Designed for attracting high liquidity on event predictions, PlotX has been described as a Uniswap equivalent for prediction markets that taps into the network effects derived from innovations such as automated market making and liquidity mining. The product of intensive open source development, PlotX was originally conceived by Ish Goel, former CTO at Nexus Mutual, Nitika Goel, former Nexus Mutual lead developer, Kartic Rakhra former co-founder at GovBlocks & Satheesh Ananthasubramanian, ex-Cognizant & BORN. Inspired by the success of Nexus Mutual and GovBlocks, PlotX aims to follow a decentralized and pragmatic approach to governance with the community being involved in all governance decisions such as dispute resolution, addition of new types of markets, vertical expansion etc. Community members will be able to raise proposals and vote, with decisions being implemented automatically via smart contracts, all on the Ethereum blockchain. About PlotX PlotX (dubbed as the Uniswap of Prediction Markets) is a non-custodial protocol written using the Solidity language that can allow predictions for any price feed, with the ability to create markets, settle markets through third-party oracles and distribute rewards peer-to-peer on the Ethereum Blockchain. Markets once initiated are automatically created in intervals of 1h, 1d and 1w. Story continues The PlotX smart contracts eradicate the counterparty risk in market creation & settlements. It also aims to solve the liquidity problem that has marred the growth of prediction market protocols in the past. Built on the foundation of strong on-chain governance and risk spread mechanism, PlotX provides an opportunity for users to use their skills in predicting the future value of any asset and develop the protocol to suit their prediction market ideas. Founded by former Nexus Mutual & GovBlocks developers, PlotX has the potential to disrupt the prediction market space in the DeFI ecosystem, winning on its simplicity and fun factor. For more information see https://www.plotx.io/ Media Contact: Dan Edelstein [email protected] +972-545-464-238 SOURCE : PlotX View source version on accesswire.com: https://www.accesswire.com/602890/Former-Nexus-Mutual-CTO-Launches-PlotX--a-Uniswap-for-Prediction-Markets... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020.\nUnder the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s board of directors and/or its management will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from its existing cash balance.\nAbout Canaan Inc.Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China\'s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world\'s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com.\nSafe Harbor StatementThis announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law.\nInvestor Relations ContactCanaan Inc.Mr. Shaoke LiEmail: [email protected]\nICR Inc.Jack WangTel: +1 (347) 396-3281Email: [email protected]', 'HANGZHOU, China, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its board of directors has authorized a share repurchase program under which the Company may repurchase up to US$10 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares over the next 12 months starting from September 22, 2020. Under the share repurchase program, the Company may repurchase its ADSs from time to time through open market transactions at prevailing market prices, privately negotiated transactions, block trades or any combination thereof. In addition, Canaan will also effect repurchase transactions in compliance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and its insider trading policy. The number of ADSs repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with Canaan’s working capital requirements and general business conditions. The Company’s board of directors and/or its management will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The Company plans to fund the repurchases from its existing cash balance. About Canaan Inc. Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China\'s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world\'s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com. Safe Harbor Statement This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law. Story continues Investor Relations Contac Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,931,738,428 - Hash Rate: 133652505.32879265 - Transaction Count: 332668.0 - Unique Addresses: 693543.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Nigerian programmer Adebiyi David Adedoyin hears knocking at his apartment door. He’s just woken up and headed to the bathroom. He decides to take his time. He’ll answer in a minute. But the knocking grows louder – and more urgent. Inching open the bathroom door, Adedoyin sees someone clawing open his apartment window. Related:Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting “Someone’s there,” a voice says. It’s probably the police trying to break in, he realizes, from all the stories he’s heard. Adedoyin is sure he hasn’t done anything wrong. But with the Nigerian police, that doesn’t matter. He still might need to brace for trouble. As he thinks through what to do next, Adedoyin is thankful a chunk of his money is stored in bitcoin. His crypto wallet is in a hiding spot the officers probably won’t think to check. That means they’re less likely to steal it. Related:Chainalysis Report Shows Healthy Crypto Usage in Venezuela While there are many principled police officers in Nigeria who help tackle crimes, police corruption is pervasive. Many Nigerian police are known for extorting and even sometimes torturing citizens rather than helping them solve legal quandaries. “Right there in the bathroom, where I was in my boxers with just my phone, AirPods and pack of cigarettes, I could hear them shouting for me to come open the door,” Adedoyin told CoinDesk. This is awell-documented phenomenonin Nigeria. Over the past several years, an online social media movement has emerged against the police. On Twitter, people use the hashtag #EndSARS to publicize the poor treatment they’ve received from police. SARS stands for Special Anti-Robbery Squad, which is a particularly brutal and mistrusted wing of the Nigerian police force. Human rights research organization Human Rights Watch released a 102-pagereportoutlining the abuses in painful detail in 2010. “Human Rights Watch’s research revealed that people refusing to pay bribes are routinely subjected to arbitrary arrest, unlawful detention and threats until they or their family members negotiate payment for their release. Extortion-related confrontations between the police and motorists often escalate into more serious abuses. The evidence suggests that police officers have on numerous occasions severely beaten, sexually assaulted, or shot to death ordinary citizens who failed to pay the bribes demanded,” the report reads. Adedoyin notes that Nigerians have to develop their own tricks to avoid police extortion, especially the younger Nigerians who are the main targets. Some people walk along different routes to avoid walking near the police. “Now it’s up to each person to prevent oneself from entering such situations,” he said. The practice is common enough that Adedoyin has been extorted by police officers more than once, and his friends have, too. Corrupt police officers take their detainee’s phone. Theyscan through itlooking for SMS or email messages signalling how much money the detainee has in the bank. If the police officer finds the detainee doesn’t have any money, they’re less likely to waste their time. Locked in the bathroom, Adedoyin rapidly scrolls through his most recent messages, deleting any bank statements or emails showing how much money he has. The bathroom door lock breaks. Adedoyin is confronted by four police officers, all carrying guns. One slaps Adedoyin and asks him why he didn’t come open the door. As Adedoyin expected, another officer snatches his phone and scans through for any grain of evidence that Adedoyin has money. Adedoyin didn’t have time to delete everything. The officer finds some evidence of how much money he makes. They finally let him go once he pays. It was a bad experience. But Adedoyin is happy that hisbitcointrick worked–most of his money is still safe. “The money they collected to let me go in that case would have been a lot more if I had more money in my account. But I had most of my money in bitcoin,” Adedoyin said. Why does using bitcoin help in this situation? Adedoyin’s ploy is to pretend that he doesn’t have much money to extort. His solution is to store his money in a bitcoin wallet instead of in a bricks-and-mortar bank. Since bitcoin’s less common, it’s less likely the police officers find it. Put another way, he’s not putting his money into bitcoin as a safeguard because of its decentralization properties. Rather, he just thinks police officers are far less likely to look for a crypto balance than a fiat balance to see if he’s ripe for extortion. “[The officers] don’t think to check [bitcoin] wallet apps, because most of them don’t even know what bitcoin is and even think bitcoin is a scam,” Adedoyin said. The second reason he has bitcoin is he hopes the price will keep rising. Like many other bitcoiners in the region, he sees it as an investment that might pay off in the future. But for now, he keeps most of his money in bitcoin as security against the next time the police come banging on his door. • Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria • Unconfiscatable? Using Bitcoin to Resist Police Extortion in Nigeria... - Reddit Posts (Sample): [['u/GeraltofOuterHeavia', 'For those tilting toward tech', 57, '2020-09-08 00:50', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/', '\'"Be greedy when others are fearful, and fearful when others are greedy.\' -Warren Buffet." -Michael Scott.\n\n\nYou ever notice how much everyone on this sub, and every other investing sub, talks about their huge allocations in tech heavy funds like QQQ and ARKK? \n\nEven going so far as to make tech the spine of their portfolio? Or even the entirety?\n\nDespite the massive valuations and parabolic price jumps the sector has undergone? \n\nLook guys, I know that stonks only go up, but sometimes in order to keep going up in the long term, they need to go down in the short term. Sometimes they need to go down a lot. Sometimes, if you\'re not properly diversified, it could take years, even decades, to recoup losses, even if you dollar cost average. \n\nMeanwhile, other stonks that you neglected because you went all in on one sector of one market of one country\'s economy will go up, and you\'ll miss making all those gains because you\'re still betting almost 100% on tech. \n\nBasically, what I\'m trying to say is you\'re exposing yourself to a disproportionate amount of risk, more potential risk than potential reward, whenever you make QQQ half of your portfolio. Remember that even 60% VTI/40% VXUS is moderately risky, because you\'re still only exposed to one asset class. Just for context. \n\nLastly, I just wanna loop back to the beginning and encourage you guys to look at that quote, then consider what happens whenever an asset becomes very popular, maybe even trendy. Weed stocks were big, and kept going up. Bitcoin was big, and kept going up. Real estate was big, and kept going up. Dotcom companies were big, and kept going up. What happened to them all? \n\nI\'m not saying the tech sector is going to see the same fate, because I don\'t have a crystal ball. But I AM saying that when you effectively make your portfolio almost entirely tech by making it 40% QQQ, 20% VOO, 20% VUG and 20% ARKK, you\'re placing a very clear bet that tech will never meet that fate. \n\nDo you wanna make that bet? Do you...come to Wall Street to make bets?', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/', 'iohzpb', [['u/[deleted]', 17, '2020-09-08 01:43', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/g4e2z1c/', 'Just waiting for the yolo comments to start coming in.', 'iohzpb'], ['u/daviddjg0033', 13, '2020-09-08 02:06', 'https://www.reddit.com/r/ETFs/comments/iohzpb/for_those_tilting_toward_tech/g4e5e02/', 'This is not a YOLO community.\n\nThis entirely depends on your capital, your outlook, and your time frame.\n\nIf your portfolio is 100% weighted towards tech, you were selling into this rally.\n\nI still believe the long term narrative that innovation will disrupt.\n\nWe are in a long period where the 10 year will not exceed 1%.\n\nThere will be buying opportunities this week for long term tech investors.', 'iohzpb']]], ['u/CryptoStrategies', 'Thanks to everyone who attempted to contribute to the failed Bitcoin Cash (BCH) Marketing Flipstarter', 58, '2020-09-08 04:13', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/', "This was the second attempt at this Flipstarter, with a much smaller target (360 BCH) than the first attempt (650 BCH). I will not run a Flipstarter again in the future and cannot commit to any further activities in support of Bitcoin Cash common infrastructure at this time. I would like to thank those who pledged in both attempts and put their money where their mouth in appreciation of my past work. \n\n\|Name\|Amount\|Message\|\n:--\|:--\|:--\|\n\|Georg Engelmann\|116.64 BCH\|Stay with BCH\|\n\|Roger Ver \|50.64 BCH\|The IFP is an attempted highjacking of Bitcoin Cash. There's plenty of voluntary funding available for worthwhile things\|\n\|molecular\|20.13 BCH\|\|\n\|Peetah\|20.10 BCH\|\|\n\|Shadow Of Harbringer\|13.37 BCH\|\|\n\|Yan\|10.25 BCH\|\|\n\|zveda\|6.12 BCH\|May the videos be of high quality.\|\n\|btcfork\|2.50 BCH\|yes to BCH, no to 8% coinbase tax scum\|\n\|read.cash\|2.34 BCH\|\|\n\|bomtom1\|1.82 BCH\|https://read.cash/@bomtom1\|\n\|emergent_reasons \|1.50 BCH\|Since we started flipstarter, I have always wanted to see it applied to BCH marketing\|\n\|Sedonabiz\|1.24 BCH\|Love what you do for BCH\|\n\|imaginary_username\|1.15 BCH\|campaign's a bit short, but good luck anyway!\|\n\|Jake\|1.11 BCH\|\|\n\|HurlSly\|1.01 BCH\|It's a lot of money for me. Thank you for you work\|\n\|zquestz\|1.01 BCH\|Let's get this over the finish line!\|\n\|BCH fan\|1.01 BCH\|I'm doing my part!\|\n\|zquestz\|1.01 BCH\|Good luck!\|\n\|chainxor\|1.00 BCH\|Don't give up. You're doing good work and the intent is admirable no matter the details. \|\n\|Edward\|0.97 BCH\|\|\n\|Mathieu G\|0.89 BCH\|Love your videos!\|\n\|jonathan#100\|0.85 BCH\|Still more than I can afford, and still worth it.\|\n\|Anonymous\|0.74 BCH\|\|\n\|Kieran Mesquita\|0.66 BCH\|Bitcoin Cash marketing department\|\n\|seventh.sense\|0.63 BCH\|Keep up the good work Hayden!\|\n\|Anonymous puffin\|0.61 BCH\|\|\n\|Anonymous\|0.55 BCH\|go for it!\|\n\|jonald\|0.52 BCH\|\|\n\|Lopokoko\|0.51 BCH\|P2P Electronic Cash for the world!\|\n\|Bitcoin Cast\|0.50 BCH\|Bitcoin (BCH) FTW!\|\n\|BCH is our hope!\|0.48 BCH\|The highest hopes we have for humanity is a currency that is separated from the state. BCH ftw!\|\n\|Anonymous\|0.40 BCH\|\|\n\|lugaxker\|0.40 BCH\|Bitcoin: A Peer-to-Peer Electronic Cash System\|\n\|BitcoinOutLoud\|0.33 BCH\|\|\n\|Anon\|0.30 BCH\|I secretly hope miners choose IFP\|\n\|Anonymous\|0.20 BCH\|\|\n\|Steve\|0.20 BCH\|Big fan of you and what you're doing in Australia and for adoption! Keep going Hayden!\|\n\|Anonymous\|0.17 BCH\|\|", 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/', 'iol6hb', [['u/user4morethan2mins', 19, '2020-09-08 04:32', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4ek7hm/', '-64 karma. Stick with your IDH coin.', 'iol6hb'], ['u/user4morethan2mins', 10, '2020-09-08 04:36', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4eklc3/', "As I read it, leaving 'common' infrastructure. Still in BCH I hope.", 'iol6hb'], ['u/user4morethan2mins', 18, '2020-09-08 06:50', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4ew8sj/', "Four comment posts here, much negative karma and you've admitted that you're not into crypto now. Let it go, move on, improve your mental health and get a life.", 'iol6hb'], ['u/ugtarmas', 15, '2020-09-08 07:26', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4eytnw/', 'Good luck in your future endeavors.', 'iol6hb'], ['u/JonathanSilverblood', 27, '2020-09-08 08:00', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f15ni/', "It sucks that this didn't get funded, and I think it was a good value for the cost.", 'iol6hb'], ['u/ShadowOfHarbringer', 10, '2020-09-08 09:03', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f54q0/', "> and cannot commit to any further activities in support of Bitcoin Cash common infrastructure at this time\n\nGiving up so quick? We haven't even properly started yet you know.", 'iol6hb'], ['u/where-is-satoshi', 14, '2020-09-08 09:59', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f8aya/', "What an blithering idiot. Obviously you have never been to Bitcoin Cash City and used Bitcoin Cash with these merchants. Bitcoin Cash rocks.\n\nIt costs nothing for merchants to accept Bitcoin Cash so promises are not needed. If they don't want to accept Bitcoin Cash anymore, they peel the sticker off.", 'iol6hb'], ['u/CryptoStrategies', 18, '2020-09-08 10:06', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4f8p4z/', 'Thanks for saying that, and for your promo efforts in relation to the flipstarter!', 'iol6hb'], ['u/sq66', 19, '2020-09-08 10:37', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fabwg/', "Flipstarter is limiting your audience as you can't participate without using ElectronCash + plugin. That is too much for plenty of people here, especially those willing to pay a small amount. Some of them would not even care if they ever got the pledge back on a failing pledge. I.e. pledges like ~$100-$200.\n\nMaybe this question is going to the wrong place and is a bit late in you case, but maybe there should be a direct contribution alternative on the flipstarter page to which you can pay without the hassle.", 'iol6hb'], ['u/CryptoStrategies', 13, '2020-09-08 10:42', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fam16/', 'I agree with you. It is too much of a hurdle for many to contribute.', 'iol6hb'], ['u/moleccc', 20, '2020-09-08 11:23', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fcpbv/', 'I support this notion.', 'iol6hb'], ['u/ThomasZander', 17, '2020-09-08 13:48', 'https://www.reddit.com/r/btc/comments/iol6hb/thanks_to_everyone_who_attempted_to_contribute_to/g4fl6ef/', "I'm also sad that this didn't get funded, I believe it doesn't reflect on Hayden, I think its because there were too many mixed signals and general frustration going on.\n\nIt is important to remember that we are in a unique, unprecedented time. This is the first time ever in Crypto that a community is firing the main-client and moving on without.\n\nThis has given us a lot of stress, a lot of seeking of allies and less time to actually build (and I consider marketing... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.\nBut they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush.\nInstead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc.\nTSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018.\nCollectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%.\nTo be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing.\nInvestors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution.\n(1) Returns calculated prior to New York market open Sept. 8,2020.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nTim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.\nFor more articles like this, please visit us atbloomberg.com/opinion\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.\nBut they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush.\nInstead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc.\nTSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018.\nCollectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%.\nTo be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing.\nInvestors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution.\n(1) Returns calculated prior to New York market open Sept. 8,2020.\nThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.\nTim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.\nFor more articles like this, please visit us atbloomberg.com/opinion\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg Opinion) -- Gold and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency. But they’ve been pipped in the past year by another investment thesis that’s perhaps a little more tangible, highlighting the old adage that it’s smartest to be selling shovels in a gold rush. Instead of buying into either asset, those who threw their money behind a basket of companies with exposure to blockchain technologies would have returned 54% over the past year, even after the recent rout that’s hit global tech stocks the hardest.(1) Gold is up just 27% over that time, despite a boom since March, while Bitcoin is actually down 1.8%. Elwood Asset Management LLP’s Blockchain Global Equity Index — ticker: BLOCK — is a collection of 45 companies involved in the blockchain ecosystem, a technology that deploys cryptography to store information in distributed ledgers and is resistant to modification or manipulation. Its top-three holdings are Taiwan Semiconductor Manufacturing Co., Kakao Corp. and Monex Group Inc. TSMC is well known as the chief supplier of chips that go into cryptocurrency miners, the high-powered computers that solve mathematical calculations at the heart of Bitcoin and similar digital currencies. Seoul-based Kakao was best known for its chat app of the same name before it started getting into the blockchain business two years ago. Japan’s Monex was once the nation’s largest online brokerage, subsequently losing ground to SBI Holdings Inc. and Rakuten Inc., and bought cryptocurrency exchange Coincheck in 2018. Collectively, the Top 10 performers in the index have each returned more than 54% over the past year, with “online retailer and advocate of blockchain technology” Overstock.com Inc. climbing ninefold (even after a plunge of 45% since Aug. 20) after second-quarter revenue more than doubled. Kakao is the third-best, up 147%. To be fair, the solid returns among most of the index’s members may be only obliquely connected to their exposure to the blockchain ecosystem. TSMC, for example, has largely benefited from the U.S.-China tech rivalry and increased demand for personal computers, servers and games consoles amid prolonged pandemic-driven social distancing. Investors may not care exactly why these players did so well, but the mere fact that they delivered such solid returns will likely be reason enough for the true believers to advocate embracing the blockchain revolution. (1) Returns calculated prior to New York market open Sept. 8,2020. Story continues This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News. For more articles like this, please visit us at bloomberg.com/opinion Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P. View comments', 'Bitcoin, BTC to USD, slid by 2.42% on Tuesday. Reversing a 1.18% gain from Monday, Bitcoin ended the day at $10,148.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $10,464.0 before hitting reverse. Falling short of the first major resistance level at $10,579, Bitcoin slid to a late intraday low $9,882.4. Bitcoin fell through the first major support level at $10,065 recovering to wrap up the day at $10,100 levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day for the majors on Tuesday. Binance Coin (+3.56%), Monero’s XMR (+1.64%), and Tron’s TRX (+8.15%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Ethereum and EOS led the way down, with losses of 4.59% and 3.26% respectively. Bitcoin Cash ABC (-2.23%), Bitcoin Cas Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,696,095,328 - Hash Rate: 128478859.9612265 - Transaction Count: 314864.0 - Unique Addresses: 681429.0 Social & AI Sentiment: - Fear & Greed Index: 0.38 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The 17-year-old alleged ringleader behind the recentTwitter hackreportedly has more than $3 million worth ofbitcoin– enough to pay his $725,000 bail. • At Hillsborough County Courthouse, Florida, on Saturday, the attorney representing Graham Ivan Clark said his client owned 300 bitcoin, theTampa Bay Timesreported Sunday. • CoinDesk datashows this stash is worth $3.4 million at current market prices. • Bail was set at $725,000 during Clark’s first court appearance on Saturday. • Arrested Friday, authorities see Clark as the ringleader and mastermind of July’s “CryptoForHealth” Twitter hack, a coordinated attack of some 30 high profile accounts, including CoinDesk, that promised to double the money of users who sent cryptocurrency. • In total, some $117,000 worth of cryptocurrency went to the hackers in one afternoon. • Two accomplices have also been charged in California. • In an investigation last year, authorities confiscated 400 bitcoin from Clark, but later returned 300. • Although prosecutors have suggested Clark’s bitcoin stash was illegally acquired, his attorney has argued it was legitimate because the authorities returned it. • Clark now stands accused on 17 counts of communications fraud, 11 counts of fraudulent use of personal information, as well as one count of breaking into an electronic device and another for organized fraud. See also:Twitter Hack Takes Down Joe Biden, Elon Musk Accounts in Widespread Bitcoin Scam Attack • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K • Twitter Hacker Owns $3.4M in Bitcoin, Court Sets Bail at $725K... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 pandemic-led acceleration of adoption.”\nThat’s how Singapore-based DBS Bank describes the current state of digital assets in itsquarterly report on cryptocurrenciespublished in August.\nIt’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain large financial institutions – particularly in places like Singapore, Switzerland and Germany – fielding a new wave of demand for crypto, filtering through from smaller private banks and wealthy clients.\nRelated:Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund\nOn the subject of cryptocurrencies likebitcoin (BTC), Baig identified two distinct phases of demand: pre-pandemic and post-pandemic.\n“Pre-pandemic demand was largely speculative. People saw bitcoin had a spectacular run and wanted to be part of that game, so what’s wrong with putting in 1% of assets under management [into BTC],” Baig said in an interview. “But I think post-pandemic is beyond speculative. It’s more about, ‘This thing has fixed circulation, it will not be debased.’ People are worried about dollar outflow and wondering if they should hold crypto in addition to gold as a safe-haven currency.”\nRead more:Bitcoin’s Correlation With Gold Hits Record High\nDBS isn’t the only bank to notice this trend. Singapore-based digital asset bank Sygnum, which holds a banking license from the Swiss Financial Market Supervisory Authority, echoed this view.\nRelated:First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags\n“Since the outbreak of COVID-19 there has been increased interest from family offices and private individuals who see digital assets as an alternative and a way to protect against a worrying inflation risk,” said Martin Burgherr, co-head of clients at Sygnum Bank. “Now that banks are awakening from the lockdown, we have had a significant uptick in national and international banks asking us to help in a B2B setup, to enable their clients to invest in digital assets.”\nBaig – who has previously held senior economist roles at the Monetary Authority of Singapore, Deutsche Bank and the International Monetary Fund – likes to zoom out and take a macro view of digital currencies and the potential play of central bank digital currencies (CBDC).\nThere has been a steady rise in gold, while fixed-income yields are heading towards zero, Baig said, and such conditions have also caused “bitcoin to come back quite convincingly.”\nRead more:PTJ on BTC: Bitcoin Is Now the Macro Big Bet\nIt’s tempting to look at bitcoin through the lens of foreign exchange (FX), as yet another currency with an exchange rate against the U.S. dollar. But this is mistaken, Baig said, since a regular sovereign currency has accepted economic means of evaluation that determine productivity and long-term growth.\n“You can’t value cryptocurrencies like that,” Baig said. “While they can have this credibility with a system-based circulation, they’re still not attached to a country’s fortune. So, of course, they will not go and up and down the way the U.S. economy goes up and down. From that perspective, it’s more akin to gold than an FX in my view.”\nFor countries experiencing a currency crisis or episode of hyperinflation, pegging to the U.S. dollar may bring some short-term credibility, but it doesn’t work out well for a lot of currencies, Baig noted, adding:\n“If you look at Venezuela or even Lebanon, which is in the middle of a massive financial crisis, could you, at some point going forward, conceive that instead of linking your currency to the U.S. dollar, you link it to a cryptocurrency?”\nProvided that transactions can be viewed on the blockchain there are possibilities, said Baig. “As long as it’s tied to a limited-circulation currency, I see some similarities between that sort of anchoring versus anchoring against the US. dollar,” he said.\nThe topic of CBDCs is also highly politicized, particularly between the U.S. and China.\nThere are two dimensions to think about when it comes to China and its CBDC efforts at “digitizing the redback,” said Baig. Firstly, a digital renminbi (e-RMB) is a way that China’s central bank, the People’s Bank of China (PBoC), can exercise some control over the country’s sprawling fintech ecosystem.\n“There’s so much going on at the Alipay, Tencent level,” Baig said. “Deposits are being made by those fintechs, they are extending credit, so it doesn’t really matter what PBoC does with respect to interest rates. It’s like a whole parallel universe.”\nRead more:China’s Digital Currency May Come With Hardware Wallets as Well\nThe other dimension concerns the potential for an e-RMB to become a way for certain countries to bypass the U.S. dollar settlement mechanism, which makes them “somehow answerable to the Southern District [Court] in New York” or the Securities and Exchange Commission,” said Baig.\n“The U.S. dollar has been used repeatedly as a weapon against Iran against other countries and also against China,” he said. “I think now with U.S.-China tensions so high the case for e-RMB becomes even more compelling.”\nRead the full report:\n• Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist\n• Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist", "“A pandemic-led acceleration of adoption.” That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain large financial institutions – particularly in places like Singapore, Switzerland and Germany – fielding a new wave of demand for crypto, filtering through from smaller private banks and wealthy clients. Related: Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund On the subject of cryptocurrencies like bitcoin (BTC) , Baig identified two distinct phases of demand: pre-pandemic and post-pandemic. “Pre-pandemic demand was largely speculative. People saw bitcoin had a spectacular run and wanted to be part of that game, so what’s wrong with putting in 1% of assets under management [into BTC],” Baig said in an interview. “But I think post-pandemic is beyond speculative. It’s more about, ‘This thing has fixed circulation, it will not be debased.’ People are worried about dollar outflow and wondering if they should hold crypto in addition to gold as a safe-haven currency.” Read more: Bitcoin’s Correlation With Gold Hits Record High DBS isn’t the only bank to notice this trend. Singapore-based digital asset bank Sygnum, which holds a banking license from the Swiss Financial Market Supervisory Authority, echoed this view. Related: First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags “Since the outbreak of COVID-19 there has been increased interest from family offices and private individuals who see digital assets as an alternative and a way to protect against a worrying inflation risk,” said Martin Burgherr, co-head of clients at Sygnum Bank. “Now that banks are awakening from the lockdown, we have had a significant uptick in national and international banks asking us to help in a B2B setup, to enable their clients to invest in digital assets.” Digital gold Baig – who has previously held senior economist roles at the Monetary Authority of Singapore, Deutsche Bank and the International Monetary Fund – likes to zoom out and take a macro view of digital currencies and the potential play of central bank digital currencies (CBDC). There has been a steady rise in gold, while fixed-income yields are heading towards zero, Baig said, and such conditions have also caused “bitcoin to come back quite convincingly.” Story continues Read more: PTJ on BTC: Bitcoin Is Now the Macro Big Bet It’s tempting to look at bitcoin through the lens of foreign exchange (FX), as yet another currency with an exchange rate against the U.S. dollar. But this is mistaken, Baig said, since a regular sovereign currency has accepted economic means of evaluation that determine productivity and long-term growth. “You can’t value cryptocurrencies like that,” Baig said. “While they can have this credibility with a system-based circulation, they’re still not attached to a country’s fortune. So, of course, they will not go and up and down the way the U.S. economy goes up and down. From that perspective, it’s more akin to gold than an FX in my view.” Dollar pegging For countries experiencing a currency crisis or episode of hyperinflation, pegging to the U.S. dollar may bring some short-term credibility, but it doesn’t work out well for a lot of currencies, Baig noted, adding: “If you look at Venezuela or even Lebanon, which is in the middle of a massive financial crisis, could you, at some point going forward, conceive that instead of linking your currency to the U.S. dollar, you link it to a cryptocurrency?” Provided that transactions can be viewed on the blockchain there are possibilities, said Baig. “As long as it’s tied to a limited-circulation currency, I see some similarities between that sort of anchoring versus anchoring against the US. dollar,” he said. Digitizing the redback The topic of CBDCs is also highly politicized, particularly between the U.S. and China. There are two dimensions to think about when it comes to China and its CBDC efforts at “digitizing the redback,” said Baig. Firstly, a digital renminbi (e-RMB) is a way that China’s central bank, the People’s Bank of China (PBoC), can exercise some control over the country’s sprawling fintech ecosystem. “There’s so much going on at the Alipay, Tencent level,” Baig said. “Deposits are being made by those fintechs, they are extending credit, so it doesn’t really matter what PBoC does with respect to interest rates. It’s like a whole parallel universe.” Read more Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $187,696,095,328 - Hash Rate: 136239328.01257572 - Transaction Count: 345981.0 - Unique Addresses: 745318.0 Social & AI Sentiment: - Fear & Greed Index: 0.38 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Nasdaq-listed cryptocurrency mining company Marathon Patent Group received and deployed two shipments of new mining machines, which increased the company’s hashrate by 130 petahash per second to 186 petahash per second. • According to anannouncementMonday, the company received 700 WhatsMiner M31S+ Miners from MicroBT and 600 S19 Pro Antminers from Bitmain. • 1,000 additional S19 Pro Antminers are expected to arrive between September and December this year leading to an expected additional hashrate increase of 153.4 petahash per second. • “We believe that the increased hashrate production will mean the company will become cash-flow positive on a go forward basis for the first time since we embarked on this pivot to become a bitcoin mining company,” said CEO Merrick Okamoto. • Marathon shares, which were already down about 50% from their yearly high set earlier in August, are down 10% from their Monday open, trading around $2.52 at last check. • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive • Marathon Brings New Bitcoin Mining Rigs Online, Sees Itself Becoming Cash-Flow Positive... - Reddit Posts (Sample): [['u/badgerhoneyy', 'Do you have a will? What happens to money scattered across all my accounts if I get hit by a proverbial bus?', 44, '2020-09-10 00:54', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/', "I'm poor, with an income below £15k, still studying later than most, but have my full LISA allowances for the past four years, across more than one provider. I also have premium bonds (yes, yes, I know. But it's my emergency fund and super easy access), bitcoin, etc. And own property.\n\nI don't have a family and I don't have a will. If I die early, nobody would even know about the LISAs and bitcoin. How do I approach communicating the account info to someone after my death? Does it all go in a will? And how do people know where my will is?\n\nTo further complicate things, I'd like my small savings to go to an overseas charity. How do I appoint an executer to oversea this, and compensate them for the hassle without letting a solicitor do it and inevitably having no money left to go to the charity afterwards?\n\nWhat arrangements do you all have for an unpredicted early death?\n\nEDIT: Thanks you UK FIRE homies. There are some fantastic well-informed replies on this thread, and you've really given me a lot of direction in how to address this. I hope others can also read this and get some benefit.", 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/', 'ipr6aj', [['u/raspberyrobot', 15, '2020-09-10 02:02', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4lov8c/', 'Also worried about my crypto if i get hit by a bus. My advice would be to tell someone you trust where the keys are. Also make sure the keys are someone fire proof.', 'ipr6aj'], ['u/Fortescue', 13, '2020-09-10 02:30', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4lrzrs/', "I found the MSE site quite useful. Explains how Wills work, how to arrange one (cheaply), and how/where to store it.\n\nhttps://www.moneysavingexpert.com/family/free-cheap-wills/\n\nI ended up using a free Will from Which? (which.co.uk) as I had a subscription with them at the time. Their online Will template was quite snazzy and explained each of the sections.\n\nYou should be able to arrange for the money to go to a charity of your choice, although you will have to appoint an executor to do this for you.\n\nFor your your crypto holdings, I'd suggest a paper copy of your key to be stored as an appendix with your Will.", 'ipr6aj'], ['u/ObedientSandwich', 11, '2020-09-10 08:29', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4mpnes/', '>Personal experience\n\nAre you writing this from the afterlife?', 'ipr6aj'], ['u/Walkertg', 11, '2020-09-10 09:05', 'https://www.reddit.com/r/FIREUK/comments/ipr6aj/do_you_have_a_will_what_happens_to_money/g4mrvls/', 'How do you know my account numbers and kids names??!', 'ipr6aj']]], ['u/Satize', 'Joining the smart side of bitcoin', 17, '2020-09-10 04:31', 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/', "Just purchased my first Trezor & I'm planning on moving the precious coin over to it. Basically I'm just bragging and insisting you do the same if you haven't already. \n NOT YOUR KEYS NOT YOUR COINS!!", 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/', 'ipupp8', [['u/Raverrevolution', 10, '2020-09-10 05:03', 'https://www.reddit.com/r/Bitcoin/comments/ipupp8/joining_the_smart_side_of_bitcoin/g4m8xkd/', "Thank God for people like you. I was starting to lose faith in humanity reading the other thread full of randoms sucking bank's big fat cock.\n\nThen again, more influx of newbs = bullrun on the horizon.", 'ipupp8']]], ['u/Elbeske', 'BTC is going up with the election, no matter the results.', 22, '2020-09-10 05:01', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/', 'Bitcoin is a vote against the established financial market. And no matter what happens in November, the established financial markets are going to get fucked. \n\nThe markets need a catalyst for a crash, and the election is the perfect event for it to occur. Buy and Hodl for November', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/', 'ipv6i2', [['u/Parking_Meater', 10, '2020-09-10 06:24', 'https://www.reddit.com/r/Bitcoin/comments/ipv6i2/btc_is_going_up_with_the_election_no_matter_the/g4mgfuc/', "I dunno I'm really digging the more 3rd world adaptation of bitcoin. Kinda feels like it's the true reprieve from failed governments and poor countries that can get internet but not reliable monetary infrastructure, like what bitcoin was meant for. Satoshi knew it was a long game and that it would naturally play out how it would and theorizing about everyaspect would drive a man insane. The United States will get to that level no matter who wins the election some time now or later. The worst recession ever seen is on the horizon.", 'ipv6i2']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 10, 2020', 31, '2020-09-10 06:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/', 'ipw5cm', [['u/[deleted]', 19, '2020-09-10 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mhnzq/', 'I have severe trust issues when it comes to pumps in bitcoin', 'ipw5cm'], ['u/Just_Me_91', 12, '2020-09-10 07:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mm7ba/', "Well, Binance US has ACH deposits enabled again. I guess that means the dip is over, I wasn't able to buy the last few days when the price was at it's lows. In case it isn't obvious, it could go up or down from here, I'm just a little annoyed I haven't been able to buy for a while.", 'ipw5cm'], ['u/Sct1787', 15, '2020-09-10 07:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4mmz9l/', 'Everyone knows they only pumped because you sold. Thank you for your sacrifice', 'ipw5cm'], ['u/calmunrest', 10, '2020-09-10 12:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4necvf/', 'It is because both are linked to the demand of the USD.', 'ipw5cm'], ['u/cryptobaseline', 11, '2020-09-10 13:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nnw6k/', "I'm really split about this. I'm still long and bought a bit more.\n\nBullish side: We are sold on pretty much all TA indicators, except for the weekly. But the last bubble had the weekly acting on such a pattern. Here is a look: https://share.cryptowat.ch/charts/btd0ipcijsgd56ddbt60-bitfinex-btcusd.png\n\nA reversal should at least double our price here, putting a crazy target like $20k-$25k\n\nBearish side: We dumped from a similar pattern last time, and we dumped hard: https://share.cryptowat.ch/charts/btd0jrf588hojcm75mt0-bitfinex-btcusd.png\n\nIt's too similar that it's just scary to think about for a bull. It's a fucking 50% dump.", 'ipw5cm'], ['u/Al-Kahulique', 11, '2020-09-10 13:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nprb3/', "[Yea, you're a real corner-peeker ](https://www.reddit.com/r/BitcoinMarkets/comments/ficqmi/daily_discussion_saturday_march_14_2020/fkhrj06/?context=3)", 'ipw5cm'], ['u/clarkdoubleyou', 11, '2020-09-10 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4nymx1/', "> unless we have another new global crisis\n\n2021 just textet me 'zombies'!?", 'ipw5cm'], ['u/aaj094', 15, '2020-09-10 14:47', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4o3i33/', "Funding rates close to zero or negative and yet price showing tendency to go up. \n\nhttps://coinalyze.net/futures-data/global-charts/bitcoin/\n\nThat's super bullish in my view.", 'ipw5cm'], ['u/cryptokeeper1981', 12, '2020-09-10 14:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2020/g4o4qt7/', 'Wasn’t Tuesday a bloody day for stock market but slightly positive/sideways for bitcoin?\n\nSeems like we’re applying the correlations selectively.', 'ipw5cm'], ['u/cipher-space', 10, '2020-09-10 15:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/ipw5cm/daily_discussion_thursday_september_10_2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch.This article wasoriginally published by CoinDesk Chinaon Tuesday.\nSushiSwap co-founder 0xMaki (later referred to as Maki) once proudly said, “It took Uniswap two years to get to where it is today. It only took us seven days.”\nSushiSwap’s founding team is extremely small, with only three people: Chef Nomi (later referred to as Chef), sushiswap and 0xMaki. The first two are responsible for code and product development, while the latter is responsible for growth and operations.\nRelated:'I Fked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund\nLast Saturday, SushisSwap co-founder Chef suddenly sold all the tokens that were supposed to be used for a development fund without notifying the community. This move sparked dissatisfaction and doubt in the community, and SUSHI’s price plummeted.\nAs doubts in the community continued to grow, Chef decided to transfer the Admin Keys to FTX CEO Sam Bankman-Fried (later referred to as Sam) and left a message saying, “I am a good person.”\nAfter Sam took over the management key, he and Maki organized the code migration andmulti-signature validator voting.\nSushiSwap has since completed migrating its users’ funds from Uniswap and turned control over to nine well respected users who can approve changes and expenditures as a group.\nRelated:First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows\nEarlier this week, CoinDesk China published anexclusive interviewwith Maki, the only remaining SushiSwap founding team member. The interview, which is slightly edited, covers Maki’s opinions on Chef’s sale of the development funds and Sam’s management authority, as well as SushiSwap’s development plan after Chef’s departure.\nCoinDesk China: Let’s start with a self-introduction. Who are you, and what do you do in SushiSwap?\nMaki: I’m a full-stack engineer, but in SushiSwap I’m responsible for growth and operations. For the time being, I don’t want to disclose too much about my real identity. If it becomes necessary later, I will disclose it, now it is too early.\nCoinDesk China: In your opinion, why did SushiSwap explode online?\nMaki: On the first day we went online, we had the Quantstamp audit report, which contained no major defects. The security audit report is very helpful to the growth of our TVL.\nCoinDesk China: What are your short-term goals?\nMaki: Our short-term goal is to successfully complete the migration, this is very important.[Note: The migration wascompletedon Wednesday].\nLater we will discuss governance with the community, in order to make the project develop smoothly and not fail.\nWe will also optimize the user interface (UI) of SushiSwap, such as launching a Chinese UI, introducing more traders, and adding features that UniSwap does not have.\nMore important, we will start integrating with other DeFi protocols. For example, the integration with renBTC’s native system, which would allow users to directly convertBTCto renBTC on SushiSwap. Another example is that if we integrate with 1inch, they can route more transactions to us because we have better liquidity.\nI am a believer in Ethereum, but I am open-minded about other public chains as well. I also hope to launch SushiSwap on public chains like Polkadot and Solana.\nWe want to create the best, most user-friendly DEX.\nCoinDesk China: When did you first start learning about cryptocurrency and blockchain?\nMaki: As early as 2013, someone introduced me to Bitcoin.\nCoinDesk China: Why did you decide to join SushiSwap?\nMaki: After reading a SushiSwap article on Medium, I felt that “Community Uniswap” is an indispensable part of the DEX ecosystem, so I contacted Chef and expressed my willingness to join.\nWhen I joined, staking, migration and governance contracts were all ready. Chef did not give me GitHub permissions, so I started directly preparing to work on market and operations.\nMy work at SushiSwap is completely voluntary. Now I only holdETHand YFI, I don’t have SUSHI tokens, nor participate in SUSHI liquidity mining. I value the success or failure of SushiSwap more than personal gains and losses.\nI have participated in YAM and YFI mining. Although I have not yet reached financial freedom, I’m not short on money.\nCoinDesk China: What is your personal opinion of Uniswap?\nMaki: I think Uniswap is very good. Its founder Hayden Adams is a person I really admire.\nI think we will coexist with Uniswap. There definitely will be multiple players on this track. In addition to Uniswap and SushiSwap, there will be other DEXs as well.\nCoinDesk China: Do you personally know Chef? Are Chef and sushiswap the same person?\nMaki: I saw SushiSwap’s introduction article on Medium, and after finding it very interesting I joined its Discord group. I was the third person to join, after Chef and sushiswap. I don’t think they are the same person, but they are probably two people who know each other in real life.\nCoinDesk China: Many people on the Internet are saying, Chef is actually FTX CEO Sam, is that true?\nMaki: No, Sam joined later. I don’t believe Chef and Sam are the same person.\nCoinDesk China: Are you disappointed bywhat Chef did?\nMaki: Chef sold all the tokens that were supposed to be used for a development fund, which is very surprising. At the beginning, Chef said that he didn’t come to make fast money, he was thinking about the community … I now think he’s all talk, and I am not sure of his original intention…\nIn the end he cashed out, but he also transferred the administrator authority to Sam, but his behavior caused the price of the SUSHI token to plummet.[Note: Chef Nomilater returned all $14 millionin ETH he cashed out.]\nCoinDesk China: Do you think Chef and sushiswap contributed to the project?\nMaki: They just copied Uniswap and YAM’s code, I don’t think they invested a lot in this project. They were more thinking about how to make fast money, without a long-term vision.\nBut I still thank them for giving me an opportunity to participate in this project, though it is forked out of other projects.\nI think SushiSwap could be made into a great project, so I’m willing to continue to support it. In the Ethereum community, I’ve also met a lot of great people, they have always encouraged me and we will continue to build this project together.\nCoinDesk China: After Sam took over management authority, what was the division of labor between you and Sam?\nMaki: Later I will “guide” the development of the entire project. … It is up to the community to make decisions, I only make suggestions.\nCoinDesk China: What is your opinion of Sam’s management authority?\nMaki: I am satisfied with the result. At the very beginning, Chef said he wanted to give management authority to me, but I wasn’t very confident in my own technical strength. I wasn’t sure that I would be able to make SushiSwap’s migration a success.\nLater, I suggested that Chef consider giving management authority to Andrew Kang or Sam, they both have a better understanding of technology, and are also very interested in this project. Sam also holds a lot of SUSHI, so he is financially motivated to do a good job in operating and managing this project.\nAfter the migration is completed and the multi-signature board of directors is determined, I think he will transition from the role of administrator to an ordinary community member. After that, I will mainly be responsible for leading this project to the next stage. Slowly, I will also fade out and gradually decentralize this project.\n• SushiSwap Co-Founder Sees Future Users in China and on Other Blockchains\n• SushiSwap Co-Founder Sees Future Users in China and on Other Blockchains", "Within a week of going online, DeFi project SushiSwap\x92s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch. This article was originally published by CoinDesk China on Tuesday. SushiSwap co-founder 0xMaki (later referred to as Maki) once proudly said, \x93It took Uniswap two years to get to where it is today. It only took us seven days.\x94 SushiSwap\x92s founding team is extremely small, with only three people: Chef Nomi (later referred to as Chef), sushiswap and 0xMaki. The first two are responsible for code and product development, while the latter is responsible for growth and operations. Related: 'I Fked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund Last Saturday, SushisSwap co-founder Chef suddenly sold all the tokens that were supposed to be used for a development fund without notifying the community. This move sparked dissatisfaction and doubt in the community, and SUSHI\x92s price plummeted. As doubts in the community continued to grow, Chef decided to transfer the Admin Keys to FTX CEO Sam Bankman-Fried (later referred to as Sam) and left a message saying, \x93I am a good person.\x94 After Sam took over the management key, he and Maki organized the code migration and multi-signature validator voting. SushiSwap has since completed migrating its users\x92 funds from Uniswap and turned control over to nine well respected users who can approve changes and expenditures as a group. Related: First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows Earlier this week, CoinDesk China published an exclusive interview with Maki, the only remaining SushiSwap founding team member. The interview, which is slightly edited, covers Maki\x92s opinions on Chef\x92s sale of the development funds and Sam\x92s management authority, as well as SushiSwap\x92s development plan after Chef\x92s departure. Story continues CoinDesk China: Let\x92s start with a self-introduction. Who are you, and what do you do in SushiSwap? Maki: I\x92m a full- Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $190,815,653,112 - Hash Rate: 118993843.45402186 - Transaction Count: 308323.0 - Unique Addresses: 677215.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Googles Pixel 4a will cost $350 and launches at the end of the month . After suffering from very detailed leaks as well as the companys own preamble and teases, there wasnt much left to the imagination or press release, for that matter. Google Pixel 4a (Engadget) Good job, then, that we have our own detailed review from Cherlynn Low ready to go it scored 91, more on that below. On top of that, we explain how the Pixel 4a came out so cheap and when you can expect a 5G version . Mat P.S. Dont forget to check us out at 10 AM ET tomorrow, when Samsungs virtual Unpacked event starts . Were expecting to meet the next Galaxy Note , plus a new Galaxy Fold and several other mobile devices. Pixel 4a review: The best $350 phone Home on the midrange. Google Pixel 4a (Engadget) Google proves, again, it is the ruler of midrange phones with the Pixel 4a. It offers flagship-quality cameras, fast performance and good battery life for just $350. It also offers helpful Pixel-only tools like Live Caption for Calls, Call Screening, Recorder and Personal Safety features, helping it to break from the pack . Though it only comes in one color option and just a single rear camera, the Pixel 4a still manages to be the best phone for the price. Check out Cherlynns full verdict, right here. Continue reading. PS4 game sales almost doubled during the pandemic And the vast majority of sales were digital. Ghost of Tsushima (Sucker Punch) In its financial earnings earlier, Sony reported it sold 91 million PS4 games during the three-month period leading up to June 30th, 2020. That's an 83 percent increase on the 49.8 million sales it reported for the same quarter last year. First-party exclusives sold impressively as well 18.5 million copies total buoyed by Naughty Dog's long-awaited sequel to The Last of Us. Sony also offered some PS5 updates for old peripherals and controllers . You can use your old DualShock 4 controllers with the new console, but only for older games. Your PlayStation camera will also work with the PlayStation 5 but will require a special adapter that the company says will be free of charge. Continue reading. Story continues Sponsored by Yahoo The Yodel: a daily rollup of news, sports, finance, and more going on in your world. A quick read that you'll finish before your first cup of coffee. Yahoo Virgin Galactic reveals its Mach 3 aircraft design Wait, have they even sent anyone to space yet? Virgin Galactic Mach 3 (Virgin Galactic) On Monday, Virgin Galactic unveiled the initial design concepts for its March 3 high-speed plane, a delta-wing aircraft that will carry nine to 19 people and fly at an altitude of 60,000 feet. The company also signed a non-binding memo with Rolls-Royce to collaborate on designing and developing engine propulsion technology for high-speed commercial aircraft. Continue reading. Microsoft redesigned the Xbox store ahead of Series X debut It'll roll out to all users this fall, but some beta testers can try it this week. Xbox store (Microsoft) And on the other side of the console avenue, Microsoft has pretty much redesigned the entire online Xbox store, ready for the Series X to land. The company claims the store is more than twice as quick than in the past and that it loads in under two seconds. You can easily see what games your friends are playing, and it should be a cinch to find out what sales and discounts are available. Microsoft will let some Xbox Insiders (aka beta testers) try the new-look store for themselves starting on Wednesday, with a gradual roll-out planned in the run-up to the Xbox Series X launch this fall. Continue reading. Masterbuilt Gravity Series 560 review A versatile smart charcoal grill. Masterbuilt Gravity Series 560 review (Engadget) This Gravity Series grill offers the familiarity and convenience of charcoal with a WiFi-connected setup that works well as both a smoker and a high-temperature searing machine. Lighting it properly will take some practice, and its missing a few features weve seen in other setups, but at $500 its half the price of a midrange Traeger model. Continue reading. But wait, theres more... Olympus' $699 E-M10 IV has a higher-res sensor and flip-down selfie screen Google invests in ADT to push Nest towards home security What's on TV this week: 'Star Trek: Lower Decks, Horizon Zero Dawn' Alleged Twitter hacker was previously caught stealing a fortune in Bitcoin Garmin reportedly paid millions to resolve its recent ransomware attack Impossible Burger continues its rapid expansion with Publix Google's latest Chrome extension shows detailed ad-tracking data... - Reddit Posts (Sample): [['u/SnooTangerines4358', '60% of BTC owned by .5% of wallets', 31, '2020-09-11 00:20', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/', 'I looked up the number of Bitcoin wallets on [www.bitinfocharts.com](https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html) and, after not accounting for wallets with less than .1 BTC (1000 USD), I realized that less than 16000 (.5%) total wallet addresses control 60% of the current Bitcoin distribution. What kind of impact could this have on Bitcoin’s price and would it mean that it’s easily manipulated? What are your thoughts on such a heavy ownership concentrated by such a small minority?', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/', 'iqdqf3', [['u/Leading_Zeros', 71, '2020-09-11 00:43', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4rjbco/', 'Most of those are exchanges, institutions, custodians holding bitcoin for hundreds, thousands even millions of people. Bitcoin is pseudonymous. Looking at wallet addresses and trying to extrapolate to number of people holding is a complete waste of time.', 'iqdqf3'], ['u/Reach_Beyond', 10, '2020-09-11 00:59', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4rl6nm/', 'Is it possible 30% or something is in Wallet’s owned by exchanges? In that case it may seem like a huge concentration is in a few wallets but that wallet’s bitcoin isn’t owned by an individual. I image a good amount of people leave their bitcoin in exchanges.', 'iqdqf3'], ['u/typtyphus', 10, '2020-09-11 09:30', 'https://www.reddit.com/r/Bitcoin/comments/iqdqf3/60_of_btc_owned_by_5_of_wallets/g4sxsl7/', 'we\'re reminded of "not your keys, not your coins" every time an exchange gets hacked, or see a +200 block reorg.', 'iqdqf3']]], ['u/Teachmethings01', '[WTS] 🔥Rhodium, Palladium, Gold, Silver 🔥', 18, '2020-09-11 01:14', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/', 'Updated date group proof pic in album\n\n[proof/pics](https://photos.app.goo.gl/LHDwTcEEX9iW1VjX7)\n\nSome price improvements!\n\nMany of these pieces need no introduction so let’s get to it!\n\nRhodium\n\nBaird 1/10 in Assay - SOLD!- Buyer went dark 🤷\n\nPalladium\n\nStillwater 1/4 oz made by Johnson Matthey in mint packaging. Cut out of larger sheet. - $640\n\nVintage Gold\n\n1 oz Engelhard Canadian Bull bar - $2150\n\n1 oz 1980 Engelhard Prospector (small ding on rim as shown in photos) - $2150\n\n1904 MS 61 $20 Liberty - $2115\n\nSilver\n\n100oz Asahi poured dark toned! - $2840\n\nShipping $8 priority \n\nAll items insured by me until they deliver!\n\nPpff, zelle, Venmo, BTC', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/', 'iqepfb', [['u/datboy1986', 12, '2020-09-11 02:00', 'https://www.reddit.com/r/Pmsforsale/comments/iqepfb/wts_rhodium_palladium_gold_silver/g4rsdu6/', 'Rhodium is played out. Got any Plutonium?', 'iqepfb']]], ['u/admin_default', 'Why doesn’t Maker pay interest to liquidity providers?', 18, '2020-09-11 02:30', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/', 'Dai prices steadily rising beyond $1 and it seems likely that DeFi is causing the disconnect.\n\nYield farmers are able to stake ETH, wBTC or other tokens in Compound or Yearn and earn interest (at insanely high rates). They can then borrow Dai and earn even higher interest, effectively negative interest rates for borrowing. This makes Maker much less competitive so there’s an imbalance in the supply/demand of Dai.\n\nWhat can be done to keep Maker competitive?', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/', 'iqg00n', [['u/gremlin0x', 15, '2020-09-11 03:19', 'https://www.reddit.com/r/MakerDAO/comments/iqg00n/why_doesnt_maker_pay_interest_to_liquidity/g4s1dcu/', "You're not providing liquidity. No one is borrowing your ETH that you deposit, so you're taking no risk. Maker is not a credit lending platform. It's a CDO tool. That's fundamentally different than Compound or CREAM where the currency you're providing is actually at risk of a bank run.\n\nI do believe you should earn something for your assets being used as collateral, and I'm waiting for Maker to start allowing yUSD, uUSD, yETH, yBTC, or any other LP token so at the very least, you're earning interest on your dollars. It would also be interesting since technically, there's currently a interest rate arb opportunity on Dai and yearn finance since yUSD is earning well over 20% APY with over 3 months of no loss of funds. Eventually, you're going to be able to arb this and overleverage a position with Maker + yUSD, but Maker would have to approve this collateral type.", 'iqg00n']]], ['u/[deleted]', 'ELIF5: How can bitcoin be both a good currency and a good investment?', 14, '2020-09-11 05:05', 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/', "Something I still fundamentally don't understand about bitcoin is its dual identity as a currency and an investment. And, as I understand it, the believers in these roles for bitcoin aren't competing groups; the people who are excited about bitcoin as an investment seem to be the same people who are excited about its potentially as a currency. \n\nIn order to be a good currency, conventional wisdom holds that its value should be relatively stable. But a good investment, by definition, has value that rapidly increases. \n\nFOREX is a thing, obviously, but that's also pretty detached from how the average person views or uses their dollars. It's also generally a bit more complicated than just buying a dollar because you think the dollar is a popular kind of money. \n\nSo, with all of that in mind, how should the average person view bitcoin, and why? Should they buy it as a currency? As an investment? Both? Neither? How do you view it? \n\nEdit: typo in title. the extra 5 is redundant, obviously", 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/', 'iqijev', [['u/Raverrevolution', 13, '2020-09-11 05:24', 'https://www.reddit.com/r/Bitcoin/comments/iqijev/elif5_how_can_bitcoin_be_both_a_good_currency_and/g4sf5d5/', "Well...this is the first instance of this in history. Digital, store of value, and it being money. Bitcoin is making history. It's a new paradigm of how humanity views value. This will change the very definition of money.\n\nWelcome on board.", 'iqijev']]], ['u/AutoModerator', '[Daily Discussion] Friday, September 11, 2020', 40, '2020-09-11 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/', 'iqjg7o', [['u/SloppySynapses', 11, '2020-09-11 08:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4ssw3a/', "Very frequently, but people don't realize that the further out the gap is in the $3k-$13k range, the less likely/longer it takes to get filled. There's a small, unfilled gap at around $3550 from feb 2019 and there was a gap at $11800 for a whole year that was finally filled a month or so ago.\n\nThe simplest explanation for why (nearly) all of the CME gaps have been filled is that BTC has been ranging for years.", 'iqjg7o'], ['u/Schwanzerfaust', 23, '2020-09-11 09:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4swkvs/', 'I recently watched a documentary about filling gaps on xhamster and I have to admit it pretty much fills every time convincingly. I can now see why people believe such stories.', 'iqjg7o'], ['u/xtal_00', 10, '2020-09-11 09:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4syefn/', 'A move is in the mail.', 'iqjg7o'], ['u/Tadejus89', 18, '2020-09-11 15:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4tko3v/', 'This correlation BS needs to be stopped. If we were heavily correlated with stocks then BTC should be down at 9k already.', 'iqjg7o'], ['u/RetardIdiotTrader', 13, '2020-09-11 20:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4uhll1/', 'No, wicks are too long on the daily candles to suggest three white soldiers.', 'iqjg7o'], ['u/_TROLL', 16, '2020-09-11 21:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/iqjg7o/daily_discussion_friday_september_11_2020/g4uwjrh/', 'The psychological barrier of $12,345.67 ... damn you, numerology!', 'iqjg7o'], ['u/Damo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . On this edition of the Breakdown Weekly Recap, NLW looks at: The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors The SUSHI saga This week on The Breakdown: Related: Bitcoin News Roundup for Sept. 14, 2020 Monday \| Sorry, Governments, We’re Entering the Era of Private Money Tuesday \| Why Bitcoin Investors Aren’t Worried About This Price Pullback Wednesday \| ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible Thursday \| How Monetary Policy Undermined American Resilience Related: First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture' Friday \| ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories The Raw, Savage Capitalism of Open-Source Protocols The Raw, Savage Capitalism of Open-Source Protocols", "Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . On this edition of the Breakdown Weekly Recap, NLW looks at: The “holding pattern economy” – why stocks, jobs and central bank policy seem stuck in place Why Joe Biden’s China plan shows that, no matter who wins the presidential election, U.S. economic policy towards China is likely to get more aggressive The surveillance state gets stronger as Amazon appoints a former NSA head to its board of directors The SUSHI saga This week on The Breakdown: Related: Bitcoin News Roundup for Sept. 14, 2020 Monday \| Sorry, Governments, We’re Entering the Era of Private Money Tuesday \| Why Bitcoin Investors Aren’t Worried About This Price Pullback Wednesday \| ‘Absolute Raging Mania’: Famed Investor Druckenmiller Thinks 10% Inflation Is Possible Thursday \| How Monetary Policy Undermined American Resilience Related: First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture' Friday \| ‘As Toppy as It Gets’: Metals, Bitcoin and Fiat’s Race to the Bottom, Feat. Tavi Costa For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories The Raw, Savage Capitalism of Open-Source Protocols The Raw, Savage Capitalism of Open-Source Protocols", 'The big U.S. indexes endedanother volatile weekin the red, led by a 4% retreat in the Nasdaq. Investors have their eyes on moves by theOracle of Omahaand theupcoming iPhone launch. The week also saw a notable CEO turnover and a retailer on the brink possibly saved, even while the e-commerce colossus further expands its footprint.\nAs usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week\'s most bullish and bearish posts that are worth another look.\nBulls\nPeloton Interactive Inc(NASDAQ:PTON) is already delivering solid profits, even at this early stage of growth, according to Chris Katje\'s "7 Peloton Analysts On The Q4 Report: \'A Bona Fide Growth Company\'."\nIn "Uber Analyst Expects California\'s Prop 22 To Pass Based On Latest Polling," Wayne Duggan reveals whyUber Technologies Inc(NYSE:UBER) may dodge the AB5 bullet on Election Day.\nShanthi Rexaline\'s "Why Moody\'s Is Upgrading AMD\'s Credit Rating" shows why theAdvanced Micro Devices, Inc.(NASDAQ:AMD) credit rating is no longer below investment grade, making shares more attractive for risk-averse investors.\n"Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 \'A Much Stronger Company\'" by Priya Nigam discusses whySysco Corporation(NYSE:SYY) can take meaningful market share from small competitors.\nFor additional bullish calls, also have a look at 4 Pros Offer Their Take On The Tech Sell-Off: \'Natural Speed Bump\' and Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin.\nBears\nChris Katje\'s "BofA On 5 Upcoming Apple Catalysts: \'Time To Pay Attention To The Fundamentals\'" says that possible headwinds made one topApple Inc(NASDAQ:AAPL) analyst cautious.\nIn Wayne Duggan\'s "Analyst: S&P Passed On Tesla Because It\'s \'Profoundly Overvalued\'," makes the case that the decision to shunTesla Inc(NASDAQ:TSLA) was brave of the S&P 500 Committee.\n"Exxon Mobil May Need B In Debt To Support Dividend, Says MKM Partners" by Priya Nigam discusses what it may take forExxon Mobil Corporation(NYSE:XOM) to back its generous dividend.\nAnalysts have concerns aboutOracle Corporation(NYSE:ORCL) after its quarterly report. So says "Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration" by Shanthi Rexaline.\nBe sure to check out AstraZeneca COVID-19 Vaccine Trial Halt A \'Wake-Up Call,\' WHO Says and Analysts Aren\'t Impressed With GameStop\'s Quarter Or Future for additional bearish calls.\nAt the time of this writing, the author had no position in the mentioned equities.\nKeep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.\nSee more from Benzinga\n• Barron\'s Picks And Pans: Boeing, Citigroup, Zoom Video And More\n• Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More\n• Benzinga\'s Bulls And Bears Of The Week: Apple, Costco, FedEx And More\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'The big U.S. indexes ended another volatile week in the red, led by a 4% retreat in the Nasdaq. Investors have their eyes on moves by the Oracle of Omaha and the upcoming iPhone launch . The week also saw a notable CEO turnover and a retailer on the brink possibly saved, even while the e-commerce colossus further expands its footprint. As usual, Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week\'s most bullish and bearish posts that are worth another look. Bulls Peloton Interactive Inc (NASDAQ: PTON ) is already delivering solid profits, even at this early stage of growth, according to Chris Katje\'s "7 Peloton Analysts On The Q4 Report: \'A Bona Fide Growth Company\'." In "Uber Analyst Expects California\'s Prop 22 To Pass Based On Latest Polling," Wayne Duggan reveals why Uber Technologies Inc (NYSE: UBER ) may dodge the AB5 bullet on Election Day. Shanthi Rexaline\'s "Why Moody\'s Is Upgrading AMD\'s Credit Rating" shows why the Advanced Micro Devices, Inc. (NASDAQ: AMD ) credit rating is no longer below investment grade, making shares more attractive for risk-averse investors. "Sysco Analyst Says Restaurant Supplier Will Emerge From COVID-19 \'A Much Stronger Company\'" by Priya Nigam discusses why Sysco Corporation (NYSE: SYY ) can take meaningful market share from small competitors. For additional bullish calls, also have a look at 4 Pros Offer Their Take On The Tech Sell-Off: \'Natural Speed Bump\' and Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin. Bears Chris Katje\'s "BofA On 5 Upcoming Apple Catalysts: \'Time To Pay Attention To The Fundamentals\'" says that possible headwinds made one top Apple Inc (NASDAQ: AAPL ) analyst cautious. In Wayne Duggan\'s "Analyst: S&P Passed On Tesla Because It\'s \'Profoundly Overvalued\'," makes the case that the decision to shun Tesla Inc (NASDAQ: TSLA ) was brave of the S&P 500 Committee. Story continues "Exxon Mobil May Need B In Debt To Support Dividend, Says MKM Partners" by Priya Nigam discusses what it may take for Exxon Mobil Corporation (NYSE: XOM ) to back its generous dividend. Analysts have concerns about Oracle Corporation (NYSE: ORCL ) after its quarterly report. So says "Oracle Analysts On The Sidelines After Q1 Beat: BofA Awaits Sustained Revenue Acceleration" by Shanthi Rexaline. Be sure to check out AstraZeneca COVID-19 Vaccine Trial Halt A \'Wake-Up Call,\' WHO Says and Analysts Aren\'t Impressed With GameStop\'s Quarter Or Future for additional bearish calls. At the time of this writing, the author had no position in the mentioned equities. Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter. See more from Benzinga Barron\'s Picks And Pans: Boeing, Citigroup, Zoom Video And More Notable Insider Buys Last Week: Avis Budget, SmileDirectClub And More Benzinga\'s Bulls And Bears Of The Week: Apple, Costco, FedEx And More © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "NEW YORK, NY / ACCESSWIRE / September 12, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.com.ALT 5 Sigma Digital Instrument Mark Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $190,815,653,112 - Hash Rate: 146586618.74770805 - Transaction Count: 300152.0 - Unique Addresses: 604531.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s ongoing low-volatility range play is reminiscent of the price doldrums observed ahead of a sudden 40% price crash in the second half of November 2018. This time, however, the price squeeze may end with a bullish move, on-chain metrics and macro factors suggest. The leading cryptocurrency by market value has spent the better part of the last three months trading the range of $9,000–$10,000. While sellers pushed prices below $9,000 on a few occasions, they failed to establish a foothold. Related:Market Wrap: Do-Nothing Markets Stay Steady as Bitcoin Sticks to $9,200 As a result, the Bollinger bandwidth, a price volatility gauge, has declined to 0.04, the lowest level since Nov. 12, 2018, according to data sourceTradingView. Bollinger bands are placed two standard deviations above and below the 20-day moving average (MA) of price. Meanwhile, the Bollinger bandwidth is calculated by dividing the spread between the volatility bands by the 20-day MA. Volatility, as represented by Bollinger bandwidth, topped out at 0.89 following the March 12 crash, dubbed Black Thursday, and has been on a declining trend ever since. A similar pattern was observed in 2018 (above right), when the bandwidth fell from 0.5 to 0.04 in the two months to Nov. 12. The cryptocurrency had been locked in the narrow range of $6,000–$6,800. Related:What It's Really Like to Live on Bitcoin in the Middle East A prolonged period of low volatility consolidation often ends with a violent move in either direction. That’s what happened in 2018, two days after the bandwidth slipped to 0.04. The cryptocurrency dived below $6,000 on Nov. 14 – two days after the bandwidth hit a low of 0.04 – then went on to hit lows below $3,500 by Nov. 25. The fall marked a 41% drop over two weeks. Back then, though, the broader market structure was bearish. The cryptocurrency had charted lower highs in the first half of the year, having topped out at $20,000 in December 2017. The latest consolidation, on the other hand, was preceded by a bullish structure. The cryptocurrency bottomed out at $3,867 in mid-March and has charted multiple higher lows over the past four months. Also read:CORRELATION: Crypto’s Most Enigmatic Metric In addition, on-chain data shows holding sentiment is quite strong at the moment. For instance, over 62% of BTC haven’t moved in over a year, according toGlassnode, a blockchain analytics firm. Meanwhile, the unprecedented monetary and fiscal stimulus launched by the global authorities to counter the coronavirus-induced economic slowdown is widely expected to boost demand for bitcoin, often touted as digital gold and a hedge against inflation. As such, the ongoing consolidation may end soon with a strong move to the higher side. However, if the global stock markets begin to slide on renewedcoronavirus concernsandChina-U.S. tensions, bitcoin could instead witness a big move to the downside. The cryptocurrency has recently developed arecord positive correlationwith the S&P 500, Wall Street’s benchmark equity index. Disclosure:The author holds no cryptocurrency assets at the time of writing. • Bitcoin Volatility Metrics Are Like November 2018 All Over Again • Bitcoin Volatility Metrics Are Like November 2018 All Over Again... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0. Steering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0. Coming up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Bitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day. It was a bullish day for the rest of the majors, however. Binance Coin surged by 12.08% to lead the way. Bitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support. Cardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however. In the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn. Bitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%. This Morning At the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on. Story continues It was a bearish start for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.28% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0. Barring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617. Failure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility Organic Soybean Prices Continue to Experience Tailwinds S&P 500 Weekly Price Forecast – Stock Markets Take a Dive USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077 The Crypto Daily – Movers and Shakers – September 12th, 2020 Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation', 'Bitcoin, BTC to USD, rose by 0.51% on Saturday. Following on from a 0.49% gain on Friday, Bitcoin ended the day at $10,458.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning high $10,415.0 before sliding to an early afternoon intraday low $10,287.0.\nSteering clear of the first major support level at $10,255, Bitcoin rallied to a late afternoon intraday high $10,492.0.\nComing up against the first major resistance level at $10,496 and resistance at $10,500, Bitcoin eased back to limit the upside on the day.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$10,000. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nBitcoin Cash SV (-0.14%) and Tron’s TRX (-2.39%) saw red to buck the trend on the day.\nIt was a bullish day for the rest of the majors, however.\nBinance Coin surged by 12.08% to lead the way.\nBitcoin Cash ABC (+2.53%), Ethereum (+3.71%), Litecoin (+3.80%), Monero’s XMR (+2.83%), and Ripple’s XRP (+1.90%) also found strong support.\nCardano’s ADA (+0.73%), EOS (+0.60%), Stellar’s Lumen (+0.26%), and Tezos (+0.94%) trailed the pack, however.\nIn the current week, the crypto total market fell to a Tuesday low $297.87bn before rising to a Saturday high $327.48bn. At the time of writing, the total market cap stood at $324.97bn.\nBitcoin’s dominance rose to a Monday high 61.28% before falling to a Saturday low 59.17%. At the time of writing, Bitcoin’s dominance stood at 59.28%.\nAt the time of writing, Bitcoin was down by 0.22% to $10,435.3. A bearish start to the day saw Bitcoin fall from an early morning high $10,461.1 to an early morning low $10,435.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash ABC (+0.39%), Bitcoin Cash SV (+0.94%), and Ripple’s XPR (+0.20%) found support early on.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.28% to lead the way down.\nBitcoin would need to avoid a fall through the $10,412 pivot level to support a run at the first major resistance level at $10,538.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $10,492.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $10,500 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,617.\nFailure to avoid a fall through the $10,412 pivot would bring the first major support level at $10,333 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200. The second major support level at $10,207 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• NZD/USD Forex Technical Analysis – Tight Trading Range Suggests Trader Indecision, Impending Volatility\n• Organic Soybean Prices Continue to Experience Tailwinds\n• S&P 500 Weekly Price Forecast – Stock Markets Take a Dive\n• USD/JPY Forex Technical Analysis – Strengthens Over 106.306, Weakens Under 106.077\n• The Crypto Daily – Movers and Shakers – September 12th, 2020\n• Gold Price Prediction – Prices Slip and Trade Sideways Despite Robust Inflation', 'Every week there’s usually at least one article in CoinDesk, a blurb in a newsletter and several charts in the Twittersphere about bitcoin’s correlation with something or other. This week, we were told that the 60-day correlation between gold and bitcoin (BTC) had reached all-time highs. Last week, our monthly report featured a chart of BTC’s correlation with the DXY dollar index. A few weeks before that, the correlation with the S&P 500 was in the headlines. If you feel dizzy from the rapid turns in attention on which correlation metric matters, you’re not alone. But, you had better get used to it because the fascination with BTC’s correlation status is unlikely to fade any time soon. What this reveals about bitcoin is intriguing. It’s not so much the correlation measures per se – they are fun to watch go up and down, but they’re not the deeper story. The deeper story is why it matters so much to us. Related: Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx Attacked When we point to BTC’s increasing correlation with the S&P 500, gold, avocados or whatever, we are searching for a handle on its prevailing narrative. We hope that correlations will give us a clue. BTC is a difficult asset to pin down. It is a scarce asset like gold, yet with a harder cap. It can be used for pseudonymous transactions, as can cash. It is a speculative holding for many, like equities. It is a bet on a new technology, like a growth stock. It is a hedge against a dollar collapse, a way to spread financial inclusion, an investment in financial evolution, a political statement. It is all of these, or none of these, depending on your intellectual leanings, economic philosophy and mood. The narrative we choose for bitcoin matters, though. Not only does it form our investment thesis around the asset, but it also influences our valuation methods. Do we extrapolate its potential price using the size of the gold market? The payments universe? Transaction fees? Something else entirely? Story continues So, faced with such a slippery narrative, we look to correlations to tell the story. If it’s highly correlated with gold, then the market views it as a safe haven. If it’s more closely correlated to the S&P 500, then it’s a risk-on investment. If bitcoin’s correlation to the dollar index plummets, then it’s a hedge. Related: Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend We look to the market to tell us what bitcoin’s narrative is. But this creates a feedback loop (Follow gold! Follow Nasdaq!) that helps to perpetuate bitcoin’s momentum-fueled volatility, and which is often thrown off course by the evolving nature of markets. Make it a good one BTC’s 60-day correlation with the S&P 500 has been coming down recently. That must mean it’s no longer a risk-on asset. Its increasing correlation with gold corroborates that, putting BTC back in the safe haven story. But wait. You’ll have heard that BTC has not had a good run over the past few days. You’ll probably also have heard that Tesla has had a particularly bad time this week. I wonder if they’re correlated. What do you know, it looks like BTC’s correlation with TSLA is increasing! BTC Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $190,815,653,112 - Hash Rate: 139688424.9242865 - Transaction Count: 255110.0 - Unique Addresses: 540351.0 Social & AI Sentiment: - Fear & Greed Index: 0.38 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin options trading on CME has flatlined after the exchange experienced massive growth and a record-breaking expiry last month. CMEs bitcoin options open interest has grown barely 10% in July to $167 million at last check. Less than 0.2% of Fridays aggregate bitcoin options trading occurred on CME, according to Skew . Open interest on Deribit, which represented 93% of Fridays bitcoin options trading volume, has grown roughly 30% in July to $1.1 billion, down from $1.3 billion before the June expiry. CME bitcoin options market grew 10x within a 30-day period between May and June on the heels of record-breaking growth in its bitcoin futures market. Bitcoin is the only cryptocurrency traded on CME Group, and the exchange currently has no plans to launch additional cryptocurrency markets. Related Stories CME Bitcoin Options Flatline After Record Growth in June CME Bitcoin Options Flatline After Record Growth in June CME Bitcoin Options Flatline After Record Growth in June CME Bitcoin Options Flatline After Record Growth in June... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose by 0.54% in the week ending 13thSeptember. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0.\nIt was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%.\nSteering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse.\nThe reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support.\nContinuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0.\nWhile falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key.\n5 days in the green that included a 1.18% gain on Monday and a 1.12% rise on Wednesday delivered the upside. A 2.39% slide on Tuesday and a 1.21% pullback on Sunday limited the upside for the week, however.\nBitcoin would need to avoid a fall back through $10,279 pivot to support a run the first major resistance level at $10,675.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $10,623.0.\nBarring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $11,019 and resistance at $11,500 before any pullback.\nFailure to avoid a fall back through the $10,279 pivot would bring the first major support level at $9,935 into play.\nBarring another extended sell-off, Bitcoin should steer clear of sub-$9,500 levels. The second major support level at $9,538 should limit any downside.\nAt the time of writing, Bitcoin was down by 0.46% to $10,283.0. A bearish start to the week saw Bitcoin fall from an early Monday morning high $10,331.9 to a low $10,259.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nEthereum rose by 3.89% in the week ending 13thSeptember. Partially reversing an 11.04% slide from the previous week, Ethereum ended the week at $366.58.\nIt was a choppy start to the week. Ethereum fell to a Monday intraweek low $323.17 before finding support.\nSteering well clear of the first major support level at $279, Ethereum recovered to end the day up by 0.27%.\nA bearish day on Tuesday, however, saw Ethereum fall back through to sub-$330 levels and into the deep red.\nIn spite of a 4.59% slide on Tuesday, Ethereum continued to steer clear of the major support levels.\nFinding support mid-week, Ethereum rallied to a Sunday intraweek high $390.41 before sliding back.\nWhile falling well short of the first major resistance level at $458, Ethereum broke through the 38.2% FIB of $367. The pullback, however, saw Ethereum fall back through the 38.2% FIB to wrap up the week at $366 levels.\n5-days in the red that included a 4.04% gain on Wednesday and a 4.83% rally on Thursday delivered the upside. A 4.59% fall on Tuesday and a 5.47% slide on Sunday limited the upside for the week, however.\nEthereum would need to move through the $360 pivot and 38.2% FIB of $367 to support a run at the first major resistance level at $397.\nSupport from the broader market would be needed, however, for Ethereum to break out from last week’s high $390.41.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another breakout, Ethereum could test the second major resistance level at $427 before any pullback.\nFailure to move through the $360 pivot would bring the first major support level at $330 into play.\nBarring an extended broader-market sell-off, however, Ethereum should steer clear of sub-$300 levels. The second major support level sits at $293.\nAt the time of writing, Ethereum was down by 1.94% to $359.47. A bearish start to the week saw Ethereum fall from an early Monday morning high $366.58 to a low $355.66.\nEthereum left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• Platinum on Top as Gold Consolidates; Crude Remains Under Pressure\n• A Quiet Day ahead of Busy Week Leaves the Majors in the Hands of Geopolitics\n• TikTok to Pursue Partnership with Oracle; Microsoft Proposal Rejected\n• Bitcoin and Ethereum – Weekly Technical Analysis – September 14th, 2020\n• Oil Price Fundamental Weekly Forecast – Oversupply Concerns Join the List of Bearish Factors\n• USD/JPY Fundamental Weekly Forecast – BOJ to Offer More Optimistic View on Economy', 'Bitcoin Bitcoin rose by 0.54% in the week ending 13 th September. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0. It was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%. Steering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse. The reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support. Continuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0. While falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key. 5 days in the green that included a 1.18% gain on Monday and a 1.12% rise on Wednesday delivered the upside. A 2.39% slide on Tuesday and a 1.21% pullback on Sunday limited the upside for the week, however. For the week ahead Bitcoin would need to avoid a fall back through $10,279 pivot to support a run the first major resistance level at $10,675. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $10,623.0. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $11,019 and resistance at $11,500 before any pullback. Failure to avoid a fall back through the $10,279 pivot would bring the first major support level at $9,935 into play. Barring another extended sell-off, Bitcoin should steer clear of sub-$9,500 levels. The second major support level at $9,538 should limit any downside. At the time of writing, Bitcoin was down by 0.46% to $10,283.0. A bearish start to the week saw Bitcoin fall from an early Monday morning high $10,331.9 to a low $10,259.0. Bitcoin left the major support and resistance levels untested at the start of the week. Story continues Ethereum Ethereum rose by 3.89% in the week ending 13 th September. Partially reversing an 11.04% slide from the previous week, Ethereum ended the week at $366.58. It was a choppy start to the week. Ethereum fell to a Monday intraweek low $323.17 before finding support. Steering well clear of the first major support level at $279, Ethereum recovered to end the day up by 0.27%. A bearish day on Tuesday, however, saw Ethereum fall back through to sub-$330 levels and into the deep red. In spite of a 4.59% slide on Tuesday, Ethereum continued to steer clear of the major support levels. Finding support mid-week, Ethereum rallied to a Sunday intraweek high $390.41 before sliding back. While falling well short of the first major resistance level at $458, Ethereum broke through the 38.2% FIB of $367. The pullback, however, saw Ethereum fall back through the 38.2% FIB to wrap up the week at $366 levels. 5-days in the red that included a 4.04% gain on Wednesday and a 4.83% rally on Thursday delivered the upside. A 4.59% fall on Tuesday and a 5.47% slide on Sunday limited the upside for the week, however. For the week ahead Ethereum would need to move through the $360 pivot and 38.2% FIB of $367 to support a run at the first major resistance level at $397. Support from the broader market would be needed, however, for Ethereum to break out from last week\x92s high $390.41. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, Ethereum could test the second major resistance level at $427 before any pullback. Failure to move through the $360 pivot would bring the first major support level at $330 into play. Barring an extended broader-market sell-off, however, Ethereum should steer clear of sub-$300 levels. The second major support level sits at $293. At the time of writing, Ethereum was down by 1.94% to $359.47. A bearish start to the week saw Ethereum fall from an early Monday morning high $366.58 to a low $355.66. Ethereum left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: Platinum on Top as Gold Consolidates; Crude Remains Under Pressure A Quiet Day ahead of Busy Week Leaves the Majors in the Hands of Geopolitics TikTok to Pursue Partnership with Oracle; Microsoft Proposal Rejected Bitcoin and Ethereum \x96 Weekly Technical Analysis \x96 September 14th, 2020 Oil Price Fundamental Weekly Forecast \x96 Oversupply Concerns Join the List of Bearish Factors USD/JPY Fundamental Weekly Forecast \x96 BOJ to Offer More Optimistic View on Economy', 'Bitcoin rose by 0.54% in the week ending 13thSeptember. Following a 12.39% tumble from the week prior, Bitcoin ended the week at $10,331.0.\nIt was a choppy start to the week. Bitcoin fell to a Monday low $9,913.8 before closing out the day up by 1.18%.\nSteering well clear of the first major support level at $9,445, Bitcoin rose to a Tuesday high $10,464 before hitting reverse.\nThe reversal saw Bitcoin slide to a Tuesday intraweek low $9,882.4 before finding support.\nContinuing to steer clear of the first major support level at $9,445, Bitcoin rallied to a Sunday intraweek high $10,623.0.\nWhile falling well short of the first major resistance level at $11,587, breaking back through to $10,500 levels was key.\n5 days in the green that included a 1.18% gain on Monda Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $189,970,172,344 - Hash Rate: 151760264.11527425 - Transaction Count: 354020.0 - Unique Addresses: 726085.0 Social & AI Sentiment: - Fear & Greed Index: 0.39 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Preston Byrne, a columnist for CoinDesk’s Opinion section, is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a roundup of pertinent legal topics in the crypto space. It is most definitely not legal advice. Among the libertarians, I am something of an odd duck in that I am not a journalist, yet I have a blue check mark. I am proud of my blue check mark. I’m not sure how I got it. Back in the day, Twitter had a form you could fill in with links to press coverage if you wanted a blue check mark. I did so. One day, months later, a lot of my friends and I in fintech and Crypto Twitter suddenly had blue check marks next to our names. Related: It was great. CoinDesk’s full coverage of the Twitter hack Who was responsible for granting it to me, I do not know. I thank that person, because the day I got that blue check mark ranks right up there with the day I got married or the birth of my firstborn. (Except, I am not married and have no children; it is possible that this state of affairs relates to the inordinate amount of time I spend on Twitter.) If it is related, it was worth it. But apart from that, there are normally few if any downsides. Few, that is, until the Great Blue Checkmark Blackout the other day. For those of you living under a rock, Twitter – or, more probably, an employee of Twitter – had his or her employee login hacked (or deliberately sold) the other day. Following this, a number of well-followed accounts – Elon Musk, Bill Gates, Barack Obama and Joe Biden, to name a few – posted a promise that if Twitter users would send bitcoin to a particular address, the users would get double that amount sent back to them in return. Related:Colorado Is Betting on ETHDenver and Web 3 for Its Next Lottery Games Twitter immediately locked down all of the blue check marks while it responded to the incident. There was much rejoicing. Usually, this scam is carried out by seizing control of the account of a lesser blue check who uses SMS two-factor authentication that points to an actual phone (rather than Google Voice). The lesser blue check gets SIM swapped, following which the attacker changes the user’s profile and display name to that of a famous person (e.g. Elon Musk) and then posts the “send me Bitcoin!” tweet. The famous person’sstans, seeing the “verified” badge and the display name (but not the lesser blue check’s less prominent user handle), promptly comply. See also: Nic Carter –After the Twitter Hack, We Need a User-Owned Internet More Than Ever In this instance, the fact that (a) these verified accounts had millions of followers and (b) the attack appears to have pulled back the curtain on a “God Mode” moderation tool makes this a story. For those of us who have been around for awhile, there’s nothing new about this scam. What makes it notable is who got hacked, not what the hackers sought to achieve. Twitter responded by prohibiting the posting of cryptocurrency addresses. This is most certainlynot“good for Bitcoin.” Twitter is (quite properly) responding to unlawful use of its platform by preventing bad actors from exploiting the platform. But at the same time it is also preventing good actors like Balaji Srinivasan from solicitingbitcoin bountieson the platform. Some responses from the Bitcoin community such asthis from Nic Carter, called for a “user-owned internet” and decried the “sheer centralization” on display in this breach. Others, such as Muneeb Ali, said the breach “accelerated us towards a decentralized web by 5 years.” We should be careful not to overplay our hand. To start, the decentralized-ish protocols available for social media today are either clunky (ActivityPub) or un-scalable (in the case of the chains). Also, although centralization was an issue here, it does not follow that decentralization of the platform itself is the solution, as many blockchain promoters past and present claim. (See, for example,Vitalik Buterinpitching Ethereum as an identity solution to Elon Musk; the grownups in the room will be aware that Ethereum, all-singing and all-dancing in its marketing material, doesn’t do everything its stans say it does.) Decentralized solutions don’t operate as a PKI directory, like Keybase, and don’t have the ability to process meatspace ID, e.g., for driver licenses. Smart contracts can’t tell us much other than that someone, somewhere, was granted permission to write to that script. The smart move here by the crypto community is not to overreach and declare the end of the centralized web. Furthermore, there appears to be a much simpler fix. All Twitter, or indeed any social media company needs to do, is design client-side software that authenticates (a) that a user (b) who was verified by the service and (c) was logged into the service and (d) sent a message on the service (e) signed with a key or a device that the user presented to the service when first obtaining their verification. Such functionality would immediately alert a reader to a possible problem with the authenticity of the message. There might be a “green check mark” for messages that are validly signed, and a “red X” for messages that are unsigned. And the appearance of any message should be placed beyond the ability of any employee or moderator to falsify. Even this wouldn’t prevent an attacker who gained control of the device, or knowledge of the keys, from carrying out the “send Bitcoin!” scam. But it would make it considerably harder to pull off than with weak two-factor auth and apparently unlimited moderator power. See also:The Decentralized Web Has Plans, if Not Solutions, for the Misinformation Nightmare Apps like Keybase and Signal have shown that strong cryptography is increasingly accessible to ordinary internet users. Long gone are the days of PGP which,per Mike Hearn, “was so bad terrorists would rather die than use it.” The smart move here by the crypto community is not to overreach and declare the end of the centralized web. It’s to communicate to platforms that we expect client-side digital signatures and encryption in their offerings, so we can safely use online publishing platforms to send the financial communications of the future in a secure way. The alternative is that platforms will ban cryptocurrency addresses. I know which option I prefer. • Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem • Twitter Doesn’t Need Web 3.0 to Solve Its Identity Problem... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The New York Attorney General\x92s office is losing patience with Bitfinex and Tether. NYAG Senior Enforcement Counsel John Castiglione filed a letter Monday ahead of a conference involving the regulator and the two cryptocurrency firms arguing it is time they complied with a 17-month-old document production order detailing financial information within the next two months. For their part, counsel representing the two firms argue the order is too broad and the scope should be limited first. Related: First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K \x93As of this filing, the 354 Order has been in place for seventeen months. In that time, Respondents have produced \x91jurisdictional\x92 documents (as directed by this Court) but failed to produce the core information called for in the Order. The delays must stop, and Respondents should be directed to comply promptly,\x94 Castiglione said. New York State Supreme Court Justice Joel M. Cohen scheduled the hearing for this Thursday, after receiving a request from the New York Attorney General\x92s (NYAG) office last week complaining that Bitfinex and Tether had yet to turn over any documents. According to Castiglione, the NYAG is requesting all documents be submitted within 60 days and an injunction preventing Tether from loaning funds to Bitfinex be extended a further 90 days. Charles Michael, an attorney with Steptoe and Johnson LLP representing Bitfinex, opposed any extension of the injunction in his own letter. \x93The allegedly concealed facts have been out in the open for 17 months, during which consumers have been free to redeem their tethers without restriction,\x94 he wrote. \x93Instead, they have chosen to buy, with tethers\x92 market cap growing six-fold (to over $14 billion).\x94 Related: NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents In his view, the fact that Tether\x92s market cap has increased this dramatically indicates market confidence in the dollar-pegged cryptocurrency, and negates the justification for the injunction. Story continues \x93Consumers are well protected today, and do not need [the Attorney General\x92s] injunction. The loan transaction supposedly impairing tether \x92s reserves was over 25% of tether\x92s backing at the time of the injunction, but, thanks to Bitfinex\x92s repayments and tether\x92s growth, the balance now is less than 4% of tether\x92s backing,\x94 Michael wrote. He added that tether\x92s assets exceed the amount of USDT issued by $160 million. 17 months It has indeed been a long journey. The case began in April 2019, when the Attorney General\x92s office said Bitfinex had lost access to close to $1 billion in customer funds, and borrowed from Tether\x92s reserves. The stablecoin issuer shares corporate owners and executives with Bitfinex, though in various legal filings counsel for the companies said the loan and a subsequent line of credit were negotiated independently of each other. The NYAG won an injunction preventing Tether from sending any more funds to Bitfinex, and Cohen ordered the firms to share all documentation about the deals, as well as documents about tether issuances, among other concerns. Bitfinex and Tether appealed the ruling, but lost the appeal in July. Earlier this month, the NYAG\x92s office asked to schedule Thursday\x92s conference to request a new production order with a strict timeline. Monday\x92s letter provided more information. The NYAG wants Bitfinex and Tether to produce purchase information for tether, U.S. dollar withdrawal requests, tax documents and account information within one week. Read more: NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents Within a month, the NYAG wants communications about Tether\x92s loans, loans to third parties and a list of U.S. or New York customers who had funds on Crypto Capital, and within 60 days it wants \x93full production\x94 of information related to a November 2018 subpoena, a February 2019 letter and jurisdictional documents. The original production order from 2019 called for the materials to be ready within a month, Castiglione said. \x93Most of the materials called for are core business documents that should exist and be readily accessible: order and trade information, client lists, lists of bank accounts and their balances, tax returns, and other similar material,\x94 the letter said, adding that, \x93the 354 Order is well over a year old and the appeal was decided two months ago.\x94 Michael wrote that some of the requests would require Bitfinex or Tether to \x93generate reports, accountings or answer questions\x94 that do not currently exist. \x91Extensive ties\x92 The NYAG also preemptively stated its opposition to any narrowing of the judge\x92s order, noting that \x93respondents have stated they will move this court\x94 to do so. According to Castiglione, the court\x92s role in the case is limited beyond the orders already signed, and the production demand is well within the NYAG\x92s authority under the Martin Act, the law it\x92s using to conduct its inquiry into Bitfinex. Michael\x92s opposition letter wrote that the court could limit the scope to avoid unduly burdening the respondents, in this case Bitfinex and Tether. The court itself has already said that any \x93unreasonable or not terribly relevant\x94 requests can be opposed. Bitfinex is arguing that a request for all documents about all tether transactions is overbroad. Michael likened it to \x93asking GM for all documents about cars.\x94 The NYAG is also looking for documents outside its jurisdiction, he claimed. In his brief, Michael wrote that the proposed timeline should be denied. Instead, he proposed a 30-day period for the two parties to discuss the scope of the request, saying Bitfinex and Tether would produce documents \x93not subject to dispute\x94 in the meantime. Read more: Tether, Bitfinex File Motion to Dismiss Market Manipulation Lawsuit He seemingly pushed back against the NYAG\x92s claims that insufficient documents have been produced, writing that the crypto firms have produced more than 70,000 documents so far. \x93Bitfinex and Tether also voluntarily produced extensive information to OAG, even while the First Department stay was in effect, including via two multihour presentations and a series of other communications aimed at answering directly the questions OAG indicated it was most interested in having answered,\x94 Michael wrote. He also noted that Bitfinex and Tether announced a ban on all New York customers nearly three years ago. Castiglione, in contrast, wrote that an investigation into Tether and tether is proper, \x93given their [respondents] extensive ties to the state.\x94 In his view, the appeals court\x92s ruling in the NYAG\x92s favor suggested the regulator could find additional information that would reveal further violations of the law. Related Stories New York Attorney General to Bitfinex and Tether: \x91Delays Must Stop\x92 New York Attorney General to Bitfinex and Tether: \x91Delays Must Stop\x92', 'The New York Attorney General’s office is losing patience with Bitfinex and Tether.\nNYAG Senior Enforcement Counsel John Castiglionefiled a letterMonday ahead of a conference involving the regulator and the two cryptocurrency firms arguing it is time they complied with a 17-month-old document production order detailing financial information within the next two months.\nFor their part, counsel representing the two firmsargue the order is too broadand the scope should be limited first.\nRelated:First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K\n“As of this filing, the 354 Order has been in place for seventeen months. In that time, Respondents have produced ‘jurisdictional’ documents (as directed by this Court) but failed to produce the core information called for in the Order. The delays must stop, and Respondents should be directed to comply promptly,” Castiglione said.\nNew York State Supreme Court Justice Joel M. Cohenscheduled the hearingfor this Thursday, after receiving a request from the New York Attorney General’s (NYAG) office last week complaining thatBitfinexandTetherhad yet to turn over any documents.\nAccording to Castiglione, the NYAG is requesting all documents be submitted within 60 days and an injunction preventing Tether from loaning funds to Bitfinex be extended a further 90 days. Charles Michael, an attorney with Steptoe and Johnson LLP representing Bitfinex, opposed any extension of the injunction in his own letter.\n“The allegedly concealed facts have been out in the open for 17 months, during which consumers have been free to redeem their tethers without restriction,” he wrote. “Instead, they have chosen to buy, with tethers’ market cap growing six-fold (to over $14 billion).”\nRelated:NY AG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents\nIn his view, the fact that Tether’s market cap has increased this dramatically indicates market confidence in the dollar-pegged cryptocurrency, and negates the justification for the injunction.\n“Consumers are well protected today, and do not need [the Attorney General’s] injunction. The loan transaction supposedly impairingtether’s reserves was over 25% of tether’s backing at the time of the injunction, but, thanks to Bitfinex’s repayments and tether’s growth, the balance now is less than 4% of tether’s backing,” Michael wrote.\nHe added that tether’s assets exceed the amount of USDT issued by $160 million.\nIt has indeed been a long journey. The case began in April 2019, when the Attorney General’s office said Bitfinex had lost access to close to $1 billion in customer funds, and borrowed from Tether’s reserves. The stablecoin issuer shares corporate owners and executives with Bitfinex, though in various legal filings counsel for the companies said the loan and a subsequent line of credit were Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $189,970,172,344 - Hash Rate: 134514779.55672038 - Transaction Count: 332957.0 - Unique Addresses: 718787.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: New York, Aug. 17, 2020 (GLOBE NEWSWIRE) --Grayscale Investments®, the world’s largest digital currency asset manager, today announced thatGrayscale® Bitcoin Cash TrustandGrayscale® Litecoin Trusthave received DTC-eligibility. Eligible Shares of Grayscale Bitcoin Cash Trust will be available to trade on OTC Markets under the symbol: BCHG and eligible Shares of Grayscale Litecoin Trust will be available to trade on OTC Markets under the symbol: LTCN. This announcement follows FINRA’s verification that the required diligence to begin quoting BCHG and LTCN pursuant to Rule 15c2-11 under the Securities Exchange Act of 1934, as amended, has been completed.The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of each Trust’s underlying assets through an investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.SECONDARY MARKETS for the PRIVATE PLACEMENTSThe Trusts have offered private placements to accredited investors since March 2018. As of July 31, 2020, there were 6,028,000 Shares outstanding of BCHG and each Share represented ownership of 0.00941311 Bitcoin Cash. As of July 31, 2020, there were 2,500,800 Shares outstanding of LTCN and each Share represented ownership of 0.09413112 Litecoin. Shares created through each Trust’s respective private placement become eligible to sell into the public market after a statutory one-year holding period under Rule 144 of the Securities Act.All investors with access to U.S. securities will be able to buy and sell freely-tradable shares of BCHG and LTCN through their investment accounts in the same manner as they would other unregistered securities.INVESTMENT OBJECTIVEThe investment objective of each Trust is for the Shares (based on assets per Share) to reflect the value of the assets held by such Trust, determined by reference to the appropriate TradeBlock index at 4:00 p.m. New York time, less such Trust’s expenses and other liabilities.TradeBlock's BCX Indexis the reference for Grayscale Bitcoin Cash Trust andTradeBlock's LTX Indexis the reference for Grayscale Litecoin Trust. The Trusts will not generate any income and regularly distribute Bitcoin Cash and Litecoin respectively, to pay for its ongoing expenses. Therefore, the amount of Bitcoin Cash and Litecoin represented by each respective Share gradually decreases over time.The Trusts are not registered with the Securities and Exchange Commission and are not subject to disclosure and certain other requirements mandated by U.S. securities laws.GRAYSCALE PRODUCT FAMILYGrayscale's investment products are available to institutional and individual accredited investors through their respective periodic and ongoing private placements. In addition to its Bitcoin Cash (BCH) and Litecoin (LTC) offering, Grayscale’s single-asset investment products provide exposure to Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Horizen (ZEN), Stellar Lumens (XLM), XRP, and Zcash (ZEC). Additionally, Grayscale’s diversified investment product, Grayscale® Digital Large Cap Fund offers coverage of the upper 70% of the digital currency market by market capitalization. As of July 31, 2020, Grayscale managed approximately $5.2 billion in assets.BCHGandLTCNrepresent Grayscale’s fifth and sixth publicly-quoted investment products. Grayscale® Bitcoin Trust (OTCQX: GBTC), Grayscale® Ethereum Trust (OTCQX: ETHE), Grayscale® Ethereum Classic Trust (OTCQX: ETCG), and Grayscale® Digital Large Cap Fund (OTCQX: GDLC) are also publicly-quoted and available to all investors with access to U.S. securities. Investors will be able to find current financial disclosure and Real-Time Level 2 quotes for Shares onwww.otcmarkets.com/stock/BCHG/overviewonce trading for BCHG commences and www.otcmarkets.com/stock/LTCN/overview once trading for LTCN commences.Each Trust offers a private placement to accredited investors. The investment objective of each Trust is for its Shares to reflect the value of assets held by such Trust, less such Trust’s expenses and other liabilities. Because each Trust does not currently operate a redemption program, there can be no assurance that the value of the Shares will approximate the value of the assets held by such Trust, less such Trust’s expenses and other liabilities, and the Shares may trade at a substantial premium over, or a substantial discount to, such value and such Trust may be unable to meet its investment objective.This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.About Grayscale Investments®Grayscale Investments is the world’s largest digital currency asset manager, with more than $5.2B in assets under management as of July 31, 2020. Through its family of 10 investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a traditional security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors. For more information, please visitwww.grayscale.coand follow@Grayscale. CONTACT: Marissa Arnold [email protected]... - Reddit Posts (Sample): [['u/yankee_rose', 'I have some bitcoin on a ledger I would like to sell for fiat. How do I do this?', 15, '2020-09-15 04:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/', "DO I just send to binance sell for fiat and withdraw to my bank account? (I'm in USA)\n\nI know this is probably super basic but for some reason I can't find solid info or I'm just confused.\n\nThanks!", 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/', 'iszt07', [['u/TPK001', 29, '2020-09-15 04:48', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bgg07/', "Easiest way would be to use an exchange where you have already set things up. In your case, sounds like Binance.\n\nYou'll have to deposit the bitcoin at the exchange account (Binance) controlled by you.... \n\na) Log into your Binance account, to get the deposit address for Bitcoin.\n\nb) When you transfer, compare the address you got from Binance to what will be generated on your hardware device. Depending on network congestion and the fees you choose when transferring may take a couple of hours or more for your balance to be available at Binance. \n\nYou must be inundated by Private Messages by now, with offers to help. Ignore everything, including premiums to buy.", 'iszt07'], ['u/parrire', 13, '2020-09-15 05:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bhugk/', 'Yeah. Don’t listen to DMs this is basic enough to understand out in the open.', 'iszt07'], ['u/OgunX', 10, '2020-09-15 05:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/iszt07/i_have_some_bitcoin_on_a_ledger_i_would_like_to/g5bn1ou/', "don't forget about uncle sam!", 'iszt07']]], ['u/[deleted]', "China Blames Twitter Hack After Ambassador 'Liked' Foot Fetish Porn Tweet", 39, '2020-09-15 04:42', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/', 'Check out my profile page: allpleasurenopain 🤗\n\n- China\'s U.K. embassy has suggested its ambassador\'s Twitter account was hacked after it \'liked\' a foot fetish tweet this week. Diplomatic officials have now called for an investigation into the incident, claiming posts that appeared to have been clicked by its ambassador Liu Xiaoming were the work of "anti-China elements" that used "despicable methods to deceive the public." \n\nScreenshots of the offending Twitter posts, which have since been unliked, have spread on the site over the past day after being shared by a human rights campaigner.\n\nAlongside the adult content, a second post that showed up as \'liked\' included an image taken from drone footage allegedly showing blindfolded Uighur Muslims.\n\nAnother, which included the terms "Free Hong Kong" and "Free the Uighurs," accused China of murdering its own citizens "without condemnation by the world."\n\nSome Twitter users who claimed to have scoured Lui\'s likes on the platform suggested the U.K. ambassador\'s account had a long history of \'liking\' unexpected content\n\n As social media chatter about the incident mounted, China\'s U.K. embassy released a statement denying the likes were by Liu, and urged the public not to speculate.\n\n"Recently, some anti-China elements viciously attacked Ambassador Liu Xiaoming\'s Twitter account and employed despicable methods to deceive the public," it said.\n\n"The Chinese Embassy strongly condemns such abominable behavior. The Embassy has reported this to Twitter company and urged the latter to make thorough investigations and handle this matter seriously. The Embassy reserves the right to take further actions and hope that the public will not believe or spread such rumor."\n\nTwitter, which remains banned in China but is used by select government officials, has declined to comment about the possibility the account was hacked. It\'s possible to use the \'like\' feature to bookmark posts, and can also be tapped by mistake.\n\nIn July, the social network was successfully targeted by bitcoin scammers who were able to compromise high-profile accounts including Elon Musk and Bill Gates.\n\nAccording to its bio, Liu\'s account was created in October last year. It currently shows he has liked two posts, from 2019. The profile that originally posted the adult content remains active. Roughly translated, it\'s bio reads: "Beautiful legs in stockings."\n\nDespite overwhelming evidence, information leaks and first-person accounts of trauma, the Chinese government has repeatedly denied detaining vast numbers of people inside high-security facilities against their will in the western region of Xinjiang.\n\nThe U.K. ambassador previously defended his country\'s human rights record during an interview with the BBC back in July, asserting that the Uighur people live in "peaceful and harmonious coexistence with other ethnic groups.\n\nWhen confronted with evidence at the time, including a testimony from a woman who said she had suffered forced sterilization, Liu blamed "anti-China elements."\n\nAfter the embassy statement was released, the diplomat did not directly mention the incident but tweeted a proverb: "A good anvil does not fear the hammer." His post has attracted hundreds of responses—including many pictures and videos of feet.', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/', 'it02bi', [['u/goawayjose22', 40, '2020-09-15 04:48', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bgeam/', '>His post has attracted hundreds of responses—including many pictures and videos of feet.\n\nThis was just 4-D chess to get free feet pics', 'it02bi'], ['u/GamerGuy1191', 23, '2020-09-15 05:53', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bmshm/', 'HA! Someone forgot to switch to their anonymous foot account', 'it02bi'], ['u/solesoul555', 15, '2020-09-15 06:13', 'https://www.reddit.com/r/FootFetishTalks/comments/it02bi/china_blames_twitter_hack_after_ambassador_liked/g5bondm/', '"A good footboy does not fear the trample"', 'it02bi']]], ['u/Enix1993', 'R/sportsbook survey', 167, '2020-09-15 05:53', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/', "Good evening my fellow degenerates.\n\nTwo years ago there was a sportsbook survey that I stumbled upon. You can find the results [Here](https://docs.google.com/forms/d/e/1FAIpQLSeSat-Cf--obpkDr9FZ8kTk32f6Y2wABzryGVmL551-zUo63Q/viewanalytics) . I think these results gave a decent idea of the users here, and I figured it'd be good to get an update on that.\n\nIf you would like to fill out the survey, the link is [Here](https://docs.google.com/forms/d/e/1FAIpQLSe30hx0mSz5YBCwTNquW5fbgfDk4ks0MzhlXKf2HzwyAPJ4yQ/viewform?usp=sf_link)\n\nLast time there were 500 respondents, so if we can get to that number, that'd be sick. This is my first survey I've ever created, so if there's any issues, feel free to let me know.\n\nAlso, please do upvote this for ~~my karma~~ so this stays relevant for r/sportsbook . I will share the results at the end of this week, just in time for Sunday football :)\n\nEDIT:\n\nSo I've made a few edits. In order to see the nice data sets, you can't have it as short answer. Otherwise, it's a wall of text to sift through. I can make it a piechart into google forms, but even then, due to the uniqueness of answers, it's a wide array of colors. I still have all the individual answers shown, but it's about 30 differnet colors in one chart.\n\nInstead, I've made it another multiple choice, with the top answers being the first four choices & then the option of other. So, without further ado, here are your finalists.\n\nFor the sports team / player that gives most grief this gives us : Rockets (by a wide margin lol), Cowboys, Clippers, & 76ers. (Flyers, Arsenal, Titans, Colts, Falcons, Islanders all have 3)\n\nFor the Capper question : We have Bob, Chasingpayments, YBK, Sidekick, Myself, and None.\n\nFor the Sportsbook question: Bovada, Draftkings, Fanduel, Personal bookie, bet365\n\nI still have the array of colors, but hopefully this makes it look a little cleaner. Regardless, you can still see the individual answers if you hover over the graph.\n\nAs of right now, we are currently sitting at 1000 responses! This community has truly grown. Some of my favorite answers are : Meat popsicle for gender, Jarrett Culver not staying home for grief, and Jameis Winston & has bad eye sight.\n\nLastly, I will also give the spreadsheet that I exported it to so we can all view.\n\nThanks again for everyone's participation\n\nOne last edit : As per the 36 responses, here is the link to my bitcoin wallet [Here](https://www.youtube.com/watch?v=oHg5SJYRHA0&ab_channel=cotter548)", 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/', 'it16by', [['u/Enix1993', 16, '2020-09-15 07:06', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/g5bt7dd/', "Already @ 15 responses in an hour. Let's keep it up, and thanks guys! (Yes, all males so far =) )\n\nEdit : Apologies for the lack of proofreading, was watching the Broncos game lol. Thanks for submitting that as a response, anonymous! I've corrected my mistakes.", 'it16by'], ['u/titosvodkasblows', 23, '2020-09-15 07:17', 'https://www.reddit.com/r/sportsbook/comments/it16by/rsportsbook_survey/g5bu45i/', "A few answers in the original survey kinda amused me.\n\nThe unit sizes being so low. I am less shocked when I look at age, though. I am sure there is a very direct relationship between age and bet size, for obvious reasons.\n\nTennis was like the 9th most popular sport to bet on yet but was the 6th most frustrating to people. Keep going to the well, huh?\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: ['The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is giving the indexes a tailwind. Global equities markets rallied on Tuesday, first on data that showed China’s industrial output and retail sales picked up, and later on an increase in U.S. factory production. At 01:34 GMT, Japan’s Nikkei 225 Index is trading 23425.55, down 29.34 or -0.13%. Hong Kong’s Hang Seng Index is at 24732.76, unchanged and South Korea’s KOSPI Index is trading 2439.21, down 4.37 or -0.18%. In China, the Shanghai Index is trading 3294.96, down 0.72 or -0.02% and in Australia, the S&P/ASX 200 Index is at 5939.60, up 44.80 or +0.76%. Nikkei Struggles after Japan Exports Tumble Japan’s exports slumped 14.8% in August from a year earlier, down for the 21 st straight month, Ministry of Finance data showed on Wednesday, underlining the coronavirus pandemic’s heavy hit to global demand. That compared with a 16.1% decline expected by economists in a Reuters poll and followed a 19.2% fall in July. Imports dropped 20.8% in the year to August, compared with the median estimate of an 18.0% decline. The trade balance came to a surplus of 248.3 billion Japanese Yen ($2.36 billion), against the median estimate of a 37.5 billion Japanese Yen deficit. Australia Shares Rise on Miners, Tech Boost Australian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher, with investors hoping that the U.S. Federal Reserve will stick to its supportive policy stance. The tech index added as much as 2.5% to be the top percentage gainer after its U.S. counterpart ended more than 1% higher overnight, while export-reliant miners were the biggest boost to the benchmark index. Miners began their jump this week after upbeat Chinese data on Tuesday, with global giants BHP Group and Rio Tinto gaining 1.6% and 2%, respectively. Apple Supplier Shares Mixed Apple supplier stocks in the region were mixed in the Wednesday morning trade. Apple Inc retraced earlier gains after its product event, which included the roll-out of a new virtual fitness service and a bundle of its subscriptions into Apple One. The stock, which often dips after a run-up prior to the event, closed up 0.2%. This was well off its intra-day high. In Japan, shares of Apple supplier Murata Manufacturin g rose 0.26% while Sharp gained 0.3%. South Korea’s LG Display, on the other hand, slipped 0.62%. Story continues For a look at all of today’s economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: DraftKings Breaks Out To New High Bitcoin Breakout While Ethereum Consolidates Gold Price Forecast – Gold Markets Run Into Resistance Crude Oil Price Update – Best Case Scenario for Bulls Targets $40.72 Gold Price Prediction – Prices Edge Higher on Higher Import Prices European Equities: U.S Retail Sales, the FED, and Geopolitics in Focus View comments', 'The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the economy at the end of its policy meeting, although upbeat Chinese and U.S. economic data is giving the indexes a tailwind.\nGlobal equities markets rallied on Tuesday, first on data that showed China’s industrial output and retail sales picked up, and later on an increase in U.S. factory production.\nAt 01:34 GMT,Japan’s Nikkei 225 Indexis trading 23425.55, down 29.34 or -0.13%. Hong Kong’s Hang Seng Index is at 24732.76, unchanged and South Korea’s KOSPI Index is trading 2439.21, down 4.37 or -0.18%.\nIn China, the Shanghai Index is trading 3294.96, down 0.72 or -0.02% and in Australia, the S&P/ASX 200 Index is at 5939.60, up 44.80 or +0.76%.\nJapan’s exportsslumped 14.8% in August from a year earlier, down for the 21ststraight month, Ministry of Finance data showed on Wednesday, underlining the coronavirus pandemic’s heavy hit to global demand. That compared with a 16.1% decline expected by economists in a Reuters poll and followed a 19.2% fall in July.\nImports dropped 20.8% in the year to August, compared with the median estimate of an 18.0% decline.\nThe trade balance came to a surplus of 248.3 billion Japanese Yen ($2.36 billion), against the median estimate of a 37.5 billion Japanese Yen deficit.\nAustralian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher, with investors hoping that the U.S. Federal Reserve will stick to its supportive policy stance.\nThe tech index added as much as 2.5% to be the top percentage gainer after its U.S. counterpart ended more than 1% higher overnight, while export-reliant miners were the biggest boost to the benchmark index.\nMiners began their jump this week after upbeat Chinese data on Tuesday, with global giants BHP Group and Rio Tinto gaining 1.6% and 2%, respectively.\nApplesupplier stocks in the region were mixed in the Wednesday morning trade. Apple Inc retraced earlier gains after its product event, which included the roll-out of a new virtual fitness service and a bundle of its subscriptions into Apple One. The stock, which often dips after a run-up prior to the event, closed up 0.2%. This was well off its intra-day high.\nIn Japan, shares of Apple supplierMurata Manufacturing rose 0.26% whileSharpgained 0.3%. South Korea’s LG Display, on the other hand, slipped 0.62%.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• DraftKings Breaks Out To New High\n• Bitcoin Breakout While Ethereum Consolidates\n• Gold Price Forecast – Gold Markets Run Into Resistance\n• Crude Oil Price Update – Best Case Scenario for Bulls Targets $40.72\n• Gold Price Prediction – Prices Edge Higher on Higher Import Prices\n• European Equities: U.S Retail Sales, the FED, and Geopolitics in Focus', 'Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries. Of the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold. North and South American mining company GoldMining Inc. (OTCQX: GLDLF ) experienced the greatest increase from July to August, as dollar volume rose 344%. Grayscale Digital Large Cap Fund LLC (OTCQX: GDLC ) followed with a 312% monthly increase, while Trulieve Cannabis Corporation (OTCQX: TCNNF ) and Green Thumb Industries Inc. (OTCQX: GTBIF ) increased 163% and 112% respectively. The pattern is hardly a surprise. In an industry buoyed by the fact that many dispensaries were allowed to remain open during quarantine, Trulieve and Green Thumb have been among the best-performing cannabis companies this year. Both companies have seen their shares rise over 300% from the bottom in mid-March. And with the major indexes rising to new all-time highs in the midst of a global pandemic, some investors have sought alternatives to U.S. equities\x97such as gold and cryptocurrencies. Along with GLDC, the Grayscale Bitcoin Trust (OTCQX: GBTC ) and Grayscale Ethereum Classic Trust (OTCQX: ETCG ) also saw dollar volume rise 31% and 45% respectively during the month. In all, two of the top three most actively traded securities on OTCQX in July were crypto-related securities from Grayscale, and five of the top 10 are involved in cannabis. The list of the top 10 most active securities for the OTCQX Market is below. Cannabis companies are denoted with an asterisk. Company Name Symbol Country August Dollar Volume Grayscale Bitcoin Trust (BTC) GBTC USA $1,862,222,369 Roche Holding Ltd RHHBY Switzerland $786,638,197 Grayscale Ethereum Trust (ETH) ETHE USA $326,284,216 Trulieve Cannabis Corporation* TCNNF USA $249,800,502 Green Thumb Industries Inc.* GTBIF USA $176,435,346 Curaleaf Holdings Inc.* CURLF USA $150,124,518 Planet 13 Holdings Inc.* PLNHF USA $132,887,119 Danone DANOY France $130,110,712 Cresco Labs Inc.* CRLBF USA $104,266,908 adidas AG ADDYY Germany $93,108,125 OTCQB On the OTCQB Venture Market, DSG Global Inc (OTCQB: DSGT ), GreenPower Motor Company Inc . (OTCQB: GPVRF ),\xa0and Galaxy Next Generation, Inc. (OTCQB: GAXY ) experienced the greatest month-over-month dollar volume increases. Story continues The list of the top 10 most active securities for the OTCQB Market is below. Company Name Symbol Country August Dollar Volume CytoDyn Inc. CYDY USA $476,197,034 Galaxy Next Generation, Inc. GAXY USA $213,694,808 Fannie Mae FNMA USA $135,240,459 GreenPower Motor Company Inc. GPVRF Canada $97,849,334 Freddie Mac FMCC USA $65,519,497 Humanigen, Inc. HGEN USA $60,266,131 TOMI Environmental Solutions, Inc. TOMZ USA $52,399,841 TPT Global Tech, Inc. TPTW USA $45,060,406 Vystar Corp. VYST USA $44,068,244 NaturalShrimp Incorporated SHMP USA $43,775,621 See more from Benzinga 2 Conferences Are Going Virtual This Month \x96 One On Cannabis And Another Life Sciences Trading Volume Continues To Increase For A Pair Of Leveraged Oil & Energy ETNs The Pandemic Is Contributing To Financial Scams, And Generation Z Is Especially Vulnerable © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments', 'Dollar volume on the OTCQX Market rose roughly 8.6% in August from July, with much of that increase coming from heightened trading activity in a select number of industries.\nOf the top 30 most actively traded securities on the OTCQX Market last month, the names with the greatest month-over-month increases in volume all fit into three buckets: cannabis, crypto, and gold.\nNorth and South American mining companyGoldMining Inc.(OTCQX:GLDLF) experienced the greatest increase from July Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,701,247,500 - Hash Rate: 133652505.32879265 - Transaction Count: 342609.0 - Unique Addresses: 747111.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Decentralized finance (DeFi) has been clogging the Ethereum network, but not in the way most analysts would have guessed. An architectural quirk in the most-used software version of Ethereum, Geth, has led to an uptick in the practice of spamming the network to secure trade profits over the last six months, according to Certus One co-founder Hendrik Hofstadt. Transaction spamming is one of many reasons the average Ethereum user fee has increased some 800% since May, according to Coin Metrics . Ponzi schemes like MMM or DeFi’s general growth in 2020 are also to blame. Related: Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate Read more: Weed Out the Soviet-Era Ponzi Scheme Eating Ethereum Hofstadt told CoinDesk that algorithmic trading firms have created bot swarms to watch the Ethereum transaction queue (called the mempool). These bots wait for large trades on DeFi platforms such as Uniswap. After they go through, the bots quickly place orders to take advantage of price movements in what is called “backrunning.” Too many firms knew about this practice, though. So some firms switched up their tactics over the spring months by sending a wall of executions to crowd out others and secure a backrun order. Higher rewards for miners, higher profits for traders Rough modeling shows some $5.99 million in gas fees have been used to execute this trading strategy since April 2018, according to developer Philippe Castonguay. That’s about a week’s worth of typical Ethereum fees for useless transactions. Related: Two Reasons Crypto's Bull Market Is Coming Moreover, the majority of these trades occurred since March 12’s “Black Thursday,” when DeFi platforms saw record volumes . Read more: Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi For trading firms, this translates into more fees overall but arbitrage profits into the hundreds of thousands, according to addresses provided by Hofstadt. Story continues For the network, spamming crowds out other transactions. It also increases the average fee for everyone. On July 29, the Geth team approved swapping the execution model to a first come, first served basis. Yet, it remains to be seen if mining firms will update to the new Geth version. Hofstadt said miners could keep doing business as usual if they value the extra pocket change from DeFi traders more than helping out the network in general. Indeed, total network fees per day on Ethereum has increased 1,077% since May 5 from $162,200 to $1,909,000 on a seven-day rolling basis, according to Coin Metrics . Related Stories DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say DeFi Traders Are Gaming Ethereum for Higher Profits, Researchers Say... - Reddit Posts (Sample): [['u/Join_The_Resistance', 'A question for people holding 2 or more Bitcoins...', 20, '2020-09-16 00:29', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/', "Assuming PlanB is correct and Bitcoin overshoots the 100k price target in the upcoming bull run to say 200-250k, what is your opinion on the best strategy?:\n\n1). Hold all your bitcoin and don't sell until 1 million.\n\n2.) Sell a fraction of your portfolio and cash out, dollar cost averaging from 100-250k, and then take a large fraction of that cash and reinvest when the price corrects by 80% back to 50-75k. You then end up with more Bitcoin from the profits for the next cycle.", 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/', 'itj7j5', [['u/Mark_Bear', 75, '2020-09-16 00:41', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5eurbq/', "You own Bitcoin, which is doing well while the fiat currency is collapsing. \n\nSo you decide to exchange your wonderful Bitcoin for shit-money? That doesn't make sense. \n\nInstead, I offer this alternative... Bitcoin goes to $200K+, buy a nice home and pay for it with Bitcoin, buy a nicer car and pay for it with Bitcoin. Buy a new toaster, pay with Bitcoin via Lightning Network (for example). Help people who deserve it - by giving them Bitcoin.", 'itj7j5'], ['u/paperraincoat', 22, '2020-09-16 01:03', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5ex6sk/', "Don't trade, just buy some Bitcoin, ignore the 'this is totally a Bitcoin killer' altcoin du jour, send them over to your hardware wallet, and forget about them. [90%+ of day traders lose money](https://www.quora.com/Do-90-of-day-traders-lose-money-because-I-have-been-trading-for-only-a-short-period-of-time-and-my-principal-has-increased-by-30-so-is-this-simply-beginners-luck), and the more trades you make, the quicker you lose your principal. \n\n\nBuy and hodl. Bitcoin has averaged over 100% profit per year over eight years while the stock market averages 8% over a hundred years. If 100% isn't enough profit, you need to ease up on the stimulants.", 'itj7j5'], ['u/sreaka', 16, '2020-09-16 02:09', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5f48em/', 'That would be a better question for OP. "Sell for Fiat or wait until you can buy anything with Bitcoin?"', 'itj7j5'], ['u/Mark_Bear', 10, '2020-09-16 02:26', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5f65d2/', 'Debt is for fools. Bitcoin IS money.', 'itj7j5'], ['u/qualitycannabisnw', 13, '2020-09-16 04:53', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5fm85c/', 'That’s literally what is going to happen in the next 10 years. The largest wealth transfer in history.', 'itj7j5'], ['u/BeakMeat', 41, '2020-09-16 05:05', 'https://www.reddit.com/r/Bitcoin/comments/itj7j5/a_question_for_people_holding_2_or_more_bitcoins/g5fng0n/', "If I could retire tomorrow by selling part of my bitcoin...\n\nPay off my house...\n\nTell my boss to suck it...\n\nSleep in every day...\n\nDrink fancy beer for breakfast if I wanted to...\n\nNo fucking way I'd hold it all for some future possibility. The quality of life upgrade right now is worth not being Yacht King in 20 years.\n\nBut that's just me.", 'itj7j5']]], ['u/Aids843', 'Coinbase alternative UK? Needs to sell XMR/Monero', 14, '2020-09-16 02:17', 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/', "So I've been using bitcoin for ages and want to start using monero/XMR instead. The thing is, coinbase does not use monero/XMR. \n\n&#x200B;\n\nI like coinbase because its less hassle than localbitcoins where prices are different and most people make you send photos with you holding your ID in your hand. Its such a chore just to get coin, with coinbase all I do is open the app, pay with card, send to address all in less than 2 minutes. \n\n&#x200B;\n\nIs there any alternative to coinbase which is hassle free and lets you buy XMR? has to be usable within the UK!", 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/', 'itkxpf', [['u/[deleted]', 13, '2020-09-16 05:27', 'https://www.reddit.com/r/Monero/comments/itkxpf/coinbase_alternative_uk_needs_to_sell_xmrmonero/g5fpt0x/', 'Kraken is better for BTC and XMR. Do you realise how much money you waste on fees for saving a few clicks?\n\nOtherwise just send btc to morphtoken to exchange for xmr', 'itkxpf']]], ['u/guwangxiaozhu', '[H] M4A4 \| Howl FT 0.21 [W] 720 keys or $1800 BTC/ETH', 59, '2020-09-16 05:53', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/', " \n\nb/o 720k\n\n[Image](https://g.fp.ps.netease.com/market/file/5f4e0eee8b7427967acc909cw4qi7UHG02)\n\nSend your offer first and we'll discuss about it.\n\nTradeable after 09/09 7:00 AM\n\n[TradeURL](https://steamcommunity.com/tradeoffer/new/?partner=430829353&token=kQgDYKje)", 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/', 'itoakn', [['u/Sprite91', 18, '2020-09-16 09:15', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/g5g863d/', "Why did Howl's price incease so much last months? \nLast I checked my Howl was 3k euro in June, now it's like 5k euro... wtf", 'itoakn'], ['u/Navyguy330', 18, '2020-09-16 12:38', 'https://www.reddit.com/r/GlobalOffensiveTrade/comments/itoakn/h_m4a4_howl_ft_021_w_720_keys_or_1800_btceth/g5giys3/', '.16 sell for around 1650 -1700 USD FYI. on non white listed sites. \n\nand even some white listed ones.', 'itoakn']]], ['u/AutoModerator', '[Daily Discussion] Wednesday, September 16, 2020', 39, '2020-09-16 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/', 'itogl6', [['u/ShotBot', 17, '2020-09-16 08:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5g5ue3/', 'Defi getting fucked in the ass while bitcoin slowly trending up', 'itogl6'], ['u/jogeer', 18, '2020-09-16 09:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gah1y/', 'That’s surprising, I thought SUSHI, SASHIMI, PIZZA, BURGER & SAKE were solid projects.', 'itogl6'], ['u/_TROLL', 10, '2020-09-16 09:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gak4u/', 'Likely at least some people near the top of some of these DeFi ponzi pyramids are trading back into BTC.', 'itogl6'], ['u/Golfergopher', 19, '2020-09-16 10:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gb806/', 'Somehow funding is negative lmao. This has a great chance of breaking 11k.', 'itogl6'], ['u/ThatOtherGuy254', 29, '2020-09-16 10:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gb9j9/', 'And yet the biggest stock is called Apple. Lol', 'itogl6'], ['u/aqvarius_il_grande', 15, '2020-09-16 11:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5ggiki/', 'Things make sense again.', 'itogl6'], ['u/Danny_Lunchbox', 20, '2020-09-16 15:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5gwyhf/', 'KISS = Knights In Service of Satoshi', 'itogl6'], ['u/skythe4', 31, '2020-09-16 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h3ci6/', '>@Krakenfx\n just won approval to create America’s first crypto bank.\n\n>World, please meet Kraken Financial. Kraken Financial, world.\n\n>Wait, a what? Kraken is a BANK?! How did this even happen?! \n\n>Allow me to threadeth. 👇\n\nhttps://twitter.com/msantoriESQ/status/1306236234675740672', 'itogl6'], ['u/aSchizophrenicCat', 11, '2020-09-16 16:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h40sv/', 'What does your wife’s boyfriend think about all this though?', 'itogl6'], ['u/ARRRBEEE', 25, '2020-09-16 16:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/itogl6/daily_discussion_wednesday_september_16_2020/g5h5kum/', 'Bakkt is a total meme, but somehow, they did $172MM in physically-settled BTC fut... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['More than 30,000 immigration documents regarding thousands of migrants detained in three South Florida detention centers during the COVID-19 pandemic will be classified as confidential, a Miami judge ruled Wednesday. During a court hearing held by phone, U.S. Magistrate Judge Jonathan Goodman granted U.S. Immigration and Customs Enforcement\x92s request to keep about 30,000 documents \x97 or nearly 100,000 pages\x92 worth of emails, letters and documents that ICE had marked as confidential \x97 unavailable to the public, at least for now. \x93If we had the luxury of time and we had many months ... I would say that it seems like [ICE] made too broad of a use of the confidential designation and I would go back and ask [ICE] to review all those designations and then come up with a revised production, eliminating those confidential designations which [they] incorrectly used. But we don\x92t have that luxury of time,\x94 Goodman said. \x93But under the present scenario, I\x92m not going to require it,\x94 he said. \x93But things change. ... This is subject to be revisited.\x94 He noted that depositions in the ongoing class-action lawsuit \x97 which seeks the release of thousands of immigration detainees who are held, or have been held, at the Krome Processing Center in West Miami-Dade, the Broward Transitional Center in Pompano Beach and the Glades County Detention Center in Moore Haven since the beginning of the coronavirus pandemic \x97 will begin next week. Though the documents marked confidential by ICE won\x92t be visible in the public docket, attorneys representing the detainees will have access to them, but will be prohibited from discussing them with anyone outside their legal teams. The six national immigration law firms representing the detainees \x97 the University of Miami\x92s immigration law clinic, the Southern Poverty Law Center, the Rapid Defense Network in New York, Americans for Immigrant Justice, the Legal Aid Service of Broward County, and Washington, D.C.-based law firm King & Spalding \x97 told the judge that the decision to keep the documents confidential \x93complicates\x94 their ability to use them as the case moves toward the upcoming trial, which is scheduled for January 2021. Story continues During Wednesday\x92s hearing \x97 which was interrupted by the sounds of untraceable and random disco music \x97 ICE also requested permission to redact about 7,000 of the 30,000 documents, specifically emails, group chats and internal memos that would reveal decision-making conversations about internal protocols and people held in detention. Goodman denied that request, but ruled that the agency could redact content that would disclose law enforcement techniques that could compromise public safety. He emphasized that ICE would have to let him know by Thursday exactly what officials plan on redacting and to avoid \x93nitpicking irrelevant minutiae.\x94 Details on the contents of documents were not discussed. In July, U.S. District Court Judge Marcia Cooke appointed an independent fact-finder to investigate possible \x93inhumane conditions, deliberate indifference and cruel and unusual punishment\x94 at Krome, BTC and Glades. The designation of a \x93special master\x94 was in response to a motion filed by immigration lawyers accusing ICE of violating the courts\x92 April 2020 order. The accusations included: co-mingling COVID-positive detainees with individuals who have not been confirmed as having the disease, failing to provide cleaning supplies and masks to detainees and not educating detainees about the pandemic. The detainees and their attorneys also accuse the agency of not promoting or enforcing social distancing within the detention centers. As of Wednesday, ICE data shows that 182 have tested positive for COVID-19 at Krome, 132 tested positive at Broward and 164 at Glades. Correction: A previous version of this story misspelled U.S. District Judge Marcia Cooke\x92s first name.', 'More than 30,000 immigration documents regarding thousands of migrants detained in three South Florida detention centers during the COVID-19 pandemic will be classified as confidential, a Miami judge ruled Wednesday. During a court hearing held by phone, U.S. Magistrate Judge Jonathan Goodman granted U.S. Immigration and Customs Enforcement\x92s request to keep about 30,000 documents \x97 or nearly 100,000 pages\x92 worth of emails, letters and documents that ICE had marked as confidential \x97 unavailable to the public, at least for now. \x93If we had the luxury of time and we had many months ... I would say that it seems like [ICE] made too broad of a use of the confidential designation and I would go back and ask [ICE] to review all those designations and then come up with a revised production, eliminating those confidential designations which [they] incorrectly used. But we don\x92t have that luxury of time,\x94 Goodman said. \x93But under the present scenario, I\x92m not going to require it,\x94 he said. \x93But things change. ... This is subject to be revisited.\x94 He noted that depositions in the ongoing class-action lawsuit \x97 which seeks the release of thousands of immigration detainees who are held, or have been held, at the Krome Processing Center in West Miami-Dade, the Broward Transitional Center in Pompano Beach and the Glades County Detention Center in Moore Haven since the beginning of the coronavirus pandemic \x97 will begin next week. Though the documents marked confidential by ICE won\x92t be visible in the public docket, attorneys representing the detainees will have access to them, but will be prohibited from discussing them with anyone outside their legal teams. The six national immigration law firms representing the detainees \x97 the University of Miami\x92s immigration law clinic, the Southern Poverty Law Center, the Rapid Defense Network in New York, Americans for Immigrant Justice, the Legal Aid Service of Broward County, and Washington, D.C.-based law firm King & Spalding \x97 told the judge that the decision to keep the documents confidential \x93complicates\x94 their ability to use them as the case moves toward the upcoming trial, which is scheduled for January 2021. Story continues During Wednesday\x92s hearing \x97 which was interrupted by the sounds of untraceable and random disco music \x97 ICE also requested permission to redact about 7,000 of the 30,000 documents, specifically emails, group chats and internal memos that would reveal decision-making conversations about internal protocols and people held in detention. Goodman denied that request, but ruled that the agency could redact content that would disclose law enforcement techniques that could compromise public safety. He emphasized that ICE would have to let him know by Thursday exactly what officials plan on redacting and to avoid \x93nitpicking irrelevant minutiae.\x94 Details on the contents of documents were not discussed. In July, U.S. District Court Judge Marcia Cooke appointed an independent fact-finder to investigate possible \x93inhumane conditions, deliberate indifference and cruel and unusual punishment\x94 at Krome, BTC and Glades. The designation of a \x93special master\x94 was in response to a motion filed by immigration lawyers accusing ICE of violating the courts\x92 April 2020 order. The accusations included: co-mingling COVID-positive detainees with individuals who have not been confirmed as having the disease, failing to provide cleaning supplies and masks to detainees and not educating detainees about the pandemic. The detainees and their attorneys also accuse the agency of not promoting or enforcing social distancing within the detention centers. As of Wednesday, ICE data shows that 182 have tested positive for COVID-19 at Krome, 132 tested positive at Broward and 164 at Glades. Correction: A previous version of this story misspelled U.S. District Judge Marcia Cooke\x92s first name.', 'Bitcoin, BTC to USD, rose by 1.60% on Wednesday. Following on from a 1.00% gain on Tuesday, Bitcoin ended the day at $10,971.3.\nIt was a bearish start to the day. Bitcoin fell to an early morning intraday low $10,682.0 before making a move.\nSteering clear of the first major support level at $10,647, Bitcoin rallied to a late afternoon intraday high $11,105.0.\nBitcoin broke through the first major resistance level at $10,946 and the second major resistance level at $11,094.\nA late pullback, however, saw Bitcoin fall back through the second major resistance level to wrap up the day at sub-$11,000 levels.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Wednesday.\nBinance Coin (+2.73%), EOS (+0.30%), Ethereum (+0.32%), Ripple’s XRP (+1.66%), and Stellar’s Lumen (+2.71%) joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors, however.\nTron’s TRX and Monero’s XMR led the way down, with losses of 3.19% and 5.15% respectively.\nBitcoin Cash ABC (-0.55%), Bitcoin Cash SV (-2.93%), Cardano’s ADA (-1.63%), Litecoin (-1.20%), and Tezos (-1.21%) also struggled.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Tuesday high $337.85bn. At the time of writing, the total market cap stood at $335.17bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.87%.\nAt the time of writing, Bitcoin was up by 0.74% to $11,052.7. A bullish start to the day saw Bitcoin rise from an early morning low $10,947.1 to a high $11,069.2.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was also a bullish start to the day for the crypto majors.\nAt the time of writing, Ethereum and Ripple’s XRP were up by 3.77% and by 3.59% to lead the wa Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,701,247,500 - Hash Rate: 153484812.57112962 - Transaction Count: 348581.0 - Unique Addresses: 740029.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The OCC will allow banks to custody crypto, Visa has a digital currency playbook and a digital dollar is essential to America’s economic edge, said experts at a U.S. Senate hearing. You’re reading Blockchain Bites , the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here . Top shelf Digital Dollar Hegemony The U.S. Senate Banking, Housing and Urban Affairs Subcommittee on Economic Policy conducted a hearing on “Winning the Economic Competition” between China and the U.S. on Wednesday where crypto was cited as a possible tool to maintain U.S. economic supremacy. “This could be interpreted as crypto’s increasing acceptance as a mainstream idea,” CoinDesk’s Nikhilesh De says. Former CFTC Chair Christopher Giancarlo once again called for the U.S. conduct pilot programs using a tokenized dollar. “We have to assume that as the nature of finance changes, the nature of currencies change, we have to stay at the leading edge,” Walter Russell Mead, the James Clarke Chace Professor of Foreign Affairs and Humanities at Bard College and a member of the Hudson Institute, said. Related: First Mover: Crypto's $35T Moment Could Come From Analog-World Stock Listings ‘The Future of Money’ Visa outlined a digital currency playbook Wednesday, showing its commitment to digital currency’s place in “the future of money.” Already a crypto bridge for tens of millions of merchants, Visa cast its digital currency partnerships as critical to preserving what it said was six decades of innovation. “Extending this legacy into the decades ahead requires continuous innovation and collaboration with” the public and private sector, it said. Near the Net? Brooklyn Nets guard Spencer Dinwiddie’s plan to tokenize part of his $34 million NBA contract fell short of its $13.5 million target. Dinwiddie’s issuer SD26 LLC sold just nine of the 90 available tokenized contract shares, priced at $150,000, to eight total investors as of Wednesday, according to CoinDesk’s review of Form D regulatory filings and the security’s token’s issuance history on Etherscan. Project insiders have previously said the sale would last only until the end of July. It now appears to be closed out for good. Dinwiddie first proposed tokenizing his three-year contract in September 2019, which was initially met with fierce opposition from the NBA. Story continues Ant’s Assets Ant Group claims its clients are uploading an average of 100 million digital assets to its distributed ledger every day, making it the largest operating blockchain in China. The Alibaba-affiliate company made the claim in a release Thursday that announced Ant Blockchain was rebranding to AntChain. An Ant spokesperson later told CoinDesk these were mostly transaction records, as well as copyright and property ownership certificates. Ant Group said this week it was planning an IPO on the Shanghai and Hong Kong stock exchanges at a rumored $200 billion valuation. Compromised Accounts The attackers who compromised Twitter in a massive breach last week may have accessed direct messages from up to 36 accounts, including CoinDesk’s, according to an announcement late Wednesday. Twitter said it has completed its review of the 130 accounts targeted by the hack, which garnered $120,000 through a crypto giveaway scam. The attackers were not able to see previous passwords, but were able to access email addresses, phone numbers and possible “additional information,” the update said. CoinDesk has yet to regain access to its primary account. Quick bites Apple’s co-founder Steve Wozniak sued YouTube over Bitcoin giveaway scams using his likeness BitGo is staking Tezzies Winklesvoss-owned Gemini will custody .crypto domains names Veritaseum accuses T-Mobile of gross negligence over $8.6 million SIM-swap hack The U.S. House passed two blockchain amendments in an annual defense budget bill The big idea Related: Don't Expect Banks to Jump on the OCC Crypto Custody News A change is in the air. In a letter yesterday, the Office of the Comptroller of the Currency (OCC) announced all nationally chartered banks in the U.S. will be able to provide custody services for cryptocurrencies. This marks a major turning point for the crypto industry, long reliant on specialist custodians, typically licensed through states, to offer services to large investors. But it also signals a changing attitude in the nature of money. “The OCC recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers,” the letter said. Brian Brooks, a former Coinbase exec who joined the OCC as Acting Comptroller earlier this year, is just one of a number of crypto-friendly regulators in high positions. U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton is likely to become the next U.S. Attorney for the Southern District of New York, while ‘Crypto Mom’ Hester Peirce has been tapped for a second term as an SEC commissioner. It’s not out of the question for more crypto-forward legislation or administrative actions to follow this year. Still, the growing governmental acceptance of crypto comes with costs. Banks custodying digital assets will have to conform to local laws and follow “sound risk management practices,” the OCC letter states, placing these assets under watchful eyes. Whether this is antithetical to crypto’s original ethos, or may stifle breakneck development is an open question. But it’s worth asking what “being your own bank” means. Market intel ‘Risk On’ Bitcoin jumped above $9,500 on Wednesday, ending a four-week-long low-volatility squeeze. CoinDesk’s Omkar Godbole said market sentiment is poised for a further rise to the psychologically important $10,000 price level. In particular, a “risk-on” mood in traditional markets – seen by five-month highs in global stocks and near-term lows for the U.S. dollar, a safe haven in times of crisis – supports the case for a bullish crypto market. Bitcoin has recently developed a strong correlation with traditional assets. Tech pod Testing, Testing Ethereum 2.0 developers released the specifications for the “official” testnet on Wednesday, ahead of a presumed end-of-year launch. The testnet will begin August 4 and has been named “Medalla” after a Buenos Aires metro stop. In this case, “official” means the testnet is deployed by the Ethereum Foundation (EF), which will run by a decentralized group of programmers, developers and code auditors organized by fork coordinator Afri Schoedon. This is also a signpost the network’s code base is nearing launch readiness. Medalla joins multiple prior tests of Eth 2.0’s code bank on various client implementations, including Görli, Witti, Schlesi and most recently Altona. Crypto on the Backend Orchid VPN announced the launch of a Mac desktop app for private web browsing, which will allow users to purchase bandwidth using an Apple ID. The Ethereum-based service “marks one of the first times consumers can exchange USD for a service that runs entirely on crypto in the background,” Orchid CEO Steven “Seven” Waterhouse told CoinDesk via a spokesperson. Apple has traditionally taken an anti-crypto stance, including banning mining applications. “At minimum, Orchid’s arrangement with the Cupertino tech giant represents a slick workaround,” CoinDesk’s Zack Seward reports. What Went Wrong Blocknative, a company that studies blockchain mempools, issued a report that may explain the “zero-bid” attack on MakerDAO on March 12, also known as Black Thursday. The company found that an unusually high proportion of the mempool was clogged by transactions with very low gas prices, “hammering” the system with transactions never meant to go through. This opened the doors for hackers to submit “zero bids” in MakerDAO’s collateral auctions with stronger gas prices, essentially netting them collateralized ETH for $0. The attackers walked away with $8.3 million. Opinion Embrace the Unknowable Intelligence Jesus Rodriguez, CEO of IntoTheBlock, thinks crypto should embrace OpenAI’s new GPT-3 language generator model, not fear it. Noting that GPT-3, which is able to respond to human prompts, does not pose consequences for crypto, it could be employed in developing new quantitative trading and on-chain analysis strategies, as well as find a home in decentralized systems. “[T]he techniques behind GPT-3 represent the biggest advancement in deep learning in the last few years and, consequently, can become incredibly relevant to the analysis of crypto-assets,” he said. Who won #CryptoTwitter Related Stories Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized Airball Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized Airball... - Reddit Posts (Sample): [['u/brnrmbo', 'Old Missoula sub is locked.', 31, '2020-09-17 00:12', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/', 'Hello fellow Missoulians, as reported on [r/subredditdrama](https://www.reddit.com/r/SubredditDrama/comments/itzmhh/mod_of_rmissoula_locks_comments_sub_wide_because/), the old Missoula subreddit is locked. A few years ago I was banned from the old sub. I cannot recall the exact reason why however it was in regards to a post about the Bonner Bitcoin farm. I messaged the mods, webdoodle said he would remove the ban but later I found that I was shadow banned. Given the heavy handed moderation of the old Missoula subreddit r/MissoulaMontana was created.\n\nWelcome to the new subreddit for Missoula. Share your old Missoula subreddit woes below. ', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/', 'iu62ar', [['u/Thejunky1', 21, '2020-09-17 00:21', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5irl01/', 'ol doodle boi went off the deepend covid denier conspiracy style. How he mods a microbiology sub as well is beyond me.', 'iu62ar'], ['u/MScottPCo', 19, '2020-09-17 00:38', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5ito7g/', 'webdoodle has always been a power hungry nut job, but he finally went off the deep-end. I think my post about how to complain about bad mods finally sent him over the edge. I have no idea what the jackass is talking about when he says he’s being dox’d though. Dude is nuts.', 'iu62ar'], ['u/brnrmbo', 12, '2020-09-17 00:46', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5iui0q/', 'Looking at the list of subs they moderate it looks like he is a professional mod, but for free. That would make me go crazy too, I can barely moderate this sub.', 'iu62ar'], ['u/LightGallons', 10, '2020-09-17 19:10', 'https://www.reddit.com/r/MissoulaMontana/comments/iu62ar/old_missoula_sub_is_locked/g5lsz2s/', "I initially started this sub after a spat with Webdoodle having had several accounts banned for opinions he didn't like.", 'iu62ar']]], ['u/nixxon', 'BHS Closed indefinitely', 34, '2020-09-17 02:33', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/', "Copy/pasta below:\n---\n\nSeptember 16, 2020 \n\n\n\nGood evening BSD families and staff,\n\n\nI am writing tonight to let you know I have decided that the entire BHS/BTC campus will remain closed to students, faculty, and staff for at least the duration of this semester. This decision is directly related to the presence of PCBs in the air discovered during our ReEnvisioning project and has nothing to do with COVID. During this time, classes will continue online for BHS students and we will work to identify new spaces for in-person learning for Burlington Technical Center. \n\n \n\nThis morning Board Chair Wool, Director of Property Services Marty Spaulding, our ReEnvisioning consultants, and I met with representatives from EPA, Vermont Department of Health (DOH), Vermont Department of Natural Resources, and the Agency of Education to discuss the results of air quality sampling that are now available on our website. \n\n \n\nWhile we had initially been encouraged that the air testing was below the EPA guidelines of 500 nanograms per meter, the DOH levels of standards are 15 nanograms per meter and they made a strong recommendation that we not return to BHS or BTC without further diagnosing and mitigating the issue of PCB's in the air. The EPA was in agreement with this recommendation and noted that their standards often serve as more of a starting point after which they recommend further testing and conversation. After listening to the recommendations, conversation, and concerns, I made the difficult decision to keep our building closed to in-person learning and, beginning immediately, any personnel non-essential to the testing, mitigation, or maintenance processes. \n\n \n\nThe exception to this is the kitchen and cafeteria. These rooms have all come in under the Department of Health's allowable levels and both the DOH and the EPA have said we should feel okay continuing to use these spaces for our District food preparation but should keep an eye on the spaces and include them in future testing. This is good news for us as a District, as the kitchen at BHS is used to prepare food for many students and community members, not just our BHS population. \n\n\nI know this news must come as a shock to many of you, and I know that many students are likely very disappointed to once again be missing out on so many in-person connections. I want to assure you that we will work as fast and as hard as we can to get students back into our buildings as soon as we can. At the same time, our conversations this morning underscored that even the least-costly mitigation options will be expensive and time-consuming. \n\n\nAt BHS, our best-case scenario is that this process will take at least four months. For BTC, we expect the process to last significantly longer, which is why we are working to identify alternative spaces for these hands-on programs. As I balance the safety of staff and students with the desire to return to in-person learning, I also want to assure our community that I will be keeping a close eye on our financial obligations and our needs to complete the BHS/BTC ReEnvisioning project and be good stewards of taxpayer dollars. \n\n\nFor our staff and teachers, I know that many of you have concerns. Our Human Resources team is actively working with our insurance and benefits providers to explore what these results mean and how we can help and support you. Please expect more information from HR in the next few weeks. \n\n\nFinally, I want to thank you all - parents, students, staff, and our community for your patience and understanding through this process. I know this a lot of information and it is not what you were hoping or expecting to hear this week. I have previously shared a factsheet regarding PCBs and am including it again here. Our partners at the State are prepared to continue to answer questions about PCB exposure and District staff are prepared to continue to answer questions about the ReEnvisioning project, as well as online learning and curriculum. \n\n\nPlease stay in touch and stay engaged as we go through this process together. \n\n\nSincerely, \n\nTom \n\n--\nOffice of the Superintendent \| Burlington School District\n150 Colchester Avenue \| Burlington, VT 05401 \n(office) 802.864.8474 \| (fax) 802.864.8501 \| www.bsdvt.org\n\nFollow us on Facebook, Twitter, and Instagram @btvschools", 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/', 'iu8kqu', [['u/cesare980', 29, '2020-09-17 02:37', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j6gc3/', 'So can we like build a new high school now?', 'iu8kqu'], ['u/friedmpa', 15, '2020-09-17 02:47', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j7k8h/', 'so what happens when a ton of people have debilitating health effects for the next 50 years...', 'iu8kqu'], ['u/orangekrush19', 24, '2020-09-17 03:07', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5j9m7r/', 'Burlington can’t catch a break in 2020...good lord. Feel bad for all of the students', 'iu8kqu'], ['u/psybient', 66, '2020-09-17 03:34', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5jcrfo/', "You can't just take Pit Money and spend it on something frivolous like schools smh", 'iu8kqu'], ['u/cesare980', 22, '2020-09-17 03:35', 'https://www.reddit.com/r/burlington/comments/iu8kqu/bhs_closed_indefinitely/g5jcw6h/', 'I know that, I’m not a commie.', 'iu8kqu']]], ['u/AutoModerator', '[Daily Discussion] Thursday, September 17, 2020', 41, '2020-09-17 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/', 'iubzzn', [['u/freq-ee', 11, '2020-09-17 06:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/iubzzn/daily_discussion_thursday_september_17_2020/g5jx1ng/', "Investors never really care about what they are investing in. If they did, they would be bad investors.\n\nMost people buy stocks because they suspect the price will go up. They could care less what the reason is. If I buy a stock and then another company offers to buy the company, and makes the stock price shoot up, I'm fine with that. I could care less what the reason is. Obviously I try to predict the reasons, but I could care less what actually makes the stock price move the way that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['The number of monthly users who earned T-Points , or loyalty points, for bitcoin ( BTC) payments on the bitFlyer exchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year. According to a bitFlyer report featured in a CoinDesk Japan article Thursday, the exchange did not specify the number of users of the service. But BTC was trading at 1.3 million Japanese yen ($12,400) in August for the first time in a year Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation. Kanemitsu also expects institutional investors to enter the Japanese bitcoin market. A bitFlyer survey conducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018. The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC. Users can also earn one T-point for every 500 yen (~$4.80) spent in BTC at participating member stores. Read more: Most New Customers at Japanese Exchange BitFlyer Are in Their 20s Related Stories On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year.\n• According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year\n• Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation.\n• Kanemitsu also expects institutional investors to enter the Japanese bitcoin market.\n• A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018.\n• The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC.\n• Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores.\nRead more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year.\n• According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year\n• Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation.\n• Kanemitsu also expects institutional investors to enter the Japanese bitcoin market.\n• A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018.\n• The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC.\n• Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores.\nRead more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record\n• On bitFlyer Japan, Bitcoin Rewards Program Hits New Record', 'Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse.\nFalling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9.\nSteering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red.\nThe near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Thursday.\nBinance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively.\nIt was a bullish day for the rest of the majors, however.\nEthereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way.\nCardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support.\nBitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%.\nAt the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin ABC was up by 0.26% to buck the trend early on.\nIt was a bearish start to the day for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 1.17% to lead the way down.\nBitcoin would need to move back through the $10,931 pivot level to support a run at the first major resistance level at $11,097.\nSupport from the broader market would be needed, however, for Bitcoin to breakout from Thursday’s high $11,069.2.\nBarring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,235 before any pullback.\nFailure to move back through the $10,931 pivot would bring the first major support level at $10,794 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level sits at $10,628.\nThisarticlewas originally posted on FX Empire\n• Economic Data and Geopolitics Put the Loonie and the Pound in the Spotlight\n• Nike Flying High Ahead Of Earnings\n• US Stock Market Overview – Stock Drop Led Down by Real Estate; Materials Buck the Trend\n• Delta Air Lines to Raise $9 billion Against SkyMiles Loyalty Program\n• Crude Oil Price Forecast – Crude Oil Markets Continue Recovering\n• US Stocks: Add IPOs to the List of Reasons for Current Volatility', 'Bitcoin, BTC to USD, slipped by 0.11% on Thursday. Following a 1.60% gain on Wednesday, Bitcoin ended the day at $10,959.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,069.2 before hitting reverse. Falling short of the first major resistance level at $11,157, Bitcoin slid to an early afternoon intraday low $10,765.9. Steering clear of the first major support level at $10,734, Bitcoin recovered to a high $10,985.3 before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Thursday. Binance Coin and Bitcoin Cash ABC bucked the trend, falling by 2.69% and by 0.77% respectively. It was a bullish day for the rest of the majors, however. Ethereum (+6.63%), Monero’s XMR (+4.98%), and Tron’s TRX (+6.96%) led the way. Cardano’s ADA (+2.78%), Litecoin (+2.41%), and Ripple’s XRP (+2.07%) also found strong support. Bitcoin Cash SV (+1.19%), EOS (+0.96%), Stellar’s Lumen (+0.49%), and Tezos (+0.13%) trailed the front runners, however. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $339.95bn. At the time of writing, the total market cap stood at $332.77bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.54%. This Morning At the time of writing, Bitcoin was down by 0.40% to $10,915.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,971.0 before falling to a low $10,912.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin ABC was up by 0.26% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 1.17% Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $203,664,785,625 - Hash Rate: 142275247.6080696 - Transaction Count: 325157.0 - Unique Addresses: 687638.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Square said Tuesday that it made $875 million in bitcoin revenue via its Cash App service during the second quarter of 2020. The release which came a day early stemming from what Square called an "early external access of the company's quarterly financials" also notes that Cash App generated $17 million in bitcoin gross profit for the same period. Square's filing indicates total expenses related to its bitcoin offering as $858 million. "Cash App generated $875 million of bitcoin revenue and $17 million of bitcoin gross profit during the second quarter of 2020, up 600% and 711% year over year, respectively. Bitcoin revenue and gross profit benefited from an increase in bitcoin actives and growth in customer demand," Square said in its Q2 results report . By comparison, Square made $306 million in bitcoin revenue for Q1 and nearly $7 million in bitcoin gross profit for that period, as The Block previously reported . The chart below shows Square's bitcoin gross profits as a proportion of the company's overall gross profits. [caption id="attachment_74008" align="aligncenter" width="1891"] Source: Square Company Filings, The Block Research [/caption] In the new release, Square added some color about the Q2 results, noting the impact government programs tied to the coronavirus pandemic. Compared to June, we saw month-over-month increases in volume per transacting active Cash App customer across peer-to-peer payments, Cash Card, and bitcoin investing. We recognize this increase may be partially driven by government stimulus and unemployment benefits, which may not sustain at the same levels during the remainder of the third quarter," the report said. © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["NEW YORK, NY / ACCESSWIRE / September 18, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nCONTACT:Andre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 18, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD).\nReal-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH\nAbout ALT 5 Sigma Inc.ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance.\nALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.\nALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services.\nFor more information, visitwww.alt5sigma.com.\nCONTACT:Andre BeauchesneTel. [email protected]\nFor more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com\nSOURCE:ALT 5 Sigma Inc.\nView source version on accesswire.com:https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", "NEW YORK, NY / ACCESSWIRE / September 18, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . CONTACT: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/606841/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH", 'Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2. It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move. Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0. Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0. Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day. Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Thursday high $340.01bn. At the time of writing, the total market cap stood at $333.33bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.80%. This Morning At the time of writing, Bitcoin was up by 0.24% to $10,984.0. A bullish start to the day saw Bitcoin rise from an early morning low $10,957.0 to a high $10,995.8. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV (+0.85%), Cardano’s ADA (+0.25%), Monero’s XMR (+0.23%), and Tron’s TRX (+0.25%) joined Bitcoin in the green. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tezos was down by 1.44% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,949 pivot level to support a run at the first major resistance level at $11,073. Support from the broader market would be needed, however, for Bitcoin to breakout from Friday’s high $11,064.0. Barring an extended crypto rally, the first major resistance level and current week high $11,105 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,188 before any pullback. Failure to avoid a fall through the $10,949 pivot would bring the first major support level at $10,834 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $10,710 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets Biden Widens the Gap as Swing State Fence Sitters Take a Stand USD/CAD Daily Forecast – Flat Ahead Of The Weekend Natural Gas Weekly Price Forecast – Natural Gas Markets Break Down European Equities: A Week in Review – 18/09/20 Crude Oil Weekly Price Forecast – Crude Oil Markets Recover for the Week', 'Bitcoin, BTC to USD, slipped by 0.02% on Friday. Following on from a 0.11% decline on Thursday, Bitcoin ended the day at $10,957.2. It was a mixed start to the day. Bitcoin fell to an early low $10,903.4 before making a move. Steering clear of the first major support level at $10,794, Bitcoin struck a late morning intraday high $11,064.0. Falling short of the first major resistance level at $11,097, Bitcoin slid to a late afternoon intraday low $10,825.0. Steering clear of the first major support level at $10,794, Bitcoin revisited $10,970 levels before falling back into the red. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Friday. Binance Coin (+1.99%), Bitcoin Cash ABC (+0.49%), and Tron’s TRX (+3.35%) bucked the trend on the day. It was a bearish day for the rest of the majors, however. Bitcoin Cash SV (-1.94), Cardano’s ADA (-3.29%), EOS (-1.86%), Ethereum (-1.25%), Stellar’s Lumen (-2.65%), and Tezos (-3.42%) struggled on the day. Litecoin (-0.68%), Monero’s XMR (-0.55%), and Ripple’s XRP (-0.49%) saw relatively modest losses, however. In the current Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $203,664,785,625 - Hash Rate: 128478859.9612265 - Transaction Count: 296357.0 - Unique Addresses: 624125.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers. Announced Wednesday, Toronto-based Coinberry has acquired a financial institution bond, a requirement for registration with its provincial securities regulator, the Ontario Securities Commission. The move is a concrete example of a generaltightening of regulationin Canada, particularly in the wake of theQuadriga debacle. Related:A New Attempt to Tokenize Real Estate Projects in Mexico and Canada “Every Canadian crypto user remembers Quadriga and the impact of that is still fresh in the back of their minds,” said Coinberry CEO Andrei Poliakov. “People still have to trust exchanges and platforms to use crypto and the investment on Coinberry’s part protects against the corrupt human element that has struck the personal finances of many Canadians.” Read more:Gerald Cotten: Mystery Man In the U.S., surety bonds of this type, which provide insurance in case of dishonest or fraudulent acts by employees, have been a requirement for crypto firms to be registered with FinCENfor some time. However, to qualify as a money service business in Canada with its version of FinCEN, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) – with which Coinberry is already registered – does not require a financial institution bond. Related:Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds In this respect, Poliakov believes “wholeheartedly” that Coinberry is the first crypto firm to go the extra mile. “We applied for registration with the OSC and we’ve been going through that process for quite some time,” said Poliakov. “One of the requirements was to have our financial statements publicly audited, by MNP in this case, and another requirement was to have a financial institution bond in place.” Read more:Canadian Municipality Set to Accept Bitcoin for Property Tax Payments Coinberry’s surety bond is underwritten by the Lloyd’s of London insurance market and the coverage limit is CAD$1,000,000 ($764,000) per claim/incident, said Poliakov. Neither Lloyd’s nor the OSC returned requests for comment by press time. There may well be other crypto firms in the process of going through the registration process with the OSC, Poliakov said, adding that a general clampdown when it comes to crypto compliance has seen Ontario regulators blocking firms that don’t play ball. Last week,BitMEX was blockedfrom serving Ontario-based customers. “I cannot speak to whether the others in Canada are in the process of getting this,” Poliakov said in a follow-up email. “I do know some platforms are not applying at all, while others (like BitMEX) have already received instructions from the OSC to cease operation in Ontario because they are not going the registration route.” • Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten • Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098. It was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move. Steering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0. Bitcoin broke through the first major resistance level at $11,073 before easing back. Coming up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was another mixed day on Saturday. Binance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day. It was a bullish day for the rest of the majors, however. Bitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green. In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%. This Morning At the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0 Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was another mixed start to the day Bitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on. It was a bearish start to the day for the rest of the majors, however. At the time of writing, Tron’s TRX was down by 0.92% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215. Support from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0. Barring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback. Failure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus The Crypto Daily – Movers and Shakers – September 20th, 2020 Silver Weekly Price Forecast – Silver Markets Form Neutral Candlestick Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Weak Side of Resistance Area', 'Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098.\nIt was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move.\nSteering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0.\nBitcoin broke through the first major resistance level at $11,073 before easing back.\nComing up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels.\nFinding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels.\nThe near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was another mixed day on Saturday.\nBinance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day.\nIt was a bullish day for the rest of the majors, however.\nBitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green.\nIn the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn.\nBitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%.\nAt the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was another mixed start to the day\nBitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on.\nIt was a bearish start to the day for the rest of the majors, however.\nAt the time of writing, Tron’s TRX was down by 0.92% to lead the way down.\nBitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215.\nSupport from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0.\nBarring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback.\nFailure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus\n• The Crypto Daily – Movers and Shakers – September 20th, 2020\n• Silver Weekly Price Forecast – Silver Markets Form Neutral Candlestick\n• Gold Price Prediction – Prices Edge Higher and Close up More than 2.5% for the Week\n• The Weekly Wrap – Central Banks, COVID-19, and Geopolitics Tested the Markets\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Trading on Weak Side of Resistance Area', 'Nils Petter Nilsson/Ombrello/Getty Images for The Sime Awards In the trailer for First Kid , the forgettable 1996 comedy about a Secret Service agent assigned to protect the president’s son, the title character, played by a teenage Brock Pierce, describes himself as “definitely the most powerful kid in the universe.” Now, the former child star is running to be the most powerful man in the world, as an Independent candidate for President of the United States. Before First Kid , the Minnesota-born actor secured roles in a series of PG-rated comedies, playing a young Emilio Estevez in The Mighty Ducks , before graduating to smaller parts in movies like Problem Child 3: Junior in Love . When his screen time shrunk, Pierce retired from acting for a real executive role: co-founding the video production start-up Digital Entertainment Network (DEN) alongside businessman Marc Collins-Rector. At age 17, Pierce served as its vice president, taking in a base salary of $250,000. DEN became “the poster child for dot-com excesses,” raising more than $60 million in seed investments and plotting a $75 million IPO. But it turned into a shorthand for something else when, in October of 1999, the three co-founders suddenly resigned. That month, a New Jersey man filed a lawsuit alleging Collins-Rector had molested him for three years beginning when he was 13 years old. The following summer, three teens filed a sexual-abuse lawsuit against Pierce, Collins-Rector, and their third co-founder, Chad Shackley. The plaintiffs later dropped their case against Pierce (he made a payment of $21,600 to one of their lawyers) and Shackley. But after a federal grand jury indicted Collins-Rector on criminal charges in 2000, the DEN founders left the country. When Interpol arrested them in 2002, they said they had confiscated “guns, machetes, and child pornography” from the trio’s beach villa in Spain. While abroad, Pierce had pivoted to a new venture: Internet Gaming Entertainment, which sold virtual accessories in multiplayer online role-playing games to those desperate to pay, as one Wired reporter put it, “as much as $1,800 for an eight-piece suit of Skyshatter chain mail” rather than earn it in the games themselves. In 2005, a 25-year-old Pierce hired then-Goldman Sachs banker Steve Bannon—just before he would co-found Breitbart News. Two years later, after a World of Warcraft player sued the company for “ diminishing ” the fun of the game, Steve Bannon replaced Pierce as CEO. Story continues The ‘Varsity Blues’ Screenwriter’s Cold-Blooded Crusade Against L.A.’s Homeless Collins-Rector eventually pleaded guilty to eight charges of child enticement and registered as a sex offender. In the years that followed, Pierce waded into the gonzo economy of cryptocurrencies, where he overlapped more than once with Jeffrey Epstein, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,249,628,131 - Hash Rate: 135165071.8298032 - Transaction Count: 259095.0 - Unique Addresses: 535691.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Twitter Inc. revealed additional details about the highest-profile security breach in its history, confirming that hackers gained entry to its computer systems by reaching out to employees on their phones. In an update on its internal investigation, Twitter said the July 15 incident targeted employees using a phone spear phishing attack. By misleading workers and exploiting human vulnerabilities, the hackers were able to obtain credentials and access 130 accounts. Forty-five of those put out tweets -- including from the accounts of Barack Obama, Elon Musk and Bill Gates touting a Bitcoin scam -- and seven of them had their full set of Twitter data downloaded. Twitter had previously indicated that eight accounts had their data downloaded. Read more: Twitter’s Security Woes Included Broad Access to User Accounts Bloomberg News reported this week that the attackers contacted at least one Twitter employee over the phone in an attempt to gain access to user-support tools. The company required employees to take an online security training course last week, which covered a number of phishing techniques including phone calls, people familiar with the matter said. The company continues to operate with “significantly limited access” to its internal tools and systems as a precautionary measure two weeks after the hack, the company said. “Until we can safely resume normal operations, our response times to some support needs and reports will be slower,” the company said in a series of update tweets. “We’re accelerating several of our pre-existing security workstreams and improvements to our tools.” As the U.S. president’s go-to social media platform, Twitter bears additional responsibility for ensuring that its security protocols are robust. While Donald Trump’s account was not among those compromised in the July hack, his Democratic opponent in the upcoming November election, former vice president Joe Biden, was. Twitter’s latest communication acknowledges “how important each person on our team is in protecting our service. We take that responsibility seriously and everyone at Twitter is committed to keeping your information safe.” For more articles like this, please visit us atbloomberg.com Subscribe nowto stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Sunday, September 20, 2020', 37, '2020-09-20 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/', 'iw70q5', [['u/TheHighFlyer', 14, '2020-09-20 09:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5y1cda/', 'Desparate bear. These times are gone in this cycle.\n\nYou go better get some salmon', 'iw70q5'], ['u/Kheran', 11, '2020-09-20 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5yb35e/', 'Molesteum (KID) 🤔', 'iw70q5'], ['u/diydude2', 23, '2020-09-20 16:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5zdxmf/', "We've been over 10K for almost two months, the longest such streak since Dec. 2017-Jan. 2018. There's no reason to think we're going to be falling under 10K ever again as it appears to be a floor rather than a ceiling now.\n\nThis is looking more and more like late 2016. Halvening math is real.", 'iw70q5'], ['u/bringing_back_thebit', 13, '2020-09-20 18:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5ztu3m/', "Does this theory hold up?\n\nBtc used to be correlated to the stock market. However let's say it's now correlated to the dollar (DXY) but inversely. So....S&P goes down, which means more people are selling their stocks which in turn means more actual dollars in circulating supply. The M2 graph showing the velocity of money, currently at an all time low, starts ticking upwards. This in turn means the value of the dollar (DXY) starts falling as more fiat in circulation now, which in turn has in increase in the price of btc. Therefore maybe a downturn in the S&P is actually good for bitcoin, not bad.\n\nBut what do I know. I'm just a sax player from England.", 'iw70q5'], ['u/diydude2', 12, '2020-09-20 19:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/iw70q5/daily_discussion_sunday_september_20_2020/g5zz9d7/', "Shorty can't even pull off his signature Sunday Morning Sucker Punch Dump anymore. Bull market confirmed.\n\nMy guess is maybe we bounce off 10.8 a few more times, then head up bigly.", 'iw70q5']]], ['u/MakerOfMillionaires', '[Draw #58] We have our comments, and soon we’ll have our winner!', 425, '2020-09-20 08:29', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/', "#Alright.\n\n*\n\nTL;DR - This post is for the sole purpose of choosing a winner. If you commented in this [[Drawing Thread]](https://old.reddit.com/r/millionairemakers/comments/ivgnwd/drawing_thread_58_septembers_here_and_with_it/), you are entered in the drawing and don't need to do anything else. By 16:00 UTC, the winner will be selected. The Bitcoin (BTC) blockchain will be used to pick this winner. This can be verified at any device running Python 3.5, and you do not need to own Bitcoin in order to participate.\n\nAdditionally, all information to replicate the Drawing at home is available on Dropbox and GitHub, scroll down for more information.\n\nImportantly, this post WILL NOT BE EDITED in order to keep the integrity of the Drawing. To verify this, there will not be an asterisk during the time passed since its creation. The winner will be announced in a stickied comment.\n\n\n\nDISCLAIMER:* Some of the information may be unrevised, but procedures are the same as prior draws. Thank you.\n\n*\n\nOff Topic:\n\nThe [Discussion] Thread at /r/millionairemakersmeta is open. All comments are welcome there for any inquiries.\n\n[Discussion for Fall and Winter 2020-2021]: https://old.reddit.com/r/millionairemakersmeta/comments/iw8mse/_/\n\n\n\nExplanation!\n\nThe Bitcoin (BTC) blockchain will be used to choose a winner. Once the time listed has passed, there will be an active check to determine the blockchain's winning hash. Like before, this subreddit will wait for the 3^rd Block* after the time (being 16:00 UTC) to select the winner.\n\nIf a block is discovered by 15:59 UTC, it will not be counted towards the counter of three blocks. If it's discovered by 16:00:00 UTC, then it will decrease the counter. This can be checked by seeing the timestamp given to it by blockchain explorers.\n\nYou are able to see how this subreddit will verify the winner by checking the GitHub repository, which also includes a back-up plan in case of an emergency.\n\n*\n\nStandard Protocol:*\n\nThis post will not be edited!* This is to prevent tampering of the hash or files by any of the moderators. To prove this, look for the lack of an asterisk near the time since creation.\n\nTo verify if a hash for a file is that of Draw #58, upload the file of choice to a SHA-256 generator, and match it with its respective hash output. The result you receive should be the same as what is listed here.\n\nIf you are interested in doing this for yourself, download Python 3.5 or better and follow the path to the folder labeled: MM58\n\n*\n\nStatus Reports:\n\nI will be commenting on the progress of the drawing via the comments, so other users can keep track of the progress. These comments will be pinned at the top of the post and be distinguished. Most likely, after 1:00 PM ET, the pinned comment will be announcing the winner.\n\nIf you can run Python yourself and follow the instructions, you will be able to find the winner. Make sure the hash released from the blockchain and the total number of participants match with what is described below. In addition, thank you for your patience.\n\n\n\nInformation Used For Draw #58:\n\n GitHub Repository: https://github.com/lilfruini/CommentGathering-MillionaireMakers/tree/master/MM58\n\n SHA-256 of Comment IDs: 965c2c672cdcb28ac73f5bd866fc32403b8c7c8c94ffbb5c7e7ab93dccae8b58\n SHA-256 of Authors: 62f3f887c55f6b6cffa3c3031c7a29ab25da8a653b327f4367ca914d92c8d866\n SHA-256 of DQed Age: a05064a8c85ee95f48a4ac9f8f5b5562005a7dd9057bc8fa72bb7c3bfb785d08\n SHA-256 of Multiple Posters: 1972757669a1deea8c21f97b2eed5bd191e75eb31b0cef24428ab4f1eede8649\n SHA-256 of Truncated IDs: 1d66d36bb98ed5a8547209b2270bd72caa6d61276469aeb336cd64f628e5dcdc\n\n Block Selection: The Third Bitcoin Block After 20 September 2020 - 16:00:00 UTC\n Total Participants: 7,468", 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/', 'iw8pvc', [['u/Aequinoxium', 15, '2020-09-20 08:33', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xwajs/', 'Good luck to all!', 'iw8pvc'], ['u/Iblaka', 10, '2020-09-20 08:34', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xwcft/', 'Good luck guys!', 'iw8pvc'], ['u/FewWill', 13, '2020-09-20 08:44', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xxeh8/', 'Comment 13. Good luck?', 'iw8pvc'], ['u/YeahTinyRuck', 16, '2020-09-20 09:01', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5xzf3p/', "Good luck y'all. I hope whoever wins has a better year than most of us are having. I hope it helps.", 'iw8pvc'], ['u/AskMeAboutMyMom', 16, '2020-09-20 09:07', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5y0emw/', 'I’m gonna put my money on me not winning 😂', 'iw8pvc'], ['u/elle-mnop', 40, '2020-09-20 09:24', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5y2tmr/', 'Good luck everyone!!', 'iw8pvc'], ['u/ChandlerMc', 16, '2020-09-20 14:22', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g5yweeg/', 'Hey! Hope you and your students greatly benefitted from your win. Did you tell them about us reddit weirdos? What was your final total?', 'iw8pvc'], ['u/lbaumbe', 45, '2020-09-20 20:36', 'https://www.reddit.com/r/millionairemakers/comments/iw8pvc/draw_58_we_have_our_comments_and_soon_well_have/g60fhj5/', 'Oh my god I can’t believe this!!! Thank you everyone!!', 'iw8pvc']]], ['u/rBitcoinMod', 'Daily Discussion, September 20, 2020', 24, '2020-09-20 09:00', 'https://www.reddit.com/r/Bitcoin/comments/iw925w/daily_discussion_september_20_2020/', "Please utilize this sticky thread for all general Bitcoin* discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thre... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5. It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0. Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803. Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish end to the week. Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively. Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind. Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses. It was a mixed week for the crypto majors, however. Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week. It was a bearish week for the rest of the pack. Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down. Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red. In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%. Story continues This Morning At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses. It was a relatively bullish day for the rest of the pack, however. At the time of writing, Tron’s TRX was up by 0.62% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback. Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus Geopolitics Keeps the Pound and the Dollar in Focus, with Lagarde to Test the EUR Later Oil Price Fundamental Weekly Forecast – Bearish Demand Outlook Should Outweigh Hurricane-led Production Issues U.S Mortgage Rates Hold Steady thanks to the Dovish FED Natural Gas Price Fundamental Weekly Forecast – Next Major Move Hinges Upon LNG Demand Ericsson to Buy U.S. Networking Company Cradlepoint for $1.1 Billion; Target Price SEK 110', 'Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5. It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0. Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803. Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels. The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish end to the week. Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively. Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind. Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses. It was a mixed week for the crypto majors, however. Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week. It was a bearish week for the rest of the pack. Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down. Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red. In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn. Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%. Story continues This Morning At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses. It was a relatively bullish day for the rest of the pack, however. At the time of writing, Tron’s TRX was up by 0.62% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels. Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback. Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Private Sector PMIs, Powell, Geopolitics, and COVID-19 in Focus Geopolitics Keeps the Pound and the Dollar in Focus, with Lagarde to Test the EUR Later Oil Price Fundamental Weekly Forecast – Bearish Demand Outlook Should Outweigh Hurricane-led Production Issues U.S Mortgage Rates Hold Steady thanks to the Dovish FED Natural Gas Price Fundamental Weekly Forecast – Next Major Move Hinges Upon LNG Demand Ericsson to Buy U.S. Networking Company Cradlepoint for $1.1 Billion; Target Price SEK 110', 'ECB President Lagarde Speaks\nEurozone Flash Consumer Confidence\nGfK German Consumer Climate (Oct)\nSpanish GDP (QoQ) (Q2)\nFrench Manufacturing PMI (Sep) Prelim\nFrench Services PMI (Sep) Prelim\nGerman Manufacturing PMI (Sep) Prelim\nGerman Services PMI (Sep) Prelim\nEurozone Manufacturing PMI (Sep) Prelim\nEurozone Markit Composite PMI (Sep) Prelim\nEurozone Services PMI (Sep) Prelim\nGerman IFO Business Climate Index (Sep)\nIt was a bearish end to the week for the European majors on Friday. The CAC40 slid by 1.22%, with the DAX30 and EuroStoxx600 ending the day with losses of 0.70% and 0.66% respectively.\nA fresh spike in new COVID-19 cases across EU member states weighed on the European majors on the day.\nAhead of the European session, the WHO had warned of a “very serious situation” developing in Europe. In a bid to revive consumption and tourism, governments have been active in reopening the respective economies.\nWith a reliance on consumption to deliver an economic recovery, the latest spikes raise the chances of fresh lockdown measures.\nAdding further pressures on the majors at the end of the week were Brexit and U.S – China tensions.\nIt was yet another quiet day on theEurozone economic calendar. Key stats included August wholesale inflation figures from Germany.\nGermany’s producer price index stalled in August, after having risen by 0.20% in July. Whilst beating forecasts of a 0.1% decline, market jitters over deflationary pressures tested the majors going into the European open.\nWith stats on the lighter side, there was little to distract the markets from the latest U.S-China spat, Brexit, and COVID-19, however.\nKey stats included prelim September consumer sentiment and expectations figures.\nWhile both stats were skewed to the positive, both indicators remained well below pre-pandemic levels.\nIn September, the Michigan Consumer Sentiment Index rose from 74.1 to 78.9, according to prelim figures. While coming in ahead of a forecasted 75.0, the indicator had stood at 101.0 for January.\nFor the DAX:It was a bearish day for the auto sector on Friday.ContinentalandVolkswagenslid by 3.97% and by 3.52% respectively.BMWandDaimlersa Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,249,628,131 - Hash Rate: 139219832.7594406 - Transaction Count: 297605.0 - Unique Addresses: 644695.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The number of monthly users who earnedT-Points, or loyalty points, for bitcoin (BTC)payments on thebitFlyerexchange in Japan reached a record high in August. The two companies partnered to offer rewards to customers last year. • According to a bitFlyer report featured in aCoinDesk Japanarticle Thursday, the exchange did not specify the number of users of the service. But BTC was trading at1.3 million Japanese yen($12,400) in August for the first time in a year • Midori Kanemitsu, a market analyst at bitFlyer, indicated this reflects a larger trend: against the backdrop of COVID-19 and global monetary easing, bitcoin is shifting from a speculative investment for individuals to an institutional hedge against inflation. • Kanemitsu also expects institutional investors to enter the Japanese bitcoin market. • A bitFlyersurveyconducted earlier this year revealed that 30% of new visitors to the exchange are in their 20s, and that number has doubled since a previous survey conducted in 2018. • The rewards system, launched in August 2019, allows users who have a bitFlyer account to exchange T-points for BTC. • Users can alsoearnone T-point for every 500 yen (~$4.80) spent in BTC at participating member stores. Read more:Most New Customers at Japanese Exchange BitFlyer Are in Their 20s • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record • On bitFlyer Japan, Bitcoin Rewards Program Hits New Record... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 agency that oversees banks issued a letter on Monday that gives financial institutions a green light to hold reserves to support so-calledstablecoins—digital currencies similar to Bitcoin that are backed on a one-to-one basis by real-world money.\nWhile stablecoins have existed for years, their popularity has soared in recent months both in cryptocurrency circles and among businesses that have embraced them as an efficient way to settle international transactions.\nInits letter, the Office of the Comptroller of the Currency (OCC) stated that U.S. banks can lawfully hold the fiat currency reserves of companies that issue stablecoins, provided those firms comply with federal banking laws.\nAccording to Jeremy Allaire, the CEO of cryptocurrency firm Circle—which has issued a stablecoin called USDC alongside crypto giant Coinbase—the letter will provide legal cover for tech and finance companies that are experimenting with stablecoins.\nAllaire pointed in particular toFacebook, which is backing a consortiumcalled Librathat plans to issue a global digital currency that will be backed by U.S. dollars or by a basket of major currencies. Allaire also suggested that companies like Square, whose CEO has expressedstrong supportfor cryptocurrency, are likely to make stablecoins part of their operations in 2021.\nA spokesperson for Libra declined to comment on the OCC news. Square did not immediately reply to a request for comment.\nThe OCC letter is not transformative in that some U.S. banks already hold stablecoin reserves. These includeU.S. Bancorp, which holds more than $2 billion of reserves that back the USDC stablecoin.\nAllaire, though, says the letter will provide assurance to other banks—some of whom remain skittish about cryptocurrency ventures. He says that as stablecoin use expands and more companies seek to issue their own stablecoins, the presence of additional banks will be essential.\nIn its letter, the OCC qualified its support for stablecoins by noting that it applied only to ventures that comply with regulations such as know-your-customer laws, and which permit regular audits of their reserves. This would seem to exclude exotic stablecoins like Dai that are supported in part by algorithms, as well as Tether. The latter is the most popular stablecoin project, but it has been dogged by complaints about its lack of transparency.\nThe OCC’s pronouncement on stablecoins comes two months after the regulatoropened the doorfor banks to store cryptocurrencies like Bitcoin on their customers’ behalf.\n• Meet Snowflake,one of the buzziest tech IPOs ever\n• Book recommendationsfrom Fortune’s 40 under 40 in finance\n• Commentary: Why the Democratic Party mustmake a clean break with Wall Street\n• ADP, the biggest U.S. payroll service,won’t implement Trump’s “tax holiday”for some clients\n• Fortune’s 202040 Under 40\nThis story was originally featured onFortune.com', 'The federal agency that oversees banks issued a letter on Monday that gives financial institutions a green light to hold reserves to support so-called stablecoins —digital currencies similar to Bitcoin that are backed on a one-to-one basis by real-world money. While stablecoins have existed for years, their popularity has soared in recent months both in cryptocurrency circles and among businesses that have embraced them as an efficient way to settle international transactions. In its letter , the Office of the Comptroller of the Currency (OCC) stated that U.S. banks can lawfully hold the fiat currency reserves of companies that issue stablecoins, provided those firms comply with federal banking laws. According to Jeremy Allaire, the CEO of cryptocurrency firm Circle—which has issued a stablecoin called USDC alongside crypto giant Coinbase—the letter will provide legal cover for tech and finance companies that are experimenting with stablecoins. Allaire pointed in particular to Facebook , which is backing a consortium called Libra that plans to issue a global digital currency that will be backed by U.S. dollars or by a basket of major currencies. Allaire also suggested that companies like Square, whose CEO has expressed strong support for cryptocurrency, are likely to make stablecoins part of their operations in 2021. A spokesperson for Libra declined to comment on the OCC news. Square did not immediately reply to a request for comment. The OCC letter is not transformative in that some U.S. banks already hold stablecoin reserves. These include U.S. Bancorp , which holds more than $2 billion of reserves that back the USDC stablecoin. Allaire, though, says the letter will provide assurance to other banks—some of whom remain skittish about cryptocurrency ventures. He says that as stablecoin use expands and more companies seek to issue their own stablecoins, the presence of additional banks will be essential. In its letter, the OCC qualified its support for stablecoins by noting that it applied only to ventures that comply with regulations such as know-your-customer laws, and which permit regular audits of their reserves. This would seem to exclude exotic stablecoins like Dai that are supported in part by algorithms, as well as Tether. The latter is the most popular stablecoin project, but it has been dogged by complaints about its lack of transparency. The OCC’s pronouncement on stablecoins comes two months after the regulator opened the door for banks to store cryptocurrencies like Bitcoin on their customers’ behalf. Story continues More must-read finance coverage from Fortune : Meet Snowflake, one of the buzziest tech IPOs ever Book recommendations from Fortune’s 40 under 40 in finance Commentary: Why the Democratic Party must make a clean break with Wall Street ADP, the biggest U.S. payroll service, won’t implement Trump’s “tax holiday” for some clients Fortune’s 2020 40 Under 40 This story was originally featured on Fortune.com View comments', 'YuanPay Group YuanPay Group YuanPay Group LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Recently, YuanPay Group has released the research report on Digital Yuan, China\'s Central Bank Digital Currency (CBDC). Digital Yuan is the newest addition to the global digital currency portfolio. It\'s the first currency of its kind that is fully backed and sponsored by a large nation and investors are betting on it skyrocketing. Independent Research Group interviewed over 7,650 investors in the UK and Ireland and found that over 92% considered investing in Digital Yuan and 76% have already invested or are preparing to invest within the next two weeks. With the current financial markets in turmoil, many high-return seeking individuals are turning towards digital currencies. However, none has performed as well as Digital Yuan returning investors 10-times their money in September alone. "With the official government backing, there is little downside risk and the current market conditions are perfect for investment. Major stock indices are down and many of us are turning towards Digital Yuan to get unprecedented returns. This is our chance to invest early and not miss another bitcoin-like opportunity" \x96 a senior hedge fund trader who wished to stay anonymous commented in an interview. "It\'s really impossible to resist this investment opportunity. It\'s the first country-backed digital currency. China is producing a new billionaire every week with its red-hot markets. It has a lot of capital and liquidity so it\'s not a chance to look over" \x96 says Michael Jewles, a famous day-trader and venture capitalist. Bitcoin has gone from less than 0.002$ to 17,000$ which would make a $100 investment now worth $5M. It\'s easy to see why everyone is eager to get on this opportunity. Additionally, Digital Yuan may provide a solution for Chinese long-standing bad debt problem. The country currently has 2.4 trillion yuan ($341 billion) of officially recognized bad debt due to the illegal yet popular practice of obtaining multiple loans pledging the same collateral. Wide adoption in the Chinese economy of the Digital Yuan would drive its value even higher. Story continues "Using smart contracts provided by the Digital Yuan currency, the government of China will be able to track assets and liabilities and to ensure that multiple loans are not taken over the same collateral", says a senior blockchain researcher J. Rothers. The circulation of the currency is controlled by the state any trading can only be performed via authorized brokers. Many investors have been searching for high-potential stocks after the recent pandemic-related crash and this could prove the opportunity of a lifetime for many. Digital Yuan may not only solve China\'s long-standing problems but allow many middle-class individuals to move up the financial ladder through a secure investment strategy. About YuanPay Group LLC YuanPay Group is a leading crypto management and wallet organization. YuanPay Group was created in 2010 and since then they\x92ve been working with banks and other organizations to legalize crypto trading in China and develop relations with external investors. Media contact Company: YuanPay Group LLC Contact Person: Julia König, Media Representative Company Email: [email protected] Website: https://yuanpaygroup.com/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/892de615-a336-488f-9a1c-284120ba54a8', 'YuanPay Group YuanPay Group YuanPay Group LONDON, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Recently, YuanPay Group has released the research report on Digital Yuan, China\'s Central Bank Digital Currency (CBDC). Digital Yuan is the newest addition to the global digital currency portfolio. It\'s the first currency of its kind that is fully backed and sponsored by a large nation and investors are betting on it skyrocketing. Independent Research Group interviewed over 7,650 investors in the UK and Ireland and found that over 92% considered investing in Digital Yuan and 76% have already inv Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,249,628,131 - Hash Rate: 123857644.31701957 - Transaction Count: 312989.0 - Unique Addresses: 678668.0 Social & AI Sentiment: - Fear & Greed Index: 0.39 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byCrypto.com,BitstampandNexo.io. Related:Huobi Futures to Launch Options Trading This Week, Joining Throng Challenging Deribit This week’s episode of Long Reads Sunday is areading of the latest essayfrom Tyler and Cameron Winklevoss. The essay looks systematically at the problems of the slate of current store-of-value assets, including the U.S. dollar, oil and gold. The brothers argue why those assets have, or are starting to have, value in their safe haven function, whilebitcoinis on the rise. See also:Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold? Related:Bitcoin News Roundup for Aug. 31, 2020 Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • The Case for $500,000 Bitcoin • The Case for $500,000 Bitcoin... - Reddit Posts (Sample): [['u/smedsterwho', 'Just for discussion: what percentage of your net worth is in cryptocurrency?', 23, '2020-09-22 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/', 'Sitting there today, looking at the dip, and thinking "is there any coin you want to buy currently?" I started to look in earnest how much of my "net worth" is in crypto, and whether it\'s a comfortable amount (spoiler: it is).\n\nI\'m 37, with about $40,000 (Australian dollaridoos) to my name. No mortgage or assets, basically I pays my rent and my bills, and my salary comes in each month.\n\nProbably getting used to the idea I won\'t be able to get on the property ladder.\n\nAnyway, I pondered this today. I have about $11k in Cryptos (probably half in bitcoin, and the rest scattered around altcoins where I believe the technology is good), which makes it about 25% of my savings.\n\nThat\'s probably right by me. It\'s below the threshold "I could afford to lose", and below the threshold I might need to convert it to Fiat out of need or emergency.\n\nFrankly, I figure it\'s the comfortable level, for the money I have. I exited the stock market in June (sorry Buffet, although I\'m sure my small contributions did not send shockwaves through the economy), and other than adding a small amount ($100) each week, I don\'t think it\'s the right time to invest that way.\n\nAs I said, no mortgage or appreciable asset to my name. Or kids!\n\nAnd so the rest (let\'s call it $25,000) is in my bank account earning 1%. (Edit: This is only a temporary affair after pulling out of stocks, and deciding where to go next as the world wobbles).\n\nAnyway, that\'s my story, and I\'ve decided I\'m comfortable with 25% (no more) of my savings in crypto - again largely because there\'s no compelling alternatives, and bank interest is very bland.\n\nI wouldn\'t go much higher, but I am fairly comfortable to have moved that amount over in the last two years, and on the whole it\'s appreciated as a store of value by about (napkin maths) 10%.\n\nJust curious on other people\'s thoughts?', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/', 'ixc9zf', [['u/phyx1u5', 13, '2020-09-22 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/g65wxe1/', "I'm in a similar situation, no debts etc. but I'm putting about 50% into crypto, 25% in savings, and living off the remaining 25%.\n\nmy goal is to get into property should the crypto scene moon to my targets. Over all I'm very bullish on cryptos, but wouldn't be too devastated if it all went tits up.", 'ixc9zf'], ['u/dwin31', 19, '2020-09-22 05:42', 'https://www.reddit.com/r/CryptoCurrency/comments/ixc9zf/just_for_discussion_what_percentage_of_your_net/g66kkx1/', 'Depends on if you were asking today or last week? 🤣😔', 'ixc9zf']]], ['u/ZeusFinder', 'Bitcoin makes me feel like I’m in the resistance.', 128, '2020-09-22 04:55', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/', 'I often see things like the 1% owns over 50% of the wealth or that 10 companies own and manage all of the food companies and the latest news about banks doing dirty work, again. Bitcoin makes me feel like I’m able to fight the system. It’s my protest. I don’t have to hold the money that has only made people suffer due to the government diluting our dollars. Instead I can be a part of the resistance and manage my own bank, that’s capable of getting more than the insulting .01% interest on my money.', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/', 'ixf9f8', [['u/etmetm', 21, '2020-09-22 08:22', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g66wb5i/', 'Yes, you are. Welcome to the show.', 'ixf9f8'], ['u/Claimintru', 16, '2020-09-22 09:15', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g66zily/', "Here's the thing, if you were a loser in the old system. You're gonna be a loser in the new system. A fresh start, new thing etc doesn't change who you are. It just gives you false hope because you're in denial", 'ixf9f8'], ['u/brandansmite', 11, '2020-09-22 10:18', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g672ua1/', ".5% of all BTC addresses hold 85% ish of all BTC. If you didn't get btc early you're not getting a lot unless you're a millionaire already.", 'ixf9f8'], ['u/sroose', 22, '2020-09-22 12:46', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g67a8jb/', "I don't think that's the case necessarily. Tons of high-value holdings have been lost. Lots of high-value addresses are from companies/holdings that represent multiple users.\n\nAlso the nature of Bitcoin makes it more difficult to make money from money than the traditional financial system does. So those very few ultra-rich Bitcoiners will eventually have to spend their money over the course of several generations. Yes they'll be filthy rich, but no they won't have an easy time extracting money from the rest of the economy to maintain their position.\n\nAlso, Bitcoin is young. The distribution will change before we have any meaningful influence over the world. I'm sure some of the large holders are good-hearted people that will do good things with their money. For the others, I suppose they'll also want to enjoy their own life instead of giving it all to their kids. So I suppose they'll also be spending a bunch over the course of the next 40 years or so.", 'ixf9f8'], ['u/ManyArtichoke', 10, '2020-09-22 14:47', 'https://www.reddit.com/r/Bitcoin/comments/ixf9f8/bitcoin_makes_me_feel_like_im_in_the_resistance/g67isgc/', "Bitcoin does have the potential to help close the huge generational wealth gap that exists in the US. Millenials only own 3% of the nation's wealth, compared to 25% for boomers when they were at this age. \n\nBoomers are basically hoarding all of the nation's wealth and refusing to pass it down via higher wages. Instead we have massive price inflation for education, healthcare, and housing, and stagnant wages that guarantee a lifetime of debt and wage slavery. \n\nBitcoin has the power to distribute more of the wealth to millenials, who buy Bitcoin at a much higher rate than boomers.", 'ixf9f8']]], ['u/aaron0791', 'Ltc vs btc or eth', 58, '2020-09-22 05:14', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/', "I just sent $1000 Mexican pesos in eth from bitso to my eth wallet and the network fee was $36 pesos (like $1.5usd). Then I sent $1000 pesos in ltc and I paid $0.01 pesos.\n\nI don't care what the maximalists say. Litecoin beats bitcoin and ethereum. And it is my coin of choice.", 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/', 'ixfjds', [['u/jorge22f', 21, '2020-09-22 07:57', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/g66uqgs/', "It's definitely the best coin to use for transactions", 'ixfjds'], ['u/Thor010', 12, '2020-09-22 08:25', 'https://www.reddit.com/r/litecoin/comments/ixfjds/ltc_vs_btc_or_eth/g66whbk/', 'Long life LTC !', 'ixfjds']]], ['u/quiettimes', 'withdrwal pending for six days', 11, '2020-09-22 05:18', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/', "So, I tried to get some BTC out of my account and it has just been pending for days. \n\nI've written to support about it and they were responsive but now seem to just ignore me. They just said they were looking into it. Is there anywhere I can go/anyone to reach out to who could potentially help me? \n\nI've been able to do withdrawals since, but that one just stays pending. \n\n&#x200B;\n\nThanks.", 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/', 'ixflmr', [['u/scoobysi', 10, '2020-09-22 07:28', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/g66ssw0/', 'Nice fud. Utter bs though. Prove it or close thy cake hole', 'ixflmr'], ['u/mtj89', 11, '2020-09-22 07:36', 'https://www.reddit.com/r/CelsiusNetwork/comments/ixflmr/withdrwal_pending_for_six_days/g66tbde/', '“On a serious note” lol', 'ixflmr']]], ['u/Zectro', "u/deadbeat1000 totally saw the denial of Craig's Motion for Summary Judgment coming", 13, '2020-09-22 05:20', 'https://www.reddit.com/r/bsv/comments/ixfms9/udeadbeat1000_totally_saw_the_denial_of_craigs/', 'In this post I\'m going to go through a selections of quotations from our dear friend u/deadbeat1000 on this score:\n\nFirst his most recent one where he echoes the rationalisation in the latest Coingeek article on this [and says](https://np.reddit.com/r/bitcoincashSV/comments/ix9ido/court_rejects_wright_applications_for_summary/g65dslg/):\n\n>This really comes as no surprise.\n\nSo clearly he saw this coming, right? He didn\'t make a bunch of comments several months back where he seemed certain Craig was going to win this motion? Let\'s find out.\n\n[This quote doesn\'t look good](https://www.reddit.com/r/bitcoincashSV/comments/hyxeaf/exclusive_craig_wrights_exwife_filing_puts/fzg1e15/) (my emphasis added):\n\n>W&K was formed by CSW\'s wife, Lynn Wright and Dave in order to enable them to bid on government contracts having nothing to do with mining Bitcoin. And W&K was formed not at a "partnership" but as a Limited Liability Corporation (LLC).\n\n>Therefore, it really should be about shares in a corporation and a corporate structure not an assumed "50:50" partnership. In a corporation there are voting rights and thus before Ira could sue CSW on behalf of W&K, there would have to be a vote by the shareholders. In this case Lynn & Ira as CSW relinquished his stake in the company during his divorce. In other wo... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move. Steering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0. Falling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels. The near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Tuesday. Binance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way. Bitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains. Chainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however. At the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%. This Morning At the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Ethereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 1.01% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597. Barring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however. Failure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288. This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Weakens as RBA Considers Various Policy Options AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ May Be Preparing to Move on Negative OCR Silver Price Forecast – Silver Markets Show Signs of Stability USD/JPY Fundamental Daily Forecast – Hawkish Comments From Fed’s Evans Spook Dollar Bears E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Traders Respecting 26714 – 26162 Economic Data, the FED Chair, COVID-19, and Brexit in Focus', 'Bitcoin, BTC to USD, rose by 1.09% on Tuesday. Partially reversing a 4.57% slide from Monday, Bitcoin ended the day at $10,549.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,377.0 before making a move.\nSteering clear of the first major support level at $10,171, Bitcoin rose to a late intraday high $10,597.0.\nFalling well short of the first major resistance level at $10,850, Bitcoin eased back to wrap up the day at sub-$10,550 levels.\nThe near-term bullish trend remained intact, supported by the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Tuesday.\nBinance Coin and Bitcoin Cash SV rallied by 4.02% and by 5.84% respectively to lead the way.\nBitcoin Cash ABC (+2.05%), Cardano’s ADA (+1.90%), Ethereum (+1.15%), and Litecoin (+3.15%) also made solid gains.\nChainlink (+0.26%), Crypto.com Coin (+0.26%), and Ripple’s XRP (+0.86%) trailed the front runners, however.\nAt the start of the week, the crypto total market rose to a Monday high $334.04bn before sliding to a Monday low $306.69bn. At the time of writing, the total market cap stood at $316.17bn.\nBitcoin’s dominance fell to a Monday low 60.89% before rising to a high 62.04%. At the time of writing, Bitcoin’s dominance stood at 61.55%.\nAt the time of writing, Bitcoin was down by 0.02% to $10,549.6. A mixed start to the day saw Bitcoin fall to an early morning low $10,540.0 before rising to a high $10,555.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nEthereum (-0.27%) and Ripple’s XRP (-0.03%) struggled early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 1.01% to lead the way.\nBitcoin would need to avoid a fall through the $10,508 pivot level to support a run at the first major resistance level at $10,638.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $10,597.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test resistance at $10,700 before any pullback. Bitcoin would likely come up short of the second major resistance level at $10,728, however.\nFailure to avoid a fall through the $10,508 pivot would bring the first major support level at $10,418 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,300 levels and the second major support level at $10,288.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Weakens as RBA Considers Various Policy Options\n• AUD/USD and NZD/USD Fundamental Daily Forecast – RBNZ May Be Preparing to Move on Negative OCR\n• Silver Price Forecast – Silver Markets Show Signs of Stability\n• USD/JPY Fundamental Daily Forecast – Hawkish Comments From Fed’s Evans Spook Dollar Bears\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Traders Respecting 26714 – 26162\n• Economic Data, the FED Chair, COVID-19, and Brexit in Focus', 'In this article we will take a closer look at the 10 best cryptocurrency exchanges in 2020. Click to skip ahead and see thetop 3 cryptocurrency exchanges of 2020.\nThe last decade has been a great one for Bitcoin and other cryptocurrencies in general. Aside from witnessing the launch of over three thousand new cryptocurrencies, we have also seen an unprecedented increase in the value of these cryptos.\nThe launch of cryptocurrencies, in general, has led to the development of a plethora of other service apps and companies. One of these service apps is "Cryptocurrency Exchanges". Basically, cryptocurrency exchanges are platforms or third-party applications that allow potential crypto investors to either buy, sell, or trade their cryptocurrencies. This exchange could either be from crypto to crypto or from fiat to crypto.\nPixabay/Public Domain\nWith an increasing number of these crypto exchanges being developed today, most potential crypto investors have had trouble picking out the best exchange to make use of. This is why we have taken it upon ourselves to make a list of some of the best cryptocurrency and Bitcoin exchanges of 2020. Bear in mind that this list has been compiled after extensive research and is based on a number of criteria that include but are definitely not limited to the following;\n• Trading volume\n• The transaction speed\n• The transaction fees charged\n• Number of supported coins\n• Multiple payment methods\nIn our rankings below for the 10 best cryptocurrency exchanges of 2020, each cryptocurrency exchange we listed scores for each criterion and then calculated the total score. That’s why there is a little bit subjectivity in our rankings. If you don’t agree with some of the scores, please leave a comment at the bottom of this article. Here are thebest cryptocurrency exchanges of 2020:\nTrading Volume: 2\nTransaction Speed: 5\nTransaction Fees: 5\nSupported Coins: 5\nPayment Methods: 1\nTotal Score: 18\nDesigned with a modern outlook and backed by a secure platform, this Hong Kong-based exchange is known for distributing 50% of the total revenue received to holders of KuCoin Shares - the native coin of the platform.\nKuCoin supports the trading of over 70 cryptocurrencies and this makes it one of the very best. With a trading volume of $53.6 million, KuCoin charges low transaction fees.\nCopyright: Elnur / 123RF Stock Photo\nTrading Volume: 3\nTransaction Speed: 6\nTransaction Fees: 4\nSupported Coins: 3\nPayment Methods: 2\nTotal Score: 18\nWith its headquarters located in Slovenia and branches in other parts of the world, BitStamp has cemented its place as one of the best exchanges because of its low transaction fee principle. For international transfers and withdrawals, BitStamp charges 0.05% and 0.09% respectively.\nBitStamp supports the purchase of cryptos through a number of payment options and this makes it one of the best. Additionally, it supports the trading, buying, and selling of over 10 different cryptos. BitStamp has been designed to be easy to use, which makes it one of the best exchanges for beginners.\nWith a trading volume of $89.1 million, there is still more room for improvement in the years to come.\nPixabay/Public Domain\nTrading Volume: 2.5\nTransaction Speed: 6\nTransaction Fees: 4\nSupported Coins: 7\nPayment Methods: 3\nTotal Score: 22.5\nBased in the United States and with the security of co Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,586,160,669 - Hash Rate: 136339422.42648664 - Transaction Count: 349938.0 - Unique Addresses: 733591.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The following is a contributed article from a content partner of Benzinga Discussions surrounding cryptocurrency payment platforms have captured the attention of investors worldwide, specifically on whether digital currencies are useful in the retail sector. For instance, the growth and widespread adoption of stable-coins has nudged 20,000 merchants to accept crypto payments. The list of parties interested in crypto-transactions, however, is not merely limited to small businesses; we have seen that corporations like Microsoft, Overstock, Namecheap, Starbucks, Whole Foods, CheapAir, Travala, and Expedia have all shifted their attention. The $250 Billion crypto payment market, though broad, can be best understood by examining three major categories: P2P Retail Payments, Crypto Custody, and Merchant Plugin and Gateways. Squares Cash App - A Leader In P2P Crypto Retail Payments Since January, the stock market value of Square, Inc. (NYSE: SQ ) has risen in value by 148%; last year alone, the stock grew by 137%. As claimed by analysts, one should anticipate that if Squares Cash App continues to perform, its SQ stock price could increase by 400% within 4 to 5 years, matching the capitalization of companies like PayPal. Undoubtedly, the firm has garnered the interest of investors. Most importantly, however, it has demonstrated an ability to generate profit, as evidenced by its Q2 earnings report for 2020, which revealed that Cash Apps gross profit grew by 167%, totalling to $281 million. One explanation for CashApps popularity may be attributed to Bitcoin, as the platform allows its users to buy, sell, and transfer it. This is especially significant, as it has been consistently demonstrated that younger users favour this means of payment. As a result, Squares Bitcoin gross profit jumped by 711%. The list of features offered by Cash App goes on. One new idea currently under pilot testing would allow members of its Cash App P2P Payments service to obtain small, short-term loans. 1000 users were offered such loans, ranging from $20 - $200, to be paid back within four weeks at a 5% flat interest rate. Whether successful or not, this attempt to explore possibilities by Square is an indicator of its willingness to expand their business model. Story continues Offering small loans is expected to broaden Cash Apps lending efforts, and could eventually become a more complete financial payment solution when compared to PayPal. As such, Square Capital, the firm's lending arm, has been able to support merchants with micro-finance schemes for years, and is even approved to operate as a bank. Just as important to analyse, however, are Cash Apps competitors. For instance, Coinbase offers its members the ability to borrow cash against their Bitcoin holdings, and is preparing an IPO to launch a waitlist for customers. Users will be able to borrow up to 30% of $20,000 of their Bitcoin holdings at an 8% APR, which is less competitive than the majority of competing crypto lending solutions. Yet given US regulatory limitations, this solution is expected to receive a lot of adoption, since there will be no special applications or credit checks required. Other key competitors like Venmo and Zelle have furthered their respective lending programs, suggesting that they too see the potential of P2P payment platforms. Yet the main difference between Cash App and its competitors lies in its Bitcoin transactions and growing lending schemes. BitGo - Institutional Digital Asset Custody Firm BitGo operates in the crypto-sector as a security and digital-asset trust firm. Showing its intent to compete, they have recently announced the acquisition of Excess Specie Insurance, enabling users to purchase their own dedicated excess limits above BitGos $100 million insurance policy, ensuring an additional layer of protection to crypto holdings. Until recently, BitGo was covering up to $100 million worth of digital assets held in their accounts with the security firms, but is now backed by investors such as Goldman Sachs and Galaxy Digital Ventures. One distinctive feature offered by BitGo is Wrapped Bitcoin, an ERC-20 token with a 1-1 peg to Bitcoin. It currently secures 46,000 BTC, worth more than $500 million through custodial patchwork. Yet the Palo Alto-based company hasnt stopped there; its product portfolio has expanded to offer institutional digital asset lending services. BitGo is currently lending Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and stablecoins. In its most recent endeavour, BitGo has applied to become a qualified crypto custodian in New York State. As such, they expect a dramatic increase in market demand for its products and services from banks, pension funds, hedge funds and other fiduciaries, according to an announcement published on August 25th. Yet another area of growth within the industry are gateway platforms that enable merchants to accept cryptocurrency payments in exchange for their services. Cyclebit; Accelerating Crypto Payment Solutions For Merchants Cyclebit is a new firm that differentiates itself by offering zero-fee tools to retailers, allowing them to accept cryptocurrencies for in-store, online, and on-the-go purchases. Cyclebit hosts 20 of the most popular cryptocurrencies, connecting merchants to a broader customer base. The company is currently processing 1 million transactions a month, featuring a $1 billion annual turnover. Cyclebit is one of the largest mPOS and e-commerce software providers in Eastern Europe, with a range of solutions being used by the largest insurance, logistics and retail businesses in Canada, USA, Thailand, Vietnam, Japan and Europe. Among the company's clients are online marketplaces, insurance and logistics companies like Ozon, Lamoda, Delivery Club, Pony Express, and DPD. Included in its product suite is Cycle-Online, an innovative e-commerce solution for processing online crypto payments. This allows users to accept crypto payments anywhere in the world with full protection against volatility, chargebacks, and ID theft. Another solution is the tap2go application, designed to allow any Android smartphone with an NFC module to act as a terminal for receiving contactless payments. The app complies with PCI DSS Level 1 security standards, and thus has immense potential on CIS markets like Russia, where payments using Google Pay, Apple Pay and Samsung Pay now make up almost 80% of all contactless transactions. Despite the many benefits of crypto payments for merchants and consumers, including limited fees, improved privacy, and diminished reliance on centralized authorities, there remain barriers to overcome. Taxation or liquidity barriers for smaller-cap crypto projects are but two examples. What remains clear, however, is the enormous potential of the industry available for the players who enter first. For now, analysts wait in anticipation to see who will succeed. See more from Benzinga Level01 On Why DeFi Is Here To Stay Is Dash Price On The Verge Of A Bull Break? Golden Cross And 3 Key Indicators Suggest As Much The 5 Hottest DeFi Projects To Watch In Asia © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Themoneymancan', 'Bitwhisk still says "Status: Waiting for Payment Bitcoin" even after Coinbase has marked the transaction as completed.', 11, '2020-09-23 02:08', 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/', "Hey all. As the title says I've sent some Bitcoin from my coinbase account to Bitwhisk with the goal of it ending up in my Bisq wallet. Unfortunately I'm starting to worry something has gone catastrophically wrong because I have sent the coin from my account to Bitwhisk's provided address and Coinbase have even marked the transaction as completed but Bitwhisk apparently haven't got anything?\n\nIs this normal or have I just lost a bunch of money? I've double checked all the addresses involved matched up multiple times so it can't be an error on my part unless I did something really bad.\n\nEdit: Just looked at blockchain.com and it says the coins have been received. Is Bitwhisk a scam or something?", 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/', 'ixzhpn', [['u/TheGreatMuffin', 10, '2020-09-23 02:19', 'https://www.reddit.com/r/Bitcoin/comments/ixzhpn/bitwhisk_still_says_status_waiting_for_payment/g69q6xg/', "It's a scam, sorry. \n\nIt literally takes two seconds to google and this link is one of the top results: https://bitcointalk.org/index.php?topic=5178761.0 \n\nBe more diligent next time.", 'ixzhpn']]], ['u/100_Jose_Maria_001', 'In ten years, we might be looking back at Microstrategy the same way we now look at the 10,000 BTC pizzas.', 292, '2020-09-23 02:55', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/', 'Title', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/', 'iy093h', [['u/soontobesilenced', 26, '2020-09-23 03:05', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g69uxfj/', 'Might we? Tell me more about my future nostalgic feelings.', 'iy093h'], ['u/RichardHartman101', 11, '2020-09-23 04:08', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6a1gti/', 'Wow', 'iy093h'], ['u/cameron_davies', 11, '2020-09-23 05:23', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6a8suh/', "What is this post referring to? How does one 'look back at' or even currently look at 'Microstrategy'?", 'iy093h'], ['u/lampm0de', 150, '2020-09-23 05:45', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6aawzj/', 'But what if it’s in reverse? What if all the BTC they bought can only buy them 1 large pepperoni in the future? 😂', 'iy093h'], ['u/ludwigvonmises', 14, '2020-09-23 05:54', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6abqkg/', 'How? Laszlo spent BTC to buy pizza. Saylor is buying BTC with MicroStrategy operating revenue. Totally opposite.', 'iy093h'], ['u/alpacastacka', 13, '2020-09-23 06:00', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6acaae/', 'I think he just means the impact of the event', 'iy093h'], ['u/RentonMcLog', 26, '2020-09-23 07:44', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6ake4g/', 'Prolly not like a pizza, but MAYBE like a Tim Draper who bought at auction for about $600 ish?', 'iy093h'], ['u/user_name_checks_out', 13, '2020-09-23 07:50', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6akuao/', 'They bought ~40,000 bitcoins for $400MM. OP is asking how we might look back on that transaction.', 'iy093h'], ['u/Jamestown2017', 37, '2020-09-23 09:05', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6apklx/', "That'll be a good ass pizza", 'iy093h'], ['u/c12022', 18, '2020-09-23 11:16', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6awf63/', 'Low effort hype post.', 'iy093h'], ['u/thegtabmx', 11, '2020-09-23 18:35', 'https://www.reddit.com/r/Bitcoin/comments/iy093h/in_ten_years_we_might_be_looking_back_at/g6bywvg/', 'You must be new here.', 'iy093h']]], ['u/omgColors', 'Teleporting to jail off a bunch of xans and alcohol', 154, '2020-09-23 03:36', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/', 'Teleporting to jail\n\nThis is my second of many stories I have that I’m posting on reddit. To start this story off I was ordering my boy some lsd off the dark bet, and he had about 50 dollars left over in bitcoin he said get whatever I want with it, so you guys already know I went straight to the benzos. After a long search and contemplating what to get I ended up picking up 40 1mg footballs, where I’m from it’s hard to get legit Xans so 40 footballs is a fucking score for me.\n\nA couple days pass and I get my shit in the mail, so I figured it’s time to try this shot out. My homie came and got his sheet of acid and threw me a couple hits and I tossed him a couple footballs. The next day o was ready to try those bad boys out. I had done a line of meth and I picked up a bottle of 100 proof vodka (first mistake). So i call up my main homie and he pulled up to chill. We bother popped a hit of acid then we smoked some gas that my homie brought. After we smoked a blunt we dosed up on Xanax, at the time I had a decently high tolerance and I was on meth so I decided to go ahead and eat 10mg right off the bat. We chilled for a while and drank some vodka and I pooped a few more footballs. \n\nHere is where my memory gets hazy and the dumbassery starts. We were really mega fucked up and my boy starts talking about hitting a lick on this house. My barred up ass was like fuck it let’s do it. So me and my boy ate the rest of the xans and finished off the bottle, all I remember from here is walking from my apartment to this lick we were trying to hit. I was so fucked up I barely made it to the house, but we finally got there and I was falling over in the yard and shit making a fool out of myself, we didn’t even start trying to get into the crib next thing I know my buddy says “hey there’s a cop car”. I was confused just standing there and my boy took off running, I didn’t move and next thing I know BAM I got fucking layed put by the police. I guess we were so fucked up we didn’t even notice they were watching us. Next thing I remember I’m on the way to jail, the cop driving is there was super chill, he asked if we wanted to smoke a cig before we went to jail ( he was a real ass dude for that one). So we get out the cop car still handcuffed and the cop lights us both a cig up, we’re sitting there smoking and my drunk ass dropped the cig out my mouth like 5 times but the chill ass cop kept picking it up for me.\n\nNext thing I know it’s the next morning and I woke up I a holding cell getting arraigned, I was still kinda fucked up and I was shit talking the judge a lil ( big fuck up) so my bail got set at 50,000 so 5,000 to get out (On my first offense!). So I was in jail for about 5 days until my lawyer was able to get my bail reduced to ror. I’ve been out since COVID started still waiting on the case but fuck it I’ve been wanting to tell the story. Hope you guys enjoyed 😂\n\nTLDR: Ate way to many footballs and a bunch of liquor, tried to hit a lick and teleported to jail', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/', 'iy0xce', [['u/Kid_Crown', 61, '2020-09-23 05:54', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6abqgv/', "Damn bro what are you facing? \n\nI'd say we should start a bartard bail fund but I feel like that might encourage bad behavior.", 'iy0xce'], ['u/mycelium-magic', 34, '2020-09-23 06:13', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6adh5o/', 'Bartard bail fun lol, I’m dying. Now that’s a cause i would donate to', 'iy0xce'], ['u/thirdeyebrown_666', 128, '2020-09-23 06:18', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6adu3s/', 'Why TF would you pop benzos after taking acid? May as well just flush the acid down the toilet', 'iy0xce'], ['u/CountGrishnack97', 44, '2020-09-23 07:32', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6aji58/', 'Especially that much. 1 might dull the trip but as much as this dude took I bet the acid was non existent', 'iy0xce'], ['u/aonemonkey', 16, '2020-09-23 07:56', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6al73c/', 'You sound like jail might do you some good', 'iy0xce'], ['u/Farquad69420', 65, '2020-09-23 08:06', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6alxej/', "10+ mg of xanax and a bottle of vodka without completely blacking out? I call bullshit with or without the meth\n\n\nAlso 50,000 dollar bail for what? You said you didn't actually try and get into the house so what crime would the police be arresting you for that would call for a 50k bail lmao? Trespassing lol? You're whole story kind of just seems like a load of shit homie", 'iy0xce'], ['u/lifted-living', 21, '2020-09-23 09:28', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6aqxdn/', 'The dumbassery starts right when you take acid with Xanax lmao, wtf', 'iy0xce'], ['u/lifted-living', 43, '2020-09-23 09:30', 'https://www.reddit.com/r/BartardStories/comments/iy0xce/teleporting_to_jail_off_a_bunch_of_xans_and/g6ar1ta/', 'This isn’t teleporting to jail if you remember every single thing that happened', 'iy0xce'], ['u/TheBoyHarambe', 13, '2020-09-23 20:53', 'https://ww... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority.\nThe New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry.\nGemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees.\n“London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,” Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers.\nBitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday.\nIn Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it’s also already operational.\nGemini is also in the licensing process in Singapore, Winklevoss said.\nOn its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It’s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world’s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world’s largest crypto spot exchange, Binance. Gemini is also a New York trust company that’s regulated by the New York State Department of Financial Services.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', '(Bloomberg) -- Cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic-money license from the Financial Conduct Authority. The New York-based firm was founded by Tyler and Cameron Winklevoss, who after claiming Mark Zuckerberg took their idea for a social-networking website to start Facebook Inc., moved on to become entrepreneurs in the digital-asset industry. Gemini will now let U.K. consumers buy products with Bitcoin using regular debit cards as a funding source. Investors in cryptocurrency will similarly be able to fund digital wallets via bank payments such as CHAPS, without incurring foreign exchange fees. \x93London is one of the birthplaces of modern finance, and has a rich tradition of regulation, but also fosters an environment of innovation,\x94 Tyler Winklevoss said in an interview, adding that regulation and trust are central to the operation of an exchange like Gemini for consumers. Bitcoin has been highly volatile since its 2009 debut, with few institutional investors seeing it as a viable long-term bet. Gemini will be secure, and offer protection against fraud and money laundering, the company said in a statement Thursday. In Europe, Gemini will have to compete against a slew of players, some of them regulated by the Financial Conduct Authority as well. In August, the U.K. regulator also approved Archax, an exchange that is due to launch in the fourth quarter. The agency said that all crypto exchanges operating in the country have to register by Jan. 10, 2021. But for now, Gemini is in a select club of registered firms, and it\x92s also already operational. Gemini is also in the licensing process in Singapore, Winklevoss said. On its home turf, Gemini faces off against its much-bigger rival, Coinbase Inc. It\x92s also a small exchange internationally, where crypto exchanges located in more loosely regulated jurisdictions rule. Globally, Gemini is the world\x92s 67th-largest crypto spot exchange, according to rankings site CoinMarketCap.com, which is owned by world\x92s largest crypto spot exchange, Binance. Gemini is also a New York trust company that\x92s regulated by the New York State Department of Financial Services. Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', 'Some tricks of the trade employed by today’s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces.\nAnnounced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data.\nOcean Protocol is about helping peopleand businessesunlock data and monetize it, spreading the benefits of data and AI beyond the handful of organizations that hoard, control and get rich from it. Creating efficient data marketplaces is really the lynchpin of this, according to Ocean founder Trent McConaghy. Thus the collaboration with Balancer.\nRelated:BitGo Is Bringing DeFi-Friendly Wrapped Bitcoin to the Tron Blockchain\n“Many people have tried to build data marketplaces in the past, but have been held back by issues of privacy and control. With blockchain and compute-to-data, Ocean is addressing this,” McConaghy said in an interview. “So our goal is to unlock this data economy with data marketplaces, connecting the buyers and sellers of data. These can be individual humans, families, small companies, large companies, cities, nations, etc.”\nEthereum-based Ocean creates data tokens, which can represent a particular dataset – be it an individual’s DNA or something much larger and more valuable, like all ofDaimler’sself-driving car data. The tokens act as an on-ramp to the data, which is stored elsewhere. The second part of the puzzle is establishing a marketplace where this tokenized data can be discovered, priced and traded using Ocean’s native token (OCEAN) or other cryptos like ether (ETH) or dai (DAI).\nPricing data is hard. Now, with the third version of Ocean, McConaghy has concludedAMMs like Uniswapdo the job best.\nRead more:Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing\nRelated:Uniswap Users Have Claimed $560M-Worth of UNI Tokens in a Week\nUnlike an auction-based approach, AMMs continue to price throughout the asset’s lifetime. And unlike order books, they don’t need a lot of upfront liquidity and a double coincidence of wants. As such, AMMs – which have been instrumental in DeFi’s$13 billionascent – can be thought of as robots that are always ready to buy or sell.\nThe Balancer poolfunctions as a “self-balancing weighted portfolio and price sensor,” which means it behaves like an index fund – if a given asset out- or under-performs, it is respectively sold or bought to keep its value share of the total portfolio constant. But this is done in a decentralized manner without human intervention.\nThis is basically what DeFi application Uniswap does, but Balancer has the added advantage of allowing non-equal weights among tokens in the pool (e.g. 90/10 vs. 50/50). That means someone with lots of data tokens can offer these without having to tie-up a great deal of Ocean tokens or other cryptos.\nMcConaghy pointed to a trend where people are launching things on AMMs, and in the case of an Ocean data-token pool he has coined the term “initial data offering” or IDO.\n“Our community has been really loving this term and using it a lot internally,” McConaghy said, adding:\n“Basically it’s an example of liquidity mining for the people. Right now when people want to do liquidity mining on Balancer or other tools, they need to have assets. This works well for the whales, and it works even for some medium-sized folks, but the small guys are completely priced out because of gas prices. But we all have assets, as in our data assets; I have location data or whatever, and I’m going to start putting it up there and see what happens as the price gets automatically discovered.”\nRead more:Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens\nOn the subject of the high gas costs associated with deploying pools on Balancer, the Ocean partnership has led to a useful tweak of Balancer pool contracts to use theERC-1167proxy pattern to reduce those costs.\n“The idea of having millions of different tokens and pools wasn’t viable with today’s gas prices on Ethereum, so it’s very nice the way we have extended Balancer to make it cheap for the creation of new data pools,” said Balancer Labs CEO Fernando Martinelli, adding:\n“It doesn’t cost a lot for someone to just put up their location data or their DNA data. It’s great because it’s shown us the need to create more efficient markets – something that’s going to be addressed in our version two.”\n• Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins\n• Ocean Protocol and Balancer Want to Do for Data What Uniswap Did for Coins', 'Some tricks of the trade employed by today\x92s booming decentralized finance (DeFi) platforms are being used for a completely new paradigm: decentralized data marketplaces. Announced Thursday, blockchain-based data monetization startup Ocean Protocol is teaming up with Balancer Labs to create the first automated market maker (AMM) for data. Ocean Protocol is about helping people and businesses unlock data and monetize it, spreading the benefits of data and AI beyond the handful of organizations that hoard, control and get rich from it. Creating efficient da Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,586,160,669 - Hash Rate: 131538738.5382301 - Transaction Count: 316552.0 - Unique Addresses: 684217.0 Social & AI Sentiment: - Fear & Greed Index: 0.39 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Expobank, the former Russian subsidiary of global investment bank Barclays, has followed Silvergate and issued a loan that uses tokens, in this case, WAVES, as collateral. The loan was made to an entrepreneur and tax consultant, Mikhail Uspensky, who bought WAVES in 2018 for a planned initial coin offering (ICO). When that fell through he tried staking them, before ultimately deciding to negotiate a token-collateralized loan with Expobank – who, it turns out, was receptive to experimenting with new loan issuances. The tokens are now being held by a third-party notary. The loan amount, as well as the terms of the agreement, have not been disclosed. Related: Russia's New Blockchain Elections Remain Centralized Barclays acquired Expobank for $745 million, months before the 2008 financial crisis. The new Russian subsidiary failed to gain much traction in its home market and the U.K. investment bank sold it on to notable local banker Igor Kim for an undisclosed sum in early 2019. See also: Banks in US Can Now Offer Crypto Custody Services, Regulator Says Expobank’s dabble in token collateralized loans comes after Silvergate said it had issued a total of $22.5 million worth of loans collateralized by bitcoin in July. The California-based bank only started offering them to clients in January. Just a few weeks ago, Russia passed a law , which comes into force in January, that will regulate centrally issued digital securities and also defined cryptocurrencies as a form of taxable property that can’t be used as a payment method. Related: Russia, With Bitcoin Playing Bit Part, Tried to Hack 2016 US Election, Senate Report Finds A bank spokesperson told CoinDesk the test had been successful and they would watch regulatory trends to estimate future demand for these products. See also: Coinbase to Offer Bitcoin-Backed Loans to US Customers The move might help make Expobank more attractive to borrowers and help push it up Russia’s banking rankings: it’s loan portfolio currently languishes at 54 nationwide. Related Stories Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move. Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0. Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726. In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Chainlink led the way, surging by 29.25%. Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains. Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%. This Morning At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however. Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 25th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 25th, 2020 Natural Gas Price Forecast – Natural Gas Continues to Show Strength Asia Pacific Indexes Chase Wall Street Higher in Early Trade on Friday Crude Oil Price Forecast – Crude Oil Markets Still Quiet E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Watching 26685 – 26714 into Close', 'Bitcoin, BTC to USD, rallied by 4.75% on Thursday. Reversing a 2.72% fall from Wednesday, Bitcoin ended the day at $10,754. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,222.0 before making a move. Steering clear of the first major support level at $10,092, Bitcoin rallied to a late intraday high $10,842.0. Bitcoin broke through the first major resistance level at $10,495 and the second major resistance level at $10,726. In spite of a bearish end to the day, Bitcoin avoided a fall back through the second major resistance level. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Thursday. Chainlink led the way, surging by 29.25%. Binance Coin (+7.75%), Cardano’s ADA (+7.98%), and Ethereum (+8.89%) also saw solid gains. Bitcoin Cash ABC (+4.10%), Bitcoin Cash SV (+4.08%), Crypto.com Coin (+0.07%), Litecoin (+4.66%), Polkadot (+4.16%), and Ripple’s XRP (+5.23%) saw relatively modest gains on the day. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $320.94bn. Bitcoin’s dominance fell to a Monday low 60.89% before rising to a Wednesday high 62.31%. At the time of writing, Bitcoin’s dominance stood at 61.68%. This Morning At the time of writing, Bitcoin was down by 0.21% to $10,731.0. A mixed start to the day saw Bitcoin rise to an early morning high $10,774.0 before falling to a low $10,708.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Binance Coin (+0.40%), Cardano’s ADA (+3.12%), Crypto.com Coin (+2.05%), and Chainlink (+0.38%) bucked the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Bitcoin Cash SV was down by 1.50% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the $10,606 pivot level to support a run at the first major resistance level at $10,990. Support from the broader market would be needed, however, for Bitcoin to break out from Thursday’s high $10,842.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $11,200 before any pullback. The second major resistance level at $11,226 would likely cap any upside, however. Failure to avoid a fall through the $10,606 pivot would bring the first major support level at $10,370 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level sits at $9,986. This article was originally posted on FX Empire More From FXEMPIRE: The Crypto Daily – Movers and Shakers – September 25th, 2020 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 25th, 2020 Natural Gas Price Forecast – Natural Gas Continues to Show Strength Asia Pacific Indexes Chase Wall Street Higher in Early Trade on Friday Crude Oil Price Forecast – Crude Oil Markets Still Quiet E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Watching 26685 – 26714 into Close', 'In the latest effort to streamline cryptocurrency regulations in the U.S.,\xa0House Agriculture Committee Ranking Member Michael Conaway (R-Texas) introduced new legislation on Thursday. The Digital Commodity Exchange Act of 2020 (DCEA) would consider cryptocurrencies as a unique asset class and would be monitored by the Commodity Futures Trading Commission. Conaway commented that\xa0the legislation\xa0"provides a clear path forward to improve the regulation of digital commodities.\x94 What Happened: By classifying digital assets into a legal category of its own, DCEA aims at enhancing the regulatory approval framework for cryptocurrency trading platforms. Currently, cryptocurrency exchanges have to navigate multiple state and federal laws which is detrimental for new entrants in the market. According to CoinDesk, this act will treat digital assets like Commodities, and would also have provisions to facilitate fundraising through certain types of Initial Coin Offerings. Why Does It Matter: The DCEA mechanism will allow cryptocurrency\xa0exchanges to operate under the federal jurisdiction by enhancing legal clarity as exchanges would not have to apply for individual money transfer licenses from each state. Exchanges may also be required to maintain customer\x92s assets with a licensed digital custodian. From the governance perspective, this act also demarcates the jurisdiction for token offerings between the Securities and Exchange Commission and the CFTC. CoinDesk reported that although the SEC will maintain a pre-sales oversight and the CFTC will take over the supervisory role once the network is launched. Price Action: Bitcoin traded 3.9% higher at $10,699.60 at press time on Friday. See more from Benzinga In A First, Cryptocurrency Exchange Gets US Banking Charter © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'In the latest effort to streamline cryptocurrency regulations in the U.S.,\xa0House Agriculture Committee Ranking Member Michael Conaway (R-Texas)introducednew legislation on Thursday.\nThe Digital Commodity Exchange Act of 2020 (DCEA) would consider cryptocurrencies as a unique asset class and would be monitored by the Commodity Futures Trading Commission. Conawaycommentedthat\xa0the legislation\xa0"provides a clear path forward to improve the regulation of digital commodities.”\nWhat Happened:By classifying digital assets into a legal category of its own, DCEA aims at enhancing the regulatory approval framework for cryptocurrency trading platforms. Currently, cryptocurrency exchanges have to navigate multiple state and federal laws which is detrimental for new entrants in the market. According to CoinDesk, this act will treat digital assets like Commodities, and would also have provisions to facilitate fundraising through certain types of Initial Coin Offerings.\nWhy Does It Matter:The DCEA mechanism will allow cryptocurrency\xa0exchanges to operate under the federal jurisdiction by enhancing legal clarity as exchanges would not have to apply for individual money transfer licenses from each state. Exchanges may also be required to maintain customer’s assets with a licensed di Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,273,281,109 - Hash Rate: 162263115.42307216 - Transaction Count: 353070.0 - Unique Addresses: 741029.0 Social & AI Sentiment: - Fear & Greed Index: 0.46 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s price is trending down and an Ethereum competitor is entering the DeFi race this weekend. • Bitcoin(BTC) trading around $11,579 as of 20:00 UTC (4 p.m. ET). Slipping 2.4% over the previous 24 hours. • Bitcoin’s 24-hour range: $11,348-$11,919 • BTC below 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin’s price was able to rally to as high as $11,917 Friday before losing momentum, falling back into the $11,500 range. “Over the past day, bitcoin tested the level of $11,900 but it did not succeed, and BTC slipped,” said Constantine Kogan, partner at crypto fund of funds BitBull Capital. Read More:Fixing This Bitcoin-Killing Bug Will (Eventually) Require a Hard Fork Related:Bitcoin Transaction Fees Dropped 58% Last Week as Congestion Eased Bitcoin and gold continue to trade together. Gold is also down Friday, in the red 1.6% and at $2,030 as of press time. “The gold/BTC correlation is at an all-time high right now,” said Daniel Koehler, liquidity manager for cryptocurrency exchange OKCoin. “The one-month correlations between BTC and gold have seen a significant spike over the past two weeks, currently sitting at about 67%,” he added. One downward trending day is not altering optimism about the crypto market, added Koehler. “With bitcoin following gold as a store of value, and DeFi pushing ETH, the excitement is palpable in the trading community right now.” John Willock, CEO of digital asset liquidity provider Tritum, agrees. “Sentiment in the market is highly buoyant and generally positive market news is increasing confidence and aggression in positioning,” he said. “I expect to see bitcoin bounce back quickly to $12,000 with ether to $400 this weekend.” The second-largest cryptocurrency by market capitalization (ETH),ether,was down Friday, trading around $347 after slipping 4.6% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Related:Bitcoin Suddenly Drops by $500 After Passing $12K [Updated] Read More:Polkadot Releases Rococo, Test Environment for Interoperable ‘Parachains’ Smart contact platform Cardano intends to start producing proof-of-stake (PoS) mainnet blocks this weekend. Ethereum’s switch to PoS from its current proof-of-work setup is expected sometime by the end of the year. Since the start of 2020, Cardano’s token,ada, has seen a market capitalization increase from $1 billion to $4.5 billion, according to CoinGecko. The platform, a competitor to Ethereum, has taken a methodical approach towards launchingand now has 770 pools staking almost 20% of ada supply. George Clayton, managing partner of Cryptanalysis Capital, is looking forward to watching Cardano in the DeFi race, as smart contract capabilities for building decentralized applications on the platformare expected to launch later in 2020. “The transition to PoS mainnet is complete but stake pools do not start producing blocks until Aug. 8,” he said. “Very interested to see what happens with Cardano; that’s a big moment for the protocol.” Digital assets on theCoinDesk 20are mostly in the red Friday. One notable winner as of 20:00 UTC (4:00 p.m. ET): • chainlink(LINK) + 0.62% Read More:Kyber CEO Predicts 2020 Transactions at $3B as DeFi Token Soars Notable losers as of 20:00 UTC (4:00 p.m. ET): • zcash(ZEC) – 8.1% • tezos(XTZ) – 7.4% • dash(DASH) – 7.4% Read More:Ethereum Classic Attacker Double-Spends $1.68M in Second Attack Equities: • In Asia, the Nikkei 225 closed in the red 0.39% asweak corporate earnings spurred profit taking ahead of a three-day weekend in Japan. • In Europe, the FTSE 100 ended the day flat, in the green 0.09%. asU.S. tensions with China countered better-than-expected job numbers. • In the United States, the S&P 500 lost 0.40% asprogress slows on negotiations for fresh coronavirus economic stimulus. Read More:NBA’s Spencer Dinwiddie, Andre Iguodala Join Dapper Labs $12M Funding Commodities: • Oil is down 1%. Price per barrel of West Texas Intermediate crude: $41.51. Read More:Binance Says NY Banks Can Now Use Its Stablecoin After Approval Treasurys: • U.S. Treasury bonds all climbed Friday. Yields, which move in the opposite direction as price, were up most on the 10-year, in the green 5.4%. Read More:Privacy Group Slams California Bill Putting Health Records on Blockchain • Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move • Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move... - Reddit Posts (Sample): [['u/mermaiddiva26', 'Need help deciding what to do with a windfall', 74, '2020-09-25 00:50', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/', "So the bottom line is I found an old bitcoin wallet from 7 years that I forgot about and it has ~500 bitcoin on it. Approximate USD value is about $5.3M. \n\nHere is my current budget:\n\nMortgage: none, house is paid off\n\nGym: $175/month\n\nBirth control: $50/month\n\nHealth insurance: none, I'm only 25 years old lmao\n\nGuinea pig food: $200/month\n\nI don't actually need any help. Just wanted to rub in the fact that I'm richer, younger, and hotter than you. Thanks in advance!", 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/', 'iz7q1o', [['u/getrichordietrying_w', 22, '2020-09-25 01:49', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6he5f6/', 'Im willing to fuck your wife. Hope that answers your question and good luck! Happy for your windfall!', 'iz7q1o'], ['u/seasix732', 61, '2020-09-25 02:15', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hgpeo/', 'Maybe with the windfall you can switch you food to something other than guinea pigs.', 'iz7q1o'], ['u/ruhrh', 28, '2020-09-25 03:08', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hm6gg/', 'Have you considered planet fitness? Its only ten dollars a month. You can shower there. And they have pizza fridays', 'iz7q1o'], ['u/the_disintegrator', 17, '2020-09-25 03:53', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hqvj3/', 'what else would you do with it? Come on man - obviously you use it to make lentil flour.\n\nEdit: Oh I thought you said windmill', 'iz7q1o'], ['u/subjugatedfantasy', 26, '2020-09-25 03:55', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hr50i/', 'Legitimately had to talk some guy down from living in his van and showering at planet fitness in leanfi the other day. Wtf', 'iz7q1o'], ['u/subjugatedfantasy', 16, '2020-09-25 03:57', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hrcua/', 'This is a crazy meta post because OP is actually hot', 'iz7q1o'], ['u/mermaiddiva26', 12, '2020-09-25 04:01', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hrpo6/', "I'm 25F irl but no one believes me because this is reddit", 'iz7q1o'], ['u/mermaiddiva26', 12, '2020-09-25 04:05', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hs6o7/', '\\uj Everything about my budget is true (including not having health insurance) except the part about my mortgage being paid off.', 'iz7q1o'], ['u/lush_rational', 17, '2020-09-25 04:10', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6hsoo6/', 'Only acceptable pet is a bearded dragon.\n\nOP: I suggest you buy a bunch of candles.', 'iz7q1o'], ['u/kadsmald', 12, '2020-09-25 07:03', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6i8zu0/', 'Yes, guinea pig is far inferior to gerbil meat. It’s like comparing run of the mill sirloin to wagyu ribeye.\n\nEdit: pours wouldn’t know this, but wagyu beef is like really really good beef.', 'iz7q1o'], ['u/rivenn00b', 12, '2020-09-25 11:54', 'https://www.reddit.com/r/PFJerk/comments/iz7q1o/need_help_deciding_what_to_do_with_a_windfall/g6irj10/', 'It isnt as bad as you might think. Worst part for me was finding places to shit during the day', 'iz7q1o']]], ['u/forknomore', 'Tim Draper has Bitcoin Cash in his portfolio.', 28, '2020-09-25 01:02', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/', '[https://cointelegraph.com/news/bitcoin-bull-tim-draper-reveals-the-secrets-of-his-altcoin-portfolio](https://cointelegraph.com/news/bitcoin-bull-tim-draper-reveals-the-secrets-of-his-altcoin-portfolio)\n\nI wonder the next move of liar falsely confirming his twitter hack. He would have confirmed that his portfolio had been hacked by Roger Ver.', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/', 'iz7wwf', [['u/1MightBeAPenguin', 10, '2020-09-25 02:46', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6hjvbv/', 'Tim Draper is more ideologically aligned with Bitcoin Cash than Bitcoin. If you look at his previous talks about Bitcoin, he valued how easy it was to use and how it might even be better than credit cards in the future.', 'iz7wwf'], ['u/jbrev01', 14, '2020-09-25 03:54', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6hqz4x/', 'He deleted it because the blockstream mob started to attack him and accuse of him promoting a scam.', 'iz7wwf'], ['u/1MightBeAPenguin', 10, '2020-09-25 04:29', 'https://www.reddit.com/r/btc/comments/iz7wwf/tim_draper_has_bitcoin_cash_in_his_portfolio/g6humup/', 'Lol he deleted the tweet because he faced backlash. Roger Ver has talked to him and he has a good holding in Bitcoin Cash. Not to mention that he mumbled himself when he talked about "doing his own research". There are no security issues in Bitcoin Cash lmao.\n\nHe clearly supported Bitcoin being fast, cheap, and reliable back when Lightning Network wasn\'t a thing, so it was clear he was talking about on-chain transactions. So yes, he\'s more ideologically aligned with Bitcoin Cash.', 'iz7wwf']]], ['u/Brothanogood', 'PayPal vs Square: Which Fintech Stock Is A Better Buy?', 47, '2020-09-25 03:15', 'https://www.reddit.com/r/stocks/comments/iza2r0/paypal_vs_square_which_fintech_stock_is_a_better/', 'The COVID-19 pandemic is accelerating digitalization and has led to a spike in online transactions and e-commerce sales. According to PayPal, the penetration of e-commerce as a percentage of retail sales in the first half of 2020 outpaced prior external forecast by 3 to 5 years. Both consumers and merchants are increasingly adopting digital payments as contactless transactions have become increasingly important amid the current crisis.\n\nThe rapid penetration of digital payments led to double-digital revenue growth in the second quarter for PayPal and Square. Using the TipRanks Stock Comparison tool, we will place these two fintech payment firms alongside each other to assess which stock offers a more compelling investment opportunity.\n\nPayPal Holdings (PYPL)\n\nPayPal, which was spun off from eBay in 2015, has emerged as the digital payment leader. In the second quarter, PayPal added 21.3 million net new active accounts, reflecting a 137% Y/Y rise and marking the strongest growth in the company’s history thanks to a surge in e-commerce and digital payments. As of the end of 2Q, PayPal had 346 million active accounts with over 26 million merchant accounts.\n\nThe company’s 2Q revenue surged 22.2% Y/Y to $5.26 billion. And adjusted EPS rose 49% to $1.07 as the adjusted operating margin expanded 504 basis points to 28.2%. Total Payment Volume or TPV, which indicates payments processed through the PayPal platform, grew about 29% to $222 billion. Venmo, Paypal’s mobile payments platform, witnessed a 52% growth in its TPV to $37 billion.\n\nFollowing the strong 2Q momentum, PayPal reinstated its 2020 guidance and in fact, raised it. The company expects revenue growth of 20% and adjusted EPS growth of about 25%. It anticipates adding 70 million net new active accounts this year.\n\nTo boost its top-line further and promote touchless payments, PayPal launched QR Code technology in 28 markets globally in May. CVS Pharmacy will be the first retail chain to offer its customers the option to use PayPal and Venmo QR codes at checkout in its US stores. The company will also launch Venmo credit card this year.\n\nPayPal has also expanded its Visa Direct partnership globally to accelerate real-time access to funds for small businesses, consumers and partners across its platform. This collaboration enables PayPal to extend global white label Visa Direct payout services through PayPal and its Braintree, Hyperwallet and iZettle platforms.\n\nOn Sept. 22, Mizuho Securities analyst Dan Dolev reiterated a Buy rating for PayPal with a price target of $285 as the Mizuho E-Commerce Tracker showed that unique views across key PayPal partner sites (like Etsy, Groupon and Wayfair) remained strong in July and August and also pointed to potential signs of life in the beleaguered travel category.\n\nThe Tracker also indicated that PayPal’s unique views continued to grow ahead of partner websites in the last two months, reflecting persistent share gains for the checkout button. Overall, the analyst expects strong July and August e-commerce trends coupled with share gains to bode well for the company’s second-half TPV. (See PYPL stock analysis on TipRanks)\n\nPayPal stock has rallied about 74% year-to-date and could rise further by 17% in the coming months as indicated by the average analyst price target of $219.77. The stock scores a Strong Buy consensus based on 28 Buys, 5 Holds and no Sell ratings.\n\nSquare (SQ)\n\nPayment facilitator Square is growing rapidly as consumers and businesses are migrating online at a faster pace amid the pandemic. From February through August 2020, there was a 13.2 percentage point increase in the share of Square sellers accepting online payments and by August, over 40% of all Square sellers were accepting online payments. Also, by August, more than 7 in 10 Square sellers were accepting contactless payments.\n\nThe company’s Cash App ecosystem delivered $1.2 billion in revenue in the second quarter, reflecting a whopping 361% Y/Y growth. The Cash App had over 30 million monthly transacting active customers in J... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['NEW YORK, NY / ACCESSWIRE / September 25, 2020 /New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V)\nThis show Number 139 for " New To The Street" marks the 10thyear anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso.\nThrough the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder.\nIn addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28that 1030pm pst.\nFetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks.\nFetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," saidHumayun Sheikh CEO and Founder of Mettalex. "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index."\nSomee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing.\n1. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information.\n2. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions.\n3. Global scale; a platform designed to connect and support humanity through "Social for a Cause."\nSoMee is generating a lot of interest in the crypto and social worlds. Why? Because it\'s combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media.\nJane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid users of this novel platform to gather their perspectives.\nPeter Ivanovhas been featured in ABC\'s episodic TV series "In An Instant" and recently completed filming an independent feature.\nBejo Dohmenis known for several TV shows in Germany such as his latest upcoming pilot "Ready to Rumble" and has also won several awards through the 2020 Academy Award-qualifying, best live-action short film "Kommando 1944."\nNick Dong-Sikis known for "Charlie\'s Angels", "Iron Sky", "Within the Whirlwind", and Netflix\'s "Marco Polo", while working alongside A-list actors and is currently working on the German TV series "Helen Dorn".\nDiscussing everything from how SoMee functions to how the platform may serve artists, Peter, Bejo, and Nick provide their two cents. Here\'s what we\'ve found out:\nSoMee is a blockchain-based, social media platform aimed at evolving the social media community. With a focus on security and monetization, SoMee offers something other platforms like Facebook, Twitter, or Instagram can\'t; control. Users are now provided with an outlet for their content and data which protects and respects each user\'s right to control their information and posts, without worry of having information sold.\nNot only that, but the users now also have the option to monetize effectively. How? Through community interaction. Currently, users are posting on other platforms and receiving "likes" and "shares", but that\'s it. Unless you reach "influencer" or "celebrity" status on these platforms and somehow strike a deal with various brands or entities, all you receive is attention in the form of "likes" and "shares." Even if your post goes viral, you may reach a ton of viewers, but still, nothing may come of it.\nThis is where SoMee comes in. Now, users have the ability to monetize those likes directly, and you don\'t have to be an "influencer" or "celebrity." If you come up with something cool, creative, or viral, and people take notice, boom; rewarded.\nIn the interview, Bejo Dohmen also comments on the potential of this system by mentioning that artists could even have a chance to introduce an idea and gain funding through community support. He loves the idea that SoMee allows him to help people with a simple "upvote" which could potentially change someone\'s life.\nAnother important point was made by Peter Ivanov when he mentions "Social for a Cause"; SoMee\'s growing, philanthropic effort to bring the world together by increasing the awareness and assistance of those struggling and in need all around the globe.\nSoMee operates on a global scale, so users from around the world have the opportunity to interact with each other. Not only does it connect everyone, but it also provides an opportunity to help users who may be located in fallen economies, war-torn locations, or third-world areas.\nNick Dong-Sik likes to compare SoMee\'s ONG1 to Bitcoin, stating that he remembers when Bitcoin began, but never seized the opportunity, feeling like he "missed out," but now he\'s happy to be onboard with SoMee from the beginning.\nSoMee is dedicated to taking the social media space to the next level by providing monetization, control, and global community interaction like we\'ve never seen before. The actors all agree that SoMee is the next big thing and is full of potential.\nNow is the chance to join the community which could change your life and the lives of anyone anywhere anytime. Don\'t miss out!\nNativeCoin (N8V) Jeff Johnson COO discusses powerful new partnerships in their new extended series .\n" NativeCoin has a new partnership coming that will help Indian Country in ways never before thought Possible" stated Jeff Johnson COO\nFerrum:"Ferrum Network is incredibly proud to be partnering with NativeCoin in order to make crypto easy and valuable for their users. Ferrum\'s Link Drop technology means sending crypto is as easy and secure as sending an email. And our Staking technology means users can earn high yields simply for staking NativeCoin in their wallet. Together we look forward to making crypto easy, valuable and useful for millions of people!" Stated CEO Ian Friend.\nSOLOGENIC (SOLO) Featuring Co-Creator Bob Ras who is also the CEO of Coinfield."One of the many problems Sologenic is solving is providing access to the global financial markets using Blockchain technology. We\'re creating a Hybrid DeFi ecosystem allowing users from different parts of the world to trade and tokenize over 40K+ assets from 30 global stock exchanges within a regulatory framework inside the EU. The tokenization also creates a unique opportunity for users to trade a fraction or full amount of any stock and spend them in real-time via SOLO Cards." Bob Ras, The Co-Creator of Sologenic\nAbout FMW MediaFMW Media Corp. operates one of the longest-running U.S and International sponsored programming T.V. brands "NewToTheStreet,http://www.NewtotheStreet.comand its blockchain show "Exploring The Block."http://www.ExploringTheBlock.com.Since 2009, these brands run sponsored media formatted shows across three major U.S. Television networks. The TV platforms reach over 540 million homes both in the US and international markets.\nTwitter @NewtotheStreet @ExploringBlock\nCONTACT:For FMW Media:Bryan [email protected]\nPress Contact:Christopher [email protected]\nSOURCE:FMW Media Works Corp\nView source version on accesswire.com:https://www.accesswire.com/607917/NEW-TO-THE-STREET-to-broadcast-Show-139-Tomorrow-6-PM-est-on-Bloomberg-Television', 'NEW YORK, NY / ACCESSWIRE / September 25, 2020 / New To The Street "Exploring The Block" is pleased to be broadcasting on Bloomberg Saturday 9/26 6 PM est. Featuring fetch.ai (FET) ,Somee.social (ONG), Sologenic (SOLO), and NativeCoin(N8V) This show Number 139 for " New To The Street" marks the 10 th year anniversary producing top business content for the largest television networks on the globe stated Creator and Co-Founder Vince Caruso. Through the years we have seen our show result in partnerships, market cap appreciation, and overall company growth for our clients totaling over a billion dollars stated Stephen Simon President and Co-Founder. In addition to Bloomberg broadcast Saturday this show will also broadcast in its entirety on Fox Business Network Monday, September 28 th at 1030pm pst. Fetch.ai is broadcasting its third interview and scheduled to film its fourth in series in the upcoming weeks. Fetch.ai discusses "Mettalex is offering something that is not possible within traditional markets," said Humayun Sheikh CEO and Founder of Mettalex . "On Mettalex, traders will be able to create tokenized spread contracts for some of the most in-demand commodities on the market with USD/BTC/ETH pairs. At launch, we will support spreads on traditional and digital commodities like compute cycle price, gas costs, cloud compute and more traditional commodities like steel and iron ore, gold and silver, lithium and cobalt, oil, and the stock market index." Somee.social (ONG) will be appearing in their 4th interview. Actors for Somee discussing. Protecting Data & Content; using Blockchain & Crypto technology, SoMee allows users to post securely without worry of sold information. Gamified and Monetizable; SoMee provides the ability to receive rewards for your actions. Global scale; a platform designed to connect and support humanity through "Social for a Cause." SoMee is generating a lot of interest in the crypto and social worlds. Why? Because it\'s combining the latest groundbreaking blockchain technology with the most popular way people interact in the modern age; social media. Story continues Jane King sits down (virtually) with actors Peter Ivanov, Bejo Dohmen, and Nick Dong-Sik who are avid Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,273,281,109 - Hash Rate: 144020516.64769718 - Transaction Count: 276162.0 - Unique Addresses: 591249.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’sLightning Networkset a record high Monday as total capacity held in the protocol’s payment channels – sometimes referred to as “total value locked” (TVL) – reached $12.4 million. • Two weeks ago, Lightning set the prior high of $12.37 million, surpassing the long-standing previous mark of $12.3 million that was reached in early July 2019 and lasted for 405 days. • Bitcoin’sprice appreciation has certainly helped boost Lightning’s TVL as the bellwether cryptocurrency has gained more than 30% since July. • The total number of bitcoins held on Lightning sits at 1,060, up 24% so far this year, but still remains below the record high of 1,105 BTC set in early May 2019. • Compared with the tens of millions of dollars pouring into Ethereum and related protocols because of thedecentralized finance craze, Lightning’s growth may seem slow, but a variety of data underscores the network’s steady increase in activity. • The number of publicly broadcasting nodes, for example, has steadily increased throughout the entire lifetime of the protocol. Currently more than 7,600 nodes are connected to payment channels, up 55% from January. • In August, Lightning’s node count grew 26%, adding 1,581 nodes, representing the largest monthly percentage growth since April 2018 and the largest real monthly growth ever. • Lightning Labs, the company building the most popular implementation of Lightning, LND, further quantified the network’s growth in atweetshared earlier in August. Over 70 companies are currently building on LND, the company said. Read more:Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally • Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally... - Reddit Posts (Sample): [['u/Mersyanchez', "Who also got a feeling after today's AMA that Swipe's own cardholders are disadvantaged? Especially ones from EU", 27, '2020-09-26 00:24', 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/', "This answer during today's AMA got me thinking:\n\n&#x200B;\n\nhttps://preview.redd.it/djogg3cm7dp51.jpg?width=829&format=pjpg&auto=webp&s=00fc5fb701e282339f648eee1a485d8fad3990e5\n\nCorrect me if I am wrong, SXP tokens play the role of gas for paying the network fees. Network fees occur when conversions happen. If Joselito was to introduce fiat wallets as source of funds for the cards, then buying a 3 euro cup of coffee would deduct 3 euros from the fiat wallet, therefore no fees would be generated (same currency, fiat to fiat) and SXP token would be left redundant. If any crypto was used as source of funds, then a conversion would happen , therefore some (hopefully small) fees would occur.\n\nI guess this is the reason why JL doesn't want to introduce fiat wallets. Again, correct me if I am wrong.\n\nBut to me (who has a Steel tier card) that means that I will not be able to comfortably use the card. I am based in EU and EU seems to be Swipe's most active market according to the description on their website:\n\nhttps://preview.redd.it/6ra0v0hk7dp51.jpg?width=885&format=pjpg&auto=webp&s=7f9959353b14729175fa13fcffd52bef7891ac22\n\nIf to summarize, I have two problems with this:\n\n* crypto is not at the point right now where users could comfortably use it as mean of payment for everyday goods, it's highly volatile. Few die-hard fans would definitely use it and buy coffee with BTC, but good luck to them filing tax forms at the end of the tax year. The masses would avoid it due to volatility and tax concerns;\n* the argument that the stablecoins (which are still considered regular crypto and still have to be filled in tax forms - at least in Germany) does not help much the users from EU since there are no Euro-pegged stablecoins out there except the obscure and nothing but stable Stasis Euro.In the ideal world I want to deposit part of my Euro paycheck to Swipe card and use it for paying for groceries without worrying about the current USD / EUR exchange rate, which fluctuates easily by 5% within a month. The point of having 4% BTC cashback is undermined by potential losses from currency conversion and exchange rate fluctuations.\n\nAnd now one more of Joselito's answers which left me even more sad:\n\nhttps://preview.redd.it/1algdqmgadp51.jpg?width=849&format=pjpg&auto=webp&s=c433ad73f64a8c87d323751eb4385bf9ea973ed7\n\nHe says SXP is much more useful for on-chain staking. Of couse it is now so, since for the locked tokens which I can't access (therefore can't trade them and speculate on tokens' price like 90% of Swipe's Telegram group does) I would earn 6 to 12% interest (I am still unable to understand who gets 6 and who gets 12), while the flexible withdraw-any-time on-chain stakers receive over 20%.\n\nAnd it seems even quite weird how Joselito highlighted this fact in his answer, as if he intentionally wanted to discourage users from ordering cards and use the idle tokens for staking on-chain instead. Why can't Swipe use cardholders' frozen deposits for staking on-chain and pay them same interest to them (or better higher due to the inability to withdraw the stake at any moment) is also a mystery to me.\n\n&#x200B;\n\nSo my very long question/suggestion at the very end of the AMA thread (where I asked Joselito not to lose focus on loyal cardholders - seriously, we voluntarily locked significant funds for half a year at least!) was left unanswered. However I think the two answers above provide all the necessary information... :(I think I mentioned pretty obvious problems with the card product that not only I should see.\n\nAgain, please correct me if I am wrong.", 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/', 'izthtx', [['u/JoselitoLizarondo', 11, '2020-09-26 20:09', 'https://www.reddit.com/r/Swipe_io/comments/izthtx/who_also_got_a_feeling_after_todays_ama_that/g6pdz2s/', 'Just one quick point. I think you missed this part:\n\n>Are there any new infos about using the Binance UI for Swipe card users? \nAnswer: There will be a migration of Swipe Cards to the [Binance.com](http://binance.com/) Card UI so that you can use your Binance funds in real time with your Swipe branded Debit Card. After this migration occurs, Swipe Cards can be ordered directly on Binance.com. *There will be a strong promo for this when his switch happens in the next 30–60 days for Swipe users.*\n\nLoyal Swipe cardholders whom staked SXP will be in for a nice treat within that time period. All your concerns have merit to them and I have taken personal note of this issue and have a resolution plan for this. Once everything is finalized we will make an announcement.\n\nThanks, \nJL', 'izthtx']]], ['u/stackingsatseveryday', 'China is a threat to bitcoin?', 42, '2020-09-26 01:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/', "I understand that 51% Attack is very costly and probably won't probably much financial incentive to the one who orchestrates it. I came across this blog post called [How China can kill bitcoin](http://galgitron.net/Post/How-China-Can-Kill-Bitcoin) and thought that the author does have quite a good point (despite the tone of the blog post). He argued that the top 4 Chinese mining pools alone represent more than 51% of the hashrate and if the Chinese government are to forcibly commandeer these top 4 mining pools (without having to buy new mining equipment) then they can easily orchestrate the 51% attack within an hour and a double-spend would have been successful. \n\n\nA few questions:\n\n1. If this all is true, wouldn't you say that China is quite a big threat to the existence of bitcoin? Isn't this something we should be more worried about? (it seems that most of bitcoin community just assumed that no one will attempt the 51% attack and it has been debunked many times). I don't know what could be the incentives for China to do this (cracking down money laundering?) but does the fact that they could do this if they want to concern you?\n2. Will bitcoin mining be more decentralized (esp away from China) in the future? It seems that miners should go wherever there is cheap electricity, why haven't more countries jumped in?\n3. Can anyone comment about [Stratum V2](https://www.stratumprotocol.org/#binary)? Will it help address the problem by giving the control to miners o select their own transaction sets? When will it be ready?", 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/', 'izujwv', [['u/bitusher', 29, '2020-09-26 01:53', 'https://www.reddit.com/r/BitcoinBeginners/comments/izujwv/china_is_a_threat_to_bitcoin/g6l689i/', ">Will bitcoin mining be more decentralized (esp away from China) in the future?\n\nMoores cliff means old ASICs do not become obsolete as quickly. ASICs are already down to 5nm , to put things in perspective Intels most expensive retail chips are still at 14nm , there really isn't that much more room for BTC ASICs to shrink which means decentralization of mining . There are also many fundamental misunderstandings people have towards the advantageous and disadvantageous in industrial mining.\n\nA few things you need to understand about mining -\n\nChipmakers like TSMC and Samsung as 2 examples are the ones that are commissioned to make most ASIC chips(not the full assembled ASIC miner) based upon designs from Bitcoin ASIC manufactures. These foundries are involved in diverse chip making and obviously aren't directly involved in Bitcoin or its politics but fulfilling large orders from whoever commissions them.\n\nThe most popular ASIC manufacturers for Bitcoin right now are Whatsminer, Innosilicon, Bitmain, Caanan, Ebit, and Ebang. Many more ASIC manufacturers exist but they come and go based upon merit in a highly competitive race. For example Bitfury used to be one of the best manufacturers , and now has very little market share. Bitmain used to dominate , and than made some poor design decisions (lead engineer left them) and now competes with at least 4 others for the most efficient ASICs. This is a highly competitive and changing ecosystem.\n\nLarge miners main advantage is economies of scale over smaller miners. If you are an ASIC manufacturer you have large advantage over others because you can premine off your newest hardware and sell you last generation ASICs to others. This does occur , but is simplistic view and not the full picture. The reality is ASIC manufacturers Sell their newest ASICs with partners for industrial mining , sell their latest hardware to smaller miners for a premium, and mine themselves, while at the same time selling older ASICs on the market. Why do they do this? Because ASIC manufacturing is highly competitive and they need to hedge their investments as quickly as possible and de-risk from regulatory concerns as well.\n\nAmateur mining doesn't come with many risks of manufacturers who come and go (they are forced to make huge investments in ASIC orders and have long development pipelines fraught with risks)\n\nAmateur mining does not have the overhead of employees , security, regulatory compliance, building costs, tax liabilities , etc...\n\nNow here is what is interesting, this last generation of ASICs that went from 7nm to 5nm in size did not have the same efficiency jumps as previous drops. This is because 5nm is already at the edge of what can be done with silicone, we can possibly shrink down to 2-3nm but it gets extremely difficult as the gates start to get the size of a few atoms wide and quantum concerns and heat become a very big concern.\n\nWhy is any of this important?\n\nIn the past when ASICs wen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move. Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0. Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red. Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way. Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn. Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%. This Morning At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on. Story continues It was a relatively bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 0.56% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however. Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy The Weekly Wrap – Economic Datta and COVID-19 Hit Riskier Assets NZD/USD Forex Technical Analysis – Weakens Under .6540, Strengthens Over .6590 Gold Weekly Price Forecast – Gold Markets Have a Rough Week US Stock Market Overview – Stocks Rise as Nasdaq Closes Positive for the Week Silver Weekly Price Forecast – Silver Markets Collapsed', 'Bitcoin, BTC to USD, rose by 0.39% on Saturday. Reversing a 0.41% loss from Friday, Bitcoin ended the day at $10,750.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,675.0 before making a move. Steering clear of the first major support level at $10,601, Bitcoin rallied to a mid-morning intraday high $10,841.0. Bitcoin broke through the first major resistance level at $10,795 before falling back to sub-$10,700 levels and into the red. Finding late support, Bitcoin struck a late afternoon high $10,795.0 before easing back. The first major resistance level at $10,795 pinned Bitcoin back late in the day. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin and Bitcoin Cash SV rallied by 6.07% and by 5.32% respectively to lead the way. Bitcoin Cash ABC (+2.55%), Ethereum (+0.57%), and Litecoin (+0.07%) also found support. It was a bearish day for the rest of the majors, however. Cardano’s ADA (-1.67%), Chainlink (-3.83%), Crypto.com Coin (-0.06%), Polkadot (-2.35%), and Ripple’s XRP (-0.06%) struggled. In the current week, the crypto total market rose to a Monday high $334.04bn before sliding to a Wednesday low $300.97bn. At the time of writing, the total market cap stood at $324.93bn. Bitcoin’s dominance rose to a Wednesday high 62.31% before falling to a Saturday low 60.81%. At the time of writing, Bitcoin’s dominance stood at 61.09%. This Morning At the time of writing, Bitcoin was up by 0.02% to $10,752.0. A range-bound start to the day saw Bitcoin fall to an early morning low $10,748.1 before rising to a high $10,754.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Chainlink (-0.41%), Ethereum (-0.01%), Litecoin (-0.09%), and Polkadot (-0.25%) struggled early on. Story continues It was a relatively bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 0.56% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to move through the $10,755 pivot level to support a run at the first major resistance level at $10,836. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,800 levels. Barring an extended crypto rally, the first major resistance level and Saturday’s high $10,841 would likely cap any upside. In the event of a crypto breakout, Bitcoin could test resistance at $10,900 before any pullback. The second major resistance level at $10,921 would likely cap any upside, however. Failure to move through the $10,755 pivot would bring the first major support level at $10,670 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,589 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – Data, Covid-19, Geopolitics and More to Keep the Markets Busy The Weekly Wrap – Economic Datta and COVID-19 Hit Riskier Assets NZD/USD Forex Technical Analysis – Weakens Under .6540, Strengthens Over .6590 Gold Weekly Price Forecast – Gold Markets Have a Rough Week US Stock Market Overview – Stocks Rise as Nasdaq Closes Positive for the Week Silver Weekly Price Forecast – Silver Markets Collapsed', "Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today? For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Bitstamp and Nexo.io . Related: Bitcoin News Roundup for Sept. 28, 2020 This week’s Long Reads Sunday is a reading of “ The Currency Cold War: Four Scenarios ” by Jeff Wilser – part of CoinDesk’s Internet 2030 series. In it, Wilsner talks to experts about four scenarios: A multi-currency scenario, where exchange is abstracted away via digital wallets A China-led scenario A U.S.-led scenario A bitcoin /non-state currency-led scenario In addition to reading, NLW gives his take on which scenario is most likely. See also: Sven Henrich on the Ever-Weakening Economic Cycle Related: The 51% Attack Nightmare Scenario (Isn't That Bad) For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories Understanding the Coming Currency Cold War Understanding the Coming Currency Cold War", "Will the future of currency be led by the U.S., China, Bitcoin, or some combination we can barely imagine today?\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\nThis episode is sponsored byCrypto.com,BitstampandNexo.io.\nRelated:Bitcoin News Roundup for Sept. 28, 2020\nThis week’s Long Reads Sunday is a reading of “The Currency Cold War: Four Scenarios” by Jeff Wilser – part of CoinDesk’s Internet 2030 series.\nIn it, Wilsner talks to experts about four scenarios:\n• A multi-currency scenario, where exchange is abstracted away via digital wallets\n• A China-led scenario\n• A U.S.-led scenario\n• Abitcoin/non-state currency-led scenario\nIn addition to reading, NLW gives his take on which scenario is most likely.\nSee also:Sven Henrich on the Ever-Weakening Economic Cycle\nRelated:The 51% Attack Nightmare Scenario (Isn't That Bad)\nFormore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS.\n• Understanding the Coming Currency Cold War\n• Understanding the Coming Currency Cold War", "Another busy week of IPOs is set for the week of Sept. 28. Here is a look at many of the companies set to price and go public this week. Boqii Holdings Ltd. The largest pet-focused platform by revenue and customers in China, Boquii Holdings Ltd. (NYSE: BQ)\xa0is set to go public in the U.S.\xa0offering 7 million ADS at a price point of $1 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,273,281,109 - Hash Rate: 145940790.2029998 - Transaction Count: 259382.0 - Unique Addresses: 538619.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: One of the quietest yet best-funded bitcoin companies in the world is gearing up to enter the 2020 decentralized finance (DeFi) bull run. In July theDG Labconglomerate, which like Ethereum powerhouse ConsenSys includes both an investment arm and an adjacent software company,open sourcedits proposal for self-sovereign derivatives trading on the Bitcoin blockchain, using the Lightning Network. These contracts turnbitcoin, the asset itself, into programmable money capable of a wider variety of functions. Related:Market Wrap: Bitcoin Cracks $12.4K; DeFi Crosses $6B Locked This offers a stark contrast to the typical DeFi approach so far, which relies on “wrapped”representationsofbitcoinor exchange platforms. The Silicon Valley startup cLabs recentlyacquiredDeFi firm Summa, which spearheaded the bitcoin-on-Ethereum approach. Now it looks as though DG Lab, founded in 2015, is the leading incumbent exploring DeFi opportunities for Bitcoin. Read more:These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It “I’ve been working on a proposal to integrate DLC [Discreet Log Contracts] and channels into the Lightning Network,” DG Lab researcher Ichiro Kuwahara said of hisrecentwork. “We can establish many contracts without broadcasting transactions on the blockchain.” This software uses the Lightning Network to execute business logic without clogging up the base-layer blockchain. The hottest trend among Bitcoin veterans these days is imagining DeFi functionality applied to the bitcoin currency through such layers. There are many opinions on how to approach this opportunity, from DLC to soft forks. Related:Bitcoin Surges Past $12,000 to New 2020 High Not everyone agrees on how to use Lightning for smart contracts. Bitcoin veteran Jeremy Rubin, who launched hisJudicastartup this summer, believes Blockstream’s Liquid Network, which companies like Crypto Garage use to experiment with such smart contracts, overcomplicates the construction. “I think we can do it much simpler. … It’s solvable on-chain but can be done in [Lightning] channels as well,” Rubin said in an interview, explaining how his proposedBitcoin soft forkcould optimize the base layer for smart contracts. “I can construct this contract, which is a derivative, without you being online. I can make a valid contract then email it to you.” Read more:This New Coding Language Could Help Unlock Bitcoin’s Smart Contract Potential These days, both ends of a Lightning transaction need to participate at roughly the same time for the payment to go through. (Or, at least, both need to set everything up in advance.) Rubin is arguing there’s a way to make it so one party can execute a consensual transaction. Public keys allow the other party to see, whenever they come online, proof of everything about the deal. “It’s this notion of flow and conditionality that doesn’t currently exist in Bitcoin,” Rubin said. “[These 2020 DeFi projects] are about helping define commutes … a sequence of steps that can happen based on choices along the way.” There are enough engineers working on DeFi options for Bitcoin that one of them might technically work, even if socially it doesn’t catch on. Only time will tell which ones find product market fit, and how that may or may not spur crypto adoption. Stepping back, the DeFi bulls at DG Lab Fundraised over $93 millionin 2019 and, according to the firm’sblog post, are raising a second fund in 2020. The fund invested in DG Lab, the separate namesake startup, which simultaneously attracted investors from Japanese enterprises including the e-commerce giant Kakaku.com and the telecommunications provider KDDI. Meanwhile, the DG Lab Fund itself invested in River Financial, Arwen, Blockstream and Curv, to name a few, in addition to startups in adjacent sectors such as AI and security. Read more:Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round “We have several startups that are working with DLC. For example,Suredbitsis one of the key players in this field and we are working closely with them,” said Shunichi Kimuro, senior manager at DG Lab Fund. “We wanted to show what is possible using the Bitcoin protocol by using our peer-to-peer [P2P] derivatives.” Yet another startup called Crypto Garage, in which DG Fund did not invest directly, is using Blockstream’s Liquid technology to explore this type of smart-contract software. Read more:Custody Startup Curv Follows Crypto Demand Into Asia With New Hong Kong Office “You define the outcomes of your contracts and create a transaction for each of the outcomes. And it can only be unlocked with one of the outcome transactions or with mutual agreement between the contract participants,” Crypto Garage engineer Thibaut Le Guilly said in an interview. Rubin pointed out that even if he disagrees with Le Guilly on certain aspects these Bitcoin projects have much more in common with each other than with Ethereum DeFi projects. “There’s a really big gap between DeFi, as Ethereum is trying to do it, and P2P finance,” Rubin said. “Uniswap is really great. But they tokenize their liquidity pools. … We [Bitcoiners] are talking about finding a way for people to work directly with each other.” Bitcoin DeFi projects aren’t using representatives of bitcoin, they want to enable traders to do tasks directly with bitcoin. “There are about 20 people in the Bitcoin community working on tools, applications and specifications for [Discreet Log Contracts], including at SuredBits,” Le Guilly said in an interview. “[Traders] don’t have to involve an exchange.” It appears as though Ethereum DeFi advocates offer a different interpretation of decentralization than their node-obsessed Bitcoiner brethren. Bitcoin advocates are focused on every user being able to participate in the network by running their own full financial stack, while Ethereum fans are more focused on the ability to offer their services from any data center around the world. Bison Trails CEO Joe Lallouz said his infrastructure startup can easily move accounts across borders, thanks in part to a distributed team. This, from his perspective, is a slightly decentralized step away from Silicon Valley norms. Read more:Token Sales Are Back in 2020 “If Amazon said you can’t run nodes, for example, we can very quickly and seamlessly move our infrastructure to other cloud providers,” Lallouz said. “Everyone at the same time would have to say the blockchain network is something we don’t support [to censor our customers] across the internet.” While Ethereum DeFi experiments attractquick flashes of capital, losing considerable sums as advocates iterate, Bitcoin DeFi experiments seem comparatively modest. Yet, veterans know not to underestimate the Bitcoin development scene in Tokyo, home to the creators of self-sovereignty experiments including BTCPay and DG Lab. This period may just be the calm before a perfect storm. “Once there are enough people to create a real market, we might offer services or tools we can monetize,” Crypto Garage’s Le Guilly said. “At this stage, our goal is to raise awareness about what can be done with Bitcoin.” • Bitcoin DeFi May Be Unstoppable: What Does It Look Like? • Bitcoin DeFi May Be Unstoppable: What Does It Look Like?... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari.\n• The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.\n• Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.\n• According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000', 'Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari . The bellwether cryptocurrency\x92s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks. Bitcoin\x92s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500. According to Coin Metrics , 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September. Related Stories Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000 Bitcoin Sets Record 63 Straight Days Closing Above $10,000', 'Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari.\n• The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks.\n• Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500.\n• According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September.\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000\n• Bitcoin Sets Record 63 Straight Days Closing Above $10,000', '(Bloomberg) -- A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market. BitUniverse, a startup that counts China’s Shunwei Capital and ZhenFund among its backers, has a monthly trading volume of around $5 billion on its online brokerage platform, according to Beijing-based founder Chen Yong. And more than 80% of its 100,000-some users run a grid trading algorithm every day, which automates buy and sell orders at certain regular intervals to capitalize on normal price volatility, Chen said. The cryptocurrency boom of recent years has given birth to major exchange operators like Binance and Huobi -- but brokerage services, which play a major role in traditional financial markets, aren’t much of a presence in the arena. BitUniverse is among a new wave of startups hoping to become a one-stop platform for regular people to trade crypto like Bitcoin and Ether, providing them with the liquidity from a multitude of exchanges. Its algorithms help users place orders 24 hours a day, seven days a week -- which some exchanges offer but is more rare from brokerages. “Trading bots let users overcome their humanity flaws and become a rational investor,” Chen said in a video interview. That doesn’t mean they will be guaranteed to make money, he adds, but they will “at least lose less.” Chen, who co-founded utility app provider Cheetah Mobile Inc., started his crypto venture at the end of 2017. BitUniverse’s Pionex brokerage service launched a year ago and has already become a major cash cow for the firm. BitUniverse, which is incorporated in Singapore, now makes roughly $3 million a month by charging a fee of 0.05% per transaction to traders in places from China to Europe and the U.S, Chen said. About 80% of Pionex’s trades are fulfilled by the order books on Binance and Huobi, he said. In 2018, BitUniverse raised close to $10 million from prominent Chinese venture capital firms Shunwei, ZhenFund and Gaorong Capital at a $50 million valuation, according to the company. Chen runs a team of around 80 people, most of whom are developers hailing from Chinese tech firms including Cheetah, Alibaba Group Holding Ltd. and Baidu Inc., he said. Story continues For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- A fledgling Chinese brokerage is betting that investors will flock to bot trading to capitalize on the price swings in the $300 billion cryptocurrency market.\nBitUniverse, a startup that counts China’s Shunwei Capital and ZhenFund among its backers, has a monthly trading volume of around $5 billion on its online brokerage platform, according to Beijing-based founder Chen Yong. And more than 80% of its 100,000-some users run a grid trading algorithm every day, which automates buy and sell orders at certain regular intervals to capitalize on normal price volatility, Chen said.\nThe cryptocurrency boom of recent years has given birth to major exchange operators like Binance and Huobi -- but brokerage services, which play a major role in traditional financial markets, aren’t much of a presence in the arena.\nBitUniverse is among a new wave of startups hoping to become a one-stop platform for regular people to trade crypto like Bitcoin and Ether, providing them with the liquidity from a multitude of exchanges. Its algorithms help users place orders 24 hours a day, seven days a week -- which some exchanges offer but is more rare from brokerages.\n“Trading bots let users overcome their humanity flaws and become a rational investor,” Chen said in a video interview. That doesn’t mean they will be guaranteed to make money, he adds, but they will “at least lose less.”\nChen, who co-founded utility app provider Cheetah Mobile Inc., started his crypto venture at the end of 2017. BitUniverse’s Pionex brokerage service launched a year ago and has already become a major cash cow for the firm. BitUniverse, which is incorporated in Singapore, now makes roughly $3 million a month by charging a fee of 0.05% per transaction to traders in places from China to Europe and the U.S, Chen said. About 80% of Pionex’s trades are fulfilled by the order books on Binance and Huobi, he said.\nIn 2018, BitUniverse raised close to $10 million from prominent Chinese venture capital firms Shunwei, ZhenFund and Gaorong Capital at a $50 million valuation, according to the company. Chen runs a team of around 80 people, most of whom are developers hailing from Chinese tech firms including Cheetah, Alibaba Group Holding Ltd. and Baidu Inc., he said.\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', 'An unsurprising statement from a financial regulator is sending some welcome signals that point to a spurt of innovation ahead.\nThe U.S. Office of the Comptroller of the Currency (OCC) issued a statement earlier this week saying that national banks can provide services to stablecoin issuers in the U.S.\nThis is not a surprise, as banks have been doing so for some time. But they have been doing so under a cloud of regulatory uncertainty. The statement gives the first sign of official clarity on the idea that stablecoins are legitimate representations of value.\nRelated:Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B\nWhy is this significant for markets?\nTo start with, it signals a growing regulatory acceptance of stablecoins. While fiat-backed blockchain-based tokens have been often talked about in the halls of power, especially after Facebook’s stablecoin project Libra was announced last year, they had not been recognized in an official statement as an acceptable result of financial innovation – until now.\nAnd the U.S. is not the only significant economic bloc to signal acceptance: Earlier this week, the European Central Bank (ECB)issued a reportthat assesses the threats stablecoins could pose. But rather than hint that stablecoins might be in trouble, the report conveys that the ECB\xa0isfiguring outhow to mitigate the potential risks.\nThe issue was becoming urgent, given the explosive increase in stablecoin demand. The total value of stablecoins has now surpassed $18 billion, up from $10 billion just four months ago. Much of this growth has been driven by international demand for dollars as well as the increasingly sophisticated financial tools being built on top of public blockchain technology. USDC, the leading U.S.-based stablecoin, has seen its market cap almost quadruple so far this year, to over $2 billion.\nRelated:The Biggest Story in Crypto: The Stablecoin Surge and Power Politics\nReading between the lines, the message goes even further. Acceptance is one thing; support is another. The OCC is signaling to banks that stablecoin activity is legitimate, and that reserve accounts will be offered the same federal protections as any other.\nThis could incentivize banks to actively seek stablecoin business, and in so doing, broaden both their client Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,915,864,881 - Hash Rate: 123857644.31701957 - Transaction Count: 295476.0 - Unique Addresses: 629197.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: After a Winklevoss encounter highlights Elon Musk’s space mining dreams, maybe we should remind ourselves of the right-here-at-home benefits bitcoin brings. Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. This episode is sponsored byCrypto.com,BitstampandNexo.io. Related:What’s Actually Happening With Inflation Right Now Earlier this week, the Winklevoss brothers introduced Barstool Sports founder Dave Portnoy tobitcoin. See also:Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation One of the notable parts of the recap video was a discussion of how Elon Musk was set to destroy the value of gold on Earth by mining gold from asteroids. While much meme fun was had, on this week’s Long Reads Sunday NLW has chosen a selection that looks at how fiat beat out gold and how gold beat out silver to provide some – ahem – more immediately relevant lessons on how to explain the benefits of bitcoin. Related:Bitcoin Surges Past $12,000 to New 2020 High Read:Projection and ThrownessPart III — Bitcoin’s 10x Advantage Over Gold Might Not Lie Where You ThinkBy David Lawant Formore episodesand free early access before our regular 3 p.m. Eastern time releases, subscribe withApple Podcasts,Spotify,Pocketcasts,Google Podcasts,Castbox,Stitcher,RadioPublica,iHeartRadioorRSS. • Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold? • Is Asteroid Mining Really Our Best Argument for Bitcoin Over Gold?... - Reddit Posts (Sample): [['u/whis1234', '10k in to the exchange.... advice??', 19, '2020-09-28 03:02', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/', 'I was thinking about putting 10 grand into Bitcoin onto an exchange, is this a good idea? Need advice.\n\nNot accepting any private messages.\n\nThank you ♥️', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/', 'j12l5d', [['u/southofearth', 14, '2020-09-28 03:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/j12l5d/10k_in_to_the_exchange_advice/g6ws46t/', 'No, learn how to set up your own wallet and keep it there, not on an exchange. Write down your 12 word seed on a piece of paper, not online, and never show it to anyone. I suggest you also spend at least 1 month researching being your own bank before you buy anything.', 'j12l5d']]], ['u/stackingsatseveryday', 'What is the greatest threat to bitcoin’s success beyond 2020?', 22, '2020-09-28 04:11', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/', 'As of today (September 2020), what do you think is the greatest threat to bitcoin’s success in getting to 6-digit price? \n\n- Other cryptos \n- Government’s banning/regulations\n- Governments decide to become fiscally responsible \n- Mining becomes unprofitable\n- Network becomes too congested when price rise and transaction fees get too prohibitively expensive\n- Failure of micropayments (LN turns out to be not usable/scalable)\n- Tether getting audited and bring down all cryptos\n- solvency issues and liquidity crisis\n- something else not mentioned?\n\nThoughts?', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/', 'j13mzq', [['u/xtal_00', 12, '2020-09-28 06:39', 'https://www.reddit.com/r/Bitcoin/comments/j13mzq/what_is_the_greatest_threat_to_bitcoins_success/g6xa8ct/', "There are no credible threats to Bitcoin at this stage.\n\nI don't say that lightly.", 'j13mzq']]], ['u/ShadowOrson', 'According to George Donnelly the Chinese BCH users/community desire: faster confirmation times, faster entry and exit from exchanges, an increased price and more adoption and forward movement', 35, '2020-09-28 04:19', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/', 'In the post "[Chinese BCH users are interested to see what the protocol development roadmap is post-ABC. Any word on that?](https://old.reddit.com/r/btc/comments/izlu5p/chinese_bch_users_are_interested_to_see_what_the/)" created about 48 hours ago there is [this comment by George Donnelly](https://old.reddit.com/r/btc/comments/izlu5p/chinese_bch_users_are_interested_to_see_what_the/g6vq7o6/), an emissary of the Chinese BCH users/community informed, me that the Chinese BCH users/community desire: \n\n* faster confirmation times,\n\n* faster entry and exit from exchanges,\n\n* increased price and\n\n* more adoption\n\n* and forward movement\n\nI am very interested in understanding what the Chinese BCH users/community are doing to address the issues that are important to them.\n\nCan the Chinese BCH users/community provide the research they have done regarding "faster confirmation times". What is the minimum reduction in confirmation sought?\n\nI am interested in knowing what efforts the Chinese BCH users/community have gone to get exchanges to address "faster entry and exit from exchanges". Is there a difference between Chinese and non-Chinese exchanges entrance and exit times? What is their target for "faster entry and exit from exchanges"?\n\n\nWhat are the Chinese BCH users/community doing to "increase price"? What do they expect others to do regarding "increased price"?\n\nWhat steps are the Chinese BCH users/community taking towards "more adoption"?\n\nCould the Chinese BCH users/community provide some specific information on what "forward movement" means?', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/', 'j13r3k', [['u/jonas_h', 20, '2020-09-28 05:44', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6x5ve8/', "And he would say he got kicked out by pro-ABC people who don't want him to educate the Chinese on the upcoming split. And that you're the one spreading disinformation.\n\nWho's right? I don't know, but that they've been requesting faster confirmations is well known. And who doesn't want increased price and adoption?", 'j13r3k'], ['u/JonathanSilverblood', 15, '2020-09-28 07:07', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xcbii/', 'Of this list above there are some things that are somewhat dependent on eachother:\n\n"faster entry and exit from exchanges" requires an increase in relative hashrate ("increased price") and that is achieved by "more adoption" which can be got with "forward movement".\n\nIt would seem that what\'s really desired then, is positive marketing. We recently have had multiple flipstarters trying to build that positive marketing, and while the donations are anonymous I haven\'t really seen any clear and strong engagement from the chinese on these flipstarters. I\'m starting to wonder what the reason for this is, as understanding how to get the "chinese community" engaged in providing value to the ecosystem in a more public way could turn out to be highly beneficial.\n\nFor the last item, faster confirmation times, it is beeing looked into by u/jtoomim but we\'ll have to wait and see what the research has to say about the risks and benefits before considering that change.', 'j13r3k'], ['u/jtoomim', 18, '2020-09-28 07:19', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xd41p/', "I'm of the opinion that we should be able to reduce block times to something in the 60-150 second range while still being able to achieve our scaling goals without any fancy changes to the code (just some improvements to block propagation and to the network layer), and we could probably get block times down to around 6 seconds if we significantly restructure BCH to make use of a block DAG instead of a block chain. \n\nHowever, there is a natural dependency here: the optimal block interval depends a lot on the quality of the networking layer and the block propagation algorithm, so we should really focus on improving and benchmarking those first so that we know what kind of block interval to target. That means that this is an issue that is better discussed in 2021, and will probably be ready for deployment around 2022.\n\nWe could do it faster than that, but there would be a significant cost from rushing the development, testing, and deployment, and there's a big chance we'd get a non-optimal change and have to change it again in a few years. Better to do it once and do it right, in my opinion.", 'j13r3k'], ['u/jtoomim', 11, '2020-09-28 08:52', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xj1qn/', 'Yes, the change would decrease the reward in proportion to the reduction in block time, and also change the halving heights accordingly. It would also probably be best to change the nLockTime value interpretations for smart contracts so that the valid nLockTimes for pre-fork scripts were adjusted to happen at about the same time (rather than the same raw height) as before the change.\n\nThese changes make it so that it is best if the new target block time is an integer dividend of the old block time -- e.g. 5 minutes, 3.333 minutes, 2.5 minutes, 2 minutes, 1.666 minutes ... 1.0 minute, ... 45 seconds, ... 30 seconds, or whatever.', 'j13r3k'], ['u/moleccc', 10, '2020-09-28 09:03', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xjnyi/', "Yeah, this is basically: let me trade more efficiently and please make number go up. Those are the wishes of get-rich-quick minds, which is fine, but it may explain the lack of contributions to flipstarters by those people. And don't get me wrong: there's an abundance of this mindset around outside of China, too.", 'j13r3k'], ['u/jtoomim', 17, '2020-09-28 11:07', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xq6tw/', "This is a common misconception. The truth is that shorter block intervals do help with achieving enough finality behind transactions for exchanges to trust them.\n\nhttps://blog.ethereum.org/2015/09/14/on-slow-and-fast-block-times/\n\nGo compare the amount of time needed by most exchanges for ETH deposits/withdrawals vs BTC or BCH. It's a huge difference.", 'j13r3k'], ['u/ThomasZander', 11, '2020-09-28 11:29', 'https://www.reddit.com/r/btc/comments/j13r3k/according_to_george_donnelly_the_chinese_bch/g6xr98u/', "> It would seem that what's really desired then, is positive marketing. We recently have had multiple flipstarters trying to build that positive marketing, and while the donations are anonymous I haven't really seen any clear and strong engagement from the chinese on these flipstarters.\n\nI do agree on this, and your question of how the Chinese are (not) currently helping there is relevant. Maybe /u/georgedonnelly can reflect on this with them.\n\nThe push from the Chinese to move all guns from backing ABC to now backing BCHN seems they still don't get the basic idea of decentralization. The repeated questions for a roadmap is showing the same problem.\n\nThe strength of Bitcoin Cash lies with decentralized innovation. Sometimes called permissionless innovation. This is an immense strength because the moment we remove the central coordination part, we free everyone to do what they want to grow our coin. As our community grows we will get more developers. We have less than 20 now, what happens when we have 200 or 2000?\n\nIf you go from 20 to 2000 developers in a community where there is a roadmap, you may go up in speed a littl... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['PepsiCo Inc’s third quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according to Morgan Stanley equity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales. The U.S. multinational food, snack and beverage corporation, PepsiCo is set to report third-quarter 2020 results on Thursday, October 1 , before market open. “We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex- COVID ) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said. “Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).” Morgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA). For the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India. Story continues PepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year. Several other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and \xa0Guggenheim raised their target price to $151 from $148. Eleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks. “PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said. “We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.” Upside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring. Downside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes. Check out FX Empire’s earnings calendar This article was originally posted on FX Empire More From FXEMPIRE: Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40 Weekly Recap: Bitcoin and Ethereum Go Into the Red USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695', 'PepsiCo Inc’sthird quarter is expected to be a positive catalyst for the stock with an expected organic topline and EPS beat, according toMorgan Stanleyequity analyst Dara Mohsenian, who also forecasts Q3 EPS of $1.50 and 2.4% y-o-y growth in organic sales.\nThe U.S. multinational food, snack and beverage corporation, PepsiCo is set to reportthird-quarter 2020 results on Thursday, October 1, before market open.\n“We continue to like Pepsi longer-term with a pronounced mix shift to the more attractive snacks business over the last few years with strong underlying fundamentals (even ex-COVID) now at more than two-thirds of corporate profit, with both robust, sustained snacks category growth, as well as PEP’s strong competitive positioning and share gains within snacks. We also see PepsiCo’s (PEP) growth outlook and underlying EPS quality as higher with greater reinvestment under a new CEO,” Morgan Stanley’s Dara Mohsenian said.\n“Last, we believe PepsiCo’s valuation remains compelling, with PepsiCo trading one standard deviation below its 5-year NTM relative P/E average vs mega-cap peers and only at a 3% EV/EBITDA premium to food peers, despite much higher LT revenue growth potential (4% at PEP LT vs 2% at food peers), as well as higher margins/ROIC (see PEP Valuation Looks Compelling section below for more detail).”\nMorgan Stanley forecast PEP organic sales growth to be driven by its snacks business, and a topline recovery in emerging markets, as well as a sequential improvement in on-premise beverages. In North America, they forecast a solid +6.5% organic sales growth at Frito-Lay North America (FLNA); +7.2% growth at Quaker Foods North America (QFNA); -1.0% decline at Pepsi Beverages North America (PBNA).\nFor the international business, the investment bank forecast +8.6% y-o-y organic sales growth in APAC on China recovering, +2.5% in Europe with on-premise improving and favourable summer weather, +1.5% in Latin America, and -2.3% in AMESA (Africa, Middle East, South Asia) on a slower recovery, particularly in India.\nPepsiCo stock closed 3.30% higher at $137.97 on Monday. The stock is up about 1% so far this year.\nSeveral other equity analysts have also updated their stock outlook. Jefferies raised their target price to $139 from $137; JP Morgan lowered their stock price forecast to $149 from $154; UBS raised the price target to $140 from $136; Deutsche bank upped their price objective to $140 from $139 and \xa0Guggenheim raised their target price to $151 from $148.\nEleven analysts forecast the average price in 12 months at $144.64 with a high forecast of $155.00 and a low forecast of $130.00. The average price target represents a 4.83% increase from the last price of $137.97. From those 11 equity analysts, six rated ‘Buy’, five rated ‘Hold’ and none rated ‘Sell’, according to Tipranks.\n“PepsiCo is our top beverage pick. We forecast Pepsi will post superior topline growth relative to peers driven by exposure to the higher growth/higher margin snacks category (2/3 of PEP’s profit). Snacks is a higher growth category given: (1) shift to snacking vs. sit-down meals; (2) less pressure from health/wellness vs. beverages, and (3) PEP’s leading share in snacks vs. fragmented competition, driving share gains, and higher margins/ROIC,” Morgan Stanley’s Mohsenian said.\n“We also see more structural Pepsi market share benefits post COVID-19, as PEP uses its DSD distribution advantage, to gain shelf space and share in snacks, and in beverages, where PEP is advantaged vs competition with a much lower mix in away-from-home.”\nUpside risks: Higher FLNA snacks topline growth, improving North America beverages business on higher investment spend and on-premise recovery, better GM expansion on favourable commodities/better pricing, and higher cost savings from restructuring.\nDownside risks: Lower return from PEP’s reinvestment, macro volatility, commodity and FX volatility, greater COVID impacts, worse market share trends in beverages, soda taxes.\nCheck outFX Empire’s earnings calendar\nThisarticlewas originally posted on FX Empire\n• Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery\n• Economic Data Puts the EUR and Dollar in Focus, as Brexit Talks Resume\n• Gold Price Futures (GC) Technical Analysis – $1889.70 Could Be Trigger Point for Surge into $1917.40\n• Weekly Recap: Bitcoin and Ethereum Go Into the Red\n• USD/JPY Fundamental Daily Forecast – Price Action Tied to Investor Appetite for Risk\n• EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695', 'Inovio Pharmaceuticals, Inc. (INO) shares plummeted 28.34%Mondayafter the biotech company announced that the U.S. Food and Drug Administration (FDA) had put its COVID-19 vaccine on hold until it answers further questions about its vaccine technology.\nThe company previously told investors that it had intended to move to Phase 3 trials this month, in line with other developers searching for the elusive vaccine, but now must wait until the fourth quarter for the FDA’s findings before it can move forward. “The company is actively working to address the FDA’s questions and plans to respond in October,” Inovio said in a statementcited by the Wall Street Journal.\nInovio’s vaccine, which aims to provide immunity to the virus by inserting genetic instructions into cells to get them to release a protein found on the coronavirus, insisted that the early-stage trial o Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-09-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $200,915,864,881 - Hash Rate: 135379285.64883536 - Transaction Count: 347696.0 - Unique Addresses: 735651.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers. Announced Wednesday, Toronto-based Coinberry has acquired a financial institution bond, a requirement for registration with its provincial securities regulator, the Ontario Securities Commission. The move is a concrete example of a general tightening of regulation in Canada, particularly in the wake of the Quadriga debacle . Related: A New Attempt to Tokenize Real Estate Projects in Mexico and Canada “Every Canadian crypto user remembers Quadriga and the impact of that is still fresh in the back of their minds,” said Coinberry CEO Andrei Poliakov. “People still have to trust exchanges and platforms to use crypto and the investment on Coinberry’s part protects against the corrupt human element that has struck the personal finances of many Canadians.” Read more: Gerald Cotten: Mystery Man In the U.S., surety bonds of this type, which provide insurance in case of dishonest or fraudulent acts by employees, have been a requirement for crypto firms to be registered with FinCEN for some time . However, to qualify as a money service business in Canada with its version of FinCEN, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) – with which Coinberry is already registered – does not require a financial institution bond. Related: Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds In this respect, Poliakov believes “wholeheartedly” that Coinberry is the first crypto firm to go the extra mile. “We applied for registration with the OSC and we’ve been going through that process for quite some time,” said Poliakov. “One of the requirements was to have our financial statements publicly audited, by MNP in this case, and another requirement was to have a financial institution bond in place.” Story continues Read more: Canadian Municipality Set to Accept Bitcoin for Property Tax Payments Coinberry’s surety bond is underwritten by the Lloyd’s of London insurance market and the coverage limit is CAD$1,000,000 ($764,000) per claim/incident, said Poliakov. Neither Lloyd’s nor the OSC returned requests for comment by press time. There may well be other crypto firms in the process of going through the registration process with the OSC, Poliakov said, adding that a general clampdown when it comes to crypto compliance has seen Ontario regulators blocking firms that don’t play ball. Last week, BitMEX was blocked from serving Ontario-based customers. “I cannot speak to whether the others in Canada are in the process of getting this,” Poliakov said in a follow-up email. “I do know some platforms are not applying at all, while others (like BitMEX) have already received instructions from the OSC to cease operation in Ontario because they are not going the registration route.” Related Stories Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten Coinberry Crypto Exchange Gets Lloyd’s Cover as Canada’s Post-Quadriga Rules Tighten... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Professional football club in Italy forms partnership with world’s biggest digital lottery Crypto Millions Lotto named Official Online Lottery Partner Crypto Millions Lotto named Official Online Lottery Partner LONDON, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire -- Crypto Millions Lotto , the world’s biggest digital lottery, has been named as the Official Online Lottery Partner of Italian Serie A club Atalanta B .C. It’s the first-ever partnership between an online lottery and a Serie A club. A coming together of two organisations, rising stars in different industries, that share the same bold approach. Both organisations are known for punching above their weight. Crypto Millions Lotto disrupts traditional lotteries by offering jackpots many times larger than their more established national competitors. Atalanta B.C. have established themselves as a top performer, finishing third in Serie A last season, ahead of some the world’s best-known clubs. To demonstrate the pioneering approach of this partnership, one of the major steps it will take is to bring the world’s most widely used alternative currency, Bitcoin, into the mainstream. Commenting on the partnership, Crypto Millions Lotto CEO Sulim Malook said, “We are delighted to have found a partner that has the same disruptive approach as us. With their outstanding performances in Serie A, and having established themselves on the world stage, Atalanta B.C. were an obvious choice of partner for us. This is going to be an exciting year for us both. We are planning to add a number of new lotteries to our site plus the ability to play using credit cards, whilst Atalanta B.C. will be mixing it with Europe’s elite clubs as they challenge for the Champions League again. We’re big football fans and we’ll be supporting them all the way.” Romano Zanforlin, Commercial Director of Atalanta B.C., said, “We’re excited to partner with Crypto Millions Lotto, an ambitious company that is keen to increase its exposure with the help of Atalanta Bergamasca Calcio’s brand and global reach. We look forward to developing our relationship, which will also see our brand reach new audiences in Asia, Eastern Europe and Latin America.” Story continues About Crypto Millions Lotto Crypto Millions Lotto is a lottery licensed to operate in more than 180 countries. Jackpots are fully insured and start at a whopping US$30 million, and roll over each draw until they’re won, which on average is every 3½ weeks. Draws are based on the outcome of the German National Lottery, which has been operational since 1955 and is televised twice weekly. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency. Soon, players will be allowed to join the world’s biggest lottery syndicate and play using digital tokens. Crypto Millions Lotto is the trading name of UK based Wilmington Holdings PLC. For more information, visit https://www.cryptomillionslotto.com/ About Atalanta Bergamasca Calcio Atalanta is a professional football club based in Bergamo that plays in Serie A, Italy’s premier league. The club is nicknamed La Dea , the Nerazzurri and the Orobici . Founded in 1907, Atalanta play in black-and-blue colours. Their stadium is the 21,300 seat Gewiss Stadium. In 2019-20, Atalanta reached the quarter finals of the UEFA Champions League and were beaten by finalists Paris Saint-Germain. They have managed to qualify for the same competition this 2020-21 season and hope to better last season’s achievements. For more information, visit https://www.atalanta.it/ For media/press inquiries contact: [email protected] [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0a24ed7d-ad9a-4fd4-bf7e-168d11d09b70', 'LONDON, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via CryptoCurrencyWire --Crypto Millions Lotto, the world’s biggest digital lottery, has been named as the Official Online Lottery Partner of Italian Serie A clubAtalantaB.C.\nIt’s the first-ever partnership between an online lottery and a Serie A club. A coming together of two organisations, rising stars in different industries, that share the same bold approach.\nBoth organisations are known for punching above their weight. Crypto Millions Lotto disrupts traditional lotteries by offering jackpots many times larger than their more established national competitors. Atalanta B.C. have established themselves as a top performer, finishing third in Serie A last season, ahead of some the world’s best-known clubs.\nTo demonstrate the pioneering approach of this partnership, one of the major steps it will take is to bring the world’s most widely used alternative currency, Bitcoin, into the mainstream.\nCommenting on the partnership, Crypto Millions Lotto CEO Sulim Malook said, “We are delighted to have found a partner that has the same disruptive approach as us. With their outstanding performances in Serie A, and having established themselves on the world stage, Atalanta B.C. were an obvious choice of partner for us. This is going to be an exciting year for us both. We are planning to add a number of new lotteries to our site plus the ability to play using credit cards, whilst Atalanta B.C. will be mixing it with Europe’s elite clubs as they challenge for the Champions League again. We’re big football fans and we’ll be supporting them all the way.”\nRomano Zanforlin, Commercial Director of Atalanta B.C., said, “We’re excited to partner with Crypto Millions Lotto, an ambitious company that is keen to increase its exposure with the help of Atalanta Bergamasca Calcio’s brand and global reach. We look forward to developing our relationship, which will also see our brand reach new audiences in Asia, Eastern Europe and Latin America.”\nAbout Crypto Millions LottoCrypto Millions Lotto is a lottery licensed to operate in more than 180 countries. Jackpots are fully insured and start at a whopping US$30 million, and roll over each draw until they’re won, which on average is every 3½ weeks. Draws are based on the outcome of the German National Lottery, which has been operational since 1955 and is televised twice weekly. This unbreakable link gives Crypto Millions Lotto complete fairness and transparency. Soon, players will be allowed to join the world’s biggest lottery syndicate and play using digital tokens.\nCrypto Millions Lotto is the trading name of UK based Wilmington Holdings PLC.\nFor more information, visithttps://www.cryptomillionslotto.com/\nAboutAtalantaBergamascaCalcioAtalanta is a professional football club based in Bergamo that plays in Serie A, Italy’s premier league. The club is nicknamedLaDea, theNerazzurriand theOrobici. Founded in 1907, Atalanta play in black-and-blue colours. Their stadium is the 21,300 seat Gewiss Stadium.\nIn 2019-20, Atalanta reached the quarter finals of the UEFA Champions League and were beaten by finalists Paris Saint-Germain. They have managed to qualify for the same competition this 2020-21 season and hope to better last season’s achievements.\nFor more information, visithttps://www.atalanta.it/\nFor media/press inquiries contact:[email protected]@atalanta.it\nA photo accompanying this announcement is available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/0a24ed7d-ad9a-4fd4-bf7e-168d11d09b70', 'Bitcoin, BTC to USD, rose by 1.33% on Tuesday. Reversing a 0.83% loss from Monday, Bitcoin ended the day at $10,856.0. It was a mixed start to the day. Bitcoin fell to an early morning low $10,674.2 before finding support. Steering clear of the major support levels, Bitcoin struck a late morning high $10,815.4 before hitting reverse. Coming up short of the major resistance levels, Bitcoin slid to a late afternoon intraday low $10,654.0. Steering clear of the first major support level at $10,585, Bitcoin rallied to a final hour intraday high $10,889.0. Falling short of the first major resistance level at $10,915, Bitcoin eased back to end the day at sub-$10,860 levels. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Chainlink (-1.19%), Crypto.com Coin (-1.92%), and Polkadot (-0.36%) bucked the trend on the day. It was a bullish day for the rest of the majors. Binance Coin rallied by 7.20% to lead the way. Bitcoin Cash SV (+1.74%), Cardano’s ADA (+1.09%), Ethereum (+1.76%), Litecoin (+1.08%) also found solid support. Bitcoin Cash ABC (0.11%) and Ripple’s XRP (+0.83%) trailed the front runners, however. In the current week, the crypto total market fell to a Monday low $321.20bn before rising to a Tuesday high $341.14bn. At the time of writing, the total market cap stood at $337.21bn. Bitcoin’s dominance rose to a Monday high 61.23% before falling to a Tuesday low 58.93%. At the time of writing, Bitcoin’s dominance stood at 59.31%. This Morning At the time of writing, Bitcoin was down by 0.28% to $10,826.0. It was a mixed start to the day. Bitcoin rose to an early morning high $10,866.0 before falling to a low $10,826.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Story continues Bitcoin Cash ABC (+0.54%), Bitcoin Cash SV (+0.62%), and Crypto.com Coin (+0.65%) bucked the trend early on. It was a bearish start to the day for the rest of the majors, however. At the time of writing, Binance Coin was down by 1.18% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $10,800 to bring the first major resistance level at $10,945 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,900 levels. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely cap any upside. In the 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: 2020-09-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,914,324,303 - Hash Rate: 149781337.3136051 - Transaction Count: 351417.0 - Unique Addresses: 748143.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: You’re reading First Mover , CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every wild swing in bitcoin and more. We follow the money so you don’t have to. You can subscribe here . Price Point Bitcoin slid 4.1% Wednesday to about $11,430, wiping out the prior day’s gains and then some, as the U.S. dollar strengthened against the euro and other major currencies and reports surfaced that a major South Korean crypto exchange had been raided . The move lower pushed the largest cryptocurrency back toward the middle of its range over the past month, between roughly $10,500 and $12,400. Related: Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage Mati Greenspan, founder of the digital-asset and foreign-exchange analysis firm Quantum Economics, put a positive spin on bitcoin’s recent performance in a note to clients on Tuesday. “One can’t help but wonder whether the underperformance of bitcoin in this market is actually a further sign of it moving toward being considered a safe-haven asset,” Greenspan wrote. “If all the risk assets are outperforming, then surely the property of stability should count for something.” Market Moves Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase while driving up fees and congestion on the Ethereum blockchain. Uniswap, a semi-automated platform for matching buyers and sellers of cryptocurrencies and other digital assets, saw its trading volume climb to $953.59 million on Tuesday, a more than ten-fold gain over the past month, according to the website uniswap.info . The 24-hour trading volume has crossed above $1 billion – at least 50% higher than daily trading volumes observed on Coinbase Pro, the largest U.S.-based centralized cryptocurrency exchange. Story continues Related: Around the Crypto World in 15 Charts: CoinDesk Research's August Review The rise of decentralized exchanges, or DEXs, represents a new chapter of this year’s boom in decentralized finance. The fast-growing ecosystem, known as DeFi, consists of automatic lending and trading platforms, built atop distributed computing networks like Ethereum and constructed from open-source software and programmable cryptocurrencies. They aim to provide more efficient and less costly ways of conducting transactions currently handled by banks and traditional exchanges. “It indicates that the DeFi flippening is real and already here,” Denis Vinokourov, head of research at the London-based prime brokerage Bequant, told CoinDesk in a Telegram chat. “ Flippening ” is crypto jargon, used loosely to indicate the hypothetical moment when one blockchain or digital-asset trend overtakes another. Read More: DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume -Omkar Godbole Meanwhile, traditional market exchanges are struggling with outages long familiar to their crypto counterparts. Both crypto exchanges and popular online trading platforms including Schwab, TD Ameritrade and Robinhood have a rising number of young investors who, working from home during the coronavirus pandemic, spend some of their work hours trading for their own personal accounts. These platforms have another thing in common: outages in the midst of high volume. On Monday, login issues were reported from customers on Robinhood, along with a few other similar trading platforms including giants TD Ameritrade and Schwab. The outage was allegedly caused by the stock splits of Apple and Tesla. Silicon Valley-based Robinhood was the subject of more than 400 complaints reported to U.S. regulators during the first half of 2020. Like traditional platforms, crypto exchanges have been troubled by outages for a long time, even after they pledge to take more steps to improve stability and reduce outages. These mainstream companies may be able to learn something from the experience of crypto exchanges. One main cause of outages at crypto exchanges is hardware failure, and the solution is to build in redundancy, Dave Weisberger, co-founder and CEO of execution provider CoinRoutes, told CoinDesk in a phone interview. By now, most exchanges have built fully redundant systems, he said, and as a result any outages caused by hardware failures are usually short-lived. The other cause, more common, is a change in a new piece of code that was not thoroughly tested. Bugs in the new code can be triggered at a later time by an unplanned situation such as a surge in trading volumes, resulting in an outage. “Building software which scales to serve so many users is really hard, and the operational work to make sure servers stay up and running is quite difficult,” Tushar Jain, managing partner at Multicoin Capital, told CoinDesk in a Twitter direct message. Read More: Exchange Outages Are Going Mainstream: What Robinhood Can Learn From Crypto -Muyao Shen Bitcoin Watch Bitcoin prices slid 4.4% on Wednesday as the U.S. dollar strengthened, reinforcing the cryptocurrency’s negative correlation with the greenback. The U.S. Dollar Index (DXY) was trading near 92.50 at press time, having clocked a 29-month low of 91.75 on Tuesday. “Corrective pressures are giving the greenback a reprieve,” according to Marc Chandler, a former chief currency strategist for the giant British bank HSBC. The dollar is most oversold in 40 years and could continue to gain altitude in the short-term, keeping bitcoin under pressure. The cryptocurrency’s technical charts are also signaling scope for temporary pullback. Bitcoin’s repeated rejection above $12,000 observed over the past four weeks is suggestive of bull fatigue. On the downside, major support is located at $11,000. – Omkar Godbole Token Watch Ether ( ETH ): Ethereum network transaction fees set a record once again as DeFi becomes even pricier. Ethereum Classic ( ETC ): Ethereum Classic Labs airs new plan to stop future 51% attacks after getting hit three times in the past month and losing millions of dollars of cryptocurrency to double-spends. Binance coin (BNB): World’s biggest cryptocurrency exchange launches its own smart-contract-enabled blockchain, with staking for the native BNB token . Yearn.Finance (YFI): MakerDAO departed chief Mariano Conti says phenom token represents “ most interesting thing that has happened to DeFi .” What’s Hot Police reportedly raid headquarters of Bithumb, South Korea’s largest crypto exchange (CoinDesk) Coffee-bean supplier sells $300M of 5.5-year crypto bonds via HSBC, Singapore exchange (CoinDesk) Bitcoin miners saw 23% revenue increase in August (CoinDesk) Bermuda pilots “digital stimulus token” with Stablehouse to help rejuvenate economy (CoinDesk) Minting dozens of coins a day, speculators tap into crypto craze (Bloomberg) Is buy-and-hold really the best strategy in crypto? (Hacker Noon ) Total value on Bitcoin’s Lightning Network sets another record amid market rally (CoinDesk) Coinbase building platform to help crypto startups launch tokens, raise cash (CoinDesk) Analogs The latest on the economy and traditional finance Argentina’s creditors to get back just over half of the $2.75B 100-year bonds sold three years ago (WSJ) Top exec at $138B hedge fund Bridgewater says U.S. economy needs $1.3T-$1.7T of fresh stimulus to sustain recovery (CNBC) Trump pledges to “help the airlines” as industry loses $5B a month (Reuters) Federal Reserve buying $100B of mortgage bonds a month, pushing down rates (Bloomberg) U.S. job growth to slow over next decade even as Fed prioritizes employment over inflation (CNBC) Indonesia to digitalize state-owned enterprises for competitiveness (Nikkei Asian Review) Deutsche Bank says “immediate deflationary pressures look to have been averted.” Tweet of the Day Related Stories First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Wednesday, September 30, 2020', 23, '2020-09-30 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/', 'j2f26d', [['u/ThatOtherGuy254', 15, '2020-09-30 07:32', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g75a8ol/', 'Bitcoin is used by more than just the US though.', 'j2f26d'], ['u/_supert_', 19, '2020-09-30 15:24', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g763ds5/', '"Teh" is a commonly used phrase in instant messaging services like MSN, BEBO and is often frowned upon when it is used excessively. . \u200f\u200f\u200f\u200f\u200f\u200f\u200f\u200f\u200f. At first the word came about where the person writing made a typo and it was thought to be a funny/new word to use when typing to someone.. Wait, why the hell am I here?.. What if, among the infinite monkeys bashing away on typewriters, one of the typewriters achieved sentience?.', 'j2f26d'], ['u/InLimbo21', 13, '2020-09-30 17:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g76ikk7/', "I was warning everyone this week that stimulus package 2.0 is the biggest risk to anyone short in stocks and Bitcoin leading up to the election. Looks like its about 99% confirmed and the big boys are front running the news in stocks. We're going to have a short term melt up in stocks and Bitcoin in my opinion leading up to the election.\n\n4000 for SPY, 14500 for BTC. Strap in October gonna be a fun month. Don't be caught when BTC snaps to 12500.", 'j2f26d'], ['u/InLimbo21', 10, '2020-09-30 17:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g76l15x/', 'Usually a sign BTC is going to make a huge move.', 'j2f26d'], ['u/alieninthegame', 11, '2020-09-30 19:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g771eue/', "no you don't. stock market is up today, bitcoin is down.", 'j2f26d'], ['u/cryptogrip', 12, '2020-09-30 19:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g771mas/', "More about how the global economy is doing during a liquidation and debt crisis. So you'll be happy to know there's a huge chance that Bitcoin will return to being non correlated once things start to recover on a global level. Remember, during a liquidation crisis there is no sure safe haven because people need to squeeze liquidation put of every possible source when things get really bad.", 'j2f26d'], ['u/BonzoDDDB', 15, '2020-09-30 23:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g77x5cg/', 'It hasn’t aged at all yet', 'j2f26d'], ['u/A__R__I', 14, '2020-09-30 23:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/j2f26d/daily_discussion_wednesday_september_30_2020/g781ftg/', "Absolutely love the silence in here! Hope ya'll are accumulating.", 'j2f26d']]], ['u/Help_An_Irishman', 'Which "Audible Only" titles do you feel were really worth your credit? Which might you return to in the future?', 44, '2020-09-30 06:26', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/', 'EDIT: Thanks so much for all the suggestions, everyone! I\'ll be looking over them and I\'m sure I\'ll pick up some new series. Appreciate it!\n\nI have 4 credits burning a hole in my pocket and my billing cycle is about to renew, but I have such an enormous backlog that I\'m planning to cancel my subscription in a couple days before that happens.\n\nAfter being a long-time Audible user, I\'ve instead been using Overdrive to borrow free audiobooks through my library for the most part, as there\'s always something good to read and I don\'t need to pay $15 a pop for a book when there are libraries out there.\n\nSo in the last year or so I\'ve mostly gone through Audible to pick up titles that are either Audible exclusives, or something that I\'m confident that I\'ll want to return to and listen to again in the future (books that are worth more than one read through).\n\nI wish that Audible had a feature where you could filter a search to show exclusives only (those with the yellow "Only from Audible" banner on them), but I thought I\'d turn to you guys for recommendations on that front.\n\nI really enjoy horror (King, etc.), fantasy (Sanderson, Tolkien, etc.), science fiction (Gibson, Dick), etc., but I\'m definitely open to a good motivational book, books on writing, screenwriting and voice acting, things about Bitcoin and investing, classic dramas like East of Eden, and so on.', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/', 'j2fd7t', [['u/supermarketsweeps25', 12, '2020-09-30 06:38', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g7565ki/', 'The Sandman.\n\nI LOVE the audible exclusive that came out in July. I highly HIGHLY recommend. \n\nAnd anything by Neil Gaiman that is narrated by him. His voice is just magical.', 'j2fd7t'], ['u/nasadge', 31, '2020-09-30 06:42', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g756gsu/', "Check out the Bob verse books. I was hesitant at first but it's pretty good. The first 2 or 3 are absolutely worth it.", 'j2fd7t'], ['u/devin_mm', 22, '2020-09-30 07:45', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g75b6ir/', 'I really like Peter Clines\' "[Threshold Universe](https://www.audible.com/series/Threshold-Universe-Audiobooks/B07CTLQHD4?ref=a_search_c3_lSeries_1_1_1&pf_rd_p=e81b7c27-6880-467a-b5a7-13cef5d729fe&pf_rd_r=C36T9DA6MPH51ZTBX46D)"\n\nThe first first book is [14](https://www.audible.com/pd/14-Audiobook/B0089Y7K0M?ref=a_series_Th_c5_lProduct_1_1&pf_rd_p=284b47b1-a5db-4711-9667-612f2ac7458e&pf_rd_r=P2050KRT9YG89GD4Y23D)\n and the entire series is narrated by Ray Porter.', 'j2fd7t'], ['u/lockwoot', 14, '2020-09-30 10:59', 'https://www.reddit.com/r/audiobooks/comments/j2fd7t/which_audible_only_titles_do_you_feel_were_really/g75m3iq/', 'Sheer value? Sherlock Holmes narrated by Stephen Fry. 72 hours of content.\n\nDirk Gently: Two BBC Radio Full-Cast Dramas or Terry Pratchett: BBC Radio Drama Collection are stellar.', 'j2fd7t']]], ['u/RedPill43', 'r/Bitcoin Moderator removed my post for not being bullish on Bitcoin?', 18, '2020-09-30 07:18', 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/', "[https://www.reddit.com/r/Bitcoin/comments/iybvhf/microstrategy\\_ceo\\_could\\_liquidate\\_200m\\_in\\_bitcoin/](https://www.reddit.com/r/Bitcoin/comments/iybvhf/microstrategy_ceo_could_liquidate_200m_in_bitcoin/)\n\nWhy? I didn't receive any messages from moderator. Checked the post but didn't find anything wrong with it.", 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/', 'j2g2n4', [['u/greengenerosity', 22, '2020-09-30 07:43', 'https://www.reddit.com/r/Buttcoin/comments/j2g2n4/rbitcoin_moderator_removed_my_post_for_not_being/g75b10r/', "There is a rule on the sub that you can't post about the price. It shows up in the old reddit format. And to a lesser extent not post about market speculation news. The sub is supposedly about discussing Bitcoin itself. \n\n\nWhich really means that you can post memes when the price goes up, and maybe news relating to things about the price going up, but you can't post things about things that can make the price go down. \n\n\nChances are that there is keywords or criteria that makes it more likely to be autoremoved or looked at and moderated.", 'j2g2n4']]], ['u/georgiobtc', 'A matter of time', 39, '2020-09-30 08:14', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/', 'If you stacked $100 worth of bitcoin every week since the last US presidential debate you would have over 6.15 right now...\n\nTotal spent: $20800\nCurrent value: $69000', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/', 'j2grt7', [['u/The_Hominem', 21, '2020-09-30 08:25', 'https://www.reddit.com/r/Bitcoin/comments/j2grt7/a_matter_of_time/g75dux9/', '6.15 BTC... The perfect amount of bitcoin to hold.', 'j2grt7']]], ['u/rBitcoinMod', 'Daily Discussion, September 30, 2020', 15, '2020-09-30 09:01', 'https://www.reddit.com/r/Bitcoin/comments/j2hbdt/daily_discussion_september_30_2020/', "Please utilize ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['LONDON, ENGLAND / ACCESSWIRE / October 1, 2020 /After 5 years as "Spectrecoin\' the project announces a brand evolution to become \'Alias.\' This also includes a new effort around improved communications, investor relations, and business development for this well-established innovator in privacy and proof of stake technology.\nGovernments are striving to criminalize digital privacy under the pretense of increasing online safety and prevent money laundering. As a result, many exchanges have been delisting privacy projects whose only aim is to protect one\'s right to privacy online. Established projects like Alias and newcomers alike are working overtime despite this adversity and keep releasing bleeding edge technology.One has to only look at recent Github activity, it is clear that privacy projects are ramping up their development and delivering on their roadmaps, with projects like ZCoin, PIVX, ZCash, Monero, and Particl, to name a few. It seems like the crackdown is not slowing these privacy projects down, and Alias is confident in the need for its tech and tools as well."Privacy for the users is at the heart of everything we do," says Eirik Korsell, Project Steward at Alias. "..no attempt should be made to criminalize digital privacy; it should be an undisputed right."The news of this under the radar project comes in the wake of many recent initiatives and accomplishments for the Alias team, including:- Developing a unique Proof-of-Stake protocol using ring-signatures, facilitating a private staking mechanism not seen before in any other cryptocurrency.- Integrating Tor as a part of the code-base; providing robust network security, protecting users\' real-world IP address.- Solving a well-known privacy issue affecting decoy-based currencies like Monero and Grin by developing unique algorithms to mitigate this. (see link below)- Ensuring the full software could run on a Raspberry Pi, providing a low-cost, eco-friendly option for those with low-powered devices.- Soon to release a world-first for an Android app, fully-featured Anonymous Proof-of-Stake (APoS) allowing mobile users to earn rewards while maintaining their right to privacy.Why the Re-brand?The brand evolution will better reflect what Alias seeks to communicate and achieve, and will better enable it to fight the stigma of online privacy. At the same time, it will differentiate us from many other "Spectre" named projects.Eirik says, "We wanted a name which sounded more like a currency, felt more mainstream and brought a more positive vibe to the project and it\'s innovative and useful technology." "We\'re working to enhance all our communications towards reaching a broader audience while continuing to develop our advanced privacy technology."Why the name ALIAS?Creating an online persona or alias" can be one way to help protect oneself against the intrusions of a hyper-connected world. An alias allows for a greater amount of separation between personal and online life. Ultimately it provides an easy way to be online and less of a need to worry about potential threats from cybercriminals. This rings true for one\'s financial life, and thus the name was a perfect fit.Alias also understands there are situations where private transactions are unsuitable, thus allowing its users to choose between a public or private transaction. They have made it possible to offer this alternative without compromising the secure private transactions, preserving the right to privacy, and championing the freedom of choice.Alias is ideally positioned to excel in challenging the competition, leveraging its unique set of privacy features. Alias offers an intuitive, easy to use wallet, top-level security, and the ability to earn as you save, and supports the new digital economy with a fast, secure, digital cash solution.Everyone needs Alias!Aliaswas born out of a desire to create a simple, border-less private cryptocurrency, improving on Bitcoin\'s original idea with more robust privacy protocols and a more energy-friendly network through the use of Proof-of-Stake. Alias has a highly competent core development team comprised of a software architect and a software engineer with decades of experience. Alias aims to position itself at the forefront of the decentralized privacy revolution.\nMedia Contact:Eirik [email protected]+447713962237\nSOURCE:Cryptoshib\nView source version on accesswire.com:https://www.accesswire.com/608045/Alias-Privacy-Has-a-New-Name', 'LONDON, ENGLAND / ACCESSWIRE / October 1, 2020 / After 5 years as "Spectrecoin\' the project announces a brand evolution to become \' Alias .\' This also includes a new effort around improved communications, investor relations, and business development for this well-established innovator in privacy and proof of stake technology. Governments are striving to criminalize digital privacy under the pretense of increasing online safety and prevent money laundering. As a result, many exchanges have been delisting privacy projects whose only aim is to protect one\'s right to privacy online. Established projects like Alias and newcomers alike are working overtime despite this adversity and keep releasing bleeding edge technology. One has to only look at recent Github activity, it is clear that privacy projects are ramping up their development and delivering on their roadmaps, with projects like ZCoin, PIVX, ZCash, Monero, and Particl, to name a few. It seems like the crackdown is not slowing these privacy projects down, and Alias is confident in the need for its tech and tools as well. "Privacy for the users is at the heart of everything we do," says Eirik Korsell, Project Steward at Alias. "..no attempt should be made to criminalize digital privacy; it should be an undisputed right." The news of this under the radar project comes in the wake of many recent initiatives and accomplishments for the Alias team, including: - Developing a unique Proof-of-Stake protocol using ring-signatures, facilitating a private staking mechanism not seen before in any other cryptocurrency. - Integrating Tor as a part of the code-base; providing robust network security, protecting users\' real-world IP address. - Solving a well-known privacy issue affecting decoy-based currencies like Monero and Grin by developing unique algorithms to mitigate this. (see link below) - Ensuring the full software could run on a Raspberry Pi, providing a low-cost, eco-friendly option for those with low-powered devices. - Soon to release a world-first for an Android app, fully-featured Anonymous Proof-of-Stake (APoS) allowing mobile users to earn rewards while maintaining their right to privacy. Why the Re-brand? The brand evolution will better reflect what Alias seeks to communicate and achieve, and will better enable it to fight the stigma of online privacy. At the same time, it will differentiate us from many other "Spectre" named projects. Eirik says, "We wanted a name which sounded more like a currency, felt more mainstream and brought a more positive vibe to the project and it\'s innovative and useful technology." "We\'re working to enhance all our communications towards reaching a broader audience while continuing to develop our advanced privacy technology." Why the name ALIAS? Creating an online persona or alias" can be one way to help protect oneself against the intrusions of a hyper-connected world. An alias allows for a greater amount of separation between personal and online life. Ultimately it provides an easy way to be online and less of a need to worry about potential threats from cybercriminals. This rings true for one\'s financial life, and thus the name was a perfect fit. Alias also understands there are situations where private transactions are unsuitable, thus allowing its users to choose between a public or private transaction. They have made it possible to offer this alternative without compromising the secure private transactions, preserving the right to privacy, and championing the freedom of choice. Alias is ideally positioned to excel in challenging the competition, leveraging its unique set of privacy features. Alias offers an intuitive, easy to use wallet, top-level security, and the ability to earn as you save, and supports the new digital economy with a fast, secure, digital cash solution. Everyone needs Alias! Alias was born out of a desire to create a simple, border-less private cryptocurrency, improving on Bitcoin\'s original idea with more robust privacy protocols and a more energy-friendly network through the use of Proof-of-Stake. Alias has a highly competent core development team comprised of a software architect and a software engineer with decades of experience. Alias aims to position itself at the forefront of the decentralized privacy revolution. Story continues Media Contact: Eirik Korsell [email protected] +447713962237 SOURCE: Cryptoshib View source version on accesswire.com: https://www.accesswire.com/608045/Alias-Privacy-Has-a-New-Name', 'Dublin, Oct. 01, 2020 (GLOBE NEWSWIRE) -- The"An Analysis of the Libra Cryptocurrency Project from a Regulatory Perspective"report has been added toResearchAndMarkets.com\'soffering.\nThe announcement by Facebook in June 2019 regarding the proposed launch of their cryptocurrency Libra has triggered reactions from across the globe. Whilst the concept of a virtual currency available over a blockchain wasn\'t new, the fact that this was being fronted by Facebook made this a completely different ball game.\nWith close to 2.5 billion users worldwide, it was clear that Facebook\'s ambition was to create globally dominant currency, expanding financial services and the associated benefits to corners of the world where they don\'t currently exist.\nInevitably, the announcement also generated a considerable amount of nervousness and backlash from central banks and regulators worldwide, the sense being that Libra could destabilise monetary policy and introduce multiple regulatory headaches such as Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,914,324,303 - Hash Rate: 119056960.428763 - Transaction Count: 304757.0 - Unique Addresses: 679937.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto has many problems of its own making. Bad user experiences, unsustainable transaction fees, an inability to assess risks in the face of unyielding innovation . But until this year, I doubt anyone would have suggested that an interdependence on the U.S. dollar was one of them. The introduction of easily tradable, even decentralized, stablecoins has been a godsend for millions of ordinary people. They can now hedge against the constant fluctuations in price of ETH and BTC. And price stability means global commerce need no longer be obviously deterred in integrating programmable money into their digital operations. And yet, the land of the dollar is in trouble. The full economic repercussions of shutting down an economy for many months are yet to reach its apex. Debt is being monetized on a huge scale. There are huge wealth divides between generations, races and cities. Related: Investors Flock to India's DeFi Scene Months After Central Bank Ban Overturned Cultural and political divides run equally as deep. The U.S. population is so attitudinally polarized that even mask wearing is party-political. And at the top, the country is led by administration intent on stoking more division and taking sides. U.S. politics is so broken, it is not beyond comprehension that full blown civil strife could break out. In fact, it is something that U.S. journalists and generals have openly contemplated in trepidation of the possibility. Shiv Malik is the author of two books, the co-founder of the Intergenerational Foundation think tank and a former investigative journalist for the Guardian. He currently evangelizes about a new decentralized data economy for the open source project Streamr . And if America is so precariously balanced between further prosperity and potential disaster, so too rests the fate of the U.S. dollar for the rest of the world. Just the issue of U.S. Treasury debt issuance alone has had professional money managers warning this month that the U.S.’s reserve currency status is under threat. Story continues Traditional markets have mature financial products to hedge or flee such tectonic shifts. There are plenty of other world currencies or other non-USD denominated assets to transfer funds into should the dollar take a serious tumble. Related: First Mover: Binance CEO Sees Future in DeFi While Bitcoin Volatility Turns Minuscule Crypto lacks those same products, what an economist or trader might coldly describe as “financial instruments to hedge against external political risks”. Despite Web 3.0’s aim to be both global in reach, and also free of the control of nation states, its fate is still incredibly tied to USD. See also: Pascal Hügli – Hyper-Stablecoinization: From Eurodollars to Crypto-Dollars The crypto ecosystem utilizes the global reserve currency in almost every facet of its user experience. Of course, there are those BTC or ETH natives who sleep and breathe satoshis and gwei, but go to any exchange, or check gas prices in your wallet: crypto was built and is used by people who still work in greenbacks. The most obvious route out of such interdependence would be to adopt euro, yen or yuan backed stablecoins. But where there are more than half a dozen USD stablecoins with trading volumes regularly above $5 million per day, there are no non-USD stablecoins that can compete at that level. Why hasn’t one taken off as yet? Mariano Conti, formerly of the MakerDAO parish, the group who built the autonomous dollar-pegged dai (DAI) stablecoin, is better placed than most to explain why their team opted for dollars. Originally, Conti told me, dai was meant to be pegged to the International Monetary Fund’s Special Drawing Right ( SDR ), which serves as the unit of account between IMF nation state members. The IMF derives SDR by bundling and carefully weighting five major currencies including the yuan, euro, British pound and the yen. But, to put it succinctly, Conti said, “USD was chosen in the end because people think in dollars, not SDR.” See also: The Biggest Story in Crypto: The Stablecoin Surge and Power Politics Could this be changed? Could dai transfer to being backed by the euro or yen? “The protocol is capable of changing its peg to follow another currency if needed,” he said, “although the process would likely be painful.” A better idea is “issuing another currency, say EuroDai or YenDai backed by Dai.” In other words, building on success by supporting a new stablecoin with already existing collateral. “If they start gaining traction, having a DollarDai spin-off and then slowly make the underlying dai drift to an existing or new basket of currencies” would also be workable, he said. So decentralized, euro or yen backed stablecoins are possible but all of this would take time: Months to create, but perhaps over a year to really gain the trust of a community. And then perhaps even longer to build into the user experience of hundreds of dApps. A too tight deadline, but, to contemplate the worst, one that crypto might soon have no choice but to embrace. Related Stories Crypto Is Too Dependent on Dollars Crypto Is Too Dependent on Dollars... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Leaked recordings of a private conversation suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash in March. Seven audio files first emerged online on Sept. 25 that appear to be parts of a longer in-person conversation between Del Wang, co-founder of Beijing-based Babel, and an unknown person. The recordings offer a rare hint of strategies taken by the industry’s nascent crypto lenders in managing their balance sheets, suggesting some business practices may be different from what they claim. Related: BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes The audio files were initially uploaded to Anchor.fm by an anonymous Twitter user on Sept. 25 but were soon taken down by the platform after Babel filed complaints. The anonymous Twitter user then posted the recordings to YouTube. Several people familiar with the company listened to the recordings and confirmed to CoinDesk that it was Wang speaking. In one of the files, the unknown person also addressed Wang by his full name. In a written response to CoinDesk on Sept. 30, a Babel representative said the company is unable to confirm the authenticity of the recordings because they are “fragmented” and “clearly artificially edited.” The representative said they can’t comment on the content of the recordings and claimed the accusations made by the anonymous publisher were baseless and not factual. Wang didn’t respond to CoinDesk’s request for comment on the recordings. Related: Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited Following Babel’s initial response to Decrypt that the recordings could be patched together, the anonymous Twitter account posted two longer recordings on Sept. 30 that contain the previous seven parts. The new recordings suggest the conversations happened around March 20. Story continues Founded in 2018, Babel Finance is registered in Hong Kong with operations based in China. It has essentially taken on the role of a crypto bank in the industry by offering both saving and lending products. One of its money drivers was the difference between lending and saving interest. But according to the leaked recordings, Babel also bet that bitcoin’s price would rise and leveraged both its own and some customer funds to long bitcoin, which faced potential default risks during bitcoin’s 60% crash six months ago. ‘It’s called X Plan’ In the additional recordings published on Sept. 30, Wang can be heard saying Babel started buying bitcoin in early 2019 when its price was around $3,000. The initial capital for those purchases came from the $750,000 raised from Neo Growth Capital (NGC) and another $4 million as deposits, also from NGC. When asked why NGC didn’t buy bitcoin with the $4 million, Wang said NGC wasn’t planning to use that money for such a purpose. An unidentified partner at NGC reportedly said he was not aware of the NGC funds being used to speculate on bitcoin’s price. Wang apparently said in the recording that Babel adopted a strategy where it pledged the bitcoin it purchased to another lender in order to borrow more money when bitcoin’s price went up to $4,000. With the newly borrowed money, it continued buying more bitcoin. When bitcoin’s price went up again, it repeated the same method, which put more leverage on its long positions. “We became the customer of ourselves,” Wang said in the recordings. “We kept increasing our [bitcoin long] positions starting from $3,000 all the way to $14,000,” Wang was heard saying in the recordings. “Initially we had about 3X leverage, but then we leveled up as bitcoin’s price surged.” Read more: What Crypto Lender Celsius Isn’t Telling Its Depositors “It’s called X Plan,” Wang said in the recording, seemingly referring to the leverage strategy. “Initially only Flex Yang [Babel’s CEO and the other co-founder] and I knew about it. But later on three other shareholders also became aware of the plan.” Babel declined to elaborate on X Plan or comment specifically on the usage of NGC’s funds in the beginning, claiming information with its customers is confidential. The apparent upside of this method is the multiplied return on the back of bitcoin’s bull run in the first half of 2019, when bitcoin went from $3,000 to $14,000. Wang said in the recording that when bitcoin reached $14,000, the firm did realize this was not a long-term game and initially set a profit-stop order at $18,000. Even though it had later lowered the stop order targets, it didn’t fully close its positions. “Had we closed our positions even at $10,500, we could have made net profits of two to three hundred million yuan [around $30 million to $40 million],” Wang was heard saying. But the downside was the risk of how quickly Babel’s crypto reserves could react to margin calls from its capital sources for more bitcoin if bitcoin’s price suffered a sudden plunge. User funds Babel boasts that it is one of the major crypto lenders in the world, claiming to have over $350 million in outstanding loans as of June 30 this year. But customers’ deposits only constitute a relatively small part of the money that’s available for borrowers. A majority of Babel’s capital comes from other institutional lenders. Babel’s CEO and co-founder Flex Yang said prior to March 12 his firm was able to enjoy a collateral-to-loan (CTL) rate as low as 100% for borrowing funds from its capital sources. The firm’s main capital partners included BlockFi, Genesis Capital and Tether at the time. That means Babel would only need to pledge $1 million worth of bitcoin in order to borrow $1 million of USDT . But, when lending this amount to its own customers, Babel required an over 160% CTL rate, meaning borrowers needed to put in over $1.6 million worth of bitcoin as collateral. As such, Babel would have the difference of the $600,000 worth of bitcoin collateral sitting on the liability side of its balance sheet. One reason Babel could enjoy a more attractive collateral rate from its capital sources is because it advertises that Chinese bitcoin miners who are able to generate bitcoin organically and meet margin calls if needed are its primary lending customers. In an ideal situation, the risk would be relatively low for Babel if it holds all the $600,000 bitcoin collateral in the example above within its reserve. But the reality appears to be muddier because Babel didn’t exactly draw a fine line between its own assets and user funds, according to Wang in the recording. Read more: SEC Orders Salt Lending to Offer Refunds to Investors in Its $47M ICO In the response to CoinDesk, Babel claimed that customers’ collateral is either stored in cold wallets or further lent out to counterparties while taking in USDT as collateral. “The situation of Babel using customers’ funds to trade crypto doesn’t exist,” the firm claimed in the statement. But then that raises a question of how it could even differentiate customers’ positions from its own long positions if they were bundled together to execute a leverage plan. In one of the recordings, the unknown person said to Wang: “Strictly speaking, these [user] funds do not belong to you, and you should not have used them as leverage.” “Right,” Wang answered, explaining: “The money we used to buy bitcoin came from our fundraise, our interest profits and profits we made through increasing our long positions.” The person went on to question: “If it was all just your own asset, you couldn’t have got this large [long] position. … That means you probably have also used parts of borrowers’ collateral and depositors’ funds.” Wang did not directly answer with a yes or no to that question but said that “if considering ourselves as a customer, then our funds and real users’ funds are all mixed up together.” “The good customers are the real customers. The bad customers are ourselves,” Wang was also heard saying in the recording. Babel declined to disclose how large its long positions were before this year’s March sell-off. March 12 The real risk didn’t start to materialize until March 12, when bitcoin’s price crashed by over 60% in a matter of a day. The sudden drop led to a severe devaluation of Babel’s collateral at its capital sources, to the extent that its collateral at Tether at one point was worth below 80% of what Babel had borrowed from the USDT issuer, people familiar with Babel’s operations told CoinDesk. The people said at that point Babel owed Tether 2,000 to 3,000 BTC just to meet the 100% CTL rate. If Tether chose to liquidate Babel’s position, itself would also suffer a loss since the bitcoin collateral it had was worth much less than the money it lent out at that point. When asked why Babel didn’t send in more bitcoin to meet the margin calls from its capital sources during the March 12 crash, Wang said in the recording the firm didn’t have the coins for its own positions. He said Babel later liquidated some borrowers’ positions worth 3,000 to 4,000 BTC but didn’t exactly sell them. Babel declined to comment on Wang’s comment about it falling short of reserves to meet margin calls but claimed it didn’t default any borrower due to its own violation of terms, such as failing to pay back collateral as demanded. Babel said it also didn’t default any institutional lenders and there was no forced liquidation from its capital partners due to Babel’s own violation of terms. But one smaller lending partner, Hong Kong-based OSL, force-liquidated Babel’s more than 500 BTC collateral following the March 12 crash, according to screenshots of conversations between the two seen and reviewed by CoinDesk. Yang said the forced liquidation came after Babel met OSL’s margin calls and subsequently blamed OSL for the act instead of itself. OSL has not yet responded to CoinDesk’s request for comment. In fact, the people familiar with the situation said when the March 12 crash happened, Babel asked for credit lo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $198,914,324,303 - Hash Rate: 130578601.76057878 - Transaction Count: 315443.0 - Unique Addresses: 689077.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Jonathan Stempel NEW YORK (Reuters) - U.S. prosecutors on Thursday filed criminal charges accusing four founders and executives of BitMEX, one of the world's largest cryptocurrency derivatives exchanges, of evading rules designed to stop money laundering. The Department of Justice charged Arthur Hayes, Samuel Reed and Benjamin Delo, who together founded BitMEX in 2014, and Gregory Dwyer, its first employee and later head of business development, with violating the federal Bank Secrecy Act and conspiring to violate that law. Hayes, 34, of Buffalo, New York, and Hong Kong, is chief executive of BitMEX, while Reed is its chief technology officer. The Commodity Futures Trading Commission filed a separate civil lawsuit to halt BitMEX's U.S. commodity derivatives business. BitMEX is short for Bitcoin Mercantile Exchange. "We strongly disagree with the U.S. government's heavy-handed decision to bring these charges, and intend to defend the allegations vigorously," a spokesman for BitMEX's parent HDR Global Trading Ltd said. Dwyer's lawyer, Sean Hecker, said his client will contest the charges. Lawyers for the other individual defendants could not be identified. An indictment filed in Manhattan federal court said the defendants flouted their obligation to implement an anti-money laundering program with a "know your customer" requirement, which they knew was needed because BitMEX served U.S. customers. Their steps allegedly included incorporating BitMEX in the Seychelles because of its seemingly less stringent regulations, and where Hayes once bragged it would cost less to bribe authorities - just "a coconut" - than in the United States. Prosecutors said BitMEX ultimately made itself a "vehicle" for money laundering and sanctions violations, including claims it was used to launder proceeds of a cryptocurrency hack and that customers from Iran traded on its platform. The defendants "will soon learn the price of their alleged crimes will not be paid with tropical fruit," FBI Assistant Director William Sweeney said in a statement. Story continues Each count carries a maximum five-year prison term. Reed was arrested in Massachusetts and the other defendants are at large. The case is U.S. v. Hayes et al, U.S. District Court, Southern District of New York, No. 20-cr-00500. (Reporting by Jonathan Stempel in New York; Additional reporting by Gertrude Chavez-Dreyfuss in New York; Editing by Richard Chang and Matthew Lewis)... - Reddit Posts (Sample): [['u/UGetOffMyLawn', 'Voting in Maricopa County - Did you know?', 770, '2020-10-02 00:30', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/', '* Did you know the last day to register is [~~October 5th~~ extended to October 23rd](https://recorder.maricopa.gov/elections/registrationform.aspx)?\n\n\n* Did you know that early ballots will be sent out beginning on [October 7th](https://recorder.maricopa.gov/elections/electioncalendar.aspx) which coincides with the first day of in person early voting according to the election calendar?\n\n \n* Did you know you can watch live streams from the Elections Office [Ballot Tabulation Center](https://recorder.maricopa.gov/multimedia/btcgallery.aspx)?\n\n\n* Did you know that Adrian Fontes our County Recorder has series of [Myth Busters videos](https://recorder.maricopa.gov/site/faq.aspx#tabs=4) out about our elections?\n\n\n* Did you know you can read the full [Early Voting](https://recorder.maricopa.gov/pdf/GENERAL%20ELECTION%202020_Early%20Voting%20Plan_FINAL.pdf) and [Emergency Voting](https://recorder.maricopa.gov/pdf/Final%20November%202020%20General%20Election%20Day%20and%20Emergency%20Voting%20Plan%209-16-20.pdf) Plans online?\n\n* Did you know that the Maricopa County Voter Dashboard is found [here](https://recorder.maricopa.gov/beballotready/)?\n\n\n* Did you know that Maricopa County provides both [online and paper maps](https://recorder.maricopa.gov/electionmaps/) (for a small fee) of many different election data points?\n\n \n* Did you know that election results will be available [here](https://recorder.maricopa.gov/electionresults/)?\n\n* Did you know you can sign up for [text or email alerts](https://recorder.maricopa.gov/subscriptions/) to get updates on your ballot in Maricopa County?\n\n* Did you know you can check where a local Vote Center or Drop Box is [right here](https://recorder.maricopa.gov/pollingplace/) (with a searchable list coming soon)?\n\n* Did you know we have much more information available on our [Politics](https://www.reddit.com/r/phoenix/wiki/politics/) wiki page?', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/', 'j3iu5y', [['u/mitterjabbers', 77, '2020-10-02 00:47', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7c8wom/', 'Please, everyone go vote!', 'j3iu5y'], ['u/silentcmh', 179, '2020-10-02 01:24', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cdcl9/', 'Mods, let’s pin this.', 'j3iu5y'], ['u/concentrate7', 35, '2020-10-02 01:34', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cefzc/', 'Fantastic post!', 'j3iu5y'], ['u/markp_93', 25, '2020-10-02 01:37', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cettl/', 'Thank you for posting this.', 'j3iu5y'], ['u/greggilliam2nd', 15, '2020-10-02 01:40', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cf4ge/', 'Thank you. Was wondering when I’d get my ballot.', 'j3iu5y'], ['u/UncleTogie', 13, '2020-10-02 01:43', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cfhmd/', "Post like this are why you're my Puddin' Bear.", 'j3iu5y'], ['u/Andrew_Korenchkin', 11, '2020-10-02 01:49', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cg3um/', 'Fantastic post. \n\nYour vote counts, everyone should be voting!', 'j3iu5y'], ['u/Andrew_Korenchkin', 20, '2020-10-02 01:50', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cg46i/', 'Agreed.', 'j3iu5y'], ['u/115MRD', 59, '2020-10-02 01:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cgexs/', "[Even if you think you're registered check your status here!](https://my.arizona.vote/PortalList.aspx)\n\nRemember you have to re-register if you move or change your name!", 'j3iu5y'], ['u/bethster2000', 16, '2020-10-02 02:03', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7chfvb/', 'Will be voting in person, but thanks for the links...just double-checked and I am registered and ready to vote.\n\n# VOTE!!!!', 'j3iu5y'], ['u/RobertAPetersen', 27, '2020-10-02 02:08', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7chyp9/', 'Yes', 'j3iu5y'], ['u/jc0187', 21, '2020-10-02 02:12', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cidnh/', 'Vote people! Get your voice out there! Vote...to legalize recreational marijuana! We can make it happen this time!', 'j3iu5y'], ['u/decoy321', 22, '2020-10-02 02:15', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ciq9u/', 'I support this. u/UGetOffMyLawn is a goddamn credit to this town.', 'j3iu5y'], ['u/auggie5', 15, '2020-10-02 03:01', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cnnqk/', 'Upvote this to the top!\n\nBtw it sucks that they made that rule. You used to be able to tell the person your name and address, they would mark you off of the list and you would get your ballot. The ID thing is pointless. It’s funny that the party of small government constantly wants more government', 'j3iu5y'], ['u/jdcnosse1988', 18, '2020-10-02 03:10', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cosaz/', 'This is one of the reasons I dislike how they do address changes.\n\nGrowing up in Michigan, when I moved and changed my address, they gave me a sticker with the new address to put on the back, and it was considered official.\n\nHere in AZ I always have my voter registration card on me because my ID has my address from 8 years ago.', 'j3iu5y'], ['u/BASK_IN_MY_FART', 20, '2020-10-02 03:24', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cqeer/', 'Yaaas, or however the kids say that. I concur!', 'j3iu5y'], ['u/MessianicJuice', 16, '2020-10-02 03:34', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7crl27/', "It's just to decrease turnout by x%.", 'j3iu5y'], ['u/marionbobarion', 11, '2020-10-02 03:47', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ct1k6/', 'Maricopa County Early Voting. I opened mountains of voter registrations today.', 'j3iu5y'], ['u/UncleTogie', 13, '2020-10-02 03:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7ctq0f/', '> I concur!\n\nI can never see those two words together without flashing back to [a classic...](https://www.youtube.com/watch?v=dm1p9mE9RBw)', 'j3iu5y'], ['u/[deleted]', 10, '2020-10-02 04:16', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7cw7pf/', 'Did you know there’s a [Permanent Early Voting List](https://recorder.maricopa.gov/PermEvSignup/) you can sign up for when you register, or anytime thereafter, and you’ll automatically get mailed all ballots you’re qualified to vote on, including primaries, state and local elections, initiatives, school board, budget overrides, etc?', 'j3iu5y'], ['u/udderchaos69', 10, '2020-10-02 05:50', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7d5zys/', 'And danced in space!!', 'j3iu5y'], ['u/KittyLune', 11, '2020-10-02 10:53', 'https://www.reddit.com/r/phoenix/comments/j3iu5y/voting_in_maricopa_county_did_you_know/g7dtgam/', "And you have to reregister to change party affiliations! That's a very important piece of information in case you're stuck under Other for a party-specific election. I can't tell you how many times I had to explain to valley residents that they were unable to vote in the Democratic Presidential Preference election back in March because they didn't change that information.", 'j3iu5y']]], ['u/ADementedPony', 'How much Bitcoin is enough to start with?', 11, '2020-10-02 02:43', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/', 'I don’t really know too much about cryptocurrency but have been told to invest into xrp. I have purchased 560XRP for now but is this enough to make a decent amount of money?', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/', 'j3kwr6', [['u/jfgrissom', 17, '2020-10-02 03:04', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/g7co2wr/', 'This is the painful thing about trading or investing. Just when you think the bull run is over, it keeps going. Just when you think it will keep running, it’s over.\n\nPersonally my first window for selling a small portion is when 1 XRP has today’s equivalent purchasing power of 50 USD. But when that will happen (if ever)... who knows? \n\nDon’t count on what you invested. Consider it cash you light on fire and forget about it. Maybe you’ll be surprised and get to retire. Maybe it just goes down in your personal history as money spent on something similar to Starbucks or alcohol.', 'j3kwr6'], ['u/boomythewitcher', 20, '2020-10-02 03:25', 'https://www.reddit.com/r/XRP/comments/j3kwr6/how_much_bitcoin_is_enough_to_start_with/g7cqh4n/', "At the end of the day, you invest what you are willing to lose especially for crypto. Doesnt matter how big or small tbh. Even if you just put in 50 bucks a month, if the price goes up 100x after 5 years, then that's at least, a sweet 60k. Your financial capability should dictate the amount you're willing to put in.\n\nMost of my money (80-85%) is actually in the traditional stuff- bonds, retirement pension stuff etc. Only 15% is allocated in crypto and stocks. This 15% won't keep me awake at night if I lose it all but the practice of me consistently putting money in 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: ['Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0.\nA mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse.\nFalling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0.\nBitcoin fell through the first major support level at $10,404 before finding support.\nA partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red.\nThe near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down.\nBitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled.\nBinance Coin saw a modest 0.26% loss on the day, however.\nIn the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn.\nBitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%.\nAt the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV bucked the trend early on, with a 0.43% gain.\nIt was a bearish start for the rest of the majors, however.\nAt the time of writing, Binance Coin was down by 0.82% to lead the way down.\nBitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,849 before any pullback.\nFailure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play.\nBarring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Forecast – Gold Markets Throw Up Neutral Candlestick\n• Crude Oil Price Forecast – Crude Oil Markets Look Vulnerable\n• USD/CAD Daily Forecast – Support At 1.3280 Stays Strong\n• Natural Gas Price Forecast – Natural Gas Markets Show Resiliency\n• Gold Price Prediction – Prices Ease Following Soft Payroll Report\n• The Weekly Wrap – Data, COVID-19, Brexit, and U.S Politics Drove the Majors', 'Bitcoin, BTC to USD, fell by 0.44% on Friday. Following on from a 1.51% on Thursday, Bitcoin ended the day at $10,586.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $10,686.0 before hitting reverse. Falling well short of the first major resistance level at $10,919, Bitcoin slid to a late morning intraday low $10,391.0. Bitcoin fell through the first major support level at $10,404 before finding support. A partial recovery saw Bitcoin strike an afternoon high $10,607 before easing back into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Bitcoin Cash SV (-6.04%), Cardano’s ADA (-5.05%), Chainlink (-3.93%), and Polkadot (-4.59%) led the way down. Bitcoin Cash ABC (-3.09%), Crypto.com Coin (-2.26%), Ethereum (-2.02%), Litecoin (-2.79%), and Ripple’s XRP (-1.54%) also struggled. Binance Coin saw a modest 0.26% loss on the day, however. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.05bn. At the time of writing, the total market cap stood at $327.54bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.60%. This Morning At the time of writing, Bitcoin was down by 0.25% to $10,560.0. A bearish start to the day saw Bitcoin fall from an early morning high $10,592.0 to a low $10,549.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV bucked the trend early on, with a 0.43% gain. It was a bearish start for the rest of the majors, however. At the time of writing, Binance Coin was down by 0.82% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,554 to bring the first major resistance level at $10,718 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $10,686.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,849 before any pullback. Failure to avoid a fall back through the $10,554 pivot would bring the first major support level at $10,423 into play. Barring another extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,200 support levels. The second major support level at $10,259 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Forecast – Gold Markets Throw Up Neutral Candlestick Crude Oil Price Forecast – Crude Oil Markets Look Vulnerable USD/CAD Daily Forecast – Support At 1.3280 Stays Strong Natural Gas Price Forecast – Natural Gas Markets Show Resiliency Gold Price Prediction – Prices Ease Following Soft Payroll Report The Weekly Wrap – Data, COVID-19, Brexit, and U.S Politics Drove the Majors', 'A bunch of my friends from high school back in Kansas were getting together for a birthday at a hometown bar a little while back and I, now a New Yorker, couldn’t be there. So I told one of my buddies to buy everyone a round and Venmo me for whatever it cost. His response: “What’s Venmo?” It was one of about a billion times life has told me that you can’t go home again, but this story would come as no surprise to Lana Swartz, a media studies professor at the University of Virginia. She’s the author of the book “ New Money: How Payment Became Social Media ,” which goes into detail explaining how payment apps are more than tools. Related: Italian Payments Giants Merging to Form Entity That Will Dominate Local Market In short: Payment signals affiliation. Swartz calls payment groupings “transactional communities,” and every credit card or national currency represents one. As Swartz writes in her book, “Venmo is not a wallet, it’s a conversation.” I’ve joined it. My old friends are still splitting the tab by hand. So it goes. What about crypto? “New Money” is a read that will force members of any crypto tribe to ask themselves: Who am I? What does using ETH or BTC or XLM or ATOM say about me and those with whom I affiliate? Swartz’s book is all about the complex story of how payments work, and what your chosen currency says about you. Related: The Standard About to Revolutionize Payments Acknowledging this, Swartz describes blockchain in particularly in a grand way, writing: “A money that remembers better is, for many people, the ‘dream’ promised by blockchain, a perfect transactional memory, a truly distributed ledger of all money’s distributed agency, eternal and transcendent of human incapacity, remembering everything and beholden to no one.” As Swartz put it when we spoke, there was a camp of early Bitcoiners, those who counted themselves among the cypherpunks or an adjacent group, who knew that “getting the money right will either be a matter of having the internet be just another overlay on the existing kind of tyranny, existing power, or it could really be an opportunity for changing society for the better.” Story continues Read more: Bitcoin and the Rise of the Cypherpunks But, since Bitcoin, more than a thousand cryptocurrencies have sprung up, and 25 of those (as of this writing) have market capitalizations greater than $1 billion. Nothing gets to that kind of value without some number of people buying into its message. But blockchain tribes tell garbled stories about themselves; each credit card company knows exactly how it wants its customers to see themselves. Peasants into Frenchmen It should be noted that “New Money” is about payment, not crypto, but it gives crypto a respectful spot in the overall story, which is a useful one for this industry. Adopting a given kind of money has long helped instill a shared identity. In our conversation, Swartz and I revisited her book’s discussion of Eugen Weber , the UCLA historian who wrote in 1976 of how the French franc was a key tool in turning “ peasants into Frenchmen ” because using it gave them a transactional community, one where the fruits of their labor could be redeemed far from home. Since nations demonstrated the efficacy of creating transactional communities to bind their people, the private sector has just gone on building more and more transactional communities on top of fiat. Swartz describes how traveler’s checks were a way for wealthy people to show that their money was good all over the world. Charge cards were a way for businessmen to show they were elite. Read more: Understanding the Coming Currency Cold War And 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: 2020-10-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,913,551,775 - Hash Rate: 144980653.4253485 - Transaction Count: 310855.0 - Unique Addresses: 642826.0 Social & AI Sentiment: - Fear & Greed Index: 0.40 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: “YAMs = Ponzinomics of AMPL + Chad launch of YFI + Meme math of Tendies,” Messari analyst Ryan Watkinstweetedabout the latest decentralized financial application to set crypto atwitter. It’s the type of back of the napkin logic that looks like gibberish on its face, but has an internal cohesion that makes sense to insiders. Yams, chads and tendies. “In this market, where there are so many different projects already fighting for attention and new ones launching everyday, it is important for projects to try and get people motivated to spend their time learning about THEIR project,”Anil Lulla, COO of Delphi Digital said over email. “Memes are an easy way to get a narrative around and perhaps the quickest way to get eyeballs.” Related:First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole “A lot of these protocols have a lot of complex intricacies that are quite hard to grasp without doing a significant dive and researching the protocol for weeks (not hours or days),” he said. That’s a level of attention that some of these projects can’t afford. Their memes die as quickly as they rise. See also: Nathaniel Whittemore –‘Stacking Sats’ vs. ‘ETH Is Money’ – The Memes That Shaped 2019 In what appears to be the beginning of another crypto bull market, a lot of attention is being directed at decentralized finance, or DeFi, and the permissionless financial experiments the ecosystem is driving. These memetic projects, inscrutable or absurd to a general audience, have rekindled a conversation about what crypto wants to be. Related:Why DeFi Pulse's Key Metric Is So Simple It's Confusing Memes are thelingua francaof the internet, performing as shorthand for complex phenomena. In the world of cryptocurrencies, memes hold particular sway. Like crypto, memes were born on the internet and have journeyed from the fringes to the mainstream. They’re used to drive adoption of cryptocurrency, signal bullishness or bearishness on certain assets or coins by traders and even boost the value of tokens. They are a part of the discourse, commemorate events, spur narratives about certain coins and even help people earn millions of dollars. The term “meme” comes from Richard Dawkins’ 1976 book “The Selfish Gene.” He describes a meme as a behavior or idea that jumps from person to person within a culture. “We are built as gene machines and cultured as meme machines,” he wrote, describing the idea that these cultural artifacts are a way to communicate ideas quickly to humans with a limited attention span. See also:Is Bitcoin in 2020 Really Like the Early Internet? The term, which was not originally intended to describe DeFi or “brr” money printers, was appropriated to describe cheeky online images. Not that Dawkins minded. “When anybody talks about something going viral on the internet, that is exactly what a meme is and it looks as though the word has been appropriated for a subset of that,” Dawkins said in a2013 interview. While memes are often associated with image macros accompanied by black and white text, any idea – be it represented as a .gif, text or video – that goes viral online can rightfully be called a meme, under Dawkins’ definition. I’ve been really interested in memes in particular because I feel like it’s so important for getting crypto to have mainstream adoption and interest. A less academic eye would probably see memes purely as jokes. Greta Thunberg earned a headline-grabbing reputation after her climate protest went viral; while her activism is memetic, it isn’t a meme. There’s a tension between the meme and how it functions. At once a viral bit of information, memes also create in-groups and out-groups between those who understand. In this sense, memes are a mirror of crypto, a tool for connecting the world that’s partially occluded by its technicality and what is sometimes called crypto’s “toxic community.” Linda Xie, former product manager at Coinbase and now founder of the crypto investment fund Scalar Capital, dove deep into the links between memes and crypto after becoming interested in dogecoin, the first parody cryptocurrency to take off in a big way (itrecently took off once morefollowing some new TikTok videos). “I’ve been really interested in memes in particular because I feel like it’s so important for getting crypto to have mainstream adoption and interest,” she said in a phone call. “Just having a really clear meme goes a lot further than people writing some incredibly long blog post.” The adorable Shiba Inu, Doge, was first posted on a random blog in 2010, given an inner monologue on Tumblr in 2011, used by 4chan hordes to spam Reddit in 2013 and eventually became the namesake of a cryptoproject that same year. See also: Nathaniel Whittemore –TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story Although the project is an elaborate joke – it’s a fork of Luckycoin, which is a fork of Litecoin, which itself splintered from Bitcoin – it developed a serious community of users. People used it to tip each other for good content, and there was a good faith effort to rebrand as the people’s crypto, as opposed to the “elitist”bitcoin. “I just liked the congenial atmosphere and the crowdfunding elements (the bobsled team, etc). It was entertaining and I could mine it on my laptop for a while, unlike bitcoin,” Nic Carter, co-founder of Castle Island Ventures and CoinDesk columnist, said over Telegram. Joke or not, dogecoin now has a$421 million market cap. Xie said this represents how memes can shape reality. Just because you’re laughing doesn’t mean you don’t have skin in the game. Seven years later, similarly bizarre concepts for crypto projects – some that advertise themselves as useless lines of code – are still able to attract millions of dollars worth of investments. YAM, PASTA and BASED are among the most recent. To draw attention to the phenomenon, Consensys’Jordan Lyallhas created his own meme-DeFi project. “Introducing The Degenerator,” hetweetedon Aug. 14. “Spin up a new#DeFiproject in as little as 5 minutes!” The idea pokes fun at the way that comically named DeFi projects like YAM and others were rapidly spinning up value. The developer’s anti-meme joke took on a life of its own though, particularly when someone minted a meme coin called Degenerator, listed as $MEME on exchanges. Two weeks later, “Degenerator” was dropped, and the coin became just $MEME. It now has a market cap of more than $2 million and islisted on CoinGecko. Lyall now tells people not to buy it. His warning “don’t buy $MEME” has become a staple in crypto Telegram circles, he said in a phone conversation. There had already been infighting and a hard fork in the group, but what’s risen to the surface from the community is the launching of an actual protocol in which you stake $MEME for nonfungible tokens (NFT) of art created by meme artists. The project formally launches today. “It’s a mix of YAM and CryptoKitties,” Lyall said. See also:Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M Lyall recognizes the whole thing has spiraled out of his control, and at this point he’s just watching to see what happens. Most people probably bought in the LOLs (laugh out loud) rather than the gain, he says. But sometimes where the LOLs go online, the gains follow. “I’m just extremely fascinated with how something so dumb, a Twitter joke and graphic that took me half an hour to design, really created $2 million in value in a couple of hours,” he said. Such projects are self-referential protocols that make light of, while also exemplifying, the “monetary experiments” that decentralized finance (DeFi) enables. Sponsored by “degenerate traders,” they’re as much about making money as having fun, according to CoinDesk’s Will Foxley. Not every meme-coin is jovial. CoronaCoin, launched in February, was a morbid experiment to tie financial success to death. See also:SingularityNET, Ocean, Algorand, Triffic, Enigma Add To Fight Against Coronavirus “People fixate on the wrapping, but the substance is really an opportunity to make a lot of money gambling,” Carter said. Absurdist on the face, these protocols leverage rock-solid “nakamoto schemes” and zero-sum games to create real financial opportunities, he said. David Z. Morris, a reporter at Fortune and author of “Bitcoin is Magic: Internet Money, Memetic Warfare, and the End of Mere Reality,” said crypto memes are a window on market sentiment. “Traders are dealing with short-term sentiment and meta information about how people are thinking right now,” said Morris. “So when you look at an interval of a couple of days at a time, a meme can have a lot of influence, particularly when it crosses over to somewhere like Twitter.” For various reporting projects he’s spent time on forum sites like 4chan and said he’s seen that memes, offhand comments and relatively shallow discourse was particularly dominant among traders. He said that popularity is significant for understanding how memes work. The movement of memes from 4chan to mainstream sites like Twitter isn’t new. In fact, researchers found that after looking at 160 million memes from Gab, Twitter, 4chan, and Redditmost of them began on 4chan or Reddit, both of which were key platforms for the cryptocurrency community. So memes not only play a role in making things like dogecoin more popular, but also serve as shorthand communications mechanisms for traders who need to signal something quickly. “You have a bunch of people who are very smart, trying to process information as quickly as possible, and memes are a packaging method that works to do that,” said Morris. See also:Ethereum as Lifestyle Brand: What Unicorns and Rainbows Are Really About But it’s not just price signals these memes are sending, thinks Demetri Kofinas, host of the Hidden Forces podcast and longtime observer of the industry. There’s a sociological aspect of memes that seem to draw upon traders’ deepest insecuriti... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6. It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support. Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0. Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin rose by 3.18% to lead the way. Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support. It was a bearish day for the rest of the majors, however. Polkadot slid by 1.28% to lead the way down. Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%. This Morning At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Binance Coin was up by 0.54% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback. Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, Trump, Brexit, and Economic Data in Focus Gold Price Prediction – Prices Ease Following Soft Payroll Report Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Crude Oil Weekly Price Forecast – Crude Oil Continue to Soften Silver Weekly Price Forecast – Silver Markets Rally Slightly Natural Gas Weekly Price Forecast – Natural Gas Continue Same Range', 'Bitcoin, BTC to USD, slipped by 0.26% on Saturday. Following on from a 0.44% decline on Friday, Bitcoin ended the day at $10,558.6. It was a relatively range-bound day on Saturday. Bitcoin fell to a mid-morning intraday low $10,513.0 before finding support. Steering clear of the first major support level at $10,423, Bitcoin rose to a late afternoon intraday high $10,616.0. Falling well short of the first major resistance level at $10,718, Bitcoin fell back to sub-$10,600 levels and into the red. The near-term bullish trend remained intact, in spite of the latest pullback. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin rose by 3.18% to lead the way. Cardano’s ADA (+0.52%), Chainlink (+0.52%), Ethereum (+0.13%), and Litecoin (+1.47%) also found support. It was a bearish day for the rest of the majors, however. Polkadot slid by 1.28% to lead the way down. Bitcoin Cash ABC (-0.93%), Bitcoin Cash SV (-0.36%), Crypto.com Coin (-0.14%), and Ripple’s XRP (-0.57%) also joined Bitcoin in the red. In the current week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.20bn. At the time of writing, the total market cap stood at $328.15bn. Bitcoin’s dominance fell to a Thursday low 58.78% before rising to a Friday high 59.99%. At the time of writing, Bitcoin’s dominance stood at 59.55%. This Morning At the time of writing, Bitcoin was up by 0.20% to $10,579.4. A mixed start to the day saw Bitcoin fall to an early morning low $10,541.0 before rising to a high $10,580.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash ABC (-0.35%), Bitcoin Cash SV (-0.59%), Cardano’s ADA (-0.29%), Chainlink (-0.51%), Polkadot (-0.48%), and Ripple’s XRP (-0.03%) saw red early on. Story continues It was a bullish start for the rest of the majors, however. At the time of writing, Binance Coin was up by 0.54% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,563 to bring the first major resistance level at $10,612 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $10,600 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,666 and resistance at $10,700 before any pullback. Failure to avoid a fall back through the $10,563 pivot would bring the first major support level at $10,509 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,400 support levels. The second major support level at $10,460 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: The Week Ahead – U.S Politics, Trump, Brexit, and Economic Data in Focus Gold Price Prediction – Prices Ease Following Soft Payroll Report Gold Price Futures (GC) Technical Analysis – Strengthens Over $1917.40, Weakens Under $1889.70 Crude Oil Weekly Price Forecast – Crude Oil Continue to Soften Silver Weekly Price Forecast – Silver Markets Rally Slightly Natural Gas Weekly Price Forecast – Natural Gas Continue Same Range', 'Since the formal introduction of Ethereum in 2014, the network has exploded with products that allow users to transact directly with one another, without relying on a third party.\nOne of the most common use cases is that of a decentralized exchange (DEX), an idea that dates back to Vitalik Buterin’s unveiling of Ethereum in 2014. Examining the history of how DEXs have evolved can help elucidate where DEXs are headed and how they will compete with centralized exchanges.\nDEXs come in a variety of forms, but share one common quality: non-custodial. DEXs use smart contracts to manage funds on-chain, so users never have to trust a third party with their money.\nRelated:First Mover: Day in the Life of a Yield Farmer Means Part-Time Gig, Full-Time Risk\nHowever, theexchangepart of a DEX – the way buyers and sellers find each other – can vary widely from one implementation to another. When thinking about the future of DEXs, it’s helpful to first understand their past.\nAlex Wearn is the co-founder and CEO of IDEX, a high-performance DEX. He has spent his career in software development, including time at Amazon, Adobe, and IBM. He has been hacking on crypto startups since 2014, transitioning to full time with the launch of IDEX in 2018.\nThe earliest Ethereum DEXs, like EtherEx and OasisDex, built a traditional central limit order book (CLOB) exchange entirely out of Ethereum smart contracts. Developers and users quickly discovered that order management and trade execution are not well suited for a blockchain. In particular, the placing and cancelling of orders by market makers, and the interaction of traders with the on-chain order book, were expensive and error prone due to the high costs and latency of on-chain transactions.\nIn mid-2016, a new exchange, EtherDelta, innovated on this model by bringing the order book off-chain. This design eliminated the cost of order creation and reduced the latency and gas costs of placing an order.\nRelated:Open Interest in CME Bitcoin Futures Slides as Market Sapped by Surging DeFi\nWhile it was a major improvement, users still incurred costs for canceling orders – a fee which prohibited market makers from providing liquidity at scale. Additionally, takers submitted their own trades to the network, creating on-chain “trade collisions,” with multiple takers competing for the same order. On peak days, up to 30% of trades failed due to these on-chain collisions.\nAlthough the first iterations of DEXs faded over time, they were innovative, forward-thinking, and laid the groundwork for models in use today.\nImproving upon the earliest DEX models, the next generation of DEXs, including IDEX and DDEX, explored a hybrid approach. This design moved both order books and trade execution off-chain. With off-chain execution, users match their own orders but submit them to the exchange, which executes the trade and relays the order to the network for settlement. This approach eliminates the issues of on-chain trade collisions, gas fees for canceled orders, and front-running. This model served as the dominant trading model for almost two years.\nHowever, this design is not without flaws. Without a mat Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,913,551,775 - Hash Rate: 151592064.050859 - Transaction Count: 268019.0 - Unique Addresses: 562147.0 Social & AI Sentiment: - Fear & Greed Index: 0.42 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Around the time he became CEO of Playboy Enterprises, L.A.-based financier Ben Kohn began the construction of a lavish new estate on L.A.s Westside, within one of the areas only guard-gated communities. Before the house was completed earlier this year, Kohn changed his mind about moving into the mansion or maybe he intended to flip it all along because the place was shopped around off-market and toured by Justin Bieber and Haley Baldwin, who allegedly took a shine to the house and initiated escrow on it, though that deal was ultimately called off. (The high-profile couple eventually paid $25.8 million for a different home, this one high in the mountains above Beverly Hills.) In June, the Kohn compound popped up on the open market with a $30 million pricetag, and the property quickly sold for $25.8 million the biggest deal recorded in Brentwood so far this year. The new owners are tech entrepreneur-turned-leading Bitcoin investor Josh Jones , who already lives in the general area but had been seeking a residential upgrade. Described as a young and hip Mediterranean in listing materials, the nearly 9,300 sq. ft. structure was designed by L.A. megamansion specialist William Hefner , with interiors by Estee Stanley . The red-tile-roofed house sports a mesmerizing entryway, with double glass doors that swing into a foyer that opens via another set of double glass doors directly to the backyard, where theres a sprawling lawn and Century City skyline views framed by mature olive trees. Gorgeous herringbone-patterned hardwood floors flow into the living room, which offers a beamed ceiling with a crystal chandelier and fireplace. Other public spaces have decidedly contemporary finishes, like the formal dining that easily seats 10 and opens to an outdoor terrace. The magazine-worthy kitchen offers book-matched marble walls, designer Bluestar appliances sheathed in a shiny black lacquer, and custom rustic oak cabinetry for contrast. Theres also a family room that opens to a screened loggia with a limestone fireplace. Story continues The master suite, one of five bedroom suites in the house, includes multiple banks of windows with dazzling views of the entire L.A. basin and on a clear day the Pacific Ocean, plus a marble-slathered bathroom and dual closets. Theres also an upstairs family room and a carpeted screening room thats more casual than the typical mansions movie theater but perfectly suits the effortlessly luxurious, low-key vibe of the property. Outdoors, the 1.8-acre hilltop lot boasts al fresco dining area, a substantial gated motorcourt, and a lap-lane swimming pool with inset spa. The aforementioned grassy lawn is big enough for a soccer pitch just make sure any out-of-bounds balls dont go flying down the steep hillside. Jones, a 42-year-old alumnus of Claremonts Harvey Mudd College, cofounded web hosting service Dreamhost in 1996. Since then, the company has grown to employ 200 and now services over 400,000 customers worldwide. But to the public at large, Jones may be best-known for his early involvement with Bitcoin , a lucrative investment Jones describes himself as a bitcoin billionaire that turned sour after he reportedly had $45 million worth of bitcoin currency stolen from him online account, a major theft that was widely reported online. In addition to his new $25.8 million Brentwood estate, Jones owns at least four other multimillion-dollar homes on L.A.s Westside, according to property records, all of them in Santa Monica. His main residence appears to be a $6.2 million Cape Cod-style in a leafy part of the city, while he also own side-by-side teardown houses in the same general area. Shortly after the Brentwood mansion was acquired in July, the two Santa Monica teardown were both put up for sale, asking a total of $11.6 million. And in 2018, he purchased a plum oceanfront property in Santa Monica that consists of a 1930s cottage sandwiched between two massive neighboring mansions. Records show that demolition permits have since been acquired for the address in question. Gary Gold of Hilton & Hyland held the listing; David Kramer Â and Andrew Buss , also of Hilton & Hyland, repped Jones. Launch Gallery: Inside Bitcoin Investor Josh Jones' $25.8 Million Brentwood Mansion More from DIRT Billionaire Heir Damien Sabella Buys $9.3 Million Compound on Malibu's Point Dume On 'The Office,' Steve Carell and the Dunder Mifflin Gang Call a Panorama City Studio Home Michael Feinstein Finally Sells Historic Los Feliz Mansion... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support.\nSteering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0.\nBitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666.\nA pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon.\nThrough the 2ndhalf of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels.\nThe rally saw Bitcoin break back through the first and second major resistance levels.\nThe near-term bullish trend remained intact, in spite of the latest pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bullish day on Sunday.\nRipple’s XRP rallied by 6.50% to lead the way.\nBinance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support.\nBitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners.\nFor the week, it was a mixed bag for the majors, however.\nBinance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains.\nIt was a bearish week for the rest of the pack, however.\nChainlink led the way down, sliding by 12.95%.\nBitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red.\nIn the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn.\nBitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%.\nAt the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0.\nBitcoin tested the first major resistance level at $10,753 early on.\nElsewhere, it was a mixed start to the day.\nLitecoin was down by 0.30% to buck the trend early on.\nIt was a bullish day for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 2.39% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to hold onto $10,700 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,819 before any pullback.\nFailure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475.\nThisarticlewas originally posted on FX Empire\n• USD/JPY Forex Technical Analysis – Retesting Main Retracement Zone at 105.526 to 105.885\n• The Future of DeFi: Boom or Bust?\n• Price of Gold Fundamental Weekly Forecast -Trump’s Health, Stimulus Progress Sets the Tone\n• Oil Price Fundamental Weekly Forecast – Price Rebound Hinges Upon Speed of Trump’s Recovery\n• NZD/USD Forex Technical Analysis – Trader Reaction to .6655 Sets the Tone\n• GBP/USD Daily Forecast – Resistance At The 50 EMA Stays Strong', 'Bitcoin, BTC to USD, rose by 1.22% on Sunday. Reversing a 0.26% fall from Saturday, Bitcoin ended the week down by 1.08% to $10,678.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $10,541.0 before finding support. Steering clear of the first major support level at $10,509, Bitcoin rose to a mid-morning high $10,676.0. Bitcoin broke through the first major resistance level at $10,612 and the second major resistance level at $10,666. A pullback through the late morning saw Bitcoin fall back through to sub-$10,600 levels going into the afternoon. Through the 2 nd half of the day, Bitcoin rallied to a late intraday high $10,713.0 before easing back to end the day at $10,680 levels. The rally saw Bitcoin break back through the first and second major resistance levels. The near-term bullish trend remained intact, in spite of the latest pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Sunday. Ripple’s XRP rallied by 6.50% to lead the way. Binance Coin (+2.80%), Cardano’s ADA (+3.71%), and Litecoin (+2.52%) also found strong support. Bitcoin Cash ABC (+0.73%), Bitcoin Cash SV (+1.23%), Chainlink (+1.38%), Crypto.com Coin (+0.48%), Ethereum (+1.82%), and Polkadot (+1.48%) trailed the front runners. For the week, it was a mixed bag for the majors, however. Binance Coin rallied by 10.44% to lead the way, with Litecoin (+1.35%) and Ripple’s XRP (+1.86%) also making gains. It was a bearish week for the rest of the pack, however. Chainlink led the way down, sliding by 12.95%. Bitcoin Cash ABC (-3.71%), Bitcoin Cash SV (-5.46%), Cardano’s ADA (-4.39%), Crypto.com Coin (-4.53%), Ethereum (-1.41%), and Polkadot (+1.98%) also joined Bitcoin in the red. In the week, the crypto total market rose to a Thursday high $344.75bn before falling to a Friday low $320.03bn. At the time of writing, the total market cap stood at $334.06bn. Story continues Bitcoin’s dominance fell to a Thursday low 58.73% before rising to a Friday high 60.02%. At the time of writing, Bitcoin’s dominance stood at 59.31%. This Morning At the time of writing, Bitcoin was up by 0.27% to $10,716.0. A bullish start to the day saw Bitcoin rally from an early morning low $10,680.0 to a high $10,758.0. Bitcoin tested the first major resistance level at $10,753 early on. Elsewhere, it was a mixed start to the day. Litecoin was down by 0.30% to buck the trend early on. It was a bullish day for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.39% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $10,647 to bring the first major resistance level at $10,753 back into play. Support from the broader market would be needed, however, for Bitcoin to hold onto $10,700 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $10,819 before any pullback. Failure to avoid a fall back through the $10,647 pivot would bring the first major support level at $10,581 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,475. This article was originally posted on FX Empire More From FXEMPIRE: USD/JPY Forex Technical Analysis – Retesting Main Retracement Zone at 105.526 to 105.885 The Future of DeFi: Boom or Bust? Price of Gold Fundamental Weekly Forecast -Trump’s Health, Stimulus Progress Sets the Tone Oil Price Fundamental Weekly Forecast – Price Rebound Hinges Upon Speed of Trump’s Recovery NZD/USD Forex Technical Analysis – Trader Reaction to .6655 Sets the Tone GBP/USD Daily Forecast – Resistance At The 50 EMA Stays Strong', 'Bitcoin Bitcoin fell by 1.08% in the week ending 4 th October. Following on from a 1.21% decline from the week prior, Bitcoin ended the week at $10,687.0. It was a mixed but bearish start to the week. Bitcoin rose to a Monday intraweek high $10,986.0 before hitting reverse. Coming up short of the first major resistance level at $11,151, Bitcoin slid to a Friday intraweek low $10,391.0. Steering clear of the first major support level at $10,303 Bitcoin revisited $10,700 levels before easing back. 5 days in the red that included a 1.49% loss on Thursday delivered the downside for the week. A 1.33% gain on Tuesday and 1.22% rise on Sunday offset some of the losses from earlier in the week, however. For the week ahead Bitcoin would need to avoid a fall back through $10,688 pivot to support a run the first major resistance level at $10,985. Support from the broader market would be needed for Bitcoin to break back through to $10,900 levels. Barring an extended crypto rally, the first major resistance level and resistance at $11,000 would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $11,283 before any pullback. Failure to avoid a fall back through the $10,688 pivot would bring the first major support level at $10,390 into play. Barring an extended sell-off, Bitcoin should steer clear of sub-$10,300 support levels. The second major support level sits at $10,093. At the time of writing, Bitcoin was up by 0.36% to $10,726.0. A bullish start to the week saw Bitcoin rise from an early Monday morning low $10,680.0 to a high $10,758.0. Bitcoin left the major support and resistance levels untested at the start of the week. Binance Coin Binance Coin rallied by 10.44% in the week ending 4 th October. Reversing a 0.30% loss from the previous week, Binance Coin ended the week at $28.99. It was a mixed start to the week. Binance Coin fell to a Monday intraweek low $25.27 before finding support. Story continues Steering clear of the first major support level at $23.15 and the 38.2% FIB of $23.5, Binance Coin rallied to a Wednesday intraweek high $29.83. Binance Coin Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $194,913,551,775 - Hash Rate: 134303836.4311328 - Transaction Count: 294986.0 - Unique Addresses: 635097.0 Social & AI Sentiment: - Fear & Greed Index: 0.42 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: tBTC, an open-sourced project from Keep, Summa, and the Cross-Chain Group,relaunchedon Monday after apaused launchin May. tBTC allows a 1-to-1 exchange of Bitcoin for TBTC, which is an ERC-20 token that can be used in Ethereum DeFi apps. According to astatementfrom Keep, tapping liquidity between Bitcoin and DeFi apps is required for the long-term growth of the cryptocurrency economy. But to do so, the Bitcoin, Ethereum bridge must be safe and reliable, which is what tBTC hopes to provide. Previously, tBTC had to pause its May launch after the team found a “a significant issue in the redemption flow of deposit contracts was identified that put signer bonds at risk in certain situations,” tBTCsaidin a statement. Now, one BTC held in reserve fully backs and matches every TBTC token. tBTC uses a random beacon to select “signers” responsible for depositing BTC so that the company can remain trustless. Those who exchange TBTC to BTC face no intermediary sign-off. Users must perform three steps to mint TBTC on thetbtc.networkand track their Bitcoin. Those behind the project said that tBTC has been the subject of two additional audits following one that took place in March. "tBTC has been tested rigorously and has undergone an unprecedented three audits. tBTC concluded its first security audit, by ConsenSys, in March. In June, we concluded a second audit by Trail of Bits, and in August we completed a new Bitcoin audit," they wrote, writing later: "The alpha launch of tBTC — known as rc.0 — went live on mainnet in May after a public audit from ConsenSys Diligence. While user funds were never at risk, our team discovered an issue and immediately paused accepting new funds while the problem was addressed. rc.1 resolves the issue, and launched with unprecedented security measures in place. tBTC, which uses the highest standard of cryptography, threshold ECDSA, is fully audited, open-source, and with protections for funds." © 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.... - Reddit Posts (Sample): [['u/hardballtaz', 'Cash app', 46, '2020-10-05 01:19', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/', 'I hold all my BTC via cashapp. Is there a better recommended way of holding my bitcoin? Has anyone ever had any problems with cashapp? Any advice/suggestions are welcome as for i am very new to BTC and do not know very much!\n\nThanks for any advice you can give me.', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/', 'j58r6i', [['u/razorcatmodular', 12, '2020-10-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qgba6/', 'Look into hardware wallets. Much more secure, go for Trezor if you want the cheapest wallet, cold card or ledger for best quality Wallet. If you don’t want to spend anything I highly advise switching to a true wallet such as BRD.', 'j58r6i'], ['u/[deleted]', 45, '2020-10-05 01:24', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qgc8q/', 'Wallets are listed on bitcoin.org\n\nBitcoins on cashapp are theirs, not yours.', 'j58r6i'], ['u/SandwichOfEarl', 12, '2020-10-05 01:41', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qi18q/', 'Solid advice! But beware of bitcoin.com, the owner of that site tries to push an altcoin called bitcoin cash (BCH) as bitcoin. Bitcoin.org is the better website.', 'j58r6i'], ['u/[deleted]', 13, '2020-10-05 02:14', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qle3k/', "You need to be verified to withdraw BTC. You should do that. Don't use custodial wallets to send funds anywhere but to yourself.", 'j58r6i'], ['u/RDMvb6', 33, '2020-10-05 02:27', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qmqzo/', 'You were told wrong. The biggest fundamental rule of bitcoin is that whoever holds the private keys controls the coin. You are trusting cash app to hold the private key for you, which means you are not the owner. Bitcoins on cash app is like an IOU that you are taking their word on. Although reliable, if something were to happen to cash app like they get hacked or the owner decides to change his name and move to a non-extradition country and take your bitcoin with him, you are SOL. Move it to a hardware wallet or accept the non-zero chance that cashapp could loose it.', 'j58r6i'], ['u/IgnorantBafoon', 17, '2020-10-05 04:00', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7qw9oe/', 'WHat this guy means. Is that while your bitcoins are on cashapp. You arent REALY in control of your bitcoin. Same goes for any exchange, really. \nIts not untill you withdraw (think bank) that you have controll over them. \n\n\nHacks happen. The world is unpredictaable.', 'j58r6i'], ['u/weeedtaco', 11, '2020-10-05 04:46', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7r0qzo/', 'I stack BTC on the cash app and send it to cold storage on my hardware wallet every few weeks.', 'j58r6i'], ['u/brianddk', 11, '2020-10-05 06:23', 'https://www.reddit.com/r/Bitcoin/comments/j58r6i/cash_app/g7r96s3/', "> We reserve the right to block, refuse, or reverse any transaction, in our sole discretion. We will notify the affected parties promptly if we decide to do so, but notification is not required if the transaction is prohibited by these terms or applicable law. Neither we nor third parties to whom we assign or delegate rights or responsibilities will be liable for any claims or damages resulting from prohibited transactions. All costs for research and resolution for any misapplied, misposted or misdirected prohibited transactions will be your sole responsibility and not ours.\n\n[source](https://cash.app/legal/us/en-us/tos)\n\nIf that doesn't scare the shit out of you, I can't imagine anything said on this thread will make a difference.", 'j58r6i']]], ['u/MisterMaury', "I'm looking for fantastic facts about Bitcoin", 42, '2020-10-05 01:44', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/', "I'm going on a financial podcast for Boomers and they are looking for me to make the case that Boomers should allocate at least some funds to Bitcoin.\n\nSafety is a primary concern, so I'm thinking social proof is the way to go. I'm looking for examples of how big Bitcoin is (it's the X largest currency in the world) and how liquid it is (transacts X per day). Perhaps examples of large investors that have invested in Bitcoin (Paul Tudor Jones, Bill Miller, University endowments?) Companies that are in on BTC (Overstock, MicroStrategy) Countries that have adopted Bitcoin, (you can pay your taxes in Switzerland), etc. \nIf there's a way to explain the massive computing power behind Bitcoin that makes sense to a Boomer, that would be good too...\n\nJust looking for memorable facts that Boomers could take away without getting too much in the weeds. (e.g. they may not understand hashpower, etc.)", 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/', 'j594zf', [['u/Mark_Bear', 18, '2020-10-05 01:59', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/g7qjv36/', 'The long term average ROI of Bitcoin has been 100 percent per year and I see no reason for that to end soon.', 'j594zf'], ['u/manic_schoolbus', 16, '2020-10-05 04:08', 'https://www.reddit.com/r/Bitcoin/comments/j594zf/im_looking_for_fantastic_facts_about_bitcoin/g7qx2ur/', "Bitcoin is currently the world's 35th largest currency, ahead of the Qatari riyal, and behind the Czech koruna (www.fiatmarketcap.com). \n\nHarvard, Stanford, MIT and Yale's endowment funds have invested in cryptocurrencies (https://yaledailynews.com/blog/2018/10/16/report-reveals-that-yale-invests-in-cryptocurrency/)\n\nThere's an estimated 10,000 bitcoin ATM's installed worldwide, depending on the source", 'j594zf']]], ['u/Hell4Ge', 'Why to buy CRO over BTC / ETH?', 14, '2020-10-05 02:32', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/', 'I am still new to cryptoworld.\n\nI am trying to figure out how buying CRO be more beneficial for me rather than buying a classic stablecoin?\n\nI know about some of their benefit programs, but I feel like CRO is not short term buy, nor long run investment.\n\nBTC / ETH are the safe heaven cryptocurrencies and today we need such. Maybe this is wrong time for buying CRO?', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/', 'j59us5', [['u/Y0sephF4', 17, '2020-10-05 02:48', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/g7qoy45/', 'CRO is good if your are using crypto.com exchange or the crypto earn function, you have high percentages for your staking', 'j59us5'], ['u/roox911', 12, '2020-10-05 03:25', 'https://www.reddit.com/r/Crypto_com/comments/j59us5/why_to_buy_cro_over_btc_eth/g7qsq5k/', 'Btc/eth are not stablecoins... And stablecoins don\'t appreciate it depreciate in value... Hence "stable"\n\nSome of us have had cro from 0.02.. it peaked at almost 0.20. 10x in a year is pretty good i reckon. It lately seems tied to the hip to btc, which is fine by me... I also get 20% apy on it for staking.\n\nSeems pretty long term to me mate.', 'j59us5']]], ['u/Criminales78', 'A XMR.TO appreciation thread', 160, '2020-10-05 03:04', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/', "Hi guys,\n\nMany of you already know xmr.to, they are a very important part of the Monero community as they allow us to send BTC to any address at no cost or almost for a small fee. The reason I'm doing this thread today is to thank /u/binaryfate for everything, the minimum has been lowered again from 0.001 BTC to 0.0001 BTC (Lightning from 0.0001 to 0.00005) and it's really crazy. I don't know if they're going to stay that way since it's literally $1 as I speak, but it's fantastic. This service is really vital to a lot of us and I don't think we thank the people behind this site enough.\n\nThanks again, you guys are great.\n\nEdit: It seems that the minimum amount has been returned to its original value, maybe it was a mistake, no idea.", 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/', 'j5abii', [['u/radiv2', 12, '2020-10-05 03:32', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7qte0c/', "It's not like they're doing this for a thank you, there's profit in it. But they found a niche and good for them.", 'j5abii'], ['u/cakewallet', 34, '2020-10-05 05:47', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7r6beg/', 'We love having them as a partner in cake wallet.', 'j5abii'], ['u/lol_VEVO', 32, '2020-10-05 05:58', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7r77mx/', 'The guys at XMR.TO are badasses, although I hope that someday either they update it to be decentralized or a decentralized alternative shows up. But certainly, they are just one example why the Monero community is probably the best in the cryptocurrency space', 'j5abii'], ['u/sech1', 10, '2020-10-05 07:46', 'https://www.reddit.com/r/Monero/comments/j5abii/a_xmrto_appreciation_thread/g7revlv/', 'Their exchange rate is 2-3% below market for bigger amounts. Consider it a fee.', 'j5abii']]], ['u/oopwheresmypants', 'Okay but... why is the r/smallboobproblems sub so grossly toxic and demeaning?', 28, '2020-10-05 04:46', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/', 'Sometimes I wonder around reddit and I came across the ibtc version of our sub and I realized how gross and toxic it is. Any experiences over there? I’m genuinely upset by it on so many levels.', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/', 'j5bsdy', [['u/dehue', 41, '2020-10-05 05:10', 'https://www.reddit.com/r/bigboobproblems/comments/j5bsdy/okay_but_why_is_the_rsmallboobproblems_sub_so/g7r31xo/', 'We have had many posts about... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['LONDON, UK / ACCESSWIRE / October 5, 2020 /CFX Quantum platform offers users the ZEROONE product to help them trade easily and safely through arbitrage. To achieve this, CFX Quantum relies on quantum-inspired computing achieved through Fujitsu\'s Digital Annealer chip.\nAbout ZEROONE\nZEROONE was created out of a collaborative effort among CFX Quantum, University of Milan, Khalifa University Research Center and Smartxchange. They came up with a trading algorithm that helps to take full advantage of light-speed technology made possible through quantum-inspired computing.\nZEROONE is a system of assets arbitrage trading combined with predictive allocation with a focus on the crypto market. By combining arbitrage trading with quantum-inspired computing, it may possibly achieve risks of close to zero in a sequence of trades.\nThe system by which trades are made was developed through input from SmartXchange. That is a company with leading-edge expertise in sophisticated trading and financial mathematical combined with independent, high-tech traders.\nHow the Fujitsu Digital Annealer Helps\nFujitsu has developed a digital Annealer chip that can provide quantum-inspired computing performance. The Fujitsu approach solves intractable industry problems by building the software necessary to harness the quantum-inspired hardware technologies to solve them. Such performance would not be possible with classical computing. The Fujitsu Digital Annealer can evaluate vast numbers of potential outcomes at the same time and produce results in real-time. Today, even the fastest supercomputers would not be able to accomplish such a feat.\nThe goal of Fujitsu is to achieve high-performance that is affordable and accessible to most companies. Unfortunately, real quantum computing is still years away from becoming accessible to most businesses.\nOptimizing Arbitrage Trading\nFor those looking for a low-risk way to invest in the crypto market, arbitrage trading is a way to do it. There are several arbitrage methodologies. A pure arbitrage it is merely the act of buying an asset, in this case, crypto from one exchange, and selling it at another exchange for a higher price.\nDue to the highly fractured nature of the crypto market, it can be an excellent opportunity to make a constant profit. No matter the price of the crypto, there is always a profit to be made through this method.\nHowever, the main problem is that the technology used to power the crypto markets is continually improving. Additionally, those involved in arbitrage trading are also improving their technology. As it stands, the profits that can be made from arbitrage trading are usually small. In some cases, they are the fractions of a per cent.\nTo make a profit, you need to ensure that you are using the best technology available to boost speeds. It ensures that you can maximize your speeds and thus maximize your chances of making a profit. With arbitrage trading, the speed of execution is the most critical factor, and nothing is faster than quantum-inspired computing. Its speeds cannot be matched by classical computing because of the limitations of how they work.\nHow Users of CFX Quantum Benefit From Using ZEROONE\nThe ZEROONE platform is designed to help investors that are unwilling to risk to earn a steady income from their crypto holdings. As it stands, many people around the world do not understand anything from their crypto assets and liquidity.\nThe ZEROONE platform simply provides users with an opportunity to have their money work from them. For now, the platform will focus on crypto assets. However, as it grows, it will add support for other types of assets, including fiat currencies.\nThe Risk\nIn arbitrage trading, zero risk means that the risk has been reduced to the lowest possible risk. Besides that, there is the risk of exchanges failing to release money once a trade is closed due to hacking, system failure, or fraud. CFX Quantum platform will work with top tier crypto exchange and OTC desks to minimize the settlement risk.\nSimilar to Cold Staking\nIf you have been in the crypto world for a while, you have heard of cold staking. It is a risk-free method of storing your crypto with a trusted party and earning profits from it. The only difference is that the ZEROONE product allows you to \'Stake" your Bitcoin and receive a 1% return every month.\nA New Era of Finance\nThe ZEROONE platform, made possible through Fujitsu, Digital Annealer chip is the start of a new era. For the first time, a trading platform has been developed that achieves amazing performance without having to increase the level of risk.\nIf you want to be a part of CFX Quantum\'s upcoming IEO, and get behind Social Trading, you can learn more by visiting\nThe website:https://token.cfxquantum.com/\nToken sale landing page:https://latoken.com/ieo/CFXQ\nJoin the community:https://t.me/CFXQuantumGroup\nMedia contactCompany: CFX QUANTUM LTDContact: Virgilio DegiovanniE-Mail: [email protected]: +44 7471655293Website:https://token.cfxquantum.com/\nSOURCE:CFX QUANTUM LTD\nView source version on accesswire.com:https://www.accesswire.com/609239/CFX-Quantum-Platform-Announces-ZEROONE-Product-for-Arbitrage-Trading', 'LONDON, UK / ACCESSWIRE / October 5, 2020 / CFX Quantum platform offers users the ZEROONE product to help them trade easily and safely through arbitrage. To achieve this, CFX Quantum relies on quantum-inspired computing achieved through Fujitsu\'s Digital Annealer chip. About ZEROONE ZEROONE was created out of a collaborative effort among CFX Quantum, University of Milan, Khalifa University Research Center and Smartxchange. They came up with a trading algorithm that helps to take full advantage of light-speed technology made possible through quantum-inspired computing. ZEROONE is a system of assets arbitrage trading combined with predictive allocation with a focus on the crypto market. By combining arbitrage trading with quantum-inspired computing, it may possibly achieve risks of close to zero in a sequence of trades. The system by which trades are made was developed through input from SmartXchange. That is a company with leading-edge expertise in sophisticated trading and financial mathematical combined with independent, high-tech traders. How the Fujitsu Digital Annealer Helps Fujitsu has developed a digital Annealer chip that can provide quantum-inspired computing performance. The Fujitsu approach solves intractable industry problems by building the software necessary to harness the quantum-inspired hardware technologies to solve them. Such performance would not be possible with classical computing. The Fujitsu Digital Annealer can evaluate vast numbers of potential outcomes at the same time and produce results in real-time. Today, even the fastest supercomputers would not be able to accomplish such a feat. The goal of Fujitsu is to achieve high-performance that is affordable and accessible to most companies. Unfortunately, real quantum computing is still years away from becoming accessible to most businesses. Optimizing Arbitrage Trading For those looking for a low-risk way to invest in the crypto market, arbitrage trading is a way to do it. There are several arbitrage methodologies. A pure arbitrage it is merely the act of buying an asset, in this case, crypto from one exchange, and selling it at another exchange for a higher price. Story continues Due to the highly fractured nature of the crypto market, it can be an excellent opportunity to make a constant profit. No matter the price of the crypto, there is always a profit to be made through this method. However, the main problem is that the technology used to power the crypto markets is continually improving. Additionally, those involved in arbitrage trading are also improving their technology. As it stands, the profits that can be made from arbitrage trading are usually small. In some cases, they are the fractions of a per cent. To make a profit, you need to ensure that you are using the best technology available to boost speeds. It ensures that you can maximize your speeds and thus maximize your chances of making a profit. With arbitrage trading, the speed of execution is the most critical factor, and nothing is faster than quantum-inspired computing. Its speeds cannot be matched by classical computing because of the limitations of how they work. How Users of CFX Quantum Benefit From Using ZEROONE The ZEROONE platform is designed to help investors that are unwilling to risk to earn a steady income from their crypto holdings. As it stands, many people around the world do not understand anything from their crypto assets and liquidity. The ZEROONE platform simply provides users with an opportunity to have their money work from them. For now, the platform will focus on crypto assets. However, as it grows, it will add support for other types of assets, including fiat currencies. The Risk In arbitrage trading, zero risk means that the risk has been reduced to the lowest possible risk. Besides that, there is the risk of exchanges failing to release money once a trade is closed due to hacking, system failure, or fraud. CFX Quantum platform will work with top tier crypto exchange and OTC desks to minimize the settlement risk. Similar to Cold Staking If you have been in the crypto world for a while, you have heard of cold staking. It is a risk-free method of storing your crypto with a trusted party and earning profits from it. The only difference is that the ZEROONE product allows you to \'Stake" your Bitcoin and receive a 1% return every month. A New Era of Finance The ZEROONE platform, made possible through Fujitsu, Digital Annealer chip is the start of a new era. For the first time, a trading platform has been developed that achieves amazing performance without having to increase the level of risk. If you want to be a part of CFX Quantum\'s upcoming IEO, and get behind Social Trading, you can learn more by visiting Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,351,992,288 - Hash Rate: 124710705.25748046 - Transaction Count: 317922.0 - Unique Addresses: 692891.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: More than 55 million Americans have filed for unemployment since the beginning of the coronavirus pandemic, and even though the number of people filing has been decreasing since it peaked in April, people are still losing their jobs. If you’re out of work, you might be considering a career change. There are a number of nontraditional jobs you might not even know about because they are so new — many of which you can do from home. These jobs have cropped up over the past decade thanks to the founding of now-popular companies that didn’t even exist 10 years ago, like Bird scooters (founded in 2017), Instagram (launched in 2010) and Lyft (launched in 2012). See thenew roles companies are hiring for. Last updated: Sept. 17, 2020 • Average salary:$26,350 Virtual assistants perform the typical duties and services of an assistant, except instead of going into the office every day, they complete their tasks from home or another remote location. • Average salary:$30,197 Bird scooters started popping up in Santa Monica, California, in late 2017, and since then the company has expanded around the world. More companies have also gotten into the electric scooter game, including Lime and Spin. With the rise in popularity of e-scooters came the need for people to charge them. These individuals scoop up as many scooters as they can fit in their car or van, plug them in to charge them up and redistribute them. • Average salary:$31,164 Delivering goods is nothing new, but with a smattering of apps now allowing people to get anything delivered at any time, there’s enough delivery work available to turn this into a full-time gig. • Available salary:$31,200 Social media content moderators monitor posts and uploads on a social media platform and decide whether or not they require a response. They may engage with the community, investigate issues, provide customer support or respond to inquiries. This job didn’t exist before social media, which is still relatively new. Facebook was founded in 2004, but wasn’t open to a wider audience until 2006. YouTube launched in 2005, Twitter debuted in 2007, Instagram launched in 2010 and TikTok came to the U.S. as Musical.ly in 2014. • Average salary:$33,048 In 2012, Colorado and Washington became the first states to legalize marijuana for recreational purposes; since then nine other states and Washington, D.C. have also legalized it, Vox reported. With the rise of legalized marijuana came the rise of dispensaries, creating the “budtender” job. These dispensary employees help customers and patients select cannabis products that fit their needs. • Average salary:$33,048 Bloggers can create online content around any topic they choose, from fashion to finance. Although most blogs don’t achieve high levels of financial success, some bloggers — like Michelle of Making Sense of Cents and Alex and Lauren from Create and Go — make upwards of $100,000 per month, according to Let’s Reach Success. Bloggers can earn income from different revenue streams, including affiliate marketing, ads and sponsored posts. Find Out:30 Ways Offices Are Changing as Companies Plan To Reopen • Average salary:$39,827 Professional gamers make their living by live-streaming themselves playing video games for viewers. One of the most popular platforms for game streaming is Twitch, which was founded in 2011 and now has over 3 million monthly streamers, CNBC reported. For popular gamers, this gig is incredibly lucrative — Forbes reported that the top 10 gamers of 2019 collectively raked in more than $120 million for the year. Some of the top-earning gamers include Tyler “Ninja” Blevins, Felix “PewDiePie” Kjellberg and Preston Arsement. • Average salary:$40,089 Although CrossFit was founded in 2000, it did not become the worldwide phenomenon that it now is until the 2010s. There are now 15,000 CrossFit affiliated gyms around the globe. • Average salary:$42,864 Ride-hailing driving is now an integral part of the gig economy, but it’s actually a relatively new job. The first-ever Uber ride happened in San Francisco in 2010; Lyft launched two years later. • Average salary:$46,703 Influencers use social media as a platform to promote a product or brand to their followers. The more followers and engagement an influencer has, the more money they can make, with some earning six figures for a single post. Some of the highest-paid influencers include Lele Pons, Charli D’Amelio and Zach King, according to Hopper. • Average salary:$49,589 SEO specialists are marketing professionals who use research and analysis to boost a website’s ranking on search engines like Google. These specialists find the most popular and relevant keywords used in search engine queries and place them on websites, which helps search engines find those sites and display them to web users. Be Aware:Don’t Waste Your Money on These 26 College Degrees • Average salary:$50,473 Social media managers help brands get more exposure through social media platforms. They create editorial calendars and come up with marketing strategies to help a brand reach its goals. • Average salary:$58,627 There are now 2,800 escape rooms worldwide, but the idea dates back to 2010 when Attila Gyurkovics opened the first one in Budapest, Hungary, Bro Bible reported. Escape room game masters organize gameplay, make sure that players know the rules and make sure the rules are followed. • Average salary:$59,515 3D printing actually dates back to the 1980s but it did not become popular until 2009, according to Sculpteo. This technology is now used in a number of different industries including medicine and construction. 3D printing technicians prepare projects in a printed format using advanced equipment and work directly with clients to ensure that the job meets expectations. • Average salary:$62,453 Data scientists collect, analyze and interpret large data sets, and use this information to develop solutions to a business’ challenges. • Average salary:$64,370 Podcasting technology has existed since 2004, but Serial can perhaps be credited for making it into the phenomenon that it is today. The wildly popular, often emulated show debuted in 2014. Podcast producers oversee the production of a podcast. Responsibilities can include sound engineering, story development, editing, conducting interviews and fact-checking. • Average salary:$68,741 An educational technologist provides support and helps with the development, implementation and analysis of new learning technologies, including computer hardware and software, e-Learning courses and projects, instructional videos and Learning Management Systems. • Average salary:$72,323 Autonomous driving engineers create and test the control systems and sensors placed within a self-driving vehicle. The job typically requires a bachelor’s degree and several years of experience, preferably in a field like mechanical engineering or programming. There are a number of companies currently developing autonomous vehicles, including Waymo, General Motors and Tesla. Check Out:Best and Worst Cities To Score Your Dream Job • Average salary:$72,323 These engineers work as part of a team to design, develop and test clean vehicles. • Average salary:$73,884 These engineers research and develop ways to provide clean energy sources and green solutions for the world’s energy needs. Duties can include designing machines and systems to capture and distribute energy from wind, solar and geothermal resources. • Average salary:$77,368 In 2019, millennials became the largest living generation so businesses need to know how to get millennials as a part of their workforce and how to capture their spending dollars. That’s where millennial experts come in — yes, this is actually a real job. These experts consult with companies to help them appeal to millennials, either as prospective employees or prospective customers. • Average salary:$80,801 This is another job that didn’t exist before social media. The CLO keeps track of all social media activity and a company’s face-to-face communication with customers. The CLO then creates reports that illustrate the effectiveness of a company’s communication efforts. • Average salary:$87,854 Virtual reality game designers use 3D design skills to create immersive digital worlds via sketches or computer-aided design. They may also design specific features of a virtual reality game. Read:10 Essential Jobs Across America With Big Paychecks for Employees • Average salary:$89,823 Employment brand managers work to cultivate and share insights into a company’s job-seeking process and make the process seem appealing to prospective job applicants. This role arose as sites like Glassdoor — which was founded in 2007 — made the job application process more transparent. • Average salary:$96,016 Mobile developers translate code into user-friendly applications. They contribute to the design, testing, releasing and support of apps. When Apple introduced the App Store in 2008, it provided a platform for mobile app developers to share their applications with the world. • Average salary:$101,407 Bitcoin is the first cryptocurrency to go mainstream, and it was introduced in 2009. Traders can buy and sell cryptocurrencies — including Bitcoin and Ripple — on cryptocurrency exchanges, much in the way that stocks are bought and sold. • Average salary:$107,309 Cloud architects design cloud computing systems based on a company’s needs and oversee the systems to ensure that they run properly, troubleshooting when needed. • Average salary:$114,121 The idea of artificial intelligence dates back to the 1950s but it wasn’t until recent years that AI has become ubiquitous. We can now mine large amounts of data that’s too much for a human to process, so a number of industries — including banking, marketing and entertainment — rely on AI to pull out relevant insights. These companies depend on engineers to create the right kind of AI technology that harnesses these capabilities in a way ... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', 'Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', 'Cryptocurrency exchange\xa0KuCoin is bringing more services back online after suffering a major hack late last month. In a service update early on Wednesday, the Seychelles-based platform said it is once more allowing deposits and withdrawals for bitcoin (BTC), ether (ETH) and the tether (USDT) stablecoin after upgrading wallet security for those cryptocurrencies. KuCoin noted that wallet addresses for these coins had been refreshed and, while the older addresses would still work, it recommended users update. The USDT version for the Ethereum blockchain is now open for deposits and withdrawals, while those for Tron, EOS are deposit only. Tether on Omni cannot yet be deposited or withdrawn. Full services have been resumed for 65 other cryptocurrency projects, it added. After the breach, which saw $281 million in various crypto assets such as XRP and Ethereum-based coins stolen, KuCoin had moved to freeze all wallets and disable services. On Oct. 3, the company’s CEO, Johnny Lyu, claimed the suspected hackers had been traced and that it had informed law enforcement agencies. Lyu further claimed that another $64 million of stolen cryptos had been recovered, bringing the total value of recovered assets to $204 million at the time. In its latest update on the incident, also posted Wednesday, the exchange said other entities are continuing to help retrieve funds, with Tether having frozen “about $22 million” in stolen USDT. Other projects like Ocean Protocol have returned recovered coins to KuCoin wallets, though the amount involved wasn’t disclosed. KuCoin also provided a list of suspicious addresses related to the hack and recommended they be added to blacklists. Blockchain analytics firm Elliptic said Sept. 29 the hackers had already exchanged millions of stolen tokens for $7.5 million in ETH on the decentralized exchanges Kyber Network and Uniswap. Also read: Israeli Government Reportedly Investigating Unsuccessful Hack Targeting Crypto CEOs Story continues Edit (13:35 UTC, Oct. 7 2020): Corrected jurisdiction in which KuCoin is based. Corrected details of different availability for versions of tether (14:30 UTC) Related Stories KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack', "Chinese tech companies were once seen as copycats of their Western peers: Alibaba was a knockoff of eBay and Baidu imitated Google. More recently, Chinese firms like TikTok and Huawei have established such dominant international positions that U.S. authorities have tried to hold them back.\nNow, the technological arms race is playing out in the cryptocurrency industry, where one Chinese company is taking on Ethereum, the world’s second-largest blockchain, which U.S.-based developers have used to build semi-automated trading and lending networks under the rubric of decentralized finance, or DeFi.\nNeo took aim at DeFi in late September with its launch of a new platform called Flamingo. Da Hongfei, a Neo co-founder, told CoinDesk in an interview the protocol will eventually provide users withfeaturesfound on popular Ethereum-based projects like Uniswap, Curve Finance, yearn.finance and Synthetix.\nRelated:BlueWallet Adds Privacy Feature 'PayJoin' for Bitcoin Transactions\nFlamingo is not simply a product of “copy and paste,” the co-founder said in an interview. “It’s like rebuilding a parallel universe.”\n– Muyao Shen\nRead More:Amid US-China Tech War, Can Neo’s DeFi Stack Rival Ethereum’s?\nBitcoindefended the psychological support of $10,500 early Wednesday as Asian stocks shrugged off overnight weakness on Wall Street, reducing\xa0haven demand for the U.S. dollar.\nRelated:Market Wrap: Bitcoin Regains $10.6K; High-Balance Ether Addresses Decline\nEuropean stocks, too, are trading higher at press time alongside gains in the S&P 500 futures.\nRisk sentiment, which weakened Tuesday following U.S. President Donald Trump’s decision to abort the fiscal stimulus negotiations, was restored earlier today after he reversed course and urged Congress to approve a series of coronavirus relief measures, including a new round of $1,200 stimulus checks.\nThat said, a large-scale stimulus is unlikely to come through any time soon. As such, both bitcoin and stocks may have a tough time scoring significant gains.\nIndeed, minutes of the latest Federal Reserve meeting, due at 18:00 GMT, are expected to reiterate tolerance for high inflation. That dovish message, however, has already been priced in by markets.\nFor now, the cryptocurrency remains trapped in a narrowing price range. Contracting triangles usually end with violent moves on either side.\nGrowth in the new bitcoin addresses has recently picked up. According to blockchain\xa0analyst Cole Garner, that has bullish implications for price. However, according to\xa0Alex Melikh Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $199,351,992,288 - Hash Rate: 144856280.7221504 - Transaction Count: 370554.0 - Unique Addresses: 762636.0 Social & AI Sentiment: - Fear & Greed Index: 0.43 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Breaks Out of Consolidation Pattern, Aiming for $11,300 On Monday, September 14th, the pioneer cryptocurrency appears to have broken out of the consolidation pattern mentioned above. Although BTC opened Mondays trading session hovering around the triangles hypotenuse at $10,366.72, it quickly began to trend up. A steady increase in buying pressure behind Bitcoin at around 1:00 UTC saw its price shoot up over 4% throughout the following 15 hours. By 16:00 UTC, BTC had turned the x-axis of the ascending triangle into support, confirming the bullish breakout. Bitcoin was able to rise to an intraday high of $10,760.62 but suffered a small correction towards the end of the day. As Mondays trading session came to an end, the bellwether cryptocurrency had retraced 0.73% to $10,679.95. Due to the bullish price action, Bitcoin provided investors a daily return of 3.32%. Now, a further spike in demand could see its price surge towards $11,300, which is the target presented by the ascending triangle pattern. On-chain data reveals that there is no significant supply barrier ahead of BTC that will prevent it from achieving its upside potential. Ethereums Price Continues To Be Contained Within a Parallel Channel Ethereums 1-hour chart shows its price seems to be contained within an ascending parallel channel since September 6th. Since then, each time the smart contracts giant rises to this technical formations upper boundary, it gets rejected and drops to the lower border. From this point, it tends to bounce back up, which is consistent with a channels characteristics. Such price behavior was seen on Monday, September 14th. Ethereum kicked off the day at a high of $366.58 and quickly dropped to test the support provided by the lower boundary of the ascending parallel channel. This hurdle was able to hold, allowing prices to rebound, just like it has happened in the last eight days. Story continues The rejection from this support level was followed by a 7.38% upswing that saw Ether rise to the parallel channels middle line. The second-largest cryptocurrency by market capitalization was able to make an intraday high of $384.61. However, investors appear to have taken advantage of the rising price action to realize profits. The spike in sell orders led to a 3.44% correction, pushing Ethereum back down to a low of $371.38. But as the day came to an end, ETH recovered some of the losses incurred and closed at $377.28. Investors were able to grasp a daily return of 2.92%. Ambiguous Outlook for the Top Two Cryptocurrencies While Bitcoin seems poised for a further advance to $11,300, things do not look optimistic for Ethereum. The parallel channel that the smart contracts giant has formed within its hourly chart looks to be part of a bear flag in higher time frames. The downswing at the beginning of the month created the flagpole while the ongoing consolidation period created the flag. If this technical pattern is validated, Ether could be bound for a 35% downswing towards $230. Several on-chain metrics suggest that the $360-$370 support level may have the ability to hold since 650,000 addresses are holding over 10 million ETH around this price level. Although such a significant supply wall could absorb some of the selling pressure, slicing though it could be catastrophic for Ethereum. Given the ambiguous outlooks that Bitcoin and Ethereum present, it is imperative to implement a robust risk management strategy to avoid getting caught on the wrong side of the trend. For a look at all of todays economic events, check out our economic calendar . Konstantin Anissimov, Executive Director at CEX.IO This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast Silver Markets Struggle at The Same Level USD/JPY Price Forecast US Dollar Get Hammered Against Japanese Yen S&P 500 Price Forecast Stock Markets Rally Yet Again in Early Trading Crude Oil Price Forecast Crude Oil Markets Continue to Look Vulnerable USD/CAD Daily Forecast Another Attempt To Get Above 1.3200 Natural Gas Price Forecast Natural Gas Bounce from 50 Day EMA... - Reddit Posts (Sample): [['u/DuncnIdahosBandurria', 'DITO rockets up 20%, drops 30%, then finishes flat... the Aristocrats! (Wednesday, Oct 7)', 36, '2020-10-07 02:00', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/', '#Happy Wednesday, Barkada --\r\n\r\n#The PSE closed down 28 points to 5911 ▼0.5%.\r\n\r\nGood news! I have a couple of people who are potentially interested in sponsoring MB, so I\'m excited to explore those opportunities. My goal has always been to simply be revenue neutral, and to keep MB free for everyone to enjoy. (inb4 "RAID Shadow Legends" ad)\r\n\r\nShout-out to Christine for her suggestion to try and improve the bottom-line of MB by moving from Mailchimp to SendFox. It\'s something I\'m going to look into, but I\'m very careful about making changes. I\'ll have to investigate. Thanks also to /u/Jack_ol_lantern for suggesting ways to leverage my domain to try a "roll your own" alternative, and to /u/nikohd for suggesting I offer a bitcoin donation address. \r\n\r\nI\'ve got lots to study this weekend! No complaints here, though. Exciting times in MB town.\r\n\r\n#[Daily meme](https://i.imgur.com/nMh1Hgm.jpg) \| [Join MB](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb) \| [Today\'s email](https://mailchi.mp/6e34f588135c/dito-rockets-up-20-drops-30-then-finishes-flat-the-aristocrats)\r\n\r\n#COVID Update\r\n WW: 35721388\r\n PH: 324740\r\n\r\n#Top 3 MB indices:\r\n Logistics ▲2.23%\r\n POGO Gaming ▲0.46%\r\n 2019 IPOs ▲0.35%\r\n\r\n#Bottom 3 MB indices:\r\n Media ▼6.52%\r\n 2020 IPOs ▼2.51%\r\n Fast Food ▼2.03%\r\n\r\n#Main stories covered:\r\n\r\n>- [UPDATE] ABS-CBN [ABS 9.00 ▼14.93%] confirms distribution deal with Zoe TV’s rebranded “A2Z Channel”... this is just confirmation of the fire that caused the ceiling-play smoke a couple of days ago that saw the ABS stock price rise 50% intraday. According to this press release, ABS-CBN and Zoe Broadcasting Network Inc have made a deal to show “some entertainment shows and movies of ABS-CBN” on A2Z Channel 11, a newly re-branded Zoe Broadcasting Network channel that will broadcast on analog TV in Metro Manila and surrounding provinces. ABS content will start appearing on this new A2Z channel starting October 10.\r\n> - *MB:* No details yet on what content, exactly, will be shown, but the wording of the press release is interesting. It mentions “entertainment and movies” specifically, but leaves out politically-adjacent topics like news or analysis/interview shows. The Inquirer is reporting a rumor that “It’s Showtime” and “ASAP Natin ‘To” will be part of the content to make its way to A2Z Channel 11, but that has not been confirmed. Investors will want to watch this closely to see how well ABS is able to monetize this agreement with advertising, and to see how the government reacts as more ABS content moves into this pipeline.\r\n\r\n>- [UPDATE] Wild DITO CME [DITO 6.81 unch], NOW Communications [NOW 4.98 ▲13.44%], and Chelsea Logistics [C 5.90 ▼4.07%] price action in yesterday’s session... the NOW and DITO pump has been massive and constant. But this last week was especially spicy, with yesterday’s session just an absolute gong-show that caused brokerage meltdowns. DITO opened the day at P7/share, up 3% on the previous day’s close, and steadily gained to a high-water mark of P8.02/share (+18%) at around 11:45am. At 11:45am, DITO had a marketcap of P22.5bn. In the next 27 minutes, DITO would lose P7.4bn in marketcap as the price imploded to P5.38/share, swinging from an 18% gain on the day to a 21% loss. Then, over the next 30 minutes, completely erasing that loss and ending the day right where it started, at P6.81/share. 2.09 billion shares changed hands on the PSE yesterday; DITO accounted for 16% of the day’s total volume (355 million shares). The three companies combined accounted for over 28% of all shares traded.\r\n> - *MB:* MB: The amount of market uncertainty here is incredible. Traders love it, investors hate it. DITO doesn’t even own DITO Telecommunity, or anything else of material value for that matter, NOW just diluted shareholders with a bearish low-price sweetheart deal, and Chelsea is a company of tugboats and passenger ferries that happens to own a sliver of Dennis Uy’s enigmatic telecom. NOW has a long history of playing the “press release pump and dump” game, and I can only imagine that it’s happy just to be along for the ride, fluffing feathers before a potential IPO by way of introduction. Everyone in the Philippines can sense that connectivity is a bull market, whether that be mobile data (C, GLO, TEL.... then NOW) or broadband (GLO, TEL, CNVRG)...so money just keeps pouring into telco-related stocks. And it makes sense, too, given how few options there are right now on the PSE for anything that looks both pandemic-resilient and secularly profitable. But some of these things are not like the others. Some of these things will crush it, and some will not. Be careful trading telcos that you remember whether you’re being a trader (short term) or an investor (long term). Don’t start out as a trader, forget to place stops, then wind up as an investor with an investment that’s underwater. BE CAREFUL. EDIT: Also, COL Financial, get your act together. You blew AREIT and MM, and you blew yesterday\'s Telecommotion. At this point, traders/investors should not make plans in reliance on COL Financial\'s execution of a buy or sell trade.\r\n\r\nMB is posted to /r/PHinvest every Monday and Wednesday, but my newsletter goes out daily. To stay in the loop for daily email delivery, please join the barkada by signing up for the [newsletter](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb), or follow me on [Twitter](https://twitter.com/MerkadoBarkada).\r\n#Join our Barkada [here](https://mailchimp.us12.list-manage.com/subscribe?u=925d69480ecfc297864a79dc6&id=17742706f1&utm_source=mb)\r\n#Read today\'s full email [here](https://mailchi.mp/6e34f588135c/dito-rockets-up-20-drops-30-then-finishes-flat-the-aristocrats)', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/', 'j6gkc3', [['u/SteveGreysonMann', 18, '2020-10-07 03:38', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yl24i/', 'Because it\'s actual fake news dude. DITO is a holdings company. C owns 25% Dito Telecom. This has been repeated over and over but this user doesn\'t get it. And yet people are comparing a holdings stock to TEL and GLO prices already and saying "holy shit 6 pesos for a Telco stock!"\n\nAnd what\'s the point of looking back to those who bought at 1.00-1.50?. It\'s a lucky gamble. That\'s not investing. I swing trade too but I don\'t go around Reddit hyping stocks I have positions in.', 'j6gkc3'], ['u/that_omashu_merchant', 11, '2020-10-07 04:27', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yq71f/', 'Do we have some consumer protection law in PH that can be used against our brokers? Voting with our money by transferring to another broker should not be the only action ... these brokers should get punished for providing poor service. They should be fined, and heck, get their license revoked if they continue not reaching a certain level of SLA.', 'j6gkc3'], ['u/tagongpangalan', 12, '2020-10-07 04:56', 'https://www.reddit.com/r/phinvest/comments/j6gkc3/dito_rockets_up_20_drops_30_then_finishes_flat/g7yt4mh/', "I thought you got what I was saying in yesterday's thread. Maybe you would want to go through the threads I shared. $DITO isn't DITO Telecommunications. Putting money into $DITO thinking its DITO Telecommunications is just wrong, even worse is advising people to invest into $DITO because of this. \n\n* [https://www.reddit.com/r/phinvest/comments/j5id1p/im\\_confused/](https://www.reddit.com/r/phinvest/comments/j5id1p/im_confused/)\n* [https://www.reddit.com/r/phinvest/comments/hzwjo7/dito\\_people\\_can\\_you\\_justify\\_your\\_hype\\_for\\_the/fzltbo9?utm\\_source=share&utm\\_medium=web2x&context=3](https://www.reddit.com/r/phinvest/comments/hzwjo7/dito_people_can_you_justify_your_hype_for_the/fzltbo9?utm_source=share&utm_medium=web2x&context=3)\n* [https://www.reddit.com/r/phinvest/comments/hrdigl/dito\\_cmes\\_q1\\_profit\\_up\\_978\\_yy\\_on\\_lending\\_to/](https://www.reddit.com/r/phinvest/comments/hrdigl/dito_cmes_q1_profit_up_978_yy_on_lending_to/)", 'j6gkc3']]], ['u/Brendan3005', 'TCAP Testnet Signup!', 45, '2020-10-07 03:52', 'https://www.reddit.com/r/TotalCryptoMarketCap/comments/j6iaal/tcap_testnet_signup/', "Hi Everyone!\n\nWe are really excited to have you try out the TCAP testnet! Helping us make sure this all works well before we launch to the world on mainnet is so, so important to us. We do not ship in prod :)\n\nWhat is a testnet? The testnet is a simulation to make sure that minting, burning, trading, and pooling TCAP works before mainnet launch. No real crypto is involved, you will be using test ETH, test WETH, test WBTC and test DAI.\n\nIs it hard? No! You do not need to be a developer to try the TCAP testnet. The process is no harder than minting, burning, or trading any existing coin or token. We will include a tutorial for completing the entire process when we launch testnet.\n\nWill I be rewarded? Yes! We are offering a collectible POAP ([poap.xyz](https://poap.xyz/)) to those who are able to help us. The POAP will be designed by an up and coming crypto artist and can only be received for testing the TCAP testnet. It's compatible with any ERC-20 wallet.\xa0\n\nWhat do we ask of you? Once you sign up for testnet (by commenting 'count me in'), we will send you a testnet link at the end 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: ['MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge Mirror Trading International (Pty) Limited is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members. Mirror Trading International (Pty) Limited is a South African registered company offering Forex trading services by using an automated system to trade with the trading pool on behalf of its members. Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances \x97 the groundbreaking potential of blockchain technology can no longer be underestimated. Mirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology. The MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include: MTI Tutorials - educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly. Bitcoin Training - all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics. Business Building & Personal Development - since its inception, the MTI Members Portal has evolved and expanded in accordance with the community\x92s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business. Zoom Calls - the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have. Story continues The features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International. Media Details \x96 company name: Mirror trading international Website: https://mirrortradinginternational.com Email: [email protected] Attachment MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge View comments', 'Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances — the groundbreaking potential of blockchain technology can no longer be underestimated.\nMirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology.\nThe MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include:\nMTI Tutorials- educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly.\nBitcoin Training- all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics.\nBusiness Building & Personal Development- since its inception, the MTI Members Portal has evolved and expanded in accordance with the community’s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business.\nZoom Calls- the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have.\nThe features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International.\nMedia Details –\ncompany name:Mirror trading international\nWebsite:\nhttps://mirrortradinginternational.com\nEmail:[email protected]\nAttachment\n• MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge', 'Johannesburg, South Africa, Oct. 07, 2020 (GLOBE NEWSWIRE) -- The global adoption of blockchain technology seems to be inevitable. The cryptocurrency revolution that started with Bitcoin in 2009 has forever changed the way in which people around the world see the financial system. From the global domination of centralized banking to a future in which decentralized solutions enable every individual to regain sovereignty over their finances — the groundbreaking potential of blockchain technology can no longer be underestimated.\nMirror Trading International is a company that, since its inception, has always been focused on furthering the adoption of blockchain technology. As the cryptocurrency ecosystem grows more and more complicated, with many new projects mindlessly obfuscating their ideas with esoteric technical jargon, MTI has decided to go back to the basics by creating the MTI Members Portal. It is a place where every one of the 160,000+ members is empowered with free access to educational materials that expand their understanding of blockchain technology.\nThe MTI Members Portal has proven to be a massive success so far, and it keeps expanding by constantly adding more features. So far, the major components of the MTI Members Portal include:\nMTI Tutorials- educational materials helping even people with no technical background gain an in-depth understanding of all the functions of Mirror Trading International. The tutorials come in graphic, video and presentation form, and new content for people at every level of experience is added regularly.\nBitcoin Training- all information for blockchain beginners in one place. Basics of Bitcoin explained in an easy-to-understand way through a variety of documents, videos and infographics.\nBusiness Building & Personal Development- since its inception, the MTI Members Portal has evolved and expanded in accordance with the community’s wishes. Currently, aside from strictly Bitcoin-related content, the portal also includes sections dedicated to business building and personal development, in which the users can enjoy many exclusive materials about subjects such as social media marketing, self-organizing, and starting a business.\nZoom Calls- the members of Mirror Trading International have free access to two Zoom calls a week at minimum, through which an insightful report is given stating the recent developments of the company in real time, and answering any questions members may have.\nThe features listed above are just some of the functionalities of the MTI Members Portal. The full extent of the portal consists of dozens of videos, presentations, and documents with endless amounts of information. But the most exciting part about the exclusive, priceless information contained in the MTI Members Portal is that access to the portal remains completely free for all members of Mirror Trading International.\nMedia Details –\ncompany name:Mirror trading international\nWebsite:\nhttps://mirrortradinginternational.com\nEmail:[email protected]\nAttachment\n• MTI Members Portal: The Gateway to Expanding Your Bitcoin Knowledge', "The founders of BitMEX are stepping down from their executive roles at the parent firm 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: 2020-10-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $196,359,211,422 - Hash Rate: 155408725.01316798 - Transaction Count: 330227.0 - Unique Addresses: 698982.0 Social & AI Sentiment: - Fear & Greed Index: 0.46 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s price is trending up while August has been a hot month for the cryptocurrency in decentralized finance. Bitcoin (BTC) trading around $11,857 as of 20:00 UTC (4 p.m. ET). Gaining 1.3% over the previous 24 hours. Bitcoin’s 24-hour range: $11,568-$11,891 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin is on the uptrend, going as high as $11,891 with buyers outnumbering sellers in the market Thursday. ”This is similar to what we saw on Sunday, Aug. 9 – a quick move from $11,500 to $12,000 and then back to $11,300,” said John Willock, CEO of crypto asset manager Tritum. “Maybe we’ve got $13,500 in the next phase up in the coming days,” he added. Read More: Bitcoin Risks Deeper Drop if Dollar Rebounds Related: Blockchain Bites: Bitcoin's Weary Bulls, ETC's Action Plan, INX's IPO David Lifchitz , chief investment officer for quant trading firm ExoAlpha, expects a bitcoin price bull run to proceed should it overcome a nearby hurdle. “All in all, $12,500 is the key level to watch for a sustainable breakout on strong volume,” he said. ”Anything different will be a fake, as it can be seen many times in a historical chart of BTC/USD.” In the bitcoin options market, open interest (the number of outstanding contracts) is starting to level off after passing the $2 billion mark for the first time since July. Juicy returns in the DeFi market are making traders lose interest in options, according to Viashl Shah, founder of derivatives exchange Alpha5. “Every derivatives trader that was looking for incremental yield and levered returns has been besotted by the magnitude of moves in DeFi,” Shah told CoinDesk. “So, naturally, cost of capital dictates at least some attention that way.” Read More: Stablecoin Demand May Drop if Traders Abandon Bitcoin ‘Cash and Carry’ Bitcoin on DeFi doubles in August Related: 0x Price Hits Two-Year High on Hopes Falling Ethereum Fees Will Spur DEX Trading Story continues Ether (ETH), the second-largest cryptocurrency by market capitalization, was up Thursday, trading around $415 and climbing 4% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More: Algorand’s Move Into DeFi Gives ALGO Price a Boost At the start of the year, the number of bitcoin locked in decentralized finance, or DeFi, stood at 1,453 BTC. That amount is now up to 48,922 BTC as of Thursday. In August alone, bitcoin in DeFi has more than doubled from 20,890 BTC at the first of the month. Decentralized finance is giving investors new avenues to generate income, or “yield,” and, as a result, bitcoin owners have over $570 million worth of BTC at current prices locked in the DeFi ecosystem. Michael Gord, co-founder of trading firm Global Digital Assets, says many traders are taking gains and buying more bitcoin given the potential ephemeral nature of DeFi. “I’d assume that DeFi profits are being put back into BTC as the safe asset,” he told CoinDesk. “DeFi long term will revolutionize finance, but this short-term bubble is bound to pop eventually, in my opinion.” Other markets Digital assets on the CoinDesk 20 are mostly in the green Thursday. Notable winners as of 20:00 UTC (4:00 p.m. ET): 0x (ZRX) + 22.3% qtum (QTUM) + 16.5% basic attention token (BAT) + 16.2% Read More: OMG Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’ One notable loser as of 20:00 UTC (4:00 p.m. ET): chainlink (LINK) – 3.1% Read More: High Ethereum Fees Push Tether to Its Eighth Blockchain, OMG Network Equities: In Asia the Nikkei 225 ended the day slipping 1%, dragged down by manufacturer Dainippon losing 5.1% and Yahoo Japan down 4.5% . In Europe, the FTSE 100 closed in the red 1.6% as U.S. unemployment numbers jumped to 1.1 million this week . The United States’ S&P 500 gained 0.30% as tech stocks again made gains and has been the best-performing sector of the index so far this year . Read More: Ren Just Had a Great Week as Demand for Bitcoin on DeFi Rises Commodities: Oil is is flat, up 0.05%. Price per barrel of West Texas Intermediate crude: $42.77. Gold was in the green 1.2% and at $1,927 as of press time. Read More: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Treasurys: U.S. Treasury bonds all slipped Thursday. Yields, which move in the opposite direction as price, were down most on the 10-year, in the red 5.2%. Read More: BlockFi Raises $50M as Crypto Lending Soars Related Stories Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August Market Wrap: Bitcoin Breaks $11.8K; BTC in DeFi Doubles in August... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Let’s say you’re a 17-year-old high school senior. You finished near the top of your class, you nailed your SATs and now you’re trying to figure out where to go to college. Option A is an elite university that will likely (but not certainly) reward you with a decent job, but it will also guarantee a crushing $200,000 in debt, and who knows what the economy will look like in four years, or even if we have an economy, or even if we have a planet? This story is part of the CoinDesk U series about blockchain at universities. See our ranking of U.S. universities here . Related: Looking for a Job in Crypto? Here Are 5 Skills You Need Option B is a school that “only” leaves you with $80,000 in debt but it has the whiff of mediocre compromise. What if there’s a Secret Option C? What if, theoretically, you could get the same caliber of education as the Ivy League, at the fraction of the cost, through some non-traditional classes and self-study? You’re skeptical. It sounds like a scam. Like an infomercial. And who would trust this DIY college degree? Now what if your dream employer had the same trust in your DIY degree as a diploma from Harvard? What if he or she genuinely believed that because you demonstrated a certain fluency in Japanese or mastery of coding or grasp of Murakami’s short stories, that you are the same caliber of graduate as a senior from Yale? What if all these credentials were trusted because they were – wait for it – verified on the blockchain? Related: The Best Blockchain University Programs Actually Pay Students to Learn Maybe this is where you roll your eyes. “Blockchain can revolutionize education,” of course, will elicit the same skepticism as “Blockchain will revolutionize the world.” Yet given the soaring costs of higher education, if blockchain can put any competitive pressure on the system, that alone would be a win. That future will not happen magically, it will not happen overnight, and it starts with a few modest early steps. That future starts with programs like what’s quietly brewing at the University of Colorado at Boulder, led by an entrepreneur-turned-blockchain-professor named Hunter Albright. Story continues Blockchain University Opportunities The plan was to meet in person, on the campus of UC Boulder, and speak to the students about blockchain. That plan, like most plans in 2020, was scotched. “The students are back in quarantine,” Albright tells me over Zoom. In August, a new spike in COVID-19 cases forced the school to switch from hybrid classes back to remote. So here we are, once again awkwardly staring into our computer monitors, not quite making eye contact. Albright is tall and fit. At 49, he looks just a bit like James Comey. He’s the founder and executive director of the University of Colorado Blockchain Alliance , the CEO of Curve10 (a firm that helps inventors with product design) and the de facto Godfather of UC Boulder’s blockchain initiatives, which include pilot programs for self-sovereign identity, putting college credentials on the blockchain and using the blockchain for student elections. UC Boulder isn’t the biggest or the first university to embrace blockchain, but the school’s nascent program gives a window into the opportunities – and tricky challenges – of injecting blockchain into mainstream academia. To throw a slap of cold water on the hype and misinformation: There’s no Blockchain Degree, no Blockchain Masters Program and not even a Blockchain Minor. “I don’t know if there’s a demand or a need for a degree, to be honest,” says Albright in his clear, slow, friendly cadence. If students take four blockchain-related courses at the graduate level – such as Distributed Systems, the Mathematics of CryptoSystems, or “Blockchain and Cryptocurrencies – Speculation or Innovation?” – then they can earn a blockchain “certificate” as a sort of degree add-on. (No student has earned this certificate yet; the program is new.) Albright first offered Introduction to Blockchain in Spring 2019, available to both undergraduates and graduates, primarily from the engineering and business schools. “That class filled up instantly,” remembers Jack Rice, who took the course as an undergraduate sophomore. Rice entered UC Boulder as a pre-med student, but he had already caught the crypto bug, building an Ethereum mining server as a teenager. (The mining “didn’t work out super well” as the price of Ethereum collapsed.) Rice, who’s now the president of the school’s Blockchain Club, is not exactly sure what he wants to do when he graduates – he switched from Pre-Med to Information Sciences – but now he’s mulling over blockchain-enabled startup ideas. Rice says that when business ideas float through his head, he frequently asks himself, “We do it one way now, and how can I use blockchain to improve upon it?” Other students were simply curious about the new tech and how it could, potentially, give them an edge in their future careers. “Once something new comes out, I just want to learn it, just to satisfy my curiosity,” says Hare Muthusamy, a grad student studying software development, who moved from India to enroll at UC Boulder. Muthusamy didn’t want to just learn about the concepts of blockchain – he wanted to play with it, build with it. Through the Blockchain Alliance, he worked with Albright on creating an application for the Blockchain Research Network, which aims to aggregate crypto academia. With Albright’s coaching, Muthusamy built a decentralized system that allows researchers to anonymously upload papers for peer review, and then a network of academic reviewers – across multiple universities – could anonymously review the study, and then the materials all live on the blockchain. “The course covered the theoretical concepts, and the project I did with Hunter covered the practical concepts,” explains Muthusamy. Most students aren’t taking these courses to prepare for a career in blockchain, but rather to scratch an itch (a natural curiosity) or to give their degree a bit of crypto gloss. This squares with the insights from Olta Andoni , a professor at Chicago-Kent law school, who teaches a course on blockchain and the law. Even though she is known as a “crypto-attorney,” she says most of her students do not take the class with that intent, and she stressed this several times during our call: “If you are a potential law school applicant, do not go in with the intent to become a crypto-attorney.” Andoni has found that teaching blockchain involves some odd challenges, starting with the uncertainty over how much the class already knows. “The level of knowledge is very diverse [among] the students,” she says. When you teach a course like, say, “maritime law,” the odds are good that every student begins with a similar level of ignorance. Not with crypto. Some build their own Ethereum mining servers and others think Bitcoin wallets come in leather. Other challenges: What do you use as a textbook? Outside of Satoshi Nakamoto’s white paper, there are few source materials that all agree are canon. “There’s been a lot of struggle in finding the right source materials,” says Angela Walch , a professor of Law at St. Mary’s, who has been teaching blockchain since 2013. “Sometimes I’ve been very surprised to find what instructors are using.” For example, Walch has misgivings about the use of 2016’s “ Blockchain Revolution ” by Don Tapscott and Alex Tapscott as a primary text. “That’s been very worrying to me, as I view that [book] as largely hype.” I struggle with how much I should do crypto, and how much I should do blockchain in my course. And even if you curate the perfect teaching materials, what should be included in the course? “This can be quite contentious,” says Kevin Werbach , a professor at the Wharton Business School, who also teaches a blockchain-focused class. He contrasts blockchain to a field like chemistry, where there’s not much dispute about the periodic table. Werbach – and every blockchain professor – needs to make judgment calls, such as whether enterprise distributed ledgers should be taught. (He says yes.) “I struggle with how much I should do crypto, and how much I should do blockchain in my course,” says Angela Walch. “You can’t cover it all.” As the tree of blockchain has grown, it’s harder to master every branch and twig. “You cannot be an expert on what is happening in the blockchain supply chain, at the same time as you’re an expert on blockchain voting, at the same time you’re an expert on DeFi,” she says. “They’re all their own intricate specialized worlds.” A more subtle challenge is that the overall interest in these courses, perhaps not surprisingly, seems to wax and wane with the price of bitcoin . “Each time we have a boom in the cryptocurrency market, I do see a lot more interest from students,” says Andoni. Werbach remembers an “explosion in activity” during the 2017 ICO bubble. In contrast, these days he’s “not seeing a mass of students knocking on the door.” Walch goes even further. “To be honest, I’m sensing a little bit of a lull in the interest in blockchain education,” she says, adding that the slowdown could simply be due to the pandemic, quarantine, or the 5,000 other complications of 2020. Walch, who has been teaching blockchain since nearly the dawn of crypto time, also wonders who should count as an “expert” in this nascent field. “I really wrestle with who’s qualified to teach about these topics,” she says. “They’re incredibly multi-disciplinary, so claims of expertise have to be made with an asterisk.” Hunter Albright largely agrees, although he views that very ambiguity as one of the appealing challenges. “There are very few experts in general in this space,” he says. “Some of it is just a willingness to be sort of open and to discuss the ideas.” Albright is the first to admit he’s not the “end-all-be-all in terms of the knowledge,” but thinks the mark of a good blockchain professor is a blend of humility, curiosity and eagerness 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: 2020-10-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $196,359,211,422 - Hash Rate: 136222462.66586328 - Transaction Count: 339343.0 - Unique Addresses: 714645.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin continues to slide while ether has a larger share of the crypto market than it has had in years. • Bitcoin(BTC) trading around $10,726 as of 20:00 UTC (4 p.m. ET). Slipping 6.1% over the previous 24 hours. • Bitcoin’s 24-hour range: $10,468-$11,474 • BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin continues its downward trend Thursday, with prices descending as low as $10,468 on spot exchanges such as Coinbase. While it has recovered a bit, traders selling for profits has certainly been the theme right now. Read More:Bitcoin Plunges $403 in 1 Hour to Lowest in a Month Related:Market Wrap: Bitcoin Tumbles to $9.8K; Investors Continue Plowing Crypto Into DeFi “This is similar to what we’ve seen as bitcoin approached the $10,000 and $11,000 levels, where profit-taking occurred on a few different occasions,” said John Kramer, a trader at crypto over-the-counter firm GSR. “Many investors will see this as an opportunity to buy the dip.” Just like Wednesday, leveraged liquidations played a role in exacerbating bitcoin’s price drop. However, Thursday’s wipeout of long traders on derivatives exchange BitMEX was a bit higher, with $10 million in hourly liquidations topping Wednesday’s $9 million hourly spree, the equivalent of a margin call in crypto parlance. Read More:Bitcoin Risks Deeper Price Pullback as Exchange Inflows Spike “Some people who were buying in over $11,500 in BTC with leverage suddenly got stopped out when we moved back down towards $11,100,” said Chris Thomas, head of digital assets for Swissquote Bank. Related:First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report Thomas suspects bitcoin’s price will not reach new 2020 highs in the near term, despite testing that level as recently as Tuesday when the price hit $12,085. “I think we trade in the $11,000-$12,000 range for a while,” he said. In equities, while the major Asian Nikkei 225 index was buoyed by expectations new leadership in Japan will continue economic stimulus policies put in place by outgoing Prime Minister Shinzo Abe, stocks in Europe and particularly in the U.S. are awash in red – as it is in most of the crypto ecosystem Thursday. • Asia’s Nikkei 225 ended the day in Tokyo climbing 0.94%,boosted by gains in the chemical and metals sectors. • Europe’s FTSE 100 slipped 1.5% asconcerns about further job losses on the continent soured investor sentiment. • The United States’ S&P 500 dropped 4.1% astech stocks took a tumble, including Apple falling 7.2% and Microsoft down 6.7%. GSR’s Kramer views the equities markets with some trepidation, and has concerns about the performance of traditional finance for the balance of 2020. “Stock valuations remain overinflated in the eyes of many observers, and economic uncertainty persists,” he said. “A crypto drop like this won’t deter the majority of investors who have a longer-term investment thesis.” Read More:Jump Trading Invests in Decentralized Exchange Serum The second-largest cryptocurrency by market capitalization,ether(ETH), was down Thursday, trading around $402 and slipping 7.6% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More:DeFi Risk Management Startup Cozy Finance Debuts With $2M Funding But while the price is down, ether’s dominance of the broader crypto market hit a 2020 high of over 14% Wednesday. Although dipping a bit Thursday, the last time ether’s share was at these levels was back in August 2018. “A large number of useful projects on the Ethereum blockchain contribute to ether dominance growth,” said Azamat Malaev, co-founder of HodlTree, a decentralized lending protocol. However, scaling is an issue that could cause ether’s share to wane, Malaev added. “To maintain this trend, Ethereum urgently need to scale the network. For ordinary users, transactions are already very expensive” Read More:Ethereum Developers Focus on Congestion as Fees Spike Over 600% Digital assets on theCoinDesk 20are mostly in the red Thursday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • tron(TRX) + 36% • nem(XEM) + 0.89% Read More:New Crypto Derivatives Let You Bet on (or Against) Tether’s Solvency Notable losers as of 20:00 UTC (4:00 p.m. ET): • lisk(LSK) – 12.4% • zcash(ZEC) – 11.8% • basic attention token(BAT) – 11% Read More:Hardware Wallet Flaw Lets Attackers Hold Crypto for Ransom Commodities: • Oil is down 0.67%. Price per barrel of West Texas Intermediate crude: $41.29. • Gold was in the red 0.61% and at $1,930 as of press time. Read More:Around the Crypto World in 15 Charts Treasurys: • U.S. Treasury bond yields all slipped Thursday. Yields, which move in the opposite direction as price, were down most on the two-year, in the red 2.8%. Read More:Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia • Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Dominance at 2020 High • Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Dominance at 2020 High... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0 It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move. Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0. Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20 th September. The near-term bullish trend remained intact, in spite of the recent pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way. Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind. Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.26% to buck the trend early in the day. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.29% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,300. Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum Crude Oil Weekly Price Forecast – Crude Oil Markets Have Strong Week European Equities: A Week in Review – 09/10/20 S&P 500 Weekly Price Forecast – Continue to Rally Based Upon Stimulus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum The Weekly Wrap – Trump and U.S Politics Drove Demand for Riskier Assets', 'Bitcoin, BTC to USD, rose by 1.17% on Friday. Following on from a 2.39% rally on Thursday, Bitcoin ended the day at $11,071.0 It was another bearish start to the day. Bitcoin fell to a mid-morning intraday low $10,853.1 before making a move. Steering clear of the first major support level at $10,666, Bitcoin rallied to a late morning intraday high $11,134.0. Bitcoin broke through the first major resistance level at $11,096 to visit $11,100 levels before easing back. It was Bitcoin’s first close out at $11,000 levels since 20 th September. The near-term bullish trend remained intact, in spite of the recent pullback to sub-$11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bullish day on Friday. Cardano’s ADA (+5.05%) and Chainlink (+8.89%) led the way. Binance Coin (+2.31%), Ethereum (4.04%), and Polkadot (+2.39%) weren’t far behind. Bitcoin Cash ABC (+1.47%), Bitcoin Cash SV (+1.79%), Crypto.com Coin (+0.86%), Litecoin (+1.23%), and Ripple’s XRP (+0.68%) trailed the pack, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Friday high $346.22bn. At the time of writing, the total market cap stood at $344.02bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 59.62%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,095.8. A bullish start to the day saw Bitcoin rise from an early morning low $11,071.0 to a high $11,111.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Crypto.com Coin was down by 0.26% to buck the trend early in the day. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 2.29% to lead the way. Story continues For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,019 to bring the first major resistance level at $11,186 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $11,134.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,300. Failure to avoid a fall through the $11,019 pivot would bring the first major support level at $10,905 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$10,800 levels. The second major support level sits at $10,739. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum Crude Oil Weekly Price Forecast – Crude Oil Markets Have Strong Week European Equities: A Week in Review – 09/10/20 S&P 500 Weekly Price Forecast – Continue to Rally Based Upon Stimulus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum The Weekly Wrap – Trump and U.S Politics Drove Demand for Riskier Assets', 'Bitcoin\x92s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first time in over a month. The biggest cryptocurrency by market value rose to $11,484 at 03:10 UTC \x96 the highest level since Sept. 2, according to CoinDesk\x92s Bitcoin Price Index . Likely driving the move was optimism for the prospects for a U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday. A new round of stimulus would likely benefit BTC in at least three ways: Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency. Given the current correlation between equities and BTC, and that some investors treating BTC like it\x92s a tech stock, anything that boosts equities invariably boosts BTC. Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC. Buyers stepped in around $10,500 earlier this week after payments company Square announced that it has put some 1% of its assets into bitcoin. Related: Bitcoin Down 1% After Biggest Weekly Price Gain Since July At press time, bitcoin is changing hands near $11,320, representing a 2% gain on the day. Also read: Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options Related Stories Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend', 'Bitcoin’s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first time in over a month.\n• The biggest cryptocurrency by market value rose to $11,484 at 03:10 UTC – the highest level since Sept. 2, according to CoinDesk’sBitcoin Price Index.\n• Likely driving the move was optimism for theprospects fora U.S. stimulus package after the White House boosted its offer to Democrats on a pandemic relief package to the north of $1.8 trillion Friday.\nA new round of stimulus would likely benefit BTC in at least three ways:\n1. Government and central bank spending around the world in response to the coronavirus-induced slowdown, in the eyes of many, will. inevitably result in inflation, and therefore be positive for the cryptocurrency.\n2. Given the current correlation between equities and BTC, and that some investors treating BTC like it’s a tech stock, anything that boosts equities invariably boosts BTC.\n3. Stimulus paychecks would give individual investors money to invest and some of those investments would likely be BTC.\nBuyers stepped in around $10,500 earlier this week after payments companySquare announcedthat it has put some 1% of its assets into bitcoin.\nRelated:Bitcoin Down 1% After Biggest Weekly Price Gain Since July\nAt press time, bitcoin is changing hands near $11,320, representing a 2% gain on the day.\nAlso read:Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend\n• Bitcoin Nears $11.5K on US Stimulus Prospects, Seems to Confirm Bullish Trend', 'Bitcoin’s (BTC) uptrend gathered pace on Saturday with prices nearly testing $11,500 for the first tim Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $196,359,211,422 - Hash Rate: 137181775.78322852 - Transaction Count: 298486.0 - Unique Addresses: 631182.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The current blockchain world is so full of crazy ups and downs, it’s easy to become so focused on the short term that one loses track of the big picture. But it’s important to fight this tendency – because the big picture is awfully big. Revolutionizing finance, the aspect of blockchain’s future that gets the most attention, is only a part of the story. Blockchain will be a central part of the future of technology and humanity in a very broad sense. As we move toward what Ray Kurzweil has called the “technological singularity,” in which AIs exceed humans in general intelligence and radically alter every aspect of life on Earth, it is increasingly clear that blockchain will be a critical part of the story. And just as the singularity may unfold with various levels of benefit or destruction, so the role of blockchain may come out positive or negative for humanity. Related:Ecological Sanity Is Compatible With Human Freedom It is clear to any rational observer that our current social order – with its rapid growth, exaltation of self-disruption and rampantenvironmental un-sustainability– is transitional and highly temporary in nature. But it’s hard to say what will come next! At least three options seem reasonably plausible to me:Corporate Techno-Fascism,Decentralized-Digital-Democracy (DDD)and …Human-Free. Will we see a dark future of corporate-totalitarian hegemony, a democratic, decentralized future of diverse flourishing creativity – or a future in which advanced artificial general intelligence (AGI) tech leaves biological humanity entirely by the wayside? In any of these scenarios, blockchain technology or its direct descendants will play a critical and distinctive role. But the role will be rather different in each case. Further, the ways in which blockchain technology is developed right now will be part of the nexus of factors influencing what sort of outcome eventuates for humanity generally. Related:How Data Centralization Ends by 2030 What we are seeing in the global economy right now might be characterized as a bear market for humans. AI and automation are booming, and AI-fueled big tech companies are seeing their market caps soar. Businesses highly dependent on human labor are generally suffering, and often are reorganizing to reduce this reliance. Despite buoyant stock markets and financial innovations like DeFi, wealth and income inequality are increasing. Displaced workers newly joining the unemployment rolls seem likely to stay there long-term. See also:AI Startup Pilots Digital Masks That Counter Facial Recognition This is a bear market for the less educated socioeconomic strata of humans. It will only get worse. As AI advances, the threshold level of education required to compete with mechanical tools and systems will keep rising. One potential endgame of the current direction of technological and economic development will be a world divided into: A lot of AIs, a small number of humans owning the companies that own these AIs, a small number of highly educated and specially trained humans doing the few things AIs aren’t great at yet and a whole lot of people with no particular role to play in the economy. It’s true that new technologies both obsolete old jobs and create new ones. But the overall pattern is clear. On the whole, the new jobs created will be more exacting in educational requirements and fewer in number. Self-driving trucks will replace human truck drivers, while creating more opportunities for developers of automated navigation algorithms and designers of robots that repair robo-trucks. It’s not inconceivable that, in a future where most people are economically useless to the few who own the means of automated production, these unproductive masses are left to die off. Perhaps there will be a reversion to some form of old-style subsistence farming in the sprawling rubble outside the gated robo-factories. What we are seeing in the global economy right now might be characterized as a bear market for humans. It’s also possible that “compassion” will prevail and the masses will be allowed to survive in a carefully controlled way. In this sort of scenario, blockchain will be highly valuable to the hegemons. (Think of the Chinese government’s blockchain surveillance strategy rather than the anarcho-libertarian visions of the early Bitcoin and Ethereum communities.) Blockchain provides an extraordinarily good tool for maintaining centralized control in a large, complex network, like a global, corporate, techno-fascist social order. It provides unparalleled capability for top-level leaders to make sure that none of their underlings on any level are corrupt, and keeps detailed, real-time records on every member of the society they rule over. As the percentage of economically irrelevant humans increases, blockchain provides a perfect tool for governments and corporations to keep chaos from breaking out via carefully tracking flows of money and information, and making sure that media misinformation is intelligently enough placed to keep the population’s mind filled with compliance-inducing narratives. See also: Ben Goertzel –AI for Everyone: Super-Smart Systems That Reward Data Creators But it’s also quite thinkable the size of the elite group of humans controlling the automated means of production fairly rapidly shrinks to zero. Corporate and military leaders will always prefer AI systems that combine creative and ambitious general intelligence with obedience and lack of initiative – but this combination may prove as elusive in AGIs as in humans. There is a scenario where blockchain technology plays an extremely critical role in the future economy by serving as part of the underpinning of the AGI minds that are humanity’s successors. No doubt future AGIs will come up with algorithms and structures far more sophisticated than anything we can imagine today, but there will likely be a strong ongoing role for the core principles of mathematically guaranteed security coupled with decentralized consensus in distributed systems. The role of blockchain may indeed be much stronger if the future turns out human-free. The minds replacing humans will probably be secure digital decentralized systems with blockchains integrated into their core code. While dark potentials inarguably lurk on the horizon, more beneficial outcomes also remain firmly within reach. It may well happen that the breakthroughs to human-level and superhuman AGI occur in the domain of open-source hackers and decentralized networks rather than corporate or government labs. This is what SingularityNET, Ocean Protocol and the dozens of other projects in the Decentralized AI Alliance are working toward. There are major challenges, both on the technology side and regarding regulatory issues and market-dynamics, but nothing that can’t be surmounted with a lot of will, brilliance and a bit of luck. See also:Cisco, SingularityNET to Decentralize Artificial Intelligence via Blockchain It is eminently possible to foresee a world in which AGI emerges from decentralized networks controlled by diverse parties, in which various forms of human and cyborg AI interconnect flexibly with various forms of digital and quantum AGI. Perhaps the overall network is controlled and regulated in a heterarchical and open-ended manner rather than controlled by a small number of elite humans or elite computational processes. In such a world, multiple sorts of value will be respected, quantified with a variety of smart contracts going far beyond the money-like tokens dominating the blockchain world today. The rich aesthetic, social, spiritual and imaginative value of humans, other animals, plants and new forms of self-organizing living systems will be supported and woven together with advanced digital and quantum technologies, without pressure to reduce the value of an entity to the degree of its participation in efficient processes of material production. Looking closely at the relation between the future of blockchain and the future of humanity, one becomes convinced that the former is much more firmly assured. Yet I remain highly optimistic: There seems a very palpable possibility that we can navigate through the challenges ahead and craft a democratic decentralized future, leveraging the best of humanity and the best of our advanced technologies including blockchain and AI. Every one of us, as we live and act in the world, is helping to birth the future — to bias and guide the self-organizing processes via which today’s world morphs into the radically different society we’ll see tomorrow. Those of us who are writing the code underlying today’s blockchain and AI systems, or supporting the projects writing the code, are not the only ones writing the future, but we are definitely a substantial part of the mix. • Say Hello to the Singularity • Say Hello to the Singularity... - Reddit Posts (Sample): [['u/WhalesHeavenExchange', '"Freedom means responsibility. That\'s why most people are afraid of freedom." B', 419, '2020-10-10 01:00', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/', 'Attributed to George Bernard Shaw, the quote: "Freedom means responsibility. That\'s why most people are afraid of freedom".\n\nThat was during the end of the 19th. Century, and beginnings of the 20th., the log says. We are not in Bernard\'s time anymore, but in Bitcoin\'s age, and are you willing to take full responsibility? In life, as in hodling, as in swapping Bitcoin and crypto?', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/', 'j89da4', [['u/Nichoros_Strategy', 10, '2020-10-10 02:54', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g89smwd/', 'People will take as much responsibility as they feel they have to, some more than others. People are forced to take more responsibility when times are desperate, less so when they already have everything they need and more.', 'j89da4'], ['u/soontobesilenced', 23, '2020-10-10 04:20', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a0zhm/', 'I prefer dangerous freedom over peaceful slavery.\n\nThomas Jefferson', 'j89da4'], ['u/soontobesilenced', 11, '2020-10-10 04:21', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a15il/', 'Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety.\n\nBenjamin Franklin', 'j89da4'], ['u/soontobesilenced', 10, '2020-10-10 04:24', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1e0l/', 'Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. \n\nC.S. Lewis', 'j89da4'], ['u/soontobesilenced', 73, '2020-10-10 04:26', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1l3d/', 'If you want total security, go to prison. \n\nDwight Eisenhower', 'j89da4'], ['u/soontobesilenced', 18, '2020-10-10 04:28', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8a1qtu/', 'The people never give up their liberties but under some delusion. \n\nEdmund Burke', 'j89da4'], ['u/whitslack', 10, '2020-10-10 06:12', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8abes3/', 'The rest of the quote:\n\n“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. They may be more likely to go to Heaven yet at the same time likelier to make a Hell of earth. This very kindness stings with intolerable insult. To be ‘cured’ against one’s will and cured of states which we may not regard as disease is to be put on a level of those who have not yet reached the age of reason or those who never will; to be classed with infants, imbeciles, and domestic animals.” \n—C.S. Lewis, “God in the Dock,” 1948', 'j89da4'], ['u/whitslack', 16, '2020-10-10 06:15', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8abn6w/', 'Pretty sure the actual quote is:\n\n“Liberty means responsibility. That is why most men dread it.” \n—George Bernard Shaw', 'j89da4'], ['u/Trxth', 12, '2020-10-10 06:34', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8ad37x/', "All these people thinking we're living in a simulation, when really we're in a delusion", 'j89da4'], ['u/Ganjan', 11, '2020-10-10 07:59', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8aixbb/', "What country's prison system was he talking about? Surely not America's.", 'j89da4'], ['u/Surpentstone', 19, '2020-10-10 08:18', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8ak45e/', "FINISH HIM!!!\n\n&#x200B;\n\n“If you want total security, go to prison. There you're fed, clothed, given medical care and so on. The only thing lacking... is FREEDOM. ”", 'j89da4'], ['u/wolfsong5663', 16, '2020-10-10 08:33', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8akzr7/', 'Most great people in human history all over the world owned slaves. It doesnt meant that slavery is right, but it’s incorrect to judge a historical person’s merit by today’s standards.', 'j89da4'], ['u/Rupee_Roundhouse', 17, '2020-10-10 09:07', 'https://www.reddit.com/r/Bitcoin/comments/j89da4/freedom_means_responsibility_thats_why_most/g8amzb7/', "Great quote. It identifies the psychological requirement for a free society. Most people today are deeply afraid of responsibility. Responsibility includes making decisions for oneself. One must identify and choose one's values, career, place of residence, etc.\n\nFor the majority today, this strikes fear: One's job is not guaranteed, learning new skills for employment is challenging, planning and making provisions for emergencies and periods of illness is uncertain, etc. At the root of this fear is a mistrust of one's self-efficacy, which can be further traced to bad philosophy that has accepted Immanuel Kant's tricky, but false, argument against self-efficacy and has permeated across all of our culture. But I digress.\n\nThis majority fear of responsibility seeds the corruption of the concept of individual rights. The concept of individual rights emerged from the recognition that in society, individuals may initiate force on each other. Thus, individual rights are freedoms from the initiation of force to do something. The right to life, liberty, property, and happiness means that one ought to pursue those things free from others initiating force.\n\nContrastly, individual rights are not entitlements. This is a critical distinction: Entitlements benefit some people at the expense of others' detriment; freedoms are absent of anyone's detriment. In order to fulfill an entitlement politically, it's enforced by initiating force: Someone is forced to fulfill another's entitlement because it's the law. When individual rights are properly understood as freedoms, there is no initiation of force because it's voluntary and anyone can back away if the terms are not worth the trade.", 'j89da4']]], ['u/BlandTomato', "Imagine if you only had $18.50 to split between 7800 people. That's the ratio of Bitcoin to people right now.", 49, '2020-10-10 02:10', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/', '18,500,000 BTC to be shared by 7,800,000,000 people.', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/', 'j8aime', [['u/coinblaster-up', 17, '2020-10-10 02:15', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g89oxeo/', "unfortunately 7799 people couldn't care less. i hope this will change over time.", 'j8aime'], ['u/lchumaceiro', 15, '2020-10-10 02:28', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g89q4lk/', 'Yeah but 18,500,000 Btc are 185,000,000,000,000 Satoshis more than enough to go around.', 'j8aime'], ['u/The_Hominem', 14, '2020-10-10 04:39', 'https://www.reddit.com/r/Bitcoin/comments/j8aime/imagine_if_you_only_had_1850_to_split_between/g8a2wm4/', "237,179 satoshis per person actually.\n\n18,000,000*100,000,000÷7,800,000,000 = 237,179.\n\nThe average person doesn't have $237,179 so this is plenty of wiggle room for the average consumer.\n\nAlso the lightning network has confirmed transactions down to 1/1000 of a satoshi. So there are 237,179,000 milli-satoshis to go around per person on this planet - and there's no reason why that couldn't go smaller without any hard forking.\n\nAlso, bitcoin doesn't need to (and is not likely to) replace every currency in the world. Gold has not replaced every currency, the US dollar has not replaced every currency, and nor will bitcoin. People use the means of exchange that best matches the geopolitical environment they're in and many other factors, which is rarely the actual best asset they could use.", 'j8aime']]], ['u/ROPEgangBaBY', 'If it was 2017 bitcoin would be at 50k right now.', 37, '2020-10-10 02:31', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/', 'How can the market not go up like crazy after two huge public companies buying bitcoin as their reserve asset.\n\nPS: after this confirmation market can assume:\n\n1- that more companies will join ( square even shared to the public how to buy bitcoin as a company).\n\n2- at least this 2 companies will buy more bitcoin every year as their revenue go up. we also can compound it if we assume that at the same time other new companies will join and do the same year after year.\n\n3- we are even more close to the possibity of banks and governaments start to do the same\n\nin my opinion this high net worth people just need a better infrasture for them to start investing. its a matter of time for this to blow up and take everyone by surprise\n\n&#x200B;\n\nWHEN 9K ? :(', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/', 'j8au8l', [['u/[deleted]', 31, '2020-10-10 02:40', 'https://www.reddit.com/r/Bitcoin/comments/j8au8l/if_it_was_2017_bitcoin_would_be_at_50k_right_now/g89ratz/', '1% for square hardly makes it a reserve asset. More like a small hedge.', 'j... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0 It was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0. Steering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300. Hitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon. A move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels. The second major resistance level at $11,300 delivered support late in the day. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Cardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind. Bitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green. Binance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however. In the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn. Bitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%. This Morning At the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day. Binance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) saw red early on.. It was a bullish start for the rest of the majors, however. At the time of writing, Cardano’s ADA was up by 1.16% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729. Failure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play. Barring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861. This article was originally posted on FX Empire More From FXEMPIRE: E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum U.S Mortgage Rates Hold Steady as Trump and U.S Politics Take Center Stage The Week Ahead: A Brexit Showdown, U.S Politics, and Economic Data in Focus E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum US Stock Market Overview – Stock Rise Led by Technology as the White Ups its Stimulus Bid Gold Weekly Price Forecast – Gold Markets Form Bullish Flag', 'Bitcoin, BTC to USD, rallied by 2.14% on Saturday. Following on from a 1.17% gain on Friday, Bitcoin ended the day at $11,308.0\nIt was a bullish start to the day. Bitcoin rallied from an intraday low $11,071.0 to an early morning intraday high $11,505.0.\nSteering clear of the major support levels, Bitcoin broke through the first major resistance level at $11,186 and the second major resistance level at $11,300.\nHitting resistance at $11,500, Bitcoin fell back to sub-$11,300 levels before finding support in the afternoon.\nA move back through to $11,400 levels was brief, however, with Bitcoin falling back to end the day at $11,300 levels.\nThe second major resistance level at $11,300 delivered support late in the day.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nCardano’s ADA rallied by 3.65% to lead the way. Crypto.com Coin (+2.10%) and Litecoin (+2.26%) weren’t far behind.\nBitcoin Cash ABC (+0.53%), Bitcoin Cash SV (+1.47%), Chainlink (+1.01%), Ethereum (1.48%), and Ripple’s XRP (+0.36%) also joined Bitcoin in the green.\nBinance Coin (-0.04%) and Polkadot (-2.33%) bucked the trend on the day, however.\nIn the current week, the crypto total market slid to a Wednesday low $322.55bn before rising to a Saturday high $357.46bn. At the time of writing, the total market cap stood at $350.08bn.\nBitcoin’s dominance fell to a Monday low 59.15% before rising to a Tuesday high 61.29%. At the time of writing, Bitcoin’s dominance stood at 60.04%.\nAt the time of writing, Bitcoin was up by 0.49% to $11,363.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,297.0 before striking a high $11,402.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBinance Coin (-0.83%), Bitcoin Cash ABC (-0.39%), Crypto.com Coin (-0.39%), Chainlink (-1.14%), and Polkadot (-0.88%) saw red early on..\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Cardano’s ADA was up by 1.16% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,295 to bring the first major resistance level at $11,518 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,700 and the second major resistance level at $11,729.\nFailure to avoid a fall through the $11,295 pivot would bring the first major support level at $11,084 into play.\nBarring an extended crypto sell-off, however, Bitcoin should continue to steer clear of sub-$11,000 levels. The second major support level sits at $10,861.\nThisarticlewas originally posted on FX Empire\n• E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Needs to Hold 28040 to Sustain Momentum\n• U.S Mortgage Rates Hold Steady as Trump and U.S Politics Take Center Stage\n• The Week Ahead: A Brexit Showdown, U.S Politics, and Economic Data in Focus\n• E-mini S&P 500 Index (ES) Futures Technical Analysis – Needs to Hold 3431.75 to Sustain Upside Momentum\n• US Stock Market Overview – Stock Rise Led by Technology as the White Ups its Stimulus Bid\n• Gold Weekly Price Forecast – Gold Markets Form Bullish Flag', 'After a number of years of consolidation across the cryptomarket, new innovative protocols are drawing interest. The interest has created a new crypto hype that is more than just reminiscent of the 2017 ICO boom. As was the case back in 2017, there are a mass number of protocols hitting the crypto market. This time around, the focus has shifted away from the CeFi space to DeFi . Decentralized Finance, better known as DeFi has become the buzz word of 2020. Bitcoin and the broader crypto market delivered blockchain technology and decentralization. There was, however, an element of centralization in the CeFi space. Centralized finance became laden with governance and KYC/AML requirements and more in order to meet investor and government demands. DeFi, by contrast, currently stands as truly decentralized. With an ethos of Permissionless and Trustless, there is no actual governance. And, there are no KYC/AML requirements. In fact, to access decentralized finance all a user needs is a wallet. In concept alone, it is a mouthwatering prospect. True cryptocurrencies have yet to really make a dent in fiat money’s unwavering position as a primary payment source. When considering the unbanked, the disgruntled, and the anonymous, however, DeFi may well give the banking sector a run for its money. The Projects and the Returns As entrepreneurs and scam artists enter the world of DeFi, a number of protocols have caught the eye amidst the mist… While there are no guarantees that these protocols will be here tomorrow, there is the hope and with it the dream of incredible earnings potential. Based on DeFi market caps from Coingecko , some of the more promising protocols that have enjoyed early success. These include: Chainlink (“LINK”) Chainlink sits at the top of the DeFi coin charts at the time of writing. Not only is Chainlink at the top of the DeFi list, but Chainlink’s meteoric rise has also seen it join the crypto giants in the top 10 by market. CoinMarketCap has Chainlink currently sitting at number 8, impressively outgunning the likes of Litecoin… Story continues Year-to-date return: 473.2% to the end of day 28 th September 2020. What’s the hype? With DeFi driven by smart contracts, Chainlink connects smart contracts to data sources. Additionally, users can send payments from a smart contract to bank accounts and payment networks. Dai Dai sits at number 3 on the DeFi market cap table and is ranked at number 25 on the CoinMarket Cap. Year-to-date: Investors will have missed gains from elsewhere, however, with Dai up by just 2.02%. Why the lowly return? Dai is decentralized and backed by collateral. In other words, Dai is a stablecoin and as such, looks to maintain a value of $1.00. The position by market cap, ho Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,787,212,509 - Hash Rate: 134303836.4311328 - Transaction Count: 256096.0 - Unique Addresses: 541483.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / October 1, 2020 /ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available atwww.alt5pro.comand Real-Time Market Data feed is also available atwww.alt5sigma.comALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visitwww.alt5sigma.com. Contact: Andre BeauchesneTel. [email protected] For more information on ALT 5 Pay, visitwww.alt5pay.comFor more information on ALT 5 Pro, visitwww.alt5pro.com SOURCE:ALT 5 Sigma Inc. View source version on accesswire.com:https://www.accesswire.com/608811/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose by 6.53% in the week ending 11thOctober. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0.\nIt was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move.\nSteering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0.\nBitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283.\nA brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels.\n6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,505.\nBarring another extended crypto rally, the first major resistance level would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback.\nFailure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play.\nBarring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,180.\nAt the time of writing, Bitcoin was up by 0.02% to $11,387.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,360.0 before rising to a high $11,408.0.\nBitcoin left the major support and resistance levels untested at the start of the week.\nChainlink rallied by 15.70% in the week ending 11thOctober. Reversing a 12.95% loss from the previous week, Chainlink ended the week at $10.8756.\nIt was a mixed start to the week. Chainlink rose to a Monday high $9.7076 before hitting reverse.\nFalling well short of the major resistance levels, Chainlink fell to a Tuesday intraweek low $8.3827 before making a move.\nWhile steering clear of the first major support level at $7.99, Chainlink fell through the 62% FIB of $8.5.\nFinding support on Wednesday, Chainlink rallied to a Sunday intraweek high $11.0437 before easing back.\nBreaking back through the 62% FIB, Chainlink also broke through the first major resistance level at $10.94.\nA Sunday pullback, however, saw Chainlink wrap up the week at sub-$10.90 levels.\n6-days in the green that included a 9.01% rally on Friday delivered the upside. An 8.86% slide on Monday limited the upside for the week, however.\nChainlink would need to avoid a fall through the $10.10 pivot level to support a run at the first major resistance level at $11.82.\nSupport from the broader market would be needed, however, for Chainlink to break out from last week’s high $11.0437.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of a breakout, Chainlink could test resistance at $12.00 before any pullback. Chainlink will likely fall well short of the second major resistance level at $12.76 and the 38.2% FIB of $12.9, however.\nFailure to avoid a fall through the $10.10 would bring the first major support level at $9.16 and 62% FIB of $8.5 into play.\nBarring an extended crypto market sell-off, however, Chainlink should steer clear well clear of sub-$8.5 levels.\nAt the time of writing, Chainlink was down by 0.91% to $10.7764. Chainlink fell from an early Monday morning high $10.8667 to a low $10.6968.\nChainlink left the major support and resistance levels untested at the start of the week.\nThisarticlewas originally posted on FX Empire\n• Asia-Pacific Stocks – China Shares Surge after PBOC Tweaks Rule, Investors Bet on Steady Recovery\n• USD/JPY Fundamental Weekly Forecast – Could Strengthen on Fiscal Stimulus Stalemate\n• Domino’s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435\n• Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal\n• European Equities: Brexit and U.S Politics in Focus, with no Stats to Influence\n• EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 12th, 2020', 'Bitcoin Bitcoin rose by 6.53% in the week ending 11 th October. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0. It was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move. Steering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0. Bitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283. A brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels. 6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week. For the week ahead Bitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746. Support from the broader market would be needed for Bitcoin to break out from last week\x92s high $11,505. Barring another extended crypto rally, the first major resistance level would likely pin Bitcoin back. In the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback. Failure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play. Barring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level sits at $10,180. At the time of writing, Bitcoin was up by 0.02% to $11,387.0. A mixed start to the week saw Bitcoin fall to an early Monday morning low $11,360.0 before rising to a high $11,408.0. Bitcoin left the major support and resistance levels untested at the start of the week. Chainlink Chainlink rallied by 15.70% in the week ending 11 th October. Reversing a 12.95% loss from the previous week, Chainlink ended the week at $10.8756. It was a mixed start to the week. Chainlink rose to a Monday high $9.7076 before hitting reverse. Story continues Falling well short of the major resistance levels, Chainlink fell to a Tuesday intraweek low $8.3827 before making a move. While steering clear of the first major support level at $7.99, Chainlink fell through the 62% FIB of $8.5. Finding support on Wednesday, Chainlink rallied to a Sunday intraweek high $11.0437 before easing back. Breaking back through the 62% FIB, Chainlink also broke through the first major resistance level at $10.94. A Sunday pullback, however, saw Chainlink wrap up the week at sub-$10.90 levels. 6-days in the green that included a 9.01% rally on Friday delivered the upside. An 8.86% slide on Monday limited the upside for the week, however. For the week ahead Chainlink would need to avoid a fall through the $10.10 pivot level to support a run at the first major resistance level at $11.82. Support from the broader market would be needed, however, for Chainlink to break out from last week\x92s high $11.0437. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of a breakout, Chainlink could test resistance at $12.00 before any pullback. Chainlink will likely fall well short of the second major resistance level at $12.76 and the 38.2% FIB of $12.9, however. Failure to avoid a fall through the $10.10 would bring the first major support level at $9.16 and 62% FIB of $8.5 into play. Barring an extended crypto market sell-off, however, Chainlink should steer clear well clear of sub-$8.5 levels. At the time of writing, Chainlink was down by 0.91% to $10.7764. Chainlink fell from an early Monday morning high $10.8667 to a low $10.6968. Chainlink left the major support and resistance levels untested at the start of the week. This article was originally posted on FX Empire More From FXEMPIRE: Asia-Pacific Stocks \x96 China Shares Surge after PBOC Tweaks Rule, Investors Bet on Steady Recovery USD/JPY Fundamental Weekly Forecast \x96 Could Strengthen on Fiscal Stimulus Stalemate Domino\x92s Pizza Shares Plunge on Lower Profits But Analysts Optimistic on Outlook; Target Price $435 Link Shares Jump 27% on Pacific Equity, Carlyle Group Takeover Proposal European Equities: Brexit and U.S Politics in Focus, with no Stats to Influence EOS, Stellar\x92s Lumen, and Tron\x92s TRX \x96 Daily Analysis \x96 October 12th, 2020', 'Bitcoin rose by 6.53% in the week ending 11thOctober. Reversing a 1.08% decline from the week prior, Bitcoin ended the week at $11,385.0.\nIt was another mixed but bearish start to the week. Bitcoin fell to a Thursday intraweek low $10,541 before making a move.\nSteering clear of the first major support level at $10,390, Bitcoin rallied to a Saturday intraweek high $11,505.0.\nBitcoin broke through the first major resistance level at $10,985 and the second major resistance level at $11,283.\nA brief fall back to sub-$11,300 levels on Saturday saw Bitcoin find support at the second major resistance level to wrap up the week at $11,300 levels.\n6 days in the green that included a 2.40% rally on Thursday delivered the upside for the week.\nBitcoin would need to avoid a fall through $11,144 pivot to support a run the first major resistance level at $11,746.\nSupport from the broader market would be needed for Bitcoin to break out from last week’s high $11,505.\nBarring another extended crypto rally, the first major resistance level would likely pin Bitcoin back.\nIn the event of a breakout, Bitcoin could test the second major resistance level at $12,108 before any pullback.\nFailure to avoid a fall through the $11,144 pivot would bring the first major support level at $10,782 into play.\nBarring an extended sell-off, Bitcoin should steer clear of sub-$10,500 support levels. The second major support level 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: 2020-10-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $209,787,212,509 - Hash Rate: 142937654.4874199 - Transaction Count: 314174.0 - Unique Addresses: 658073.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It has been about a month since the last earnings report for Square (SQ). Shares have added about 11.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Square due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Square Reports Q2 Earnings Square reported second-quarter 2020 adjusted earnings of 18 cents per share, against the Zacks Consensus Estimate of a loss of 8 cents per share. Notably, the company had reported earnings of 21 cents in the year-ago quarter and a loss of 2 cents in the prior quarter. Net revenues of $1.92 billion surpassed the Zacks Consensus Estimate of $1.14 billion. Further, the figure improved 63.8% from the year-ago quarter and 39.3% sequentially. The top line was driven by strong momentum across Cash App ecosystem that contributed $1.2 billion to net revenues during the reported quarter, up 361% year over year. Cash App was used by above 30 million monthly transacting active customers in June 2020. Further, disbursements of the CARES Act stimulus programs and unemployment benefits aided growth in the Cash App engagement. Moreover, strengthening momentum across Bitcoin and strong adoption of Cash Card benefited the results. Notably, Cash Card was used by 7 million customers in June 2020, which doubled compared to June 2019. Additionally, accelerating subscription revenues remained a major positive. However, weak momentum across seller ecosystem owing to coronavirus-led shelter-in-place restrictions remained a major negative, which impacted the company’s gross payments volume (GPV) negatively in the second quarter. Revenues from seller ecosystem were $$723 million, down 17% year over year. Square has refrained from providing guidance for the ongoing quarter and the full year 2020. This can be attributed to the uncertainties related to the COVID-19 pandemic. Nevertheless, the company’s strengthening momentum in online channels and growing card-not-present GPV are expected to act as tailwinds in the upcoming quarters. Further, strong acquisition of net-new transacting active Cash App customers is likely to continue driving the company’s top line. Story continues Gross Payment Volume GPV in the second quarter amounted to $22.8 billion beating the Zacks Consensus Estimate of $19.2 billion. However, the figure declined 15% year over year, which can primarily be attributed to sluggishness in the seller ecosystem during the reported quarter owing to coronavirus pandemic. Slowdown in GPV across the company’s largest U.S. metropolitan areas was a concern. Further, decreasing GPV for the sellers across beauty, personal care, and food and drink verticals among others acted as a headwind during the reported quarter. Nevertheless, gradual reopening of the economies and relaxation of COVID-19 restrictions remained positives as it led to quarter-over-quarter improvement in GPV. Growing proliferation of online sales was also a positive backed by which GPV from online channels were up 50% year over year. Further, it contributed more than 25% of the company’s seller GPV. Additionally, the company’s robust product portfolio and comprehensive ecosystem, which aidsit in attracting new sellers to its platform while retaining the existing ones, sustained momentum across larger sellers who contributed 52% to the total GPV. Notably, Square defines larger sellers as those that make more than $125,000 of annualized GPV and mid-market sellers as those with annualized revenues of more than $500,000. Moreover, year-over-year growth of 16% in the card-not-present GPV in the second quarter was a tailwind. Robust online products, such as Square Online Store, Invoices, Virtual Terminal and eCommerce API contributed to the performance. Notably, card-present GPV declined 38% from the year-ago quarter. Top-Line Details Transaction (35.5% of net revenues): The company generated transaction revenues of $682.6 million, down 12% year over year. This was primarily attributed to sluggish GPV from in the second quarter. Nevertheless, growing proliferation of contactless transactions was a tailwind. Also, strong momentum across business accounts using Cash App, which generated $54 million of transaction revenues, up 216% year over, remained a positive. Subscription and services (18% of revenues): The company generated $346.3million revenues from this category, surging 38% from the year-ago quarter. This improvement can be attributed to strong performance by Cash App, which contributed $271 million to the category’s top line. The figure was up 129% from the year-ago quarter. This was driven by robust Cash Card spending and growing Instant Deposit volume in the reported quarter. Additionally, strong performance by Square Capital on the back of PPP loans remained positive. Notably, it facilitated more than 80,000 PPP loans worth $873 million. However, weak seller ecosystem, which generated $75 million of subscription and services revenues, down 16% year over year, remained a concern. Hardware (1% of revenues): Square generated revenues of $19.3 million from this business, down13% year over year. This was due to declining unit sales of hardware devices. Nevertheless, the company witnessed improved sales of contactless devices like Square Register and Square Terminal in the reported quarter. Bitcoin (45.5% of revenues): The company generated revenues of $875.5 million from this category, up a whopping 600% on a year-over-year basis. Square continued to benefit in the bitcoin space driven by growing adoption of Cash App. Further, the company witnessed strong customer demand and growth in bitcoin actives in the second quarter. Operating Details Per management, gross profit grew 28.1% from the year-ago quarter to $596.8 million. As a percentage of net revenues, the figure came in 31%, contracting 870 basis points (bps) year over year. While Transaction, Subscription and services and Bitcoin generated profit, Hardware category reported loss during the reported quarter. Further, the coronavirus pandemic remained a woe Adjusted EBITDA as a percentage of net revenues was 5.1%, contracting 380 bps from the year-ago quarter due to slowdown in seller revenues. Operating expenses came in $619.8 million, surging 32.8% from prior-year quarter. Product development expenses were $206.8 million, up 19% year over year, primarily owing to growing engineering, data science and design personnel costs. General and administrative expenses were $136.4 million, up 36% from prior-year quarter. This was primarily due to finance, legal and support personnel costs. Further, sales and marketing costs were $238.1 million, up 52% year over year, due to increase in Cash App peer-to-peer payment transfer and Cash Card issuances. Balance Sheet As of Jun 30, 2020, cash and cash equivalents balance was $1.97 billion, up from $1.96 billion as of Mar 31, 2020. Short-term investments were $714.3 million in the reported quarter, up from $521.8 million in the previous quarter. Long-term debt was $1.77 billion, increasing from $1.76 billion in previous quarter. How Have Estimates Been Moving Since Then? It turns out, fresh estimates have trended upward during the past month. The consensus estimate has shifted 55.42% due to these changes. VGM Scores At this time, Square has a poor Growth Score of F, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Outlook Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Square has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. 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 Square, Inc. (SQ) : 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: ["International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies. The Group of Twenty (G20) – an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent – said in a report Tuesday it is working with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to formalize the use of central bank digital currencies (CBDC) in banking systems. According to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments. Related: How Investors Are Trading the Election Stablecoins are digital currencies that are often linked to physical currencies such ad the U.S. dollar. The IMF and the World Bank will have the technical capabilities to facilitate CBDC transactions involving the countries by the end of 2025, the report said. The countries will “examine the scope for new multilateral platforms, global stablecoin arrangements and central bank digital currencies to address the challenges that cross-border payments face without compromising on minimum supervisory and regulatory standards to control risks to monetary and financial stability,” said the G20 Financial Stability Board (FSB), a body formed after the 2008 financial crisis. Multinational alliances The G20 roadmap on stablecoins follows a joint report released by seven central banks last week through the BIS in sketching out a transnational front around nationalized digital currencies. Last week’s report, authored by the United States Federal Reserve, the Bank of Canada, the European Central Bank (ECB), the Bank of England (BOE), the Swiss National Bank, Sweden’s Sveriges Riksbank and the Bank of Japan (BOJ), outlined properties the central banks would require from CBDCs in their countries. Story continues Related: BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report The North American, European and Japanese banks said CBDCs would need to be interchangeable with existing money forms and resemble cash in its ease of use in a swathe of payment types at little or no cost. CBDC systems should also connect to legacy financial technologies, settle high volumes of transactions instantaneously around the clock, be impervious to cyberattacks and outages, and comply with regulations and monitoring that apply to money already in circulation and that retain central bank power, the report said. CBDCs could improve cross-border payments, counter Facebook libra-like corporate digital currencies and transfer emergency fund payments to consumers during the coronavirus pandemic, the report said. But CBDCs would not be anonymous and self-running, the report said, diverging from the virtual currencies whose distributed ledger technology they would borrow. Bitcoin transactions run on a blockchain network that masks and silos personal data from central actors, while central banks would maintain access and visibility into CBDC payments and identities. The ECB and the BOJ also stated this month they were looking into issuing CBDCs. An ECB report said a decision to issue a digital euro would be announced next April. BOJ officials have said digital yen experiments are starting in the spring and called for a concerted effort to match China’s digital yuan, the most expansive central bank digital currency being trialed yet. CORRECTION (Oct. 13, 2020, 01:50 UTC): Changes to G20 from G7 throughout. Related Stories IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules", "International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies.\nThe Group of Twenty (G20) – an organization of finance ministers and central bank governors representing the European Union and 19 countries across every continent – said ina reportTuesday it is working with the International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) to formalize the use of central bank digital currencies (CBDC) in banking systems.\nAccording to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory stablecoin frameworks and research and selection of CBDC designs, technologies and experiments.\nRelated:How Investors Are Trading the Election\nStablecoins are digital currencies that are often linked to physical currencies such ad the U.S. dollar. The IMF and the World Bank will have the technical capabilities to facilitate CBDC transactions involving the countries by the end of 2025, the report said.\nThe countries will “examine the scope for new multilateral platforms, global stablecoin arrangements and central bank digital currencies to address the challenges that cross-border payments face without compromising on minimum supervisory and regulatory standards to control risks to monetary and financial stability,” said the G20 Financial Stability Board (FSB), a body formed after the 2008 financial crisis.\nThe G20 roadmap on stablecoins followsa joint reportreleased by seven central banks last week through the BIS in sketching out a transnational front around nationalized digital currencies.\nLast week’s report, authored by the United States Federal Reserve, the Bank of Canada, the European Central Bank (ECB), the Bank of England (BOE), the Swiss National Bank, Sweden’s Sveriges Riksbank and the Bank of Japan (BOJ), outlined properties the central banks would require from CBDCs in their countries.\nRelated:BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report\nThe North American, European and Japanese banks said CBDCs would need to be interchangeable with existing money forms and resemble cash in its ease of use in a swathe of payment types at little or no cost.\nCBDC systems should also connect to legacy financial technologies, settle high volumes of transactions instantaneously around the clock, be impervious to cyberattacks and outages, and comply with regulations and monitoring that apply to money already in circulation and that retain central bank power, the report said.\nCBDCs could improve cross-border payments, counter Facebook libra-like corporate digital currencies and transfer emergency fund payments to consumers during the coronavirus pandemic, the report said. But CBDCs would not be anonymous and self-running, the report said, diverging from the virtual currencies whose distributed ledger technology they would borrow.\nBitcointransactions run on a blockchain network that masks and silos personal data from central actors, while central banks would maintain access and visibility into CBDC payments and identities.\nThe ECB and the BOJ also stated this month they were looking into issuing CBDCs. An ECB report said a decision to issue a digital euro would be announced next April. BOJ officials have saiddigital yen experimentsare starting in the spring andcalled fora concerted effort to match China’s digital yuan, themost expansive central bank digital currencybeing trialed yet.\nCORRECTION (Oct. 13, 2020, 01:50 UTC):Changes to G20 from G7 throughout.\n• IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules\n• IMF, World Bank, G20 Countries to Create Central Bank Digital Currency Rules", "Grayscale Investments announced Monday that its Grayscale Ethereum Trust (OTC: ETHE ) now operates as a United States Securities and Exchange Commission reporting company. What Happened: The trust, solely invested in Ethereum, will now begin to disclose the amounts of money flowing through it. \x93The Trust will now file its quarterly and annual reports, including its financial statements, on Form 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act,\x94 Grayscale said in a statement . Why It Matters: The New York-based company said that accredited Investors who purchase shares in the trust can now sell them after a mandatory six-month holding period instead of the previous 12-month lock-in period. The Grayscale Bitcoin Trust (OTC: GBTC ) became an SEC reporting company in January this year. In July, Grayscale had announced that the Grayscale Bitcoin Cash Trust (OTC: BCHG ) and Grayscale Litecoin Trust (OTC: LTCN ) had been approved for public listing by the Financial Industry Regulatory Authority on the OTC markets. Price Action: Ethereum (ETH) traded 2.69% higher at $385.10 at press time. Bitcoin (BTC) traded 0.7% higher at $11,461.10. The Grayscale Ethereum Trust's shares closed 3.77% higher at $56.24 on Monday. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Johnson & Johnson Sued Over Failing To Deliver Promised Post-Merger Returns To Auris Investors Electric Vehicle Sales Set To Rise Threefold In Europe This Year: Report © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "Grayscale Investments announced Monday that itsGrayscale Ethereum Trust(OTC:ETHE) now operates as a United States Securities and Exchange Commission reporting company.\nWhat Happened:The trust, solely invested in Ethereum, will now begin to disclose the amounts of money flowing through it.\n“The Trust will now file its quarterly and annual reports, including its financial statements, on Form 10-Qs and 10-Ks with the SEC, along with current reports on Form 8-K, in addition to complying with all other obligations under the Exchange Act,” Grayscale said in astatement.\nWhy It Matters:The New York-based company said that accredited Investo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $211,572,074,181 - Hash Rate: 159245977.48262888 - Transaction Count: 333215.0 - Unique Addresses: 732250.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin’s Lightning Network set a record high Monday as total capacity held in the protocol’s payment channels – sometimes referred to as “total value locked” (TVL) – reached $12.4 million. Two weeks ago, Lightning set the prior high of $12.37 million, surpassing the long-standing previous mark of $12.3 million that was reached in early July 2019 and lasted for 405 days. Bitcoin’s price appreciation has certainly helped boost Lightning’s TVL as the bellwether cryptocurrency has gained more than 30% since July. The total number of bitcoins held on Lightning sits at 1,060, up 24% so far this year, but still remains below the record high of 1,105 BTC set in early May 2019. Compared with the tens of millions of dollars pouring into Ethereum and related protocols because of the decentralized finance craze , Lightning’s growth may seem slow, but a variety of data underscores the network’s steady increase in activity. The number of publicly broadcasting nodes, for example, has steadily increased throughout the entire lifetime of the protocol. Currently more than 7,600 nodes are connected to payment channels, up 55% from January. In August, Lightning’s node count grew 26%, adding 1,581 nodes, representing the largest monthly percentage growth since April 2018 and the largest real monthly growth ever. Lightning Labs, the company building the most popular implementation of Lightning, LND, further quantified the network’s growth in a tweet shared earlier in August. Over 70 companies are currently building on LND, the company said. Read more: Ready to Wumbo: LND Enables More, Larger Bitcoin Transactions on Lightning Related Stories Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally Total Value on Bitcoin’s Lightning Network Sets Another Record High Amid Market Rally... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0.\nIt was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse.\nFalling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0.\nSteering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Tuesday.\nBinance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support.\nIt was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down.\nCardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn.\nBitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%.\nAt the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bullish start to the day.\nAt the time of writing, Chainlink was up by 1.72% to lead the way.\nBitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692.\nFailure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play.\nBarring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Gold Price Futures (GC) Technical Analysis – Strengthens Over $1889.70, Weakens Under $1877.10\n• AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets Early Tone\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trade Though 12019 Confirms Reversal Top\n• Crude Oil Price Update – $40.63 to $41.50 Retracement Zone Controls Near-Term Direction\n• AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets the Tone\n• NZD/USD Forex Technical Analysis – Weakens Under .6655, Strengthens Over .6689', 'Bitcoin, BTC to USD, fell by 1.02% on Tuesday. Partially reversing a 1.55% gain from Monday, Bitcoin ended the day at $11,442.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $11,574.9 before hitting reverse. Falling well short of the first major resistance level at $11,830, Bitcoin fell to an early afternoon intraday low $11,333.0. Steering clear of the first major support level at $11,201 Bitcoin briefly revisited $11,470 levels before easing back. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Tuesday. Binance Coin (+0.26%), Bitcoin Cash ABC (+5.77%), Bitcoin Cash SV (+0.71%), and Ripple’s XRP (+0.25%) found support. It was a bearish day for the rest of the majors. Chainlink and Crypto.com Coin slid by 3.84% and by 4.77% respectively to lead the way down. Cardano’s ADA (-0.24%), Ethereum (-1.40%), Litecoin (-1.30%), and Polkadot (-0.35%) saw relatively modest losses on the day. At the start of the week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $355.63bn. Bitcoin’s dominance rose to a Monday high 60.10% before falling to a Monday low 59.47%. At the time of writing, Bitcoin’s dominance stood at 59.66%. This Morning At the time of writing, Bitcoin was up by 0.22% to $11,467.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,427.0 before rising to a high $11,467.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a bullish start to the day. At the time of writing, Chainlink was up by 1.72% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $11,450 to bring the first major resistance level at $11,567 into play. Story continues Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level and Tuesday’s high $11,574.9 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,700 before any pullback. The second major resistance level sits at $11,692. Failure to avoid a fall back through the $11,450 pivot would bring the first major support level at $11,325 into play. Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,208 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Gold Price Futures (GC) Technical Analysis – Strengthens Over $1889.70, Weakens Under $1877.10 AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets Early Tone E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Trade Though 12019 Confirms Reversal Top Crude Oil Price Update – $40.63 to $41.50 Retracement Zone Controls Near-Term Direction AUD/USD Forex Technical Analysis – Trader Reaction to .7170 Sets the Tone NZD/USD Forex Technical Analysis – Weakens Under .6655, Strengthens Over .6689', 'JPMorgan analysts said Tuesday thatSquare Inc’s(NYSE:SQ) recent $50 million Bitcoin investment is a marker of the potential of the cryptocurrency as an asset, CoinDeskreportedMonday.\nWhat Happened:The bank’s market strategists said in a report that the Jack Dorsey-led company is likely to make more Bitcoin purchases, according to CoinDesk.\nThe analysts reportedly said that other payment companies are likely to follow Square’s lead or risk being left out of a growing segment.\nThe New York-based bank’s strategists described Square’s move as a “strong vote of confidence for the future of bitcoin.”\nSquarepurchased4,709 bitcoins on Oct. 7 at an aggregate purchase price of $50 million, which puts the price of each unit at roughly $10,618. That investment is\xa0worth $53.91 million as of press time.\nWhy It Matters:The lender’s researchers made a note of purchases of Bitcoin by millennials through Square’s Cash app as well asMicroStrategy Incorporated’s(NYSE:MSTR)5 million purchaseof the cryptocurrency, which they say is indicative of demand outstripping supply in the third quarter at a greater level than the preceding quarter, according to Coinbase.\nThe analysts reportedly said that options contracts to Bitcoin have risen as institutional clients are inclined to deal with established exchanges like the Chicago Mercantile Exchange. The analysts also ascribed the rise in options to retail investor activity.\nThe fintech company had termed Bitcoin as “an instrument of economic empowerment and provides a way to participate in a global monetary system.”\nSquare CEO Jack Dorsey, who also leadsTwitter Inc(NYSE:TWTR), told Reuters last month that “Internet wants a currency” and Bitcoin is the “best manifestation of that thus far.”\nThe company’s second-quarter earnings indicate that its Bitcoin revenue rose 600%, with Cash App leading growth.\nPrice Action:Bitcoin traded 0.53% lower at $11,488.89 at press time. Square shares closed nearly 2.9% higher at $190.47 on Monday and gained 0.28% in the after-hours session.\nLatest Ratings for SQ\n[{"Oct 2020": "Sep 2020", "Susquehanna": "Wolfe Research", "Maintains": "Upgrades", "": "Peer Perform", "Positive": "Outperform"}, {"Oct 2020": "Sep 2020", "Susquehanna": "Credit Suisse", "Maintains": "Maintains", "": "", "Positive": "Outperform"}]\nView More Analyst Ratings for SQView the Latest Analyst Ratings\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Jack Dorsey Says Internet Wants A Currency And It\'s Bitcoin\n• Tesla-Heavy ETF Fund Gets Record 4M Inflow In A Day\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', "JPMorgan analysts said Tuesday that Square Inc\x92s (NYSE: SQ ) recent $50 million Bitcoin investment is a marker of the potential of the cryptocurrency as an asset, CoinDesk reported Monday. What Happened: The bank\x92s market strategists said in a report that the Jack Dorsey-led company is likely to make more Bitcoin purchases, according to CoinDesk. The analysts reportedly said that other payment companies are likely to follow Square\x92s lead or risk being left out of a growing segment. The New York-based bank\x92s strategists described Square\x92s move as a \x93strong vote of confidence for the future of bitcoin.\x94 Square purchased 4,709 bitcoins on Oct. 7 at an aggregate purchase price of $50 million, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $211,572,074,181 - Hash Rate: 142937654.4874199 - Transaction Count: 314541.0 - Unique Addresses: 680468.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC/USD) made a bullish bounce at the 38.2% Fibonacci retracement support level. Is it time for a continuation of the uptrend or will the pattern expand into a complex correction? Price Charts and Technical Analysis The BTC/USD remains in a strong uptrend. The long-term moving averages have a bullish angle and are all aligned to the upside. The bullish bounce at the 38.2% Fibonacci level could indicate the end of a wave 4 (purple). But price action would need to bounce at the 144 ema or break above the resistance trend line. A bullish continuation is then expected to develop soon. A break below the 144 ema could indicate an expanded wave 4 (blue) at a new low. In that case the head and shoulders pattern (red boxes) could push the price lower. The 50% Fibonacci level is another support zone. Only a break below the 50% Fib and other Fibs would make the bullish outlook less likely (red x). The wave 4 can also turn into a contracting triangle, which would mean another wave C, D, and E before the uptrend continues. The -27.2% target is at 13,350 and the -61.8% Fib target is at 14,500. Good trading, Chris Svorcik The analysis has been done with the indicators and template from the SWAT method (simple wave analysis and trading). For more daily technical and wave analysis and updates, sign-up to our newsletter For a look at all of todays economic events, check out our economic calendar . This article was originally posted on FX Empire More From FXEMPIRE: S&P 500 Price Forecast Stock Markets Continue to Grind Higher USD/CAD Daily Forecast Attempt To Settle Above 1.3050 AUD/USD Price Forecast Australian Dollar Pulls Back Are Fangs Going To Breakdown Soon? GBP/USD Price Forecast British Pound Pulls Back USD/JPY Price Forecast US Dollar Continues to Grind Back and Forth... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Grayscale Investments on Wednesday reported\xa0it received\xa0$1.05 billion in cryptocurrency investment products in the\xa0third quarter. What Happened: The New York-based investment firm, in its "Digital Asset Investment"\xa0report, said that it saw the largest\xa0single-quarter capital inflow in Q3. Its\xa0year-to-date investments have topped $2.4 billion —\xa0double the cumulative flow of $1.2 billion in the 2013-2019 period. The company’s Grayscale Bitcoin Trust (OTC: GBTC ) led investment demand,\xa0garnering inflows of $719.3 million in the period with assets under management growing 147%\xa0year-to-date. Demand also grew for other products — Grayscale Bitcoin Cash Trust (OTC: BCHG ), Grayscale Litecoin Trust (OTC: LTCN ), and Grayscale Digital Large Cap Fund (OTC: GDLC ) saw inflows rise by more than 1,400% quarter-over-quarter. Grayscale Ethereum Trust (OTC: ETHE ) drew 17% of inflows from new institutional investors. As much as 81% of the investments in the firm’s products came from institutional investors in the period. Why It Matters: On Monday, Grayscale said its Ethereum trust now operated as\xa0a\xa0U.S. Securities and Exchange Commission reporting company. The company’s Bitcoin Cash and Litecoin funds got approval for listing on the OTC markets by the Financial Industry Regulatory Authority in July. JPMorgan analysts said Tuesday that Square Inc’s (NASDAQ: SQ ) $50 million investment in Bitcoin signifies the cryptocurrency’s potential as an asset. The analysts also pointed to the $425 million Bitcoin purchase of MicroStrategy Incorporated (NASDAQ: MSTR ) as an indicator of demand for Bitcoin outstripping its supply in the third quarter. Price Action: Bitcoin traded 0.58% lower at $11,390.44 at press time, while Ethereum traded 1.6% lower at $377.32. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas DeFi Craze Sees Uniswap Overtaking Coinbase In Monthly Trading Volume Justice Department Charges Five For Alleged M Cryptocurrency Mining Fraud © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Grayscale Investments on Wednesday reported\xa0it received\xa0$1.05 billion in cryptocurrency investment products in the\xa0third quarter.\nWhat Happened:The New York-based investment firm, in its "Digital Asset Investment"\xa0report, said that it saw the largest\xa0single-quarter capital inflow in Q3. Its\xa0year-to-date investments have topped $2.4 billion —\xa0double the cumulative flow of $1.2 billion in the 2013-2019 period.\nThe company’sGrayscale Bitcoin Trust(OTC:GBTC) led investment demand,\xa0garnering inflows of $719.3 million in the period with assets under management growing 147%\xa0year-to-date.\nDemand also grew for other products —Grayscale Bitcoin Cash Trust(OTC:BCHG),Grayscale Litecoin Trust(OTC:LTCN), andGrayscale Digital Large Cap Fund(OTC:GDLC) saw inflows rise by more than 1,400% quarter-over-quarter.\nGrayscale Ethereum Trust(OTC:ETHE) drew 17% of inflows from new institutional investors.\nAs much as 81% of the investments in the firm’s products came from institutional investors in the period.\nWhy It Matters:On Monday, Grayscale said its Ethereum trust now operated as\xa0a\xa0U.S. Securities and Exchange Commissionreportingcompany.\nThe company’s Bitcoin Cash and Litecoin funds got approval forlistingon the OTC markets by the Financial Industry Regulatory Authority in July.\nJPMorgan analysts said Tuesday thatSquare Inc’s(NASDAQ:SQ) $50 million investment in Bitcoin signifies the cryptocurrency’s potential as an asset. The analysts also pointed to the $425 million Bitcoin purchase ofMicroStrategy Incorporated(NASDAQ:MSTR) as an indicator of demand for Bitcoin outstripping its supply in the third quarter.\nPrice Action:Bitcoin traded 0.58% lower at $11,390.44 at press time, while Ethereum traded 1.6% lower at $377.32.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• DeFi Craze Sees Uniswap Overtaking Coinbase In Monthly Trading Volume\n• Justice Department Charges Five For Alleged M Cryptocurrency Mining Fraud\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'ZUG, Switzerland, Oct. 15, 2020 (GLOBE NEWSWIRE) --viaCryptoCurrencyWire--Alien Worlds (alienworlds.io), the NFT DeFi metaverse created by the team that pioneered the decentralised autonomous community (DAC) and tokenised block producer eosDAC, has sold out its inaugural NFT sale in the first-ever Dutch auction on the WAX Blockchain.\nAlien Worlds is the only NFT DeFi project cross-denominated on both Ethereum and WAX. Gamers farm the metaversal ERC-20 token, Trilium, using NFT land and tools. NFT cards confer gameplay advantages in mining and fighting, and power is expressed by participants staking the ERC-20 Trilium token to planets, each of which is a DAC with dedicated elected leadership.\nThe Alien Worlds inaugural Dutch NFT auction concluded on Oct. 10, 2020, and allowed gamers to secure Launch Packs at a range of prices. Launch Packs sold out well in advance of the conclusion of the auction, which was scheduled to run for 24 hours.\nBuyers opined on purchasing strategies in the active Alien Worlds Telegram channel during the lively auction and are keenly awaiting the four additional Alien Worlds NFT pack sales that will occur this autumn. Buyers paid the opening Dutch auction prices to secure “first mints,” which are popular among NFT collectors due to their ultra-rarity. As prices moved down through the price range, auction participants were determined to secure Alien Worlds NFT cards with better stats, which make mining and fighting more lucrative within the metaverse and which can later be “shined” for even greater gameplay efficiency.\nThe upcoming NFT auction schedule will be:\n• Oct. 23: Rare Pack Sale – 4,000 packs with greater probabilities of receiving Rare-type cards and some special cards reserved for this sale.\n• Nov. 6: Legendary Pack Sale – 3,000 packs with greater probabilities of receiving Legendary-type cards.\n• Nov. 20: eosDAC Pack Sale – Sale for eosDAC tokens with bonus probabilities.\n• Dec. 4: Special Land Pack Sale – The only chance to obtain Land NFTs.\nThe auctions take place on theAlien Worlds Sales websiteand offer parallel supply on Ethereum and WAX. NFT holders from Ethereum communities like Decentraland, Gods Unchained, Sandbox, RARI and Axie, as well as the growing WAX-based NFT communities, participate in tandem. Alien Worlds NFTs are available in the upcoming auction series, but the fungible Trilium token can only be obtained in-game through play. Alien Worlds co-founder and blockchain lead Michael Yeates has innovated the first cross-chain Ethereum-WAX methodology, which allows the fungible Trilium token to be recorded and transacted simultaneously across both blockchains.\n“The success of Alien Worlds’ first auction tells me our community understands how NFTs complement DeFi so synergistically,” said Alien Worlds co-founder Rob Allen. “People love NFTs because they are digital items you can use in gameplay and collect. People love DeFi because it’s an emerging application of blockchain through which we find sources of potential earnings and arrange those directly with peers. Within Alien Worlds there’s a home for both, because our project relies on both NFTs and the decentralised autonomous community or DAC structure, which allows users to decide how earnings are apportioned.”\nSince Ethereum is the home of DeFi and WAX is “the King of NFTs,” Alien Worlds sits at the crossroads of these advances in blockchain by being the first and only cross-denominated project. To strengthen this conjunction, Alien Worlds is reaching out to highly invested Ethereum NFT enthusiasts. The project has dropped Promo Packs of NFTs onto the top 6,400 NFT holders in Decentraland, RARI, Gods Unchained, Sandbox and Axie. Users can check if theymade the cutand claim their Promo Packs via alienworlds.io. Alien Worlds is also seekingETH Ambassadorsto help spread the word.\n“We’re excited to see how the community evolves this project, particularly in terms of ‘planets,’” said co-founder Sarojini McKenna. “Users choose where to stake their Trilium, and a planet with more Trilium staked to it will receive more rewards, which that planet can decide how to use – including paying its backers. The fact that each planet is its own DAC makes this truly decentralised, which we know from experience leads to an abundance of energy and creativity; wonderful things you never could have foreseen start happening.”\nAlien Worlds is set in a future in which some of Earth’s inhabitants have discovered a way to escape the raging pandemics on Earth through a wormhole revealed to them by an advanced alien race, which sent messages through Bitcoin mining algorithms. To build a fairer economy, everything in the Alien Worlds metaverse was tokenised.\nNow, the Alien Worlds “Star Route” or roadmap, published on the project’s website, includes the launch of the beta Unity user interface, the opening of the “shining” functionality in which NFTs can be combined to create rarer items, and the commencement of battling using NFT weapons and minions in the Thunder Dome. Further developments in the metaversal narrative arc, sometimes precipitated by guidance from an Ancient Alien AI, will be ongoing.\nAbout Alien Worlds(alienworlds.io): Alien Worlds is a smart-contract decentralised metaverse combining DeFi farming with NFT card-based strategy play. Alien Worlds has partnered with a game engineering studio to create the metaversal UI, which will call blockchain commands seamlessly so anyone can explore, earn, battle and stake in Alien Worlds. For more information, join ourTelegramorDiscordor refer to ourBlockchain Technical Blueprint.\nAboutDacoco(dacoco.io): Alien Worlds creators Dacoco GmbH are based in Zug’s Crypto Valle Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $212,885,155,350 - Hash Rate: 144856280.7221504 - Transaction Count: 340993.0 - Unique Addresses: 743078.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: - By insider Investment company Home Federal Bank Of Tennessee ( Current Portfolio ) buys PNC Financial Services Group Inc, Linde PLC during the 3-months ended 2020Q3, according to the most recent filings of the investment company, Home Federal Bank Of Tennessee. As of 2020Q3, Home Federal Bank Of Tennessee owns 67 stocks with a total value of $227 million. These are the details of the buys and sells. New Purchases: PNC, LIN, Added Positions: SPY, CARR, Reduced Positions: MSFT, IWS, IJS, WBA, T, GE, HON, COP, XOM, SCHF, MCD, Warning! GuruFocus has detected 3 Warning Sign with PNC. Click here to check it out. PNC 15-Year Financial Data The intrinsic value of PNC Peter Lynch Chart of PNC For the details of HOME FEDERAL BANK OF TENNESSEE's stock buys and sells, go to https://www.gurufocus.com/guru/home+federal+bank+of+tennessee/current-portfolio/portfolio These are the top 5 holdings of HOME FEDERAL BANK OF TENNESSEE BTC iShares Core S&P 500 ETF ( IVV ) - 212,983 shares, 31.49% of the total portfolio. Shares added by 0.89% BTC iShares S&P 500 Value ETF ( IVE ) - 521,134 shares, 25.78% of the total portfolio. Shares reduced by 0.29% BTC iShares S&P Small-Cap 600 Value ETF ( IJS ) - 49,684 shares, 2.68% of the total portfolio. Shares reduced by 1.93% Microsoft Corp (MSFT) - 23,034 shares, 2.13% of the total portfolio. Shares reduced by 4.67% BTC iShares Russell Mid-Cap Value ETF (IWS) - 57,239 shares, 2.04% of the total portfolio. Shares reduced by 4% New Purchase: PNC Financial Services Group Inc (PNC) Home Federal Bank Of Tennessee initiated holding in PNC Financial Services Group Inc. The purchase prices were between $98.85 and $114.18, with an estimated average price of $107.55. The stock is now traded at around $115.88. The impact to a portfolio due to this purchase was 0.09%. The holding were 1,900 shares as of . New Purchase: Linde PLC (LIN) Home Federal Bank Of Tennessee initiated holding in Linde PLC. The purchase prices were between $214.77 and $260.23, with an estimated average price of $242.24. The stock is now traded at around $240.05. The impact to a portfolio due to this purchase was 0.09%. The holding were 880 shares as of . Here is the complete portfolio of HOME FEDERAL BANK OF TENNESSEE. Also check out: 1. HOME FEDERAL BANK OF TENNESSEE's Undervalued Stocks 2. HOME FEDERAL BANK OF TENNESSEE's Top Growth Companies, and 3. HOME FEDERAL BANK OF TENNESSEE's High Yield stocks 4. Stocks that HOME FEDERAL BANK OF TENNESSEE keeps buyingThis article first appeared on GuruFocus . 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: ['Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0. It was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move. The morning pullback saw Bitcoin fall through the first major support level at $11,311. Finding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632. Bitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels. Finding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Thursday. Binance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green. It was a bearish day for the rest of the majors. Polkadot led the way down, falling by 3.00%. Chainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled. Cardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day. In the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%. This Morning At the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a mixed start to the day for the crypto majors. Cardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red. At the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels. Barring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828. Failure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play. Barring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118. This article was originally posted on FX Empire More From FXEMPIRE: Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2020 Gold Price Futures (GC) Technical Analysis – Needs to Hold $1889.70 to Keep Support Base Intact Natural Gas Price Prediction – Prices Rise Following Inventory Report Brexit, the EU Summit, and the Pound – Boris Johnson to Announce Next Steps Oil Is Losing Ground Amid Virus Fears PNC Financial Third Quarter Profits Swell as Loan Provisions Shrink; Target Price $138 in Best Case', 'Bitcoin, BTC to USD, rose by 0.60% on Thursday. Following a 0.02% decline on Wednesday, Bitcoin ended the day at $11,509.0.\nIt was a bearish start to the day. Bitcoin fell to a late morning intraday low $11,277 before making a move.\nThe morning pullback saw Bitcoin fall through the first major support level at $11,311.\nFinding support going into the afternoon, however, Bitcoin struck a late intraday high $11,632.\nBitcoin broke through the first major resistance level at $11,566 before falling back to sub-$11,500 levels.\nFinding late support, however, Bitcoin broke back through to $11,500 levels to end the day in the green. Resistance at $11,500 continued to peg Bitcoin back, however.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Thursday.\nBinance Coin (+1.69%), Bitcoin Cash ABC (+1.04%), and Bitcoin Cash SV (-0.14%) joined Bitcoin in the green.\nIt was a bearish day for the rest of the majors.\nPolkadot led the way down, falling by 3.00%.\nChainlink (-1.20%), and Ripple’s XRP (-1.23%) also struggled.\nCardano’s ADA (-0.36%), Crypto.com Coin (-0.29%), Ethereum (-0.28%), and Litecoin (-0.46%) saw relatively modest losses on the day.\nIn the current week, the crypto total market slid to a Monday low $344.29bn before rising to a Monday high $365.23bn. At the time of writing, the total market cap stood at $353.67bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Thursday high 60.21%. At the time of writing, Bitcoin’s dominance stood at 60.19%.\nAt the time of writing, Bitcoin was down by 0.06% to $11,502.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,489.0 before rising to a high $11,512.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the crypto majors.\nCardano’s ADA (-0.64%), Chainlink (-0.61%), Ethereum (-0.10%), Litecoin (-0.26%), Polkadot (-0.15%), and Ripple’s XRP (-0.09%) joined Bitcoin in the red.\nAt the time of writing, Binance Coin was up by 0.56% to lead the way. Bitcoin Cash SV (+0.19%) and Crypto.com Coin (+0.14%) also found early support.\nBitcoin would need to avoid a fall through the pivot level at $11,473 to bring the first major resistance level at $11,668 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,600 levels.\nBarring an extended crypto rally, the first major resistance level and Thursday’s high $11,632.0 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,900 before any pullback. The second major resistance level sits at $11,828.\nFailure to avoid a fall through the $11,473 pivot would bring the first major support level at $11,313 into play.\nBarring an extended crypto sell-off, Bitcoin should to steer clear of the second major support level at $11,118.\nThisarticlewas originally posted on FX Empire\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 16th, 2020\n• Gold Price Futures (GC) Technical Analysis – Needs to Hold $1889.70 to Keep Support Base Intact\n• Natural Gas Price Prediction – Prices Rise Following Inventory Report\n• Brexit, the EU Summit, and the Pound – Boris Johnson to Announce Next Steps\n• Oil Is Losing Ground Amid Virus Fears\n• PNC Financial Third Quarter Profits Swell as Loan Provisions Shrink; Target Price $138 in Best Case', 'VANCOUVER, BC / ACCESSWIRE / October 15, 2020 / HIVE Blockchain Technologies Ltd. (TSXV:HIVE)(OTCQX:HVBTF)(FSE:HBF) (the "Company" or "HIVE") announces its results for the first quarter ended June 30, 2020 (all amounts in US dollars, unless otherwise indicated). The Company\'s Management will host a webcast on Friday, October 16, 2020 at 10:00 am Eastern Time to discuss the Company\'s financial results. Click here to register for the webcast. "The first quarter marked an important period of transition for HIVE as we completed the assumption of direct control of our data centre operations from our former strategic partner and diversified our operations through the acquisition of our data centre facility in Canada to complement our Ethereum mining data centres in Europe, all of which are powered by green energy, which produce coins such as Ethereum and Bitcoin continuously in the cloud" said Frank Holmes, Interim Executive Chairman of HIVE. "Our gross mining margins from Ethereum mining increased during the quarter due to the combination of an increase in our mining output of Ethereum and our lower cost to mine Ethereum, which has been driven by a significant reduction in energy costs in Sweden and lower operating cost structure in Iceland achieved through our assumption of direct control of these operations. "As the largest public miner of Ethereum, this improvement in operational efficiency proved beneficial as Ethereum prices have risen through the year, and the explosion of DeFi applications usage on the Ethereum network drove a significant increase in the fees paid to miners over the summer and resulted in a record amount of Ethereum mined for HIVE during the most recent quarter ending September 30. "We have been utilizing the resulting positive cash flows from our Ethereum mining to support our Bitcoin mining operations as it continues to scale up with next generation mining equipment post the halving of Bitcoin rewards in May. Story continues "We have also undertaken a program to upgrade and expand our GPU equipment to maintain our Ethereum mining industry footprint. We are hopeful to complete this project by the end of 2020 though the negative impact on the global supply chain related to the COVID-19 pandemic does present challenges including increased shipping costs, obtaining equipment from China on a timely basis, and preventing the movement of technical teams across our locations in Europe. We will keep shareholders updated on our progress in our next quarterly update, anticipated near the end of November." Q1 F2021 Highlights Generated income from digital currency mining of $6.6 million Generated gross mining margin 1 of $2.6 million, or 39% o Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $212,885,155,350 - Hash Rate: 148693533.1916113 - Transaction Count: 324647.0 - Unique Addresses: 712317.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The crypto industry, with its questionable carbon footprint, now has a convenient way to showcase its green cred on a verified (rather than trusted) basis. But that raises a tricky question: The likes of Amazon and Google, whose processing largely takes place within directly owned and controlled data centers, are able to contract clean energy with relative ease and precision. But who do you ask for if you want to make Bitcoin greener? Announced Wednesday, Energy Web , a non-profit focused on decentralized approaches to decarbonizing the grid, wants to show how a large blockchain platform can switch to a zero-carbon footprint. To start with, the organization is teaming up with San Francisco-based Ripple and the XRP Ledger Foundation. Related: World's Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech Ripples support of this venture is intended to open the door to other blockchains with more energy-intensive operations like Bitcoin, said Jesse Morris, Energy Webs chief commercial officer. To make all this possible, the non-profit has released an open-source app called EW Zero that makes it easy for individuals, businesses or even entire blockchain ecosystems to make the transition. This initial deployment uses energy attribute certificates (EACs) from renewable energy sources to decarbonize electricity, the companies said. Blockchains are a massive energy hog and a lot of that electricity is not coming from wind, solar, hydro or other sustainable facilities, said Morris. So we have been thinking for a while now about how we could help the crypto industry decarbonize blockchains, given the distributed nature of the technology. First, Ripple In the case of Ripple, a 500-person fintech company focused on crypto-powered banking, there is an obvious starting point when it comes to reducing the firms carbon footprint. Moreover, Ripple uses a consensus system quite unlike Bitcoins proof-of-work (PoW) mining, an algorithm that by definition must burn through a ton of electricity. (At last count, the top five PoW blockchains currently use up to 170 terawatt-hours (TWh) of electricity per year more than the state of New York.) Story continues Related: Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016 As such, bitcoin isnt really comparable to something like pre-mined XRP running on Ripple, which many would argue comprises much more of a centralized system. Presented with these observations, Ken Weber, Ripples head of social impact, said in this case it would be beneficial to put technology-based tribal differences aside and adopt more of an all in this together approach. Read more: Can Bitcoin Survive the Climate Change Revolution? Its early days for all these currencies, which right now have a tiny share of global finance, but further down the line [green energy adoption] is gonna be much more difficult to reverse engineer, said Weber. We wanted to help make it easy to adopt these practices. This is not a proprietary wish on Ripples part; its a whole system wish. As with other social change movements, the idea is not to make anybody feel bad or shamed, but to give them a means to do this that is reasonable, beneficial and participatory. Crypto ESG Alex de Vries, the founder of Digiconomist, which identifies trends in cryptocurrencies, said carbon offsetting is happening at the level of crypto exchanges looking to do business with traditional financial institutions that follow environmental, social and corporate governance (ESG) mandates. Ripple is leveraging the fact that people associate heavy energy consumption with blockchains, but thats only really proof-of-work, said de Vries. With Bitcoin, youre talking about an extreme carbon footprint of 300 kilograms per transaction. I havent done the math on Ripple, but its gonna be closer to a Visa transaction, which is 0.4 grams per transaction. Read more: Hyperledger Conference Shows Where Blockchain Can Fight Global Warming Nonetheless, this is a step in the right direction for a relatively young industry that could become one of the first to be carbon-neutral, said Energy Webs Morris. In the same way that large corporates use certificates to decarbonize complex supply chains, blockchain users can purchase certificates from different places around the world (EW Zero also uses a blockchain system to track and account for these certificates). Imagine in the future having a wallet interacting with some blockchain, and as a part of that wallet you can actually increase your transaction fee just a bit and youve just contributed to decarbonizing the blockchain by purchasing a certificate somewhere, said Morris. Or if you are a bitcoin miner in a mining pool, youre also able to use this application to directly purchase certificates in a specific part of the world. The impetus to give this is a go is two-fold, said Energy Web CEO Walter Kok. Firstly, on the supply side, it will be useful to hook up existing green energy producers already servicing Bitcoin, which might have an overcapacity of green energy, Kok said, adding: The other part wont happen overnight, but in the end, everybody wants to be assured they are contributing to a better world. So lets get to the point where we can say with confidence that all blockchains, including Bitcoin and all its miners, produce in a green way. Related Stories Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green Energy Web Is Starting With Ripple in Its Bid to Make Crypto Provably Green... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0.\nIt was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse.\nFalling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0.\nThe morning pullback saw Bitcoin fall through the first major support level at $11,313.\nFinding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level.\nA late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Friday.\nBinance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down.\nCardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled.\nChainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day.\nIn the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%.\nAt the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a bearish start to the day for the crypto majors.\nAt the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down.\nBitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels.\nBarring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696.\nFailure to move through the $11,361 pivot would bring the first major support level at $11,176 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026.\nThisarticlewas originally posted on FX Empire\n• Silver Price Forecast – Silver Markets Have Gone Back and Forth\n• USD/JPY Weekly Price Forecast – Conflicting Candlesticks Show Consolidation\n• Gold Price Prediction – Prices Consolidate Despite Robust Retail Sales\n• Oil Is Set To Finish The Week Above The Key $40 Level\n• S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion\n• Gold Price Forecast – Gold Continues to Dance Around 50 Day EMA', 'Bitcoin, BTC to USD, fell by 1.62% on Friday. Reversing a 0.60% gain from Thursday, Bitcoin ended the day at $11,325.0. It was a mixed start to the day. Bitcoin rose to an early morning intraday high $11,547.0 before hitting reverse. Falling short of the first major resistance level at $11,668, Bitcoin fell to an early morning intraday low $11,212.0. The morning pullback saw Bitcoin fall through the first major support level at $11,313. Finding support in the late morning, Bitcoin briefly revisited $11,400 levels before falling back through the first major support level. A late move back through to $11,320 levels reduced the deficit on the day. The late move also saw Bitcoin break back through the first major support level at $11,313. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Friday. Binance Coin (-4.18%), Bitcoin Cash ABC (-5.22%), and Bitcoin Cash SV (-5.16%) led the way down. Cardano’s ADA (-2.25%), Ethereum (-3.26%), Litecoin (-3.87%), Polkadot (-2.81%), and Ripple’s XRP (-2.31%) also struggled. Chainlink (-1.57%) and Crypto.com Coin (-1.94%) saw relatively modest losses on the day. In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $347.00bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.28%. This Morning At the time of writing, Bitcoin was down by 0.25% to $11,297.0. A mixed start to the day saw Bitcoin rise to an early morning high $11,334.0 before falling to a low $11,290.0. Bitcoin left the major support and resistance levels untested early on. Story continues Elsewhere, it was a bearish start to the day for the crypto majors. At the time of writing, Bitcoin Cash SV was down by 1.68% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to move through the pivot level at $11,361 to bring the first major resistance level at $11,511 into play. Support from the broader market would be needed, however, for Bitcoin to break back through to $11,500 levels. Barring an extended crypto rally, the first major resistance level and Friday’s high $11,547.0 would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $11,600 before any pullback. The second major resistance level sits at $11,696. Failure to move through the $11,361 pivot would bring the first major support level at $11,176 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of the second major support level at $11,026. This article was originally posted on FX Empire More From FXEMPIRE: Silver Price Forecast – Silver Markets Have Gone Back and Forth USD/JPY Weekly Price Forecast – Conflicting Candlesticks Show Consolidation Gold Price Prediction – Prices Consolidate Despite Robust Retail Sales Oil Is Set To Finish The Week Above The Key $40 Level S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion Gold Price Forecast – Gold Continues to Dance Around 50 Day EMA', 'Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.\n• In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to therecord highof 3,500 contracts reached in mid-September.\n• The numbers were revealed by the Commitment of Traders (COT) report published by the U.S. Commodity Futures Trading Commission (CFTC) on Friday.\n• The cryptocurrency’s price reached multi-week highs above $11,700 during the seven days to Oct. 1, confirming a breakout on technical charts.\n• BTC’s recent resilience to several exchange-related issues may have given institutions the confidence to increase their bullish bets.\n• The cryptocurrency remained largely bid above $10,000 earlier this month despite news of theKuCoin exchange hackand U.S. regulatorsbringing criminal and civil chargesagainst BitMEX.\n• Similarly, buyers defended support at $11,200 on Friday after prominent crypto exchange OKExsuspended withdrawals.\n• ‘Had these events happened last year, the [bearish] impact on bitcoin’s price would have been much greater,” Sui Chung, CEO of CF Benchmarks, said in a statement to CoinDesk.\n• The derivatives market is now less dependent on exchanges like BitMEX and OKEx than a year ago.\n• In September 2019, the two exchanges accounted for over 70% of the global BTC derivatives’ open interest. That number has now dropped to 40%.\n• As such, the cryptocurrency is less sensitive to exchange-related issues. That’s a testament to the growing maturity of the cryptocurrency space, according to Chung.\n• Speculators or leveraged funds – hedge funds and various types of money managers that, in effect, borrow money to trade – increased their short positions by 4% to 14,100 – the record low seen in August.\n• That does not necessarily imply bearish implications for price.\n• According toPatrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG, cash and carry trading may have pushed bearish bets to record highs.\n• “Cash and carry” is an arbitrage strategy that involves buying the asset on the spot market and taking a sell position in the futures market when the latter is trading at a significant premium to the spot price.\n• Futures prices converge with spot prices on the day of the expiry, yielding arisk-free returnto a carry trader.\nAlso read:Bitcoin Price Dips 3% on OKEx News, Analysts Aren’t Too Worried\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps\n• Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps', 'Institutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.\n• In the week ended Oct. 13, institutional investors increased long positions by over 9%, taking the tally of bullish bets to therecord highof 3,500 contracts reached in mid-September.\n• The numbers were revealed by the Commitment of Traders (COT) report published by the U.S. Com Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $212,885,155,350 - Hash Rate: 152419671.45957646 - Transaction Count: 275069.0 - Unique Addresses: 586741.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Twitter CEO Jack Dorseytweetedhis disapproval of Coinbase CEO Brian Armstrong steering his company away from corporate activism. • Armstrong wrote inan open letterpublished Sunday that Coinbase had “an apolitical culture,” and that the exchange would not engage in “broader societal issues” or entertain employee discussions about it. • After the letter, Armstrong circulated a company-wide memo informing Coinbase employees that if they did not like the policy they could take a “generous”severance packageinstead. • Twitter CEO Dorsey responded that by the very act of being a crypto exchange, Coinbase was already activist by definition and there’s no point in pretending otherwise. • “Bitcoin (aka ‘crypto’) is direct activism against an unverifiable and exclusionary financial system which negatively affects so much of our society. Important to at least acknowledge and connect the related societal issues your customers face daily. This leaves people behind,” Dorseytweeted. • The back and forth comes at a time when tensions in the U.S. are boiling over with COVID-19, civil unrest and now a heated presidential race between incumbent President Donald Trump and former Vice President Joe Biden. Read more:Coinbase Offers Severance Package to Employees Unsatisfied With ‘Apolitical’ Mission • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’ • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’ • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’ • Twitter’s Dorsey Calls Out Coinbase CEO for Ignoring Users’ ‘Societal Issues’... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] Saturday, October 17, 2020', 31, '2020-10-17 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/', 'jcoki7', [['u/Damien_Targaryen', 20, '2020-10-17 06:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g92q4n0/', 'Really gotta thank COVID and all the FUD, all the uncertainty, for keeping Bitcoin’s price relatively stagnant. Accumulation of a lifetime.', 'jcoki7'], ['u/Knerd5', 20, '2020-10-17 07:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g92saie/', 'Suck up all the coins you can. The ride goin get wild.', 'jcoki7'], ['u/LongStrongHopiumDong', 13, '2020-10-17 12:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g939eq5/', 'The reality:\n\n> I’ll FOMO back in again in the upcoming $16k top;)', 'jcoki7'], ['u/_supert_', 18, '2020-10-17 12:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g939vs2/', 'This is a metalloid that may be a tad poisonous and has three allotropic forms; yellow, black and luminous evil cloud of doom. The Man is real and controls our world, which is why many people choose to fight him. Like, totally... . Reading sucks ass!.', 'jcoki7'], ['u/JaManSnowflake', 18, '2020-10-17 15:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93pfxw/', "If the last bull run thought me anything, it's that FUD is really bitcoin publicity in disguise.", 'jcoki7'], ['u/_supert_', 22, '2020-10-17 15:57', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93q3li/', "The towel was created by humans as a means to soak up fluids (water, lemonade, excess fluids after a group kitten huff, and the product of masturbation), but it has been determined through careful testing with a shpencil that towels are in fact highly intelligent and do not appreciate one bit being used to soak up fluids. . Essentially the risk of failure now is minimal, maybe nearly zero. In 2011 there were so many existential questions. . So the return will be less (I don't expect $1M) but I am comfortable with about half net worth in btc. 2 is the largest gathering of naked people which falls short of qualifying as an orgy. In fact I suffered a 70% draw down in short order. I can't see us touching 3k now. . So risk adjusted, I think it's a better trade now.. Arsenic (Latin for arse hole) is a chemical element in the periodic table that has the symbol As and atomic colour blue.. For more examples of negative thrust, see Masturbation (disambiguation). They also move away when used for a purpose they do not agree with, but it is so slow as to be undetectable to human eyesight... Illiterate? Write for free help!.", 'jcoki7'], ['u/warproxxx', 19, '2020-10-17 16:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93rbag/', "I think its really impressive how the market just shrugged off the okex event. Okex is much much bigger exchange than people here are pretending it to be. Upto around 2018 OkEx/OkCoin was the shit. The exchange that led nearly every movements. And still today it's one of the biggest exchanges where significant market moving trades took place (remember those okex whale posts here that perfectly coincided with price rises from the fall in 3k?)\n\nChina is totally cracking down on that exchange. And, the market just shurgged it off as no big deal. It speaks so much about how mature bitcoin has become. Upto 2018 this would had been a -20% event. But now, it was like a no event. Like how the dollar dosen't react when a bank's executive gets taken away. I think it speaks volumes about about big and diversified bitcoin has become.", 'jcoki7'], ['u/jarederaj', 11, '2020-10-17 16:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93tdk1/', 'Okay, that makes sense.\n\nYeah, volatility is nothing like it was. The price would drop 70% overnight because of a darknet market collapse. We had basically 1 exchange for a long time. At one point you hade to mine btc yourself or send a check to a dude in Mexico.\n\nStability keeps increasing, which demonstrates real value.', 'jcoki7'], ['u/cryptogrip', 16, '2020-10-17 16:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g93uwv4/', "I agree with this. I worked in tech and IT networking when a few friends were mining Bitcoin in the early days, and I was too wrapped up in the negatives around Bitcoin to allow my understanding of how disruptive technologies grow to benefit me. My most common experience with Bitcoin was helping businesses who had their storage drives encrypted by a hack, demanding 9k in Bitcoin by a specific time to release the data back to the owners. I didn't see then what I should have seen. I saw only risk and malicious use of Bitcoin. \n\nNow I realize that some of the best innovations in history stemmed from tech that was first used negatively. Bitcoin has matured immensely and is clearly here to stay. Kudos to anyone who was able to see this with an open mind a decade ago.", 'jcoki7'], ['u/ChartsCrypto', 11, '2020-10-17 17:58', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g943cuh/', "if 12k would just break we'd be at 14k+ before you know it. that is unless they want to snail it up.", 'jcoki7'], ['u/jarederaj', 13, '2020-10-17 18:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g9448oj/', 'I think 14k is going to take a couple months. The ping pong action between 20k and 14k is going to shake some people, though.', 'jcoki7'], ['u/LongStrongHopiumDong', 10, '2020-10-17 21:03', 'https://www.reddit.com/r/BitcoinMarkets/comments/jcoki7/daily_discussion_saturday_october_17_2020/g94omuj/', 'Wow. What a time to be alive. The chance to buy BTC at only $11k. These no-coiner plebs haven’t a clue, can’t wait to sell to ‘em.', 'jcoki7']]], ['u/MandelaNuke', 'Can I prove my BitCoin balance to a complete stranger, safely, over the Internet?', 10, '2020-10-17 07:59', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/', 'I\'d like to prove, verifiably, to some contestants in a contest I\'m setting up; that I\'m on the level and I do indeed have a prize ready to give to the winner.\n\nI\'m not talking escrow, I don\'t know who specifically is taking the money yet, they haven\'t contested yet and it doesn\'t start for another 9 weeks.\n\nSo, I\'m trying to offer a cash prize, and to show off the bling on flyers and stuff.\n\nI can\'t write "Grand Prize 0.0005 BTC" because that looks fucking lame, right?\n\nWhat can be put on the poster to really get people\'s juices flowing?', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/', 'jcpxee', [['u/[deleted]', 15, '2020-10-17 08:30', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g92x8eq/', 'You can prove it, just sign a message proving you own the bitcoin address. The functionality is built into electrum.', 'jcpxee'], ['u/redmamoth', 12, '2020-10-17 09:00', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g92z2fm/', 'I think you can sign a message, that proves you have the private keys for a specific address, therefor access to the full balance.', 'jcpxee'], ['u/ExisDiff', 16, '2020-10-17 09:55', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g9328pg/', 'You can, by signing a message appended to a bitcoin address you own. No one else but you can produce that particular signature associated with the bitcoin address you own. This is how: [https://bitcointalk.org/index.php?topic=990345.0#post\\_electrum198](https://bitcointalk.org/index.php?topic=990345.0#post_electrum198)', 'jcpxee'], ['u/gld6000', 10, '2020-10-17 15:47', 'https://www.reddit.com/r/Bitcoin/comments/jcpxee/can_i_prove_my_bitcoin_balance_to_a_complete/g93p3gc/', 'Have any skeptics send you some BTC and you will send them back DOUBLE just to prove it.', 'jcpxee']]], ['u/rBitcoinMod', 'Daily Discussion, October 17, 2020', 23, '2020-10-17 09:00', 'https://www.reddit.com/r/Bitcoin/comments/jcqlhu/daily_discussion_october_17_2020/', "Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0. It was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0. Leaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0. Steering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back. Falling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 levels. The near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Bitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day.. Binance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green. In the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn. Bitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%. This Morning At the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day for the crypto majors. Bitcoin Cash SV was down by 0.35% to buck the trend early on. It was a bullish start for the rest of the majors, however. Story continues At the time of writing, Binance Coin was up by 1.40% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499. Failure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: AUD/USD and NZD/USD Fundamental Daily Forecast – Rate Cut Chatter, Lower Risk Appetite Key Bearish Catalysts The Week Ahead – U.S Politics, COVID-19, Brexit, and Private Sector PMIs in Focus S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion The Weekly Wrap – Brexit, COVID-19, and U.S Politics Drive the Majors Arab SWFs Struggling with Rentier State Strategies Crude Oil Weekly Price Forecast – Crude Oil Markets Eke Out Gains', 'Bitcoin, BTC to USD, rose by 0.44% on Saturday. Partially reversing a 1.62% fall from Friday, Bitcoin ended the day at $11,375.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning low $11,290.0 before striking a mid-morning high $11,388.0.\nLeaving the major support and resistance levels untested, Bitcoin slid to an early afternoon intraday low $11,275.0.\nSteering clear of the first major support level at $11,176, Bitcoin hit a mid-afternoon intraday high $11,418.0 before easing back.\nFalling short of the first major resistance level at $11,511, Bitcoin fell back to end the day at sub-$11,400 levels.\nThe near-term bullish trend remained intact, supported by the latest move back through to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Saturday.\nBitcoin Cash ABC (-1.52%), Bitcoin Cash SV (-0.19%), Crypto.com Coin (-1.91%), and Litcoin (-1.49%) saw red on the day..\nBinance Coin (+0.53%), Cardano’s ADA (+1.61%), Chainlink (+0.31%), Ethereum (+0.80%), Polkadot (+1.16%), and Ripple’s XRP (+0.17%) joined Bitcoin in the green.\nIn the current week, the crypto total market rose to a Monday high $365.23bn before falling to a Friday low $343.10. At the time of writing, the total market cap stood at $350.42bn.\nBitcoin’s dominance fell to a Monday low 59.47% before rising to a Friday high 60.45%. At the time of writing, Bitcoin’s dominance stood at 60.19%.\nAt the time of writing, Bitcoin was up by 0.14% to $11,391.0. A mixed start to the day saw Bitcoin fall to an early morning high $11,364.9 before rising to a high $11,410.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day for the crypto majors.\nBitcoin Cash SV was down by 0.35% to buck the trend early on.\nIt was a bullish start for the rest of the majors, however.\nAt the time of writing, Binance Coin was up by 1.40% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,356 to bring the first major resistance level at $11,437 back into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $11,418.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level at $11,499.\nFailure to avoid a fall through the $11,356 pivot would bring the first major support level at $11,294 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,200 levels. The second major support level at $11,213 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• AUD/USD and NZD/USD Fundamental Daily Forecast – Rate Cut Chatter, Lower Risk Appetite Key Bearish Catalysts\n• The Week Ahead – U.S Politics, COVID-19, Brexit, and Private Sector PMIs in Focus\n• S&P 500 Weekly Price Forecast – Stock Markets Show Signs of Exhaustion\n• The Weekly Wrap – Brexit, COVID-19, and U.S Politics Drive the Majors\n• Arab SWFs Struggling with Rentier State Strategies\n• Crude Oil Weekly Price Forecast – Crude Oil Markets Eke Out Gains', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset classes – from stocks to bonds to bitcoin and beyond – fare in the context of a world where the Federal Reserve is determined to keep interest rates at or near zero for years to come. See also: ‘The Fed Meetings Are a Dead Spectator Sport’ – Best of The Breakdown September 2020 For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Related Stories How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World How Stocks, Bitcoin and Other Investments Fare in a 0% Interest Rate World', 'On Long Reads Sunday, a reading of a John Street Capital piece on the realities of a market characterized by zero-bound interest rates. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Related: Bitcoin News Roundup for Oct. 19, 2020 On this week’s Long Reads Sunday, NLW reads: “ Capital Allocation & Risk Asset Ramifications in a 0% Interest Rate World ” The piece examines how different asset cl Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $210,716,633,203 - Hash Rate: 119288755.698985 - Transaction Count: 231557.0 - Unique Addresses: 512486.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: TORONTO, ON / ACCESSWIRE / September 18, 2020/Tribert Rujugiro Ayabatwa is proud to announce that his company Barco Trading Company is approaching its 20thyear of productive corporate leadership. Tribert Ayabatwa is a Rwandan serial entrepreneur, business leader, and philanthropist. He is the founder of Barco Trading Company and the Pan African Tobacco Group. Tribert Rujugiro Ayabatwa established Barco Trading Company (BTC) in Lubango, Angola, in 2002. That was the year Angola achieved peace and began to build itself into the fourth-largest economy in Sub-Saharan Africa with a GDP of US$94 billion. With cumulative investments of $60 million USD and a projected of an additional US$10 million, BTC is the only manufacturer of tobacco products in Angola. BTC employs 416 full-time and seasonal employees in the manufacturing and supply chain. Tribert Rujugiro Ayabatwa envisions a bigger role for BTC by becoming a major exporter of made-in-Angola products. Ayabatwa is also keen to maintain the excellent relationship with the authorities and the people of Angola. This relationship includes BTC's corporate social responsibility recently demonstrated by the joint effort with the authorities in fighting COVID-19. BTC contributed a variety of foodstuff and sanitary materials. For Ayabatwa, business is about more than just making a profit. Contributing to the greater good is fundamental. "I am excited to see what the next 20 years hold for Barco Trading Company," says Tribert Rujugiro Ayabatwa. To learn more about Tribert Rujugiro Ayabatwa, visithttps://www.ptg-hld.com/our-founder. About Tribert Rujugiro Ayabatwa Tribert Rujugiro Ayabatwa is a successful entrepreneur, business leader, and philanthropist from Rwanda. Ayabatwa is the founder and controlling shareholder of the Pan African Tobacco Group, Africa's largest indigenous manufacturer of tobacco products. The company, which celebrated its 40thyear of operations last year, manufactures cigarettes in nine African countries including Nigeria, Angola, Burundi, the Democratic Republic of Congo, Tanzania, Uganda, and the United Arab Emirates. Tribert Rujugiro Ayabatwa is also one of Africa's leading philanthropists. He has helped communities uplift themselves in fields such as education, food security, afforestation, and water-access. Through his non-profit foundation, Ayababwa also strives to help young people to gain the practical engineering experience required to enter the job market in Africa. Contact: David HimbaraPanAfrican Tobacco [email protected] SOURCE:Tribert Rujugiro Ayabatwa View source version on accesswire.com:https://www.accesswire.com/606698/Tribert-Rujugiro-Ayabatwas-Angola-Based-BTC-Approaching-a-20-Year-Mark-of-Productive-Corporate-Citizenship... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Puerto Rico-based bank founded by gold bug and long-timebitcoinskeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.\nAccording to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.”\nHundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.\nRelated:Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains\nThese reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking.\n“People can be investigated for all sorts of reasons [so it] doesn’t mean they did anything wrong,” Schiff said in a fiery interview with 60 Minutes Australia. “I’m not allowed to discuss it.”\nThe investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific.\nInitiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year.\nRelated:IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns\nThe effort was established by the countries’ top tax officials, known as the “Joint Five,” after it was discovered tax authorities were less than equipped to deal with the revelations arising from the “Panama Papers” scandal.\nAccording toThe Age, the bank’s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers’ financial information at risk.\nHe claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank.\nA huge 2016 leak of documents, the Panama Papers shed light on how some of the world’s wealthiest people and firms have been hiding money and evading tax in off-shore accounts.\nSchiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as “frauds,” in a tweet on May 9.\nSee also:The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe', 'A Puerto Rico-based bank founded by gold bug and long-timebitcoinskeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.\nAccording to reports on Saturday by several large media organizations in Australia and the U.S., Schiff’s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed “Operation Atlantis.”\nHundreds of account holders at the bank, including 100 Australians considered “high risk,” are now being investigated over possible tax evasion and money laundering.\nRelated:Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains\nThese reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking.\n“People can be investigated for all sorts of reasons [so it] doesn’t mean they did anything wrong,” Schiff said in a fiery interview with 60 Minutes Australia. “I’m not allowed to discuss it.”\nThe investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific.\nInitiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year.\nRelated:IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns\nThe effort was established by the countries’ top tax officials, known as the “Joint Five,” after it was discovered tax authorities were less than equipped to deal with the revelations arising from the “Panama Papers” scandal.\nAccording toThe Age, the bank’s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers’ financial information at risk.\nHe claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank.\nA huge 2016 leak of documents, the Panama Papers shed light on how some of the world’s wealthiest people and firms have been hiding money and evading tax in off-shore accounts.\nSchiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as “frauds,” in a tweet on May 9.\nSee also:The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe\n• Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe', 'A Puerto Rico-based bank founded by gold bug and long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for \x93high-risk\x94 clients. According to reports on Saturday by several large media organizations in Australia and the U.S., Schiff\x92s Euro Pacific Bank has become the focus of a major global tax evasion investigation dubbed \x93Operation Atlantis.\x94 Hundreds of account holders at the bank, including 100 Australians considered \x93high risk,\x94 are now being investigated over possible tax evasion and money laundering. Related: Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains These reportedly include Simon Anquetil, the man behind major Australian tax fraud Plutus Payroll, and Australian entrepreneur and film financier Darby Angel, who has previously been convicted for drug trafficking. \x93People can be investigated for all sorts of reasons [so it] doesn\x92t mean they did anything wrong,\x94 Schiff said in a fiery interview with 60 Minutes Australia. \x93I\x92m not allowed to discuss it.\x94 The investigation is also said to be seeking the lawyers, accountants and financial firms that helped connect customers to Euro Pacific. Initiated by the U.K., the U.S., Australia, Canada and the Netherlands, Operation Atlantis began looking into Euro Pacific back in January of this year. Related: IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns The effort was established by the countries\x92 top tax officials, known as the \x93Joint Five,\x94 after it was discovered tax authorities were less than equipped to deal with the revelations arising from the \x93 Panama Papers \x94 scandal. According to The Age , the bank\x92s former IT director, John Ogilvie, also claimed that data security was poor, putting Euro Pacific customers\x92 financial information at risk. He claimed his computer had been hacked several times and that Russian bad actors had tried to extort a ransom of 1,000 bitcoin from the bank. Story continues A huge 2016 leak of documents, the Panama Papers shed light on how some of the world\x92s wealthiest people and firms have been hiding money and evading tax in off-shore accounts. Schiff has long been a critic of bitcoin, going so far as to describe those that promote the cryptocurrency as \x93frauds,\x94 in a tweet on May 9. See also: The FinCEN Files Show Banks Don\x92t Actually Care About Stopping Money Laundering Related Stories Bitcoin Critic Peter Schiff\x92s Bank Under Spotlight in Global Tax Probe Bitcoin Critic Peter Schiff\x92s Bank Under Spotlight in Global Tax Probe', "Blockchain\xa0uses the concept of\xa0distributed ledger technology to validate and store transactions over a peer-to-peer network. All records in the network are encrypted, anonymous, and cannot be altered once entered. The technology is best known for its utility in enabling peer-to-peer financial transactions, having been first implemented in\xa0Bitcoin (BTC),\xa0but its use has since been explored in several sectors, including supply chain management, healthcare, identity verification, media, real estate, and energy. Blockchain could also have immediate potential applications in the electric vehicle\xa0sector. Roadblocks To EV Adoption Electric vehicles are plagued by the problem of poor range and the lack of a distributed charging infrastructure versus their fossil fuel competitors. Models from Tesla Inc (NASDAQ: TSLA ) are the only electric vehicles to surpass the 300-mile threshold, with the Model S Long Range reaching 402\xa0miles per charge, according to Cars.com . The\xa0Chevrolet Bolt EV and Hyundai Kona Electric are Tesla’s closest competitors in this area, lurking around the 260-mile range. State governments in the U.S. are supporting the development of charging infrastructures . In July, New York announced a $750-million budget, and Florida approved $8.6 million for building charging infrastructure.\xa0California approved $437 million in funding in August. Yet\xa0these investments are part of long-term goals to achieve zero carbon emissions. and provide little relief to automakers and EV enthusiasts in the short run. How Can Blockchain Help? A paper published by International Finance Corporation in 2018 noted that the EV sector was one of the five top applications for blockchain to aid in the renewable energy push. Blockchain's utility lies in enabling p2p transactions without the need for a centralized intermediary — in this case, EV makers and EV charging infrastructure providers. Story continues Some startups have devised a solution that could provide an immediate boost to EV adoption: the introduction of an alternative peer-to-peer electric vehicle charging. Using blockchain-based applications, private owners can share their personal charging platform with the public for a fee. A public blockchain would allow all related parties to mobilize and transact in a common netw Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $210,716,633,203 - Hash Rate: 124259120.51977606 - Transaction Count: 303929.0 - Unique Addresses: 679146.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Mathew J. D’Souza, crypto entrepreneur and CEO of Blockware Solutions, died on Aug. 21 after a seven-year fight with leukemia. He was 29. D’Souza’s firm, a major U.S.-based mining rig distributor, announced his death and said a memorial service would be held in Park Ridge, Ill., where the company is based, on Wednesday. Despite a short life, he was greatly accomplished. He graduated with a Bachelor of Science in Accountancy (with Honors) in 2012 and a Master of Accounting Science in 2013 from the University of Illinois at Urbana-Champaign. Before entering the crypto world, D’Souza worked with accounting firm KPMG. Related: Arctos Inks $1M Sale and Leaseback Deal With Bitcoin Miner Blockware In crypto, however, he quickly made his mark. In 2017 he co-founded two firms, Blockchain Opportunity Fund, LLC, a multi-million dollar cryptocurrency hedge fund, and Blockware Solutions, LLC, a leading service provider for the bitcoin mining Industry. While CEO, Blockware Solutions became one of the largest distributors of mining rigs to the U.S. market, according to the company. In 2019 he co-founded the bitcoin mining fund Blockware Mining, LLC and served as the company’s CEO. In addition he was a keen observer and advocate of the blockchain and crypto space and a frequent source of insight for reporters at CoinDesk. He was a featured speaker during the virtual Consensus: Distributed conference in May . D’Souza is survived by his parents and brothers. Blockware Solutions said those wishing to pay tribute to his memory could make donations to the Evans Scholars Foundation . Related: Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain A Celebration of Life will be held on Friday, Aug. 28, from 3 p.m. to 8 p.m. local time at Cooney Funeral Home located at 625 Busse Highway in Park Ridge, Ill. The Memorial Service will be held the next day at 10 a.m. at Mary, Seat of Wisdom Parish, 920 W. Granville, Park Ridge. 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: ['This is a correction of a previous press release with a trading date of October 20, 2020. The correct date is October 22, 2020.\nToronto, Oct. 19, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. ("3iQ") is pleased to announce that the Class A Units of The Bitcoin Fund will commence trading in Canadian dollars on the Toronto Stock Exchange on October 22, 2020 under the symbol “QBTC.” The Class A Units will trade under their existing CUSIP number. “Finally, Canadian investors have the opportunity to trade The Bitcoin Fund in their native currency and through their locally dominated accounts, thus eliminating the interminable costs and albeit hassle of converting currencies” says Fred Pye, President & CEO of 3iQ.\nThe Bitcoin Fund’s investment objectives are to provide holders of units with exposure to bitcoin and the opportunity for long-term capital appreciation. The Bitcoin Fund acquires assets from reputable and regulated bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. We believe an investment in bitcoin will provide investors with a low-correlated asset class, which will complement traditional investment strategies.\nAdditionally, 3iQ is excited to welcome Christopher Matta to the company as Managing Director of Sales and Trading, effective October 19th, 2020. Chris is the President and Founder of the Blockchain Association of New Jersey, which advocates for innovative regulatory leadership and enterprise collaboration for the cryptocurrency space. He is the former co-founder of Crescent Crypto, an asset management firm focused on creating innovative investment solutions to bring the cryptocurrency asset class to institutional and mainstream investors. Prior to Crescent, Chris was a Vice President at Goldman Sachs where he managed assets for the Goldman Sachs Philanthropy Fund and Trust Comp. Chris reveals that he is "excited to be joining 3iQ at this pivotal time as the company is rapidly expanding, launching new and innovative products that will make digital asset investing more secure and accessible through a regulated offering.”\nAbout 3iQ\nFounded in 2012, 3iQ is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. 3iQ was the first Canadian investment fund manager to agree to terms and conditions with the Canadian securities regulatory authorities to manage a public bitcoin investment fund and multi-cryptoasset fund for Canadian accredited investors. Access to these new technologies can be daunting, costly, and inconvenient. 3iQ has worked through a stringent regulatory process to offer investors convenient and familiar investment products to gain exposure to digital assets.\nDisclaimer\nTheBitcoin Fund (the “Fund”)isoffered pursuant to a prospectus, which should be read carefully before investing. The prospectus can be obtained fromhttps://3iq.ca/the-bitcoin-fund/. Information contained in the prospectus includes the investment objectives and potential strategies of the Fund and other factors which may cause the actual results, performance or achievements of the Fund, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are ongoing fees and expenses associated with owning units ofthe Fund. The Fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the final prospectus. The Fund is not guaranteed, its value change frequently and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange (TSX) and the Gibraltar Stock Exchange (GSX). If the units are purchased or sold on the TSX or GSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. The securities of the Fund have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. The prospectus of the Fund does not constitute an offer to sell or the solicitation of an offer to buy securities of the Fund nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful. The Fund is generally exposed to risk factors. See the prospectus for a description of these risks: No Assurance in Achieving Investment Objectives, No Listing, Loss of Investment, Fluctuation in Value of Cryptoassets, Concentration Risk, Reliance on the Manager, Reliance on theCryptoassetConsultant, No Ownership Interest in theCryptoassetPortfolio, Changes in Legislation, Conflicts of Interest, Valuation of the Fund, Significant Redemptions, Limited Liquidity in the Units, Limited Operating History, Not a Fund Company, Exchange Rate Risk, Liquidity Constraints onCryptoassetMarkets may Impact the Fund’s Holdings, Tax Risk, Risks associated with Investing in Bitcoin, Risks Associated with the Bitcoin Network. Index (the “Index”) is the exclusive property of MV Index Solutions GmbH and has been licensed for use by 3iQ Corp. (the “Licensee”). MVIS has contracted withCryptoCompareData Limited to maintain and calculate the Index.CryptoCompareData Limited uses its best efforts to ensure that the Index is calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MV Index Solutions GmbH,CryptoCompareData Limited has no obligation to point out errors in the Index to third parties. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on The Bitcoin Fund, an investment trust governed under the laws of the Province of Ontario (the “Product”) or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS andVanEckmake no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS,VanEckand its affiliates make no warranties and bear no liability with respect to licensee. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.This press release is not for distribution in the United States newswire services or for dissemination in the United States.\nAttachment\n• BitcoinFundLogoBlue\nCONTACT: Fred Pye — President & CEO 3iQ Corp. +1 (416) 639-2130 [email protected]', 'This is a correction of a previous press release with a trading date of October 20, 2020. The correct date is October 22, 2020.\nToronto, Oct. 19, 2020 (GLOBE NEWSWIRE) -- 3iQ Corp. ("3iQ") is pleased to announce that the Class A Units of The Bitcoin Fund will commence trading in Canadian dollars on the Toronto Stock Exchange on October 22, 2020 under the symbol “QBTC.” The Class A Units will trade under their existing CUSIP number. “Finally, Canadian investors have the opportunity to trade The Bitcoin Fund in their native currency and through their locally dominated accounts, thus eliminating the interminable costs and albeit hassle of converting currencies” says Fred Pye, President & CEO of 3iQ.\nThe Bitcoin Fund’s investment objectives are to provide holders of units with exposure to bitcoin and the opportunity for long-term capital appreciation. The Bitcoin Fund acquires assets from reputable and regulated bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, secure alternative to a direct investment in bitcoin. We believe an investment in bitcoin will provide investors with a low-correlated asset class, which will complement traditional investment strategies.\nAdditionally, 3iQ is excited to welcome Christopher Matta to the company as Managing Director of Sales and Trading, effective October 19th, 2020. Chris is the President and Founder of the Blockchain Association of New Jersey, which advocates for innovative regulatory leadership and enterprise collaboration for the cryptocurrency space. He is the former co-founder of Crescent Crypto, an asset management firm focused on creating innovative investment solutions to bring the cryptocurrency asset class to institutional and mainstream investors. Prior to Crescent, Chris was a Vice President at Goldman Sachs where he managed assets for the Goldman Sachs Philanthropy Fund and Trust Comp. Chris reveals that he is "excited to be joining 3iQ at this pivotal time as the company is rapidly expanding, launching new and innovative products that will make digital asset investing more secure and accessible through a regulated offering.”\nAbout 3iQ\nFounded in 2012, 3iQ is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. 3iQ was the first Canadian investment fund manager to agree to terms and conditions with the Canadian securities regulatory authorities to manage a public bitcoin investment fund and multi-cryptoasset fund for Canadian accredited investors. Access to these new technologies can be daunting, costly, and inconvenient. 3iQ has worked through a stringent regulatory process to offer investors convenient and familiar investment products to gain exposure to digital assets.\nDisclaimer\nTheBitcoin Fund (the “Fund”)isoffered pursuant to a prospectus, which should be rea Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $210,716,633,203 - Hash Rate: 143146506.838782 - Transaction Count: 330563.0 - Unique Addresses: 713764.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / October 6, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH Market Summary Tuesday, October 06 2020 at 4:00 PM Digital Asset Pair Price 24hr Chg 7d Chg 24/hr Volume MarketCap Bitcoin BTC/USD $10,572.36 -$0.01 -$0.01 $68,208 M $195,689 M Ethereum ETH/USD $341.46 -$0.03 -$0.04 $13,330 M $38,549 M XRP XRP/USD $0.24 -$0.02 $0.02 $2,945 M $11,052 M Bitcoin Cash BCH/USD $222.07 $0.01 -$0.02 $1,677 M $4,117 M Litecoin LTC/USD $46.36 $0.01 $0.02 $3,007 M $3,042 M Bitcoin SV BSV/USD $161.00 -$0.01 -$0.05 $730 M $2,984 M EOS EOS/USD $2.70 $0.08 $0.04 $4,707 M $2,532 M Monero XMR/USD $108.45 $0.00 $0.13 $656 M $1,922 M Stellar XLM/USD $0.07 -$0.01 -$0.00 $160 M $1,506 M Dash DASH/USD $65.31 -$0.01 -$0.03 $364 M $637 M About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . Contact: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/609400/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH 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: ['Bitcoin, BTC to USD, rose by 1.43% on Tuesday. Following on from a 2.08% rally on Monday, Bitcoin ended the day at $11,925.0.\nIt was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,696.0 before making a move.\nSteering clear of the first major support level at $11,507, Bitcoin rallied to a late afternoon intraday high $12,044.0.\nBitcoin broke through the first major resistance level at $11,918 to test resistance at $12,000 before easing back.\nThe pullback saw Bitcoin fall back to sub-$11,900 levels before breaking back through the first major resistance level.\nThe near-term bullish trend remained intact, supported by the latest move back through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a bearish day on Tuesday.\nCardano’s ADA (-5.66%), Chainlink (-9.50%), and Crypto.com Coin (-4.65%) lead the way down.\nBinance Coin (-3.61%), Bitcoin Cash ABC (-3.79%), Ethereum (-2.82%), Litecoin (-2.21%), and Polkadot (-3.30%) also saw relatively heavy losses.\nBitcoin Cash SV (-0.47%) and Ripple’s XRP (-0.85%) saw relatively modest losses on the day.\nAt the start of the week, the crypto total rose to a Tuesday high $368.37bn before falling to a Tuesday low $347.77bn. At the time of writing, the total market cap stood at $360.38bn.\nBitcoin’s dominance rose from a Monday low 60.14% to a Tuesday high 62.21%. At the time of writing, Bitcoin’s dominance stood at 61.60%.\nAt the time of writing, Bitcoin was up by 0.52% to $11,987.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,910.0 before rising to a high $11,990.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nBitcoin Cash SV was down by 0.79% to buck the trend early on.\nIt was a bullish start for the rest of the majors.\nAt the time of writing, Bitcoin Cash ABC was up by 1.72% to lead the way.\nBitcoin would need to avoid a fall through the pivot level at $11,888 to bring the first major resistance level at $12,081 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,044.0.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $12,236.\nFailure to avoid a fall through the $11,888 pivot would bring the first major support level at $11,733 into play.\nBarring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,500 levels. The second major support level at $11,540 should limit any downside.\nThisarticlewas originally posted on FX Empire\n• Natural Gas Price Prediction – Prices Rise on Cold Weather Outlook\n• Oil Mixed As Traders Wait For U.S. Stimulus News\n• Crude Oil Price Forecast – Crude Oil Continue to Do Very Little\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020\n• E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bullish News Will Fuel Rally to 11920.25 – 11997.75\n• Monster Beverage Could Hit New Highs After Earnings', 'Bitcoin, BTC to USD, rose by 1.43% on Tuesday. Following on from a 2.08% rally on Monday, Bitcoin ended the day at $11,925.0. It was a mixed start to the day. Bitcoin fell to an early morning intraday low $11,696.0 before making a move. Steering clear of the first major support level at $11,507, Bitcoin rallied to a late afternoon intraday high $12,044.0. Bitcoin broke through the first major resistance level at $11,918 to test resistance at $12,000 before easing back. The pullback saw Bitcoin fall back to sub-$11,900 levels before breaking back through the first major resistance level. The near-term bullish trend remained intact, supported by the latest move back through to $12,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a bearish day on Tuesday. Cardano’s ADA (-5.66%), Chainlink (-9.50%), and Crypto.com Coin (-4.65%) lead the way down. Binance Coin (-3.61%), Bitcoin Cash ABC (-3.79%), Ethereum (-2.82%), Litecoin (-2.21%), and Polkadot (-3.30%) also saw relatively heavy losses. Bitcoin Cash SV (-0.47%) and Ripple’s XRP (-0.85%) saw relatively modest losses on the day. At the start of the week, the crypto total rose to a Tuesday high $368.37bn before falling to a Tuesday low $347.77bn. At the time of writing, the total market cap stood at $360.38bn. Bitcoin’s dominance rose from a Monday low 60.14% to a Tuesday high 62.21%. At the time of writing, Bitcoin’s dominance stood at 61.60%. This Morning At the time of writing, Bitcoin was up by 0.52% to $11,987.0. A mixed start to the day saw Bitcoin fall to an early morning low $11,910.0 before rising to a high $11,990.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day. Bitcoin Cash SV was down by 0.79% to buck the trend early on. It was a bullish start for the rest of the majors. Story continues At the time of writing, Bitcoin Cash ABC was up by 1.72% to lead the way. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $11,888 to bring the first major resistance level at $12,081 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Tuesday’s high $12,044.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test the second major resistance level sits at $12,236. Failure to avoid a fall through the $11,888 pivot would bring the first major support level at $11,733 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$11,500 levels. The second major support level at $11,540 should limit any downside. This article was originally posted on FX Empire More From FXEMPIRE: Natural Gas Price Prediction – Prices Rise on Cold Weather Outlook Oil Mixed As Traders Wait For U.S. Stimulus News Crude Oil Price Forecast – Crude Oil Continue to Do Very Little Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 21st, 2020 E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Bullish News Will Fuel Rally to 11920.25 – 11997.75 Monster Beverage Could Hit New Highs After Earnings', "BitMEX, which has been charged by the U.S. government with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier than its original deadline of early February . Stronger identity verification requirements is an industry trend, said Ben Radclyffe, commercial director of the exchange\x92s parent company 100x Group, in an interview with CoinDesk. BitMEX\x92s decision to move the deadline from February 2021 to November 2020 follows this trend and internal plans the exchange has worked on for \x93over a year with a considerable amount of resources dedicated to this.\x94 In August, the famously freewheeling bitcoin derivatives exchange announced mandatory identity verification. Less than two months later, charges were filed against the exchange by the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC); after that, nearly 30% of its bitcoin balance was withdrawn by clients. Related: 'Garbage' Market Data Is Holding Bitcoin Back: MicroStrategy CEO Under the accelerated timeline, by 0:00 UTC on Nov. 5, all BitMEX traders and affiliates identities must be verified before increasing or opening new positions. By Dec. 4., all accounts must be verified in order to process withdrawals from the exchange. After Dec. 4, BitMEX will begin to review remaining open positions on unverified accounts and communicate the account holders, Radclyffe told CoinDesk. Funds will be recoverable and eligible for normal withdrawals post verification. \x93Well over 50% of BitMEX\x92s current trading volume comes from verified accounts,\x94 said Radclyffe, representing the trading activity of tens of thousands of accounts. \x93The industry\x92s KYC-free days are coming to a close,\x94 said 100x\x92s chief compliance officer, Malcolm Wright, referring to know-your-customer rules. Related: 'Only in Crypto': What the OKEx Mess Says About New and Old Finance Story continues BitMEX plans to use its accelerated identity verification program, along with other corporate initiatives and Wright\x92s experience as chair of an anti-money laundering working group at Global Digital Finance, to become an industry leader in identity verification initiatives, Wright said. Update (Oct. 21, 3:12 UTC): This article has been updated to clarify BitMEX\x92s planned actions after Dec 4. and Wright\x92s work at Global Digital Finance. Related Stories BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls BitMEX Accelerates Mandatory ID Verification After Charges of Lax Anti-Money Laundering Controls", "BitMEX, which has been charged by the U.S. government with facilitating unregistered trading, has accelerated its mandate for all customers to verify their identities by Nov. 5, three months earlier thanits original deadline of early February.\nStronger identity verification requirements is an industry trend, said Ben Radclyffe, commercial director of the exchange’s parent company 100x Group, in an interview with CoinDesk. BitMEX’s decision to move the deadline from February 2021 to November 2020 follows this trend and internal plans the exchange has worked on for “over a year with a considerable amount of resources dedicated to this.”\nIn August, the famously freewheeling bitcoin derivatives exchange announced mandatory identity verification. Less than two months later,charges were filed against the exchangeby 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: 2020-10-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $222,967,603,125 - Hash Rate: 129229485.3405671 - Transaction Count: 311292.0 - Unique Addresses: 687152.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Inovio Pharmaceuticals, Inc. ( INO ) shares plummeted 28.34% Monday after the biotech company announced that the U.S. Food and Drug Administration (FDA) had put its COVID-19 vaccine on hold until it answers further questions about its vaccine technology. The company previously told investors that it had intended to move to Phase 3 trials this month, in line with other developers searching for the elusive vaccine, but now must wait until the fourth quarter for the FDA’s findings before it can move forward. “The company is actively working to address the FDA’s questions and plans to respond in October,” Inovio said in a statement cited by the Wall Street Journal . Inovio’s vaccine, which aims to provide immunity to the virus by inserting genetic instructions into cells to get them to release a protein found on the coronavirus, insisted that the early-stage trial of its Covid vaccine showed promising signs without any significant complications. It said the FDA’s concerns were more in relation to the details about administering the shot in its upcoming trial. As of Sept. 29, 2020, Inovio stock has a market capitalization of $2.03 billion, and still trades 268% higher on the year, despite Monday’s selling rout. Additional Funding Required Unlike many of its rivals that have secured millions – and in some cases – billions of dollars from government grants and industry investment, Inovio has flagged it’ll require additional funding to complete its Phase 3 trial. The company, which had just $372 million at the end of the June quarter, recently reported that it had received less than $20 million in grants. Wall Street View Despite Inovio’s vaccine setback, Maxim Group’s Jason McCarthy upgraded the shares to ‘Buy’ from ‘Hold,’ arguing the FDA trial holdup will be short-lived. Consensus elsewhere on the Street remains mixed. The stock receives 2 ‘Buy’ ratings, 5 ‘Hold’ ratings, and 1 ‘Sell’ rating. Twelve-month price targets range from as high as $36 to as low as $8, with an average target of $15.29. This represents a 26% premium from yesterday’s close of $12.14. Story continues Technical Outlook and Trading Tactics News of the delayed late-stage vaccine trial pushed Inovio shares down toward the $9.50 level, where they find a confluence of support from the 200-day simple moving average (SMA) and a multi-month horizontal trendline stretching back to late March. Active traders who buy the retracement to this high probability entry area should consider placing a stop-loss order beneath the September swing low at $8.78 and targeting a move back up to overhead resistance around $32. Manage risk by moving the stop to break even if the price climbs above this month’s high at $18.69. This article was originally posted on FX Empire More From FXEMPIRE: Weekly Recap: Bitcoin and Ethereum Go Into the Red EUR/USD Daily Forecast – Attempt To Get Above Resistance At 1.1695 Natural Gas Price Fundamental Daily Forecast – Dec Futures Contract Could Attract Buyers at $3.197 to $3.187 E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – 27729 – 28040 is Next Upside Target Oil Traders’ Fears Outweigh Hopes on Global Economic Recovery E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Momentum Traders Targeting 11550.75 – 11761.75... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Institutional users of cryptocurrency exchange giant OKEx can now get their holdings out, though it will cost them to do so. The exchange, which made withdrawals unavailable last week after Chinese police launched a probe linked to the firm, began letting users within OKEx trade with each other on Wednesday. Read more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx Hours later, blockchain developer Zulu Republic -- along with liquidity provider Alameda Research and crypto trading community Whalepool -- created a way for institutional investors to sell their OKEx deposits for a token representing Bitcoin or Tether on the Ethereum blockchain. A user gets one token for every OKEx Bitcoin deposited into the venture’s OKEx account. The token currently trades for about 93 cents on the dollar on the Uniswap exchange. “My guess is if they were expecting withdrawals to resume tomorrow, they’d tell us,” said Sam Bankman-Fried, Alameda’s chief executive officer, adding that he believes no funds have been moved or stolen. “There’s not been a lot of guidance on what to expect. I think sentiment is weeks to months when withdrawals will open up.” Within the first hour of the token’s availability, five institutional investors reached out to the venture, which charges a 1% fee on the swap plus a fee for a regulatory check, Zulu CEO Daniele Sestagalli said in an interview. Users wishing to swap back to their OKEx accounts -- if the exchange unfreezes withdrawals, for instance -- have to pay a 1% fee as well. The minimum order amount is 100 Bitcoin, he said. Bitcoin is currently trading around $13,000. Traders need to visit Isaidno.ooo to join the waiting list for withdrawal approval. OKEx halted withdrawals last week after Chinese police launched an investigation linked to it. OKG Technology Holdings Ltd. -- whose controlling shareholder, Xu Mingxing, is also the founder of OKEx -- said in a Hong Kong stock exchange filing Oct. 18 it has been informed Xu is under investigation by public security authorities in China. OKG said it hasn’t reached Xu to confirm he is being investigated and the group wasn’t subject to any government probe in China to the best of the board’s knowledge. Story continues In an earlier statement, OKEx said an unidentified staffer responsible for users’ private keys -- accounts where coins are stored -- has been “out of touch” while cooperating with a police investigation, the Malta-based exchange said in an Oct. 16 release. The exchange emphasized that everyone’s deposits are safe. OKEx didn’t immediately respond to a request for comment. In a tweet, Bankman-Fried cautioned about the venture: “Use at your own risk.” For more articles like this, please visit us at bloomberg.com Subscribe now to stay ahead with the most trusted business news source. ©2020 Bloomberg L.P.', '(Bloomberg) -- Institutional users of cryptocurrency exchange giant OKEx can now get their holdings out, though it will cost them to do so.\nThe exchange, which made withdrawals unavailable last week after Chinese police launched a probe linked to the firm, began letting users within OKEx trade with each other on Wednesday.\nRead more: Chinese Police Probe Halts Withdrawals at Crypto Giant OKEx\nHours later, blockchain developer Zulu Republic -- along with liquidity provider Alameda Research and crypto trading community Whalepool -- created a way for institutional investors to sell their OKEx deposits for a token representing Bitcoin or Tether on the Ethereum blockchain. A user gets one token for every OKEx Bitcoin deposited into the venture’s OKEx account. The token currently trades for about 93 cents on the dollar on the Uniswap exchange.\n“My guess is if they were expecting withdrawals to resume tomorrow, they’d tell us,” said Sam Bankman-Fried, Alameda’s chief executive officer, adding that he believes no funds have been moved or stolen. “There’s not been a lot of guidance on what to expect. I think sentiment is weeks to months when withdrawals will open up.”\nWithin the first hour of the token’s availability, five institutional investors reached out to the venture, which charges a 1% fee on the swap plus a fee for a regulatory check, Zulu CEO Daniele Sestagalli said in an interview. Users wishing to swap back to their OKEx accounts -- if the exchange unfreezes withdrawals, for instance -- have to pay a 1% fee as well. The minimum order amount is 100 Bitcoin, he said. Bitcoin is currently trading around $13,000.\nTraders need to visit Isaidno.ooo to join the waiting list for withdrawal approval.\nOKEx halted withdrawals last week after Chinese police launched an investigation linked to it.\nOKG Technology Holdings Ltd. -- whose controlling shareholder, Xu Mingxing, is also the founder of OKEx -- said in a Hong Kong stock exchange filing Oct. 18 it has been informed Xu is under investigation by public security authorities in China. OKG said it hasn’t reached Xu to confirm he is being investigated and the group wasn’t subject to any government probe in China to the best of the board’s knowledge.\nIn an earlier statement, OKEx said an unidentified staffer responsible for users’ private keys -- accounts where coins are stored -- has been “out of touch” while cooperating with a police investigation, the Malta-based exchange said in an Oct. 16 release. The exchange emphasized that everyone’s deposits are safe.\nOKEx didn’t immediately respond to a request for comment.\nIn a tweet, Bankman-Fried cautioned about the venture: “Use at your own risk.”\nFor more articles like this, please visit us atbloomberg.com\nSubscribe nowto stay ahead with the most trusted business news source.\n©2020 Bloomberg L.P.', 'Cybersecurity company McAfee Corp , on Wednesday, announced it is\xa0pricing 37 million class A common stock shares in its initial public offering at $20 per share. What Happened :\xa0McAfee\x92s stock will begin its trading debut on the Nasdaq Stock\xa0Market under the symbol "MCFE" on Thursday, and the IPO offer will be open till Oct. 26. The public offering, which stands to generate\xa0$740 million in proceeds,\xa0values the company at $8.6 billion, Bloomberg reports. McAfee is offering 30.98 million shares in the IPO, with the rest 6 million coming from existing shareholders. A week ago, McAfee disclosed it expected to price its IPO in the range of $19 to $22 per share. Why Does It Matter : Based on the data from Refinitiv,\xa0The Financial Times reports that IPOs have raised close to $58.4 billion in the U.S. this year. Some of the recent tech IPO include cloud software company Snowflake Inc (NYSE: SNOW ), DevOps solutions provider JFrog Ltd (NASDAQ: FROG ), data analytics startup Sumo Logic Inc (NASDAQ: SUMO ), and video game software developer Unity Software Inc (NYSE: U ). After being acquired by Intel Corporation (NASDAQ: INTC ) in 2010, McAfee was spun off in 2016 when private equity firm TPG Capital purchased a 51% stake in the cybersecurity company. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Microsoft Directs Sales Team To Promote Dynamic 365 Products Bitcoin Crosses Crucial K Mark Amidst Low Funding Rates © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'Cybersecurity companyMcAfee Corp, on Wednesday, announced it is\xa0pricing 37 million class A common stock shares in its initial public offering at $20 per share.\nWhat Happened:\xa0McAfee’s stock will begin its trading debut on the Nasdaq Stock\xa0Market under the symbol "MCFE" on Thursday, and the IPO offer will be open till Oct. 26.\nThe public offering, which stands to generate\xa0$740 million in proceeds,\xa0values the company at $8.6 billion,Bloombergreports. McAfee is offering 30.98 million shares in the IPO, with the rest 6 million coming from existing shareholders.\nA week ago, McAfeedisclosedit expected to price its IPO in the range of $19 to $22 per share.\nWhy Does It Matter: Based on the data from Refinitiv,\xa0The Financial Times reports that IPOs have raised close to $58.4 billion in the U.S. this year. Some of the recent tech IPO include cloud software companySnowflake Inc(NYSE:SNOW), DevOps solutions providerJFrog Ltd(NASDAQ:FROG), data analytics startupSumo Logic Inc(NASDAQ:SUMO), and video game software developerUnity Software Inc(NYSE:U).\nAfter being acquired byIntel Corporation(NASDAQ:INTC) in 2010, McAfee was spun off in 2016 when private equity firmTPG Capitalpurchased a 51% stake in the cybersecurity company.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Microsoft Directs Sales Team To Promote Dynamic 365 Products\n• Bitcoin Crosses Crucial K Mark Amidst Low Funding Rates\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'GBP/USD Video 22.10.20. Traders Remain Focused On Brexit And U.S. Stimulus Talks GBP/USD is trying to continue its upside move while the U.S. dollar is gaining ground against a broad basket of currencies. Yesterday, GBP/USD rallied on hopes for a Brexit deal. Traders believe that EU and UK will intensify their negotiations and reach a compromise deal in the upcoming weeks. Meanwhile, the U.S. Dollar Index remained volatile as traders evaluated the chances of a new U.S. stimulus deal. The U.S. Dollar Index tested the support level at 92.50 but rebounded closer to the nearest resistance at 92.80 after U.S. President Donald Trump accused Democrats of not willing to compromise. In addition to U.S. stimulus talks and Brexit chatter, traders will focus on U.S. employment reports. U.S. Initial Jobless Claims are expected to decline from 898,000 to 860,000 while Continuing Jobless Claims are projected to decrease from 10.02 million to 9.5 million. Recent reports indicated that U.S. job market recovery has stalled, and it remains to be seen whether Initial Jobless Claims will stay Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $222,967,603,125 - Hash Rate: 136187996.08967456 - Transaction Count: 339087.0 - Unique Addresses: 753892.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: ZelaaPayAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE ZelaaPayAE, a Leading Cryptocurrency Platform from the UAE Dubai, UAE, Sept. 02, 2020 (GLOBE NEWSWIRE) -- The Blockchain ecosystem is one of the most rapidly evolving and expanding branches of the global economy. The crypto market requires continuous innovativeness to promote progress and allow the ever-changing demands of users. ZelaaPayAE, a leading cryptocurrency platform from the United Arab Emirates, understands this perfectly. From the beginning of its launch, ZelaaPayAE invested in the development of revolutionary blockchain infrastructure solutions designed to enhance people’s ability to effortlessly use cryptocurrencies in everyday life, such as Point-of-Sale terminals and crypto debit cards. Now, ZelaaPayAE makes yet another great leap forward: in order to keep providing its users with a bespoke level of quality and effectiveness, ZelaaPayAE partnered with Tron to become a Dual Chain platform that unleashes full power of both the Ethereum and Tron networks. Tron uses a different consensus mechanism to Ethereum when it comes to adding and verifying transactions on its network. Instead of using Proof-of-Work like Ethereum or Bitcoin where miners produce blocks for the network, TRON uses something called Delegated Proof-of-Stake where 27 elected Super Representatives produce blocks for the network. This consensus mechanism allows TRON to achieve much faster rates of transactions than Ethereum. For a platform with razor sharp focus, like ZelaaPayAE, delivering the highest quality of services allows no room for tribalism and personal preferences. After strong evaluations, the company has decided to deploy optimal solutions to assure the highest level of quality and is confident in the power of Dual Chain. The partnership with Tron is a beneficial step forward, because it enables ZelaaPayAE to deliver maximum effectiveness in the consumer payments domain, while building a strong base for DeFi services through the Ethereum chain. Story continues ZelaaPayAE believes that both Tron and Ethereum are mutually exclusive and excel in answering specific demands. Both blockchains are established projects built on solid fundamentals, and both of them help explore the full possibilities that cryptocurrencies have to offer. The main goal of ZelaaPayAE is to create an innovative platform which furthers the adoption of blockchain technology in our daily lives. A partnership with both Tron and Ethereum helps ZelaaPayAE realize their vision of promoting the use of blockchain technology and decentralized finance solutions in the Gulf Area. Broadening the horizons with a network of Point-of-Sales terminals, crypto debit cards, and now also a platform that allows its users to enjoy the full possibilities of both Tron and Ethereum, ZelaaPayAE will enable people to use cryptocurrencies effortlessly and effectively in Middle Easten countries and eventually, expand globally. Media Details – Company: ZelaaPayAE Website: https://zelaapay.ae/ Email: [email protected] Attachment ZelaaPayAE... - Reddit Posts (Sample): [['u/TheAlmightyRedditor', 'Bitcoin 13k', 785, '2020-10-22 00:17', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/', 'Let’s go boys, have a feeling that the 2017 bull run is going to look like child’s play due to the uncertain global situation, PayPals big news, and recent halving. Be on the lookout for other payment processors adopting similar strats as the market leader (PayPal) leads the way. All panning out to explode bitcoin. I actually went to the fucking zoo today, only saw bears, let’s keep them in those cages. #bullsontheloose', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/', 'jfn0k2', [['u/TheAlmightyRedditor', 19, '2020-10-22 00:28', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l8kvl/', 'Circlejerking is fun tho', 'jfn0k2'], ['u/Snowman33001', 17, '2020-10-22 00:31', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l8xw2/', 'Exciting/terrifying times', 'jfn0k2'], ['u/JohnBravere', 18, '2020-10-22 00:33', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l92y0/', 'I think the runs were 40x and 30x, respectively. Please correct me if im wrong. Im predicting 20x-25x for this one.', 'jfn0k2'], ['u/ZeitgeistGuy', 17, '2020-10-22 00:33', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9l96aa/', "It's possible... institutional FOMO 2020 vs individual FOMO 2017", 'jfn0k2'], ['u/shreveportfixit', 32, '2020-10-22 00:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lablc/', "Combine that with the Fed's helicopter money strategy... 22% of all US dollars in existence were created this year. Keep calm and hodl on.", 'jfn0k2'], ['u/ROPEgangBaBY', 22, '2020-10-22 00:46', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lajnl/', 'you killed me. hahahah', 'jfn0k2'], ['u/xBinKz', 44, '2020-10-22 00:46', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lajyz/', 'Going into r/buttcoin gives you some comedic fun. Especially when we’re mooning.', 'jfn0k2'], ['u/lazarus_free', 11, '2020-10-22 00:57', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbozv/', 'I smell moon', 'jfn0k2'], ['u/Turil', 14, '2020-10-22 00:58', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbt1o/', '>I actually went to the fucking zoo today, only saw bears, let’s keep them in those cages.\n\nFree the bears! Bears belong in the wild. Not in finance games. Or zoos.', 'jfn0k2'], ['u/ChalmondleyWarner', 10, '2020-10-22 00:59', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lbw0v/', "It's usually 20x the previous ATH. So that means top of next bubble would be around $400k.", 'jfn0k2'], ['u/Turil', 49, '2020-10-22 01:00', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lc0ty/', "My goal is to buy a cheap farm to serve as a community center.\n\nI'll keep a bit of Bitcoin, of course, but the farm is a priority. As soon as I can buy a farm with Bitcoin (directly), that's what I'll do.", 'jfn0k2'], ['u/Novice89', 13, '2020-10-22 01:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lcc42/', 'I know I’m so sad. Waiting for a deposit to hit my account for over a week now so I could buy more bitcoin. Found out itll be a few more days, by then bitcoin will be 2-4K higher than when I hoped to buy 😭\n\nOh well, still going to buy', 'jfn0k2'], ['u/SkankHuntForty22', 14, '2020-10-22 01:09', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lcyff/', "13k are rookie numbers, it's gonna go much much higher than that.", 'jfn0k2'], ['u/1nv1s1blek1d', 11, '2020-10-22 01:10', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ld37g/', 'People are cashing out.', 'jfn0k2'], ['u/jleonardbc', 354, '2020-10-22 01:16', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ldql6/', 'When NASA says they\'re going to have an exciting announcement on Monday about "the moon," they mean it in terms of Bitcoin.', 'jfn0k2'], ['u/CryptoRegio', 25, '2020-10-22 01:19', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9le2fv/', "Weak hands\n\nThey don't deserve to put their hands on a lambo just like us hodlers", 'jfn0k2'], ['u/TheAlmightyRedditor', 11, '2020-10-22 01:24', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9leko0/', 'Yeah fuck ya then throw it in spy', 'jfn0k2'], ['u/squashbelly', 11, '2020-10-22 01:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lgnes/', 'Whenever there is a run like this I actually get a little sick to my stomach.', 'jfn0k2'], ['u/Snowman33001', 10, '2020-10-22 02:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ljlpf/', 'I didn’t feel that this time but I know the feeling you’re talking about.', 'jfn0k2'], ['u/Fosforus', 158, '2020-10-22 02:29', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9llbwy/', "If bitcoin is at $1 million, there really won't be a reason to cash out. It will be accepted everywhere at that point.", 'jfn0k2'], ['u/LunarPursuits', 61, '2020-10-22 02:34', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9llw2f/', 'were gonna moon so hard.', 'jfn0k2'], ['u/LongLiveDetroit', 23, '2020-10-22 02:55', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lo3pe/', "Bruh I haven't accumulated enough r u srs", 'jfn0k2'], ['u/widowmakingasandwich', 13, '2020-10-22 03:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lox6e/', 'Personally this is beyond me. I plan to hold and die with it leaving it to my daughter.', 'jfn0k2'], ['u/bittabet', 48, '2020-10-22 03:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lpvzy/', 'If Bitcoin hit $1 million then the big holders would be absurdly wealthy, like Jeff Bezos wealthy lol', 'jfn0k2'], ['u/timmy12688', 26, '2020-10-22 03:13', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lpxs1/', 'I’m buying a farm on the Moon. And it’s gonna have blackjack and Moon hookers!', 'jfn0k2'], ['u/mmacisso', 17, '2020-10-22 03:44', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lt7ji/', 'How would you even logistically “cash” out if BTC hit that kind of value - it would be some financial collapse of the dollar where very few hoard BTC, no one will exchange a valuable asset like real estate for a crypto in those circumstances', 'jfn0k2'], ['u/scottmsul', 20, '2020-10-22 03:48', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ltjn3/', "Owning bitcoin is the cashing out. That's the point.", 'jfn0k2'], ['u/Gyxxer07', 11, '2020-10-22 04:03', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lv5mj/', '2 million are u high? That 4x the market cap of gold. Be lucky if it gets to 1million after the next 3 halvings.', 'jfn0k2'], ['u/TheAlmightyRedditor', 10, '2020-10-22 04:08', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lvo6l/', 'Bro do you believe tho', 'jfn0k2'], ['u/[deleted]', 10, '2020-10-22 04:10', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lvv3f/', "Well, at that point the default coin denomination would likely be the satoshi versus the microbitcoin or milibitcoin, seeing how a satoshi would be worth like 1 or 10 dollars\n\nEdit: my bad, it's apparently 1 cent, no complaints here :)", 'jfn0k2'], ['u/mixologyst', 10, '2020-10-22 04:30', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9lxwke/', '2017, November and December. $3500 to $20000. Wake me up when we break $28000.', 'jfn0k2'], ['u/mightyduck19', 13, '2020-10-22 04:34', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9ly9m0/', "It's honestly crazy. I came for the speculation and stayed for the fundamentals. I honestly didn't give a shit about the BTC narrative up until we went apeshit with the monetary policy. Now the narrative is so aligned it's almost comical.", 'jfn0k2'], ['u/Moomjean', 11, '2020-10-22 05:00', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m0rbl/', 'At a million dollars per btc a satoshi would be a penny each.', 'jfn0k2'], ['u/Deez1putz', 16, '2020-10-22 05:36', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m44gl/', 'I’m highly concerned that while the comment count is low at r/buttcoin, the memes are currently a degree of magnitude better than here. There is a real meme deficit these days.', 'jfn0k2'], ['u/Speedmetal666', 20, '2020-10-22 05:42', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m4nic/', "Should'a, could'a, woulda's will be coming out the woodwork again", 'jfn0k2'], ['u/xtal_00', 19, '2020-10-22 06:24', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9m89wg/', "Real estate generates income.\n\nBitcoin will stabilize eventually at a reasonable deflation that other assets will beat.\n\nWe're a long way from that. It may happen at $1m, it might happen at $100m.\n\nA lot of what we take for granted is going to change in the next few years.\n\nDuplexes beat lambos.", 'jfn0k2'], ['u/must_improve', 12, '2020-10-22 07:58', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9mf6i2/', "Dude that's crazy.", 'jfn0k2'], ['u/liquigate', 15, '2020-10-22 09:14', 'https://www.reddit.com/r/Bitcoin/comments/jfn0k2/bitcoin_13k/g9mk0g8/', 'Not really... If you earned $10,000 every day, 365 days a year from when they were building the pyramids in Ancient Egypt, until today - you would have 8.66% of Jeff Bezos wealth...\n\nEgypt \n2630 BC + 2020 AD= 4650 years \n4650 years x 365 days = 1.697.250 days \n1.697.250 days x 10.000$ = 16,972,500,000$ \n\nBezos Valuation=196,000,000,000$ \n\n\n \nYou will need to have LOADS of Bitcoin to arrive even at 10% of Bezos net worth... \n\n\nAnd yes I agree, if Bitcoin reaches 1Million, why sell? It will be a proof that "it made it".', 'jfn0k2']]], ['u/no-ok-maybe', 'Well.. 13k... alright then!', 27, '2020-10-22 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/jfno4p... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours.\n• Grayscale CEO Barry Silbert madethe announcementvia tweet late Thursday evening, shortly after his company postedan updateto its digital asset portfolio.\n• “Added a cool $300 million in assets under management in one day,” Silbert said. The additional sum brings the total held under management to $7.3 billion.\n• The move comes at a time when the hype surroundingPayPal's forayinto the crypto markets has drawn additional attention from big-name investors includingPaul Tudor Jones II.\n• Last week the digital asset manager announced itsbest quarterly results to date, having brought in just over $1 billion in investment across all of its cryptocurrency products.\n• Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group, of which Silbert is a founder.\nSee also:Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day\n• Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day", "Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours. Grayscale CEO Barry Silbert made the announcement via tweet late Thursday evening, shortly after his company posted an update to its digital asset portfolio. \x93Added a cool $300 million in assets under management in one day,\x94 Silbert said. The additional sum brings the total held under management to $7.3 billion. The move comes at a time when the hype surrounding PayPal's foray into the crypto markets has drawn additional attention from big-name investors including Paul Tudor Jones II . Last week the digital asset manager announced its best quarterly results to date , having brought in just over $1 billion in investment across all of its cryptocurrency products. Grayscale is owned by CoinDesk\x92s parent firm, Digital Currency Group, of which Silbert is a founder. See also: Grayscale Tells SEC Its Bitcoin Trust Rose $1.6B Over Six Months Related Stories Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day Grayscale Added $300M in Digital Assets to Its Portfolio During the Last Day", "PayPal Holdings Inc (NASDAQ: PYPL ) is in talks with digital asset custodian BitGo for an acquisition deal, according to Bloomberg . What Happened : A deal could be reached within weeks but discussions\xa0are\xa0still in the early stages, people familiar with the matter told Bloomberg.\xa0PayPal might consider other potential targets if the negotiations fall apart. BitGo, a California-based digital assets custodian, offers multi-signature wallet services.\xa0Multiple signatures generated from unique private keys are needed for routing transactions through such wallets. The terms of the deal are unknown. BitGo was last valued at $170 million in a 2018 funding round, according to Pitchbook data reported by Bloomberg. Why Does It Matter : Earlier this week, PayPal announced it is adding digital assets like Bitcoin, Bitcoin Cash, Ether, and Litecoin to its online payments platform — allowing users to buy, sell, and hold cryptocurrencies. PayPal plans to streamline cryptocurrencies as a funding source at its merchant partners sometime in 2021. Presently,\xa0the online payments solution provider only allows the self-custody of cryptocurrencies and does not permit users to transfer them to other PayPal accounts. PayPal’s new launch drew mixed reactions from the blockchain and digital assets community. Price Action : PayPal shares closed 4.29% lower at $203.93 on Thursday, and inched slightly higher in the after-hours session. See more from Benzinga Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas Key Highlights from Unilever's Q3 Earnings Amazon Invests 0M To Fuel Mexico Expansion © 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments", "PayPal Holdings Inc(NASDAQ:PYPL) is in talks with digital asset custodian BitGo for an acquisition deal, according toBloomberg.\nWhat Happened: A deal could be reached within weeks but discussions\xa0are\xa0still in the early stages, people familiar with the matter told Bloomberg.\xa0PayPal might consider other potential targets if the negotiations fall apart.\nBitGo, a California-based digital assets custodian, offers multi-signature wallet services.\xa0Multiple signatures generated from unique private keys are needed for routing transactions through such wallets.\nThe terms of the deal are unknown. BitGo was last valued at $170 million in a 2018 funding round, according to Pitchbook data reported by Bloomberg.\nWhy Does It Matter: Earlier this week, PayPal announcedit is addingdigital assets like Bitcoin, Bitcoin Cash, Ether, and Litecoin to its online payments platform — allowing users to buy, sell, and hold cryptocurrencies.\nPayPal plans to streamline cryptocurrencies as a funding source at its merchant partners sometime in 2021. Presently,\xa0the online payments solution provider only allows the self-custody of cryptocurrencies and does not permit users to transfer them to other PayPal accounts.\nPayPal’s new launch drew mixed reactions from the blockchain and digital assets community.\nPrice Action: PayPal shares closed 4.29% lower at $203.93 on Thursday, and inched slightly higher in the after-hours session.\nSee more from Benzinga\n• Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas\n• Key Highlights from Unilever's Q3 Earnings\n• Amazon Invests 0M To Fuel Mexico Expansion\n© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.", 'Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.\nPayPal is planning to launch its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. The move by the online payments company marked a significant milestone on the path to mainstream adoption of cryptocurrencies such as bitcoin. The reception by bitcoin investors was mostly positive as prices rose 5% on the news.\nThe efficiency, speed and resilience of cryptocurrencies give people financial inclusion and access advantages, said PayPal President and CEO Dan Schulman, who described the eventual shift from physical to digital currencies as ‘inevitable.’\nOur global reach, digital payments expertise, two-sided network, and rigorous security and compliance controls provide us with the opportunity, and the responsibility, to help facilitate the understanding, redemption and interoperability of these new instruments of exchange,” Schulman said in a statement.\nCointelegraph.com wrote, “While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefit beyond the immediate price movement.”\nAccording to an October 21 blog post from Satoshi Labs, the team behind the crypto hardware wallet Trezor, PayPal’s push to start selling Bitcoin (BTC), is ‘probably not because they want to spur healthy adoption.” Their arguments are similar to ones made by many crypto holders against storing digital assets on exchanges, i.e. “not your keys, not your coins.”\n“If millions of newcomers are on boarded to Bitcoin by PayPal, there could be a very serious information gap that jeopardizes their experience and undermines key principles of cryptocurrency,” stated the blog post by SatoshiLabs. “No one should consider money held entirely by a third party as owned by them. Time after time, exchanges have lost user funds, often leaving them with no recourse.”\n“Long-term, if PayPal proceeds without consulting the community and letting their users control their own keys, it offers no value to the space. The greatest risk is that the clout they carry in traditional electronic payments will be interpreted as expertise in crypto. This would threaten the expert advice so carefully crafted by our community, which could be drowned out by the misinformed masses that PayPal brings to the space.”\nThe news may be good for PayPal shareholders because jumping into the cryptocurrency business will open up another income stream, which should lead to greater profits. However, buyers of Bitcoin who place their holdings on the PayPal platform have to be aware of the risks of exchange-held coins. Once again, it becomes a case of buyer-beware.\nFor a look at all of today’s economic events, check out oureconomic calendar.\nThisarticlewas originally posted on FX Empire\n• US Economy’s Rocky Recovery Needs Fiscal Stimulus Jolt\n• Price of Gold Fundamental Daily Forecast – Traders Continue to Pin Hopes on Stimulus Deal Before Election\n• U.S Politics, Private Sector PMIs, and COVID-19 to Keep the Markets Busy\n• Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 23rd, 2020\n• The Crypto Daily – Movers and Shakers – October 23rd, 2020\n• European Equities: Private Sector PMIs, COVID-19, and U.S Politics in Focus', 'Bitcoin prices surged earlier in the week after PayPal jumped into the cryptocurrency business, but not everyone in the crypto industry is thrilled with the news.\nPayPal is planning to launch its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications. The move by the online payments company marked a significant milestone on the path to mainstream Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $239,148,971,606 - Hash Rate: 130223558.30472532 - Transaction Count: 323869.0 - Unique Addresses: 712518.0 Social & AI Sentiment: - Fear & Greed Index: 0.74 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, NY / ACCESSWIRE / September 11, 2020 / ALT 5 Sigma Inc. an emerging leader in blockchain powered financial platforms provides its daily digital instruments market summary for Bitcoin (BTC/USD), Ether (ETH/USD), Litecoin (LTC/USD). Real-Time Market Data is available at www.alt5pro.com and Real-Time Market Data feed is also available at www.alt5sigma.com ALT 5 Sigma Digital Instrument Market Summary for BTC, ETH, LTC, BCH About ALT 5 Sigma Inc. ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5's products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5's digital asset custodian services are secured by GardaWorld. GardaWorld is the world's largest privately-owned business solutions and security services company, offering cash management services. For more information, visit www.alt5sigma.com . Contact: Andre Beauchesne Tel. 1-800-204-6203 [email protected] For more information on ALT 5 Pay, visit www.alt5pay.com For more information on ALT 5 Pro, visit www.alt5pro.com SOURCE: ALT 5 Sigma Inc. View source version on accesswire.com: https://www.accesswire.com/605814/ALT-5-Sigma-Digital-Instrument-Market-Summary-for-BTC-ETH-LTC-BCH... - Reddit Posts (Sample): [['u/im-just-your-bae', 'Is it a good investment if I don’t have enough buy 1 BTC?', 11, '2020-10-23 00:14', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/', 'Hello,\n\nWould i see good returns on a 2k USD investment or (20% of a BTC) or is that simply too little of an investment to even think of and maybe putting it into ETH would make more sense? \n\nI am a young investor and fairly new to crypto, please don’t shit on me', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/', 'jg9xsq', [['u/strangedude59', 39, '2020-10-23 00:34', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/g9p62lp/', "Look. A 10% increase on any investment is a 10% increase. It doesn't matter if you invest 20 cents or $20,000. You only want to buy things you think will increase in value. If you think Bitcoin will increase in value, invest in it.", 'jg9xsq'], ['u/Raverrevolution', 11, '2020-10-23 00:36', 'https://www.reddit.com/r/Bitcoin/comments/jg9xsq/is_it_a_good_investment_if_i_dont_have_enough_buy/g9p6aad/', "Let me put some perspective in it for you.\n\nIn 2009 Bitcoin was worth $0, if you had bought 100 Bitcoin for $1 each you would have $1,315,000 now.\n\nThis is world changing technology. This isn't some company stock. For Bitcoin to fail and die is nearly impossible right now. On top of it you're here before 90%+ of the general public.\n\nBitcoin will most likely end up becoming the global reserve currency at some point. So this investment is more of a long term thing. 2k in it now is more than enough, but don't expect it to moon tomorrow.", 'jg9xsq']]], ['u/TR5_', 'Ethereum is on track to have a higher annual transaction volume than Bitcoin for the first time.', 156, '2020-10-23 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/', "2020 will be the first year Ethereum will have more transactions than Bitcoin.\nThe huge development of DeFi in the Crypto space is undoubtedly a huge factor contributing to this.\n\nhttps://ibb.co/BjTvTKp\n\nCould we see Ethereum overtake Bitcoin as the 'top' crypto in the future?", 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/', 'jgbcvv', [['u/[deleted]', 18, '2020-10-23 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9pf748/', 'I believe Ethereum will definitely dethrone BTC one day.', 'jgbcvv'], ['u/cryptolicious501', 38, '2020-10-23 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9pm3te/', 'Wait till EIP 1559 is implemented making it more deflationary that BTC...\n\nThe flippening is real.', 'jgbcvv'], ['u/GreyTooFast', 12, '2020-10-23 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9po2lp/', 'As long as the network doesnt get too congested and they can actually release 2.0, then the flippening will occur.', 'jgbcvv'], ['u/Ruzhyo04', 27, '2020-10-23 07:23', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9qd6ke/', 'Imagine not being able to make any kind of real changes at all.', 'jgbcvv'], ['u/da_dreamerr', 12, '2020-10-23 10:23', 'https://www.reddit.com/r/CryptoCurrency/comments/jgbcvv/ethereum_is_on_track_to_have_a_higher_annual/g9qo5tx/', "Ethereum always bring bulls back, in 2017 also those ico's on ethereum platform brought bulls now Defi on ethereum network is doing same", 'jgbcvv']]], ['u/keto-guy03', 'Avoid the Paypal trap!', 272, '2020-10-23 02:44', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/', 'On paypal, you are not buying bitcoin, you are simply buying a promise. It only exists as an entry on an excel spreadsheet, with no guarantee it is backed by actual bitcoin. The point of bitcoin is to be able to hold your own money, and exert financial sovereignety. If you wish to truly own bitcoin, buy them from an exchange (coinbase, kraken, bitstamp, for example), and keep them there until you learn how to store them in an offline wallet (such as a hardware wallet or a paper wallet). \n \nTrust me, you will not regret this after a few years. History is in the making, and you can secure your future by taking back control of what is rightfully yours. \n \nYours truly, \nA random bitcoiner.', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/', 'jgcj9q', [['u/ApplesAreTheNewPears', 45, '2020-10-23 04:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9pynfn/', 'For the most of society that still thinks running an .exe file sent from a sketchy email is acceptable, PayPal offers exactly what they want. They get the ups and downs of Bitcoin without the risk of being hacked. PayPal has reliable fraud and hack protection, which most exchanges don’t. PayPal logins are much easier to use than crypto wallets, and you don’t need to verify that the updates are legit (as recently happened with Electrum). So for the masses, PayPal is just fine.', 'jgcj9q'], ['u/TKozzer', 12, '2020-10-23 04:50', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9pz0ar/', "I'm trying to get my parents interested in crypto and they aren't very tech savvy. Paypal is perfect for them and millions of others who are similar to my parents.", 'jgcj9q'], ['u/drm604', 11, '2020-10-23 13:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/jgcj9q/avoid_the_paypal_trap/g9qzzbl/', "Can you imagine PayPal's customer service nightmare if they allowed transferring BTC? They're catering to the masses, most of whom will be clueless concerning wallets and keys, etc.\n\nThey'd be constantly handling calls from frantic clueless people who accidentally moved their BTC to a nonexistent wallet. How do they explain that the money is gone into the void forever? You and I understand. The typical PayPal user would be calling their lawyers.", 'jgcj9q']]], ['u/Panda_Procrastinator', "Consider advocating for Cash App (especially if you're a bitcoin maximalist)", 67, '2020-10-23 04:38', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/', "The reasoning is this:\n\n1. Jack Dorsey, the owner of cash app is a bitcoin maximalist, and I genuinely believe that he acts with bitcoin's best interests at heart.\n2. Cash app only allows for buying and selling of bitcoin (and not altcoins)\n\nThe problem with other exchanges is that they don't act with bitcoin's best interest at heart. They allow altcoins to pay to be put on their exchanges, even low quality ones. This siphon funds from bitcoin and when they are exposed as scams and crashed, smears Bitcoin's reputation.\n\nSo why help these exchanges that don't act with our best interests at heart? We are providing them with fees and perhaps more importantly, liquidity, which is key to many large investors when choosing an exchange.\n\nConsider advocate for cash app if you're bitcoin maximalist!", 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/', 'jgee86', [['u/AmazingSuperPupils', 29, '2020-10-23 05:52', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9q5qeu/', "I don't give a fuck about twitter or how much bitcoiners love to bitch about its censorship, cashapp is an app my friends and family already have on their phone and getting them to talk about bitcoin is so much easier now. \n\nLet these turds complain in the comments. Whatever. The future is happening regardless.", 'jgee86'], ['u/uniaintshit', 11, '2020-10-23 06:57', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9qbbe1/', 'This is the reason I invested in Square Capital, indirect investment in Bitcoin and adoption to complement my direct investment in BTC', 'jgee86'], ['u/nerviosus', 12, '2020-10-23 10:05', 'https://www.reddit.com/r/Bitcoin/comments/jgee86/consider_advocating_for_cash_app_especially_if/g9qn6di/', 'But cash app is only available for the US right?', 'jgee86']]], ['u/AutoModerator', '[Daily Discussion] Friday, October 23, 2020', 47, '2020-10-23 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/', "Thread topics include, but are not limited to:\n\n* General discussion related to the day's events\n* Technical analysis, trading ideas & strategies\n* Quick questions that do not warrant a separate post\n\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\nOther ways to interact:\n\n* [Get an invite](https://join.slack.com/t/reddit-bitcoinmarkets/shared_invite/enQtNjM1NTg3ODgwODUzLTQ2NjZjYjYxMWExZmZmMWY0MDNlN2JlM2RhZmM0NWY1YzY1MDlkOTMyNWFjNTZjYTg1ZDM2YmEwMWRkZjIwYjM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)\n* Set your flair to trade pretend money in [the Flair Game](https://coinsight.org/flairgame)\n* Weekly threads: [Newbie Mondays](http://www.reddit.com/r/BitcoinMarkets/search?q=newbie+monday&sort=new&restrict_sr=on&t=all) and [Fundamentals Fridays](http://www.reddit.com/r/BitcoinMarkets/search?q=fundamentals+friday&sort=new&restrict_sr=on&t=all)\n* Altcoins Discussion: [Altcoin Discussion](http://www.reddit.com/r/BitcoinMarkets/search?q=altcoin+discussion&sort=new&restrict_sr=on&t=all)", 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/', 'jgfrn0', [['u/artistmattem', 12, '2020-10-23 06:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/jgfrn0/daily_discussion_friday_october_23_2020/g9q7z77/', 'Consolidation ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, fell by 0.40% on Friday. Partially reversing a 1.38% gain from Thursday, Bitcoin ended the day at $12,930.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $13,032.0 before hitting reverse. Falling short of the first major resistance level at $13,214, Bitcoin fell to a late afternoon intraday low $12,738.0. Finding support at the first major support level at $12,736, Bitcoin revisited $12,970 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC (+0.75%), Chainlink (+1.63%), Crypto.com Coin (+0.82%), Litecoin (+1.87%), and Polkadot (+0.12%) found support, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors. Bitcoin Cash SV (-2.19%) and Cardano’s ADA (-2.31%) led the way down. Ethereum (-1.23%) and Ripple’s XRP (-0.92%) saw relatively modest losses on the day. In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $387.31bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.82%. This Morning At the time of writing, Bitcoin was down by 0.11% to $12,921.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,933.0 before falling to a low $12,882.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day for the broader market. Crypto.com Coin (+2.23%), and Polkadot (+0.13%) found support to buck the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.03% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $12,900 to bring the first major resistance level at $13,062 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $13,032.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,200 before any pullback. The second major resistance level sits at $13,194. Failure to avoid a fall back through the $12,900 pivot would bring the first major support level at $12,768 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$12,700 levels. The second major support level sits at $12,606. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 23/10/20 Crude Oil Weekly Price Forecast – Crude Oil Continues Range Bound E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020 USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Natural Gas Price Forecast – Continues Explosive Move Higher', 'Bitcoin, BTC to USD, fell by 0.40% on Friday. Partially reversing a 1.38% gain from Thursday, Bitcoin ended the day at $12,930.0. It was a mixed start to the day. Bitcoin rose to a late morning intraday high $13,032.0 before hitting reverse. Falling short of the first major resistance level at $13,214, Bitcoin fell to a late afternoon intraday low $12,738.0. Finding support at the first major support level at $12,736, Bitcoin revisited $12,970 levels before easing back. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Friday. Bitcoin Cash ABC (+0.75%), Chainlink (+1.63%), Crypto.com Coin (+0.82%), Litecoin (+1.87%), and Polkadot (+0.12%) found support, while Binance Coin ended the day flat. It was a bearish day for the rest of the majors. Bitcoin Cash SV (-2.19%) and Cardano’s ADA (-2.31%) led the way down. Ethereum (-1.23%) and Ripple’s XRP (-0.92%) saw relatively modest losses on the day. In the current week, the crypto total fell to a Tuesday low $347.77bn before surging to a Thursday high $397.58bn. At the time of writing, the total market cap stood at $387.31bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.82%. This Morning At the time of writing, Bitcoin was down by 0.11% to $12,921.0. A mixed start to the day saw Bitcoin rise to an early morning high $12,933.0 before falling to a low $12,882.0. Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was also a mixed start to the day for the broader market. Crypto.com Coin (+2.23%), and Polkadot (+0.13%) found support to buck the trend early on. It was a bearish start for the rest of the majors, however. Story continues At the time of writing, Chainlink was down by 1.03% to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall back through the pivot level at $12,900 to bring the first major resistance level at $13,062 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Friday’s high $13,032.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,200 before any pullback. The second major resistance level sits at $13,194. Failure to avoid a fall back through the $12,900 pivot would bring the first major support level at $12,768 into play. Barring an extended crypto sell-off, Bitcoin should steer clear of sub-$12,700 levels. The second major support level sits at $12,606. This article was originally posted on FX Empire More From FXEMPIRE: European Equities: A Week in Review – 23/10/20 Crude Oil Weekly Price Forecast – Crude Oil Continues Range Bound E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 24th, 2020 USD/JPY Weekly Price Forecast – US Dollar Continues to Struggle Natural Gas Price Forecast – Continues Explosive Move Higher', "Wefinex The exponential growth of a fixed-time trading platform by integrating blockchain technology The exponential growth of a fixed-time trading platform by integrating blockchain technology PORT VILA, VANUATU, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Wefinex, the innovative trading platform is all set to attract more traders by introducing a simpler and better way to trade and earn. The Wefinex platform provides the financial instruments that enable traders to profit by forecasting the right price action of popular cryptocurrency pairs. If the forecast is correct, the trader gets a big profit from their initial trade amount. Starting from the first quarter of 2020, Wefinex’s userbase has grown exponentially with monthly visitors grow to over 1 million from over 25 countries. According to Alexa, Wefinex has reached the top 3000 websites in global internet traffic and engagement with visitors come from all over the world, especially Brazil, Russia, Ukraine, and Vietnam. Wefinex positions their platform as one of the most transparent and highly secured exchanges. To maintain their transparency to all users, Wefinex has established Bitcoin Prices Indices. This Indices is calculated using a wide variety of data sources from other reputable exchanges in the industry and published for trading in real-time. Moreover, the platform utilizes top-tier data and asset protection technology in order to protect their customers' assets. To ensure that customers are happy with the platform, Wefinex team constantly upgrades and releases new features such as Quick deposit, Copy trading, Challenges,... The team is also constantly developing new highly sophisticated trading tools and indicators to improve traders’ ability to earn profits. Combined with its state-of-the-art, high-performance order matching engine technology, the platform is fully prepared to serve tens of millions of customers worldwide. At the center of their innovation is the Wefinex Affiliate program that provides their partners with two sustainable types of commissions: Agency Commission and Trading Commission. This new approach will strengthen the relationship between agencies and traders, helping each other to earn more together. Story continues Apart from the attractive Affiliate program, traders on Wefinex can participate in many activities that help them earn more based on their trading skills and trading volume. With Daily Lucky Draw, 3 lucky winners will be chosen to receive an iPhone worth $1000 every day. More than that, there will be Weekly challenges that have rewarded winning Traders more than $300,000 and Monthly challenges that have rewarded winning Agencies more than $100,000. The biggest price in the Challenges for a trader is $25,000 and for an agency is $12,000. Wefinex’s ultimate mission is to offer the most convenient, secure, and innovative trading solution in the world. The team is committed to creating an open and decentralized financial system that offers investors from every corner of the world access to global financial markets using cryptocurrency and other innovative financial products. By deeply integrated into the new digital economy utilizing blockchain technology and other revolutionary technologies, Wefinex will empower traders with competitive technology advantages that help them maximize their profits with minimal efforts Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $239,148,971,606 - Hash Rate: 151099090.55204767 - Transaction Count: 306774.0 - Unique Addresses: 657714.0 Social & AI Sentiment: - Fear & Greed Index: 0.73 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated byMessari. • The bellwether cryptocurrency’s previous record 62-day streak above $10,000 lasted from Dec. 1, 2017, through Jan. 31, 2018, when bitcoin reached its all-time high of just above $19,900 on Coinbase after soaring nearly 100% in 2 weeks. • Bitcoin’s latest prolonged period above the major five-digit mark, however, has been relatively quiet, mostly staying in a fairly small range between $10,000 and $12,500. • According toCoin Metrics, 180-day returns volatility for the leading cryptocurrency has plummeted 41% so far in September. • Bitcoin Sets Record 63 Straight Days Closing Above $10,000 • Bitcoin Sets Record 63 Straight Days Closing Above $10,000 • Bitcoin Sets Record 63 Straight Days Closing Above $10,000 • Bitcoin Sets Record 63 Straight Days Closing Above $10,000... - Reddit Posts (Sample): [['u/Jonah7154', 'Thoughts on this move?', 12, '2020-10-24 01:04', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/', 'I’m currently really young (16), and I have huge conviction in bitcoin to the point where I have 50% of my asset value allocated to it (it’s still a very small amount of capital, in the 4 figures). However, I’ve been thinking about just going all in (meaning make it 100%) because my conviction for bitcoin is higher than any other asset. \n\nIs this dumb because I don’t have any diversification? I’m strongly considering doing this so any insight would be greatly appreciated.', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/', 'jgxxo1', [['u/TheGreatMuffin', 14, '2020-10-24 01:11', 'https://www.reddit.com/r/Bitcoin/comments/jgxxo1/thoughts_on_this_move/g9td42n/', '> Is this dumb because I don’t have any diversification? \n\nThis isn\'t a yes or no question.* Decisions like that depend on many variables, f.ex: do you have any incoming cash flows? Do you have short-term financial goals (or otherwise goals requiring money)? Do you have any debt? Are psychologically and financially ok to lose any money you\'ve invested into bitcoin? Are you familiar with proper bitcoin storage? Why do you want to buy bitcoin in the first place? And a few dozens more similar questions. \n\nNow, when I was 16 I certainly wouldn\'t be able to answer such questions in depth (nor should you really answer such types of questions to strangers on the internet), but hopefully you\'ll understand that none of us here are qualified to give you an answer on your initial question. Also, don\'t be in hurry to make financial decisions based purely on recent price moves. It\'s all good, you\'ll have plenty of opportunities to make those decisions. Relax and take your time. \n\n\\* although the likelihood of the answer being "yes" is higher than "no", if you\'d really press on for a binary reply (and "diversification" means uncorrelated assets, not altcoins. But it can also imply skills, education etc).', 'jgxxo1']]], ['u/[deleted]', 'I’m scared about China', 11, '2020-10-24 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/', 'China was just testing digital yuan and it wasn’t a success but if it wants people to implement it won’t it go after bitcoin and 700k per hour for 51% attack can be done by China, so can someone put me to ease please', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/', 'jgzdlz', [['u/GSEDAN', 10, '2020-10-24 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9tv7wt/', 'Not particularly in love with China myself, but what an ignorant statement. If you want to say something about people not having a brain, you may want to at least try and spell correctly. LOL', 'jgzdlz'], ['u/TibbersCrypto', 10, '2020-10-24 03:22', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9tyxqv/', "A single 51% attack will forever taint Bitcoin even if its for an hour. The store of value narrative is all Bitcoin has left. I don't see a bright future for it if China does a 51% attack, especially with hundreds of more efficient cryptocurrencies waiting to fill its shoes. I dont know what the best course of action against this is but I'm not keeping all my eggs in 1 basket.", 'jgzdlz'], ['u/ZeusFinder', 11, '2020-10-24 04:34', 'https://www.reddit.com/r/CryptoCurrency/comments/jgzdlz/im_scared_about_china/g9u9pq7/', 'If an attack happens we could simply restart the system from the last position that was trusted on the block. Satoshi said this himself.', 'jgzdlz']]], ['u/zenethics', 'In 2021, there are some things that will fundamentally change', 50, '2020-10-24 04:19', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/', "1. People who presumed this was going to go away will have to come to terms with the fact that it isn't.\n\n2. Very rich people will have to wrestle with knowing that they may be running out of time where they can afford a whole Bitcoin. \n\n3. Lamborghini will have to have to come out with an air tight / tracked model of their car so \nthat we can drive it on the moon from citadel to citadel.", 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/', 'jh0y7u', [['u/YUGEdickxx', 24, '2020-10-24 05:10', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9uenkn/', 'warrent buffet will buy bitcoin at 2021. At 25k bitcoin will have almost the same market cap that apple did when he waived the white flag and bought his first tech company. Like him alot more bilionaires will come\n\nyou can save this and thank me later', 'jh0y7u'], ['u/zenethics', 17, '2020-10-24 05:20', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9ug2bu/', 'I think 25k will be a 2 week long kind of thing on the way to 50k that doesn\'t give him time to get into the market at that price. People with these "100k in 3 years" kind of predictions make me laugh. No, once we hit 20k, we\'re like 6 or 7 months away from 100k. \n\n\nSource: in 2017 when we made a new ATH at 1300, we doubled to 2600 in a month. And now there are even more people paying attention and a few orders of magnitude more money on the sidelines.', 'jh0y7u'], ['u/zenethics', 10, '2020-10-24 06:07', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9ulbla/', 'Three things:\n\n1. Anyone sure of what prices will do is trying to sell you something. Don\'t buy it.\n\n\n2. Last time we peaked it was after a fork, a hash war, confusion about "the real Bitcoin" (which is now settled), confusion about the payment network / reserve asset definition, and confusion about whether this was a tulip mania or a new permanent fixture in the world (also now settled, its the second thing).\n\n\n3. Prices in crypto tend to play out in fractals, or at least have so far. Now, when this thing makes a new ATH, we\'ll have an entire world looking at it as a kind of game of musical chairs, and they\'ll be forced to realize that the music just stopped and there\'s only 21 million seats. If we go to 100k in the next 18 months that\'s a no brainer. It won\'t start to feel toppy to me until we see 250k or more (maybe as high as 2M). The opposite side of this equation is that, some people will have bought at 100k and some people will have bought at 100 and at some point the price will be so high that some people will be obligated to sell and diversify because it has become such a big part of their net worth that it is a personal risk to them to have so much in one asset (even an asset as pristine as Bitcoin).', 'jh0y7u'], ['u/zenethics', 33, '2020-10-24 06:28', 'https://www.reddit.com/r/Bitcoin/comments/jh0y7u/in_2021_there_are_some_things_that_will/g9unyrr/', 'As another clarification, Bitcoin isn\'t a kind of stock, it\'s a new category of money. In your life, you\'ll see 500 thousand new stocks. You\'ll never see a new category of money (it\'s a rarer than once in a lifetime kind of event - in the last 4000 years, this is #4 - precious metals, notes backed by precious metals, notes not backed by precious metals, bitcoin). Stocks represent ownership in a company. Money is half of every transaction. "Not in the same ballpark" doesn\'t do it justice. They aren\'t in the same universe.', 'jh0y7u']]], ['u/crayola110', 'How safe is Blockfi', 14, '2020-10-24 05:14', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/', 'Is Blockfi still Safu? Seems unsustainable the 10% on stable coins and 6%btc return?\n\nAre they insured and safe from bankruptcy or have pretty good backup plans if cryptos dump really low?', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/', 'jh1q5y', [['u/au_bits', 12, '2020-10-24 05:36', 'https://www.reddit.com/r/blockfi/comments/jh1q5y/how_safe_is_blockfi/g9ui6yb/', "Don't put all your eggs in one basket. Blockfi use a method of [rehypothecation](https://www.investopedia.com/terms/r/rehypothecation.asp) that, if done judiciously, should return the original investor (you) a profit.\n\nWe're all in the same boat if crypto's dump then it'll be worth less than goat shit. So no insurance for that. However they're custodied by Gemini. Which is for all intents and purposes the Fort Knox of the bitcoin world", 'jh1q5y']]], ['u/megability', 'So I’m trying to onboard my 16yo cousin from a distance... but the Bitcoin.com wallet is not making it as easy as I think we need', 25, '2020-10-24 05:46', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/', 'Ok so I set up a wallet for my cousin, funded it with a little BCH, wrote down the 12 word seed, and then helped him import that to the Bitcoin.com app to get his wallet, easy right?\n\nNo\n\nThe first thing he tells me is the app wanted his iCloud account to log in, so he gave it... ugh... that should be later, and an option, not the FIRST dang step...\n\nThen he sends me a screenshot of the main screen, it lists “My BCH Wallet” in green, and “My Bitcoin Wallet” in orange below... again arg, why can’t it be “BitcoinCash” at least!?!?\n\nOf course he says “ok I see Bitcoin, but what’s BCH?”\n\nThen I tell him to open the orange Bitcoin wallet, then the 3 dots at top right, then delete the wallet - which can’t be done apparently - WHY!?!?\n\nI know Bitcoin.com doesn’t want to be TOO UNFAIR to BTC but geez, they should really make the initial experience a little bit better for newbies... and BCH', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/', 'jh26j5', [['u/ThomasZander', 16, '2020-10-24 10:21', 'https://www.reddit.com/r/btc/comments/jh26j5/so_im_trying_to_onboard_my_16yo_cousin_from_a/g9vkn1m/', 'I\'ve been saddened that the bitcoin,com wallet has gotten worse... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus', 'Bitcoin, BTC to USD, rose by 1.52% on Saturday. Reversing a 0.40% fall from Friday, Bitcoin ended the day at $13,127.0. It was another mixed start to the day. Bitcoin fell to an early morning intraday low $12,882.0 before making a move. Steering clear of the first major support level at $12,768, Bitcoin rose to a mid-afternoon intraday high $13,178.0. Bitcoin broke through the first major resistance level at $13,062 before falling back to $13,050 levels. Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $13,100 levels. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Saturday. Binance Coin (-0.10%) and Cardano’s ADA (-0.17%), saw red to buck the trend on the day. It was a bullish day for the rest of the majors, with Bitcoin Cash SV (+3.03%), Chainlink (+4.39%), and Litecoin (+6.94%) leading the way. Bitcoin Cash ABC (+2.18%), Crypto.com Coin (+0.69%) Ethereum (+0.74%), Polkadot (+0.61%), and Ripple’s XRP (+0.54%) saw relatively modest gains on the day. In the current week, the crypto total fell to a Tuesday low $347.73bn before surging to a Thursday high $397.6bn. At the time of writing, the total market cap stood at $392.73bn. Bitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.81%. This Morning At the time of writing, Bitcoin was down by 0.21% to $13,099.0. A bearish start to the day saw Bitcoin fall from an early morning high $13,128.0 to a low $13,099.0 Bitcoin left the major support and resistance levels untested early on. Elsewhere, it was a mixed start to the day, with Bitcoin Cash SV up by 1.64% to buck the trend early on. Story continues It was a bearish start to the day for the rest of the majors, however. At the time of writing, Crypto.com Coin and Litecoin were down by 2.13% and by 2.11% respectively to lead the way down. For the Bitcoin Day Ahead Bitcoin would need to avoid a fall through the pivot level at $13,062 to bring the first major resistance level at $13,243 into play. Support from the broader market would be needed, however, for Bitcoin to break out from Saturday’s high $13,178.0. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,358. Failure to avoid a fall through the $13,062 pivot would bring the first major support level at $12,947 into play. Barring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,766. This article was originally posted on FX Empire More From FXEMPIRE: U.S Mortgage Rates Fall to Yet another All-time Low Silver Weekly Price Forecast – Silver Markets Form Bears Candle E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Basing Inside Key Retracement Zone E-mini S&P 500 Index (ES) Futures Technical Analysis – Strengthens Over 3471.75, Weakens Under 3431.75 Gold Weekly Price Forecast – Gold Markets Form Bearish Weekly Candle The Week Ahead – Brexit, U.S Politics, COVID-19, and a Busy Economic Calendar in Focus', 'Bitcoinclosed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency.\n• Bitcoin had last closed above $13,000 on Jan. 15, 2018, six weeks after bitcoin closed above $13,000 for the first time on its way to an all-time high of $19,892, according to Coinbase market data.\n• Through late June and early July in 2019, bitcoin briefly traded above $13,000, revisiting that price level on Wednesday through Friday, but still failing to close above it.\n• This week,newsthat PayPal is allowing its customers to buy and sell certain cryptocurrencies, along with recent investments in bitcoin by Square and MicroStrategy, has given the leading cryptocurrency a strong tailwind. Just yesterday, JPMorgan analystswrotethat bitcoin has “considerable upside potential.”\n• Bloomberg Intelligence set $13,000 as a breakout price target for bitcoin in a Julyreportthat called the leading cryptocurrency a “caged bull”.\n• Year to date, bitcoin has gained 82%.\n• Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, who authored the report, told CoinDesk in an email he was impressed by how bitcoin broke above $10,000 in late July and turned that level into support when it was revisited from the upside in early September.\n• As for the future, bitcoin’s “fundamental and technical indicators remain positive,” McGlone said.\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News\n• Bitcoin Price Closes Above $13K for First Time Since January 2018, Driven by a Flurry of Good News', 'Bitcoinclosed above $13,000 Saturday for the first time in over two and a half years following a week of positive news for the leading cryptocurrency.\n• Bitcoin had last closed above $13,000 on Jan. 15, 2018, six weeks after bitcoin closed above $13,000 for the first time on its way to an all-time high of $19,892, according to Coinbase market data.\n• Through late June and early July in 2019, bitcoin briefly traded above $13,000, revisiting that price level on Wednesday through Friday, but still failing to close above it.\n• This week,newsthat PayPal is allowing its customers to buy and sell certain cryptocurrencies, along with recent investments in bitcoin by Square and MicroStrategy, has given the leading cryptocurrency a strong tailwind. Just yesterday, JPMorgan analystswrotethat bitcoin has “considerable upside potential.”\n• Bloomberg Intelligence set $13,000 as a breakout price target for bitcoin in a Julyreportthat called the leading cryptocurrency a “caged bull”.\n• Year to date, bitcoin has gained 82%.\n• Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, who authored the report, told CoinDesk in an email he was impressed by how bitcoin broke above $10,000 in late July and turned that le Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $239,148,971,606 - Hash Rate: 116306536.8065104 - Transaction Count: 242273.0 - Unique Addresses: 547380.0 Social & AI Sentiment: - Fear & Greed Index: 0.76 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin was able to hit $10,800 Tuesday before falling on U.S. Pres. Donald Trump’s stimulus tweet. Meanwhile, the DeFi ecosystem’s most popular wallet hit 1 million users. • Bitcoin(BTC) trading around $10,555 as of 20:00 UTC (4 p.m. ET). Slipping 1.6% over the previous 24 hours. • Bitcoin’s 24-hour range: $10,528-$10,800 • BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin’s price was able to climb to $10,800 on spot exchanges such as Coinbase Tuesday before falling to as low as $10,528 immediately afterPresident Trump tweetedhis rejection of opposition lawmakers’ most recent economic stimulus proposal. “One thing that is still hanging over this market is the stimulus,” said Andrew Tu, an executive at quant trading firm Efficient Frontier. “It may take until after the elections for them to reach an agreement, which would be really bad for a lot of Americans relying on government aid.” Related:Bitcoin Correlations Depend on What Phase It Is In Katie Stockton, an analyst at Fairlead Strategies, says bitcoin has been above the key $10,000 price point for some time, which she considers bullish. “Bitcoin has been consolidating within its uptrend since discovering support near $10,000 a month ago,” Stockton said. The last time bitcoin traded below $10,000 was on Sept. 9. Daniel Koehler, liquidity manager at cryptocurrency exchange OKCoin, says the aftermath of the BitMEX news still has him optimistic. Read More:BitMEX Ether Futures Trading Contracts Fall by Half in Wake of US Charges “It’s bullish to see that bitcoin trading infrastructure is so strong given that the former largest bitcoin derivatives trading platform can lose 25% of [its] BTC open interest deposits overnight and the markets just shrug it off.” Koehler also noted that open interest in the bitcoin futures market overall is ticking up, hitting $3.8 billion on Monday. Related:New Non-Custodial Crypto Exchange 'Brings Bitfinex Liquidity to EOS' One of the reasons for resilience may be bitcoin’s potential store-of-value properties, says Henrik Kugelberg, an over-the-counter trader based in Sweden, who is bullish bitcoin but bearish almost everything else. “To me there’s no doubt we will see a housing crash, a stock crash and quite possibly tough deflation in the near future,” he said. To accomplish this, Kugelberg says U.S. debt, which is already over 100% gross domestic product, will have to increase in order to stave off a traditional market crash. ”Those things will drive the need to increase the debt at the same pace for another year or maybe more,” Kugelberg added. “To me it seems like a point where turning to bitcoin is a good idea.” Ether(ETH), the second-largest cryptocurrency by market capitalization, was down Tuesday, trading around $341 and slipping 3% in 24 hours as of 20:00 UTC (4:00 p.m. ET). The MetaMask wallet, a browser extension that allows users to interact with the Ethereum network and its multitude of smart contract-based decentralized finance, or DeFi, applications, has hit 1 million users. It’s a fourfold increase for the wallet since 2019, with the United States, India, Nigeria and the Philippines as the top countries with highest MetaMask usage,according to its software developer, Consensys. Chasing juicy returns in the DeFi space, which can often provide double- or triple-digit returns for lending crypto, is one of the reasons for MetaMask’s growth, said John Willock, CEO of Tritium Digital Assets, a crypto liquidity provider. “I think we can all recognize that a lot of the adoption of MetaMask is through the recent DeFi craze and interest in short-term returns that have been perceived to be out there to chase.” Read More:MetaMask Gets Into the Decentralized Exchange Aggregation Business However, that speculation is bringing real adoption, Willock added. “I look at the MetaMask numbers as the same sort of early adoption indicator the uptake of Netscape browser use was in the 1990s. It is exciting.” Digital assets on theCoinDesk 20are mostly lower Tuesday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • eos(EOS) + 7.1% • bitcoin cash(BCH) + 0.61% • litecoin(LTC) + 0.27% Notable losers as of 20:00 UTC (4:00 p.m. ET): • orchid(OXT) – 9.9% • chainlink(LINK) – 6.7% • zcash(ZEC) – 6.5% Read More:Europol Names Privacy Wallets, Coins, Open Marketplaces as ‘Top Threats’ Equities: • Asia’s Nikkei 225 ended the day climbing 0.52% asconglomerate Softbank Group’s stock jumped 2.4% Tuesday to help lead the index higher. • The FTSE 100 closed flat, in the green 0.12% asinvestors weighed the increase in coronavirus cases in Europe. • In the United States the S&P 500 dropped 1.4% asPres. Trump called off stimulus negotiations, which resulted in a sharp downturn in stocks. Commodities: • Oil was up 2%. Price per barrel of West Texas Intermediate crude: $40.17. • Gold was in the red 1.3% and at $1,888 as of press time. Treasurys: • U.S. Treasury bond yields fell Tuesday. Yields, which move in the opposite direction as price, were down most on the 10-year, dipping to 0.747 and in the red 4.8%. • Bitcoin Trump-Dumps to $10,500; MetaMask Hits 1 Million Users • Bitcoin Trump-Dumps to $10,500; MetaMask Hits 1 Million Users... - Reddit Posts (Sample): [['u/takeoveritsyours', "Let's see how long a BTC transaction with low fees REALLY takes.", 44, '2020-10-25 00:05', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/', 'This isn\'t meant to trash Bitcoin, or the main bitcoin sub. I own and use both BTC and BCH - and I sort of think the two can coexist. BUT you\'ll pretty frequently read over there that transactions with fees as low as 1sat/byte are completely workable ON THE MAIN CHAIN. The argument is that BCH DOESNT actually have lower fees, because cheap BTC transactions will confirm just fine. (eventually). \n\nI wanted to play around with exactly how to define "eventually," so I built a small transaction in electrum. I\'ll link it below. You\'ll note lock time was 654079. As i write this post, we are currently on block 654159. I think it will be interesting to see what the height is when the transaction is actually confirmed. Any guesses?\n\nEdit: Confirmed in block 654222! It took apprx 140 blocks for a transaction to confirm with extremely low fees (in a fairly crowded environment). It worked out to be almost exactly 24 hrs. \n\n&#x200B;\n\nLink to transaction: [https://blockstream.info/tx/a956de7e0a5cc9fa77ed332cebbe91ee39435f8112b86efcb9809e7eddc2eb7e](https://blockstream.info/tx/a956de7e0a5cc9fa77ed332cebbe91ee39435f8112b86efcb9809e7eddc2eb7e)', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/', 'jhhr29', [['u/Phptower', 16, '2020-10-25 01:20', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9ywc1i/', 'Thanks. Good idea and post. I think it takes 3 days.', 'jhhr29'], ['u/playfulexistence', 23, '2020-10-25 01:31', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9yy6cd/', 'You can see from this chart that if you had sent a BTC transaction four days ago with a 1 sat/byte fee, it still would not have confirmed today.\n\n[https://jochen-hoenicke.de/queue/#0,1w](https://jochen-hoenicke.de/queue/#0,1w)', 'jhhr29'], ['u/Kay0r', 19, '2020-10-25 02:44', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9za5an/', "If by 'most' you mean the last 3 years then you're correct. \nUnfortunately for you, BTC is 11 years old.", 'jhhr29'], ['u/1MightBeAPenguin', 19, '2020-10-25 02:47', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zalqu/', 'the "fee-market" on BTC is artificially imposed. This was never the intended plan of action.', 'jhhr29'], ['u/Kay0r', 23, '2020-10-25 02:54', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zbq4p/', "Nope. Late 2016. \nYou're full of shit, trying to mislead on a FUCKING PUBLIC LEDGER.", 'jhhr29'], ['u/SoulMechanic', 10, '2020-10-25 02:06', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zdnqj/', "This lie doesn't work here.", 'jhhr29'], ['u/redditornym', 16, '2020-10-25 02:09', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9ze2yr/', "Neat idea for a test, but now that you've published the information, anyone could pay a transaction accelerator to make it happen sooner than it would otherwise. So now it's an observation can affect the outcome situation you've created.", 'jhhr29'], ['u/SoulMechanic', 11, '2020-10-25 02:23', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zgdj5/', "It's a top 5 coin since it's inception for a reason.\n\nI think you should find better things to do with your Saturday.", 'jhhr29'], ['u/1MightBeAPenguin', 17, '2020-10-25 04:10', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zx7j6/', "You're straw-manning me. I'm not arguing that Bitcoins should be sent for free over the internet, but the entire point was for the system to be as frictionless as possible. The frictionless and cash properties of BTC were there for the majority of its history.", 'jhhr29'], ['u/phillipsjk', 11, '2020-10-25 04:20', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/g9zywl8/', "If blocks averaged 8MB, 4 times BTC's capacity, [fees would still be low](https://cointelegraph.com/news/bitcoin-cash-stress-test-results-21-million-transactions-cause-no-surge-in-fees).", 'jhhr29'], ['u/phillipsjk', 11, '2020-10-25 05:22', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga08lnt/', 'I literally linked to [a write-up of] the September 1, 2018 "stress test" [from a BTC maximalist publication] that showed it to be true empirically.', 'jhhr29'], ['u/nolo_me', 16, '2020-10-25 07:49', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga0rfol/', 'It\'s the perfect time to test it, because "it works sometimes" is not good enough.', 'jhhr29'], ['u/mjh808', 12, '2020-10-25 08:10', 'https://www.reddit.com/r/btc/comments/jhhr29/lets_see_how_long_a_btc_transaction_with_low_fees/ga0u6ff/', 'You could send transactions without a fee at all in 2013.', 'jhhr29']]], ['u/alwaysSearching23', 'Is BlockFi legit?', 37, '2020-10-25 00:37', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/', 'Has anyone used blockfi? It seems to good to be true of giving 8.6% on bitcoin investing', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/', 'jhiafp', [['u/Brettanomyces78', 18, '2020-10-25 00:47', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9yqvos/', "The 8.6% is on certain stablecoins. Bitcoin is somewhere around 6%, less if over 2.5 BTC.\n\nGemini does their custody, so that's good. Beyond that, I'm not too sure. They seem to be one of the most secure within the field of lenders, but they're still lending out your Bitcoin. It's not without risk.\n\nEdit: corrected % rate thanks to poster below finding my error.", 'jhiafp'], ['u/[deleted]', 22, '2020-10-25 01:42', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9yzxur/', 'Not your keys, not your coins. I always worry about spontaneous KYC requirements when I think about giving my coins to someone else.', 'jhiafp'], ['u/Lobotomies4Sale', 13, '2020-10-25 02:13', 'https://www.reddit.com/r/Bitcoin/comments/jhiafp/is_blockfi_legit/g9z58wy/', "There isn't a chance in hell that your coins are sitting in vaults at Gemini if you're getting paid interest on them. They're being lent out to....? \n\nNot your keys, not your bitcoin", 'jhiafp']]], ['u/chickenfisted', 'Where to store less than $1k in BTC?', 18, '2020-10-25 00:42', 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/', "I have convinced a friend to buy some bitcoin, they used shakepay as the onramp.\n\nWhere is the best place for them to store it? I've read paper wallets are no longer the thing. It's not realistic for them to buy a ledger for the amount that they're holding.\n\nAny suggestions? Much appreciated", 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/', 'jhida5', [['u/brianddk', 12, '2020-10-25 02:40', 'https://www.reddit.com/r/Bitcoin/comments/jhida5/where_to_store_less_than_1k_in_btc/g9zj1fa/', 'The levels of security from worst to best. $1k may be a lot to some people:\n\n1. Keep it on an exchange without 2FA (worst)\n2. Keep it on an exchange with SMS 2FA\n3. Keep it on an exchange with Google Auth 2FA\n4. Keep it on an exchange with HW-2FA\n5. Keep it on your Windows laptop / desktop\n6. Keep it on your Linux laptop / desktop\n7. Keep it on your iPhone\n8. Keep it on your Android\n9. Keep it in a paper wallet\n1. Keep it on an air-gapped machine\n1. Keep it in a multisig wallet split between laptop, desktop, android\n1. Keep it on a HW wallet\n1. Keep it on a multisig wallet split between two HW wallets (best)', 'jhida5']]], ['u/CIassik', 'How much BTC does the average member here probably have?', 22, '2020-10-25 02:57', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/', 'I joined a few weeks ago and when I hear how personally invested and how much people praise BTC I usually assume these people have several bitcoins at least (3-5+), then I get a little jealous for not being involved sooner. How many BTC do you think the average member here has?', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/', 'jhkgyb', [['u/losloppie', 48, '2020-10-25 02:59', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zchux/', 'Definitely not 3-5', 'jhkgyb'], ['u/Garebear8585', 24, '2020-10-25 02:00', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zcp8q/', 'Tree fiddy', 'jhkgyb'], ['u/radioshackhead', 78, '2020-10-25 02:04', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zd9tr/', 'honestly i would say between 0.01 and 0.1', 'jhkgyb'], ['u/guitarjunky64', 32, '2020-10-25 02:09', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9ze5m6/', "Most probably 0.1 or less... most people cant afford a $1,000 emergency. Dont forget we just got hit with a world wide pandemic. \n\nAnd most people have more debt than they do savings. \n\nAnd remember if you own ANY bitcoin, you're already ahead of the game", 'jhkgyb'], ['u/Scynful', 24, '2020-10-25 02:12', 'https://www.reddit.com/r/Bitcoin/comments/jhkgyb/how_much_btc_does_the_average_member_here/g9zenb6/', "I think the way we use the term 'stacking sats' more than 'stacking Bitcoins/Bits' should be a pretty good indicator of our scale.", 'jhkgyb'], ['u/blankjoke', 47, '2020-10-25 02:21', 'https://www.reddit.com/r/Bitcoin/comments/jh... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Virgil Griffith’s lawyer has filed a motion to dismiss the U.S. government’schargesthat the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference.\nThemotion, filed by attorney Brian Klein, claims the government’s late-2019 indictment of Griffith doesn’t “specify any alleged overt facts” and contains no actual allegation of fact.\nGriffith was arrested last November on charges he violated the International Emergency Economic Powers Act (IEEPA) and executive orders by going to North Korea and speaking during a crypto conference, where he allegedly taught government officials how to use the technology to bypass economic sanctions.\nRelated:OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules\nIt’s the first sanctions case in a U.S. court involving cryptocurrency, and as such is likely to be closely watched. The results could hold a precedent for other cases the government might bring under the law, as the U.S. continues adding individuals and entities to its sanctions lists.\nRead more:USA v. Virgil Griffith: What We Know (and Don’t) in the Bombshell Crypto Sanctions Case\nKlein’s motion to dismiss claims the President of the United States does not have the authority to prohibit the transmission of information, and that the Office of Foreign Assets Control (OFAC), the Treasury Department division overseeing sanctions enforcement, has “issued no regulations and published no guidance to clarify the definition of ‘services'” that are otherwise prohibited under executive orders.\n“It appears that the government’s theory is that, by attending and speaking at a blockchain conference in Pyongyang, Mr. Griffith provided ‘services’ because he ‘provided the DPRK with valuable information on blockchain and cryptocurrency technologies, and participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,'” the motion said.\nRelated:Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining\nAccording to Klein, Griffith only provided information that was already in the public domain.\nThe next step in the case is likely a government response to Klein’s motion.\n• Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea\n• Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea", "Virgil Griffith\x92s lawyer has filed a motion to dismiss the U.S. government\x92s charges that the Ethereum developer violated sanctions law by speaking at a North Korean cryptocurrency conference. The motion , filed by attorney Brian Klein, claims the government\x92s late-2019 indictment of Griffith doesn\x92t \x93specify any alleged overt facts\x94 and contains no actual allegation of fact. Griffith was arrested last November on charges he violated the International Emergency Economic Powers Act (IEEPA) and executive orders by going to North Korea and speaking during a crypto conference, where he allegedly taught government officials how to use the technology to bypass economic sanctions. Related: OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules It\x92s the first sanctions case in a U.S. court involving cryptocurrency, and as such is likely to be closely watched. The results could hold a precedent for other cases the government might bring under the law, as the U.S. continues adding individuals and entities to its sanctions lists. Read more: USA v. Virgil Griffith: What We Know (and Don\x92t) in the Bombshell Crypto Sanctions Case Klein\x92s motion to dismiss claims the President of the United States does not have the authority to prohibit the transmission of information, and that the Office of Foreign Assets Control (OFAC), the Treasury Department division overseeing sanctions enforcement, has \x93issued no regulations and published no guidance to clarify the definition of \x91services'\x94 that are otherwise prohibited under executive orders. \x93It appears that the government\x92s theory is that, by attending and speaking at a blockchain conference in Pyongyang, Mr. Griffith provided \x91services\x92 because he \x91provided the DPRK with valuable information on blockchain and cryptocurrency technologies, and participated in discussions regarding using cryptocurrency technologies to evade sanctions and launder money,'\x94 the motion said. Related: Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining According to Klein, Griffith only provided information that was already in the public domain. The next step in the case is likely a government response to Klein\x92s motion. Related Stories Ethereum Dev Virgil Griffith\x92s Attorney Files Motion to Dismiss Charges of Aiding North Korea Ethereum Dev Virgil Griffith\x92s Attorney Files Motion to Dismiss Charges of Aiding North Korea View comments", 'Bitcoin, BTC to USD, fell by 0.69% on Sunday. Partially reversing a 1.52% gain from Saturday, Bitcoin ended the week up by 13.20% to $13,037.\nIt was another mixed start to the day. Bitcoin rose to an early morning intraday high $13,358.0 before hitting reverse.\nBreaking through the first major resistance level at $13,243, Bitcoin came up against the second major resistance level at $13,358.\nThe reversal saw Bitcoin slide through the first major support level at $12,945 to a mid-morning intraday low $12,850.0\nFinding support through the rest of the day, Bitcoin recovered to $13,000 levels to limit the loss on the day.\nThe near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.\nAcross the rest of the majors, it was a mixed day on Sunday.\nBitcoin Cash SV rallied by 8.16%, with Polkadot rising by 0.30% to buck the trend on the day.\nIt was a bearish end to the week for the rest of the majors.\nChainlink and Crypto.com Coin slid by 4.29% and by 4.63% respectively to lead the way down.\nBinance Coin (-1.60%), Bitcoin Cash ABC (-1.50%), Cardano’s ADA (-1.39%), Ethereum (-1.48%), and Ripple’s XRP (-1.20%) also struggled.\nLitecoin (-0.62%) saw a relatively modest loss on the day.\nFor the week ending 25thOctober, it was also a mixed bag.\nLitecoin surged by 23.73% to lead the way.\nBitcoin Cash ABC (+9.32%), Bitcoin Cash SV (+13.38%), Chainlink (+11.07%), Ethereum (+7.37%), and Ripple’s XRP (+4.52%) also found strong support.\nIt was a bearish week for the rest of the pack, however.\nCrypto.com Coin tumbled by 18.53% to lead the way down.\nBinance Coin (-1.73%), Cardano’s ADA (-1.00%), and Polkadot (-6.72%) also struggled in the week.\nIn the week, the crypto total fell to a Tuesday low $347.73bn before surging to a Sunday high $403.12bn. At the time of writing, the total market cap stood at $391.33bn.\nBitcoin’s dominance fell to a Wednesday low 57.52% before rising to a Thursday high 62.46%. At the time of writing, Bitcoin’s dominance stood at 61.73%.\nAt the time of writing, Bitcoin was up by 0.12% to $13,053.0. A mixed start to the day saw Bitcoin fall to an early morning low $12,990.0 before rising to a high $13,055.0.\nBitcoin left the major support and resistance levels untested early on.\nElsewhere, it was a mixed start to the day.\nRipple’s XRP was up by 2.19% to lead the way.\nBinance Coin (+0.15%), Cardano’s ADA (+0.64%), Chainlink (+0.56%), Ethereum (+0.36%), Litecoin (+0.29%), and Polkadot (+0.44%) also found early support.\nIt was a bearish start to the day for the rest of the majors, however.\nBitcoin Cash SV (-1.18%) and Crypto.com Coin (-2.02%) struggled early on.\nBitcoin would need to move through the pivot level at $13,082 to bring the first major resistance level at $13,313 into play.\nSupport from the broader market would be needed, however, for Bitcoin to break back through to $13,300 levels.\nBarring an extended crypto rally, the first major resistance level would likely cap any upside.\nIn the event of another crypto breakout, Bitcoin could test resistance at $13,500 before any pullback. The second major resistance level sits at $13,590.\nFailure to move through the $13,082 pivot would bring the first major support level at $12,805 into play.\nBarring an extended crypto sell-off, Bitcoin should steer well clear of sub-$12,800 levels. The second major support level sits at $12,574.\nThisarticlewas originally posted on FX Empire\n• Grainger Stock Forecast Raised to $401 at Morgan Stanley; $449 in Best Case Scenario\n• The Crypto Daily – Movers and Shakers – October 26th, 2020\n• U.S Mortgage Rates Fall to Yet another All-time Low\n• European Equities: Futures Point South, with Brexit, COVID-19, and U.S Politics in Focus\n• USD/JPY Fundamental Weekly Forecast – Investors Responding to Attractive Japanese Yields\n• AUD/USD and NZD/USD Fundamental Weekly Forecast – Stimulus May Take Backseat to US Presidential Election', 'Bitcoin, BTC to USD, fell by 0.69% on Sunday. Partially reversing a 1.52% gain from Saturday, Bitcoin ended the week up by 13.20% to $13,037. It was another mixed start to the day. Bitcoin rose to an early morning intraday high $13,358.0 before hitting reverse. Breaking through the first major resistance level at $13,243, Bitcoin came up against the second major resistance level at $13,358. The reversal saw Bitcoin slide through the first major support level at $12,945 to a mid-morning intraday low $12,850.0 Finding support through the rest of the day, Bitcoin recovered to $13,000 levels to limit the loss on the day. The near-term bullish trend remained intact, supported by the latest move through to $13,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend. The Rest of the Pack Across the rest of the majors, it was a mixed day on Sunday. Bitcoin Cash SV rallied by 8.16%, with Polkadot rising by 0.30% to buck the trend on the day. It was Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $241,012,544,656 - Hash Rate: 109348026.05740292 - Transaction Count: 252494.0 - Unique Addresses: 579939.0 Social & AI Sentiment: - Fear & Greed Index: 0.75 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Welcome to Opinionated, a new podcast featuring CoinDesks leading columnists and contributors. For free, early access to Opinionated, subscribe to CoinDesk Reports with Apple Podcasts , Spotify , Stitcher , CastBox or direct RSS for your favorite podcast player . Im your host, Ben Schiller, CoinDesks opinion editor. Related: Why Bitcoin's Longest Run Above $10,000 Matters On this weeks show, were joined by Nic Carter, cofounder of Coin Metrics and partner at Castle Island Ventures. Nic discusses this years $20 billion surge in USD-backed stablecoins (what he calls crypto-dollars) and the potentially enormous implications of an offshore dollarization system based on blockchain. Fiat-backed stablecoins are not what Satoshi intended, Carter says, but their preposterous growth this year is the the most important phenomenon in the industry. It not only tells us about the maturation of the crypto financial infrastructure. It also tells us a lot about current geopolitics, too, he says. Related: Crypto Is Too Dependent on Dollars Nic has written two op-eds for CoinDesk about crypto-dollars: Policymakers Shouldnt Fear Digital Money: So Far Its Maintaining the Dollars Status (from February) and The Crypto-Dollar Surge and the American Opportunity (this month). U.S. policymakers fear losing power as dollar-flows increasingly shift to stablecoins. Central bankers may have less ability to set interest rates. And the corresponding banking infrastructure, based largely in New York, will process fewer transactions as people move into assets like tether and USDC instead. Nonetheless, Carter says the U.S. should embrace this new form of money technology. One, its mostly, for now, a U.S. industry, and overwhelming pegged to dollars. More dollars in circulation, while not necessarily good for American workers, is good for the dollars reserve currency status. Story continues Two, blockchains are inherently neutral equal opportunity databases that dont exclude people and represent financial freedom. That ought to accord with American values. And third, if the U.S. doesnt sanction stablecoin transactions, some other country or company will, inviting in the threat of surveillance and a loss of power anyway. The U.S. should consider embracing a neutral alternative to the highly politicized New York corresponding banking system before its too late and whole tranches of its allies defect to a Chinese or a Russian system, Carter says. Nic had a lot more to say about stablecoins, the future of money and great power rivalry. Check it out here, and please subscribe to CoinDesks new podcast feed. For free, early access to Opinionated, subscribe to CoinDesk Reports with Apple Podcasts , Spotify , Stitcher , CastBox or direct RSS for your favorite podcast player . Related Stories The Biggest Story in Crypto: The Stablecoin Surge and Power Politics The Biggest Story in Crypto: The Stablecoin Surge and Power Politics... - Reddit Posts (Sample): [['u/[deleted]', 'Bitcoin', 38, '2020-10-26 01:26', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/', 'I have been hearing a phrase about bitcoin and it is "not your keys, not your coins", my question is if you buy bitcoin thru and third party to store them, how do you store them yourself and how do you keep your own keys, people seem to repeat that sentence quite often but they do not a lot of explanations. Does any of you have any sources where I can find answers?', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/', 'ji4lry', [['u/andreasma', 79, '2020-10-26 02:38', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4iwwk/', 'As the person who "coined" the phrase "not your keys, not your bitcoin", allow me to explain the implications:\n\nBitcoin stored by someone else is not under your control. Due to the nature of cryptocurrency, this represents a high risk. Taking control of your coins by controlling the keys has its own risks of course, mostly risk related to inexperience and "operator error". Unlike third party custody risks, however, you can overcome the risks of storing your own bitcoin by acquiring knowledge and practical skills. \n\nIf you are technical enough, you should try and store your bitcoin on your own wallet, preferably a hardware wallet. If you are not yet technical enough to do that, you should consider buying a hardware wallet and practicing with small amounts, backing up, erasing it, recovering, etc. until you feel confident you can do it.', 'ji4lry'], ['u/beowulfpt', 22, '2020-10-26 02:48', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4jz3p/', 'Nice. Not everyday you get a reply by Andreas himself. Good advice.\n\n\nExtra tip from a pleb to the OP /u/Auslanderr30, buy a Coldcard, so you won\'t end up storing shitcoin keys in it and getting lost in "DeFi" nonsense.\n\nBTC vs time wasting. Don\'t waste time. Time is the most valuable human resource.', 'ji4lry'], ['u/FACILITATOR44', 16, '2020-10-26 02:52', 'https://www.reddit.com/r/Bitcoin/comments/ji4lry/bitcoin/ga4kf1u/', "Nice to see you out here in the wild 👍\n\nThanks for all you've done for crypto", 'ji4lry']]], ['u/da_engineer22', 'Bitcoin is gaining recognition', 101, '2020-10-26 01:42', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/', 'Someone in r/financialindependence made a post asking about bitcoin in their portfolio. The responses were mostly flooded with people saying bitcoin is a scam and will go away. Here and there people saying they have a small % in btc. I got in a back and forth with one guy that clearly has never looked into bitcoin at all just spewing inaccurate lies. \n\nFeast your eyes on the average person who claims to be financially literate (WE ARE STILL EARLY): https://www.reddit.com/r/financialindependence/comments/jhxtsr/does_bitcoin_have_a_legit_place_in_ones_portfolio/ga2x3xg/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/', 'ji4v0p', [['u/JJMabuhay', 14, '2020-10-26 01:45', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4dg4b/', "lol was there. Gave a legitimate answer and some rando just came at me.\n\n&#x200B;\n\nedit: I do agree with your point - it's still early.", 'ji4v0p'], ['u/da_engineer22', 13, '2020-10-26 01:47', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4dlzb/', 'It’s crazy that these people consider themselves financially literate', 'ji4v0p'], ['u/[deleted]', 22, '2020-10-26 02:02', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4f4xw/', 'Went there to hand out knowledge. Got throttled. Have to wait before I can post a single reply.', 'ji4v0p'], ['u/da_engineer22', 30, '2020-10-26 02:04', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4fdsu/', 'Yeah good luck. That sub is full of people that consider having their money in an S&P index a high risk investment', 'ji4v0p'], ['u/DaPurpleBishop', 29, '2020-10-26 02:08', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4fqh4/', 'It’s because they don’t understand it. Since they can’t understand it, then it’s bad and a scam. I’ve read a couple books by rich Wall Street guys and all of them have said Bitcoin is a scam. \n\nEveryone I’ve talked to says that Bitcoin is a scam because it’s all made up and there is nothing preventing the value from skyrocketing or dropping. To which I ask.... what do they think stocks are? Haha', 'ji4v0p'], ['u/TheAnalogKoala', 16, '2020-10-26 02:20', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4gyzg/', 'I don’t want to get into it too much and be downvoted to oblivion by the moonboy brigade but Bitcoin is very different from a stock. Stocks signify actual ownership of something physical.\n\nEdit: ok guys I give up. You have convinced me that Bitcoin is exactly like a stock. Thanks! Just waiting on those sweet bitcoin dividends.', 'ji4v0p'], ['u/NevilleLongbottomBTC', 14, '2020-10-26 02:40', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4j4wj/', "It signifies what, a piece of paper somewhere? Can you trustessly prove you own it without verification from a third party? Can you transfer ownership of it without the help of a third party? Is it resistant to govt seizure? Is it private?\n\n\n A stock signifies nothing but a promise from someone. you don't own shit.", 'ji4v0p'], ['u/hashuan', 36, '2020-10-26 02:49', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4k2xq/', 'The best part is knowing they’re all over there saying “lol those bitcoin guys just don’t get it.”', 'ji4v0p'], ['u/weeedtaco', 95, '2020-10-26 03:08', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4m4mx/', 'I’m glad they’re missing the boat tbh', 'ji4v0p'], ['u/ExisDiff', 19, '2020-10-26 03:39', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4p5kf/', "What always strikes me in those nocoiner and shitcoin conversations is the prominence of the energy inefficiency argument and the total lack of understanding of proof of work.\n\nTo me, it shows that these finance professionals don't even understand why gold is valuable and then of course they have no clue of [how bitcoin is leveraged off the gold concept](https://imgur.com/a/CGbz8dT).\n\nGold is valuable because there is absolutely no doubt as to whether there was a cheap way to acquire; eg it is expensive to mine and it is irreversible (until Newton's gold standard, [they still thought gold could be created](https://en.wikipedia.org/wiki/Philosopher%27s_stone)). Gold mining seems wildly wasteful, but it is the only way for people to have reassurance that they own something that is and remains valuable and hence its historic valuation.\n\nWithout an understanding of bitcoin's Proof of Work and why a miner should 'work hard' and prove its work to mine a bitcoin, one will always fall for the 'shitcoin PoS trap', fraught with centralisation and forgeability issues.", 'ji4v0p'], ['u/Reach_Beyond', 16, '2020-10-26 03:44', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga4pofj/', 'r/financialindependence was my top subreddit for a long time, and I have one of the top comments on that thread. Even as soon as a year ago any mention of BTC would have you downvoted to hell. That sub represents the white collar workers of US and EU, most pull in 100-300k a year. The fact that a discussion is happening more is a huge step!\n\nIt’s when those mid/upper mid class workers starting investing we’ll see BTC boom.', 'ji4v0p'], ['u/tob23ler', 16, '2020-10-26 08:06', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga59sp2/', "Ya. That particular post had 119 upvotes. They're so happy in their eco-chamber together. \n\nIt's fun to read, i find.", 'ji4v0p'], ['u/SpockSays', 12, '2020-10-26 08:37', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga5bie8/', 'I don\'t disagree.. but honestly, most countries (especially USA) will need to update their tax laws if regular people are ever going to spend their bitcoin for "normal everyday commerce".\n\nI don\'t want to activate a capital gains event every single time I buy a coffee or some groceries.\n\nI can happily use my fiat for that, continue to accumulate/save in bitcoin, and make planned decisions with my bitcoin when I strategically want to, to best navigate the pitfalls of the tax code.', 'ji4v0p'], ['u/Bitcoin_puzzler', 13, '2020-10-26 11:38', 'https://www.reddit.com/r/Bitcoin/comments/ji4v0p/bitcoin_is_gaining_recognition/ga5l06g/', 'Power consumption is one of the biggest plusses in bitcoin ;)\n\nLets go for total power consumption and we will finally disrupt the power space too.', 'ji4v0p']]], ['u/UnusualSayings24-7', 'I feel redundant', 31, '2020-10-26 02:02', 'https://www.reddit.com/r/Bitcoin/comments/ji56ni/i_feel_redundant/', 'Folks, at the old age I am I feel like I have lost my grip with technology.\n\nIn my teens and early twenties I knew all about gadgets the latest craze etc....\n\nEvery time I read about bitcoin even when it was being talked about on the good old bodybuilding.com forums I couldn’t make heads or tails of it.\n\nAs I’m getting older I have begun to think more about retirement, god willing I see that old age. In about 12 years if I leave early or 22 if my investments don’t pay off.\n\nI pay into an ok private pension. I have paid into regular 10 year saving plans with the first to mature in three years with about £3k every year thereafter.\n\nMy question is this and please forgive for sounding outdated and left behind. I want to invest in bitcoin for the long term. I have no desire to make payments... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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’s(BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets.\n• Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day.\n• That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis.\n• Bitcoin’s on-chain data, too, is showing no signs of investor trepidation.\n• The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday.\n• Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data sourceGlassnode.\n• So the bullish mood continues for bitcoin, even though the global stock marketssuffered lossesand Wall Street’s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday.\n• The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off.\n• Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally.\n• In effect, we appear to be seeing a weakening of thepositive correlationbetween bitcoin and the S&P 500 seen since the March crash.\n• “The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp.\n• The cryptocurrency is likely to stay strong in the coming weeks, he added.\n• Bitcoin’s options market is also retaining bullish bias.\n• The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls – bullish bets – drawing higher prices (or demand) than puts – bearish bets.\n• The cryptocurrency suffered a minor drop to $12,700 during Monday’s U.S. trading hours only to chart a quick recovery to levels above $13,000.\n• “The next resistance to take out is $13,800 (June 2019 high).\n• “If bitcoin breaks below $12,700, we will take action and decrease our exposure further,” Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat.\n• Disclosure:The author holds small positions in bitcoin andlitecoin.\nAlso read:Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', 'Bitcoin\x92s (BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets. Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day. That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis. Bitcoin\x92s on-chain data, too, is showing no signs of investor trepidation. The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday. Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data source Glassnode . So the bullish mood continues for bitcoin, even though the global stock markets suffered losses and Wall Street\x92s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday. The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off. Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally. In effect, we appear to be seeing a weakening of the positive correlation between bitcoin and the S&P 500 seen since the March crash. \x93The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,\x94 Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp. The cryptocurrency is likely to stay strong in the coming weeks, he added. Bitcoin\x92s options market is also retaining bullish bias. The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls \x96 bullish bets \x96 drawing higher prices (or demand) than puts \x96 bearish bets. The cryptocurrency suffered a minor drop to $12,700 during Monday\x92s U.S. trading hours only to chart a quick recovery to levels above $13,000. \x93The next resistance to take out is $13,800 (June 2019 high). \x93If bitcoin breaks below $12,700, we will take action and decrease our exposure further,\x94 Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat. Disclosure: The author holds small positions in bitcoin and litecoin . Story continues Also read: Number of Bitcoin \x91Whale\x92 Addresses at Highest Since Autumn 2016 Related Stories Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', 'Bitcoin’s(BTC) price continues to rise even as coronavirus-induced instability rocks the stock markets.\n• Bitcoin is trading near $13,420 at time of writing, a 2.77% gain on the day.\n• That marks a fresh 16-month high for the cryptocurrency, which is now up 25% for the month and 87% on a year-to-date basis.\n• Bitcoin’s on-chain data, too, is showing no signs of investor trepidation.\n• The number of daily deposits to cryptocurrency exchanges fell to a nine-month low of 26,889 on Monday.\n• Further, the total number of bitcoins held on exchanges slipped to a two-year low of 2,478,799 BTC, according to data sourceGlassnode.\n• So the bullish mood continues for bitcoin, even though the global stock marketssuffered lossesand Wall Street’s benchmark equity index, the S&P 500, fell nearly by 2% on coronavirus concerns Monday.\n• The decline in exchange deposits suggests investors are unperturbed by the risk aversion in traditional markets and see low odds of bitcoin suffering an equity market-induced sell-off.\n• Investors typically move coins from their wallets to exchanges to liquidate holdings when expecting a price slide, and take direct custody of their assets when the cryptocurrency is expected to rally.\n• In effect, we appear to be seeing a weakening of thepositive correlationbetween bitcoin and the S&P 500 seen since the March crash.\n• “The decline in transfers to exchanges despite risk-off in equity markets is a bullish sign,” Matthew Dibb, co-founder, and COO of Stack Funds, told CoinDesk over WhatsApp.\n• The cryptocurrency is likely to stay strong in the coming weeks, he added.\n• Bitcoin’s options market is also retaining bullish bias.\n• The one-, three- and six-month put-call skews, which measure the cost of puts relative to calls, continue to hover below zero, a sign of calls – bullish bets – drawing higher prices (or demand) than puts – bearish bets.\n• The cryptocurrency suffered a minor drop to $12,700 during Monday’s U.S. trading hours only to chart a quick recovery to levels above $13,000.\n• “The next resistance to take out is $13,800 (June 2019 high).\n• “If bitcoin breaks below $12,700, we will take action and decrease our exposure further,” Patrick Heusser, a senior cryptocurrency trader at Zurich-based Crypto Broker AG told CoinDesk in a Twitter chat.\n• Disclosure:The author holds small positions in bitcoin andlitecoin.\nAlso read:Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks\n• Bitcoin Hits 16-Month High Despite Sell-Off in Global Stocks', "Learn about Aspire and how to buy and sell ASP and GASP on Bitcoin.com Exchange during an AMA on Tuesday, October 27 LAS VEGAS, Oct. 27, 2020 (GLOBE NEWSWIRE) -- ( via Blockchain Wire ) - Aspire Technology , developer of digital asset creation technologies, today announced a Telegram AMA hosted with Bitcoin.com Exchange. The Telegram AMA will take place Tuesday, October 27 at 11 am PST / 2 pm EST / 6 pm GMT on the Bitcoin.com Exchange Telegram Channel . Participants will learn how Aspire makes it easy to create your own digital assets, and have all their questions answered about buying and selling Aspire (ASP) and Aspire Gas (GASP) on Bitcoin.com. The Aspire platform, which consists of the Aspire (ASP) digital asset creation platform and Aspire Gas (GASP) blockchain, is the first digital asset creation platform to be free of double spending, resisting both mining exploits and 51 percent attacks that are common to proof-of-work blockchains. ASP and GASP were both recently listed on Bitcoin.com Exchange. Both tokens were created under the leadership of core developer Jim Blasko, a proof-of-work innovator since 2012. Blasko and Co-Founder Michael Terpin will both field questions during Tuesday’s AMA. Aspire was designed and built by remodeling legacy Counterparty software and replacing Bitcoin's blockchain with their own Proof Of Work blockchain known as “gAsp.” This was done to allow for greater security and to be able to run on the lowest possible transaction fees. Aspire is the most cost-effective platform in the world to build digital assets on, as users are able to perform over 300k transactions of their assets with just 1 GASP coin. Digital assets have been a key part of the growth of the blockchain, including the rapid growth of digital collectibles. All are welcome to j Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2020-10-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $241,012,544,656 - Hash Rate: 98413223.45166264 - Transaction Count: 251938.0 - Unique Addresses: 600338.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin is trending upward and volume on decentralized exchange Uniswap is soaring to an astounding new high. • Bitcoin(BTC) trading around $11,724 as of 20:00 UTC (4 p.m. ET). Gaining 0.61% over the previous 24 hours. • Bitcoin’s 24-hour range: $11,575-$11,784 • BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Read More:Huobi and OKEx Battle for Supremacy in China Bitcoin jumped as high as $11,784 on spot exchanges like Coinbase on Monday. Adding fuel to the fire was the derivatives market; short sellers were liquidated on BitMEX during bitcoin’s rise Monday. In one hour, $6.6 million in buy positions were automatically triggered, the crypto equivalent of a margin call for traders going short. Related:Decentralized Exchange Volume Rose 160% in August to $11.6B, Setting Third Straight Record The Federal Reserve’s decision to let inflation run while keeping interest rates low is helping boost crypto, Darius Sit, managing partner of QCP Capital, told CoinDesk. “The market was looking to thePowell speechto see if there’d be any hawkish indications – clear plans to end liquidity injection and cheap money,” Sit said. “There was no sign of hawkishness so the party has resumed.”Sit noted the continued decline of the U.S. Dollar Index, which measures the greenback versus a basket of global currencies. The index continues to drop, down 0.12% Monday and hitting fresh lows for 2020. Crypto stakeholders are watching the equities market. Rather than a hedge, some still consider bitcoin a “risk-off” asset whereby traders will unload BTC if the broader stock market dumps. Read More:US Stocks Closing on Bigger August Gain Than Bitcoin Related:First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated “The S&P has been up almost 8% in the month of August so it will be interesting to see what bitcoin does when the market pulls back,” said Michael Rabkin, head of institutional sales at crypto liquidity provider DV Chain. “With bitcoin still being a fairly newer asset, there is a risk that it can sell off when the market does,“ he said. Read More:Someone Lost $16M in Bitcoin by Using a Malicious Install of Electrum Wallet Traders continue to have a plethora of opportunities in the crypto market, and decentralized finance, or DeFi, continues to captivate many, said John Willock, CEO of digital asset liquidity firm Tritum. “The big run over the weekend was highly concentrated in DeFI assets built on top of the Ethereum network, such as YFI and COMP,” Willock said. “This looks like a perfect storm of high optimism for these protocols and recent innovations introduced that are proving they have long-term value.” Ether(ETH), the second-largest cryptocurrency by market capitalization, was up Monday, trading around $437 and climbing 3% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Read More:DeFi Is a ‘Complete Scam,’ Says Controversial Entrepreneur Craig Wright The daily volume of decentralized exchange Uniswap hit $560 million Sunday. Uniswap’s daily trading volume is surpassing centralized exchanges such as Coinbase, which had $433 million the past 24 hours. Uniswap has over $10 billion total volume traded, according to Dune Analytics. “I think there is no denying that DeFi is a thing,” said George Clayton, managing partner at Cryptanalysis Capital. “Traders are spending over $400,000 per day in gas fees on Uniswap alone,” he added. However, there continues to be a caveat with all of this DeFi frenzy, added Clayton – the Ethereum network needs to scale in order to successfully meet this increasing demand. “Maybe centralized exchanges’ days really are numbered,” he said. “But not until the scaling issue is solved. Maybe Cosmos can do it with an Ethereum bridge.” Read More:Ethereum Classic Hit by Third 51% Attack in a Month Digital assets on theCoinDesk 20are mixed on Monday. Notable winners as of 20:00 UTC (4:00 p.m. ET): • cardano(ADA) + 7.6% • tron(TRX) + 5.4% • nem(XEM) + 4.8% Read More:Five CoinMarketCap Executives Depart Binance in Mass Exodus Notable losers as of 20:00 UTC (4:00 p.m. ET): • zcash(ZEC) – 5% • chainlink(LINK) – 3.8% • tezos(XTZ) – 2.6% Read More:Coinbase Adds Marc Andreessen as Board Observer, Replacing Chris Dixon Equities: • In Asia the Nikkei 225 ended the day up 1.1% asWarren Buffett announced Berkshire Hathaway purchased 5% of each of the top five Japanese conglomerates. • In Europe, U.K. trading was on holiday. Germany’s DAX index closed in the red 0.61% asinvestors were cautious due to coronavirus surpassing 25 million cases globally. • The United States’ S&P 500 lost 0.22% asbank stocks dragged the index lower due to lower yields in the Treasury market. Read More:What Changes at the Fed and the SEC Mean for Crypto Commodities: • Oil is down 0.26%. Price per barrel of West Texas Intermediate crude: $42.80. • Gold was in the green 0.28% and at $1,969 as of press time. Read More:Someone Lost $16M in Bitcoin by Using a Malicious Install of Electrum Wallet Treasurys: • U.S. Treasury bond yields slipped Monday. Yields, which move in the opposite direction as price, were down most on the two-year, in the red 3%. Read More:Cryptocurrency Earned From Microtasks Is Taxable, Says IRS Memo • Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M in Daily Volume • Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M in Daily Volume... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.